New-York tribune., 1876-03-24
GROUNDING ARMS ON FINANCE.

can be framed which will a verdict of guilty
GROUNDING ARMS ON FINANCE
A oomyG CONFERENCE BETWEEN THE BEST MEN
OF Roth PARTIEs-THE LEADERS IN CONGRESS
ANXIOUS TO TAKE TIE CURRENCY QUESTION
oUr or POLITICS.
lBY TELEGRAPH TO The TRIBUSE)
WAsHINGToN, March 23.-NOw that the leaders of
both parties in the House of Representatives are
fully convinced that neither, without the aid Of
the other can pass a currency bin of any kind
which will either bring relief to the plosrate busl-
ness of the country tend to restore lost confidence
strengthen either party with the people or remove
the vexed question from politics during the coming
Presidential campaign, strongerdlspostloh thap mas
ever before been manifested is now shown to make
one earnest honest effort TO take the question out
of politics. and to unite the best men on both SIDES
of the House in support of simple but effective
measure. The leaders in such movement are very
naturally and properly such Liberal Republicans as
Prof Seelye Mr. Chttenden, and Mr. Wills Ihey
have very little interest, and take no part III the
petty partisan strife which occupies so much of the
time OF those holding less independent positions
and their prominent connection with any move
nent of this kind is less likely TO excite jealousy
and party feeling than if it was champcned by the
recognized leaders of either party.
The plan thew have suggested is very simple one.
II is to reenact the law allowing the holders of
United States notes. in sums of $50 or any multiple
thereof TO fund them at their own option into gold
bond bearing interest at the rate Of four per cent
and PAYABLE after thirty or forty years. All notes
thus funded the bill VIII provide shall he Cancelled
and destroyed and shall never be relssued. Ii has
not been determined whether this proposition shall
be accompanied with the repeal OF any part OF the
resumption act Of $50 not, but ii is probable that
if would be likely 70 receive support in the
House if coupled with repeal OF that clause OF the
act fixing January 1, 1879. the time of rcsrmp-
ton. no g. eat objection would be made to such
proposition.
The Democratic leaders 20 whom this plan has
been submitted have shown very commendabie
dlspos ton 10 treat the subject In a non-partsan
spirit Speaker Kerr is understood TO have promised
it his support aud Mr.. MorrIson has eXpres cd HIM
self a. much pleased with the plan. Af.er so1le cog
slltation with representative peI or has SIDE OF the
House, hc has come to the conclusion that bill
eontsining the features indicated would receive az
least 60 Democratic votes. II the Republican party
could be rallied to general support OF IL 1t could be
passed.
IN order 10 promote such harmony as every one
now admits is necessary to seonre the passage Of any
desirable measure all citing the Currency, n meeting
OF some of the most influential nen of both parties
with leading Liberal Republicans, will De held
within sfcw days. Those who have taken the most
interest in the movement rope at that time to arrive
at an understanding which will result in the accom-
plishment of that which neither party can DO alone
HOW A MAIL CONTRACTOR SPENT $4,000
MR. BARLOW PAYS LIB RALLY To HUSH rNvFsrlGA-
TIoH AND SAW HIS LARGE rRoI'EEtr-JEK =
MIAn BLACK AND OTHER NOTED NAMEs AMoNO
TIE BENEFICIARiEs.
IBY TELEGRAPH TO TIE 1PlBuSE.I
WAsuiNGT0S, March 23.-Ihe Post-O1ice inresti-
CATION was continued W the examination of Mchlb-
ben who mas appeared in aud about Washington II.
various CAPACITIES as mail contractor, iisigat0r OF
Investigations and parliamentary agent. Ills tesii'
mony mas been characterized by zeal to lljufe the
Post-OHicr Deparilleat bat the mann facts thus
far to the extent that they do moi reflect dlscredt
upon Democrats. arc susceptible If explanation.
The drift If the testimony Of the last week Is L"
show that about $4,000 expended D. Mr.
Barlow the great mail contractor, for corrupt pr-
poses. That money was disposed of about AZ fol-
lows, for Of its disbursement no denial l. ude: 10
the FarIar and McKibben combination $4,000;
McXibben personally, $4,000: Wilson, legitimate
attorney fees, $4,000; Hood useful about Depart
ments. So, 900; Morgan l.. smith, "A loan. S.o,OOo:
buying bids, $4,000; Jeremiah Black. McRioben,
and Pasehal additional counsel fees $1,000; total,
el38,OO0.
OF the above sum $4,000 was ronsesFed'y pad 70
suppress an investigation in 1872. Yet hchibbeh
to-day testified that he gave the Of witnesses