The Sun.
London, England, 1868-03-02 00:00:00

" Tale of a Mar," 6d.

ONDERFUL DISCOVERY.—Corns cured
This in one day by using AEX. ROSS'S CHIROPO.
Vis in
gradually dissolves the Corn in a few
i'esurs, removing the very root.. Price 4s. ; bent by past
cohrem6Oistsst.amps.— 248, High Holborn, London, and all

PARTRIDGE AND COOPER'
WHOLESALE MANUFACTURING STATIONERS, 182'
FLEET-STREET (CORNER OF CHANCERY-LANE), LONDON, E.C.
THE PUBLIC SUPPLIED AT WHOLESALE
PRICES.
CARRIAGE PAID TO THE COUNTRY ON ORDERS

GREAT NORTHERN HOSPITAL,
Caledonian-road, Islington, N.
Supported by Voluntary Contributions.
This Hospital has relieved 481,954 patients since it was
established at King's-cross in 1856. Patients aro admitted
free.
Bankers—Messrs. Barnet, Lloyds, and Co. GO, Lombard-
street, Messrs. Ransom and Bouverie, 1, —Hon.
Sec., F. Smith, Esq. GEO. REID, Sec.

CONGRESS,

SENATE.

Feb. 6.—Mr. Trumbull presented a petition from
the coloured people of North Carolina, praying the
Government to aid in their emigration to Liberia.
Mr. Howard called up the bill extending certain
privileges to the Central Branch of the Union
Pacific Railroad. Mr. Sherman opposed the bill.
It proposed to extend subsidies to this road, and in
the present state of the finances he was opposed to
it. The bill was then laid over. Mr. Sherman,
from the Committee on Finance, reported the
funding bill, with amendments, making the funds
bear interest of five per cent., Parbtc-principal and
interest in coin, due in forty years, and releeen able
in ten. The bonds to be exchanged are all
obligations of the Government, except the five per
cent. bonds, and not to be disposed of at less than
par. The said bonds or proceeds thereof to be ex-
clusively used in the redemption of or in exchange
for existing securities. The bonds to be issued shall
be known as the Consolidated Debt, an 1 shall
be exempt from all local and State taxation,
and the income thereupon shall be exempt from
payment of any taxes or duties to the United States
other than such income tax as may be assessed upon
other incomes. Au amount equal to
one per cent.
of the bonds issued shall be applied
out of the im-
port duties to the National Debt. In addition to
the sum necessary to pay interest and maturing the
funded debt, an anionnt is to be appropriated,
said interest and maturing debt, and the
one per cent. as aforesaid provided for, shall amount
to $135,000,000 per annum, which shall be applied
to the reduction of the debt in lieu of the sinking
fund contemplated by Act of February 25, 1862.
The present Five-twenty B mds may, at the expira-
tion of five years, at the option of the holder, be ex-
changed for the New Bands, and such as are now
redeemable shall be presented for exchange before
November next, and not thereafter, and the residue
not later than six months after the expiration of five
years from date. Lawful money of the United
States and the New Bonds are to be exchanged for
each other when presented to the Trasury, unless
the amount of United States Notes outstanding
shall be equal to four hundred millions, or un-
less the United States shall have resumed pay-
ment in coin for its notes. The last section pro-
vides that any contract hereafter made, specifi-
cally payable in coin shall be legal and valid, and
may be enforced according to terms. Mr. Hender-
son, from the Committee on Finance, reported a bill
to amend the Act providing for the iS3UO of a
national currency. It repeals the limitation of
$300,000,000 as the amount of national bank notes,
and authoriSs the issue, to banking associations
organised under its provisions, of circulating notes
to the amount of 80 per cent. on the par value of
the " consolidated debt funds" deposited as secu-
rity, but not exceeding the proportion to their paid-
up capital now prescribed by law. Existing banks
are required to substitute the new funds for those
now deposited within one year from the passage of
the bill, on a penalty of forfeiture of the bonds and
winding up their affairs. When the amount of all
notes, exceeds $700,000,000 it shall be reduced to
$250,000,000 by retiring or cancelling, Mr. Drake
spoke on the Supplemental Reconstruction Bill. He
was still for war with the open-faced rebels in the
South and the unwashed Democrats in the North.
On Mr. Sumner calling up the joint resolution for
representation at the Havre Maritime Exhibition,
Mr. Morrill, of Vermont, asked, " Would France
send horses to the Show at Springfield? He wanted
reciprocity in these matters." Mr. Sumner pointed
out the difference between a national exhibition and
a municipal show. If the Horse Show at Spring-
field was under the Government, and an invitation
sent to France to be represented, it would be cour-
teously received and responded to. The bill was
passed—yeas 21,
/lays 19 ; and the Senate ad-
journed.
Feb. 7.—Mr. Sumner presented the memorial of
the American Statistical Society relating to the
weights, measures, and coins.
metrical system of
The blanks authorising the Secretary of the Trea-
sury and the Postmaster-General to appoint spe-
.cial agents were filled in 25. A motion was made
to strike out the five special agents of the Secretary
of State. Rejected—ayes, 8 ; nays, 30. The names
of the agents, date of appointment, and sums re-
to report to Congress. The ceived it is proposed
amendment was opposed by Mr. Stunner as infring-
ing a time-honoured custom, and rejected. The
provisions of the bill continued to be discussed,
debated clause by clause. The bill, in addition to
the Act regulating the Tenure of Civil Offices, was
passed—yeas, 22 ; noes, 9. Also a bill authorising
the Northern_Mbanet3vt4 Railroad Company to build