Daily national Republican. [volume] (Washington, D.C.) 1862-1866, 1864-06-01
CONGRESSIONAL.
THIR TY-EIGHT co q @ RES
First BessiOn.

IItFN n
MEpNEspAY. June 1. 1864

"WEDNESDAY, June i, 1854,
Mr.. Sherman, from the committee OF con-
ference on the dsaRreelng votes Of the two
Houses on the rational bank bill, made report.
He explained that there were only ak points Of
difference between the Senate and House, the
latter having generally agreed to the formers
amendments. The most material amendment
is to require all banks East aud West 10 redeem
their currency at par In New York, instead of
allowing the Western banks one quarter of one
per cent. discount on their notes, redeemable
In New York.
Mr.. Halo asked what was the difference, as
TO taxation, between the National and State
banks In this bill.
Mr.. Sherman explained, that In this bill the
whole tax relates TO the National banks, the
State bank subject being LEFT to the tar bill.
The rates imposed by this bill are, per cent.
on circulation, per cent. on deposits, and l
per cent. on capital not invested in the bonds
" the United States; and State taxation OF the
shares OF the banks is permitted, In the hands
OF holders, to be paid at the place where bank
ls located.
The report was agreed to.
Mr.. Wilson, from the Committee on Military
AfaIrs, reported favorahly on the Joint resolu-
tion rendering the thanks OF Congress and
awarding a medal to Lieut.. Col. Bailey, enRi.
neer Of the 10Th army corps, for his skilful and
important services In damming the Red River.
Mr.. Sumner, from the Committee on For
elgn Affalrs, reported back the bill for permit
ting he transportation Of goods for the British
provinces through the United States, asking 70
be discharged from its further consideration.
| Agreed tn.
Mr.. Anthony reported, from the COMMITTEES
on Printing. the House bill to amend the &C
relative TO public printing, and It was passed. {
Mr.. Howard, from the Judiciary com mittee,
reported back the bill extending the jnrisdic'
tiOn Of district courts, with . recommendation
that II do not pass.
Mr.. Harlan, from the Committee on Public
| Lands, reported on several bills, asking 10 be
discharged thsrefrom, including one to eK.
c'ude disloyal persons from the lands of the
United States, and that Il be referred 10 the
Committee on the Judiciary. Agreed TO.
Mr.. Hendricks called up the bill for the re.
lief Of the State OF Wisconsin, To pay her FIVE
per cent. Of the sales Of public lands within
her limits, and IL was discussed until the close
of the morning hour.
HOUSE OF REPRESENTATIVES.
| Mr.. Jeuckes, OF Rhode Island, from the select
committee on the subject, reported bill Ia
establish a Uniform system OF bankruptcy
throughout the United States.
| Mr.. Jenckes entered into an explanation o
the provisions OF the bill. II dealt with bank
ruptcY as q thoroughly practical question, and
provihed for both voluntary and involuntary
bankruptcy.
II brought the failing debtor and the creditor
to q settlement on terms mutually beneficial tC
each. II discharged the honest debtor on the
the surrender Of his property, and afforded pro
tection to the creditor against the fraudulent
practices and reckless conduct ofthe debtor
Besides It secured complete uniformity in tn,
mode OF proceedings.
hr. spsuldlng said the select eommIttet
challenged n critical rIRminAtinn Of this bill
| [Mr. steele, OF New York, offered . resolu
tiOn, which was not read, relative IN seWersg,
and drainage In Washlngtonj which was Te
ferred u the Committee for the District OF Co
lumbia.1
Mr.. Holman, Of Indiana, moved IN poStpSn,
the bankrupt bill till tho second Tuesday o
| De s'ember.
Thls was disagreed to-yeas So, nays "a.
The subject went over TIL Tomorrow.
Mr.. Davis, OF New York, introduced . bill
To amend the charter OF the Washington ant
Georgetown Railroad Company; which wa
referred 70 the Committee for the DlstrlcI o
| Columbia.
Tue House eoncurred In tho report OF th,
committee Of conference on tho disAgreeinl
AmendmSnts 10 the national hank bill,