The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1864-03-25

government has right 10 feed itself and It's armies Il
has right 90 use the means 60 accomplish that PURPOSE
small tas about New Jersey and Penney vana pout'os
or abort AR lines, crossed lines. will not meet tho
gigantic laci that We must feed our armies and use inc
means or Increased iacilhies between this metrSpos
and the outside world.
The morning hour expired before Garfield concluded
his speech ihs subject viii not probably come up again
before Thursday next
rHE MILITARY ACADEMY BuI-
Mr. sros lrsp ~ Nc som .ns ~ ,ss s
tary Academy bill, made report theron lie explained
that the Senae proposition authorized mo President 70
appoint cadets from districts not now represented IN
Congress. This she House struck out. and substituted
for provision that for one year from the lat OF July
trict, AZ now provided by law. There about
two hundred and ninety cadets IN the Military Academy
and II that amendment should prevail instead or the
proposition OF tine senate would authorize an addition
OF alb ut one hundred and ninety, making the whole
number nearly five hundred But as there are not accom-
mndations for more than three hundred and ninety
hundred Cadets the House amendment rendered
inadmissble. So II was agreed by the Committee Of
houses aud leave the law as IL now stood, without any
additional cadets
The report OF the committee was conquered In.
AMENDMENTS ACT.
The Houe resolved itself into Committee OF the Whole
on the state OF the Unon the bin amendatory Of tho
MIR Ia oks, (opp) Of N. " said Mr.. Hooper had here
toore written book finance, different altogether from
the light which he had shed upon subject
Ia his speech Of yesterday. The gentleman has once
been hard money man OF the hardest kind Ia Boston
But now he advocated paper money currency thing
pr net only desirable but necessity. The gonte.
man had SAID that the state banks had outved their USE
unes and therefore must give way TO banks created ~
the auth )rity Of the general government The militia
already been transferred the State TO the gene
raj government and state institutions OF all kinds, not
abolished, were being abolished. He (Mr Brooks ex
pected discussed here the question OF street rail
roads in Chicago, or Lexington, or Milwaukee, or up and
down broadway with an interested lobby crowdng the
halls to press the passage OF such measures. II the
tate power bad not gone, i was going Tho most
prominent federalists and trainers Of the con
sttuton contemplated such consolda-
tiou Of power as it was proposed to exercise.
Mr.. Brooks replied at length to Mr. Hoopers positions,
aud discussed at length the financial condition OF the
country, showing the evil effects Of the imitation o. the
currency and maintaining that contrary TO the opinions
OF that gentleman, the could have been prosecuted
hard money basis without suspension OF specie
payment. The system OF the gentleman founded
paper entirely The New York State banks would have
redeemed their bills In coin II Congress had not made
legal tenders equivalent on their face TO gold. He said
the Dill contemplated overthrowing the subreasury sys
tenn and was loading to corruption
Mr.. HERMAN, (opp.) OF NJ w said this bill gave 10 the
federal government power far greater than had
been welded by party set OF men in this country
White 1t oessed TO- put all mon on an equality as to
banking there clause which really gave the Comp
tr0er OF the Currency to withhold such privileges
He indicated other objections, which he desired should
be remcded He desired 10 offer an amendment subject
ing the banking associations TO State and municipal taxa.
ton and personal estate the same persons by
State law THIS would prevent the escape from taxation
by investments In United States bonds
Mr.. PRUyN (opp.) OF n. felt that this System was
the greatest blow yet inflicted tho States, and rs
great stride towards despoc power WHICH II the present
administration be continued spread in few years
the entire country They should make as unob
ctionsbe as they could or at all events make work
smoothly as possible He made several suggestions
with that view Instead Of there being currency
bureau Of the Treasury there should be separate adj
ministratve department OF the government located Mt
New York; the commercial centre OF the country and not
in washington II should be removed as FAR as possible
political influences the Comptroller TO be app o1nted
for four years at an annual salary OF $S 900.
Mr. pRUYs offered amendment for this purpose; but
it did Give than fifteen twenty votes.
without further action the House, at half,past four
O'CLOCK, adjourned.