Muscatine weekly journal. [volume] (Muscatine, Iowa) 185?-1890, 1864-04-29

6SSNC pass soSO06N V0t AsssSO w 49, SlVuy .
The letters. also say that Secret ~ Chase is
n. Blair added, TO oppose Pres dent Lincoln,
who gave Secretary Chase his place.
Mr.. McClurg said if it be the pleasure OF
the House, he would postpone his remarks
until the tax bill shall be disposed Of. He
believed the members (Blair's) character, il
he has any, would not suffer blythe delay,
and he was sure his own would not. SSH
He gave way 70 Mr.. Morrl, who moved
that the House resolve INFO Comm ttee of the
Whole on the tax bill, which prevailed.
/ t'-! ,a-"H h. WASHINGTON, April rs.
SENATE. Mr.. Hale introduced a bill to
amend an act to promote the efficiency of the
Navy Referred to Naval Committee. q
Mr.. Wilson submitted a resolution for ap-
propriat'ng % million for the pay and sub
~s'stcnce of the militia to be called out BY the
President. Referred to Military Committee.
The House bill to establish q postal money
order system was taken up.
The bill passed after beng amended.
The bill relating to ranked matter was
also passed. .. .,d.
Thu Senate then, on motion of Mr.. Wilson,
insisted on its amendment to the bill estab-
l.shing a Bureau Of Military justice, aad
agreed to q Committee Of Conference. 5
The Senate next proceeded to the consider.
alton Of the House bill to provide FIR national
currency.
An amendment to the bill offered by Mir.
Sherman was adopted. Ii Is to the effect to
admit the Bank Of Commerce of Nev York
into the provisions Of the bill making share
holders liable 10 the extent of their shares,
SO long as the surplus fund of 20 per cent.
shall remain undiminishei. &
M. Colla,ner callea up the Senate reso!u,
lion in relation to franksd matter. 1t per-
mits all commune II tons, OF whatever origin,
to be received by the heads of Executive De.
partments and Chiefs Of Bureaus, where en-
titled 10 the frankirg privilege, without being
endorsed ,'offi .ial BUSINESS" PISSED.
The bill for the relief Of the State Of Wis.
cousin was called up by Mr.. Daolittle. as un-
finished business aud made the special order
for Monday next.
Mr.. Sherman called up the special order,
which was the b II to provide a national cur
rency secu ed by a pledge Of United States
bon's and to provide for the circulation and
redemption thereof. gogt Pa
Mr.. Sherman expl ,nsd that this bill re-
peals the act Of the last Congress. though
nearly all the provisions OF that bill are cen
aimed in this one. The chief differences
are: FIRST, the bill Of last year required banks
organized under the act TO redeem their own
nosrs at their own counters. but this bill
names certain chief cites where the notes, Of
different banks are 10 be redeemed in ad Il.
ton. The second change was in regard to
taxation. There having been some doubts as
10 whether the banks were to be Liable. to
both The G .vernment and State tax, in this
bill that matter is clearly defined. The third
and 4th ctangss are in regard to State banks,
improving the system by which old banks
may come in under the law, aud regarding
ssockhold rs individually liable to the amount
0: their stock. The fifth change is as regards
interest, but the Senate committee proposed
to strike only the uniform rate of seven PER
cent. as established in the House. The SKI
change provides for tbs receipt of five per
cent. as well as six per cent bonds of the
United States as the basis of circulation, to
be kept always at q margin of 10 per cent.
ON thar market value. T
The seventh change allows the is,ue Of
notes of a less denomination than five dollars,
to the extent Of one-i tn Of their entire issu.
oA " AASe@o w w WllSs EDCS'C
pay mems are resumed.
The Senate proceeded to consider the bill
reported by the Finance Committee. That
on year after the LIST day of January, 1854,
upon the average amount of is notes in cir.
~cu!ation AMI a duty Of one fourth of one per
c,ntum each half year as aforesaid on the av-
Gag amount Of its cap tai stock be ond the
amount invested in United States bonds, WAS
q. bated at some length, by Mesars. Chandler
and Henderson 10 opp ~,sltion, and Messrs.
Sherman and Fessenden in support Of it
" lthout action, the Senate, ut 8 O'clock, IL
journed,
HoUsR.-Mr. Stevens asked leave to offer a
resolution that as a general order of the Wa.
Department has assigned Mai. Gen. Blair to
command OF the 18th army corps, the Pre>i
dent be requested, if not inconsistent with
the public interests, to inform THIN who ther
Blair is q Major General. If so, when he was
appointed, and whether said Blair resigned
his cnmsniss on as Major General before he
took his seat in Coz gress and what action
was taken on such resignation. e
Mr.. F. Wood offered a resolution that til.
Secretary Of War be requested to furnish the
House, if no. incompatible, &c., with the le-
pert Of Gen. DIX conceroing fraudulent trans
actions in the New York Custom ijouse.
Mr.. Pomeroy objected to bath resolutions.
MIR. Morrill, offered joint resolutions raising
the duty ON import tax from and after its pas
sage, from and after July LIST, 1864.
Mr. kasson offered a praviso that printing
paper assigned and used for books and news.
papers exclusively be exempt from the oper-
alton of the resolut on.
TIE House went into . Committee of the
Whole on the revenue bill.
Mr.. Holm.n, Of Ind'ana, offered an amend.
ment, which was r jected, imposing a tax cf
4 FER c Mt, instea. OF q on gains and pr fits
or i ,coms which shall be derived from inter
est on notes, bonds, or securities Of the
United States.
Mr.. Holman offered another amendment,
which was adopted, that incomes derived
from the interest of bonds, notes or other Sc
curigies OF the United states shall be iuc' uded
ir the estimate of income under the section
which PAGES a duty of 5 per cent on all over
5000. ....
Mr.. Frank, Of N. Y, offered an amendment
providing that on incomes exec ding $500
and not more Than so, 900 a tax of five per
cent. shall BIZ imposed. On incomes of $40,
600 and not exceeding 1900, 600 o tax of
y per cent. H.T. q III z9,.e @
In support of this Mr.. Frank said the
COMMITTEES on Ways and Meant have them
selves graduste ted taxation in this bill, which
in effect was an Argument in support of his
proposition. .t ee ~ "a
Mr.. Stevens sad this amendment would
levy q tax as a punishment on men because
thcy W. 70 rich.
After debate Mr. Franks amendment was
adopted-73 to 35. 91 r
Mr.. S evens moved as an amendment to
tux the s~ilaries of members Of Congress 10
per cent, which was voted down by a l,rge
majority. -
Many other amendments were offered and
a.
Il HOUSEKEEPING SESSION.
Mr.. Julian reported from the Committee on
Public Lands, the Senate bill, which passed,