The national Republican., 1862-02-21

vate claims throus sHout the land are payable in |
notes, ohscke, 10. The object Of this blu ie to
make the .paynesAs 70 the Government the
zane a. the olaime ef individuale. But the
bin.
Leave the bill a Il isf, this House and unle s.
the Government b broken down by the refusal
Of the people to pay the duties and taxes i'm
posed, these notes will not depreciats. but the
provision requiring the interest on the notes
necessary for ths Government 70 buy y large
amount Of coin annually. thereby ore.ting u
demand ior % snd consequently increased spec
Mr.. sTEvESs, of Pennsyivanis, then pre-
scented his closing argument against the amend.
mentS. He had . melancholy foreboding that
ssf.ousi, affect all GLASSES Of the people. and
all the interests Of the nation, except one. This
bill, as II len this House, was hailed with Joy
througheut the country. Boards Of trade In
the bill. and urged iu passage through the Ben
ate AZ 1t left the House.
But 40 amended BY the Senate, instead Of
being beniaoent and inv1gorating measure, u
hs .ovsrs; Os s nov proposed !.
and another for the banks and brokers.
II the original bill does not pass, he hoped
the House would vote In favor Of the amend.
mont which he (Mr. steyens) proposed yester
day, to the effeot that the soldiers and others
Governmsnt, shsil have the benefit Of payment
IN coin As well 40 the bankers and brokers. II
We must pay any one in coin, let II b. those
Who are doing the most for the Government.
Re preferred extending favor 10 tho widows
and orphans Of ths brave men who fall In the
defence Of our dag, than TO the sharpers who
trade In currency. Ifthis calamity must come,
lot us adopt some measure here which wiz
make our currency uniform.
Mr.. SPAULDlNd. of New York, stated that
there 10 now in the United States Treasury thir.
y.seven millions Of dollars worth Of the 7 5l0
per cent: notes " yet unsold.
chairman Of the Committee Of Ways and Means
. question. Does he think the legal tender
notes better f"r The Government than so much
Mr. STEVENS. I think that If the Govern.
| ment had $3.50, ,000, 900 In gold. and II would be
paid back into the Treasury for all claims Of the
Government, II would be jus, as good, only II
would bs more inconvenient. daughter
wAsHtSeTOEs BiRTH.DAr.
| The SPEAKER stated that the floor of the
Hall could be SO arranged rs TO accommodate
the Senators and Representatives only, IN the
| occasion Of the celebration Of the birth day Of
Washington. The west gallery would be assigned
to the families of the members Of Congress; aud
| other arrangements would be mads, which
would he duly announced.
| TREASURY NOTE BILL AGAIN.
The debate being exhausted on the bill. ths
/ question as taken on the various ama md ments
i of the Senate.
The hrst amendment strikes out the follow iup
| words:
To meet the necessities ofthc Treasury OF the Uni
ted States, and to provide currency receivable for
| thp public due
| ConCurred in.
Of notes 10 be issued from ono hundred aud
hfty 10 one hundred millions Of dcIlars. WAS no,
cpncurred In.
The third strikes out the CLAUSE making The
notes payable In Washington ar New York,
Concurred In.
| The fourth, providing for the substitution Of
0fty millions Uf these notes for the hty millions
issued by the act oftha nth of July Last. was
not CUnCurred In.
The ftth, Of the same isuor, was no, CONCUR
red In.
The sixth. The question WAS first taken On
the amendment 10 this amendment, proposed
BY Mr.. Stevens, TO the effect that pay ment shall
|, be made in ooin to the oficefs, soldiers
! and sailors Of the United States, anil In pay.
ment for all supplies furnished TO the Cove rn.
!, mont, and It was lost -6I to ".
IL The question was then taken On the Senate
amendment requiring ths interest on ths notes
and bonds TO bs paidin in coin, and ii was oon
CURED in--ss TO 55.
The seventh amendment, I" the sams eject
; was concurred in.
The eighth requires The interest to be paya.
BILE at the treasury or sub.trsssurias pf the
United States. ConOurred In.
The ninth and tenth, providing for The OK
change Of the CERTIFICATES, for bonds bearing
interest at seven and thrae.tenths per cent
were not conourred in.
The eleventh amendment is "a follows:
There shall be printed on the back Of the United
States notes. which may be is.ucd under the pro
visoIe Of thi. act, the following words The within
} and private, aud u cxchangablc for bonds Of the
United States beaTioS six per centum interest, al
twenty years, ~ IN seven per ccntum bond At i've
years"
:. n wus cnncurred in
The twelfth and thirteenth were verbal
| amendments. Concurrsd IN.
} The fourteenth, making the bonds redeem
} able after fre years instead Of t,osRlY, was mo-
The nftsen,h and sixteenth, allowing tb,
, Secretary Of the Treasury TO dispose Of The
} bonds " at the market value thereof" for " tht
} ooin,' Of the United States, we're concurrsd
Tho Seventeenth. n Verbal amendment. Con
CURED in.
8 The eighteenth amendment, ~ amended by
n the Committee oi the Whole, 10 as follows.
sss And q q Iy,ta:, s. s.Gsst That u: sso.ets.,
PER- cns, or any Corporation unitsd states notes
coin on deposit for lees than thirty days In sum
tbe assistant trsasurers cr desisnsted depostsrss
the United States sutho lied BY the Secretary Of III
Treasury 10 receive them; who shall issue ihersi,
certificates Of deposit made In such firm the SEQ
resfy Of the Treasury shall prescribe ssid Ger
tihcstes OF depoi. 81 all bear interest a the rat
u winch tic secretary may 1rCm time 10 tImc IRE
v scribe, not eIoecdug SIX per centum por sunum
and any amount Of United States notes or cola &,
Deposited may. be withd' avn from dsporit at an!
time after days notice the return Of said Ger
dlcatse Protdel, Thst the interest on oil such de
posits shall cease and determine at the pleasure
the Secretary Of the Treasury: Ani ."rs'.d further
!; exceed the amount Of twenty Eve million dollars
\ ConCurred in.
! The nineteenth amendment is as follows:
u SEC = And be u further enacted, That all duties Of
Imported goods the proceeds of tho sse Of the publ
isnda and tho proceeds Of all property seiscd an
sod under the laws OF the United States % tho prOr
trty OF rebels shall be set apart special fund on
/. shall be applied At follows
Isl First 10 tbs payment in coin Of the interest on III
n bonds q nd notes Of this United States.
Second. To ths purchase or payment Of one PC
centum of the entire debt Of the United States 10
q made within each fiscal year after the 1st day q
July 1857, which s to b. tet apart s.s snking fund
II and the interest Of which shall liz like manner
applied to the purchase or payment of the publ
debt as the Secretary 0t the Treasury shall, frci
q Third The residue thereof to he paid Lts th
Treasury Of the United Ststc,
nj ,,n,urrad Ia