Daily Los Angeles herald., 1878-01-30

York should be followed in pro-
tscting the soil of the State from
seizure by Chinese, and says their
recent threats to ruin the business
of q California Congre ssman be-
cause his official action does not
suit them, shows growing inso-
lsncs which should stimulate the
friends of civilization in California
to still moro earnest efforts for
their exclusion.
Heavy acknowledgements Assets.
NEW YORK, January 29th.-The
schedule of e. J. Dunning, Jr., a
Wall street dealer in commercial
paper, who has made an assign
ment for the benefit of his credit
ors, was filed to-day. Liabilities,
81, 1854, 900. His assets consist
mainly of notes of nominal value.
CONGRESSIONAL.
WASHINGTON, Jan. 29.-SENATE.
Edm unds' resolution instructing
the Military Committee to report
whet her, since July 2sth, 1866, any
person has been appointed to the
army contrary to the act of that
date or contrary 10 section 1918, re-
vised statutes. Agreed to.
Beck in introducing his resolu-
tion against an appropriation for
the Sinking fund, said he wanted
an expression from both houses re-
garding the important question Of
reducing oppressive taxation and
yet supporting the government.
He thought he could show how
thirty millions could be saved
from the Customs service, Internal
Revenue and Indian management,
but at pres ent he would only con-
slider the Sinking fund. The Sec
rotary of the Treasury had said
there would be deficiency OF over
eleven millions at the end of the
next fiscal year in the Govern
ment's receipts; also, that the
Sinking fund contains 1920, 000, 900
more than it requires, and govern
ment had practically fulfilled all
its pledges for the Sinking fund.
Wherefore so anxious to pay bonds
now? The public creditors are not
suffering, the property Of the
United States is growing more
valuable and the public debt is a
mortgage on it. The Sinking fund
was provided for at least five years
in advance, and now Congress
should reduce taxation. Had Con-
gress been informed of the condi-
ton Of the Sinking fund 1t would
never have passed the act of March
Sd, 1875, to protect the Sinking
fund and increase taxes. The
Treasury officials had grossly de-
ceived Dawes, who controlled that
bill.
Morrill, and Dawes said they
would speak OH this resolution
hereafter.
Wallace said gold can't be so di.
vided as to suit all classes ofpeople
while silver can. With both
metals there is industry, economy,
plenty; with only one, depression,
ruin and idleness. There is no
foundation in minerals or law for
enhancing the value of the public
debt. Justice and expediency OPP
pose it. The restoration of the an
cient gold and silver circulation
was safe compromise between the
two factions. He declared that
reconciliation would increase the
value of silver according to the
eternal laws of demand and supply.
He continued at some length and
Bayard then took the floor and
said he did not favor abolishing
silver as the coin of the country
and he would, if the business OF
the country would not be disturbed
thereby, favor restoring silver as
money. This bill practically al.
lowed the owner of silver to take ii
to the mint, have 1t stamped and
raised ten per cent. in value, while
the owner Of gold secured no benefit
from the stamping.
Gordon presented resolutions Of
a meeting at Rome, Ga, favori ng
reconciliation and the repeal OF
the resumption act.
Dawes opposed the silver bill,
declaring 1t cheating, delusive
Initiation scheme, which would fos.
ter idleness and dist rust and drive
capital into security and shelter.
He declared the spec tacle presented
by this young country of trying to
pay its debts in money cheaper
than that borrowed, involved the
destruction OF the national credit
and humiliation and disgrace.
White opposed the bill.
Cameron, Of Wisconsin, sub
mitted an amendment making the
silver dollar contain four hundred
and twenty grains. Ordered
printed.
Burnside submitted an amend.
ment making the silver dollar q
legal dollar for all debts not over
$500. Ordered printed.
The Vice.President presented re-
ports of the Indian Commissioner
in answer to Senate resolution OF
the 10th, regarding payments to
Indians.
HoUsE-A resolution was adopted
excluding from the floor all except
members of Congress and declaring
that ex-members, before they
could be admitted, must file a
declaration that they were not i'm
tersstsd in pending legislation.
The rule excludes employees COM
mittee clerks and private secreta-
ries.
The bill from the Committee on
Commerce, recognizing the Wood.
ruff scientific expedition round the
world, was passed by vote of 1877
to 100.
Adjourned.
| Monster Temperance Petition -
Contest Between Richard sOn an I
RRiaey The veuezusiau
Awards.
WASHINGTON, January 29.-The
Committee of the Woman's Ma.
tional Christian Temperance Un-
ion are hers with y temperance pc.
tition representing 23 States and
including 300, 900 names.
The President has sent the fol-
lowing nominations to the Senate: