The Evansville journal. [volume] (Evansville, Ind.) 1866-1870, 1867-12-03

/ GERS and soldiers who served in the war o
wars up to, and including the Black Hawk
| war.
Brooks offered a resolution. declaring
that In the opinion of the House the CON
traction OF the currency of four millions o1
dollars per month authorized by law but
OF the Treasury ought, during the present
depressed condition of commerce and
manufactures of the country, to cease. He
moved the previous question, which the
House refused 10 second, and IngersoIl ris-
ing to debate, the resolution went over
under the rule. IngersoIi obtained unan-
the Chairman OF the Committee on WAYS
and Means. He on the first day of the ses-
sion introduced a bill to repeal that sec
tiOn of the law which authorized the con-
traction of currency. and had il referred
to the Committee on Ways and Means
and he desired the Chairman of that Com
mittee to state when the House would
have report on the subject.
Sehenck replied that the Com mmittee had
as yet been unable to consider more than
one important subject relating to finance,
and on that was prepared to Teport-refer-
ring to the repeal OF the cotton tax. The
ComIp1ttee proposed to meet from day to
day, and to grapple as best .t could with
every one of these financial subjects and
be apprehendeda report would be made
at an early day on the subject, to which
Ingersoll referred, and on other Important
matters.
Ingersolt declared that the reply was per
fectIy satisfactory, but he wished to call
attention to the fact that the Secretary of
the Treasury was depicting the CURRENCY
at the rate ofone hundred and twenty Il We
thousand dollars a day, thus taking the
very blood out OF the people.
scnenck remarked thai the COMMITTEES.
although very young in life, was OF at all
asleeps sand he was Inclined tothink that
not only the gentleman from Illinois, but
everybody IN the country, was thinking
on the subject, and the committee pro-
posed to act upon 1t as soon as possible.
but not without some little delib-
Grafton. One reason why the COM
mittee had not hurried to report on any
of these subjects was. that it had yet to get
the reports OF the Secretary of the Treas
ury and his various subordinates.
Ella offered a resolution instructing the
Committee on Ways and Means TO inquire
into the expediency of authorizing new
able afIer thirty Years s1 IN coin nS by sse Of
. per cent. bonds, the interest payable
semi-annually in coin and bonds, taxable
at the rate-Ofl l per cent. to be deducted from
the interest when paIG also, providing for
notice TO be gwen to holders OF Govern
ment obligations now due, or hereafter to
become due, that lhey may receive such
bonds in exchange or payment, according
to the tenor OF such obligations. Adopte d.
Banks offered resolution declaring that
public policy and national honor, alike
forbid the reduction of the funded debt of
the United States into deprecated paper
currency. He moved the previous ques-
tion, which the House refused to second.
The Secretary of the Treasury was direct
ed to furnish information as to the amount
of Revenue tax received from National
Banks during the last fiscal year, and the
amount OF Interest drawn by such banks
from the Treasury.
The Commissioner of Pensions was in
structed, on motion of Coburn, to inquire
as to the expediency of providing boun-
ties of land for soldiers in The late war.
On mOtiOH of Maynard, the Commit
tee on Banking and Currency was direct
ed to inquire as to the expediency OF re-
quiring National Banks, from.the lst of
May, 1858, TO redeem their circulation in
coin.
Ashley, of Ohio, introduced a Joint reso-
Constitution of the United States. Re-
ferred to the Judiciary Committee. It de-
clares all persons born or naturalIzed in the
United States, and who are subject to its
jurisdiction, citizens of he United States
and of the State or Territory wherein
they reside; makes all such citizens who
cept untaxed Indians, electors where
they reside; makes IL incumbent on
public schools for the accommodation of
all children. 1t also renders ineligible to
seats in Congress or any military or civil
Office under the Government, all who
Legislature, or who held a commission
above the rank OF Captain in the rebel
army, and provides that the validity of
the public debt shall not be questioned,
and that no part OF the rebel de { shall
ever be recognized, or payment made for
loss or emancipation OF slaves.
The Speaker announced that the hour
fixed by a concurrent resolution of botn
Houses for the final adioul nment of the
arrived, and he, therefore, declared the
session adjourn ed without day.
The second session of the FOrtteth Con-
greSs, the Speaker dec AIRED, wa, in con-
formity with the Constitution The For
tieth Congress of the United States would
now commence its second session. The
session was opened with prayer by Chap
lain Boynton.
The roll was called, and one hundred and
forty-slx members answered 10 their
names.
A message from the Senate was received,
announcing its appointment OF a COM
mittee to join a similar committee from
the House, to wait on the President, to in
form him that Congress is in session. and
is ready to receive any communication he
may choose TO make.
On motion of shburne, of Illinois, a
like committee wa authorized.
subsequently Washburne reported that
the Committee had waited on the Presi-
dent, and been informed that he would
send his annual message TO Congress at
half past twelve tomorrow.
Maynard offered a resolution for new
draw of seats, but on motion of Spauld-
ing, it was laid on the table.
AT "a o'c4 ock the House adjourned.