New-York daily tribune., 1864-04-07
CONGRESS

SENATE. April 6.--Mr. Grimes presented bin re
peang the joint resolution authorizing the transfer
men from the army into the navy. Referred The
Senate proceeded 10 the consideration Of the joint resou
ton amending the Constitution. Speeches made
by Messrs Harlan, Salisbury, Hale, MeDougall and
Powell. MIR. Powell proposed an amendment as an ad
dtonal section providing that the President and Vice
President shall not hold their offices more than sA
years 1t was rejected l2 TO 80. The bill passed to
third reading The Senate then adjourned without fna
action
HoUsR-Mr. Pendleton reported bill, providing
that the Secretary Of State the Secretary Of War the
Secretary of the Treasury the Secretary of the Navy
the Secretary Of the Interior the AttorneyGeneral'
and the eneral shall be entitled to occupy
seats on the floor Of the House Of Representatives with
the right to participate in debate upon matters relating
20 the business connected with their respective depart
ments under such rules may be prescribed by the
House. The bill further provides that the said Secre
taries tho Attorney General and Postmaster-General
shall attend the sessions Of the House Of Repre-
tiyes Immediately the opening Of the sttings on
MONDAYS and Thursdays of each week TO give informa
on in reply TO questions which may be propounded TO
them under the rules Of the House. In order to carry
out the intention of the BILL Mr. Pendleon reported an
amendment to the rules The House proceeded to the
consideration Of the National Banking bill Mr. Hooper
made the closing speech. The House then proceeded
30 vote on the various amendments agreeing TO that
authorizing the issue Of notes Of less denomination
than five dollars by vote of 76 against 81 and agreed
to another amendment that not more than onesxth OF
the notes shall be Of less denomination than i've dol
lars; and when specie payments are resumed such
small notes are to 60 ont of circulation. The House
concurred in the amendment that any bank or banking
association organized in pursuance Of the laws OF any
State under the articles Of association which prohibit
specified changes therein, may be changed and con-
verted into National Banking Association under the
provisions Of this act without any change in the articles
Of association and its directors. at the time OF such
change may continue in Office and their successors may
from time to time be elected appointed in the manner
provided by its articles Of association. The vote on
concurrng was, Yeas. 65; Nays 60. The House then
agreed ~ against 6 to amend the amendment that the
taxes on duties imposed by Congress from time time
shall he in lieu Of all other taxes said associations
The House then voted on the amendment that the rate
of seven per centum interest fixed in section 80 shall
be deemed the lawful interest in all the States whore
rate Is established but eaeh bank shall be bound by the
State law regulating tie interest in the State where
s located This was ccncurred in, Yeas. 60 Nays 49,
The House then voted the section, that nothing
in this act shall be Construed to prevent the taxation by
States of the capital stock Of the banks organized under
this act the the property Of other moneyed cor
pOrations for State municipal purposes; but no State
shall impose any upon such associations or their
capital circulation dividends business at higher
rate of taxation than shall be imposed by such upon the
Same amount Of moneyed capital in the hands of ind
yiduai citizens of such States. Agreed to- Yeas, s
Nays S. All the amendments Of the Committee Of the
Whole were concurred in. Mr. Stevens (Un' fa.) OIL
fered substitute for the BILL 1t being the same as the
original BILL with the exception Of restoring the uni
form rate Of seven per centum interest and leaving tax
alton with the National Goyernment-withdrawing 1t
from the State Governments Rejected. Yeas 39i
Nays, 7s. The original bill amended now came up
Mr. Spaulding offered a new section, which provides
that each and every banking association created under
this act any other hereafter passed. shall receive in
payment of debts the circulating notes OF all other
banks without depreciation discount from their nom-
lpal value Mr.. Stevens moved to lay the bill on the
table Motion carried-Yeas. 50; Nays "A. This Kills
the whole bill Adjourned.