Daily State sentinel. [volume] (Indianapolis, Ind.) 1861-1865, 1862-02-21

a national armory al Rock Island was taken up.
Mr. Howe moved IT, reference 90 tie Military
Committee
Mr.. Wilson he'd 10 desire to have !, referred -
that committee. he WAS not snre that the Gov
eminent needed another armory AT tlis time but
IL did need foundcry Tor making cannon. &c
HOUSE.-The House took no the report fror,
the Committee OF the Whole on the seoste'-
amendments 70 the treasury note bill.
Mr.. Hooper briefly expressed bic views. lie
said the object Was % furnish substantial and
uniform currency. and 20 approve the distinction
proposed to be made in favor of the holders Of
the stock by paying the interest in coin.
Mr.. Stevens said he had a melancholy forcbo-
ding that they are about TO consunmste Gun
ningly devised scheme which will cause great in
jury throughout the country.
At the instance Of the bankers the Senate has
been persuaded to mangle and destroy what had
cost the House months TO digest. consider. and
pass, The bill has been So dishguEed, thai is
very fathers fail to recogHize il. Instead of be
ing a beneficial and invigoraiing measure and
aaording uniform and equal currency for all, IL
possesses positive and great mischief Ii nov
has all the bad qualities which have been aitrib-
uted to il without = single benefit.
limits amended form IL creates two classes Of
currency-one for bankers aud brokers and an
different Glasses. Take away the legal tender
clause aud tue Government will be in the clutches
Of the harpies.
Among the more important amendments To the
Treasury note bill agreed to are the following:
The notes to be received in paymelt OF all
claims and demands OF every kind except for the
interest bonds and the notes, which shall be
paid in coin.
The vote on this amendment was. yeas ss.
nays 80.
Authorizing the Secretary to dispose of the
bonds at any time at their market value for COIN.
and for any of the Treasury notes heretofore or
herenter to be issued or for hotes under this act
Mr.. Hooper, after this vote. said that the bill
had thus been rendered useless, and moved to
law the succeeding amendment on the table,
which, it il bad been agreed TO, would have re
jected the entire bAl.
The vote on the motion to lay on the table was
yeas "a. NAYS 100.
The House then agreed to the Senate amend
ment authorizing the Secretary of the Treasury
To receive the notes on deposit for not less than
thirty DAYS in sums of not less than one hundred
dollars, certificates to be issued therefor, &c
This. however. was amended by the House so
as to include deposits of coin, and changing the
interest to that which the Secretary NAV from
time to time prescribe. not exceeding 6 per cent.
The bill again goes back 10 the Senate owing
10 the disagreement OF the House 10 some OF tie
amendments.
Mr. Maynard, from the Committee on Ways
and Means. reported bill establishing branch
mint at Denver City', Colorado Territory
Mr.. Blair, of Missouri, from the Military Com
mittee. reported = bill establishing ship canal
from the Mississippi river to Lake Michigan for
the conveyance OF military stores and troops.
The House then went into Committee of the
Whole on the Postoflice Appropriation bill
All the amendments to the Treasury note bill
were acted upon.
The amendment making the interest on the
notes payable in coin was agreed to.
The amendment pledging the lands. duties and
proceeds of the rebel property to the redemption
of the interest aud principal of the debt re-
jecled.
The bill goes back TO the Senate again.
The Postotfice appropriation bill was also in
Committee of the Whole.