The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-04-13
NEW YORK HERALD THURSDAY APRIL ls l87e-rRPLE

Williams, OF New York; z. G. spauding, Of Buffalo;
William H. Engiish Of Indianapolis; Charles b. Hall,
Of Boston; d. ). Falls. OF Cincinnati; r. c. Calhoun
and George =. Baker or New York; f. b. Jufson and
Andrew q. White OF SYRACUSE s. Norris, OF Baiti-
more, and y. u. LOOMS. OF New London. The hrst
I'VE named gentlemen addressed the committee on the
subject Of reduction Of tho government tax on deposits
OF banks The points OF the argument they submitted
were follows:-
The taxation OF war times st imposed on the banks.
while taxation all other business was removed
years ago. The banks feeling the burden OF taxa
ton heavily on account Of the several reasons 81 the
panic OF 1873 the prosiration OF business, the SHRINK
age OF values OF stocks OF goods and Of almost all KINDS
ofpropcrty; the large number OF failures all oser the
country, enaiing heavy Losses upon the banks, aud
tho loss OF interest by the banks in being CON-
PEELED TO keep twenty-five per cent OF all deposits
locked up without interest.
The committee went suggest that n the bank
acts amended asked for the banks would still
have to pay on circulation 49, 0O0,0o moro or less
Bank franchises under tho present burden OF taxation
imposed by the federal government and the States are
getting TO be OF little value About GOO banks had vol
UNFAIRLY wound up or mad deposited equivalent legal
tenders for the purpose OF retiring their circulation
will DO that the commlttcc's views OF the ma
tionai banking business not what tho public In
general entertain OF IL
SENATOR CAMERON ON THE REPUBLICAN CAM
DIDATKs FOR THE PRESIDENTIAL NOMINAL
T1os-PENNsyLvANIA FOR HARTRANFr IN
EARNEsT-A GENERAL GOOD YRxLISG TOWARD
EVERYBODY EXCEPT GRANT.
Senator Cameron, who has just returned from Penn
sylvana where he has been looking the political
field, in conversation to-day expressed himself sonc-
what guardcdy the subject or the candidacy for the
next Presidency He said that OF his State was
for Hartranft solid, and that tins sincere and
positive expression OF the political feeling of Pennsy
vania as was manifested in tho unequivoca insruc-
tions given her delegates the National Convcn
tion. HartranN, he added, was very shrewd, eau
tous and sensible man; having made mistakes, he
had given great satisfaction to the people Of PcnnsyI
vania, and, added Mr.. Cameron in positive terms,
I am OF course, therefore, for Hartranft But IL Is
wonderful how much strength Senator Conklng has
been developing within the last lew days, and does
Governor Morton display strong evidences OF
hearty support. Ike Morton very much nc
has stood up SO handsomely and done
my people, of course Senator Conkling Will make Nh
excellent President and II he has the support OF
President Grant and tho White House influence, OF
course it will give him good, strong Start But am
satisfied that Conklng has yet fully and uncquivo
caly secured the intuencc OF President Grant ], OF
course, expect nothing OF Grant, hc has behaved 50
badly to my State and acted SO indnerenty In my own
relations with him.
y 4 Blaine hos some friends also in Pennsylvania
w. are about equally divided between him and Mr.,
BAsa nut am Tor General Hartranit and as he Is
t~ 100 OF my state and her people am bound to
suss sim.
RI over tho Geld, then. of general political
n sich discussed and commented on in
G. ndN With your correspondent, the aged states
ma slSd freely. Senator Cameron is quito alive to
the mn N the various candidates and being In ex
cellon. <9sa, weighing forty pounds more than he
d., win undoubtedly take lively part IN the
pendi- ..usass for the selection OF a nominee.
THE s. gr. MoBILIER CAsE-THE INTERESTS
OF TH-: GovzRNMENT TO BE LOOKED AFTER.
The Cred obilier matter Is to be revived and an
effort will b. ascertain and the interests
OF the govern 1T in It's infcrential claim against the
Union Pacific -4slway Company. resolution to this
effect on'c.Su to-day by Mr. Hoar, the Judiciary
Committee, OF which he is a member, being IN
structcd advise what action necessary in this
direction well report whether the charter Of
the road has not been forfeited Some proceedings in
the Credit Mobilier SUIT on the part Of the United
taken in OF the courts OF New Haven
year two ago. but the case appears to have been
dropped gone to sleep Mr. Hoar's resolution will
give the democratic House chance prosecu-
ton Of this suit to conclusion OF some Sort
TIE RECEPTION OF THE EMPEROR OF BRAZIL.
AS Dom Pedro, Emperor Of Brazil has positively de-
ciined any public reception in his honor
on MS uTriVAl III
cided TO mako demonstration beyond mere recog.
milton of his rank and presence. Tho Secretary OF
State tho Secretary Of War and tho Secretary Of the
Navy will 60 New York and await his ARRIVAL After
he has rested fcw days they will return with HIS Ma
jcsty special train composed OF tho finest drawing
room coaches on the Continent The only ovation
70 be rendered him here will be dinner, given by the
President, at the White House.
THE HospIrALIrIEs OF THE NATION TO THE
PRESIDENT OF PERU.
resolution was introduced In the House TO day
and referred to the Committee Foreign Affairs to
consider tho proper for receiving and enter
tanning the President OF Peru his visit to these
shores. General Banks says that he has conversed
with several leading democrats to-day about tho mat
ter and no nnds that hoy are inclined to be liberal,
and he has no doubt that Congress will authorize tho
committee to use the funds necessary TO pay the ex
pcnscs Of extending the hosptates OF the government
to both its distinguished guests
LECTURE on THE CURRENCY QUESTION.
President Andrew D. White, OF Cornell University,
lcctured tonight at Willard Hall on the currency
question, TO u very select audience.