Evening star. [volume] (Washington, D.C.) 1854-1972, 1864-04-22
CONGRESSIONAL.


Mr.. Sherman reported the Heuse bill to pro-
vide National currency secured By pledge OF
United States bonds, and TO provide ior circu-s
lation and redemption thereof, with amend
ments, the only important one being the strik-
ing out of the provision relative to taxation by
States Of the capital, circulation and business
of banking associations, aud the su lbs ttution of
the following provisions:
In lieu of all other taxes, every Association
shall pay the United States Treasurer, in the
months Of January and July, a duty OF ONE
half OF one per cent. each half year, on and
after Januury, 1864, upon the average amouut
OF circulation: duty OF one quarter of one per
cent each half year, upon the average amount
OF deposits; duty Of one quarter of one per
cent, each half year, upon the average amount
Of capital stock bsyog the amount IN vested 10
United States bonds; and in case of default OF
payment by any Association, the duties may be
collected as provided for the collection OF
United States duties Of other Corporations, or
the Treasurer may reserve the amount of in
terest due on bonds deposited. A return of the
average amount of notes, deposits and stocks
be made on, or within ten days from the first
of January and July, under a penalty Of two
hundred dollars for each defeault, to be collect
ed either from interest on bonds, or as coilec-
uons are made, from ether Corporations, at the
option Of the United States Treasurer; and the
duties shall then be levied according to the
amount OF notes In circulation, and deposits
and further capital to be ascertained in such
manner as the Treasurer may deem best 1t il
provided that this section shall not be construed
10 prevent the MARKET yalue OF SnareS OF EucR
associations to be included in the valuation OF
personal property of any individual or corpo-
ration in the assessment of taxes under STATE
authority, at rate not higher than is assessed
on the capital in the hands of citizens Of sucn
State, and provided that there shall be no ex-
emption of the real estate OF associations from
State or municipal taxes.
The consideration Of the bill 10 repeal all
acts and parts of acts for the rendition of fugi-
tive slaves was resumed, and MIR. Van Win
kle, OF West Virginia, proceeded to address the
Senate.
Mr.. Howard moved an amendment to the bill
providing that no person found in any territory
or In the District OF Columbia, shall De deemed
to have been held in service, or to be ensIayod
under the act of 1898, and that the fourth Sec
tion of said act be repealed.
The bill, it will be recollected, had been here
tofore amended by excepting the act of 1855
On motion of MIR. Conness, the bill was then
postponed tin Wednesday next at O'Clock.
The Senate bill to charter the Masonic Hall
Association of Washington city, was taken up
and passed.
Mr.. Washburne's bill to encourage emigra-
tion, was taken up and passed.
Mr. Jenckes, from the Select Committee On
the subject, reported a bill to establish a uni
form system Of bankruptcy, which was or
dered to be printed, and recommitted.
The House went into committee of the Whole
on the bill to reimburse the State of Pennsyl-
vania for expenses incurred in repelling in
vasion.
Mr. Cox offered an amendment appropriating
fifteen millions OF dollars to defray the expenses
of calling out, mus stering, transportation, pay,
&c. Of minute men and militia of the States OF
Pennsylvania, New York, New Jersey, Mary
land, Ohio, Indiana, Missouri, Illinois, West
Virginia, Michigan and Kansas, tor troops
called into the service OF the United States 10
repel invasion and suppress the rebellion.
Mr.. Davis offered an amendment to repay
the expenses betrayed by the city OF Baltimore
for the construction of Qualifications In 1868,
under the direction of General Schenck, but
it was ruled out OF order, as not german to the
bill. .."
MIR. Janson moved an amendment, that none
of the money appropriated by the bill shall bs
paid to the militia who refused to be mustered
into the service.
The bill and amendments were discussed,
but no definite action taken.