New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1864-03-11
xxxvnu.h CONGRESSES irs, Session.
SENATE. WASHINGTON. March 10, 1864.
TuR GOODYEAR RUBBER PATENT.

iii
an extension Of the patent of Charles Goodyear for vu
eanized rubber. Referred.
RAILROAD FACIsITIfs BETWEEN EEw-YoRK AND
PHILADELPHIA.
Mr.. MORGAN On, y. " presented petitions from
various citizens asking for increased railroad and mail
facilities between Sew-York and Philadelphia Re-
ferred 10 the Committee on PosOccs and Post Roads
Mr.. Ten EYtK tUn., y ID presented similar petl'
fiolS which were likewise referred
THE FRASKISG PRIVILEGE.
Mr.. DIXON (Un., Conn., from the Committee on
Pos,-Oftces and Roads submitted bill giving the
ranking privilege to the President ana NicefresGoh
which was passed.
THE EMANCIPATION PROCLAMATION.
Mt SUMNER from the Committee Slavery end
Freedmen reported bin providing that the Procana-
tion Of Emancipation issued by the President oi we
United 1863 sal far as same declares that the
slaves in certain designated states and parts Of States
thenccorward should be free, is hereby adopted and
enacted as a statute of the United States and rule
and article oathe government of the military and naval
forces thereof.
slLr or GOVERNMENT GOLD.
The Senate proceeded 10 consider the amendment Of
Mr. SHERMAN (Un, 0hO) to the resolution of the Honse
authorizing the Secretary Of the Treasury anticipate
the payment of interest on the public debt as fol9ws:
he l. hereby authorized dispose Of gold u he
Treasury Of the United States not necessary for The payment
Of interest on the public debt .
r. the amount OF Sl96l0479 over and above al aeOts
and standing accounts. At the average iG.e OF
receipts of late it viii receive between now and The
let Julv 2O72 us To meet dues and interest mp
10 that tine will REQUIRE $50 $40 100, thereabout.
This will leave in the Treasury at that date the sum OF
III. q
now has about sl9 700Co0 in gold on hand, and
10 receiving every day. The New YORK
sSnE hSGe on 4a9a at the Pe'RR he sacn tS
of gold in the country at this time about $40 100000 are
boarded withdrawn from the market with the pros:
peet that this amount viii be increased by the ISL oil
Juiy He argued that the surplus in the Treasury
should be thrown upon the market, ana the ehect o.
such action would be TO prevent speculation IN go'd ana
lessen the margin between gold aud paper. The only
objection 10 the measure seemed be that il placed
vast in the hands Of the Secretary of the Treasury
1t necessity in these extraordinary tmes that ne
should be clothed with vast powers The bill as pro
posed 10 be amended, wOnd enable him TO hold roo
over the spectators in NewYork and elsewhere. lie
thought the boarding of gold was ike man hldng ms
east of garnents lie thought had better leave the
Secretary Of the Treasury free 10 enter the market IN
possession Of this large amount Of gold as against spec9
Iaon at any time when bonds became deprecated
Mr.. HERDmCKs Dem Ind said IL seemed 10 hun
that this had not been considered by the FL
nance Committee with the care called i3T y the IN
the Secretary of the Treasury at any time 10 sell
$50 100000 Of gold without the knowledge Of any but
two persons in the Treasury Department. III so the
Secretary would be intrusted with greater power
over commerce and manufactures than was ever con.
ferred before in our history.
ting words: The Secretary shall first give tye days
notice in the newspapers Of Washington and New
would nsnuate that the Secretary OF the Treasury
honest, but he wond throw guards around his
administration Of his Office be would around other
officers. This extent Of confidence which he
thought should not be imposed on any public ofhcer.
The whole trouble in the matter is that paper currency
lie not worth much gold in reality and the differ
between them is increasing every day. and none
efthese propositions would give substantial relief to the
country.
Mr. SHERMAN said Mr.. Hendricks was mistaken in
saying that the Finance Committee had not given this
subject full consideration. Every man. who had gold
haa the power the Secretary OF the Treasury
The truth was that by the law Of 1862 had accumu
lated this gold. and must get rid Of it. He would b.
willing TO accept proposition that the Secretary shouC
report at subsequent time the time place, and man
ner Of the sale of this gold AS to the power conferred
upon the Secretary, he now had power to enrich an
would exercise it. he hoped the President would
him: He did not have . suspicion of this kind.
realize profit this gold, it Wen to keep III
capitalists of New-Y0rk ignorant OF the intention
The further consideration of the bill was postpone
entU ~; 30 tomorrow.
--. T THs FAY FAY OF OF s SCI DTSRs
The senate proceeded % consider the bin eqn.ziiR
the pay OF soldiers in the United States Army, W
qaesion being the pending amendment OF Mr. Da.i
70 allow Commissioners to be appointed by the Dstrie
Courts value and award fair compensation 70 10Y 4
masters for their slaves taken into the service
MR.. PoMERoY ON THE CHASE CIRCULAR.
Mr. PoMERoY Gun, Kansas addressed tie Senate
He said there had been considerable curiosity mani
Tested here and elsewhere TO the authority and genu
ineness Of circular issued by him, as Chairman Of the
National Executive Committee. Such curiosity was
very audabe and be took occasion TO say that he I'D
issue the said circular and that 1t embodied the views
OF the National Committee upon the subject presented
The Committee was instituted IN the usual manner at
public meeting convened in this city in anuary last com
posed Of Members of Congress and citizens from nearly
every loyal State in the Union all OF them OF the most
Qnouestionable loyalty and devoted 10 the Union and
Freedom the best means Of restoring and preserving
the Union The object Of the Committee to unite The
sentiment Of the country upon men ana measures td
10 the times There nothing secret about the elI
ruar unless some person marked the word secret on
il to attract attention and give wider Circulation
order 10 notify the country OF the existence OF SUCH
Committee and the purposes OF It's organization coe'
were sent by mail to the President judges Of Confs
Governors of States and other distinguished persons II
the loy portions Of the country lie did not know thai
the Secretary OF the treasury was oons'sd in Ieie
nce 10 the organization Of the Committee SO far as he
hnew, the Secretary was ignorant OF the persons
composing the Committee as also OF ite aetion his
however the era Of drafting men into the service
Of their country without notice and in that spirit the
Secretary drawn. and he omeroy) believed him 70
be the proper person whom the people would dehghf u
honor He was yet TO lind the man friendly TO rec
dom who does not cOncede that the choice OF the Com
uttee would deposit the responsibilities Of the EIecu
tive Government in able and safe hands The National
Executive Committee still lived and through 1t we
hoped TO stimulate, encourage and combine the loyal
men Of the country vigorous and successful
prosecution of the believing that aspeedy issue To
three years doubtful conflict win save the credit Of
the Nation the lives OF the army and the very hopes o.
a free Government among men, In the absence of ans
other political organization fully representing our views
this thought the opportune period to initiate an or
ssn.aton Of thorough and earnest men, "ho: sathel
the past shall become the safe, successful enc
controlling party Of the future Mr. Pone
roy proceeded to give history rt Gi s e s I,st
they had to be superseded by parties with living
Issues. The mission Of the Republican party wa'
ended when its work accomplished; that WORK a.
10 stay the progress Of Slavery. 1t never pretended
aim at more. 1t made two splendid campaigns, and
died in its last triumph. Secession the foreranner
the war commenced at the opening of the last Congress,
Of Mr. Buchanan's administration, and step by steI
in QUICK saocesson Slavery committed It's overt act
Rebellion and treason. How slow was the Admipistra
ton To comprehend the cause Of the Kepeon snd th'