Knoxville daily chronicle. [volume] (Knoxville, Tenn.) 1870-1882, 1882-03-07
WASHINGTON.
Organization Of The Democratic
Congressional Committee.
Gen. Rosecrans, Of California, as
Chairman.
Conkling Declines to Accept.

sented indictments for conspiracy in
connection with the star route mail
service against Thomas J. Brady, S.
w. Dorsey, Henry NJ. Vail, John W.
Dorsey, John R. Miner, John M.
Peck, M. c. Reedell, J. L. Sanderson,
and VIM. Fl. Turner; also against
Oliver O. Buckle, VIM. S. Barnum
and Albert Boone, and against Kate
NJ. Armstrong, for perjury.
The Democratic Congressional
campaign committee, to consist of
one member from each State and
Territory, to be selected by their re-
spective delegations in Congress, has
been partially formed, by the follow
ing Representatives: Henderson,
Alabama Jones, Arkansas Rose
Grams, California; Phelps, Connecti-
cut Martin, Delaware; Clements,
Georgia; Townsend, Illinois; Cobb,
Indiana Phil Thompson, Kentucky /;
King, Louisiana McLain, Maryland /;
Morse, Massachusetts; Singleton,
Mississippi; Clark, Missouri Flower,
New York; Cox, North Carolina
Randall, Pennsylvania; WINS, South
Carolina Whitthorne, Tennessee; !;
Welbourn, Texas; Barbour, Virginia;
Oury, Arizona Ainslee, Idaho Nc
Irwin, Montana Post, Wyoming.
AS the full committee will consist of
forty-six members, eighteen remain
to be selected. After each State and
Territory has been heard from,
General Rosecrans, chairman of the
Democratic caucus, will call the COM
mittee together, for the purpose of
selecting an executive committee
and chairman.
The Committee on Commerce this
afternoon completed their consider
alton of the bill introduced by Senator
Vest to incorporate the Inter Ocean
ic Ship Railway Company, and for
other purposes, commonly known as
the Eads Bill, and authorized Sena-
tor Vest to report it to the Senate,
with a recommendation for passage
with sundry amendments.
The bill, as amended, provides a
guarantee by the United States of a
dividend of six per cent. per annum
for Is years, or fifty million dollars
of the stock of this company-the
total stock being seventy-fve mil
ions-and stipulates that in return
for this assistance the company shall
transport, gratis, SO years, mails,
war vessels and all other property of
the United States, and shall trans
port American merchant vessels for
one>half the rates charged by
the company on all other commerce,
except that of Mexico. 1t is for
that provided that for any advance
made by our government under it's
guarantee. The company is to give
it's bonds, payable in Is years with
out interest, which bonds, in the
event of their nonspayment at ma
turity, are to be recoverable for tolls
on any merchant vessel, with
two per cent. added to their
value. The guarantee is to attach
to the extent of S57, 100000 when
ten miles of the ship railway and
terminal works connected Herewith
shall,hav been completed and tested,
in the presence of the government
engineers, by the safe transportation
of loaded ship weighing $500 tons
from the harbor to the terminus of
said ten mile section and back
again, at the average speed of
six miles per hour. Another
$5,000,000 are to be guaranteed
when another 10 miles section with
the necessary terminus work shall
have been completed and tested in
the same manner at the other end OF
the railway. The commission of en-
gineers appointed by the President
of the United States, is then to ex :
anime the intermediate portion of
the route and to report whether or
not the completion of the Ship
Railway over it is entirely practical.
BILE at cost not exceeding sixty mil
lion dollars. If the commission
reports in the affirmative, the gov
ernment guarantee is to attach for
the recovery of S40,000,000 of $50, ).
100000 Of stock, to be guaranteed in
accordance with the successive CONS
pletion of the intermediate sections
of the line If the commissiop,
however, reports in the negative, the
bill provides that no further guaran-
tee shall attach until loaded ship,
weighing 1000 tons, shall have
been safely transported over
the entire line from ocean to ocean.
The bill also provides that in des
termining the amount for which the
government shall be liable under the
guarantee one-half of the gross re-
sources of the company shall be con-
sidered as net profit. On the mo
ton providing the bill to be reported
favorably no negative votes were
cast, but some of the members res
serve the right to offer amendments
to or dissent from certain portions of
the bill when it comes up for action
in the Senate
WASHINGTON, March 6.-Prestdent
Arthur has received from Mr.. Conk-
ling letter declining the Associate
Justiceship of the Supreme Court.
The United States Supreme Court
to-day in the case of Edwin A. Mer-
ritt, collector, VS.. Samuel Welsh ct
al, in error to the Circuit Court for
the southern district of New York,
commonly known as !" the sugar
case, has rendered a decision
against the position taken by the
Treasury Department. The Supreme
Court holds that the dutiable quality
of the sugar is to be determined by
their actual color, graded by the
duties standard, and not by their
saccharine strength as ascertained