, 1866-03-17

aneon' s 81 3. sa s3.ee 2 1sa,.tas s, oes 1:S.s9
MsEf h.s beee constant and een..desssis diaina'
on IT, m 'ss mstse; Pss o. goa sna sesond IN.
worth in the yesrs 1s5s-R and 20, Ai'er the Espo-
,esnpted 10 eGect ths Tesso1at,on e specie pay. ~
rncnts, khe was moi abo TO accomplish that result
tot man. year.. This 50 not tsea wsut Of diego
| condluou- he sttdonted err. tashility to
1r-unc specie payment to tho fae, that fhc var al.
dpef,1e 1a6e,s d peseeial liz. We haa sodsy Iess
convertible properly than ne h$d wher The wst
eommeneea. snd we tsd nox 70 walt until by sp-
sSonle eornpare With the resui,s aflnrn-Ty In Other
eonntt!es. Then out paper womb come to be as
19iuAb'e ~ epeae end then there would b no leg
nlahou needed for the resumption Of specie paJ-
sncnts. We ehou'd wait unu another harvest wss
Ar. SLOAN moved to amend ty inssrt7ng sife,
ine Provided that III bonds OF otbet obIirrtfons
OF the Un.tcd Statcs hereafter issued shall b. made
paynbit, principal aud intcrc.t. IN lawful money
that auihotIe the Secretary q the Treasury to
Tire pczrnarentfy from circulation United States
uotet> nat bearing interest, are hereby repealed:
Mr. STEVENS epoke against The BILL He char
~
confer more on sirgie MIN than was cvcr hefore
I contcued On my one man IN Gove1n1uent claim
ing 10 have Constitution. Whit be would re-
.y er IN a
should ETanteuch power to any E3an. With such
power contct1ed On ore INN. no bustness COM
s1a's 'sha saa % % ee7 @
2,. 2ss, e 'hs county ny; E., stevens e. hsa 70
aS;r ,se sss "a a9se. enTe,te ean at.x
millions, were Eoid donbts. ard TINT be had no
reyr 70 speud money, but had power to exchange
ths puspoee Of rcsnoTsns that doaet thaf hss
tssterena'} Substitute wzs Offered. It gave him
power which he had been exercising I'll along. Ii
sS .he ~ = dons,s Rsi .ofs foq tbs
c4+e and Lett the matter thesc. A. to the CONVEX
ltoo Of eecn1les paying interest IN eurrrocy into
mount 10 Interesting tic Interest from 81 10 sisht
PIT cfnt, without any advantage whatever 10 the
Co.: gs % Tss sss Sssss s $ 10 T. ,s.a Ss
Of compound interest notes, End besides that e.
asked peaeE nor 10 eithdssw San, ,oalB3 of
groennscks, which wonid permit HIN 10 contract
law wc1c passcd member. would be On the worst
rack they were ever On. lie did not believe any
business hsm in the country would survive II.
power, hut then aeatn pethaps be might. The Sec
selasy had the right now To pas of the 5s's at The
end Of eveEy nse Years Y currency. The interest
en1cnes won1d s M nv r. p1np" pu1esE 70 -
iii lie n,oposcd Issue Of bonds for carrencv md
PAT the ouiatandins sssos. But the most exuaos-
mss nm ar1 Grc.arinc list aii thrsc n. shen1d ~
Iad, not Of QUIZ iate1cst, but | pnein. ''S IN con-, ~
qs that woust heir them se1s' mpch In EaropH.
1n,.n, t.9 mi me- sn.;sr II tse ,1as* ~ s
Tc:n c,eTcT men in Eurnne xhn he'd nsrf1sn. xTn
tea,Go of ooI lo3n noa; md sho. y th's seeon:
added 10 tie value of their ttuNnf.
uciMr Sscyens1 did not uudc-:isud ,ba, xy.tr1, Of
ush at s5ess. ae % a, r. e
tt. n,o1e tLan ons hrndr.1 os .; most IN Inn. ~
dled millions of naes il aadi,ion 10 t lie cempoan
ser1ctarr asked he rht 10 ccntracs liz ,n.nSars
and iccsi tenders bearing 10 trtcrest. in1o 5sS:s
bearing gold tnte9ets er 1 pcr CENT Assuuasng Tho
ans twenty iauf rallons annually to 70 The Ata tases
Of he county, % psy he interest on wh.t was moi
s'r; " wENTWpATn undressing NJ, stcrens.
