The New York herald., 1876-02-22
FROM OUR REGULAR CORRESPONDENT.

impression prevails however, that Cincinnati will be
agreed upon In the canvassing made to-day strong
feeling was discovered In favor OF holding at Boston
Tho committee will meet tomorrow. Il seems to be
pretty generally understood that the time Of meeting
will be fixed to take place after the Republican Con-
vention has been held and an opportunity given the
democrats ascertain the substance Of their platform
and to prepare declarations and steps to strongly
tagonize IT, sy-..ss. -.
Mr. Prince Of Boston, the secretary of
the committee, regrets the probability Of this and is in
favor OF holding the Convention at the earliest moment
practicable without waiting and of taking the aggres
sive with the simple watchword OF Reform" without
allowing the party be betrayed into the discussion
or distracting consideration of outside issues upon
which the various elements Of the party relate to
section may be- has been found unaerably divided
and any fresh agitation Of the questions Of finance,
free trade and kindred leading political top.
les is not looked upon as advisable.
The Southern democrats are inclined to think that
Philadelphia would be the best place to hold the DEM
ocrac Convention. The suggestion about Boston came
from such men Lamar of Mississippi who believed il
would be q recprocation Of the recent good feeling
shown Che people Of Boston 60 there and cement
the union OF North and South with the National Con-
ventfon.
During the course Of the evening an informal meet
ing conference was held at the Democratic Cam
paign Headquarters 10 arrange q programme for to-
morrow The committee viii meet in the forenoon at
Wizards Hall on street, and give hearing to the
several delegations representing St Louis and contest
ing citiea 1t is generally acknowledged that the
question OF candidacy Of any particular person is not
involved IN the place selected for the Of the
Convention After these delegations have been heard
the committee win 60 into executive session to choose
the place. The impression gains ground that the
choice lies between 81 Louis and Cincinnati During
the conference tonight strong feeling was developed
IN OF holding the Convention in advance Of the
Republican Convention ana early the 10th Of
Nay. Otherwise the date generally mentioned
the 9th OF juno.
THE cHAsM BETWEEN THE HARD AND SOFT
MONEY DEMocRArs-A REaaLrE-os THAT MR.
HOLMAN WAS NOT ALLOWED TO OFFER.
The gap between the hard and the soft money demo-
Gratis has widened again. and the breach, which last
night looked If about 10 close up seems tonight as
yawning ever. The caucus committee was in session
again to-day and It's deliberations attended by
the display OF good deal Of warm feeling The debate
At times sharp, especially between MT. Morrison,
leader Of the House, hard money man. and Mr.. Hol-
man, OF Indiana an uncompromising innationst Il
80 happens that the Indiana Democratic Convention
early day and Mr.. Holman believes that
the party In Indiana is at heart for in1ation and
he is among the candidates for the Domina-
ton for Governor ne will not back down
from his principles although the committee has la
bored and wrestlcd with him sinner has ever
been wrested with In class meeting consequence
the committee s stin unable to present a unanimous
report 70 the caucus the subject Of financial poi
ICY and the Is likely to be further prorogued
Mr.. Morrison was in earnest debate with Mr.
Holman during the subsequent session Of the House
and little excitement and considerable fun
ated on the floor when he discovered that Mr. Holman
had resolution 10 offer for the repeal OF the Resump-
tion act which he (Homan) was trying to get in at
the nrst opportunity od edpitaadam for the ap-
preaching Indiana State Convention To head this
project on gave Mr. Morrison lots Of work the rest
Of the day, and the two men wete jumping up to-
gether every time there q lull a break in the
closing business Of the afternoon Fortunately Mr
Cox was in the chair, and he had blind eye for Mr.
Holman, whose resolution was thus put in chancery
and not given ventilation.
Eventually, when Mr.. Springer had finished his ex-
panation under the question of privilege and when
Mr. Holman about burst all restraint fling his
resolution on the House, MI Morrison gave the signal
and the House adjourned nstantar AS the resolution
is paper which the world would not willingly let die
II s here reproduced for the benefit Of the public and
history
Resolved, That in the Judgment Of this House the
provisions of the act entitled can provide for
IA 1875, which authorised tho Secretary OF the
Treasury to redeem and cancel fractional currency and
United States notes. and to issue and sell United States
bonds for the accomplishment Of that purpose ought
70 be repealed
THE AvRArRs OF THE FRKEDMAN's BANK-PRoB-
mo THE MYsTERns OF THE FREEDMES's BU-
REAU.
the Freedmans Bank called upon the Secretary War
short tmo since for report Of the transactions OF
what was known by the officers Of the Freedmens Bu.
reau as the Rost Home Colony in louisiana This was
plantation originally seized by the Bureau and after
restoration the rented by the officers OF the
Bureau and cultivated at public expense the plea
thai for the purpose Of giving employment
grOes out Of employment BY some means commits
sary and quartermaster stores were obtained upou
credit aud in this way the government has lost about
s3O 900 $40 0o0 these accounts we're never SET
tied The crop raised first year was estimated 10
be worth about $50 O0o and there should have been
sufficient surplus TO have reimbursed the government
Just where all this money went does not clearly ap-
pear. The only proceeds which can be traced are a
matter Of SIS 600 which deposited In Louisiana
branch Of the Frccdman's Bank by direction OF the
former Commissioner. This money was sent TO the
central branch here in Washington, In accordance
with the orders which drained all the Southern
branches Of ready money, and put into the hands Of
the leoches hcre who using u for their own ad-
vantage Soon after this $4,000. which had been de-
posted in Louisiana fund for educational pur-
poses reached Washington, the government bonds, in
which II had been invested for security, were sold,
and the money was loaned out TO some favorite here
and security taken unavailable real estate In
this city, This security s all the colored educational
fund has for the money thus stolen through VIOLA
tion Of trust
Mr. SPRINGER, OF ILLINOIS, AND THE CEN
TENN1AL APPROXIMATION
Mr. Springer, OF Illinois, took The noor this after
noon question Of privilege 70 reply the charge
hrs made throuah the HERALD that nis amendment to