Iowa voter. [volume] (Knoxville, Iowa) 1867-1874, 1874-05-07
General News Summary.


Washington News.
The prosecution rested It's case In the How
ard court of inquiry on the oath. Gen. How
ard expected 70 occupy about week 10 his
defense.
According 10 Washington specials OK the
oath the Western Representatives were very
decided in their purpose TO adhere TO their pre-
vious actions upon the Finance bill. Repub-
lican Senatorial conference had decided to
draw up an address to the country on the sub
ject OF the veto, and appointed Senators Nor
ton, Carpenter, Logan, Ferry OF Michigan, and
West TO draft IT, At conference Of Republi'
can Representatives, called TO consider the
feasibility OF the passage OF free banking
bill, with redemption clause, IT was con-
cIuded that such aplan was feasible. Senator
Sherman Is represented rs believing that some
measure could be devised which would be
agreeable to both sections Of the country, and
Senator Morton IL also said 10 be Of the opln-
ion that compromise would yet be agreed
upon which would be acceptable TO nearly all
parties. lie thought the debate on the veto
would be OF considerable length. One special
telegram says: "Some Of the moro prominent
Eastern members this morning manifested
much anxiety 10 secure some compromise, In
order To restore harmony In the party. They
express Willingness TO cooperate In all
proper ways TO secure such compromise,
and think that the West Is entitled TO more
than IL has received. One OF the suggested
means OF compromise is the passage Of the
House Free Banking bill with something
like the Foster amendment" This amend
ment, which was rejected In the House by a
vote Of I05 yeas to 1873 nays, provides that,
whenever the National Bank note circulation
shall exceed s40O, OO0, 600, legal.tender notes
shall be redeemed and Cancelled TO the extent
OF 35 per cent OF such excess until the out
standing and unpaid legal.tender notes shall
be reduced 10 s200,0O0,000.
Washington Associated Press dispatch Of
the 26th says 1t was thought by many consery-
alive Congressman that bill could be framed
by the Senate Finance Committee which would
be acceptable TO the Senate, combining the
feature Of redemption proposed in the House
Finance bill with the right TO issue additional
bank notes, on condition that a certain proper
tion Of legal.ten notes shall be withdrawn
mt the same time, and many were Of the opin.
ion that II such a bill was reported from the
Senate committee with provision authoriz.
Ing free banking IL would pass the Senate and
the House and receive the approval OF
the President. A telegram of the
Oath says the President had informed Gen.
Garfield that he would approve a bill which
provided for free banking, with further pro-
vision that, as new bank notes were issued,
greenbacks to the extent of 30 per cent Of the
amount OF the new issue should be retired,
this process to continue until the volume OF
greenback circulation Is reduced to $500, 0o0,-
600.
The District OF Columbia Legislature met
and organized on the 27th, when Gov. Shop
herd sent message recommending that the
body adjourn until Congress disposes Of the
investigation and the pending joint resolution
contemplating the snapenslnH- Of THE fuuc-
tons of the District Legislature.
Washington dispatches Of the 9th state
that the Senators disappearing OF the Presi.
dents veto OF the Currency bill had concluded
to postpone their contemplated address TO the
country until after vote had been taken Upon
the bill and the veto message
The Secretary Of War on the 9th directed
the issue OF 10000 army rations daily for
twenty-five days, and also proper supply OF
army clothing, for the destitute people In the
overlooked region about the Mississippi.
The attorneys representing both parties In
the Arkansas dispute for the Governorship
called on the Attorney General, Ia Washing
ton, on the 29th and submitted written argu-
ments In support Of their respective claims.
II was stated that the decision OF the Presi-
dent would be made after thorough consid-
GRAFTON Of the arguments thus presented.
o. ii. Kelley, Secretary OF the National
Grange, sent telegram from Washington on
the 2Sth to III. NJ y. Lewis, Master of the
Louisiana State Grange to the effect that he
had sent by express, by order OF the Execu-
tive Committee OF the National Grange, $1,000
for the benefit Of the suffering members Of the
order In Louisiana.
A Washington special Of the Goth. ult states
that there seemed 10 be much doubt whether
the Senate Finance Committee would be able
to report any compromise currency bill, and
both sides were disposed TO think that The
chances OF securing anything beyond with
drawing the s25, 100000 from the East were
very slight.