The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1874-01-29

grave matter. except with the consent OF Senator
West. He has held them to the agreement, and
the combination Is too strong to be d!sregarded.
The President, acting on the military maxim that
success Is the criterion OF merit hesitates to take
step that might pus him on the side OF the
minority. matter OF no little moment in
the complex forces brought to bear on
the Executive ia the fact that, BY willing
witnesses and INSCRIPTIONS creation and use OF
kilograms by Kellogg, the President has been in
duced to believe that the majority OF the people
OF the state, irrespective Of party deprecate and
oppose new election. It's difficult to tell which
OF the enumerated considerations las contributed
most to produce the vscliating course of the Pres
dent, and his frequent change of front on the
Louisiana case suggests the sime OF the wind:
''The wind bioweth where it iisteth. and thou
nearest the sound thereof but cans't not tell
whence II cometh and whittier 1t g0eth."
Morton Gtvos Reasons for the Presf-
dents siionce-WfIl There 10 New
Election In Loutsannas
Senator Morton, who has been the special cham
pion Of the administration, says that the President
Will not send in message on Louisiana AFFAIRS be-
cause he has concluded not to recommend new
election and outside Of this he feels that there Is
nothing for him to say. The Senators opposed to
q new election claim that no respectable portion
OF the people IN Louisiana in favor Of changing
the Kellogg government, not oven among the
democrats Senator Carpenter viii tomorrow
Introduce his resolution for new election and
make q speech in support OF it, Senator Morton
does not know when his committee will reach the
investigation OF Pinchback, called for in hts resoiu-
ton which passed the Senate. Pinchback says
that he will not submit TO an investigation until he
is admitted to seat.
UTvNo nj gnu
Nncry's House for Louisiana state
Papers.
The Louisiana drama took another turn to-day,
and an outrage, such as those which have charac-
terized the Kellogg .Durell usurpati0n all along.
was perpetrated in this City about eleven O'Clock.
For week 1t has been known that o detective, by
the name OF Smith, from New Orleans and in che
employment Of Kellogg, has been hanging around
No. 5l3 Thirteenth street. the residence of Gov.
ernor McEnery, Ex-Governor Warmoth. General
George A. Sheridan anu Mr.. MARI, and known az
the headquarters Of the Louisiana people
opposed to Kellogg. He was seen late
last night in the rain watching the house.
His movements were known perfectly, and
no surprise was felt when this morning he, In
company with two officers Of the district and armed
with search warrant, made a descent on the
building and ransacked the rooms parlors
~~~
them. hunting for the onicia returns OF the eiec-
ton. which Kellogg swears were stolen from the
State House. The warrant for the search was made
by the Police Court, based on the afndavtt of Cover
nor Kellogg, which Smith brought with him from
New Orleans. The audacry OF the outrage Ia charac-
terfstc OF Kellogg and his cause. Here q dele
cation OF gentlemen at the capital OF the nation
protesting against the greatest outrage on civil
liberty yet perpetrated In this country, and their
residence is broken open and their papers ran.
sacked by detective sent here for that purpose
by Kellogg and his associates. This under the
shadow OF the Capitol and within three blocks OF
the Executive mansion. 1t IS useless to add that
the outrage was totally barren OF success and the
officers retired crestfallen.
The Senate Squabb1e Over Finance
Boutwell, and Richardson Arraigned-
The Specie Basis.
In the Senate, after the morning hour, the fnan-
cial question was resumed In long and well pre-
pared speech by Mr.. Bayard, who went over a
great deal OF ground showing familiarity with the
statistics and close examination OF the manage
ment Of the Treasury, which he denounced in
severe TERMS both under the management Of
Senator Boutwell, aud Judge Richardson, and he
censured the former unsparingly for his defence OF
the latter In the use Ofthe ortyfour million reserve
and pontedly referred, with good deal Of irony,
to the fact that Secretary OF the Treasury, one
reason controlled him, while different one &C.
tuated MIN as Senator. He turned by legal, in
terpretation against Boutwell, the decision OF the
United States Supreme Court OF December 8, 1856 8,
which the ex-Secretary Of the Treasury
had quoted in his speech. he then
walked into Richardson right and left and said
the practices OF the Treasury had been nagrant
violations Of law, especially referring to the
cusf ratirtnU cQncpllinO
notes and then issuing others in lieu Of them. This
brought Mr.. Boutwell, hts feet, who cited the law
OF March 8, 1853, which, he contended, gave ex-
press authority to reissue legal tender notes. To
this Bayard replied that the statutes must be con-
strued together and that the last law must and
should prevail. He deplOred the millions which
had been expended in gold to pay interest on the
national debt, not yet due, and great part OF 1t
abroad. He designated Boutwell's views, and, by
consequence, the practice OF the Treasury Depart
ment, as the fanattcism of finance, and sneeringiy
referred to the tragic close OF his speech demand
ing taxation before disgrace in borrowing
further loans. Some sop was thrown to
the Changers, as Is becoming fashionable, II not
effective. in both houses. Mr.. Bayard did not pro-
pose any specific plan to cure the evils OF which he
complained, as he said 1t would be presumptuous
in him as one OF the minority. He was In favor OF
the substitution Of the promise to pay by demand
notes and unifcation OF the currency, with
gradual contraction looking to specie payments,
which ne would not say that we could do now in
two years, but 1t might have been done in that
time from 1869 to 1871, which was our golden
opportunity. He endorsed Chambers specie
vOracity. and, with four years Of moderate resump
tion felt that the Treasury could be brought back
to honesty and healthy financial management; but
the greatness OF the country could not be
permanently established until every promise
to pay was honestly provided for by
specie basis. The speech was well
received, Boutwell, maintaining throughout that
wonderful immvbility and unruf1ed composure
which is his great characteristic, though he was
not entirely unconcerned at the persistent attacks
made upon him BY the scion OF the ancient family
Of Delaware, 20 which in long line Is supposed to
be handed down the glories of the celebrated
Chevalier Bayard Not less kindly was Mr.. Bout
well handled in his own camp when Mr.. morrill,, Of
Vermont. succeeded in the discussion OF the same