Evansville daily journal. (Evansville, Ind.) 1863-1866, 1864-05-25
THE VERY LATEST
II ELE Or r a p II.
CONGRESSIONAL.
IIITIIIth Congress--First sessi on

HoUsK-The Com mIttee on Elections
reported in favor Of giving the seat FOR
| Decotah 70 II $. Todd.
The Seuate's amendments to the Ma
tionsl Currency BIZ were taken up, and
an effort TO have them sent TO the Confer
enes COMMITTEES failed
Holman, Of Indiana, moved that the
amendments be laid on the table This
was decided in the negative-56 70 80
The Senate had amended the 18th sec
ton Of the bill providing thatssharehold-
ers shall be held individually response
/ ole, By adding the exception that the
shareholders Of any Banking associa-
ton nov existing under State laws, hay-
Tag not less than $500, 600 OF capital zc-
'uslly paid IN, and surplus Of 20 per
cent in bonds, both TO be determined ~
| the Comptroller Of the Currency, shall he
liable only to the amount invested in
lheir shares, and such surplus shall be
kept untouched, and be in addifion TO
the surplus provided for in this act; and
II a. any time there shall be deficiency
n such surplus, of 70 per eeat, the
Banking association shall not pay any
dividends TO its shareholders until such
deficiency shall be made good, and in
case Of such deficiency the ComPtrOllsF
Of the Currency may compel the Bank
ing institution 10 close its business and
wind up its affairs under the proTisiops
Of this act
Tas House concurred in the above b,
. vote Of 6S TO 81 The House limited
the entire amounted notet for circulation
to three hundred millions Tie Senate
lad amended il BY making the limit ap-
ply to either the circulation or capital
stock The House eoncurred Ia this
amendment By vote Of 81 to IL, leav
ing the limit 70 apply to the circulation
alone The House, by vote OF % to
%, concnrred in the Senate amendment
that the Comptroller, upon the terms
prescribed by the Secretary Of the Treas
ury, may permit an exchange to be made
Of any Of the bonds deposited with the
Treasurer BY an association, FOR other
bonds Of the United States authorized by
this act, for circulating notes, il he shall
10 Of opinion that such al exchange can
be made without prejudice to the United
States The House had fixed the rate
Of interest at not exceeding : per cent.
/ per annum. The Senate struck this out
and substituted that the associations may
| charge the rate allowed by the State or
| Territory where the Bank Is located, and
no more, except that Whenever, By tie
laws ofany State, different rate Is lin
| tied for Banks OF issue organized under
State laws, the rate 80 lim ted shall be 81.
lowed for associations organized IN any
such State under this act, and Ehen no
ate is fixed by the State or Territory, the
Bank may receive or ehargs a rate not
exceeding seven per cent
The House concurred ia this-56 TO 81
Mr. Stevens said she most important
part Of the bill had been stricken out,
And be therefore moved 10 lay it on the
table Disagreed to-55 TO u
The Senate bad amended the taxation
section by providing that in lieu Of exist
ing laws every association shall pay a
duty Of per cent each half year 90 the
average amount Of It's deposits, and =
duty Of per cent each bali year on It's
/ capital stook beyond the amount invest
ed 10 United States bonds
The Senate amendment was eoncurred
10, 81 to 81. The House acted upon all
the Senate amendments Those 70 which
the House disagreed will be sent 20 the
Senate Tor further action.
MF. Van Wrinkle from The Finance
Committee, reported fayorably In the
House bill to punish land prevent the
countsrfeiiing Of coin Of the United
States
On motion Of Mr.. collamer the Brazil
s S. Bill was taken up aud passed. The
Internal Revenue bill sas then eousid.
/ cred and the amendments OF tae Firance
Committee were acted on, as the bill
vas read
Patterson, st New Hampshire, re-
ported bill 10 incorporate tue Sswsboys
Home ia the Dissric, Of Columbia.
! Brooks, Of New York, wished Il
know what was the use Of such homes
il newspapers we're 10 be suppressed II
that case there would be 30 nswsboya
Coz, OF Ohio, expressed his sUrpris'
al the remarks Of The gentleman from
New York, (Brooks) for If the newpaperi
were suppressed, not only the newsbeyi
themselves but the gentleman himself
might want home
Coldridge, Of Wisconsin, would IL
for the gentleman from New YorI
(Brooksl 10 inform him if the Govern
rent was not nov furnishing homes Il
editors Of newspapers, in the forts o
the North,
Brooks replied that perhaps some gen
tleman on the Republican side could Civ,
the information As for himself, be wa
I - AZ A
Herman said that it would be idle 4
protect newsboys If we do not protee
citizens whose rights have been violated
If il is not in order for him to expires
his views on this subject. he desired ths
an express section be added to the bil
providing that the press shall not be sur
: pressed by she arbitrary viii of an ez
ecative officer.
Morrill, again raised the question tt
, freedom Of the press was net pertineu
to the bill
The speaker again sustained the poin
He said the bill merely provided for q
act OF incorporation Of home for new
boys, and such remarks we're no NOR
: appropriate to this than to a land {
! pension bill.
: Herman remarked that he simply d.
aired 10 call the attention of the Hous
/. to the importance Of the subject in il
!, effect on the well being Of the countr,
!, and to show that wheneser an execnsis
officer should = mistake or from in
pulse do an act, he tendency Of whie
was to ALLEVIATE the people, the Goverl
meat was proportioasssly worked
:. Stevens, Of Pennsylvania. hoped ths
i the gentleman from New York woal
p not be allowed 30 20 on any longer, an
a with view for the accommodation
ID speech be would move that the evenir
. be set apart for that purpose.
=. Herman replied that be would be ha
( Of TO be heard At any time.
I. Brooks moved TO recommit the b
" With instructions thatits provisions shs
- be made TO apply to the newsboys
New York, provided it shall not be Ia
/ fnl for the Executive or any other pS