The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1866-03-24
Mr.. Stockton Gains His Seat by His
Own Vote.
Nc. &c. 60.
WASHINGTON, March 20, 1860.

WASHINGTON, March %, 1885,
THE LOAN BILL PASSED IN THE HOUSE.
The Loan bill passed the House this afternoon by
Unexpectedly large majority. AhoughNthe bill re-
committed to the Ways and Means COMMITTEES last Fri
day without instructions, the committee regarded the
commitment instructions and compromised with the
opponents Of the bill by restricting the power Of the
Secretary in accordance with their camors All these
opponents professed the greatest confidence the
dom and integrity Of the able head of the Treasury De-
ptmcnt and would not for the world be counted among
those MO oppose speedy return to specie payments
yet 'hey vd and spouted steadily against these pro-
LESSONS I'LL 'ne compromise agreed upon. Under
the provisions OF thu bill the Secretary cannot retire
more 'nan Ten misns IN greenbacks within the first six
mon'hs "'or s passaRc~ud not more than four millions
per month thereafter; 80 n-t II Mr. McCulloch uses
all the power he has, and s not adhered again in the
meantime he may retire the greenbasa circulation IN
nine years or thereabouts The opponens uo.,ded IN
this arrangement, well knowing that the Secretary
could not retire than eighteen millions during the
recess Of Congress- when they could shorten his rope
again II necessary. new section Of the bill provides
that he shall make report OF his operations under the
bill at the commencement Of next session. Nr. Lynch,
Of Maine made proposition, which found a few sup
Porters in the Of debate, to the effect that
no Treasury notes should be retired until all out.
easily frowncd down. Considerable Sibustering
ensued, the House being in Committee Of the Whole,
with Rollins, Of New Hampshire, in the chair Rollins
Is weak in the role Of presiding officer he Is upon
financial questions, more especially upon raising money
for Now Hampshire election purposes and he
tnuaiy in hot water covering his confusion by pounding
vigorously upon the Speakers green baze with the
Speakers ivory gavei By keeping his eye steadily upon
Thad Stevens and persisteny Ignoring Long John Went
wcrths loud and sharp bursts Indignation he man.
aged 10 get through and deliver Speaker Cofax
the report OF the committees dongs Thad made one
two Intellectual efforts To adjourn the House, but Nor.
rll persisted, and finally got vote upon the bill and
amendments at quarter past five, and discounted the
enemies Of specie payments.
THE NEW JERSEY SENATORIAL coSrEsr-sESAroR
STOCKTON DECLARED ENTITLED TO THE SEAT.
The partisan operations Of day developed themselves
in all the monsrosity which PARTISAN intrigue and char
iaiansm is capable Of assuming. The question
fnuaton at the expiration Of the morning hour OF the
case OF Hon John p Stockton Of New Jersey. Yester-
gay hossrs Clark and fesscnden spoke In opposition 10
his admission while Mr. Stockton himself and Reycrdy
johnson spoke in support validity Of the Senator'S
election under the rules OF the joint e.sna Of the New
Jersey Legislature The closed by the ,,.nplee
annihaiion Of the artfui logic Of the opposition
To day tho ball opened by Senator Howe. who
ability. and said that he had not examined the sub
ject; which was quite apparent Mr.. Stockton now
put In word which Mr.. Howe failed to reply
TO- whercupon Mr. Fsssenden coming 70 the rescue Mr.
Stockton and himself held side conversation which Mr.
Howe, who had the floor, listened TO In silence ~.
sender got the worst Of This little diversion and Howe
afscr speaking for few mnutes took his seat Senator
Hendricks argument In favor Of Mr. stockton's admis
sisn was clear comprehensive and able view Of tho
Qseson bringing 70 light the falacy q the reasoning
81 which the radicals endeavored deprive the Senator
q his seat After little skirmlsh as 10 who should
dos Mr. Trumbull took the floor In vindicaiion VI The
ACTON OF 'ne e-nmitiec. The effect Of this gcneans
remarks was sensible the radicals NJ sbs polnt became
exceedingly discourteous, Mr. cssh sprngips TO his fee
and DECLARING that the election vas Illegal.
By stu admitting the power Of the joint meeting 70
dcide that plurality could elect Mr. Cowan argued
fom the cher side, enargng Mr. Hendricks points
'rumbun again commenced speaking, whercupon
sumner became rropressbc, and Yates let the cat out
" the bag by saying be would certain considerations
receive the Senator without regard To party prnc
pies" Sumner now took turn, quoting Pope Benedict
the College Of Cardinals and other historic Instances not
at all conncciei with the subject The contest By this
time was reduced TO close quarters Both SIDES com
menoed beating TO quarters and forming for vote After
McDcugall ga'e a few finishing blows the roll was
called and thu amendment failed by one vote Tho
vote on the adoption Of the report Of the committee
came up before announcing the result Mr. stock
ton addressed the Chair, stating that he had n
telegram In which his colleague had paired on with Mr.
Morrill, Mr. stoctton said 'Mr President Mr. NORTH
has voted I request that my name be callcd.r "ur
Stockton" exclaimed the usrk. "Aye," replied Mr..
Stockton The result the passage Of the repor, Of
the committee by one vote Mr. Stockton becoming
Senator by twenty-five votes in the Affirmative and /
wsnty-one the negative It'll singular fact tina, Mr.
Morrill, did not vote on the amendment but, on discover
ing that required one vote to make tie on accepting
the report OF the committee In did vote when no was
picked up unexpectedly by Mr. Stockton The Senator
proceeded 10 an explanation bat the least we say on this
subjecs the better TIE day has been stormy one Tho
radicals develcped Their full sreagsh. but conss ssm