The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1866-05-30
BY TELEGRAPH.
MIDNIGHT REPORT.

b I, i lELEVIRATH.
MIDNIGHT REPORT.
NEWS suAAART. esssY
New YoRK, May %.
The morning papers have the following
special dispatches from Washington
The Senate Finance Committee are report
ed to be unable to agree upon recommend
ing either Shermans or tessenden's Bank
Bill, and to have referred the matter to q sub
committee, which is now considering the pro.
niety Of bringing up ! bill embodying sub.
stantially the idea of Comptroller Clark. The
matter has progressed to the extent of fran.
ing an amendment to our present National
Bank law, which provides, among other
things, that IN additional issue of one hnn-
dred millions Of National bank currency shall
be authorized and that not more than ten
million Of this hundred shall be issued within
six months from the passage Of this law, and
that thereafter not more than four millions
shall be issued during any one month, and
that oil National Banks in the United States
lshaQ be compelled to redeem their notes ct
some advertised agency in New York, Phila-
delphia, or Boston, under the penalty Of hav-
ing aRaceiver appointed TO wind up their
affairs. 1t finally agreed upon this amend
ineat to be introduced within q few days, and
some definite action taken Immediately.
| There are indications Of an early adjourn
ment of Congress
The Herald says of the Republican Sena-
torial caucus yesterday, that no definite con-
clusion was reached, the whole matter was
referred to portion of the Reconstruction
Committee, consisting of Messrs. Fessenden,
Grimes, Howard, Harris and Williams.
/ Vnk, rte -
tee, hut bsing Democrat could not pertiei-
pate in the caucus.
| Nearly all the Republican Senators agree
that the third section of the proposed Consti-
tutlonal amendment be stricken out in the
caucus, and the disfranchisement of specific
class of rebels substituted in its place. 1t is
also found upon discussion that . large mum
Der of the members are in favor of restricting
this class as much as possible, more than was
supposed two weeks ago. The general opin-
ion is that the restriction will extend to these
who have held certain civil and military
Offices under the Federal Government,
although it is by no means impossible that it
may turn out upon these who have taken and
violated certain oaths To the Federal Govern
ment.
1t is also thought that the Caucus will
amend the second section of the proposed
Constitutional Amendment, basing the repre-
sentation of States upon voters, instead of
upon numbers, as proposed by the Recon
struction Committee. This is substantially
the Presidents idea, and is fast gaming
ground with Republican Senators. 1t is also
certain that the Caucus will agree npon so
framing the amendment rs to admit Of sepa-
rate State action, thus placing it in the power
OF any State to acquire representation instead
OF being dependent upon the action Of other
States.
The Times special says Senator Sherman
proposed an amendment intended as a substi-
tute for I'd and Sd sections, and providing
that Representatives shall be apportioned
according to the number of qualified voters,
and including citizens disqualified for partici-
pating ia the rebellion, and also that direct
taxes be apportioned according to the value
Of tAxable property, was urged with perte-
nacity. Several other propositions were also
discussed, intended to take she place Of the
upon q substitute tie caucus adjourned to
meet to morrow. Among the Union Senators
Who did not attend the caucus, are Doolittle,
Dixon and Nesmith.
/ The World special says there was almost
as much disagreement In the caucus as there
was In the Senate. The difficulty seemed to
be to agree upon proposition as a substitute
for the Sd section Of the constitutional
amendment, the Radical Senators insisting
that all leading rebels shall forever be disfran
chlsed from holding any Federal Office. The
probabilities are that they will compromise b,
putting in a certain class Of leading men who
have made themselves generally sonoxicds
The 1y50,tne,s special says little is positively
known Of the details of their deliberations
But two important facts have been shown tc
the effect that whatever is determined upor
will receive the united support Of Republican
outlines Of what Is believed will prove accept
able substitutes for the submitted report Of th,
Reconstruction Committee has been deter
mined upon.
Gen, Hagan leaves Washington to- day fo
the West and will shortly cross the plains tt
the Pacific, in the discharge Of his duties a
Inspector Of the Department of the Platte.
Col White, an active member Of Mosby
guerrilla band, was in Washington seekin,
ppardon, with poor prospect of success. II,
has been chosen sheriff of Loudon county
Virginia
An enterprise Is being inangurated to set
tile ; colony Of whites and blacks, at Brenard
Florida. A large number are now awaiting
transportation.
Naval officer Lynch, of Charleston, hayin
declined TO take the iron clad oath, Secretar
McCulloch omits to sign his pay warrants.
An effort is being made to resuscitate tn
Colorado admission question, with hope t
press over the Presidents veto. The Trit
t nHc's special says there is little prospect @
its success.
Dispatches to the evening papers say tn
fcahcus of the Republican Senators upon III
, Question Of reconstruction was concluded thi
: morning. 1t is said they unanimously agree
to strike out the third section and suhstitu
: ting therefor provision limiting disquali6cs
; ton to hold office. Another amendment pre-
i vides that when State complies with thi
enactment, its representatives shall at ono
be admitted into Congress. Another dispatc
. WAS that the amendment changes the exclr
: sion Of all voters at the South until 1870, I
). the exclusion of the Office holders in the n
bellion, especially those who deserted ii
: United States service; but this can be 81
: aside by two-thirds vote Of Congress At an
time.
9 The national debt for the payment Of boar
!. . ties and pensions is to be constitutional
: guaranteed.