, 1874-04-03
INITIATION AND CONTRACTION.
Special Dtspatch 10 Tho Chicago Tribune.

lNELAT1ON AND CONTRADICTION.
Special Dispatch to Tho Chicago Tribune.
THE DAY III T1IE HOUSE.
WASHINGTON, D. O., April 2.-The strange and
rashcr refreshing spectacle Of Southern Con-
gressman with enough Of common senHo mud
norve to mako speech against initiation was
presented In the House to-day. Tho Hon. Jason
Niles, Of mississippi, is tue individual who las
achiofod this favorable uotoriety. His speech
WIS that OF
PLAIN, PRACTICAL. MAN.
without any very great amount Of culture, and
waB FREQ from tho fanciful embellishments with
which tho would-bo scholarly sock to grace
tlloir arguments. Whom Mr. Niles took tho
floor there was display Of lapguid indifference
MI over tho House, but this soon disappeared un-
der tho influence Of his business wayof putting
practical proposition. Mr. Niles and ex-Goy.
Olymer, Of Pennsylvania, are mado somewhat
conspicuous By the fact TINT thoy have put their
photographed ssatemonsa in the Congress,onaz
Record each In two lineB Of spaee. Tic ordinary
Congressional mind and digntaed eelf-reepoct
ia seldom equal to tho sacrifice involved in such
q remarkable condemnation.
TIE A8rEOT OF TIE FINANCIAL, QUESTION
Becms to be perpotually changing. To-day tho
current is aottiug against imitation; tomorrow
tho wind may voor about again. Tho emphntio
protests that havo been coming In from tho peo-
pie against the action Of tho House in voting to
1ogallze the issue Of tho reHorvo, indicating aB
thoy do tho feeling against expansion is un-
doubtodly having aome effect; but whether that
effect will DO permanent or not remains to be
Been.
N THE SENATE.
In tho Senate there was difference in aomo
particulars from tho scene presented by tho
House during the debate On the finances. There
was pretty full attendance of Senators, and tho
galleries were tolerably we'll filled, No loss than
f1FnY 1T1
voted upon, all of which were rejected except
TINT OF hIerrimon, increasing tho National Bank
circulation s4o00000o. Several sonators who
voted for this proposition explained TINT as 1t WIS
were in tho majority and had control in .ho
Senate. to expand the currency, they thought 1t
bettor to take tho 1ost Of tho several threatened
evils, and adopt tho s4o,ooo,ooo proposition
worse, because, If this should be rojeoted,
TIE FREE-DANKrNa PROPOSITION
for which thia 248, ,000, 900 amendment was Of
fercd 90 aubsttuto, Would quite likely DO
adopted, providing for IN incroaso Of tho
Thb project to transfer or redistribute among
the Western and Southern States 950, 900, 900 OF
National-Dank circulation, which amount it was
excess was B. ofested @ by 20 eeaipst 81 yotos Ill
FnEL1NauuYsEns SUGGESTION,
thRt the surplus Iovenue Of the Government
should be boarded in the Treasury until sutA-
cionL amount had been accumulated to enable
the Secretary Of tho Treasury to begin the re-
demption Of greonbacks, WAS also voted down,
notwithstanding it WAS explained that tho pro-
vision would have no effect for q year or two.
but would probably thereafter avail something.
for It because 1t was m indication Of public pol
icy, and would have tho etfoct Of approaching
our currency.
Ti1Uns1ANs AMENDMENT,
mailing greenbackB receivable in graduated pro-
portions after stipulated amounts, for customs
duties. was lost BY 10 to 27; and tho proposition
Of Morrill, of Vermont, to require National
Danka to provide IN additional s per cent re.
scrvc for redemption Of their circulating notes,
was defeated by about tue nalno majority.
Lato in tho afternoon. .Scuator Anthony moved
that when tho 4onato adjourned, to-day it be to
meet Oh Monday noxs. Tho point Of order was
made that tho motion WIS out of order, where
upon he moved to lay the Financial bill on tho
table for the purpose Of taking tho sense Of tho
tor Morton inslnuated that this was
DODGE 70 CONSUME TIME,-
administering moTo on tho part OF tho minority
to dofeat tho bill undor consideration. Senator
Anthony denied any such motive. Ho said his
Of adJourning over Good Friday; but Morton
nld Logan thought tho desire to pay respect to
those religious holidays was not sufficient e3cuse
for auch great delay to ans important measure,
should bo disposed Of ono way or the other Ut
onco: Tho motion to lay on tho table was car
ried by only one minority, wl1oreupon M oxocu-
tive session agreed to, and attor tra1lsaeting
some executive buBinoss, tie Senate adjourned
till tomorrow. thus killing tho proposition to
adjourn until Monday.
THE FINANCE ELL LIES ON THE TABLE,
however, and it may take oil Of to-inorrow's ses-
sion to get tho lneasnve before tue Senate for
consideration again, for it Is in the power OF tho
opponents to consume the entiro day in debatlnS
tho motion to takonp.
Tile in1ationists will do all they can to cut
Off tobato. but tloir tactics ars limited, aud will
not amount to much it the opnononts Of ipfla-
tion 500 fit to resort to what nre considered as
lllibuHtering measuros. The worst has, howoy-
or. probably boon already dono by tho imitation
iss. and it is possible TINT delay in arriving at
final vote on tho bill will bave 10 good effect
upon tho Senate, although tho adoption OF tile
bill as ameuded is not altogether sure thing
yet.
COMMITTEE WORK.
Special Dispatch to The Chicago Tribune.
WASHINGTON, D. G., April 2-Tho Secretary Of