Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1878-11-18
PITT KEILoaa's POINTER FOR THE DEMOCRATS

| the South with the national purse. I've been
| out through the West, and I tell you they
are afraid the solid South will make the ma
| ton pay millions of Southern claims and
force the North to shoulder the burthen of
the Southern debt. That is what makes the
North solid. Then he proceeds to give the
democrats point by saying: "If the next
congress pursues wise policy, and does not
| legislate in favor of the South, am afraid
the Democrats will get ahead of us. Now,
I've told our follows the same thing, that if
the Democrats adopted liberal national
policy they will disappoint the Republicans,
and between you and me, they will put
themselves even for the race in $780, That's
my opinion, but don't think they will be
wise enough to take such course"
BUcKNER's VIEWS.
Judge Buckner, of Missouri, who was one
of the most vigorous of soft-money Congress
men during the last session, says that he
does not think there will be any attempt at
financial legislation this winter. The action
of the banks, however, in discriminating
against silver will further intensity the feel
ing against the national banks, and may lead
hereafter to some aggressive legislation.
DoDaING THE RESPONSIBILITY.
Secretary Sherman says the treasury de-
partment is not at all responsible for the
action just taken by the New York and Bos-
ton banks concerning the standard silver
dollar. The propositions suggested to the
New York Clearing House association by the
secretary of the treasury related only to the
mode of exchanging checks and treasury
drafts together with request that the banks
should accept greenbacks in payment for
treasury drafts after the first OF January.
The banks have decided that after the first
of Januaay they will not receive dollars e1-
cept as special deposits and e1-
pect that their action will
be followed by sufficient number of
similar institutions, and drive the silver dol
lar out of circulation. This demone-
tization by the banks of legal tenders of the
United States finds no favor with the treas
ury department. Secretary Sherman Gays
they have at least been premature in taking
such action. They seem to have made no
| allowance whatever, for any action the Pres
| ident or the secretary of the treasury or
| Congress may take. Whereas, before taking
the matter into their own hands, and saying
that legal tenders shall not be legal tenders
because, if the amount of silver coined each
month be not sufficiently limited, it might in
time become of value only as 80
much, bullion they should have
considered that steps may be taken by the
government to arrest such an evil. Secreta-
~ Sherman intimates very distinctly that
he and the President will recommend legis-
lation either to limit the monthly silver dol
lar coinage to an amount which would leave
no danger OF its depreciating, or that it's
weight be increased sufficiently to keep it at
par value. He is very sanguine that clear
| exposition Of the ACCESSIBILITY Of some such
action will induce Congress to enact meas
ures to obviate the danger of the virtual de-
monetization of the silver dollar.
coNKLINa AND THE PRESIDENCY.
Conkling's friends say that a movement in
his interest for the Presidential campaign
has already begun. Republicans here from
the South say that arrangements are already
making there to name delegates for Conk-
ling to the national convention: and that he
| will have large following there.
COMPTROLLER KNOX
has nearly concluded his annual report He
| will devote a considerable portion Of it to
| defense of the national banking system
Among other things he will show that the
losses of depositors through savings banks
during the past year exceed the losses to de-
| positors in national banks for the entire
period during which the latter have had ar
existence.
SALISBURY TO EvARTs.
| To the Western Associated Press.
WASHINGTON, Nov. 17.-Lord Salisbury, il
| II
the Halifax fishery award, after recalling a
considerable length the circumstances which
| led to the organization of the commission anc
quoting the decision given by the majority O.
the commission says: it was not without
most thorough and laborioug investigation o.
the questions submitted to their appreciation
that majority of the commission arrived u
the decision quoted and it must be observed
that the whole proceedings were held in stric
conformity with the terms Of the treaty O.
Washington whilst the award was given by
majority of the commissioners in the very term
contained in article twenty-five of the treaty
In the dispatch which has been communicate
to her majesty's governments, MIR. Evart
seeks to invalidate tho award which is the re
suit Of this exhaustive investigation, upon tn
ground that in estimating the claims of Grea
| Britain the commissioners must be assumed t,
have taken into consideration the circum
stances which the treaty of Washington ha,
not referred to them. There is nothing upol
the face of the award which gives any connte
nance to the supposition that the commission
ers travelled beyond the limits assigned by tn
treaty.
Mr.. Evart's argument in favor of the conten
ton is entirely deduced from what he consid
cred to be the magnitude OF the sum awarded
1t is. he contends, far in excess: of what th
United States government believe to be th
true solution Of the problem submitted by til
treaty, that the sole factor which the treaty ha
not recognized must necessarily, in his opinion
have been imported il to the calculation
Dir. Evarts proceeds to give in detail the COZ
sideration by which, in his Judgment, the resu
arrived at should be tested. He gives his rel
sons for believing that mackerei ia the only fz
to whose capture In the water opened by Gre,
l Britain any value should be assigned, and th,
2 no account is to be taken of herring halibu
! cod lake pollock or bait fish. He computes Il
number of mackerel which United States ifs
ermen have caught within the three mile Ii,
during the years of the treaty period which ha
expired, and infers from it the number viii
| they are likely to catch within the same ar
during the interval that remains, and conclud
f this branch of his argument by estimate,
! on various hypothesis the profit which Unit
, States fishermen are likely to have fro
mackercl which they has probably caught. {
} the other side he estimates at very high val
the profit which British fishermen have Derry
70 from the opening of 3 market in the Unit
!, States, and concludes the sum fixed by
g award Is 30 much larger than these consid
n atoms would have justified, tina. the Unit
States government can only explain its mag