The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1880-01-07
uasininGf0n.

-,,rr.roN ~ WASh'N"''
SNAA','.- .,r Regular Corrcspo
,rsa,,oToy. January 6'-The senate
-, Inn, today. bul only remained In
b'' - Sborf while; hut. nevertheless,
''''''- oh for the introduction and refer
io'' large number Of bills. Among
en- one by senator Withers Tor the
w, .,,.,jsn Of a free bridge across the TO
liver al georgetown. 1t appropH-
GU Cor his purpose $4,000. senator
nj. Il West Virginia, introduced Dill
"a. -. ,oproycment Of the kanawha and
10 u.he,s rivers. Mr.. Cockrell intro
S,aad ! hi that no officer OF the army,
S.yr ormsrine corps shall receive a pension
T,,.,. . blow at ihe bill granting pension
:. commodore Whiting, whose case was
,,,ssra,ely discussed by Senators WltherS'
co,krell. and others just before recess.
s.,.,or Morgan announced the death OF his
..n,,cue Mr.. Houston. and said he woulu
call ND The usual resolutions at an early day.
y, remarked that the newspapers had
-,.,.a that he and his late colleague were
,,, on speqkng terms, but that this was
ro, q. The bin introduced by Senator
nn,. q Illinois, for the establishment OF
an Intermediate Court OF Appeals is the
.,,,c Iiil substantially a. that introduced
D, him some time ago, and is intended to
,lreye the supreme Court and expedite
business.
1ug H0USE-THE NEW RULES.
The House devoted the morning hour to
,ba reception Of reports from committees,
and after that took up the report OF the
Committee on R1es. The Republicans,
owing 70 the fact that Mr.. Frye is in Maine
boxing after his brOtherin-law, Governor
G3rcc'on. and General Garfield is in Ohio
l1oliar sfer the Senatorsbip, declined TO
discus, the rules, and hence the House had
10 adjourn. | heard to-day that number
Of members propose TO amend the rules so
e., ID allow The Military Committee TO origi-
nl'r ,he army appropriation bill, the Naval
Committee the naval bill, and so on. After
ib., !. done, however, they are in favor OF
submitting them all to the Appropriation
Committee for revision. As | predicted
h,t night. the debate on the rules will be
pr0irac,cd and animated.
FINANCIAL SPECULATIoNS-BONDS WITH A
LOW RATE OF INTEREST.
There Is stll q good deal OF talk about
finance but il seems to me that Congress
will do nothing Of importance with the sub
jet except 10 proyiGe for the funding of
the Eve, and skies. There is a lively con-
test ss 10 whether the new bonds shall be
iours or three-sxty.fyes. There are those
who contend that bonds bearing so low a
rate Of interest as thrce-siXty.five can
not be kept at par in prosperous times.
Nevertheless. one OF the best tinan-
cier, in Washington asserted tonight
that bonds bearing three and half will
find ready sale, and be maintained at par.
II will De remembered that MeSsrs. Hatch
and other bankers, when before the Ways
and Means Committee some years ago, as
serted that in two years the Government
would De able to sell bonds bearing % per
cent, and that after few years it could fix
the rate Of interest on others rs low as g..
Now, when it was proposed TO issue the 4
per cent. bonds it was said they would not
remain at par, and that Il was as low rate
q, could be maintained. Yet to-day the 4
per cents are selling at 1884. asked a
leading southern member Of the Ways and
Means Committee to-day what he thought
OF the matter, and be replied: i am for as
low rate as can be maintained. Hence |
would ISSUE" he said, "two hundred mil
lions o. 3 per cents, and see whether we can
not, after that issue aud floor per cents.
The Government" he added, fought to
be able to borrow money at per cent"
Mr.. Sherman, for some reason, is for per
cents. When j assert that nothing will be
done IN regard TO finance beyond what is
above stated do not intend to convey the
IDEA that there will not be a great deal Of
financial talk in Congress this session, for
The Indications all point to lengthy financial
debates and elaborate financial speeches.
PERSONAL NEWS ITEMS.
Ohio Republicans tonight say that Gar
hed viii certainly be elected Senator to-
morrow in place Of Mr.. Thurman. Senator
NhheTs, who ha, been sick during recess,
ava not look in his usual health to-day.
Senator Johnston, however, seemed TO be
enjoying capital health. Mr.. George We'd
uerburD and Mr.. John Mccarthy, OF the
ba'lmore Sun, took up subscriptions to-day
al ihe Capitol for DR.. Schultz, who has been
s'cA IN this city for four years; he will be
remembered as the well. known conductor
ol Richmond. The object Of the subScrip.
"on was TO cradle bm 10 be taken TO his
i'ieha' at Norfolk. SenatOr Riddleberger
Ieit mere this morning, and while i'm Wash
Insloh seemed to get along frst.rate So
'ia''y with leading Debt-Payers. Sem
WIS bAne, Sharon, Whyte, and La
i '"' nave not been here this session. Dir.
n a. iarbrougb, Of Richmond. was at the
va MOI Today. The nomination of Colonel
- postmaster at Washington gives
= s''a' satisfaction. lie is as popular as he
=. .Vw'f'cnt' Senator VOORHEES, will call
" 'ne exodus resolution next Wednesday.
"Slor Don Cameron is about to erect a
~', ''"Ousand-dollar house In this city.
-, VIII bring his wife with him from
~, " ,'od Of Tie utes to Washington. Mr.. |
1 n.'u' member Of the House from Londoun. |
W mere THIS evening for Richmond.
~, BRIEF NEWS ITEMS.
h NO O George b. Corkbill, nominated
= succeed Ex-Governor Wells "a Unitcd
rolu,t D''iic' Attorney for the District Of
Io,,a "O,a' Is a native OF Iowa and aged
Ds,n., ne was connected with the Wash.
~" chronicte at the time Of its demise