New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1863-02-10
xxxyIx,h CONGREss-Third Session.
SENATE. ..WAsHISGTOS, Feb. 8, 1863
pEpnRT OF PAYMASTER.G GENERAL.


A communication was received from the War De-
partment transmitting report from the Paymsster'
General showing what regiments were not psio up
to the 3lst of August 1862 and the reason therefor
Ordered to ne printed. .,
Mr.. SHERMAN rep, o. presented the creden;
tials of the Hon. +. b. Wade, reelected United
States Senator from Ohio for Blk years from Tue 4n
of March next.
Mr.. HARRIS rep, N. " presented the resolu-
tons Of the New-York House Of Astepoiy 10 favor
OF the reduction Of the duty on printing paper a0o
one in favor OF n Bankrupt act.
Mr. KING lRep., N. " presented the memorial
Of Thomas j. Dwight in relation 10 system oi
finance; also a memorial from bankers and mer-
chants of New-York, asking that the notes OF Tie
Government be received for Custom House duties.
Mr.. LANE rep, Ind.), from the Military Com-
mittee, reported bill to organize si9hai corps
during the present Rebellion.
Mr.. WILSON rep, Mass.l, from the Military
Committee reported bill for enrolling ana calling
out the national forces
Mr.. WADE Rep Ohio offered resolution re-
auesiing the Secretary Of the Treasury 70 co'n'nu
ncate TO the Senate the amount of Government
cotton sold in New-York since the blockade OF Tue
Southern ports, the amount OF commission anu
storage and the Damss of all persons Interested Ia
snch salcs. Adopted.
MIR. SUMNER rep, Mass introduced bili 70
raec additional SOLDIERS for the service o. tDe Chieu
States.
Mr.. GRIMES rep, Iowa oferedu resolution, re-
guessing the President TO communicate to the senate
il not Incompatible with the public interests, inc
character OF the suggestions nude by the secretary
of State OF the United States to NJ. Mercier the
repr sentative of the French government, az related
BY him TO VI. Thouvenel, which induced NJ. MERCER
10 undertake mission 10 Richmond, ind what rep
reservations he was authorized to make from tie
Gov ment, from the Secretary OF STATE 10 Tue
Rebel authorities. Adopted.
Mr.. LATHAM Dem, Call offered resolution,
which was adopted, instructirg the Committee on
Post Offices and Roads to inquire into the Necessity
Of granting a transient right for stations " the
Overland Mail Company.
Mr.. GRIMES called up the bills relating 10 tbs
District OF Columbia. which were passed.
bill 10 amend an act relative to roads and high,
ways; bill to establish the cihce OF Register oil
Deeds u hill TO incorporate the National Assocli-
ton for the Relief OF Colored Women and Children.
NATIONAL CURRENCY.
The CHAIR called up the special order, when
was tue bill to provide for u national currency, Sc
cured by the pledge oi United States stocks, aud TO
provide for the circulation and redemption thereof.
Mr.. DAVIS (Un.. KY moved TO postpone tue
special order aud take up the bill regarding the az
poniment OF midshipmen. Disagreed toy cas-, w
Nays, 81.
The Currency bill was accordingly taken up and
read.
An amendment was adopted Increasing the
amount of circulating currency from S2Uo,UVlOoI TO
$500, 900 00J.
Several other minor amendments were adopted.
Mr.. SHERIDAN Qiep, 0biol offered an amend
ment providing that existing banks may become rs.
socatons under the provisions of this act lie said
there was crave legal question as 10 whittier the
banks, being creatures Of the law, could Change
their character under their chartefs.
Mr.. FESSENDEN (Rep., Mel said the amend.
ment simply to give the asse ut Of the United
States such charge, far as il would 20, leav-
ing the ascent of the State to te obtained, If neces-
saIy.
Sir. HARRIS desired to have the State Banks
avail themselves OF the conditions OF this bill 10
certain extent. lie thought that none OF the Banks
would give up their charters, but they might adopt
this currency h circulation
Mr. FESSENDEA thought they might do that
row TO IA certain extent. We could not interfere
with the s ate charters in any way, but could only
give tie consent Of the United State. =
Mr. POWELL I'm. Ky.l was Of the opinion that
Congress hal no power ~ authorize individuals 10
organize a bank without the consent o. u State.
Mr.. POWELL offered an amendment that each
and every banking association, organized undsr this
act shall be- required 10 keep ia its vaults goN aud
silver coin tie amount Of one fourth OF the amount
OF notes 1t is authorized TO
Pending the question, the Senate went into EX-
ecuIiye Session, and thereafter adjourned.