Mineral Point tribune. (Mineral Point, Wis.) 1869-1938, 1874-05-07
POLITICAL.

The Anti-Monopolists of iowa have issued
4 call for State Convention to be held at Des
MONIES on the oath of June. The call states
that all persons whose political views are in
accordance with the principles announced at
the convention held in Des Moines on the 25th
day of February last are cordially invited to
join in sending delegates to the convention.
The ratio for representation will be ore dele
gate to each county, and in addition thereto
one delegate for every $50 votes and fraction
thereof over 100 cast for Hon. j. q. Vale for
Governor.
The Ohio Constitutional Convention has de-
cided to submit an article relating to
License" or mo license to a separate vote
of the people. If License" prevail, the
Constitution will provide that license to traffic
in intoxicating liquors may be granted, but
the section shall not be SO construed as to
prevent the Legislature from making laws to
restrain and regulate sales and to compensate
for injuries arising therefrom. IL "No IL
cence" prevail, the Legislature will have
power to prohibit the sale by whatever penal
ties may be deemed appropriate.
The following dispatch from Washington
was received in New York on the 30th ult.:
Allusion having been made to President Grant
about compromise finance measure that would
be acceptable to both sides, the President replied
that he did not know what force was intended to
apply 10 the term compromise, unless 1t was an
agreement to carry out the pledges OF the country
That might be considered a compromise by those
who originally defeated every proposition offered
during the discussion in Congress, and by SO agree
ing he has reason to believe that such legislation
would meet with his approval. II has been salo
| at n q
to support any measure that Congress might declae
upon. He did not intend such construction TO be
Put upon his language. If he had not made himself
understood, his rcrJ recent message would clear
up anything like ambiguity, one thing that nc
had endcAyored 10 make plain during MS ADMINS
tration has been that he was for carrying ON the
solemn pledges of the Government at the earliest
day possible, and reach specie basis, Inc es,
tAblishment Of our currency on gold ana silver had
been uppermost in his mind whenever he sent 70
| Congress his annual messages. He mad not salu
what kind of bill he would approve, II was his
earnest hope that Congress would dispose OF the
I question The redistribution of S2a,uoOOUu or
banking currency with s2VO0oVO on notes oeions
Ing 10 broken banks and banks in liquidation OF
the south and West, ought 10 furnish Tor the
present all that was asked FOR. and ne hau heSn as
sured, since the veto Of the Finance Dill thal New
England banks were anxious 20 reduce their clrcu-
latiou iuas,nuCh rs the bonds now held LOT clrtu-
ladon would be released and furnish them WIN a
larucr currency capital for loan than they now nave
While oar securities were worth IN legal leliGers
sixtren and seventeen cents above par, and Ma.
Honal Banking notes were bound 10 DC secured
ungrr existing law at so much sacrifice To banking
capital he did not wonder that the New England
hanks were anxious to cared their notes and get
their bonds In fact, TIL suggestion came To MN
early last fall during the stringency IN the money
market and he thought it worth calling the atLen-
tun OF Congress 10 in his lasl message; olct itth
b had heard nothing to change his opinion on this
point.
By the provisions Of the Louisville X Fort
land Canal bill passed by Congress ne canal
becomes the property Of the United states
subject to lien established by mortgage IN
the future only such tolls arc to be charged