The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1875-01-26
FROM WASHINGTON.
Especial dispatch TO the Baltimore SUM-
FINANCE AND TAXATION.

w ASH{NGTOk, 0aDuaTS IT. AHS Sotutii3LtSC
on Finance has had considerable Informal
discussion over the recent message OF the
President suggesting additional LEGISLATION
to bring about specie resumption. The SEN
timent Of the committee is understood to be
iect. Members Of the committee gtEe as q
reason for this that the bill signed by the
President, aud now law, gives ample pow,
ers to accomplish the end in view, and that
it's not advisable TO undertake to enact any.
bin OF more radical character. They say
that they are perfectly willing to accede TO
the recommendation Of the President to in
crease taxation, but they willsof course, take
no formal action to that effect In advance of
the action Of the House. Notwithstanding
the opposition of the House Republicans to
leyying new taxes at this session, 1t is now
assured that it will be almost impossible to
avoid It. The declining condition Of the
Treasury Is made more apparent every day.
The receipts are still falling of. The Secre'
tary of the Treasury stopped
THE GOLD SALES ...
entirely for the very good reason that he had
no gold to sell. On the first Of this month
the nominal amount of coin in the treasury
was about eighty-two and half million dol
lars. The actual amount Of available coin
was between seven and eight million dollars.
1t is no wonder the Secretary discontinued
selling gold. But the currency receipts, &C
coriing to the Secretary's estimates, for the
fiscal year, fall over fifty million below the
currency expenses. The actual receipts
make this discrepancy considerably greater.
Therefore it will be an imperative necessity
to provide for additional revenue. 1t is toll
erably certain that the duty on
TEA AND COFFEE
will be restored, and in anticipation OF this
it is ascertsined here that spectators in Bes-
ton, New York, and Baltimore have already
commenced the boarding Of these two arti.
Giles and are making all haste to bring in
flesh cargoes before the imposition Of the
duty takes effect. If, as estimated, the re.
enactment of the duty on tea and coffee adds
twenty millions dollars yearly to the coin
receipts of the treasury, the addition cannot
be ca culated upon for this fiscal year, as the
speculators will have sufficient stock on
band to supply all demands tor six months
to come. The repeal of the ten per cent.
tariff reduction of 1872 cannot, under the
most favorable circumstances, add more than
| three or four million dollars to the customs
receipts for this fiscal year. Therefore, the
deficiency will have to be almost altogether
made up from internal taxation. The Com.
mittee on Ways and Means, when it gets
| through with its investigations, will have
this difficult subject to dispose OF. The Sec
rotary is said to be willing to take thirty
| five million
ADDITIONAL TAXATION,
but as stated before, according to his own
estimates, which experience has shown to
have been too favorable, will not be sutfl-
Gent.
THE HOUSE REPUBLICAN CAUCUS.
WASHINGTON, January 24.-Tbe caucus of
the Republican members of the House last
night was more slmly attended than on
Friday night, and in view Of the dissensons
among the members aud the lack OF anything
like upanimity, it is not at all surprising that
the members want to keep everything as
quiet as possible. In fact, the proceedings oil
last night, as we'll as of Friday night, were
indicative Of complete generalization. As
soon as the caucus was called to order MIR.
White, of Alabama, offered his bill to
AMEND THE ENFORCEMENT ACT.
1t provides among other things for the ap.
pointment by United States Circuit Judges
OF supervisors of election in all of the cleo
ton precincts Of the South, the said super
vsors to be compensated by the United
States. The penalties for interference ia elec-
tons are very stringent. The caucus was not
unanimous on this bill, but it was agreed
that Dir. White should, however, be author
lied 20 report 1t. A resolution was then Of
fered to epdeavor to so amend the rules as to
prevent more than one diatory motion upon
any question. This is one of General But
ler's schemes. The caucus would not agree
that either Of the above measures should be
reported until after they had adopted reso-
luton declaring that the action Of the caucus
was not to be considered binding upon any
individual member. So that practically the
action of the caucus amounts to nothing.
Mr.. Hurlbut, of Illinois, made very
lNFLAAhAToRY SPEECH,
in the course Of which be denounced the
white people of Alabama and Mississippi,
and intimated that the committee sent to
New Orleans had not performed its duty. He
| also advocated the use Of troops at all points
| in the South, the said use to be discretionary
with the President. General Butler en-
dorsed all that MIR. Hurbut said, and added
that nothing could be done in the House
until the rules were amended as indicated Ivy
the resolution given above. At the same
lime he insisted that there should be some
action on the civil-righLS bill, and urged the
Republicans to help him to get it up.
! BUTLER SET BACK LITTLE.
1t may b. stated in this connection that
| General Butler made like speech at the
Friday night caucus, when Dir. j. Amber
Smith, Of Virginia, opposed all he said with
reference to the civil-rights bill, and said that
| if that bill were forced upon the people, and
the Administration continued 10 use troops
| in the South, that year hence the number
of native white Republicans in the South
could be counted on the fingers and toes of
members. Butler subsequently wentto MIR.
Smith privately and said if he would rally
his friends and assist in putting through MS
diatory-motion resolution that he would not
press the civil.rghts bill except in very
modified form. Mr. Smith replied by enter
ing q further protest against the use OF mill
tary in the South.
ANOTHER PROTEST AGAINST TROOPS.
Mr.. Foster, of Ohio, replied to the re-
marks of Mr.. HurIbut, and while defending
the action of the New Orleans sub-commit.
tee, he, too, entered solemn protest against
the further EN- loyment Of troops.
The roteon Mr.. Whites bill last night was
very scattering, and the indications are that
there will be nothing like unanimity when
either of the above questions comes up IN
the House. 1t is expected that there will be
a good deal of lodging on all the questions,
but the
MODERATE REPUBLICANS,
like Messrs. Smith and Thomas, of Virginia
Lowndes, of Maryland; Foster, of Ohio;
Phelps, Of New Jersey aud even Mr.. Bull
fnpton of Massachusetts, will vote soiidly