Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1874-11-12
WASHINGTON.
A Matter Of No Consequence.


Grants Views on National Finance
WASHINGTON, Nov. 1.-THE statemen,
that the Presidents views on financial
questions have been modified since lastl
spring is denied on the highest authority.
Not only has the President not changed his
opinion, but be has freely and repeatedly
expressed TO all persons who have seen
proper to approach him on the subject the
same views contained in his veto message.
1t is equally certain that the Secretary Of
the Treasury has not expressed any views
antagonistic to the opinions Of the Presi-
dent, and his friends confdentially assert
that mis- forthcoming report will strongly
urge upon Congress a return TO specie pay
ment at the earliest possible period.
A Brand-new PORTUGUESE.
Baron Sanianna, the new Portuguese
Minister, was received by the President this
morning, and the usual addresses made.
The Safe COnspirasOrs.
The trial of the alleged safe burglary con-
spiratols was resumed to-day. Davidge
said the defense was particularly anxious to
have +. B. Benson, now in charge of the
Secret Service Department, in court as
witness. a subpoena had been issued for
him, but information had reached here that
the Solicitor of the Treasury had directed
him to remain where he was, in attendance
of the court in Pittsburg Dayidge de-
sired the court TO take such measures as
would compel his attendance here.
The Judge said the Solicitor had proba-
bly, simply directed Benson not to leave
Pittsburg until he had been subpoenaed,
and be directed the necessary telegram to
bring him here Friday, and Mr.. Hill prom
ised to lend his aid In the matter.
SPinner's RePOrt-POIIticaI Economy
The Decrease OF Receipts s35, 900, 900
Greater than the Decrease Of Ex.
Penses.
TreasurerS Spinner's sRnnualstatementshow
that the receipts for the ye2t, ending June
80, 1874, show decrease, compared with the
previous year, in customs, caused by the
panic, of S24 1886, $50, and in internal reve-
nue., occasioned by recent changes in the
law, OfS11, ,335, ,5e9. The expenditures, es-
elusive of those on account of the nusiic
debt, have been Decreased 81 ,S69, ,652. Com
mendable, he says, as This retrenchment is,
it is believed it viii be still greater at the
end of the current yeaS Spinner says the
labor required in mis- office has increased.
The reduction in the number Of female
and the reduction of the salaries
Of those remaining under the act Of Con-
gress al last session, has been a source of
inconvenience to the department, and of
distress to poor widows and children.
The Treasurer asks legislation to restrain
the issue Of circulating notes other than
are authorized by acts OF Congress, making
the same a misdemea.or, punishable by
line or Imprisonment, or both. This evil is
mainly at the South, in some localities of
which almost the only circulating medium
consists of local issues by municipalities
and manufacturing companies.
The National bank Law.
He suggests an amendment to the law,
penalty for Don-payment with |
IN the prescribed term of the amount due |
from any national bank, Of an additional |
sum at the rate Of enc per sent. per month, |
Ipon the amount due and unpaid, the same |
% be retained from the next interest due |
IN its stock held in trust for the redemption |
1f the circulating notes.
As to national bank note redempllcn; he |
kinks no further DELAY viii occur, though |
he redemption agency is still without suf- /
icient help. Notices will soon be sent to 1
he banks advising them Of the amounts
,harged to their redemption fund to reim-
purse the Treasury for the charges for
transportation and cost of asserting notes.
The charges will he in proportion to the
lumber or notes redeemed rather than their
-alue.
Ii Is also recommended that the Comp
roller Of the Currency, with the concur
ence Of the Secretary Of the Treasury, be
to appoint a special agent 10
xamine the affairs of banks negiecting TO
.eep up their per cent. redemption fund
nd on his report, if warranted, to place
ach banks in the hands of a receiver.
Special to the Cincinnati Commercial.
Governor Hendricks,
If Indiana, called on the President to-day,
nd had brief interview with him. JocII-
ir alluSiOns were made 10 the recent elec-
Ons, and the President remarked that it
eemed that the Atlantic on the East and
le Pacific on the West were the only OBJ
acles TO a longer sweep and swell Of the
dal wave. Mr.. Hendricks also called on
ecretaTy Fish, where his pUOd-humOred
latfing was parried hy The significant re-
hinder that the Presidential election of
o7G is just as lar off as that of 1872.
y he Indiana Governor says that he
rdged himself long ago not to be a candi-
a; for United States Senator, and eS-
r-ses a longing for the peaceful pu suit
private life.
T;Ie Committee ON Appropriations.
Special to the Cincinnati Enquirer.
The only feature of interest developed
y the meeting of the committee this
lonth is the idea, which seems to be seri-
usly entertained by some Cf the RepubliA
IN members, 10 anticipate and forestall
le power Of the next House of RepreSen-
ltiyes over the appropriation bills by
laking appropriations for the next two or
lree years in advance. 1t is even proposed
make these appropriations on large
ale, so as to force the Democrats at the
blowing Congress to impose the taxes
ecessary to provide the ways and means.
7ild and absurd as are these projects, they
re favored by some prominent Republi- :
ms, but it is believed that Congress will !
Dt dare to carry them into execution.
A Number Of Curious RumOrs 2
e in circulation to-day, one being that i
Ie members of the Cabinet have signifed j
the President their readiness to resign;
lother that Mr.. James Barbour, of Vir- |
MIA, is to have a Cabinet position. There {
.es not seem to be any real basis for these
ports, but the Cabinet are probably not Z
much a band of brothers as they were .
fore the election. l