The Kenosha telegraph. [volume] (Kenosha, Wis.) 1860-1888, 1874-11-12

The Louisville. Courier Journal publishes
number of extracts from letters aud kilograms
to merchants and business men of thatfcity
| from all portions Of the South indicating a.
revival of business ant the restoration of con-
fdence in the stabilit II Of affairs there in the
future. e. fF i
| u Washington. CA 49, !
"A Washington correspondent Of the Chicago
| Tribune states that lit is more than ever
probable that the law convening Congress on.
the 4th Of March will be re-enacted since it
| is understood that many Democrats are in
| favor of it. By it's re-enactment they will be
enabled to proceed at once to the work Of re-
| pealing or attempting to repeal such measures
as have been passed by the Republicans as
are obnoxious to them. Anticipating proba-
bile opposition from the Republicans, the
| advisability OF preventing the passage
of one or two important j APP
preparation bills, with a r view to forcing
the success of the desired bill, is being dis
cussed. On the other hand, the Republicans
are devising Legislation which will make the
Democratic House ,powerless for mischief,
|
Of the Treasury to borrow money for current
/ expenses in case of q failure in Congress to
| appropriate, and others of the sort. If such
| bill should pass at the next session. the
Forty fourth Congress could notrepeal II, as
the two branches would be entirely different
in political complexion, and Republican Sem
ate would be in existence to defend and pro-
tect the work of a Republican majority in'the
Forty third Congress" -'4 .sT9m09en9
| Fernando Wood, Gen. Banks, S. S. Cox and
ex-Gov. Walker, OF Virginia, are prominently
@spoken of in connection with the Speakership
/ of thenexf House of Representatives. = s
At a Cabinet meeting on the 7th inst. the
President expressed himself more at length
on the ''third term" than ever before. He
/ said that careful examination of the returns
in the different States showed conclusively
that the people were not influenced by
the wild cries on this subject. He
| pointed to what he considered two notable
instances in proof of his assertion. The
/ South Carolina Republican Convention had
emphatically pronounced for him for q third
term. and it's candidate for Governor had
been triumphantly elected in the face of
enormous odds against him. On the other
. hand, in. the Utica district, in New York,
where the Republicans had always bad all
Overwhelming preponderance, Ellis Fl. Rob-
erts insisted upon the Congressional Conyen-.
/ ton which nominated him pronouncing
against a. third tern term, !. and a. Roberts was de-,
/ feated. - .p4na lp~z
1 & Gen. Spinner, Treasurer of the United
States, has completed his annual report. He
again advances, arguments in favor of issuing
interchangeable bonds bearing IS per cent.
interest," He thinks that the chief objection
to metallic currency is its lack of elasticity.
4 He believes the rate of interest of the pro-
posed bonds will be high enough to sell them
to the absorption of any surplus currency at
any time, while it viii be enough to force a
I return Of the bonds in exchange for legal
tender notes when the business of the country
demands more currency. The rate of interest
at one cent day on the hundred dollars
would be popular with the people, he says,
/ because it is easy ST computation. He argues
that the conversion of the IS and Is into
low rate bonds in the event of the condition
of the currency demanding such conversion,
would result in the material reduction of the
interest on the public debt, and make it pay
able entirely in national currency at home and
not in gold to foreigners. f-cuTG ~
! 4Gt I<ft Political. s-@$f y NJ 81
Charles Francis Adams is spoken Of as the
new Senator from Massachusetts. NJ G
Hon. John Morrissey is mentioned in con-
nection with the Office of Sergeant-at-Arms of
the House. .. Av.fE @t4sa31 a4a@
Hon. Joseph Medill assumed editorial con-
troll of the Chicago Tribune Nov. 8. In his
4 salutatory he promises to give to the Repub-
lcan party and principles hearty and gener-
GUS support but his paper is TO be the organ
i of no ring or clique, and will fearlessly criti
else all party leaders and measures.
It is understood that the friends of Colonel
James Bar, editor of the Pittsburgh Post, will
present his claims for the position of United
States Senator. representing the western part
of Pennsylvania.
General.
passenger train on the Chicago, Burling-
ton and Quincy railroad, in endeavoring to
make up five hours lost time, made the dis
lance from Galesburg to Mendoza, eighty
miles, in two hours and one minute, stops not
deducted. ~
The Changers of Eastern Michigan will hold
convention in Detroit, Nov. 19 and 20, to
consult on the subject of getting supplies at
the lowest rates.
The next session of the Protestant Episco-
pal Convention, recently adjourned at New
York city, is to be held in Boston in 1877,
The Agassiz Memorial Fund in Boston
amounts now to 1921 005.
ALI the military convicts are to be taken
from the various penitentiaries throughout
the country where they are confined, and inn
prisoned in the buildings az Fort Leayen-