New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1864-06-24
HOUSE OF REPRESENTATIVES,.
STREETS IN WASHINGTON.

Among the bills passed this morning relating
to the District Of Columbia was one authorizing new
street in Washington city Ia be called Cofan street
PATENT LAWS
The House passed thc senate bill amcndntory Of the
law Il March l-ol which extends the time within
which paientecs who have neglected II may pay The
final balance fees within III months from the passage OF
this oct to secure their patents.
SOLDIERS BOUNTY.
NJ Tracey - Pennsylvania offered resolution
insiruciing the Committee on Military Affairs TO inquire
into tie cxpcd.cncy aud piopriciy OF repT.ng OIL
giving 20 soldiers WHO volunteered FOR css than three
ycars and not less than nine months the same bounty
~ Is allowed l cri';ng laws, etc ms refers to those
yho have died or msy die on line ~ duty.
Mr. rr,os INC OF Mss eee s As
to Tie Committee again being instructed and be hoped
|, would have good result, hc resolution was passed
THE SEw LOAN BILL.
Tho House in The Committee Of the Whole on the
State Of tie UAloH resumed the consideration OF the
Nj BEooKs Of New.York called attention 10 the fact,
thai the bill provides per cenlam for the necessary
expenses Of engraving printing preparing and issuing
the United States notes. IIcsgfy notes fractional
and bonds and Of Dispensing Of the same to SUB
b-r. and purcha.cr- He said that only few day
ago sii0 on was appropriated for similar purposes and
40 the whole amount a. be printed under THIS BAL vas
s6l4 OoUo. tie one per ccnium would inhhe sum
total Of over 100000 II could be doue tor great
deal less lie himself would print the public money
for ons-t'nth Of that sum.
On motion Of Mr.. BROOKS, an amendment was made
ment shall be made in room apart from the Printing
Bureau
Mr. PoxEnoY (New.yori) offered the following us
substitute for the second section Of the bill
That the Secretary Of the Treasury may issue, upon the
credit Of the United State. bond, Of any deiosn
than 100 payable IA lawful money three years from the
date hereof and bearing Interest not exceeding eight per
on;um per payable semi annually IN awful money
and may par the riore the lawful money Of
United State Treasury notes certificates Of indcbtcdne
certificates Of deposit. issued under any OF Congress
And Secretary II the Teasury. n addition Ia the total
bonds authorized by the t aud second sections OF
this act sha issue at par IN redemption OF Any oat.'and
iug notes. ceHhcstcs OF deposits, or c.hiacete'
Of d,btedncss Of tie United States bonds similar 10
those therein before Ia this second section author
led IN denomination. 81 les than huuced dollar,
- like denominations similar 70 those Authorized 10y the
rs, section aud payable from da with interest a,
TX per And the Secretary Of the Treasury l. further
authorized issue lieu Of Any bonds heretofore authorized
by and not ed M pursuance thereof bonds siTto
and in a.. All Treasury
other than United StAi"s shall be legal tender
IN the payment Of public private ndrbtednsss. aud u'ef
the frat day Of October lot', and Treasury notes made
rsa tender. other than Uird shah hereafter be
issued resued shall the total amount Of United states
notes issued be- Issued exceed four hundred mil
Hons dollars ard snc additional not exceeding hy
million. Of dolE., may be temporarily required for the
den ption OF a temporary loan
Mr. PoNrRoY said that the present adv auoe in god is
not the result % speculation, aud is not IA be- obyatod
by temporary elpedents but BY return IN practice 40
well In theory TO the poy OF gold values established
In 1862 Will the amount Of paper money IN circua.
ton the issuing of interest bearing notes would add
nothing 10 the aggregate value Of paper money. and
could only work mischief The policy of lrG2 of ad.
herring to gold values must he returned to- the theory
advocated by the Chairman 81 the Committee OF Ways
aud Means Mr.. Stevens Of Pennsylvania. adopted
namely: Kepudiating the payment OF interest IN gold.
and relying entirely upon the issue of Government paper
The effect %. the present imitation must become
ruinous 10 the masses Of the people The ati mistake
Of the Secretary Of the Treasury has been ~ abandon.
ing the popular six per cent fye;wenty loan. and at
tempting 10 Oat five percent bond and upon lis full
ure resorting 10 DEMONSTRATING legal tender and
the part Of Congress IN not speedily supply ing an ell
cent system OF taxation. IN was, however still posi-
BILE by adhcring TO strict National laws "a restore the
credit OF the country TO healthy condition.
Mr.. HOOPER (ln. Mass briefly replied. He ex-
pressed the hope that the substitute offered by the gen
ilemhn from New York Gomeroy) would not be adopt.
ed. He thought That there n grent deal OF danger
In accepting such AN important proposition In this hasty
way. He knew that the Secretary OF the Treasury had
slecpess nights over this bill
Mr.. BEooks Of York said that the gentleman
from Massachusetts tooper) wished 10 give this bill
the sanction OF the Secretary Of the Treasury. lie
Brooks held IN his hands three distinct bills and he
waited 10 know which was the proper one.
Mr.. nooPER replied: The bill now under consdera.
tion based that sent luther from the Secretary
Of the Treasury and was the bill with slight
alterations.
Mr.. BROOKS remarked that there were essential
Mr. HOOPER would like the gentleman to point out
one.
Mr. Books said that the third bill was from the
Chairman oil the Committee ON Ways aud Means.
Mr. HOOPER replied that the Chairman reported his
substitute on his own responsibility.
Mr. STEVENS Un. Pa said he did not agree with
Tue majority OF uc committee az ways aud Means,
aad hence be had offered substitute for tho first see
ton Of the bill.
The question having been taken the substitute OF Mr.
Pomcroy for the second section of the bill, a. given
above, was adopted by Yeas O5 Nays ~. '.
Mr. STEVENS said, while advocating his amendment
that those no attribute the rise the price Of gold To
gambling poor statesmen Instead Of passing the
Gold bill 10 restrain speculation II would be better 10
take away the demand for gold for no bill could reduce
IL cent. The Secretary Of the Treasury had said In
his wisdom. that the principal VI the fsctwentcs 10
payable in coin but the Courts Ia three States had
W decided.