5ea kn n. ,.th th1o , a. q r pa Sehs ~;
iLausMsr md Whether Jon otid. II yoa ernid@ :1i
Mr:sIEVE.Ss.- III e:u say !. that
within = month without breaking Gown Iuanufac-
lures, end ol7ecsstoe the people, would,
= l bad power, order thai every hank iu
the country. aud Government ilscit, shopad
resume speds sp.y:nent>
Mr, WAsnbrRSE, from the COMMITTEES Oh
Commerce, reported bsek, adversely. The htia a1ak~
honte IN 5estey City, and 1tn to provide toe The
construction OF . enttotn house. post etlee and
eea,t house ii the city u eetro, III. Lald On he
table, and reports ordered 10 be printed.
Ar. GAhE1ELn addressed 1he uouse IN adyo-
cae5 n1 The losu BILL! IL said thate were two lea
tuIea Of our financial system foT examination and
edne.s phieh should secruo iiom time 70 tla,a ior
The next Two md nall Jeats; the pext had se5cs-
ence TO the atzads1d nf Salnr o. currently. Fin1n-
Than they 1.sue during the VA. This
!; was tine when greater power,
e Greater . exfrtion ,,s and ra'eE talent u, ese0 M
Due II the aes. ihrse yesrs: s.zteen hundred MI.
Ion dollars 10 Be Presented At the counter a nc
Treasury for 1sEn,ent. Tnat payment must be maae
| Of The Pa2e. o. the GoEerqneot sseasd go to pro
Th ssns = ea as 81 and ss b P
June ntxt we must ~ ORG ,snd abo1s
the regular expenditures Of the Govern
@n e IT. ns xm@; ;o,6s RecsnSss s, ak 1sss GS
during December s1s,. 1877, $50 o0 90: during 81.
months tolloTiug, 3e9, 10000; December, 3l.t
1s6s, es7, ,oo9ooo; 20 that between this and ths
meeiirP Of the next Congress therr mus. absolnte)7
be paid oyrT the counter Of the treasury oset and
! above m ordfuary trnensts Of The t;ozerpment
i, nne billion two hu1dsed md one millions. etchl
! hundred apd nlpey thoutsnd Six hundred and s11
! dol1arr- How WIS that sum to be paidi inst was
I problcm TO be 6olyed bv ihis Eonrresa. md II
| must meet The rs pcmsihit{tv.
HI, DAZZLING. Of 4. T., Addressed the uouse
I on The nucttiol Of cur1enCr faxattor and fariE
/, inkiur tie f,Tund in faror oY nroyi1fnr ffr fhe
ST kcepirr i5ca1 Tenders md non.hear;np fnteresi
i no1es aaoa, al sircuI.ttr.- ucdich n faynY d
The c-c1ppt1ou Of tucomee heln,r - 00 fnom taxs
/ tfop. and IN faynr al 1hr nro,ccsion Of our manu
/ faciuters, nnJ Of disTminatIou in f.yor Of Ii,
poor b. frmorirr ihcFtaxcs iron he actual neces
taties of Hfe These ides he e.abnrnted With muci
lore and ability.
/ iii, MONlsIii, ea,d th4 en.nee. oy .bs eonntr,
/ were cot ye1 out nf nerft. The Tnrst ana mos
canrrrons fine wa ri ia cz1nne a Sxas slwrr =,
! thr rasA nftr- nerfnd ~ ,rasS ~.
( tion. t;en,ie1nen ia ss;d that Ar y,
| hsn mt \ rrdnndon+ crrrrrcv ~, c,1r,,.,f"r
1oH afosr sW,aTn1ed 10 nInr ,r1fsrs .nd I1rsv
touf 1Iiinns. cnnsi fo th,rtr dn1tars ~ csn,ts X
40o1' maea: 40 'A' s'u'' 's''' ILL., ''4' IVES ''e