Daily Davenport Democrat. [volume] (Davenport, Iowa) 1864-1874, 1864-05-25
WAsHIsGrox. Nav 20.

WAshIdGroN, May ~.
IlorsE.-The committe. OH elections report
ed i'll favor Of giving the seat for DAcotah o
}. u. s. Todd.
The Senate amend ncnt to the national cur.
rcncy bill war then takcn up. An effort to
rave them rent to n cVufele. &C commit. @
iail, d.
Mr.. Gilman, Of Ind, moved that the amend
mcnts be lad on the table. THIS was dee DE- :,
III the negative a6 to 50.
The Senate had amended the l2t,. scctis N n,
the bill which provides that SHAREHOLDERS. shall
pc held Individually responsible By adj. ,uy An
exception that the shar. h.I ;crs OF snr b,nki,v
'ssociation how existing under State laws Lay
ing not less than $1,000 900 OF cap tai ac,u,l,y
paid Ill aud surplus Vi - per mt. ON hand
Doth to be determined by the cop,r,trulI.rs q,
the currency, shall he Liable . iiv to lhe amoun,
invested ia their q are, aud such .uruius .hafl
10 Kept unllmin:ihed anu &c in mddi ION TO the.
surplus provided tot i'll tia act, aid il ut An
t:uie there shall he u, iicencv IL. such sur
plus oI 70 per cent, TIE banking IA h,ciatio,
hall tot pay any dividends to its shareholders
uHtil such deficiency shall b. made 20 d AM,
III case Of such deficiency the coniuk,o,,r -,
'hc currency may compel the banki,,s associa
ton to c.ose its business aud wind w its fair.
under the provision OF his act.
Tue House concurred III the aboyc-- C6
to 81.
Tue House united the entire am. INT ~,
notes Tor circu!atlUI for 3UU, 100000. ~,
Senate had sMsuced II BY making . ae l,m,t
apply to either tho circulation y, c,u,,x,
stock. I ~ Il ,usv noncoucurr. 4 j.. ,n,.
tmeudGcnt b; q vote III S. su.u..t =,
leaving he limit to apply 10 s1e e,.cu
tion acne.
in
c'nasts a'uehdins nc that to-. Cc,putroll.r
upon tic terms prescribed by IT.. S.s,s
tary vi tue lr.asury, na, .sIm,t an *
change to to inside Il AZ; binds dcposit,o
with tie Treasurer by en .ssoc,a,nu, /,
other bonts y! the Ui.,teu State. .otb.,e
'z;d oy this act, tor circulating mas ~,
shall be y. opinion that such an ,>..,,,.,.
can bc IN AIDE without prejudice 70 r.,.. ~,
ed States. The House nad ilx1,.. 49,.
ot interest at not cxceed,og. Der c,..r
annuiD. Inc Senate st.u.N ,n,~ ,,,
substituted that the As.,,r,A,,,, ~,
charge the rate allowed by tn, ar
territory where tat b.uk ia located -,
more, except that wnen the las. .,e On,
STATE q H'rcnt rate IS limited Tor ts.n.x
issue crgah:E-u under state laos. IN. ,a,
~ limited shal bc allowed Tor a.su.,,,,,
organized IN suca ssste under s,,,. go 49,.
"otn tue rate Il hAei by lLe l.xs,t ~,
STATE Or territory, th' tAnx may ,rce,v. >,
eo.!ge = rate not exc eeding ;.Er cant.
Tue HJuse concdtred IL tu,.--i5t,s,
Mf. stevens SAID that Il . uu.t ,...n.,...
part ol tue bill had tLus as.n 81, .uc. -.
aud he thereupon ucy~ss 90 lay j; On ~.
table. Disagreed 50.
Toe Senate h.i amended the t,x,,;es. -
ton by providing that N lieu OF .x,.,i..x l...s
every association SHAT lpav ,ut, =, 49,.
cent each i.aif Year from January ls;. n ~.
tns aver &c amount OF lis notes in e,r:u,,,,r,,
anu daty VI per cen each hail war ~.
''.e n'e'ssc auoeht ct it- DEF o-its M. :. ,,.:,,
o. taper cent each half year on les can't.
ssosk beyond the amount iuy..t.d l., =
bonds; nothing to be construed 4, ,.rex.n ~.
market value vi the snsres md the real .s,.,..
u the associations 1 ON It IL vr ,,,,.,..,,,.,
saxatloa. 'A&e'psA
Zoe Sena IS amendment was now co,e,,,.d
t.. 81 test. u"eu
Tie House called upon all The s.n.....
',s-'sAu'ne'.s. Ahose to which tue House dis.
"s'eeu VIA W cent 10 tue Senate tvr furti,e
action. " "' s'e'
The House resumed the con .ae.o,;o, n a.,
reciprocity treaty. NC
Ar. Davis, OF ND +, ma r. \ .neech .,,;n.,
the proprie,y and c1ped .ep,v. mt this time
OF giving notice Of The. term,n.,;on ~ ,h,
reaty. VI Tue
The House adjourned.
cEsA1k-Ar. Van Winckle, from. he finance
reported tavosbty on n. ijou.e
oin to punish aud p event the courterf.;,inv of
coin Of the United States y
=, 20 motion Of MIR. Ho IMAM, the Brazil stes :
F',P OIL ~as taken up and passed.
!, - i.'efnsi revenue bill was then consid. |
20, snd The amendments Of the I'm. nee co..
\" 49,. ne acted On. Tho CLAUSE eeulstis.
..;... s.''es and salaries Of oalcsrs % - a.
.s".sa sSosr the las, .use di..,ss,seS -
s9endneste e ~ - ~ -. !