New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-04-07
GOVERNMENT NEWS.
u,, o,n ,ssIrE IN THE SENATE.

TIE OLD ISSUE IN HE SENhAH
.yr w,cKEpNEss OF MALONE AND RKPUpiAIioN
pUTICULT TASK 10 BE PERFoHMhD BIZ SEM
ron VANCE A SHORT TALK WITH TIE r"N'''
n,xr-roREIGN AND AMERICAN PORK
The Democratic Senators were deprived OF
u,.,, .eeopd issue yesterday by the reference
~ n, McPherson's Boyton resolution to the
c..,ro;ttee y. on Foreign Relations; and the de-
80 on the career and character OF Mr.
m.hone was resumed. Mr.. Vance promises to
..,on;sh the Senate to-day by showing that
Nortb Carolina is not Repudiating state
President Garfield declines to say anything
vhicb might be construed into an attempt 10
,rAuence the Senate in its action. lie does
not believe that the contest over the oifces Is
,rotracted at the dctation Of Senator Conk-
,;no in order that he may effect combina-
ion against the Administration. Ietter
from the American Consul at Basic 10 .ne
State Department demonstrates the absnrdity
of the opposition in Europe to American pork
SENATOR VANCES DIFFICULT TASK
A pRoMIsE TO SHOW THAT NORTH CAROLINA Is NoI
A RFpuDIATING sTATE-IHE DEMOCRATS Rk-
pUcEo TO THE OLD ISSUE
IBY TELEGRAPH TO THE rRrBuNE.l
WASHINGTON, April 6.--The Senate did not elect
sfBcers to-day; but Mr.. Mcpherson, somewhat 10
his surprise aud disgust his petition IN behalf
of Michael Boyton referred, by unanimous consent,
10 the Committee on Foreign Relations. This lett
the Democrats again destitute OF any issue except
"Mahoue's treason" which they dare discuss.
Mr.. Bayard, who was evidently dissatisfied after
nights reflection with his give away speech oi
Yesterday held the floor for two hours again to-day
Condensed into a nutshell his argument amounted
mi. ,.ab,r rtla lint
has right to check an attempt by the majority to
exercise it's power unjustifably or eorruptiy.
Thirty-nine members of the Senate voted for Han
,ock last fall; one of them now votes with the
Republicans therefore. the other thrtyeight Dem
pcratic Senators, although they are minority are
instfed in preventing an election of Senate onceTs
MIR. Sherman replied to Mr. Bayard again to-day IN
very clear logical and convincing argument. MI
Hoar followed In few remarks, resentiDg the idea
advocated by Mr. Bayard, that Senator Is bound
10 obey the party caucus lie alluded to hr. rum
bull and Dir. Sumner both of whom he said bad ex-
rcised their right 10 think and act for themselves
.ven when by so dong they did not conform To the
,piuions and judgment of the Republican party IN
illinois and Massachusetts.
Mr. Vance, of North Carolina, said that to-mor-
,ow be will make speech to prove that North
Carolina never repudiated any part OF her debt. Mr..
Vance will ind that no easy task. When lie was
Governor of North Carolina. in 1877 ami 1879 he
,peny espoused Reputation in his messages to the
legislature. In his message of January. 1879. only
lttle more than two years ago. Governor Vance
used the following language regarding the State
iebt:
Tho public debt will be by the Treasurers re
Sort amounts TO SlG960O45 principal and
hol6o1s2 Interest Thls is SHOWN as the Iec'gnlred
What shall be done with 1t question that deserves
roar best consideration II out o. Inc ,or & us
poncede that there auy moral obaon on Us 10 10 go
Or DO our creditors nr % bonds Ss xr Te based
ssntonly DESTROYED by consent OF large majority OF
he ear,h would permit creditor destroy onehalf OF
kis security and claim full payment out OF the remain
sef
In his remarks to-day. Senator Vance indicated
that he should depend upon the so-called Funding
law enacted by North Carolina two years ago TO prove
hat the State has never been guilty of Reputation.
Now that very law repudiated twelve years interest
per cent and 60 per cent of the principal of the
lnte-wsr debt of North Carolina, for every dollar
,f which it is believed the State received 100 cents,
and in some cases more. Ii also repudiates all the
interest upon the bonds issued 1866 and 1SGS, TO
Iund past due coupons upon the original debt. aud
lso repudiates So per cent Of the principal OF those
bonds. The law recognizes nearly $j.OOO000
Of internal Improvement bonds lssued after the war.
and repudiates all the past due interest upon aud
s5 per cent of the principal Of these bonds.
The interest on the new bonds Is 4 per cent upon
tbe original bonds 1t was per cent therefore.
under tue Funding law itself more than s24. 100000
f the debt and the interest thereon has beeu repu-
dated outright Beside TINS. more tIAn
81 600. 600 Of debt aud interest thereon has
been got rid OF by North Carolina by the very easy
process Of ignoring" it. IL must be admitted,
therefore. that Senator Vance has set himself 10
easv task for tomorrow.
Both parties in the Senate appear as determined
Is ever.
THE PROCEEDINGS OF THE SENATE.
WARRINGTON, April 6.--The Yice-President