The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1867-02-06
WASHINGTON
Defeat Of the Bankrupt Bill IN
the Senate.
Investigation Into the Cotton Sales B,
the Treasury Department.
EntAv isiastic Reception OF Genera
sheridan by the 10W,e.

SnerlQ1u w tu0 uOWBcs
WAsmNiroS, Fen. 8, 1861.
Defeat Of the RankrRrt Bfii In tho Senate.
The Bankrupt bal defeated IN tho Senate today
by vote Of 20 10 "a was Lot party vote with the
xemocrats ana conservatives The power given by the
snl the Chief Jusce Of tho United States 10 nominate
n the registers OF tho Bankruptcy Courts was serious
objection They desired that eacn District Court should
KS register The Massachusetts, senators objected
20 the release OF any bankrupt who did not pay fifty
eenss On dollar and also 10 tho benefits Of the bill
being extended TO the people In The Southern states
reconsideration Of the vote by which the bill
yeeied will probably be Ind In day two When IL 81
by what small the bin lost IL 10 reasona-
bic 70 infer that 1t may yet pas&
THE Southern Plan of Reconstruction.
Southern gentlemen now here connected with the
newly developed scheme Tor the pacRcaon OF that
Non regTe, the premature publication North aud South
Of two different statements; but there doub, both
contain substantially truthful points. They further cay
mai this project originated with Southern gentlemen
without formal consultation with either OF the political
directly interested.
Cabinet Meeting.
me Cabinet convened at the usual honr and con
sanued in session until nearly three O'Clock, all OF the
neubers being In attendance General Grant pres
eat and Secretary Stanton remained for some time in
consultation with the President after the other members
,en u Is said that important military matters were
under consideration to-day 10 the Cabinet
Concerning Bills TINT Have Become Laws
without the signature Of the President.
As much comment has been occasioned by two i'm
Dertan bills becoming laws without the signature OF the
President tho following communication from the Secre-
say OF State, which has been laid before the House,
may prove Of interest in that connection
DEPARTMENT OF STATE,
WAsHINGTos, Feb. I, 1867.
R-I have had the honor 10 receive an authenticated
copy OF pre- amble and resolution passed by the House
q Representatives yesterday In which am directed
INFORM the House whether certain laws wit bin
70 repeal section thirteen Of act TO suppress the
recoD to punish treason and rebellion, and seize
poees approved July H. 1902 and another BIZ to resu-
hate the elective franchise the territories OF the United
States, which bills are reported by the Committee
eproled Bills to have presented to The Presiden,
Of the United States respectively the eth and 18th
have % sas a the swo laws referred
IN the resolution were This day filed In this department
together with an accompanying note from Colonel Will
si4D 9. Moore which note s AZ foliows:-
EXECUTIVE NAsslcr,
-. - ...4,.. - W "a p e; J.n;Si 1857
81 repeal section tSrsssa suppress p:aTrsc
T.s I and 70 sa
Su S and e e. ~ no s s
lss.ssd ne pIssasnt 70, Il: ,gpress and have
sesn returned b. him 70 the Suse n which .h.y orgin
e: III: ss s ss sy :ss
quiz 'ifs sy; s'Sss: e: sS;
':''ea WIN ssss. n scsRs rn,.,
- Hon. VIZ II. sswAsD, Secretary Of State. =
J have the honor 70 BE- sir your obsdlen. servant,
WIN. b. SEWARD, Secretary Of State.
10 Hon. scHurxR CoLrAx Speaker Of the House OF
Representatives
Funding the Compound Interest NOtes.
the Senate Finance Committee to-day adopted the bill
proposed by the leading bankers Of the country with the
endorsement OF the Secretary Of the Treasury for fund
Ing the compound interest notes
visit Of Grant and Sheridan 10 Both Houses
Of Congress.
General Grant and Major General Sheridan entered The
ueose II Representatives to-day while the Clerk OF The
House waz reading q resolution The members at once
assembled around them, and the Handwriting move.
sseni vas vigorously engaged in whio the CLERK con
unued 70 read 10 the backs OF nattentive members Mr.
Bchenck interrupted the proceedings by the announce
neni that Major General Philip sheridan in the
House. -~s moved that Of nve minutes b. taken
In order that the er-.ssr might introduce him TO the
House, which was unanimoursy -oreed To- The an
sosncement made by Mr.. Schenck was recc,,ea With
applause from the floor and galleries Speaker Ccfax
proceoded 70 The group, led General Sheridan 70 the
Speakers desk, and introduced him-all the members
x1sing 20 their feet-by saying 'that u afforded bim
much pleasure to carry out the order OF The House
introduce Major General Philip Sheridan, OF tho Jntes
8<atss army. While tho country will ever rememoe
vish grateful hearts the sacrifices loyal sons
can fail TO hold in the highest remembrance
Who was bravesi among the brave aud trues, anon
the true" General Sheridan then arose, and wa
greeted by loud and long applause He spoke in los
end modest Tone and said :--"Gentemcn, thank 20,
s1r this kind and unexpected reception Genera
Sheridan accompanied by General Grant, stepped 10 III,
aaor beside the Speakers desk, where The member
Nth one sccv'a r-ss.d forward 70 take the hero o
vishsr's HM by tho hand. The ndIvIoun Yp--,,-r
ever, Generals Grant aud sherd-- faxed ~ the aisle
90 General Gran. ss sss,r :, NJ among .oe dess'
s-Ascn !. sAied himself, next 70 rbad stevens
Asrs- taking the chair next 10 Grant Tbss
- Scarcely eesablished In their ssats bsf,r,
photographic albums began to accumulate on IN. ae.r.
eeeevs thsn and members pressed forward with cs-..
- which 70 receive the ilusirous names During ,,a
Ash hour hey remained In the House. General Oh
was keeps busy writing his name, while General Gran,
secsived m occasional call for the same favor and o
sseyss NE Intervening time 10 converting with the
's0rsat Commonerr
In the Senate the reception Of General sbera.n was
sss - formal ~ vss In the Honss bot was the
asss hearty The Senators unanimously left their
end sxissded 70 bin cordial greeting. One prominent
benasor remarked 70 those with whom he couvers
~ thss Phil Sheridan vas the hero Of tho day, 'a
me pet Of the nation" sheridan called tho f'os@
Asns tbts morning before the meeting OF tho C,'n0N
Taxes and Dsfics On National OAKS.
fhs SECRETARY Of the Treasury, In >'mn'n'0s''on Y
ms houss Of Representatives, rsrarns resolonon
- that body says the ,axes duties paid by national
sankins ssscc,siep. y sas Uul,ed states consist Of
internal revesv. as levied by the internal
laws Aps COLLEGES under the supervision Of The Comms
sssu OF ip'sfnai Revenue, and the semiannual duty
sss'sd " me toryfs section Of the National Currency
-ss lSs~ collected BY the Treasurer Of the unised
- 'omnuoieaaioa from the treasurer, dated
scaling associations sonlanns,, oo,y .c,nn 80,
q jag J, 1866. 10 be t.2ss,ssc A commyncs,on
msm - Commissioner Of Internal Revenue snov. An.
sesA Asusa paid By national banking associations a.
Asssn9 revenue ASss W duly an ,sao !.
elusive, 70 BE- ss,424os4, making N. ,o,.,
assnps - ssccrained receipts by the vru.a s,,,.s
No. sncA sociafons on all accounts ns sis ESQ ssx
In - - x~~t.