, 1874-12-07

Of Coneresa tomorrow tho prosens negotiations
wlth snafn wonld hnyo been ondotl, but in this
10 u hna hoen disappointed. 11e, thercforo, naya
pondlng negotiations. but ut n ,rnturo tlme will
present tho snbiocr to tho special consideration
of CongresB.
THE POSITION or THE TnEslnENT on THE F1-
NANc1AL QUESTION
is practically az foliowp: Notwithstanding
formor spccaatlous Of thoHo who spoke without
authority, he dosirea aud will recommend tho
resumption Of specie payments at tho onrltent
practicable day. But lo does not believe this
1875. Ilo doos not uame any day, losving Con-
gross to devise means TO encttro the loairod end,
1t being tho duty of OongroBH to do 40. Tho
loRal-tcndor clnnao Of thu Currency act should
aftor D day to DO fixed BY lnw for Ito rorea1.
Power should DO given 10 tho Seolotury Of tic
Treasury to obtain gold from, al'l after tho dats
f1od for tho
REsuMrT1oN or SPECIE PAYMENTS
by tho tssuauco Of bondH. In addition to this,
tho royouuos Of tho Government should bo in
c1cess OF the expenditures. Toslppork rcsuinp-.
ton. creator economy should bo praoticoa In oil
departments OF tho Government, and, if nocoa-
hnry, tho customs aud iutornal rcvenuo laws
changed to SECURE 1nrgor amounts OF rovou'lo.
With return OF apecio pnymouts
nANKTN7 SHOULD nE FREE.
Tho blll.ho1dera Rhonltl continue to bo protect
cd ~ at proaeut under the banking law. Thoro
rcnov' a. tho nornm"n;,v ~ ettanir ehnn1d detor-
tnlne wGut amount ia Tcnu,re1 fur buslnoss
tranHaot,one' instoad of having tho Execntiyo.
Secretary Of the Troasnry and Congross to liz q
nvor n -,ni,o ro'n1st,nna ra,ora;r1 fraa 49, harrs
Of isaue. and to atato contitfona Nh which, thov
can be organized and transant businaas. Lin
isria]otinn to Ia in nrcnrtfnnco viii tho nnv nr.
dor Of things; or. tn other words. tho rasump-
so s,osoroT-v
bv fxlpp tho amount of isnnc. TIN prca;aent
will recn,n,nnnd thnk Cnnrroaa do mi ;ntnrfera
aossion nnicaa to amend Il an ~ 10 canfnrn' with
n nan tor tho rcann,nt,nn a. snac1o narmonta
rfe praaident viii n1nIfo m rocnmn,ondo ot;or on
tho subject Of internal i,nnroyomouts hy tho
General doverumcnt, ,!but viii merely rofor 10 tho
tteo on us nton rnoa y FIN oenoara
which has nlrondy n,a.io tta renort nnI syil rive
further ,nformntion fro,n morp roccnt ;nycatra-
Liopa. Tho prrs]ont ,Iovotca m.1ch snacn tn
AFYA1ng IN tuKASaAs.
giving thu ronsnn wJ,v ho ]cciinod to ;ntorforc IN
the recent dioulties in thnt Stato md he ndyorts
to the factH narrnteII in hia Huecfsl ,noenu.o 10
Congress- in Fnbr,,nrv, 1H79 rclative n I,ns,n,,n
in wIicL no mid ha ia m ancctlc rncnm,nann.
t;on In n7olo on fi,o srhtoot hrt - t1ora raro
anv nract,cal Wv ~ ronnv;no thosa d;fficu1tiea
bw wleeislat,on t,,on fe e.rnest1y rcnueatod thnt
II, n,,aottnn n,;,,tt In tnlyor ~ ~ int
.ens1,,n of ConTress Hc waa axtrame1v
anyi ma To nynid nnv nrotenao NJ uml,tn
;,.tryrorrnec IN statn affair. md II ronrresa 1if
ternd With lin M tn what onrht tn h. 3eone la
reduested its Immediate dncIsjon tn that effect.
t1therwisc hc ahnrid focl ohl,ccd ns Tar as hn
cn,,lG 1,y te oro rorcisa of 1cct;,npte sthnritv tn
mt m oufl to tbe ,1nI,anpV con;royorYv which
disturbed tho ncnce and nrostratea Tho businesa
Of Louielana ty the recoenitiou md
sUppoEr Or THAT unyEuyuESr
Which yag recognized md unholi by tha courts
of Tia Htato. II m ,,nei aiv1ssho thna ho
ai,ontI stutn winch co,,rso ho shouin
fail honna To nnrp,1c in rofcrfnna tr lin mnttor
In tl1n oyeur ri M nnti,n hn,nu tul,an Nv t,n-
rreas nj that linn hnt suhiart "a uotiafactnrv
rrnt,rnrnnfa +hnf r3rht ia n,,do hr tI>a r,arfiog
to the controversy, aud slich Of ali things was
,nost desirable Il wouId hn lila il,.r aG far na
II mint hn ncccsanrv fnr him tn
act 10 adhoro to tho fioyornmont horctoforo
recocn;zctl by him. Tho Proaidonr nraiu suhrnits
thig G,,cetion tn Congress-. and viii cootint,a TO
Art nj ho has borotoforn ncte r,lative tn thn a.
fairs Of I,ousiara. unless othorwiae controflsd
hv Conrrcna. srha prosidant rojtarctes h,a cnn.
Ndanrc ia