Year: 1874

PHOSpECTS OF THE NEW FINANCIAL BILL


IN THE HOUSE.


nxpUpllcAN TACTICS TO sECuRR ITS IMMEDIATE


PAssAGR-rHE CIVIL RIGHTS BILL IN THE Way


THE DEMOCRATS FAVOR PosrPoNEMENT AND


CARRY THEIR POINT-DKLAY LIKELY TO WEAKEN


TIE MEASURE.


IBt TELEGRAPH TO THE rR1BCNEl


WARRINGTON. Dec 2S-The Senate Finance Dill
WAS sent over to the House this morning, and under
the rule went upon the Speakers table at the Dot
tsm of tl,c pile of bills already there lis 1nenos
were very confident that. if they could get al H. IL
might be rushed through under the previous Ques-
+ion before adjournment. How to get at it was the
uuestiop. If the House went to business Oh the
Speakers table, it must begin with the hrst OIL
there and dispose definitely OF each measure as IL
was reached, either by laying it on the table post
poning it to some fixed time, referring IL 10 SONIC
committee, or giving it present consideration.


Early in the list was the Senate Civil Rights bill
and the Democrats while they were not particularly
epposed to having the financial question taken up,
were unanimously determined that neither the Cvil
Rights bill nor any other obnoxious measure Should
to-day be placed within the power OF the Repubh-
cans Mr.. Maynard proposed, therefore, that by
unanimous consent the Finance bill be made the
xpeclal order for the first Thursday after the ho-
Aays The Democrats were willing to agree 10 thls'
but some of the Republicans, apparently to make
political capital with the negroes objected and Mr.
Dawes moved to go to the Speakers table. 10 pre-
vent this the Democrats began to filbuster, and
would have kept up these tactics for the remainder
of the legislative day had the Republicans persisted
After the Yeas and Nays had been called two or
three times Gen. Hawley called attention to the
very reasonable position held by the Democrats.
While he should vote with hisparty against adjourn
nent he did not desire to have the currency ques-
tion taken up for discussion to-day This little re-
monstrance seemed to open the eyes of the majority
and they agreed to Mr.. Maynards proposition-to
which the Democrats had already acceded-to make
the bill special order for JAM 2.


There is little doubt that had the bill been con-
sidered to-day, it would have passed. The delay
will weaken it, unless the Republicans agree to 1t
In caucus and so make it party measure Ihe
hard money men consider the bill swindle in that
it does not provide for the cancellation and destruc-
ton of the currency retired If under the operation
Of The BILL they say. any greenbacks should he with
drawn from the circulation, there is no guarantee
that some future Secretary of the Treasury under
political or financial pressure will not put them out
ssain as Boutwell, and Richardson did part OF the
s44OOOOOO reserve" The hard money men of the
Senate excuse themselves for voting for the Dill,
with this defect under caucus rule by saying that
there is no danger that any considerable number
of banks will be organized between now and 1879,
and that the sections of the bill which refer to
free banking and the withdrawal Of greenbacks
will therefore, be imperative. The remainder OF
the bill they consider night in princple-a step III
the right direction; and for that reason they
voted for it. Whether the same considerations
will influence the hard money men Of the House
remains to be seen.