The Cadiz Democratic sentinel. [volume] (Cadiz, Ohio) 1854-1864, 1864-04-13
XXXVlII CONGHEss.

resolution to repeal the resolution author
izing the transfer OF men from the military
/ 70 the naval service. Alter short colloquy
bstween Hessrs. Hale, Grimes, Conness and
Trumbnh, on the latter's mo lion, Il was re-
ierrea to the committee on naval Affairs. &
The Senate then took up the joint reso
lstlou to amend The constitution. -
Mr.. Powell proposed an amendment as
an additional section, providing that ths
President and Vice President shall not hold
Offices more than six years. Rejected-12
to 50.
Mr.. Powell proposed an amendment pro
: yiding that no bill, resolution or law, passed
! by Congress shall relate to more than one
subj sct and have more than one title re-
jected-39 to 5 Davis introduced as an
amendment his joint resolution to provide a
new mode OF electing the President and
Vice President, heretofore presented. Re
ijected. Adjourned without final action
House. MIR. Pendleton, of OHIO, from the
Select Committee on the subject, reported q
blll proyididing that the heads OF the cxecu
tive departments may occupy seats on the
! floor of the House. The bill was ordered
! to be printed, and permission given for the
majority to report and the views Of the mi
! nority to be handed in. -"
Tie House then resumed the considera-
ton of the National Bank bill, the ques ton
being on agreeing to the amendments repor.
ted Tor the Committee of the Whole.
Mr.. Hooper made the closing speech, Civ
ing his RI asons at length why the paper cur
rencY should be under the control of a ma
tional law. ... ..- .,r. .'r0~ ...r
The House proceeded to vote o. the
various amendments; agreeing to that author
izlng the issue of notes Of less denomina,
tion than five dollars, by vote OF rs against
81, and agreeing to another amendment that
not more than one sixth OF the notes shall
be OF less denomination than five dollars,
and when specie payments are resumed,
such small notes are to go out of circulation.
The House concurred on the amendment
that any bank or banking association, or
ganized in pursuance OF the laws oil any
State. under the articles Of assurance which
prohibit specified charges therein, may be
changed and converted into national bank
ing assurance, under the provision OF this
act, without any change in the art cles OF
assurance and its directions at such time
may continue in office, and their successors
pointed in the manner provided by the ar
tcles OF assurance The vote on concurring
the above was yeas IS, nays 3d. The
House then agreed, by vote of " against
I'll, tn amend the amendment, that the taxes
or duties imposed by Congress from time to
time, shall be in lieu al o all other taxes on
said assurances. .... . s
The House then voted on the amendment
thst the rate OF z per cent. interest, fixed in
section 80, shall be deemed the lawful inter
est in all the States where no rate is cstab
lished; the bank shall be bound By the State
law regulating the interest in the State where
1t is located. ..-
The amendment was concurred in--yeas
80. nays 43.
The House next voted on the new section.
Nothing IN this act shall be construed to
prevent the taxation by States OF the capi>
tai stock OF the banks organized under this
act the same as property Of other moned
corporations for State or municipal purposes
but no State shall impose tax upon such
associations, or their capital, circulation,
dividends or business at higher rate oil
taxation than shall be imposed by such upon
the same amount of monied capital in tho
hands oil individual citizens of such States
The above was agreed to-yeas 70. nays
56. All the amendments OF the committee
OF the Whole on the State of the Union
were concurred in.
Mr.. Stevens offered substitute for the
bill, it being the same as the original bill,
with the exception OF restoring the uniform
rate Of Z per cent. interest, and leaving tax
alton with the national government and tax
ing it from the State governments.
MIR. Stevens substitute was rejected
yeas SO, nays rs. ,
The original bill, as amended, now came
up. -....-..- ......
Mr.. Spaulding offered new section.
which was agreed to by yeas II, nays. not
counted.
This new section provides that the ex-
change ofevery new banking association ere
ated under this act or any other heretofore
passed shall receive in payment of debts the
circulating notes oil all other banks without
depreciation or discount from their nominal
Valte.
Mr.. Stevens moved to lay the bill on the
table. The motion carried by yeas 80, nays
A. - .,
The House shortly aher this result was
announced adjourned.
' WASHINGTON, April Z.
SENATE--Mr. Doolittle called up the House
Bill appropriating 100000 Tor the removal
OF Indian refugees from the southern and 9th
er sections affected by the rebellion, back to
their homes ..- ...t.. .. ..
Several amendments were made and the