, 1866-07-20
LATER FROM THE EAST.
oOlpIIED TROE rHI Dll,.5 galooxlAs.
Dates to July IL.
CONGRESSIONAL.

the Southern States Of the grants Of land for ID
establishment Of agricultural eolleges.'...I. q. .
Poland Of Vermont, from the judiciaty com
! mittee, reported the House bill TO establish
uniform system Of bankruptcy with Srhepd
ments; ordered printed
CLARK, Of New Hampshire, called up the biI
to prescribe the mode Of slecting United Stat
Senators, which provides that the Legislator,
next preceding the expiration Of a Senatoria
term, shall elect on the second Tuesday Of il
session by viva voce, voting in each House sep
arately, and shall meet in Joint session next
day, when, If no person be found TO have re-
ceved majority of the votes of both Houses
or if either House shall have failed to take pro-
ceedings as required, the joint assembly shall
proceed to choose viva voce, and the person re-
ceiving majority Of the votes Of those present
and voting, shall be declared duly elected.
FessendeD moved to strike out viva voce; dis
agreed to. After discussion the bill passed by
"a against 10. .
! 10 the House Stevens of Pennsylvania, report
ed back the diplomatic appropriation bill.
e Davis of New York, reported back the Senate
amendments to the Legislature, executive and
judicial appropriation bill. The amendments
were generally uuimportant and eoncurred in
! Hooper, of Massachusetts,, from the committee
on banking and currency, reported substitute
for the bill amendatory Of the national currency
act. Ordered printed. ..sE' % 3,
Alley Of Massachusetts,, from the postal com.
mittee, reported the Senate bill to encourage the
construction of Independent telegraph lines
which, after considerable discussion was passed
BY ayes y, noes Al. During the debate on this
bill, Alley Of Massachusetts, declined to have
any amendments offered, on the ground that If
the bill was sent back TO the Senate at this late
day. it would be equivalent 10 killing it. He
therefore declined to yield the floor to the enc
mics OF the bill to propose amendments which
they knew would most certainly kill it, but he
did not propose to deny the privilege of discuss
ing the measure in good faith. Proceeding with
his remarks, Alley said, all, or nearly all the
telegraph companies of the country were re-
Gently consolidated into one, which now pre-
sented capital of SAL ,OOO, 900, and was GER
tainly the most gigantic monopoly in this coun-
try,if not in the world
The American people were subject to the die
tation Of that company, and every one knows
how much power the telegraph had for evil or
good. This bill was not to oppose that cotnpa.
ny but to protect the rights of the Onion Con-
gress h2d few years since granted privilege
to the Pacific Telegraph Cothpany, but that
company had not acted in good faith toward the
Government. 1t was to charge but three dos
lars a message from tue Missouri river to the
State line Of California; and it was understood
that message Of ten words was to be sent from
Washington to San Francisco for four dollars,
of ten words, and refused 10 receive
payment in the currency of the country.
Hale of New York, opposed the bill on two
grounds. The first was that stated by the gen. |
tleman from Ohio, the soundness of whose ar
puuent could not be cOutroverted. The second |
was, ttiet iIder this bill the Cuban Telegraph
Co. for instance, and other foreign companies
could enjoy its privileges while their govern
ments refused equal privileges to American cit
izens. Any company might under this law eK-
tend a line beyond a marine league from the
sdofe which our jurisdiction covers and here
make connection with foreign company char
tered By foreign government. He desired to
have, the bill amended in both particulars.
Alley remarked that no one had said word
against !Se merits of the bill, but every gentle
man with vhoui be had conversed had been
found to admit that it was bill Of great merit,
and that there should be a remedy for the evil
complained Of So far as the Constitutionality
was concerned be had nothing 10 say, as be was
no lawyer-but eminent lawyers in Congress
with whom he had conversed, had said that
they believed the bill was perfectly constitu-
tional He had anticipated opposition to 1t.
he understood what appliances were at Work TO
defeat it. He understood that the manager OF
the great telegraph monopoly had been on th 9
floor to-day seeking the aid Of members in oP-
POSITION to the bill. He had no aoEot It might
be i'm proved in certain points, bat be did not
want TO run the risk OF senulnB tuo pAiA SNN@ "
the Senate at this stage of tbs session. =.
Kasson, of Iowa, declared he bad no nithcql
about the constitutional ques.icr. The dl5-
entity with him was practical one. The Bill
did not reserve to the United States as II should
The control of the telegraph rates, and there was
nothing to prevent a perfect accord between
existing companies and those e be organized
nuder this act in regard to establishing rates OF
fare. He argued that the telegraph should be
out in connection with the post-ofhce depart
meut as soon as possible. His object was to III
he maximum rates which should be charged
under the bill.
Washburne, of Illinois, expressed his wiling
ness to do anything II break up the present stu-
penduous telegraph monopoly which had become
oppressive to the people. These telegraph COM
panies had been combining confederating and
every telegraph line IN the coun-
.ry, and the people were now being taxed enor-
nously for the telegraph facilities. Sod
xOxErARY AND cOxNEatiAL. 4
New YoRK, July 1.-THE Post's money article
lays There is no scarcity Of gold for delivery
snd loans of coin are made either without inter
EST OF ffree otsfour per cent ip favor OF borrow
srs. The foreign demand for United States secuS
titles is the only feature of interest on the stock
exchange. There is much activity in the loan