Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1875-10-16
EASTERN .OISPATC HE'S
BY Overland Telegraph.
The Financial Observation-Disclosures
Policy Oi tine Democratic Con.
KresS - lhs National lOnvem.
tom.

CHICAGO, Oct. IA.
A Washington special "a Az. onE
the important questions bound to occu
by 4 considerable share Oft attention
OF the Democratic House Of Repre>en
tatives is the sta u of the National
Banks. An examination of the Ofi
cial record of Congress since The wal
shows in the last 10 years that a re-
markabiy small proportion OF Demo-
ratio votes has been east on any que,-
ton affecting the currency which. could
Ivy Implication ever be considered a.
favO ing the National Banks in any re-
Sp"ct, and there is scarcely \ leading
Democratic politician in or out OF Con
yre>S who has not taken the occasion
when offered to denounce the Natlnnai
Banks rs a monopoly. Such me A.
Senator Bayard have never remi ted in
their efforts to remove the restrictions
IN STA g banks. This opposition to the
National banks system does not III.
vO. We at all the question Of infla! ion,
for on it both hard aud soft money
Democrats are Very g%enarally united.
1t is expected before many weeks OF
he next session have passed that an
onslaught in the National banks will
be actively inaugurated in the iIous-,
and the best informed politicians here
expect to see opposition to National
hanks made a leading feature OF the
National Democratic Congress. What
ever adverse action to the banks may
be taken would, AS 4 matter Of course,
be entirely imperative while a keput-
lean President and a Republican Sen
ale remain in power. In addition IT,
this it is not certain, ever if the Demo
crate had Qntira nnSsaSSlnn nf fha
Government, whether they would
agree on the details oil Legislation %
cerning finance. which would have to
follow necessarily \ wiping ont If the
present system. The soft money DEM
Ocrats have always pressed for the sub
stitution OF greent acks for National
tank notes, and tho hard money Dem
ocrats are willing to compel the banks
to withdraw their notes, but they are
inflexibly opposed to any further issue
Of greenbacks. So far Ms taking away
the privilege Of issuing notes IS cor
cerned, 1t Is a question whether the
banks will care very much about it;
but the rag ln"ney people will hold OH
tn the hank notes ii thew "a not re,
greenbacks for them. The great prob
ability il therefore that the National
banks will, even in the ven of an en-
tire Democratic success, not be inter
tered with, at least for q long time ~
come. They do not appear to lie salts
fed with this, hut show evident alarm
by the decided manner in which their
influence and money are ALWAYS ar
layed against Democratic candidates a.
much in the East As in the West. II
the bank circulation were entirely
Withdrawn the whole labor of resump-
ton would fall on the Government.
story Deuled. .
New YORK, Oct. IA.
Gen. Geo. II. Sharpe, Surveyor OF
Customs for this port, cOrrects a state
nent recently published to the effect
that on the occasion OF the late return
Of Secretary Bristow's family from Eu-
r ,pe, Is Ut their trunks were taken of
OF tho steamer ut a point down the bay
by a venue cutter and brought di-
rec;ly to New York and landed without
l eing subject to examination. The
surveyor avs the revenue cutter did
not take any person or any article of
baggage from the steamer, and no bag