Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1862-02-19
From Washington.

From Washington.
New YoRK, Feb. 1.-THE Tllbuue's corres-
pondent says: The committee of Ways and
Means, in protracted session this forenoon,
debated aud voted upon the several amend
ments made BY the Senate to the first two Sec
tions of the legal tender bill. Messrs. Corning,
Merrill, Horton and Stevens voted throughout
to concur In all the changes of principle
Messrs. SpauldiDg, Hooper and Maynard ad-
hered 10 all the distinctive features of the bill
as passed by the House. The vote thus stand
ing four to four. Those amendments of the
Senate were not concurred in which make the
issue of new notes $l0O, 600, instead of
$3.50 600 600, which include the 50,000, 900 au-
thOrzed July 18th, aud requiring the interest
on the bonds and notes to be paid in coin, make
tho twenty year bonds redeemable after i've
years, authorize the conversion of notes In sums
not less than one hundred dollars into seven
and three-tenths bonds, make the funded six
per cents. redeemable after - years, and pay
| able in twenty years, instead of redeemRbie
alter twenty years, as the House directed, and
authorize the throwing the bonds on the mar
ket for what they will fetch. Numerous letters
were reld to the committee by Mr.. Stevens,
advising the passage Of the legal tender bill
without the specie interest clause, and resolu-
tions to that effect from chambers of commerce
and Milwaukee. Mr.. Washburne, Just arrived.
from Illinois, represented the demand for the
bill as universal and impatient.
| II is reported tonight, upon the authority Of
a telegram from Gen. Banks, that Mr.. Faulk-
ner has within day or two made q speech at
Martinsourg, in which he expressed the opinion
that the rebellion was q failure, and advised
bis hearers to make the best terms possible for
themselves with the United States.
The House Military committee are consider
ing bill to enlarge the Michigan and Chicago
Canal to the ospaoity for ships 1t heard to.
day delegation from Illinois, and examined
their plans tor the improvement, including the
deepening of the Illinois river to the Missis-
/ sippi, through which the canal and river pass.
They have agreed to surrender their property
and jurisdiction to the government for while,
and TO receive the tolls in payment for the In
terest on the investment. Mr.. Blair, chair.
man, has been authorized to report bill during
the week. la
/ Six hundred and sixty sailors, volunteers
from the Massachusetts, and Maine regiments,
have started for Cairo to-day, to man the eight
i iron. clad gunbOats which have been waiting for
them more than two weeks. Every seafaring
man in the regiments from. which these were
detailed, was anxious to be one of them. ~,
WASHINGTON, Feb. l6--The Navy Depart
ment has received the flag which most promi-
/ nently waved over Fort Donelson.
Il The Navy Department has no other dispatches
i from Savannah than those received through the
Associated Press agency.
The committee of Ways and Means recon-
meni that the House agree to about two thirds
of the Senate amendments to the Treasury
\ note bill, and that they disagree to those re-
ducing the number Of United States notes au-
tborized to bo issued, from $l50,000,000 to
i 800, 900, 900, and TO the striking out of the
!, original proviso that $50. DOC. .000of the notes
shall be in lieu of the demand Treasury notes
authorized by the act of July last. %
The committee also recommends 10 disagree
to the Senate's amendment that the July notes
shall be receivable In payment of taxes, duties,
i imports, excise debts aud demands of every
kind except for interest upon bonds and notes,
Il which shall be paid in coin.
The committee also disagree to the amend
ment fixing the redemption of bonds at the
pleasure of the United States after four years,
Il and payable twenty years from date.
ii. The committee recommends the retention oil
l the proyiso of the exchange of bonds of the
United States, and bearing interest at seven pei
:. cent, and the disagreement to the Senate'f
4 amendment authorizing the Secretary of the
!. Treasury to dispose Of the bonds at the market
value.
n The committee recommends the disagree
, ment to the Senate's new section, which pledg.
es duties from proceeds Of sales OF public lands
and of property seized and sold under the laWl
of tho United States, as property of rebels, al
a special fund for payment in coin Of interes
on the bonds and notes, and for the purchase Of
payment Of one per cent Of the entire debt, tC
be set apart as sinking fund, the interest O.
which, In like manner, to be applied 10 the pur
chase or payment Of the public debt; the re
sidue thereof to be paid into the Treasury
: The committee recommends an agreement Il
: another new section of the Senate, with al
4 amendment they proposed, namely; authorizing
the deposit Of notes or coin in exchange fol
81 certificates, and instead Of five per cent. inter
Q es. on such certificate, to substitute such note
of interest which the Secretary of the Treasu
Q nv may from time to time prescribe, not ex
ceeding elk per cent. and any amount OF note
aud coin 60 deposited may be withdrawn from
u deposit at any time after ten days notice .
& the return OF the certificates
{ The usual Tuesday reception did not TAX
! place tonight at the Executive Mansion, ow