Lewistown gazette. [volume] (Lewistown, Pa.) 1843-1944, 1862-02-19

Of all debts, public and private, within ihc
United States, except interest Is aforesaid
The Committee also propose new sec
ton authorizing the Secretary to receive
from anv person or corporation United
States notes on deposit for not less than thir-
trdays. in sums not less than five hundred
dollars, with any of the Assistant Treasu-
rers or designated repositories authorized by
the Secretary to receive them, who shall
issue therefor certificates of deposit, bear
ing interest al the rate of FIVE per cent. per
annum. and interest to cease at the pleas
ure Of the Secretary and the aggregate OF
such deposits shall at no time exceed the
amount Of S25 ,000 900 Providing, that all
duties on imported goods, the proceeds OF
the sales of public lands, and the proceeds
of all property seized and sold under the
laws Of the United States, as property OF
Rebels, shall be set apart as special tund
to be applied, first, to the payment in coin
of the interest of the debt Of the United
States; second, to the purchase or payment
of one per cent. Of the entire debt, to be
made within each fiscal year after the lst
Of July, 1862, and to be set apart as
sinking fund, the interest of which shall
be applied to the purchase or payment OF
the public debt as the Secretary shall from
time to time decide and third, the residue
thereof to be paid into the treasury of the
United States.
The House directed the arrest of the
notorious Henry Wykof, an attache of
the New York Herald, for refusing 20 tes-
tiry before the Congressional Investigating
Committee He was brought before the
bar of the House and questioned as to. from
whom he received the Presidents Message
before it was sent to Congress. He refus-
ed to reply and was committed to the Gus
toQy Of the Sergeant-at- Arms.
II the Senate on the 18th, Mr.. Morrill,,
from the Committee on District Affairs, re-
ported bill for the emancipation Of the
slaves of the District, with compensation
to loyal owners. The Treasury note bill
was taken up and finally rassed-yeas 80,
nays 9. Mr. Coilamer moved to strike out
the legal tender clause, but it was rejected
ayes Il, nays % The ILL goes back
to the House for action or the Senate
amendments, the most important of which
is that providing that the interest on the
Nationa! loan shall be paid in coin.
The House referred the Senate amendments
to the Civil Appropriation bill to Com
mittee of Conference The Naval Appro-
priation bill was discussed in COMMITTEES
of the Whole and reported to the House
for action.
In the Senate on the 14th, there was
but little business of interest transacted.-
The bill authorizing the appointment of
Warden for the Washington Jail, having
.0r its object to prevent the Marshal of the
District of Columbia making it Z place Of
confinement for runaway slaves, was pas
sed. The bill regulating emolumcnts of
officers Of the army was discussed and fin
ally laid over; when, after 4 short cxecu-
tive session, the Senate adjourned to Mon
day.
The House resumed the consideration OF
the Naval Appropriation Amendments
appropriating Sl5, 100000 for the construc-
ton of additional gunboats, and 81 ,00O,-
O00to increase the manufacture of ordnance
at the Washington Navy Yard were adopt
ed, ana the bin passed. Mr. WykofF, hay
ing purscd himself Of contempt was order
ed to be discharged from custody. The
resolution for the observance Of Washing.
tons birthday by Congress and the army
was passed. The House adjourned to
Monday.
The Senate on Monday passed the bill
appropriating s2,S00,000 for the Oregon
War debt. Senator Latham introduced
oil for the survey of telegraph line from
San Francisco to the northwest coast, over
land, via Behring's Straits and Asiatic
Russia, to the mouth Of the Amoor River,
as proposed by Mcdonald Collins. The
scheme is to connect the American system
OF telegraphs, from point in Missouri,
with the line now being constructed from
Kazan to the Amoor. When finished, the
line viii bring in teiegraphic union the
whole European and American systems,
and belt the world. The Military Com
mittac asks for an appropriation of $1,000