The New York herald., 1862-02-12
pOrtant Amendment to the Treasury
Note Bill by the Senate
Finance Committee.
The Legal Tender and Specie Payment
for Interest Clauses Retained.
The Bill to Be Taken Up To-day and
Pressed to a Speedy Passage.
Final Passage Of the Iron Clad
GunbOat Bill.

Debate in the Senate on the Torti-
6eation Bill,
&c, &C.. 10
wAsmxGrox, Feb. IL, 1862.
IMPORTANT AMK,1DMENTs or THE SENATE FINANCE
coAnTrxz 10 THE TREASURY NOTE BILL.
The Senate Finance Committee has agreed upon sundry
amendments TO tho House Treasury Note bill Among
them are-To strike out the declaration that the
thorzaon to issue $3.50 900 necessities
of the Treasury and to provide currency receivable for
the public Dues and to insert that the notes shall be
cevabls in payment Of all public dues and demands Of
every description and OF all claims and demands against
tho United States Of every kind whatsoever except
interest upon bonds and notes. which shall be paid in
coin, ana shall also be lawful money and legal tender
in payment Of all debts public and private within tho
United States, except interest as aforesaid.
Tho committee also propose new sections, authorizing
the Secretary to receive from any person corporation
United States notos deposit for not less than thirty
days. in less than $780, with any Assist.
rrsasurers designated dOpOsiares authorized by
the Secretary to receive hem who shall therefor
certificates Of deposit bearing interest at the rate ave
per centum per annum, and interest to at the
pleasure Of the Secretary and the aggregate Of such de-
poss shall at no time exceed tho amount OF SIS 0o0
Providing that all duties imported goods tho pro.
cseds Of the sales Of public lands and the proceeds
Of all property seized aud sold under the laws
Of tho Unitod States, As property Of rebels, shall
bs set apart a. special fund to be applied rs to the
payment In coin Of the interest of the debt Of the United
Sates second to the purchase payment Of one psr
cent Of the entire debt made within each fiscal year
after the LIST Of July 1862 and to be set apart sink
ing fund.- the interest Of which shall be applied to the
purchase payment OF the public debt the Secretary
shall from time to time decide; and, third. the residue
thereof to be paid into the Treasury Of the United States
ENDORSEMENT OF THE TREASURY NOTE BILL.
Mr. Spaulding, Of tho Committee OF Ways and Means in
the House. has received letters approving tho
Treasury Note bill. The following is from an eminent
hnancier Of New York.
DEAR sR-I heartily congratulate you the triumph
Of your bill. II rightly followed 1t will give
US the bsst currency in tho world, and do more
TO interest the people in the government, free US
n
truly great nation than any act event since De-
claration Of Independence. But expect tho money
power acting through sixteen hundred organizations
having the interests OF the people 10 great extent in
their hands, will do their utmost in opposition, under
pr...ncs Of rssmins specie pay with view, then,
suppressed The probability OF such struggle renders
IL Of the highest Importance that plan Of banking, with
secured Treasury notes, should be adopted without
delaya plan which gradually, but assuredly, supports
the existing banks and invites organizations and
gain over old ones.
CONDITION OF SECRETARY STANTON.
Secretary Stanton is recovering from his attack OF
sickness yesterday, which owing to close and long
continued application to official business. He expects
to resume his duties at the War Department to morrow
REJOICING OVER THE VICTORY IN TENNESSEE
The Tennesseeans here rejoice progress Of the
federal arms Tennessee They say that tho capture
OF Fort Henry opens 10 steamers the whole length
Of the Tennessee river through Union district TO
Toronce Alabama, and that cotton will bs realized
from the country thus thrown open, than from the
South Carolina Georgia coast The planters In Ten
ncssee and Alabama have their cotton upon the bank Or
the Tennessee river, ready for shipment and IL will be
sent forward forthwith, to realize. Fort Henry was
emphaticay acquisition. II 1t has struck moro
into Southern rebel hearts, has least done
more good the Union cause afforded more relief TO
the Union men in ebsdom than any blow that has vet
been struck.
REBELS CAPTURED IN MISSOURI.
despatch received tonight from Gen. Hallcck SAYS
that he has captured in Missouri nineteen rebels and
large amount Of ammunition, including l2o kegs of pow.
der.
Mn. SUMMERS PROPOSITION RESPECTING TIE REBEL,
STATES.
The resolutions introduced to-day by Mr. Sumner are
based upon the proposition Of the utrasts of the Cab
net Tho proposition is intended to wpo out the South
ern States and pspetuate the effects Of secession for tho
benefit OF the anti isavsry agita.os and OF Presidential
candidates who have no hope Of being elected in the
whole Union but arc willing to take their chances in the
North alone. II is understood that the President and
majority Of the Cabinet opposed to the policy re-
ducing the Southern States to a territorial condition
This Is device OF the abolitionIss bring affairs into
condition which will ultimately produce the snnihila
ton OF slavery, Their object is to place the
States In the condition OF territories and
then apply TO them the doctrine that there
shall bo more slavery in tho territory Of the
United States. Mr. Summers scheme has the sanction
Of only one member OF the Cabinet and looks to this
result alone II is indirect method Of accomplishing
the purpose OF the radical anti slavery faction who arc
now convinced they cannot carry their openly
through this Congress or this administration.
PROPOSALS FOR LINE OF STEAMERS TO PORT
ROYAL, HArrERAs AND ROANOKE ISLAND.
The following has just been issued By the Secretary OF
War
IL,
The Secretary Of War desires to establish regular
daily communication between Fortress Monroe ana Port
Royal, HAiteras ana Roanoke Island, by light swift
stsampackets. Plans, proposals and estimates will be
received for four days by telegraph, mail or personal
interview from shippers, shipownsrs and express lines
No speculative proposition will be received nor any from
persons the profession OF having control OF
the required means OF transport.
EN-. STANTON, Secretary Of War;
rBB RUxoRs REGARDING GENERAL M'oLELLAN.
Tho sensaonsts who have been circulating the rumor
tbatn has boen tn
command OF the army Of the Potomac, have been
taking advantage Of tho fact that there is
nothing In tho laws 10 authorize tho Senior
Major General Of the army 70 command the whole army
Of the United States This command has been accorded
to General Scott in mo Of peace and II has bcen accorded
to General Mcclellan likewise. lie has planned all tha,
Is to be done but hero 10 no law 10 authorize him TO