The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1874-04-18
'sssa 81 IsE3K KpH.
Latest News ifoln ,Washingtoul


Als Issply 20 Gao View York Coraaeis
Especial telegram TO the Dispstehl 81 ii
| WASHINGTON, d. G., April 17.-In answe,
to the speeches Of the representatives Of til,
New York capitalists to the President TO
day, protesting against his approval of The
Senate financial bill, the President said he
had watched the progress Of the bill thro ugh
out Congress- with more interest than he bad
any other measure before that body
since he had been President. He had q.
oil times been entirely free In, the ex.
preston OF his views, and was always
opposed to expansion without redemption,
and In favor Of free banking, accompanied
with such legislation as would carry out the
pledges Of Congress and the party in the d.
rection Of a resumption OF specie payments.
But he had to look at this matter little diff.
ferent from the views of this committee.
They know very we'll what they want, and
may imagine. as he might were he citizen
OF New, York, that the whole coun.
try want what they do. The chair.
man Of a similar committee, from
Boston called on him yesterday.
II he could be In favor OF imitation
II would be from the effects Of such an ar
gument as that gentleman advanced against
it. But that position was unlike the one of
this committee from New York. The gen.
tieman from Boston, on behalf OF those
whom he had represented, started out with
condemnation Of what he the President)
had always believed to be right, speaking as
If be were wrong. They opposed the pur-
| chase Of United States bonds with surplus
from the United States Treasury. If he had
| asked the Boston committee what he should
| do he would have kept such surplus in the
Treasury until there was not greenback in
circulation. These bonds were purchased at
his own direction. Another argument was
used in the Boston memorial that the issue
Of greenbacks was of doubtful legality and
was to be deplored, and had been sustained
! by bare majority Of one in the Supreme
| Court as war measure. In conclusion, the
President repeated that his views on this
question were already know as against infla-
ton and as opposed to breaking away from
the redemption Of pledges. THoN.
ASSOCIATED Press Telegrams.l
The Now Workers and tho President.
| WASHINGTON. April 17.-The committee of
leading New York bankers, merchants, and
capitalists called on the President to-day,
and presented petition signed by two thou
sand five hundred persons, asking him to
veto the Senate finance bill. Two of the
| delegation made speeches, in which they
spoke Of the bill as disastrous to the best in
terests Of the country, and alluded to the
pledges of the President and the nation for
an early. resumption of specie payments.
The President, in reply, did not indicate
what his action would be. He said all had
their views, and he had no doubt if he lived
in New York he would think with the COM
mittee, that the whole world ought to think
as they did. He had never given any mea-
sure more attention than he had this one
the Senate bill. His views were already
known. he had been opposed to imitation
without redemption, and was in favor of re-
deeming the pledges heretofore made for q
resumption OF specie payments.
| The committee retired in uncertainty as
to what the Presidents course will be on the
bill.
Congressional.
| WASHINGTON, April 17..--Senate.- bill
to provide for the payment of the bonds Of
| the Louisville and Portland canal was taken
up and discussed.
| Mr. Upton made a lengthy speech on the
Louisiana bill, in favor of the McEnery gov
| ernment. He thought the President should
withdraw the troops from Louisiana, and
then the McEnery government, now held in
allegiance by the Federal forces, would soon
be put in power by the people, as the present
Legislature would leave the State with the
troops.
House.-Mr. Morey introduced a bill to
supply rationS, forage, and clothing to the
people made destitute by the foundations of
the Mississippi river and its tributaries. Re-
ferred to Committee on Military Affairs.
The day was occupied in. discussing the
legislative appropriation bill.
The Busseed Investigatfon-RafEro
Cheap Transportation.
/ WASHINGTON, April 1.-THE sub.eommit-
tee of the House Judiciary Committee have
concluded the investigation of the Busted
impeachment case. The questions have mar
roWed down to those of residence and the
remission of fine for contempt of court.
Judge Busted impeaches the veracity Of
MIR. Patrick by affidavit, and declines fur
1 CQeE lacluGltS lO1 p1OOk AZ wv
behalf. Judge Busted will open court in
Mobile on the fourth Monday in April.
The House Committee on Railways at a
meeting to-day authorized General Hurlbut
to draft report in favor Of the construction
of double-track freight railroad from the
Mississippi Valley to tide-water at or near
New York. The committee have taken con.
siderable testimony upon the cost of trans
porting grain over such road. The evidence
shows that it can be moved for fifteen cents
a bushel from Chicago to New York, and at
corresponding rates from other points in the
Mississippi Valley.
weather Probabilities.
| WASHINGTON, April 17.--For the Middle
States, winds shiftisg to north and west,
with clear and clearing weather.
For the South Atlantic and East Gult
States, northwest to northeast winds ana
partly cloudy weather, with possibly light
rain on the coast.
Washington Items.
WASHINGTON, April ia full Cabinet
meeting to-day discussed the situation IN
Arkansas and the Senate finance bill.
There are no positive indications yet as to
what will be the action OF the Executive on
the latter measure.
William G. Benton has been nominated as
postmaster at cambridge, Ga. -.--
Tho Mississippi Overflow.