New-York tribune., 1876-03-11

100000. and that thesO great fluctuations Withn 20
snort q time require explanation, and ustructng tho
Committee on WAYS aud Means to examine the books Ot
the lr,asur il pnd the officers thereof TO as
tender notes received for the redemption of National
bank notes Kept as special fund or Tethel t9ey
arr held in win other money Referred 10 the
Committee OIL Ways and Means.
srEECEEs ON FINANCE.
The House then, 1855, went into Committee % the
Whole Mr. cox dem, y. " In the chair, on the Legs
Iatiye and Judicial Appropriation bill
Mr. PHILLIPS (Rep.. Kan) and Mr. HOSkihS tRep,
" - addressed the House tho general subject OF
finance and currency.
Mr. WILLIS Uio, \. " compared the course Of the
parte. in h, the several appropriation bills
thus TAR reported He held the Republican responsible for
tho present disasters which have hat the effect oi DC
pressing tue shilbudng and other industrial interests
aud charged them with treating the south
with injustice, instead Of encouraging that section
10 recover from the effects or the late war.
He asslilcd the financial position of Mr. Blaine who,
wa L. assuming attack the Democrats, does not sus
,rst any remedy Whatever. He addressed himself 10
wnat deied the real remedy, taxing the ground
that greenbacks are forced loan, whch the Govern
mrn ought pay AZ the earliest practicable moment IN
goid or tine equivalent would be "a funding IN 4 per
bonds. He said law Tor the latter purpose NoWd
appreciate all tue outstanding currency anu re-
move the evil OF boarding money, which Is so
prolific of the most disastrous chcct iheLe suoud pt
res Grafton of National credit, and the Government
should abandon tne business of banking ana remit 10
tue people ana the banks the question OF re1ui n
Tho circulation should he lett 10 the law OI supply ana
demand The only relation the ioyerhneht ,noua sS,9
tain 10 banking should d. TO stcure tneSo ute me,
First uniformity second conyertiD'hty INTO coin ana
ANY other remedy involves delay, and possibly an in
creased fever for greenbdcss IN regard Oi al cOnsderd
zion Of morality ana sound POilcy' ,
Mr. IIO,KINS (Rrp. y. ~ also addressed the Commit
tee on the financial question.
The Committee rose without action.
MR.. BAss's PERSONAL EXPLANA1ION.
Mr BASS CRep, y. y, q member Of the Committee on
Expenditures I'm the War Department, made pcrsoua
explanation in reference to nsnuaons conveyed IN two
OF the speeches OF his colleague the Committee tir
Blackburn, Dem. Ky that the Republican members ~
tuat Committee had taken no part IN the Belk'p Nel-
cation until the proof ali IN. signed and sealed lie
showed that notice Whatever had been given 20 the
Republican members Of the COlnmlttee uhtu amer the
testimony OF Air Marsh had been taken. Although the
mccting al whch Mr.. Marsh testified held
there was evidence that be had been before
the Committae ON the previous day, Mohldy'
tee had not been advised OF that Mondays meeting lie
spoke ot Dr. TOninson, whose mission to Washington
messenger between Marsh and the Committee. n was
after such proceedings as those mat the House
tnrsl that certan members OF the Committee had not
crossed the threshold OF the Conlnittee-Iooin ug'
II they he'd not, there was, therefore;
the greater why they should have been informed
Commttee showed that there nd been only meet
tn mn o tie time OF this inyestigstiOn Kvycrtir;
Ts' ~ pborgc ~ the witness Mr. Marsh he dss,fed
distinctly and unUquyocally 20 the statement OF Mr
Blackburn that tue witness rad been discharged WIN the
knowledge of the entire Committee. one Of the
Republican members OF the Committee tmean-
ing HIMSELF had strenuousy opposed the DIS,
wuy; hut the witness had been discharged nc $50
o'clock tnat same day The objections mad been made IN
the presence o the Committee atone atrr O'Clock of
that day, when the resignation OF secretary br,h-
nap had been notified TO the Committee. Ihe
two subjects had been the matter of dl-cass.oh.
The rea which he had stated against he discharge o
Mr. Marsh were that Mr. Marsh the sole witness IN
the case, aud that his testimony was uncoIroDoIated'
and IL the Secretary of War should be witness Oe
fore the Committee ana should contradict the te-lnohb
IL would be necessary 10 recall Mr. Marsh ana lurthrI
that the safety OF the Committee egrdlng lts own repi-
taton would not allow the discharge OF the witness
pending those proceedings The discussion 0t tns ~
lasted several minutes. Then single question was put
10 the witness by Mr.. Bair counsel for Mr. BelknaP
tba gitness having been called for that purpose,
and thereupon without any question having been
asEed OF any member OF the Committee, ana on
fhe soin request OF the witness, he was dis-
charged by the Chairman The witness then stated tlat
he desired leave for New-York on the one coo h,
him and get his fees aud said no had not tue 10 get
them before the train ef' he would sena them % 70 he