The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1880-03-06
washington.

VIRGINIA s0cIETY--PERs0NAL NEWS ITEMS.
COMPULSORY PILoTA6E, &C, &C.
from Our Regular Correspondent
WASHINGTON, March 5.-The opening
speech OF Mr.. Fernando Wood on the bill
TO fund the outstanding SIS and 6's in "a
per cent. bonds is regarded to-day by Dem
ocrats generally who have read II in print as
very unwise and illtimed effort. Instead
OF combining himself to the merits OF
the bill and an explanation OF its pro-
visions, he launched out into Bit
ter attack upon the past financial policy of
the Republican party, and on that Of Mr..
John Sherman particularly. Now, the Re-
publcans OF tie House have party pride.
and IL Is hardly well, IL they are wanted to
vote for the funding bill, that they should
be offended at the outstart. During the
debate (which win be protraced and an
able one) speeches will be made by Messrs.
Garfield, Tucker, Dunnell, Mills, Frye,
Kelly, FELTON,. and others. Mr.. Garfield
will oppose the bill and take the position
that Mr.. Sherman maintained before the
| Finance Committees OF the two houses
viz, that The rate OF interest on the new
bonds should be instead OF % per centum.
In word, that you cannot float 81 per cents
at par. The trouble about the able member
from Ohio is that he feels called upon gene
rally TO support whatever the sherman fam
lily favor. As a leading financial cGrespon-
dent saws, Garfield looks at every question
before the Ways and Means from political
standpoint, while Tucker forgets be is a
Democrat aud never falls to get a grip
upon the strong points Of every ques.
ton. He therefore knows more about
sugar than any member OF the conf
mittee, and got at the bottom OF the
funding matter quicker than any one else.
Messrs. Tucker, Mills, and the Democrats
who speak, will advocate the bill substan-
italy as it came from the committee. Mr..
Kelly will oppose ii, because it conflicts
with some OF bis Greenback yagaries, and
assail ii from totally different standpoint
from Mr. Garfield. Mr. Dunnell (Repub-
lican), OF the committee, Is in the main in
favor OF it, and so is Mr.. Freye (Repub-
licap) Some of the Greenbackers and
others contend as we will have $50, 100000
surplus annually it will be cheaper 10 let
the $3.50, 100000 OF SIS and 6's run on
and be paid off to that extent yearly than
to fund at 81 per cent. And yet to Tyro
in finance this would seem almost absurd.
Others want shorter-term bond, and some,
/ hear, will advocate q 3 per cent. bond
| lxotp A auH % hnUpypr
they will be for 81. After survey of tue
field | feel satisfied that the bill will pass
the House with immaeral notifications.
SUGAR TO THE FRONT AGAIN.
am confirmed tonight as 10 my iudg-
ment 10 regard 10 sugar as telegraphed last
night. There was evidently good deal
going on to-day in the matter, for sugar.
men looked anxious and those who favor a
reduction OF duty hopeful. When it is re-
membered that sugar pays nearly S4O,-
600, 900 Of duty annually it is not wonder
full That it should occupy an important place
In the legislation Of the country. Mr.. Car
Isle offered a bill to-day making SUI
gar under 10 pay 2.40 per pound ;
sugar between 10 and 16, 2.75 per
pound; and above 16, A cents per
pound. Mr.. Carlisle informs your CORE
spopdent that personally he thinks that
9 65 is enough for sugar between IL and
1e. and 80 cents per pound for that above
l6. His bill is intended to be the basis for
legislation on the subject. The fact that
Mr.. Phelps Democratl OF Connecticut,
who voted to postpone, indicates that the
committee will again consider the subject.
THE VIRGINIA AGRICULTURAL SOCIETY WANTS
AN AGRICULTURAL DEPARTMENT..
Colonel Robert Beverley was at the Capt.
fol to-day, and presented each OF the Vir'
pinia members with copy OF the resolu'
ton adopted by the State Agricultural So
ciety of Virginia in favor Of the passage Of
the House bill creating Department Of
Agriculture. The petition of the Society
signed by the president and secretary, vii
be laid before Congress. 1t will be remem
} bered that the bill In question makes thu
head OF the Agricultural Bureau Cabine
, officer equal 10 dignity and influence will
|. the present Cabinet officials, and enlargei
the present Bureau into department, Civ
ing il control of statistics, the life-savni
service, &C., in addition to the subjects nov
, under control Of the Superintendent o
Agriculture.
PERSONAL NEWS ITEMS.
Judge Hughes has written Senator John
sion that Mr.. Richal dson, nominated a
supervisor OF census for the Norfolk-dis
ltrict. is businessman who takes but litt''
, palt in politics. He thinks he will MAKE
one Of the best supervisors that could b,
. appointed. Mr.. Rocert Boiling says th'
charges that led to his defeat were made bl
ex-senator III ntop, OF Petersburg. p. Olive
sims. formerly OF Richmond, has obtained
, employment with wel-known firm OF pa
tent lawyers. He Is one OF the speakers at thu
: temperance meetings here, and talks calmly
and sensibly. On Sunday he spoke at thu
; Maryland destitute, Baltimore. There il
general regret expressed among senators
, that Senator Davis, OF West Virginia, ha'
announced his purpose not to be candi
date again. His energy, Judgment, ant
practicai wisdom have made him NO
only most efficient senator, but {
most successful chairman OF the Committee
on Appropriations--th most important II
the list OF committees. Colonel VIII. Thomp
son. OF Parkersburg, now here, says tina
: the Rev. Mr.. Gibson, late OF Richmond, i