, 1876-02-15
Hambletou Is Finally Dropped by
the Democracy as an Unsafe
Investment,
Spetulations as 10 tho Policy oi Tho Senate
dl tlb Consular Dill.
Estimates Of Tariff Reductions Based on
the Morrison Bill.
Tho Senate Passes the Bill Regulating
tho Transportation Of
Live Stock.
THE FINANCE PROBLEM.
ELL. MOI CpUAIT THEMSELVES.

Will NOT CoMAfT THEMSELVES.
specfat Mspateh 10 The Chteado Tribune.
WAsu1xorox. D. C., Feb. 1.-THE fontute Of
tho day In thu HOUSE was tho vo,o upon tho
finance rcaoIution Of Eugono Halo, OF Maine.
THIS resolution MAS slni'ar In character to that
introduced earlier in tho sesson by Mr. Hals,
aud wAs in substance tbs resolution to whict,
Mr.. Blaius spoke. 1t rec!scd Tho present coud-
tsop OF The deprecated currency. see forsh the
character Of unredaemabls paper cutreacy. and
showed that both OF The great parties IN tho
platforms adoptrd Ut their party couyen,
tlous lad declared IN favor Of specie
bo The sense :of tho lIouao lhst
prompt measures should DO taken BY such le9is-
iAtsou as il noeded 10 rcnder eGectual tho policy
IT spssn iso no
enry power 10 accomplish this oh1eot, to tho ona
that d sound and stsoie currency may be pro-
vided for lilo people. THUS resolution received
sc Affirmative sod 139 negative 1otas. swo-th!f5a
belnB necessary for ita passage. 1t cannot be
said abao!uto!y that this was party vote. but
With very few exceptions it. was. Tie hnsa.
money Democrats who voted may claimed tint
thug did DOT wish 70 cosamis .hetaselsea to sn-
definite measures, but tito majority OF tho Deua-
0crsla rotod nay on principle.
oUA oAnTEna acHEME.
Carter Harrison presented to tho honso to-
lAy hla scheme for specie resumption. It cons
6lGt6 GI D Qlll Ill ufc RsELlUHus DEG. pToV!ASb
for tho repeal Of that portion Of tho Resutnp-
tfon Act which fixed Jan. /. 1879 rs tho day for
resumption, aud also repeals SEQ. Of that act.
Sec. directs tho Secretary OF tho Treasury
wh6neyer National Bauk no1eB aro withdrawn
from circulation to ISSUE ID Tho rtaco Of Eholn
amount Of !cgA!-tenlcr notes equal to Tho auionnt
Of national bank noses Withdrawn provided that
the Secretary Of the Treasury ahafl at no tiuo
issuo legal-tender notes uultss at such eimo
tho aggregate nlnount Of snch notes, Including
tho uuredeemed legal-sendcr notos and tho Ma
tional Bank uotas, shnll bo tasa than tho aggro-
g.te amount Of legal.tcndet notes rhlch were
redeomod and tho National Bank notes which
wcrs in circulation Jan. ID, 1876.
Sec. 8 provides that tho National DankH shall
DO required 20 rstatn az part Of shctf reserve all
tho gold received by them as interest on bonda
deposited 10 dccu1e circulation, until tho amount
Of gold 90 retained shaf! bo equal to one-th!sl
OF the circulation; tho gold 40 retained shall Abe
for tho security OF circulation aud deposits.
Sec. provides that tho Secretary OF the
Treasury shall retain Ia The Sub-TreaRury from
tue gold received from customs $4,000, 600
annually until the amount equals one'thisd tho
amount Of legal.tender notes at such timo nn-
redeemed, and rrovides that this gold shall DO
! taken from the sinking fund.
Sec. provides that when tho gold tn tho
| Treasury equals one-th!rd Of tho amount OF
| (eeal.tcndef notoB unrodeemed. the gecrethry Of
| tho Treasury aha1t tednem fegaE-tender notes to
! Tho amount Of $4,000, 900 annually. using tho
| gold customs duties to be set aside for the
HiukIuR fund,