Evening star., 1865-03-01
CONGRESSIONAL.
WKDNRaDAy. March r

w EDNESDAY, mdfCn L.
SRNATE.-On motion Of Mr.. Wilson, the
Senate receded from its amendments to the
resolution for the publication OF a full army
register, as had been rejected by the House,
and the resolution thus passed.
Mr.. Wilson reported from the Military Com
mittee a bill for the appointment Of q chief OF
staff for the Lieutenant General of the army,
win the rank and pay OF Brigadier General,
which was passed.
A resolution was adopted for the printing of
5000 copies OF the report OF the Smithsonian
institution, 1000 for the Senate, and 2OO0 tor the
Institution.
Mr.. Wilson, from the Military Committee,
reported adversely on the House resolution
allowing the muster out of soldiers who en-.
listed in regiments for their unexpired term
Mr.. Howard called up the bill to allow the
Central Pacific and the Western Pacific Rail
road Companies, OF California the Union P&-
cific, and all other railroad companies pro-
vided for in the Racific railroad act Of July,
1854, to issue their six per cent thirty year
bonds, interest payable in lawful money, upon
sue, respectively, their bonds to the extent OF
one hundred miles In advance Of continuous
completed line from Sacramento. The bill
ratifies .he assignment made by the Central
Pacific Company, of California, to the Western
Pacific Company, of that State, of the right to
construct all that portion OF said road and tel
egraph from the city OF San Jose to the city Of
Sacramento, with all the privileges and benefit
to the Western Company of the several acts OF
Congress relating thereto, provided the West
ern Pacific Company construct the first twenty
miles of their road in one year from the first Of
July, 1865, and the entire road from San Jose
to Sacramento, connecting at the latter point
with the said Central Pacific road, within four
years thereafter.
Mr Harlan moved to strike out the section
ratifying the assignment, which was opposed
by Mr.. Conness and Mr.. Howard.
The motion OF MIR. Harlan was rejected, and
the bill passed.
Mr. Sherman reported back from the Finance
Committee the six hundred million loan bill
from the House, without amendment, and On
his motion 1t was at once considered.
Messrs. johnson and Trumbull objected to
the provision of the bill which authorizes the
issue OF interest bearing Treasury notes as CAL
culated to swell the volume of currency the
same as would the issue Of greenbacks.
Mr.. Trumbull moved to amend the bill by
striking out the words "or Treasury notes." so
to req uire the issue OF the whole 5000 100000
in bonds.
Mr Sherman explained. in reply to some re.
marks OF Mr Trumbull, that the government
was now decreasing instead of increasing the
legal tender notes. The compound interest
notes which run for three years and are then
convertible into 80 bonds, he thought, would
be boarded after year or mope's interest had
accumulated on them. He believed no more
OF that class OF security would be issued by
the present Secretary. or the gentleman who
it is supposed will succeed him. Under this
bill the notes to be issued will run for five
years before being redeemable or convertible.
The Government, in withdrawing legal ten
ders, was issuing non-legal tenders in their
stead
MIR. Trumbull's amendment was rejected.
MIR. Hendricks moved to amend by striking
out the provision exempting all bonds and
| other obligations issued under tins act from
State and municipal taxation. He said thai
| the Government securities issued up to this
| time, and under present laws, must remain
thus exempted from taxation; but here was