Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1881-02-22
DOMESTIC NEWS.
WIN ,ne chinese Treaties Hang Fire.

wby the Chinese Treaties Hang Fire.
NEw YoRK, February 2lst.-The Posts
Washington special says: The Chinese trea-
tias hang FIRE in the Senate, and the failure
Of that body to act is creating some discus
sion as to its reasons therefor. One reason
stated is that the treaties will affect the rela-
tions of the next Administration with the
Chinese. and that it is only fair to leave its
hands united, and more time for considera-
tion. in view of the fact that important re-
strictiye legislation is proposed. Again, it is
nrpAd that the most favored nation clause
ip the treaty yields to the Chinese the right
to be naturalized, in opposition to the wishes
and legislative enactments of the Pacific
coast Also, it is said that the treaty will
not effectually stem the tide of immigration,
az large part-two thirds, it is said-ot the
Chinese immigrants are those who are re,
turning after one term of residence here, and
as such are not excluded. The provisions OF
the commercial treaty governing the pro.
ceedings of mixed Courts and the carrying OF
opium are also meeting with some opposition.
The Funding Bill at New York.
NEW YORK, February 21st.-The Graphic
SAYS: The action of the few city banks,
which Oh Saturday decided to withdraw their
circulation because of the tax and low rate of
interest on the new bonds, is the subject of
considerable discussion in Stock Exchange
circles, where the operation is much ridiculed
and generally regarded as extremely i'll
advised and hasty. 1t is claimed that one
of these institutions, which has been largely
benefited and favored in the past by Govern
ment officials, is short of per cents. in the
stock market, and it is therefore making as
much opposition to the new 8 per cent bill
as possible, and is also endeavoring to induce
other banks TO oppose the measure and with
draw their circulation. Conservative bank.
ers, however, believe that these banks will all
ultimately conclude to redeposit the per
cents. and take out their circulation again
within three months. Is is understood that
there is to be an amendment offered in the
House to the bill providing for the issue of
greenbacks to take the place of the bank
circulation that may be withdrawn. If this
sensible precaution is taken, it will instantly
restore confidence, and take permanently
away from the banks this fearful power to
withdraw in one day all their bills from cir
culation, or, what is worse, lock up an equal
amount of gold and legal tenders, and leave
the street utterly without means of doing
business. Such terrible power no set of men
should for one instant possess.
Free Trade Party Probable
WASHINGTON, February Dist. - Frank
Hurd's recent protection speech has revealed
the existence of "a Congressional nucleus for
a free trade party. 1t is claimed that 123
members of Congress are already pledged to
the movement for new organization on a
revenue reform basis. The project is to put
revenue reform candidates into the field in
the future wherever the other parties are
not pronounced on the tariff question. Hurd
is anxious to retain a place in public atten-
ton by any means, now that he is about to
drop out of Congress, and no doubt he will
do his best to have party. AS there are
plenty of "oats," he should not lack for
sympathy. Nothing can more thoroughly
solidify the Republican party in all sections
than square issue on the tariff.
The Outgoing Cabinet.
CHICAGO, February 2lst.-The Tribuaes
Washington special says of the outgoing
Cabinet Evarts will continue his law prac-
tice. Sherman will be in the Senate. Schurz
will resume journalism in st. Louis. Thomp-
son will remove to New York and try to
earn the S25, 600 which the Panama Canal
Company has paid him. Golf will probably
relinquish the naval portfolio and go to West
Virginia as United States District Attorney.
Maynard will probably be so unpopular with
his party friends in Tennessee that he will
secure nothing. Devins will probably have
to return to his law books, as the Supreme
Courtship is out of the question. RAMSEY is
will make two years European trip.
ConkIIng and the Cabinet.
CHICAGO, February 2lst.-The Journals
Washington special says: Senator Conkling
was In his seat to-day, and was interviewed
by number of Republican Congressman.
To his Republican colleagues Mr.. Copkling
has little to say about Cabinet matters, but
his manner is such as to convince many that
he has q satisfactory understanding with
General Garfield. Conkling and Representa-
tive Morton had a long conference, and some
of the latters friends feel quite certain that
he is to have the Treasury portfolio.
The secretaryship of the Senate.
CHICAGO, February 21st-The Trtbunes
Washington special says: 1t is definitely
known that, whatever may be the result as
to the entire organization Of the Senate,
George c.. Gorham is almost certain to be
Secretary. He will certainly receive the vote
of Senator Malone, who is his personal
friend. This seals the fate of Birch, the
present Secretary.
Pacific Railroads.
New York, February 21st.-According to
q Washington dispatch the Pacific Railroad
Committee did not consider the Northern
Pacific question to-day, and it is not probable
that it will come up again the present ses-
sion. The report of the subcommittee that
the lands of the company are not liable to
forfeiture and the mortgage placed thereon is
valid, will stand as the opinion of the COM
mittee, motion to recommit having been de-
feated last Thursday.
The Union Pacific earnings increased S112,-
600 the first fortnight in February, and it is
again rumored, according to the Graphic,
that the company will finally decide to tender
the Government the whole sum of its in
debtedness, the necessary funds to be OBJ
tanned on proposed mortgage bond issue at
Al or 81 per cent. on the proprietorship of
the road, valued at $40, 900, 900. 1t is thought
such loan will be taken up in London in "a
hours.
The United States Liens on Central Pa.
cifie.
WASHINGTON, February 21st-The House
Committee on the Pacific Railroads held
meeting to take action on the letter of the
Auditor of Railroad Accounts, Mr.. French,
relative to the Central Pacific Railroad. A
resolution was adopted instructing the Chair
man, together with Representatives Butter
worth and Dicley, to call in person upon the
Attorney General and consult with him as to
the legal remedies proper to be taken under
the Thurman Act or under the general laws
Of the United States, to prevent any diver
sion of the net earningso OF the Central Pacific
to leased roads, in prejudice of the lien of the
United States, and to consult with him gen.
orally in regard to allegations on the subject
made by the Auditor of Railroad Accounts in
his recent communication to the Secretary of
the Interior. The subcommittee is TO report
on the subject Thursday next.
The Barbed Wire Cases.
CHICAGO, February 21st.-In the United
States Circuit Court to-day judges Drum
mond and Blodgett refused rehearing in the
celebrat ID cases of the barbed wire fence
manufacturers, in which immense sums of
money are involved. In accordance with the
decision, all the barbed wire manufactured
in the West is an infringement on the patent
of the Washburn and Moen Manufacturing
Company of Massachusetts, 1t is stated that
most of the manufacturers have already made
terms with the Massachusetts, company.
Points OF the Treaty with Colombia.
CHICAGO, February S1st. = The Inter
Oceans Washington dispatch says: 1t was
stated some time ago that there was COM
plete understanding between this Govern
ment and Colombia in regard to the De Les
sens enterprise. Since then the negotiations
have come to a definite conclusion, but the
rumors put forth in New York and here,
concerning the nature of the arrangement
arrived at, ara entirely false Secretary
Eysrts, in contradiction of these reports, said
a. You may say that the negotiations between
this Government and that of Colombia are in
progress. and that the Colombian Minister
has returned to his Government for the &C.
ceptance of the agreement thus far reached.
Won may add that this agreement
does not include any such features as