Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1874-11-21
WASHINGTON.
The Cabinet Against Interference
i'm Arkansas.
Grant and Williams Weary of
the Wailing Carpet-bagger.
Proposed Funding Of the South:
ern State Debts.

WASHINGTON, Nov. 20.-The Cabinet
session to-day lasted nearly three hours.
All the members except Postmaster Gen
eral Jewell were'present.
Arkansas Matters
were the subject Of comment. Attorney
General Williams submitted kilograms from
Senator Clayton and several State officers
of Arkansas, urging the recognition of the
Smith party by the Federal Government,
but the general opinion Of the Cabinet was,
that since their last meeting nothing has
occurred to alter the decision made at that
time; that the Government has not in its
possession such information as would JUS
tify any interference with the controversy
in that State.
Gen. Garland, of Arkansas, telegraphs
his counsel here to-day from Little Rock,
as follows: "All peace; no noise; no dis
turbanee."
Naval Appropriations.
The Naval Appropriation bill, as CON-
pleted by the House Committee on ApprO-
priations is for the navy establishment
proper, without reference to the con-
tinuance Of Improvements at navy yards
and the construction of new vessels. tt q
appropriations aggregate ST., 100000.
Buying Up Claims for slaves.
Special to the Cincinnati Gazette.
A gentleman of high standing, who has
spent much time in Florida for the past
two years, and is well acquainted there,
brings information that gentlemen in that
State are now engaged in buying up claims
for slaves, and actually paying for this
alocc of aiairnc- in sr.cf
hundred dollars each having been paid.
Among Others engaged in the business is
ex-senator Yulee.
Getting Tired Of Southern walls.
Special to the Cincinnati Times.
There is reason for believing that the
President and Attorney General Williams
are heartily tired of the continued calls
from the several Southern States for Fed
eral assistance, and regard with satisfac-
ton the early assembling Of Congress, in
order that that body may enact such legis-
lation to remedy existing evils as may
seem proper. Several gentlemen who have
talked with the President, say that he will
urge with much earnestneSS the immediate
consideration of political troubles in the
South, and will not hesitate to recommend
some practical legislation, so as to give pro-
lection to the negroes, and al the same
time afford relief to business interests.
voiney vOItaire Smith, the Bogus
Governor.
Special 10 the Cincinnati Enquirer.
Smith, who pretends to be Governor,
turns out TO be a son of DeiaZon Smith,
formerly known as DelusiOn Smith, Of Ore
gOn, who once contested Williams seat as
United States Senator. DelusiOn Smith
was a violent enemy of Christianity, and
christened his young hopeful, who now as
pires to be Governor of Arkansas, Volney
VOltaire Smith. Notwithstanding his pa
per rebellion and high-sOunding names, the
private telegrams from Arkansas received
here to-day report entire peace aud order
under the legitimate State Government, of
which Garland is the head.
No New Deparfure-The Message and
Reports.
All the indications now are that there
will be no new departure by the Admins
tration, either in policy or in the OIganiza-
tion Of important affairs. The Presidents
message and Secretarys' reports are expect
ed to follow in the routine track Mr..
Jewell viii hardly make a hobby of the
postal telegraph. The message will un-
dOubtedly very strongly urge the hard
money and specie resumption policy, and
defend the ''outrage manufactory." The
President may add his objections to the
mixed school feature of the Civil Rights
bill. Some think that he will improve the
occasion to say to Congress that he will
not be candidate for reelection, or words
to that effect. Secretary Bristow will pro-
badly urge economy in all the branches Of
the Government, so as to avoid occasion for
fresh taxes or loans. The foreign relations
present no serious trouble or complication,
but there will be the usual recital of rou-
tine matters.
The Real Struggle
will begin after the reports and message go
in. There are evidences that the Northern
Pacific, Texas Pacific, Pacific Mail, and
other enormous jobs, can wait no longer,
but will be pushed from the word 90 when
Congress meets. Then there will be the
discussion over "Who did it" in the No
vembeT elections; a struggle for a commit
tee to investigate Louisiana; the intrigues
for the succession by aspirants in each
party, and for the officers and honors of the
next House.
The Southern State Debts
Special 70 the Chicago Times.
a proposition to fund the entire debt of
the Southern States has been made by
London syndicate, or company, known as
the American Bond Funding and Banking
Association. Mr.. J. J. MackinnOn, the
representative of the association, is now
travelling through the South, and has
opened negotiations with the Governors of
several States. The matter will be brought
L. Il. = -
the sessions TO be held this winter.
In reference 10 the debt of Virginia,
which amounts to about S}0,O00,00O, eX-
elusive of past-due and unpaid interest,
and the One-third allotted to West Virginia
as her fair share Of the ante-bellum indebt-
edneSS, Mr.. MackinnOn has offered to fund
in bonds running ten years, and bearing
per cent. interest in gold, OF in bonds run
ming twenty years, bearing per cent. in
terest in gold, the principal and interest to
be paid only IN London. The association
prescribeS, as one of the conditions of the
contract it proposes to make with the State,
that the money TO pay the principal and in
terest of the new funded debt shall be de-
rived from a fixed portion of the revenue,
to be inviolably -et apart for that purpose.
Southern State bonds are said TO be rising
on account OF this scheme OF funding.
Resumption Schemes.
There are in the city a dozen members
of the House and some twenty Senators,
and among them there is a good deal Of
speculation over the specie resumption pol
icy which the President promises to recon-
mend to the Republican party in his COM
ing message. Among the plans suggested
is one TO retire the legal-tenders put out
after the panic Of September last. by is
suing bonds. This would increase the
bon0ed debt, and some object to it on that
account. Another method is to receive a
certain percentage of the customs in legal
tender notes; and cancel the same daily as
they are received. This would be a steady
and gradual contraction of the currency,
and several members are in favor of it.
NEW ORLEANS.
The Conservative Majority Holds Out