, 1874-12-21
| WASHINGTON,
Gossip About the New
Financial Scheme.
Further Unfoldings Of IT,
Probability Of It's
Adoption.
Irwin Abandons Ills Plea Of
Illness and Becomes
Ugly.
Elo Is tho Mcanest Kind Of a Man
q Fellow with q
Secret.
Ex.Postmaster King Dragged
Into the Scandal.
rpet-Baggers: Mourning for
Their Lost Estate.
0oohrane Loses the Appointment Of
Supervising Architect.
charges Preferred Against Architect
Rankin---He Is Acquitted.
Tue Treasury Department. Looking After
Canadian Snugglers.
ooohrane Loses the Appointment Of
Supervising Architect.
Charges Preferred Against Architect
Rankin---He Is Acquitted.
The Treasury Department. Looking After
Canadian smugglers.
THE NEW FINANCIAL SCHEME.
PROSPECTS pf 1Is ADOPTION.

sptcio! b1spateh to 3he GH,cauo Tribune.
HAsuiSaroS, d. G., Dec. 2O-Tlo fnnncc
Ilat'' Which waa yesterday agreed ,lpon by the
| sehalo Nepublicann haa tho approval of lho
l'cpHbitcano OF the SENATE. Tim moro advanced
hafa'monoy mon think that it docs not provide
1of as speedy or certain resumption Of coin pay-
:nent as they could wish, but they hoicye TINT
u stop IN tho right direction, anl will oupport
IT, lAo most remarkable feature about tie plal,
is thnt tho Senators who layo hold s1cl conflict
| lhE viewB Of finance linyo un;tot urou IL. Il,ia
measure "ill certainly SECURE tho s,nitcl s,r,]ort
or tne ltep1iblicaus il: tho 6cualo 4 cal,c,ls Of
tne tne 1los,ao Republicans will now coon 10 cnled
tion or tho i5onato plan. II This can In nrcnm.
pIlsllot tho Republican Senators fcnl TINT lin
anance question: will bo removed from politics.
Ira Tie associated t4ess1
,r THE LEADING FEATURES or T1tE HILL.
y, y As1i1SuToS. d. e., Dec. o0.-trLo Finnnco
plsi agreed TO- .yesto!day by tho So,ato Eonnh.
ilcaii caucus will bo reported to tho Souutn IN.
ns ri,",a II" 'eaang features aro substantially
ti'.st-Frec banl;ing to 10 open to all indi-
sla,aals and associations without Limitation Of
captaL oA
Second--Tho retiring of IN amount of ,,roor~
backs equal to 50 per cont Of tho amount nf f ths
new National Uank 1,oeea Issued ul.t. tho t,rcon.
back circulation ahall DO relucul to 800, 900, ,00Ic
after which
40 FURTHER REDUCTION OF anEESpacKs
IS to tako pluco. 1t Is CLAIMED TINT by tis; pro.
f'5len thero will be ncithor oxpnnsiou nor co.,.
@ a"ct'on VI lio currency, MI about 20 per cont lis
dow required III bank rrsorres.
1hird ~ Tho withdrawal aud dcstr,.cti+r, y,
q fractional currency and tho substitution III
silver coin, tlia arrangement to 70 into oirot AZ
suon as piaetica6lo ''ii1er tito direction Of tas
secretary OF tho Treasury, who is authorized, IN
use any surplus money for ~
,suprLYlNa SILVER com,
ana II this is not gulicicnt, 10 cell tho rcou:7so
amonnt OF bonds OF Tho new Aerics to obtain tia
1unda for that purpose.
fournt-lfemoy.ng Tho cost for tile cnin as,n -,
goI! vt tho several alintH. s'0 ~
lyM-Reh'lmpsion Of specic-paymont. to |
commence OH the tirat lny oil Jau,,a,y. 1871.
INC Secretary of tho Treasury il a.itlori2 I'd to |
nea nny Surplus spocio III tho TrauBl,ry: INT If
that Ii not sufficient,
To SELL noxDs
IN II order to obtan sola 10 pay Treasury .notoa
d,u! tEls last provslon docs not, like thu others.
remains undisturbell. NV
ahe eill having boon agreed to almost 7,nnn-
n1ous!y by sha CAUCUS, thero being onl.; four
!af dlsseniin insnrca the passage Of the
blil by tho Eenato, and wili, 1t is thought ,y Son
ators' paas tho 1lonso Of Representative by a
tint N"0' 20
IT WILL RECEIVE TIE APPROVAL or THE
TREsIDESr,
M it ia in nccordanco with fie rocnnt; rocor,-
incubation to ConErega. It iB najd tint no n,,.h
u tho fractional currency il mutilatol md iost
Us ,nn neh a. ~ per cenr annually that silver
an tako 10 place witt, 10 Inconvenience, to Tho
anDllc The Government III nlIo to purchase md
'oa silFar ut profit, and can at III carly ncrod
'ffect i.a substitution, S' rS4'o"
=, Inc Secretary of tho Treasury eays tho
'ailmate of tho Director of tic 1ip,t
SHOWS 4 GAIN IN BpEuIE
i n aa bullion m III tho last two fiscal years of about
ssa, geo. 9oo' nnA tho stuck OF epoo 10 in tic
o"ntry II sal TO 10 about slG0,05D,0 10. This,
y connection with tho annual production Of |
'pout $40 0co goo Of precious metals ,,fruru On.
enlargement TINT tho stock OF coin may within
reasonable tiIno and with favorable ugtslatiou.
= accumulated to mn cxtc',t sufficient 10 onablo
akon aud 1naiutGiucd. ~ 1A"s4 Z