The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1874-04-06

through the canal and to relieve the river trade OF
this heavy toll the Senate passed o bill providing
for the purchase OF those i've outstanding shares
OF the stock, 30 that the government IN assuming
absolute control OF the canal may reduce the tolls
to q reasonable figure. The House amended this
bill by providing-First, for consenting act from
the Legislature Of Kentucky in reference to the
transfer, but as this provision II adopted, viii de-
lay the transfer for two years-that is, till the
next meeting OF the Kentucky Legislature-the
Western Senators protest against this needless
delay. They will the faith OF existing contracts
carry their point, although heavy appropriation
viii still be required TO secure to the govern
which it has already paid over $5,60O,000. This
Louisville canalI affords another example Of the
neecing to which the government is subjected IA
entering o partner any joint stock corporation.
TIE costs OF the enterprise drawn nom the ma
honal treasury and the profits are pocKeted BY the
other parties
a resolution has been adopted In the House re.
citing the fact that in the last Congress LIE Grand
had been paid to secure the passage Of q Pacific
mail steamship subsidy, and that the House had
directed the Ways and Means Committee to lnves-
tlgate the same and report thereon, but the evil
dence OF said Investigation having been deposited
with the Clerk OF the House, said committee are
te e To- s
resolution b that this being Congress Of rerench
ments, no steamship, telegraph or railroad suDsi.
except upon little private bills this has been SO
far, and promises to be to the end the poorest and
economical admins tration OF John quincy Adams.
Even the bills for the relief Of the widow OF Captain
Hall, OF the P0aris. and OF the survivors OF that
Inflated expedition, hang fire, as the saving OF
the small sums Of money involved were the main
question with this retrenching Congress
THE FRUITS OF SHAM INFRINGEMENT.
But, while the retrenching committees OF the
TWO houses are cutting down army, navy, indian
ana other regular appropriations at ito 70 saving I'm
original estimates, the executive departments are
sending IN unlooked-f0r deficiencies which will
have to be provided Tor. But the deficiencies OF
trenchment OF this session is deluson and .
snare and q mere trick OF buncombe tor election
eering purposes, the savings In some cases result
ing In heavy losses to the government.
NEGRO DEsPOTIsh IN SOUTH CAROLINA.
There is . gathering OF Southern newspaper
editors in Washington In the form OF y conven-
tIon, and q delegation Of the fraternity have
volunteered to walt upon the Judiciary Commit
tee OF the House In opposition to the memOralists
The is very plain There are 400 900 blacks IN
the population OF south Carolina against 30O. 900
whites The whites own the property ana pay the
taxes; but the blacks, having the power levy the
taxes and divide the profits among themselves
and their friends under the dlrecuon OF their
friends, the white carpet-baggers. Thus South
Carolina presents an example OF popular sover-
eighty and despotlsm based ON pop
ular majority-the most interruptions and
the most oppressive to the minority or all
the despolisms on the face Of the earth. And the
worst OF 1t IS that Tor this vicious and reckless
Seon surely be mo
by Congress, for here the plea VI Stale rights will
be held as conclusive.
Ex.President Johnsonis here again, looking after
that little matter OF some seventy thousand dol
lars deposited in the bank OF Cooke Company
when that firm were supposed to be as good as Q
gold mine The ex-President however talks al
freely as ever with his friends on pubic affairs
and gives 1t as his opinion That Congress has beeJ
and still is In Its financial expedients, "sowins
the wind to reap the whlrlwind."