Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1866-04-10

I association. organized under the Law
Z Of any State which shall apply
for authority 70 become a national bank
under the act to which this section is an
Hanaendment, before the lst day o.
I october, 1885, and shall comply with al
! the requirements Of said act, shall, il
such bank be found by the COmptroflel
Of Currency 70 be In good standing aud
/ credit, receive authority 10 become q
national bank; provided that banks Of
unimpaired capital in States which have
heretofore secured the least reliable
amount Of circulating notes under the
provisions Of said act shah have prefer
ence on receiving such authority,
amount Of circulating notes to be de-
livered 10 banks thus converted
from State Banks 20 National Assoeia-
ti0ns shall not exceed ten million dollars,
and the new associations may be organ
lied in all the States and Territories
which have heretofore secured the least
proportion Of circulating notes, under the
provisions Of said act provided, that the
total amount Of circulating notes to be
delivered To the associations thus 0rgan-
lied shall not exceed fifteen millions
until after the lst day Of October, 1866,
when, IL any portion of the ten millions
of circulating notes allowed for the con-
version of existing State banks shall re-
main uneirculated, the amount 50 re-
naming shall be used for the organization
Of new associations under this section.
H0use.-Mr. Payne presented resOlu-
ton adopted by the Chamber of Com
merce Of Milwaukee In regard to the
bankrupt law. Referred to the select
committee on the subject.
The regular order Of business being the
call Of the committees for reports of a
private nature, Messrs. Harding Of Ken
lucky, Taylor, Sawyer, Lawrence Of
Pennsyl vania, Stillweliand Van Aerman,
from the Committee on Pensions, made
a large number Of reports, which were
acted upon. 4 recommendation by the
on these bills to grant a pen
sion Of seventeen dollars per month to
the widow Of Col. Pickett, 18th New
York volunteers, provided that in case of ]
death OF marriage Of the widow, the PEN
sion should revert to the minor child of
Col. Pickett. This being new principle |
in pension bills, gave rise t0some debate. |
Mr. WashbuTne, of Illinois, moved to |
amend by striking out that provision. /
The House, however, rejected the amend |
ment, and the bin was passed. Other (
bills were reported and passed, contain /
lng similar provisions
At the expiration of morning hour. the I
House resumed the consideration OF the |
contested election case OF Dodge as.
Brooks, from the sth Congressional Dis
-rict Of New York.
Mr.. Brooks resumed his argument. an 4
additional hour being granted him.
After Mr.. Brooks concluded, Mr.. Dawes
sustained the report of the committee.
The latter was interrupted several times
Jy Messrs. Marshall and Brooks, the lat
er being called to order by the Speaker
n one instance. The amendments were
-oted down and Mr.. Brooks was de-
Jared not entitled to the seat By a vote
If s. to As, and Mr.. Dodge declared as
Untitled 70 the seat by vote of y to -.
The oath was administered to Mr.. Dodge
md he took his seat.
The motion to reconsider the vote re-
Getting the bankrupt bin was fixed for
consideration on Monday.
A message from the President recon-
nending appropriation to satisfy the
lain owner Of the British ship Magician.
which was referred. Also, a message
rom the President covering eommunica-
ions from the Secretary of the Treasury
nd the Postmaster General, suggesting
notification in the oath prescribed by !
ct Of July, 1862, expressing his full con-
urrenee in recommendation and earn
stly commencing the subject to Con-
ress- Referred to Judiciary Committee.
'o-morrOw is set apart for debate.
Adjourned.