The Rutland daily globe. [volume] (Rutland, Vt.) 1873-1877, 1874-12-11
EaOsssc.


explanati IN in the house Of representatives
to-day, denying the truth Of the allegations
made against him yesterday by j. p.
Brady, that he had sold naval cadetship
for a thousand dollars, and he demanded an
investigation Ills request was granted by
the house, and the naval committee were
instructed to investigate the case, with au-
thoriiy to send for persons and papers.
a resolution calling for report upon
the condition of the Freedman's bank was
agreed to-
Among the bills introduced and referred
were Mr.. Ducll of New York, author
izing the postmaster general to contract for
carrying the mails from New York TO tue
republics of Venezuela, Columbia and
llayt, and TO the islands of Jamaica,
Trinidad and Martinique. Mr.. McDougall
of New York, 10 reduce and fix the adju
tant generals department.
Mr. Willard Of Vermont, from the COM
mittee on foreign affairs, reported bill re-
pcaling the third section of the last diplo-
matte appropriation by him, and it was
passed. The repealed section forbids con-
sular officers to grant certificates for goods
or merchandise shipped from countries adj
iaccnt to the United States, which have
passed the consulate after purchase for
shipment.
At 1;40 the house went into committee
of the whole and resumed the considera.
ton of the 3-Gj convertible bond bill.
Mr.. Dawes opened the debate and spoke of
the present condition of things as being
| fraught with evil, and said that the pa
,ience of the people was well nigh exhaust
ed The effort of the pending bill, how
ever, was to perpctuate the present condi-
| ton Of things as toits mony saving interest
to the government, he proceeded to dem.
onstrate that it would increase the burden
of interest to the government. lie also
argued that inasmuch as frye per cent.
thirty years bonds payable in gold, is now
worth only par In the market 3.65 thirty
year gold bonds would be worth only 81
per cent. and if payable in currency would
be worth ten per cent. less. lie character
lied Mr. Kelley's ideas as the snblimest
strength Of financial imagination and the
lofiest flight of political economy, that
had ever been sent abroad on the air from
the house and suggested that no holder of
5 and per cent gold bonds was going to
be fool enough to change them for 3-Gj
| per cent currency bonds. AS to his col
leagc's opinion, that it took four bushels
of corn to transport one bushel from Iowa
to The Atlantic scaboard, he, Dawes. had
referred TO the price current and found
that corn in Chicago cost seventy five
cents bushel and that the transportation
from Chicago to the scaboard was only
twenty to twenty-five cents bushel.
Mr.. Dawes continued replying to Buffers
speech of Tuesday, and concluded as fol-
lows; "Those who are responsible for public
affairs have no time to lose. We can put
off our duty in the premises no longer.
The republican party has just three months
to save or destroy its existence. No other
power than itself can accomplish its ruin.
1t will pass out of mind memory in the
politics of this country, if at all, by its own
hands. 1t has the power as well as privilege
Of accomplishing either of these results.
| Whatever in the near future awaits that
party, let it not die for want of courage
VIM. Walter Phelps also spoke against
| the measure.
Mr.. Smith of New York declared him.
self opposed to all inaation, and in favor
OF the resumption of specie payment by
the government at the rlicst moment pos
sibe without serious disaster and opposed
to an expansion of currency. There were
some features in the pending measure
which impressed him favorably, but there
were very grave objections to it. There
was illmitable expansion in it, because
these bonds of small denomination would
circulate as currency. In order to guard
against that he would move to amend the
bill by making the lowest denomination of
bond at 81 900.
At the close of Smiths remarks the COM
mlttee rose without action on the bill.
On motion of Mr.. Tyner of Indiana the
senate amendment to the bill approprating
$50, 900 for scales required in carrying out
the law for the prepayment of newspaper:
was concurred in, and the bill passed
Mr. Garfield of Ohio made an effort tc
have an adjournment until Monday next
but several votes showed a majority of the
house against it, Mr.. Butler remarking tha
Mr.. Gariields object was to prevent legis
ation on other subjects than appropriation
bills.
An effort to have to-morrows session Sc
apart for debate only, was also successful
ly resisted.
The speaker announced the followin!
appointments TO fill vacancies on commit
tees:
On the Arkansas affairs, Mr. Scudder o
New York.
On civil service reform, Mr.. Chittehdel
of New York
On centennial, Mr.. Schell of New York
The speaker also announced that by op
peratton of the rule, MIR. Harmer of Penn
sylvania, succeeded to the craftsmanship o
the committee on the District of Columbi,
instead of Mr.. Hale of New York, re
signed. Adjourned.
-----------------