Evening star. [volume] (Washington, D.C.) 1854-1972, 1867-02-21
CONGRESSIONAL.
JHC1eDAY, February Il.

~ - ssTHu1eDAY, February Il. -
sSBHArn-Mr. Wilson pres .nted re- siu ions
g the solids q. And Sailors Union Isaseueo OF
Was hing tor. =. oreosiiion to ,o- boaa bill
paesrd BY the Houss. Referred to Uon Mite
on Millinery Anairs.
Mr. Anthony presented y petit IN In IA ver OF
rec 'ustrn &c Ion II the bOuadAr .ss of tho dtf-
mi States. Reierr.o to Dummies on Re-
! Mr Wilson, from the COMMITTEE on Military
hfSrs. y.psrsd gbe. hoas- ieiut res. 4g,dlr
renseFr et1s9eyFn meat property arO IN !,
Oh : - the State o: Ohio, 10 BE- used As "A
a I'M N for the Id lotto
The CoHmittes reported an ameudmen',
striking ont asylum for the idiotic aud insert
jng home for disabled isoidiers, whoa WAS
adopted. The bill was then passed. .....a ...
MT. Howard. from the Com mIttee on the
Pacific Railroad. asked and obtained leave 10
be discharged from TIE further Goa sid-ra ion
OF number Of bills author ~ ng RAILROADS from
different points TO the Pacific Coast
Mr.. Wilson introd uc-d q joint resolution to
surbof re trial or the com paratiy. resistance
OF IRON clad ships and stone Notifications to
the fire Of heavy artillery.
The JOINT resolution IN relation to National
Banking associations was p is-sd.
On motion Of Mr.. On sndler. Monday next
was set apart for Jhs con side ion OF ous,ue 50
rom the Comm tie. on Commerce
Mr. Anthony reported a hull TO amend the
avs rsiaiinr to the Post Ofies Department. 3
Mr Morr'li, from the COmm tee on the Dis
tlct OF Columbia, reported, without amend
Mtnt. the bill TO II duce The number of mem.
ters Of the Levy Court ofthe County Of Wash
lnRtop. d.. . .. ...Hr : - -
Mr.. Anthony introd uced q resolution, which
was adopted, instTucting the Secretary OF the
Senate t. furnish 10 the publishers OF th- OF.
hcial bates OF Congress ut the close of each
session The name and pos Off &c address of
each senator. with diagram of their seats to
be publish d.
the Judiciary, reported wrh an amendment
the hill to Iestor" TO loyal ciizeus In the South
lands confscated by the reb, l au' horIti-s
The bill to authorize the construction Of a
inn at lint Ia
was taken up and dIscu sed at great length.
HOUSE -On motion Of MIR. Stevens (PaD il
Was rrsoived thar hereafter the House will
meet daily at III o'clock n. IN
On motion OF Mr.. Alley. MASS the Sonata
OIL authorizing the construction of a sue.
merRed irot tubular bridge across the Miss,s-
sipW Tiver at st. Louis, was taken up and
passed. '. 1872
Mr.. Hooper, (Mass) from Cemmittes of
Ways and VI. ans reported, in obedience to a
RESOLUTION OF TIE House OF a few days ago a
Oil 10 provide WAYS and means for the paw
ment Of compound interest notes and 10 pre-
vent further contraction OF the currency
| The hrst section authorizes and directs the
Secretary to receive on deposit mpound IN.
terest nores, with accrued interest as A t.muo
rary loan with interest at the rate of 3.6j. loo
per cent per annum, the principal and inter.
constitute part Of the reserve fund Of the Ma.
uonal Banks, provided for by the act TO pro vide
| National Currency; provided shat not less
| than 2-5 of the entire reser We of such banks
| shall censi { OF U s. legal tender currency.
End the amount of such temporary csrtiHcates
SHAH not be hey ODd enc hundred millions Of
| dollars The second section prob bits fhe Sec
| rotary OF 'he Treasury from retiring or cancel
| ling u. =. currency notes, known as green
backs, during the current year,
Mr. Hooper proceeded 70 explain the bill.
| The compound interest notes falling due the
present year, the Secretary OF tue Treasury
new mas ihr power and way TO provide means
10 take up these notes by the issue OF 5-2J
bonds or 1-3O bonds, or he may increase the
| issue OF Treasury notes kno wn greenb backs:
but even then means must still be- pro vided 10
take mp these notes. The amount on Istan 4 ny
and failing due he present year IL over GU
hundred and forty millions. This bill 81 npIy
allows the Secretary Of Treasury to receive Il
temporary loan for which certificates shall
The LAY allows the banks TO hold the certi-
Acatrs as reserve, and a. they are PAYABLE
on drmand. the banks may at any time com.
mand lawful money for them.
Mr. Stevens pa moved to amend by strik-
ing out all of the fret section and inserting in
leu thereof the following:
BE ii enacted. dc, That the Secretary Of the
treasury Is hereby authorized and directed TO
reoetm the compound interest notes, with the
accrued interest thereon. and tn ISIS ne therefor
United States legal tender notes
mr. Hooper said ne couid not accept the
amendment, but he had no objection to have
an expression OF the House q pom IT,
After some further discussion, the pre yious
Question was seconded, and the main question
was ordered. "1 - :
Mr.. Hooper rose to close debate, and said he
would not proIong the discussion further than
to cay that the afne ndment OF Mr. Stevens was
calculated to produce an imitation OF the ar
rency. ana his tMr. HooPe-'-, proposition
Mr.. Stevens modified his amendment 40 "a
not 10 make an excess OF 800, 100000 to be is
sued; and the question was first taken 90 his
amendment, and it was agreed to-yeas 3d.
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