New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1864-05-25
HOUSE OF REPRESENTATIVES,.
,r,rc .ru, r.poAf DAKOTA

not and that John S. Todd is. entitled TO seat as
I'M, sabect was laid over for future consideration.
NATIONAL CURRENCY BILL.
The House then took up the Scnate's amendments to
fhe NItrnal Currency OF Bank bill.
Mr. HOOPER Gun. Mass unsuccesStqlly moved a
porc,ucurence in the amendments. and that Com
mi'tee ri Conference he asked of the senate.
This WaS resisted by several members who desired
M DppIr unity for discussion In hvemlnue speeches
Mi HOLMAN Dem, Ind) moved that the amendment
ie laid On the table
This vas decided in the negative by a vote OF 30
egHn,, a. $50 IN
which provides that shareholders shall be held lndvldu
a responsible by adding an exception, that the share
hold r of any banking association now existing under
Stats laws having not less than five millions OF capai
actually paid in and surplus Ot twenty per oen' o..
band boh TO be determined by the Controller oi ue
Eurrency. shall be liable only to the amount invested
IN their shares. and such surplus shall be kept unuimn
shed and be in addition 10 the surplus provided for IN
fhs and if al any time there shall be dencehcy IN
said >rrpus of % per cent the banking association SHAH
not nay any dividends its shareholders until such de-
fcency shall be made good, and in case OF such de
citucy tho Controller Of the Currency may compel the
banking association 10 close its business ana WIND up
its affairs under the provisions OF this act go.
The House concurTed in the above by o against a.
The House limited the entire amount OF notes Tor CIR
eulaion TO three hundred millions Of dollars The sen
ee hat amended il by maxim the limit apply 10 either
III circulation or capital stock.
The House non.concurred in this amendment by
vote = against 77leaving the limit to apply 80 the
Tho House, &c against %, concurred in the Senate
sciibsd bv the Secretary Of the Treasury NAV permit
an exchange be made Of any of the bonds deposited
with Treasurer by association for other bonds Of
fhc United States nhorzed by this act 10 be received
Is security for circulating notes If he shall be OF the
opinion that such an exchange can be made without
frei1dce to the United States.
The House had fixed the rate of interest at not ex
Coeing per ccntum per annum.
The senate struck this out and substituted that the
ass cstons may charge the rate allowed by the state
or Territory where the bank is located aud no more.
excep, that where by the laws Of any State different
Hrrf Ftfffy
STATE laws the rate limited shall be allowed for 49,
quotations organized in any such state under this act
end when rate Is fixed by the laws OF the state
pr Territory the bank NAV receive or charge rate not
exceeding per centum etc
The House concurred in this by Yeas Sc; NAYS %.
lMr. STEVENS Un Pa said that the most important
part OF The bill had thus been stricken out. and he,
therefore. moved to lay It on the table.
This was disagreed 10 by vote of - against -.
Tie Senste had amended the taxation section by pro
vidng that in lieu Of existing laws every association
shall pay duty OF one-half per ceDtum each half year
Goes in circulation, and duty Of one-quarter per
Sentu each half year upon the average amount OF Us
deposits and duty Of cne-quGrter per centum each
half year the average amount Of It's capital stock
DE ord the amount invested in United states bonds
Nothing to be construed TO prevent the market value
f thu shares and the real estate OF the associations
tlom StIte OF municipal taxation.
The SeIate's amendment was nOnconcurred in by
, TIE House acted upon al tine sens,e's amendments
Qhose which the House disagreed viii be sent to the
Senate Tor further action.
Mr.. PATTERSON (Un., y. H. reported bin 10 IN.
corporate the NewsbOys Home IN the District oil
Mir l;rooKs Dem " y wished TO know what
svoud be the use OF such homes If newspapers were 10
BE suDpcssed in that there would DE- no
s MI Cox Dem. Ohio expressed his surprise At the
remark of the gentleman from New York (}roOks) for
81 the newspapers suppressed not only the boys
themselves but the gentleman himself might want u
Mr. EfpRrpeE (Dem., Wis., would ike the gentle
man ff,U New York Brooks 10 inform him whether
Tors Of newspapers in the forts Of the North
Nr BROOKS replied that perhaps some gentleman on
the Republican side could give the information As Tor
Aimsef he not organ Of the Administration.
Nj KEENAN, dem, y. y desired to say few
words coming as he did from State whore the people
Nere srely aggrieyed from spasmodic energy when
framped down The rights Of some Of her citizens
Nj MORRILL, Un., W. suggested that the discus
sion Of The suppression 81 The HorId aud JoHrna! CG
els not in order on this BILL which was desirable
20 pass merely 10 secure insurance on the building
billie NowsbOys' Home.
9 The SPrAXRR sustained the point Of order.
3 Nj. kHRNAN said that IL would be idle 10 protect
1ew we do not protect citizens whose rights have
been violated II 1t not IN order for HIN To express
ts views on this grand inquest Of nation he desired
Sat an express section be added TO the bill providing
thst the press shall not be suppressed by the arbitrary
will OF an executive officer.
Mr. MORRILL, again raised the question that the free
dom u the press was not pertinent 10 the bill
The >PESgER again sustained the point He said the
bill merely provided for Get Of Incorporation Of
Home foi NewsbOys. and such remarks were no more
eppropr ate TO this than 10 land or pension bill
F4Mr KERyas Diem " " remarked that he simply
Desired 10 call attention of the House TO the impor
fancc Of the subject in It's effects on the well being o. the
country and show that whenever an Executive officer
shOud bv mistake from impulse do an act the ten
tency Of which was 70 ALLEVIATE the people the Govern
$ent w, pIpportionatey weakened.
Mi SrrTESs I'm, PENN hoped the gentleman from
Tew.YJrk (Kernan) would not now be allowed 10 90 on
Sny Dnger and with view Of an accommodation lor
speech would that the evening be set apart ior
tLat purpose.
Nj. kERNAS replied that lie would be happy 10 DC
beard 10 any time
Mr. BROOKS dem. y. y moved 10 recommit the
bill with instructions mat Us provisions shall be MADE
% apply the newsbOys Of New York provided II SHALL
Dot b. lwfu for the Executive any other person in
author suppress newspapers by military force thus
lepri,ing newsbOys OF their employment.
The STALKER said tie amendment clearly out Of
order
Nj. BROOKS then modified Lis proposition 80 as 10
instruct The Committee to report new section 10 the
bill providing that newspaper shall be suppressed
81 Washington or its editor incareeTated without due
process, Oi law"
1le STALKER for the reasons before stated pro-
Bounced the proposition ont Of order.
M. COX Dem, Ohio asked the Speaker whether he
had ever read the Constitution.
The SPEAKER replied that he had not only frequently
read 10 Int had sworn 10 support il beside.
NJ KEENAN, resumed the foOf, and proceeding
Siui bis remarks, when
eNHcy.
III KEENAN, said he had supposed he might make
gone suggestions because from recent events the
boy, liable NJ any moment to be thrown out VI
Ampsvmelt.
TheSPEAKER again pronounced the gentleman out Of
tdcI.
Nj. IRooKs who had Yielded to Mr.. KEENAN,, re-
s'meT n. floor. He SAID 1t was the PRIDE oil the
cfaker Of he House as well his OWL that IN their
sSy days tny were newsDoys, and had been educated
80 t. Journalistic
Mr. NELSON coer., y. y asked his colleague whether
h. in favor 4 continuing the home at Fort La
{hyette