Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1864-04-27
Congressional.
[ [C0nclusion Of MONDAYS Proceedinqs. !

form them whether Blair is Major Cen
eral; If so, when appointed, and whether
said Blair resigned his commission rs Major
General before he took his seat in Congress.
and what action was taken on such resigna-
tion.
Mr.. Wood offered resolution that the
Secretary of War be requested to furnish,
If not incompatible with the public inter-
ests, the report of Gen. Dix concerning
fraudulent transactions in the New York
Custom House.
Mr.. Pomeroy objected to both resolu-
tions.
Mr.. Morrell offered resolution raising
the duties on imports, to take effect from
ana ana! after aas It's passage, and continue until
Mr.. Kasson offered proviso that printing
paper, unsized, and used for books and
newspapers exclusively, be exempt from
the operation of the resolution.
WASHINGTON, April 26.
SENATE.-Mr. Hale introduced a bill to
amend an act to promote the efficiency of
the navy. Referred to the Naval commit
tee. u
Mr.. Wilson submitted a resolution for ap-
propriating twenty-five million dollars for
the pay and subsistence of the militia to be
called out by the President. Referred to
Military committee. t.r
The House bill to establish the postal
money order system was taken up
The bill passed after being amended
The bill relating to franked matter was also
passed.
The Senate then, on motion of Mr.. Will
son, insisted on its amendments to the bill
establishing bureau of military Justice.
and agreed to committee of conference.
The Senate next proceeded to the consid-
Grafton of House bill to provide for a nation
al currency. An amendment to the bill of
fered by Mr.. Sherman was adopted. Its
effect is to admit the Bank OF Commerce of
New York into the provisions of the bill
making shareholders liable to the extent
OF their shares so long as the surplus fund
Of twenty per cent. shall remain undimin-
ished.
Mr.. Collamer called up the Senate resolu-
tion in relation to franked matter. 1t per-
mits all communications of whatsoever Or
igin to be received by the heads of execu-
tive departments and chiefs of bureaus,
where entitled to the franking privilege,
without being endorsed official business,
but with the name Of the writer thereon.
Passed.
The bill for the relief of the State of Wis
consin was called up by Mr.. Doolittle as
unfinished business, and made the special
order for Monday next.
Mr.. Sherman called up the special order,
the bill to provide national currency Sc
cured by pledge of United States bonds.
and to provide for the circulation and re-
demption thereof
MIR. Sherman explained that this bill re-
peals the act of last Congress, though near
ly all the provisions of that bill are con-
fninnH in n,nn Nlan L.
mainly as to the details to give efficacy to
the measures. The chief differences are:
First. That the bill of last year required
banks organized under the act to redeem
their own notes at their own counters; but
this bill names certain chief cities where
the notes of different banks are to be re-
deemed in addition. The second change
was in regard to taxation, there having
been some doubts as to whether the banks
were to be liable both to the Government
and State tax. In this bill that matter is
clearly defined.
The third and fourth changes are in re-
gard to State banks, improving the system
by which old banks may come in under the
law and rendering stockholders individ-
ually liable to an extent equal to the amount
of their stock.
The fifth change is as regards interest,
Dub bHC DCllduC pIODOSC W
out the uniform rate of per cent. estab-
lished in the House bill, and leave it much
the same as in the old bill.
The sixth change provides for the re-
ceipt of per cent. as well as per cent.
bonds of the United States as basis of cir
culation, to be kept always at a margin of
10 per cent. on their market value.
The seventh change allows the issue of
notes of a lower denomination than five
dollars to the extent of one-fifth of their
entire issue; such notes to be redeemed
when specie payments are resumed.
The Senate proceeded to consider the bill |
by the Finance committee; one |
year from and after the 1st of January, |
1864, upon the average amount of its notes |
in circulation, and duty of one-quarter of |
one per centum each half year as aforesaid |
on the average amount of its capital stock,
beyond the amount invested In United |
States bonds, was debated at some length |
by Messrs. Chandler and Henderson in op-
position, and Messrs. Sherman and Fessen- |
den in support Of it.
Without action the Senate at five o'clock |
adjourned. ,
HoUsR-The House went into committee
OH the internal revenue bill.
Mr.. Holman of Indiana offered an amend
ment which was rejected, imposing tax
Of four per cent. instead of two and one
half on gains, profits or income which shall
be derived from interest on notes, bonds or
securities of the United States.
Mr.. Holman offered another amendment, |
which was adopted, that the incomes de- |
rived from the interest of notes, bonds or
,ther securities of the United States shall
be included in the estimate of income un-
Ter this section, which places the duty at
i've per cent. on all over six hundred dol
ars.
Mr.. Frank, of N. Y, offered an amend-
nent providing that on incomes exceeding
5000 and not more than $4,000, a tax Of |
i've per cent. shall be imposed; ON incomes
of $4,000 and not exceeding $4,000, tax
1f seven and half per cent; and over
$4,000, ten per cent. In support Of this,
Mr.. Frank said the committee on Ways and
Means have themselves graduated taxation
In this bill, which, in effect, was an argu-
nent in support of his proposition.
Mr.. Stevens said this amendment would |
evy o tax as punishment on men be-
cause they were rich.
After debate, Mr.. Franks's amendment
was adopted-73 to So.
Mr., Stevens moved, as an amendment,
% tax the salaries Of members of Congress
en per cent? which was voted down by
arge majority. e chtgidI / 4 -
Many other amendments wore offered
Ind rejected, among them one excluding
he dividends of savings banks from taxa
ion. sn5 e.,r mdnf 10
80 EVENING SESSION.
Mr.. Julian reported, from the committee
IN Public Lands the Senate hill vhicb |