The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1874-02-18
Probable Passage Of Cameron's Method
Of Monetary Relief.
THE STRUGGLE IN THE SENATE
Movement to Bring Louisiana
Matters to an Issue.
THE GENEVA AWARD.
Needed Reorganization Of the
State Department.

Needed Reorganization Of the
State Department.
WASHINGTON, Feb. IL, 1874
The Financial Struggle An tho Senate
Probable Passage or MIR. Camer0n's
Substitu ute.
The Senate has had another field day on the
Hnancial question. Senators Wright, Scott, Ferry
and Buckingham alternated in views respectively
looking 10 innaton or it's contraction. Senator'S
Morton, Hamlin. Sherman and Howe followed sue
cessively in the lists, similarly opposed and paired
OIL In the order named on the debate Many good,
but no startling things were said on the financial
question. While to q new listener the discussion
would seem at times to be quite metaphysical yet
to those who have read or listened to the long
agony over this subject either they or it might be
fairly regarded as talked to death. The policy IS
to put Oh as much as possible hnai issue. and
hence the present strategy and tactics which the
older members OF the Senate nave brought
into requisltion, aided by all their ex-
pert practices, to repeat the treatment OF
last year on this same question, when
1t was talked over for so long time and nothing
dOne. In fact, as this fnality seems the more APP
parently to threaten the fate OF the question: the
reference to Mr.. Boutwells do-nOthing policy'' 10
the more frequently made. Mr.. Boutwell, even
now says that ''nOthing simply nothing, will be
done with the finances, and the country win move
on as 1t has done, gradually increasing In pros
perity and nnally reaching the goal OF safety in
nrm specie basis" distinguished Senator said
to-day that it would take the power OF omnisci-
ence to tell how much longer the debate is to con-
tinue but that OF the three propositions made the
probabilities might be set down as follows:-
First, the least likely is the specie re-
sumption resOlation second, to the trans
fer Of circulation from the East, as
proposed IN Mr.. Sherman's bill and
amended by Senators MerrimOn and Wright, will
take the next rank OF probabilities; and third by
that which OF all things is most likely to prevail,
some plan whereby Tree banking will be assured,
with some degree Of restriction. The motion OF
Judge Wright to recommit will not be carried, and
the forces are so compactly gathered that they
as prepared now as ever they Will be for the nnal
test Of their strength by direct vote, but the
wary cautiousness Of the anti-innationists will de-
fer che struggle looking to exhaustion demoralza-
ton or other ilomened obstacles to defeat the
natiOnsts Senator Carpenter Is OF the opinion
that the debate on the present PROPOSE
tons will take the balance of this week be-
fore vote IS reached. firm effort was
made up to the last moment to carry
the recommittal OF Sherman's transfer bill. but
1t Is as ably resisted Should 1t, however carry It
their project to increase the currency. The ques-
ton viii be taken first on Senator Merrimon's
amendments to add $40 900 to the circulation,
which, it il lost will be succeeded by q vote
On Senator CamerOn'S amendment for free bank
Ing, with restrictions slight change has
Cured. In the status OF the Senate on this last
proposition, but 1t Is more than even chance
that it will carry, II the motion to recommit be not
taken out Of its parliamentary order and forced on
the Senate. Senators Morton, and Ferry of Michi-
gan, feel confident that the Senate will sustain
Senator Cameron's amendment by q slight ma
Iority vote. At the close OF Senator Thurmans
speech to-day the Senate went into executive ses.
zion and adjourned.
The Election Contest in the House.
Alter the morning hour the House was called
npon TO listen TO the dry details of a contested
election case in the Arkansas delegation. The
Committee on Elections. having the right to re-
port at any time, cut or the financial discussion.
which was to have been inaugurated with much
earnestness. The election case of Wiltshire Occu-
pied the entire session, being protracted until
near seven O'Clock by the flibusterng motions OF
the democracy. The case may occupy the entire
session tomorrow.
Louisiana Matters to he Decided
shortly.
It Is understood that the following plan of action
has been agreed upon by the democratic Senators
in regard to Louisiana matters :-One Of their
number will, when the question is again brought
before the Senate, offer as an amendment or a SUBJ
stitute for Mr.. Carpenters bill providing for
election, resolution looking to the recognition of
the McEnery government the government
elected by the people OF Louisiana Should this
fail the democrats say that they will have acqult-
ted themselves OF their first duty will then
port Mr. Carpenters bill as the only measure for
is argued by the democratic Senators that the Nc
Emery government is the only legal government,
and If the Senate should refuse to recognize this
fact there would then be- in their opinion, legal
government IN Louisiana, and it would be their
solemn duty to afford the people of Louisiana the
means for establishing legal government. This
dlspossesses the matter Of the bugbear OF federal
interference, which has worried some OF the State
rights advocates and makes The united action OF
the democracy more imperative. Supporting
them In the view only that there is no legal gov
eminent in Louisiana are more than enough re-
publican Senators to carry the measure through.
Senator Carpenter Will Push His Louis.
fana Measure.
Senator Carpenter says that as soon as the de-
bate on the Finance bill is closed, which he
expects will be by Monday next he will try to get
ND his bill providing for new election in Louis-
ana He seems to be firm in this, and there Is no
evidence, Judging from his positive manner, that
the friends OF the administration have made any
impression on him which would lead him to desst
from his original fixed purpose to try to obtain
new election.
Reorga MIA ton Of the Department OF
state.
The Committee on Foreign Affairs were engaged
to-day in the consideration OF the bill reorganizlng
the Department of State, ana agreed to the clause
for the appointment of Third Assistant Secre-
tary The select committee appointed to investi-
gate the affairs OF the District OF Columbia will not
again meet for business until Governor Shepherd
shall have furnished the detailed information re-