, 1879-01-23


l'eisinm... ...........:... ..... 49,. ...... 10i
s.;s;:aa:: s.:'sa -: Il
Nsss:f ~: ;::::: :: \
iscthefladus...s. ...+....-s.. ..+.-s. ~
Ahstfa. fa........'..s........... ..... ~
Total amoun. rcceived....,,. -. >. sls, 17s
AMDESrb rA1tt FOREIGN ODvYHNMExTs on THE
BET1LEAEHr or fnsrAL ACcotHTs.
Republic Of Ffhncc.... ....-..:.- .....8 ~ M3
Er1sir Etnptrs oi -. 49, u St st
i.enta"fa....'.s.s.. t''..'' go. .''. .s... iAu
atAty ,...'''s'.' .''''.'... t..s'.'s -. I'll
Total amount paid....... ""s:s, 4o3
TnB LATEST FINANCIAL NEAsuR1-nrtL or
ssS;1on 1e'ssh SoGKxEt ~ y;t ;otH y U4,s Mssoun
wAsn,xoros, D j. e., J Ja'l. ~ D.~scnator % Cock
rell, Of Mts.oarl, astolishei the Senate to-day
with abtl which. Mt great length an,l with quito
astonishing cosnprehcna!veness, nttofnpts TO
settle at one fell b1ow all tlu various financial
aud currency questions which haze been trouh-
ling the country. 1t ctnboslies a who'll tinauciat
system nntl policy, And tho speech IN which The
Senator proposes to recommend II to Tie coun-
try can scarcely bc much longer OF moro COM
prchenafve than bis bill. ..,.
Briefly atatcd,, he proposes to abolish the Ma
substitute III their pfaee Treasury notes which
arc to be receivable for alt debts, dues, aid dc.
nantis to uN.l from the Government, except OBJ,
| ltuat!ous for which coin was protnIscu. Theac
| Treasury uotcs nrc to be cQual IN amount to the
| sum Of tho Drcsent lcgal.tcndcr md NATIONAL
| bnisk nutes, aill to make thu currency "eln4-
tic y he provides shat other Treasury notes shall
| be issued in exchange Tor bonds which arc to
notes iest,cd, but tho owners Of which may at
| will recall them by returnng the Treasury
nutet, whcreupan interest sha1t aea!n begin.
| Dcsdes these Treasury notes hc provides for
gold all silver coin certificates, which a1xo arc
| to be receivable for nil debts due tho United
States, and are to BE- Of ns low denomination
| as a.
Whatever spn.e Treasury notes the Treasury
may bare arc To be devoted 10 the'purchaso Of
silver bullion and old silver, which are to be as
| rapidly a. posaiblc cpiucd into the dollars OF
deem all coin bonds as fast as they arc Fcdcem-
able, a,ll the Treasury ls commanded to prepare
per cent ten-ycar bonds, into Which tic whole
national debt Is to be converted as fast Ra
| possible.
THE rIsuER1ts Quas1loN-MoyKMKNy TO AL
NouArH TI1H THEATr.
In secret session to-day 1t Is publicly reported
that Senator Edmu,ds made a long speech
IN favor ot a project to ask tho british
Il o + ea, s 81 O.
ton. by thu terms Ot that treaty these
clauses ssAnd for ten years from the tttno they
came into operation, mud after that tine until
was signed On tlle Iii, Of july, ls7i. Ii went
Into general effect Ia 19 ansl could not, by It's
trrms, become imperative until twc'vu years
lateE.-iaat Is to say, IN 1855 II IL proposed
t!,at tho Secretary Ut State shall now formally
present to tho Brttish Government statement
showing that'Wc are loauE good lcalu money
by tho treaty md the arbitration, anu that It
would be only fair to let US out OF what has
| proved to b. Ii bad bargain, Without waiting uti-
I'll 1855. About tho bauncss Of the bargain,
there Is no doubt at all. Tho Gloucester fisher
I urftt tkt1rr S-s St,nf
they would just % soon do without the fnshore
| Athtr{cs as not, particularly rs they arc drtycu
OH BY mob violence, alH! haYe 10 far got ITO re-
dress. ThFcats hare been heard TINT II the
treaty fs not broken III any other WY Congress
ulay cxercae IT. power oYor the revenue by laying
duties ou Canadian nah aud Gsfl-ui!, aud 4 we'll
known decision 0f Judge Curtis III tho Unitud
s aa The % to % ay dies ruis IL Ge.nes
Of treaties, on the ground TINT an act OF
Congress- a,l ttcaty provision aro hotA thu
supreme law oi The lind, and umt II one con-
tr4!css ti1e other tle Supreme Court ha. NJ
power to decide which Is to dominate.
| 4 detailed statement OF the actual working Ut
the treaty, aud Ut how ltttle wo got n,ll how
up here, aud 1t will be shown that thy duties We
surrender In ono ycar would ptobably pay for
all The additional fish NC may catch during the
whole term OF t!s treaty. Nevertheless. Il Will
bargain. uuMl II 10 just possible u'at soIno ono
may point out that the consumers ot fish IN this
country, mostly pour people, get lllelr nsh a
gt,od aeal cheape! now ttan they will II the
treaty is nbrogatsd hnd Canadian fish arc shut
Out III iact, there "a q suspicion iu sua.o quar-
ters here tlnt the wtole movement 10 break Tie
treaty is what, tu Wall Street, they would call
IN cooperation for rlse'' lu the pElec Of sa't
lsh.
now sPu1ao1K PRoPoaRs TO dIvB BoCTltkRs
CoLoAED REPUBLICANS REPRESENTATION
IN coNaHEss.
In tic House to-day Mr. Springer, Democratic
member lrutn lllno!s, introduced a till Ia
secure to thu people OF every State equal and
exact, just representation. It provides that
uIleF the nctt ceusus tie Legislatures Of each
State sha!l appoftiun the State us.ter se cG,sus
OF l35u, ~ u 10 pEoyl1e tilat wllcA morG than
two members arc otccted IN 6tatc tue State
shat! bs divided Into districts OF thrca lncnlbcrs
zach as far a. uosstbIe. a.,d when tllero aru swa
ur ntue, etc.} there shal or one district consist.
lug Ut lye members. III slstEttts consisting oi
three members 9ycry clcctor shnll vote for ony
two members OF ConRrcss, mud In districts en
titled 10 6yc members crery elector shall vote
fof TIRES members.
Mr.. Springer presented !n connection With Ill
bill . statement showing that under 1t there
would have been elected ut the last November
election frum the Southern atatcs tltrty-toul
Republicans instead of six Tor a Republican gain
ot tweuty.cight), while lhs Democrats would
have realized liks galn Ia the North; that lhe
|, genera! result would hare been the sauie, bu,
!hat Republican EnlnoEtttcs " As suuth ut,d
democratic tutuortties Ut the North would hayk
bcen equally represented III Congress. aud thai
Ihu four millions Ut coloEcd population couit
control tue cttctiun of twcnty.lwo members II
the following Statcs: Alabama ); Arkansas
!; ueoFKta, s.. Louisiana. 2: Mtssts.lpp. =
North caro!iua. ); South Carollna, \; Tsunessce
3; Te1u, ,; anl Virgtula. =
i THE RECORD.