The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1863-03-01
Report Of the Senate Committee Of Rorsieu
Affairs on MediatioA. !,
Proposed Purchase OF the 0te.
VEINS Battery.


All banks, associations, corporations sBdsvsdusa
issuing bills for circulation cosrescy snA b
subject 70 and pay duty Of per centam each .sF
yoar from and after April l. ts03. the average
amount OF circulation bills currency issued
beyond the amount hereinafter named. That u
70 say, banks, associations, corporations indt-
viduas. having capital OF not ono hludrsA
hundred thousand dollars. ninety per centum shessdf
one hundred thousand aud not Two hundred
Thousand dollars, eighty per centum thereof: two
hundred thousand aud not over three hundred
dollars seventy per centum thereof three huUdreA
thousand and not over ave hundred thousand doiara
sixty per thereof I've hundred thousand end
not milton Of do'ars atty per ccntum thereof
over -mii;ioa and not over ni,sn aud bak d
dollars forty per centuDi thcreoi . million asL &
half over millions of d,ars thirty per cenann
thereof a,,d two millions OF dollars. t~ontv hs
er centu thereof In the Of banks with braDcbs
the duty provided shat, be imposed up0n tp
circulation of bills of SUCH branches ssvsraly
and upon the aggregate circulation Of ali. and IN
amount ofcapita OF each branch shall be cons'dereA
be the amount a'.ottei or used by such branch. ao
all such banks associations corporations aud indy
d,as sal, be subject to pay duty OF onehaH pe
cen.um half yesr from sad after Apc 1883. upo
the average amount OF uotos or bills ao otherwise her
III taxed aud outstanding as currency during tho .
months aes, irecadug tho return hcrein'prov'Ned 20
the associations organized add the "Act to provide
t;"nal curccncy' &c, shall DC the hcreiny
posed circulation Of al banks assoc'a iOns. cA
cations 1ni individuals, bal shall be assessed
collected required by said act. All bass
associations corporations aud individuals iss
ing issuing notes bi,a Toe c,rcciat
as currency &c. after April lsG:. N reprass1
lug auy fractional part Of do,:ar. snail bs ,t,sct 10
pay daty OF i've per ccutum each half year tasreso
upon the amount Of such fractional noes o. assa 'ssa
ASS ,ciators. corporations and I'D sidas's sJ a bal
wing deposits OF money suojec r. sment 10 che
or drafts except Savings nsiataus, shat DC subect
day of one sisn,h oi one per censrm yosr,
end aztec Apr;sl, 1898. the average aWcnrt OF -
deposits bsyoud the average Amount ot tina circ,aS
bills lawfully issued ami outstanding clrrc
. list return shall b. insde aud rendered WI
thirty days sitter the 1rs day Of october. 1888. ADD
SIX u,ouths thereafter, 70 Comm wsioaer III tate
Reyeuus, WITCH shat. contain irg; aud fs,ihai acct
tue amount % out ics accrued wa:rh should al
% Tho auoan; .: rrac, oaa circoa. M, and -
rage anc,n .: all other circulation AIT deposits los
months next prrrsdng.
White Il is true that tho Finsncc biii author ,ses
Secretary OF she Treasury to ISSUE his d.snrc,oo
Is equivalent 10 i've hundr 81 and nf;y m;iions Of
tender notes vet those vino familiar with tho ru
OF Nr. Chase c,ntdent ibsre VII We ~ such sxtrs
nary u currency. His Object Is I" pre-. sut
an inGailsn. Il is FOR the that he has cont
throughout the whris struggle With the Bcuse War;
Ncaus Commute Although the powsr ..ss kesE
hun to ssae ATTY millions absolutely, ~ aii,sio
the hundred millions Authorized ny special rosot
and r,aS. the four . Grr. picns o, interest be
uaes e;hc- legal tsn,iers convertsiss, there
aoub, that he viii, pos Idle, AVOID issuag
ale dollar - tbs currency, ard viii roiy cpcl
mint cepasits sao he Issue u iu;erest oeariag
at l.ar 10 creditors Of the government. And there 10
proha .ty that liz sill 5s able to carry ts oper
., the government without any further imitation
currency whatever.
n. hundred sed ATTY millions OF legal tsoiers
riy-d To- Ne exchange. sor interest bearing cote
probably never be yrnte. aud there Is aimO
n.iyh probability tia. the 6f:y millions Of
tenders authorized, 10 addition 10 the oo~
dred .niiluos directed to ne Issued by spccal
ton sr tho use or the army and nsvy, will new
printed The anxiety Of the secretary to cnack and
BATON es.s the belief that at the most the att
lions 40 W Il be pat in circulxiiou. while the1
s,font .sA.vp, ~ thr belief that not doar N
t.nurss in asd..s,u - those issued or previous
tn rzed TO he issued Will he circulated
REPORT on MEDIATloS AND iNTEgverri ION
The resolutions reported by Mr. Sumner of
cht-etis. from, he Committee Foreign Rclat.ou
conc irreJ in even by Nsssrs. Henderson. DsrS
Hlrss. It's border state members, asset that the
men, engaged IN the suppression os cUu- pr acy
establishment Of separate government apon the
sionr slavery aud for the building up OF gre,d
power ana thai he only effect Of mediation. arb,
neference would n to proong aud ,ntsasi
sr1gsle, and add 10 il. horrors AL tendencies to
nierven on are protested against and foreign
,nants and peoples are called upon TO note the VI
a. contest between freedom and slavery
DEBATE os TIKI coSscRIrrIoN BILL IN THE 81
The democratic Senators have opened today
discussion upon the merits Of the Conscrip'io
though Il originated in the senate aud passed
a division In the House fierce opposition nj
the democrats who succeeded IN -ngrsftipg
bill some important amendments IN behalf
liberty Of the citizen The democrat
the senate have been making IN for
no, opposing the bin by putting themselves riyh,
in both word and deed. The prsssien, was a, tn
toll and within hearing distance OF the deuuncisi
executive power by senators Iurpe and Garlic.
mer made = second Keen assault upon tho bill
abolitionsts. II was regarded effective
republicans Mr.. Garlic qaotei from q speech
mund Burke, 10 the British Parliament, which va
pirate to the present day. II srragned the Br'tii
erpmen, for forcing slaves upon the American
and denounced the policy OF iiberains slaves
putting down the rebellion.
uRs LINCOLN IN CONGRESS.
Mrs. Lincoln and suits we're in the Diplomatic
Of the Senate this evening
THE PRESIDENT HARD Ar WORK.
r...,x.., t,ncoln has occupied what IL known
pr..,a.r,,. nam At the Capitol to-day, TO fscl,
n,n,c business by saving the COMMITTEES On
mn. IN. trouble Of travelling the length Of rc,ns
.v.pne 10 procure his signature to them rh,.
-, practice Of the Chief Magistrate OF tho
towards the close Of each session
THE RxcErTioS AT rHE WHITE BoJss
The absence cC the rresden, made Il necessary
,roo,n 70 receive TO day atone. The reception
more numercusIy attended than any other du
SESSION Mr. stoddard, Private Secretary Of ~
dent. assisted Mrs. Lincoln In the reception Of IN,
II ,s II. ayst tiSoc that she has tovpd ccccssS