The New York herald., 1867-02-15


N soA necessary 70 b used BY the government before
JAnuary l. 1888 $50 000 600 He couended that the
gold balance should not be Diminished but should DO
kept a. steady reserve to maintain the power Of the
goyerpnent TO prevent ucuations and 10 prepare Tor
the contingency Of declining revenue and for specie
psymenis therefore the balance Of money on hand
could not Be relied upon TO any considerable extent 70
thaa they could mot b paia BY selling additional gold
bearing bonds The whole Of the present debt, he
% Win Se so y s1
This 10 event ought 70 BE- increased The compound
interest should be met either by temporary loan
legal tender The public debt II not increased be-
yond ts present lms could he rapidly converted into
bonds bearing lower rate Of interest and would not be
material burden upon the people Mr. Sherman then
stated his objections to further issue OF legal endef
notes i was not the policy Of the government now 70
increase the volume OF legal tenders unless 10 meet
temporary revulson which coud not be guarded against
The maximum Of currency has been reached and passed
policy must not be departed from until specie PAYMENTS
are resumed This might be severe on the people pu.
debt could avoid The miy remaising resource the
temporary arrangement proposed In the bill -,
Mr. TRuxsuIL said he had not expected that this oil,
to offer any opposition TO II or attempt to discuss It
The bill was then pressed as amended. and goes
70 the House, passed by the Senate this bill in the
following language
enacted by the Senate and House Of Representatives.
q the United States q America hns M
terest notes outstanding the Secretary OF the Treasury
IL Ss aa s
act e ns ss ssrS S ana nmsa for s
ING S'si f asns % % debt q United FsSrS
ss.'.s sss;s ss
as map ana Be held By any
Ing owning the r s ~ ss
provide national currency secured by pledge %
sai 90
not twohfhs Of the entire reserve Of such bank
vidsd further e saoh temporary osi.a
at time outstanding shall not exceed one hundred
Mr. CHANDLER, trep) Of Mich. moved 70 proceed to
the consideration Of the Niagara Ship Canal bl pending
which motion the Senate took recess until seven
o'clock
The Senate met at seven O'Clock this evening
NATIONAL CEMETERIES.
Mr. WILSON called up the bill to establish and protect
cemeteries, which was passed and goes back TO the
House for in amendments. The following
arc the prov isons Of the bill
essabished for the burial soldiers ans n
70 o each w s. @ n sd q a h a.ve
corresponding with the number opposite 70 the
Of The s II oe c e % 70 ss seps e.
which a s set oss S the sos II s s
ns q war hereby ..s e he @
national cemeteries aforesaid suitable building 70 ne Gc;u
II sss be
a1s e Tg pag o and s %
Sergeant 70 reside thereon purpose guarding and
gsifSss ~ ss"ssif ere sys
1r Fl he S so, ns 1 70 IN and
him hecondon of The same and the amount Of money
walks ard 70 Keep she srO1ads. n
ae % aes :ns at the o each ses
pgeter with estimate Of the appropriation neces-
sss s., That any person who shan wilfully des-
mey gravessone or other structure who shall WI.
SS destroy cut break e.. % sre S or reaSe Se any
to5os, shall bc deemed guilty Of misdenesncr . and and
y United sass: Where any
s & & oa % s % Of no nos '' sss ssn
feen than sixty days according g the nature
s e "a 'a
sns e 5s
Sna ss & ss TSsd s @
rc where any .sd cemeteries situated for the
poe z, ans z iad IL ds
1hsit shah Be- the duty Of the sscrstary q war
y;
IS Suitable and mecesssry for the purpose o carrying into
en- ,s. ,6S :ss
the Secretary War shall not able 70 agree with said
% c sp1 es 1 " s g p
81 as ~ ,sf
appropriate any real estate which IN his Judgment is suit
ans Se or
srpV Of 's s u !. ssa rs go sns a &
district where such real estate situated aud any Of said
ton and n such mode and under such rules regulations
81 81 70 s o s na
Of the real estate and improvements thereon entered
nps@ ns PM IL pTavon ie '
SEC g That the fee simple of all real thus entered
as
Ss ~Ssr
s n ssS ss o thu sr %
the .ad real estate Improvements BY any q nth the said
the dsposns the said appraised value in the said court
making such en- S The & credit 81 said % ~
jurisdiction over said real estate shall be eHsnsye ana ,hs
for the purposes o. navy yards forts and
-enas Secretary o War hereby authorize and
the appraised he several pieces parcels OF real
e e. %, % c asS u Il I s " 4
provided the ssd appraised value and the sum necessary
atsd fog The p purposes b % Of s ns .res, TO
carry o, the OF this act ou. Of any moneys in the
treasury not otherwise appropriated
The Senate then proceeded to consider bills from the
Pension Committee. having met for that purpose by
resolution number OF private pension balls were
passed.
susnaERsHD TrBuLlH BRIDGE AcRoss THE MISSISSIPPI.
Mr. BRowS lrep.l o Mo- called mp the bill TO authorize
the construction OF submerged tabular bridge across
the Mississippi river al 81. Louis
Mr. TnusnrrL INQUIRED what had become Of the project
to build bridge over the Mississippi
Mr.. Brown said a company had been organized and
was about 10 commence the building Of this bridge
Mr.. HowARn. trep Of Mich, inquired whether this
style of bridge had been but any where in this
M HnSpgRsos lrcp) of Mo-, said there was tubular
hridgo under the river Thames al London which was
nearly two miles ions. That al 81 Louis would be only
The bill was passed and the Senate adjourned.
HOUSE OF REPRESENTATIVES.
WASHINGTON, Feb IA, 1867.