New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1866-06-20

which was up yesterday, to establish assay offices
at Portland, Oregon, and Boise City, Idaho aud to
| discontinue the branch mints at Dallas, Oregon,
| Charles City, North Carolina, and Dahlonega,
/ NATIONAL CURRENCY.
Mr.. Hooper, from the Committee on Banking
and Currency reported PHI 70 amend u a.; na-
and reeommitted, with leave to report at any
/ time.
THE bill amends the national currency act in the
! following particulars Section eighteen gives the
| controller of the currency additional power to
proceed summarily against any bank which may
| be found, or which he has reason to believe has
been guilty Of any violation Of the banking
! law. He may appoint commissioner at any
/ time to investigate the affairs OF any bank,
and, upon satisfactory proof that any bank is
/ not carrying on the legitimate business of
banking, he may appoint receiver to close up
its affairs.
Section twenty-one reduces the circulation of all
national banks, whose capital exceeds 100000 10
per cent, and provides that no bank shall have a
circulation of more than 81 GOO, and also pro
vides that such reduction may be enforced by re-
tention of the interest of any bonds deposited in
the treasury. The reduction must take place by
the LIST of january, 1867 1t provides further
that there shall be $50 100000 additional bank cir
euaton In the place of this reduction of Sl5000,-
900, to be used for the conversion of old State
banks into national banks and SO 00O, 600 for new
banks in the Southern and other States, which have
secured thus far the least ratable proportion of
banking capital of the total amount which is not
to exceed the present limits of $500, 100000.
| Section twenty-nine provides that no person,
i firm or corporation shall become the debtor of
any bank to an extent exceeding tenth of its
paid up capital stock, unless such liability is Sc
cured by United Stgtes collateral or bona tide bills
of exchange or OF regularly made and discounted
paper, actually owned by the party for whom it is
discounted; and the officers and directors are
made liable for any violation of this seetiOa and
the bank is subject to penalty Of $1,000
Section 80 continues the present system Of re-
demption, with the additional requirements that
the Tedeeming banks in the several cities, as now
provided, shall be required to redeem its own
notes and the notes of any association for which it
creates a redeeming agency in the cities of New
York, Philadelphia and Boston, thus establishing
/, what has been known as the Suffolk Bank system
throughout the country.
! Section "a requires monthly returns from each
bank to the controller of the currency to be
to by the president and cashier, and the quarterly
returns be verified under oath by o majority Of
the board of directors The details Of the returns
I are also considerably increased.
Section A. reduces the tax on circulation from
onehalf of one per cent semannually to one
quarter of one per cent and also takes off the tax
on capital, leaving the tax on deposits as at pres
ent, and making no change in the local taxation
Section As requires the secretary of the treasury
to withdraw from any government depository any
q, public money in access of the amount Of bondt
deposited to secure the safe keeping of such public
money.
PUBLIC LANDS IN THE SOUTH.
Mr.. Julian, from the Committee on Conference
I on the bill for the disposal of the public lands TO
i homesteads for actual settlement in Alabama
: Louisiana Missouri, Arkansas and Florida, made
report, which was agreed to.
Il BRIDGE OVER THE MISSISSIPPI.
4 Mr.. Window introduced bill to authorize tn
1 Winona and st. Paul railroad company to build
bridge across the Mississippi river and to establish
itas post road, which was read twice and referee
to the Post Office Committee.
oil RECONSTRUCTION BILL.
at,.,, Al.
of the bill for restoring the States lately in insm
J. recton to their full political rights.
Mr.. Window addressed the House in support
the bill. He said that the real issue between Cor
q gress and the rebels was, shall traitors rule tb
j nation they fought four years to destroys 1t wa
4 not question: whether the South shall be repre-
ii scented; for ali agreed that she must be- and a.
desired that she shall be at the earliest pOssibl
i moment consistent with safety; but the questio
was, shall her representatives. be admitted here
y ence, without the imposition Of any condition
Whateyerg The President and his supporters in
sist upon immediate and unconditional admission
>. without any protection to the freedmen to whom
4 the talth of the government has been pledged
without any change in the basis of representation
whereby me gross nTegularity Of making thu
vote of Southern rebel equal to the votes Of tw
o | Union soldiers shall be remeded without any dis
8 fFanchisemept of leading perjured and dangerous
t traitors, ana without any prohibition against tn
Z assumption and payment Of the rebel debt or O
! rebel claims for loss of slaves. 5
Mr., Window proceeded TO argue from these pYe
misses in support of the bill He concluded by saw
ing that the power of the Batlonis yet in the hand
of the loyal people. They have purchased Il at
fearful cost. They viii keep it until equal an
exact justice is secured to every citizen and unit
the republic free, united, ard prosperous, sha
have achieved its glorious mission among the ma
tions OF the earth.
: Mr. Harris addressed the House in opposition
He declared that ia principle he now stood, as b
: had stood after the war was declared as he ha
! stood in the last Congress when he received il
crown Of eensure; as be had stood 70 pfisen beter
The Internal instrument eff tyranny court MAJ
tlal~and as he stood in principle so he Woul
: stand IN practice whenegarOc mightFequire
de declared himself an old line Democrat believ
ing IN The doctrine Of secession, believing that III
several States Of the UHion have the right to Repa
rate from IL each acting for itself. He declares
MIS- helef that abuses and usurpations had beef
praenced aud threatened to so gEeatan extent b
their partners and associates in the government
thattle Southern States were justified in gQipt
ent; and his further belief that by the ordinane 81
Of secession they did go out, and thereby became
! 70 tAls Union tereign states These convictions
z ne eania not change, aud he did not expect thel
would ever be removed he would most agsuEedll
: proclaim them and stand by them as long as
G sugle citizen Of tile Confederate States was ii
ehslusi or subject to penaiCy for asserting them
Referring 10 the base assassination of Mr. Lin
coin, he said Mary Surratt was convicted, @
course. She was tried by cunrt martial; her
m To