The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1874-01-10

lill legality, ana were bcliiu ttstcu ~
the ooilrta. The State had tried ~ pny
tie interest on this whole amount, aud
done ~ up 10 date, but could do 80 no
longer without maintaining rate Oi
taxation which was almost conilaca-
tiOn.
He proposes the funding OF the whole
debt nj sixty cents on the dollar In new
per cent consols, guaranteed by n con.
stitutlonal amendment aud the appro- |
priatlon for the Interest made perpetu-
al--the debt 20 be limited ut the point |
to which II would be reduced 10y this |
consolidation, say fifteen millions. He
argues that these consols would be
worth par, while the present bonds are
only worth on the market nifty cents
on the dollar, and states that the con-
solidation scheme has been submitted
to and approved by the New Orleans
Chamber Of Commerce and the large
bondholders. Heregrets that the large
appropriations made for railroads had
resulted in the failure TO build the road
to Texas. The two and half millions
of bonds issued to the Mobile and
Texas Railroad by the act of 1871,
without consideration, would probably
not be paid.
ANY one who would come forward
and give solid guarantees TO build the
road should have every assistance
from the State. Failing in all other
plans, he recomm ends that the State
buy the road under the second mort
gage bonds and build it itself. The
message recommends the revision or
repeal of a large number of laws, and
| hat ,f l,.,ro fnrn,tt,ar thn
opposing body do not come in and
take their seats, which have been kept
open for them, they must take all the
responsibility of the result of their
conduct.
The McEnery Legislature met, but
there was no quorum. In view of the
fact that the Kellogg Legislature is
recognized by the President, the Nc
Emery Legislature will remain in sess-
ion only u short time, adopting, how
ever, before it adjourns, an address to
Congress upon the political situation
in Louisiana.
| JACKSONVILLE, January 5.-The ma
tional crop report figures show the corn
crop this year of Illinois, Indiana,
Iowa, Kansas, Minnesota, Missouri
Ohio and Tennessee, to lie 24l ,200,Q00
below that of 1872. The potato cropin
the same States shows loss of IL, AGO.
900 bushels.
WASHINGTON, ID. c., January o.
The President was at the Capitol three
hours to-day. He first sent for Speak
err Blaine and the Louisiana delegation,
and afterwards for the Judiciary COM
mittee of the Senate.
There has been some small caucus
ing to-day over the pending civil
rights bill 1t is understood that at the
close of the debate tomorrow, General
, Butler will move its recommittal. The
: Republicans seem to insist on this ac-
ton, which virtually defeats the bill
without personal commitment for or
against it. 1t is stated in other quar-
tiers, that the action is OH the side of
cancellation, and was prompted by the
resolutions of the Virginia Legislature.
Some Virginia Republicans were prom
, inent in the movemedt.
i. A bill was introduced in the House
to-day authorizing the President to
|, appoint o committee to investigate the
subject of wages and hours of labor,
and of the joint profits of labor and
capital letween the labOrer and capt.
talist, and the social, educational and
sanitary condition of the laboring
classes of the United States.
Treasurer Spinner leaves here to-
morrow for Florida for the benefit of
his health.
The Internal Revenue office was clos
ed to-day in respect to. the memory of
the late Commissioner Sweet.
The House committee on Appropria-
tions this morning, in discussing the
army appropriation bill, cut out all the
estimates for the amount of coast for
tifications, except such as were deemed
absolutely necessary for national safety.
A great many forts it will be remen-
bered, during the Virginius excite
ment, were ordered to be maintained,
and the effect of the action of the COM
mittee will be to let them remain as
they were heretofore.
II Lieutenant Hyer, of the Eighteenth
infantry, has been ordered to hold
himself in readiness at Columbia, S. c.,
to make payments to claimants, especial
instructions to be communicated by
the Adjutant General of the army.
i The Senate to-day was principally
occupied on the salary question, but
10 action was taken. Mr.. Wright, Of
Iowa, introduced bill instructing the
committee on Civil Service and Re-
trenchment to inquire into the eXpe Ii
ency of making a reduction of ten per
cent on the salaries of all government
officials. Mr.. Bogy made u speech on
i finances, in which he complained OF
the unequal distribution of the curren-
cy to the detriment of the Southwest.
LONDON, January 5.-The street dis
count is below the bank rate.
A dispatch from Madrid says IL was
:. Marshal Serrano's wish that CASTELAR,
should be member of the new minis
try, but the latter refused to again ac-
cept office. On the defeat of CASTELAR,,
and previous to the interference of
General Pavia, the Cortes elected Senior
Hotonia President of the Cabinet
A News special says the republican
, force beseiging Carthagena accepts the
, new government.
The national militia in Madrid is be-
ing quietly disarmed
The News dispatch also says q rumor
, is in circulation in Madrid that the
: late ritual of General Mariones was =
concerted maneuver in support of Cen
eral Pavia's coup d. etat.
The Standard has intelligence from
the Gold Coast that the British forces
will enter Asbantee territory ON the
|, 18th of this month.
!, MADRID, January ga decree has
been promulgated appointing Serrano
chief of the executive power.
VIENNA, January 8. The navigation
of the Danube is closed by ice.
SAN Francisco, December 1.-Two
hundred pounds of giant powder ex-
ploded in the Nevada mine, killing
and injuring many miners. Two
hundred feet of the shaft was destroyed.
i WASHINGTON, January Sin the
Supreme Court there was a full bench.
Justice Clifford, by virtue of seniority
of commission, acts as Chief Justite.
IL ...n.. 4, Of .,i.,.,oood fhaf tho ltnc-