The Cadiz Democratic sentinel. [volume] (Cadiz, Ohio) 1854-1864, 1863-02-18

per, and the resolutions OF the same body in
isvor OF q. general bankrupt act.
| The House took up Senate amendments to
House bill to iademnlly the Presidsat for
arrests made pudef The suspension ofths hs-
I beas corpas, "a. Exposition was manifested
70 take tote On the amendment WITHOUT
debate Wien hfs VoOrhiss moved q Aljcurn.
I Neeatived -.
mn. vAilapdishAn moved a cal Of the
, House,
Mr.. Yoorhies said II the consideration OF
the subject be postponed until Tuesday, as
suggested BY Mr.. Steyans, for the purpose
OF allowing debate, all this trouble would
.IhAhis thete was general cohcurreucs.
I The House then went into committee oi
tthe Whole onthe naval appro, o,,tiation bill =
No further amendments were made. The
bin was laid aside, to be reported to the
House. 's5a fs-'i~''l e''ssss-s ssfsSsstV
The lortifcation, bill was taken, mp. An
lame ndment was for $500, 600 for the Iortifi-
4cat,ons OF Washington y1.1si sia ni re
The committee rose and the House passed
the loliificaiion bill. Adjourned,
\ hs-ap AiaSs E----s 37IIaJ 2Aj s-i5i
/ -sT .gss az 5WAsaINaToN. Feb. 10. b.
SEYATE.-Mr. Wilson, reported back the
bill to Withhold pay Of officers absent from
Fduty. e, ,EaissIal99b al ;zaiTg II s51'
Mr. Summer called up the bill to prevent
correspondence with the rebels. Passed
Mr.. Fessenden called up the bill to provide
Ifor. ways and means to support tbeb Goyern-
Imen:. An amendment was adopted making
the interest on notes authoI zed by the bill,
land certificates OF indebtedness hereafter is.
sued payable in law uI money instead OF coin
also. an amendment reducing the notes to be
issued to one hundred and fly millions, in
i stead oil three millions, including the amount
Issued by the resolution OH anuary II, 1868
't'rhe section allowing coupons on bonds
4 aud notes to be received for customs thirty
days before due and after due, was stricken
QUIZ uHl,EELi T1tt ,frG fOU ErHs &
Mr.. CLARK moved to amend the proposed
iltax OF two per cent. on the circulation OIL
the banks, so as to make Aitiope per cent
Tor two years., and two per cent, after that,
Mr.. Harris said lie could vote for no such
amendment, as he deemed 1t declaration oi
!. war against the banks. II was a notice q to
them that they must wind up their Affairs il
two years. The banks had nobly support ted
the Government, and he would not vote Il
destroy them. ..f....... -. ,.e
| Mr. Clark said he offered an amendmen,
to relieve, not destroy them II the scheme
passed yesterday was to go into effect. tina
circulation must take the place Of bank cir
culation. He was ready to sacrifice any thing
10 save Government. t,eqs..sr .sqorYsy,.,
u MIR, Fessenden said the Senator from New
y, York was willing yesterday to vote Htof III,
bank bill 10 aid the Government, but,now h,
was not willing that bill should go into op,
efatior. The very essence Of the bill passet
:. yesterday was TO introduce new, circulation
to take the pace OF bank circulation, but j
the banks were to still 60 on Issuing all tn
notes they pleased, it would render r tn
t new. plan nullity. This tax was designe,
] as pressure on the banks, 10 indlie then
to come under the new arrangement ,anC
help make o uniform currency all over the
q country.
= Mr. Harris contended that he had supper
ted the new banking bill, as ayoluntary sys
D Item, which the banks woudreceiye and no
Y as measure to exterfDihate and make wa
on the State banks. .reass.yntJ speigs8eE
Mr. Chandler said the question was wheth
Q / er we should support the Governinent or pro
tect these State banks at all hazards. Wha
would the banks be worth II the Cover men
went down? They would be worth moth
; ing. This question was Of ar greater impor
: tance than banks,
!, Mr.. Harris was willing to tax the banks a
heavily as they could bear but not to exun
!, guish them. ..sgy a.,.-.-,... .-..., T.
!, Mr.. Powell declared that there was
|, scheme to destroy legal banks and substtu,
J, a worthless currency, founded on depreciate
bonds.@ He said the policy OF the Secretar
: OF the Treasury had been wrong and ruinOu
from the first, and il he could not carry Q
e the Treasury, he ought 10 resign and nc
o flood the country with trash never redeems
e BILE in coin. ~
!. Mr. Fessenden said the gentleman fror
i, Kentucky had very peculiar views about cal
n trying on the war. He said be was loya
e 4 and wanted to preserve the whole country
r but would do nothing TO put down the rebel
IS ion. He woalc let them go on. Though ]
d said it was all wrong. He would do notl
d ing To- stop them, ,7oBet he was o ioyi
IN man. .TDgtysyg8 .NBf ttl4hEE
2 Mr.. Powell-As loyal as the Senator fro
to Maine, a!drsgs4 g;lt ysaau4 si*iwg0,
, Mr.. Fessenden said he did not dispute
L9l only they differed in their modes OF puttil
F down the rebellion. 3, He (Fessenden) won
le defend the country, and not allow the IT
\ States to be overruled by savages. The se
20 sator from Kentucky said be would do 4
ry that but would not vote y dollor. He opp
VS. sed the war from the beginning. The Sen
tor from kerieucky would have nothing b
k. fgold paid by the Government. He who d
n, lends the Government by Attempting VIII
g, wasp impossible and in order TO do, that \
sr, should NOT use the means. -
ih] ~ Mr.. Powell said be had not claimed III
, 1.-THE Government should use oil gold. aEl
N, had ,epeatt dly stated that he would use
ne prop r local banks. 1'2''-4' @ ''1'
b.. Mr.. Fessenden--Suppose you cannot G
III, prper2.er .4 ny. ..,,....,
Mr~Powell said they could get it as tn
ce, could get gold-@eouid take II IN pay tacnt
'f9I th. public dues and .tof taxes,r7nnlIeR9
off Mr.. Fessenden said the Senator object
in. because the Government chose to use its o.
~ paper, Everybody knew ahat,, no count
ad sver carried on war with coin,s and ne'
ist could without nakingits own papsrl But /
q \ Senator complained because, the Goyerme
int put its own credit into the market. inste
le OF putting itsel at the mercy Of everybo
of who chose to prey upon IT,. II was imp,
ers sible to obtain gold to carry on the war
he We had carried on the war Tor two yea
y : and the credit OF the Government had bt
ing sustained nobly before the world by the ,
ate ertions OF The Secretary Of the Treasury
he Now the: Secretary came tous and explair
ri. that things had arrived at such a state 4
sfter nncli constellation and careful thou
on aud study, he had decided that this or, 50
s. a other plan was necessary in order TO ca
u. a. 4 Al G,n nd nh