New-York tribune., 1867-02-22
WASHINGTON.


TAX BuI-INPORTANT IMPEACHMENT BVIDKNCk-RE-
PORT OF THE COMMITTEE OF THE SOUTH CAROLINA
NllRpRRS-MR WESTW ORTIrS COMMITTEE AT WORK.
PERSONAL
~ TE1EealPH TRIBUNE
WAsuSGToN Thursday, Feb. 81, 1861
Tn the Senate to-day very little business was Trans
acted A few hours were spent in discussing plH 10
bridge the Mississippi at Clinton, Iowa. Whch was
finally passed The bill to transfer the Ihulau pu
reau no the War Department then came ap ahd WIFI
out taking any action on it, long Executive session
uas held after which the dinner recess was taken
Animmense number of nominations 10 olhce "cio
disposed of in the Executive session.
The evening session in the Senate was occnpeu III
discussing the Indian Appropriation bill No conc'n-
sion was reached and the Senate adjourned ~ ''oo
The proceedings in the House to-day were devoted
mostly to financial matters and were of very I'M
portant and interesting character. The expansion
lists and cOntractionsts ont in full force, ana
fonght one another with great vigor. POhtlcs hau
nought to do with the debate, the Democrats All
being split MP and divided the question under us
oussion. The Western mon went sohdly for eXpan-
sion while the Middle States and Eastern men were
divided, but mostly for contraction. Mr.. Hooper
from the Committee Ways and Means, reported
IN obedience TO former resolution of the House,
bill to provide ways and means for the payment OF
the Compound Interest Notes, and to prevent II
further contraction of the currency. The first sec
ton authorizes and directs the Secretary OreceNe on
deposit Compound Interest Notes with accrued inter
est as temporary loan with interest al the rate OF
e65-1O0 per cent per annum principal ana interest 10
be pavabe on said demand said notes to constitute
mart of the reserve fund of the National Banks pro-
vded for by the act TO provide National currency
provided that not less than twOfifths of the entire
reserve of such banks shall consist of United States
Legal Tender currency and the amount of such tenn
abo rnpf ha hpVpn6
The second section prohibits the Secretary of the
Treasury from retiring or canceling United States
eurrencv notes known as greenbacks during the
current year. Mr. Hooper supported his bill III very
able speech. Stevens followed, and moved to strike
out the first section, and insert in heu thereof
The following: THAT the Secretary OF the
Treasury is hereby authorized and directed 10
redeem the compound interest with the accrued III
terest thereon and TO issue therefrOm United States
Iegel Tender notes. 1t was over this amendment of
Stevens that long wranging discussion on FINANCES
occurred between members. The banking members
had the floor, and the Western expansOnists and
Eastern contTactionists consumed over three hours
time in trying TO convince one another that each
was right and the other was wrong. Allison, Price
Randall Pa) Hill Ross, and Nblaek did the talking
for the expansion party, while they were opposed in
debate by Hooper, POmeTOy, Darling, Dodge, Rice,
Dawes, Dawson, Eldrdge and Boyer. AT one time
the debate got very spirited. Randall, an ultra Dem
ocrat was busily engaged speaking in favor of
6tevens's amendment, surrounded by large
number of Western Radicals and Democrats
who were prompting him. Opposite him was Hooper,
the center of large group of Eastern Radicals and
Democrats all of whom were opposed TO the Amend
ment. Politics were ignored, quite contrast with
the debate of the last ten days, while the Recon-
struction bill vas before the House. There was no
affiliation between Democrats and Republicans in
debate then Stevens's amendment was finally
adopted by the large vote of 70 to SO.
On the passage of the bill the Yeas were
IS and Nays 81. All the Western members voted
In the affirmative with the exception Of Blow
(Rep. Mo-, Dumont tItep, Ind.l, Eldridge Dem,
Wis., Fnck Dem, Ohiol, Harding Dem, Ky.l
Julian (Rep. Ind.), Kerr tDem, Ind.), lie Blond
kDem. OhiO) Niblack tDem. Ind.l Price lRep.,
Iowa) Spalding (Rep., OhiOl. and Wentworth lRep.,
III The Eastern members all voted in the negative.
Wilson lRep, Pal Barker lRep. Pa, Kelloy Rep,
Pal Miller rep, Pal, Stevens lRep., Pa.), Hub
bell Dem, n. ", Goodyear lDem., y. l.) Van
Aernam (Rep. n. W and Starr rep, n. J.l voted
in the affirmative An attempt to lay on the table
motion to reconsider the vote defeated 10y Sc to
gS. This showed the full strength Of the ultra con-
traotonists The second section of the bill the
Objectionable portion, and it was evident unless it
was stricken out the bill would fail. So the second
section stricken out by vote OF 80 to 95. The
BILL then consisting of eleven amendments for the
first section, was passed by a vote of % to 6S.
Bergen lDen., n. W Goodyear Dem., y. ", HUB
bell (Dem., n. ~. Van Aernam Dem, n w., Bout
well tRcp., MaSs.), Brandagee Rep, Conn.,, Lynch
rep, Me-. Myers Rep., Pal, Perham rep, Me-,
Randall DEM. Pa, Starr rep, n. J.) Stevens
tRep., Pa, Thayer tItep, Pal Warner tRcp. Conn.,
and Wilson rep Pal were the only members from
the Eastern and Middle States who voted for the bill
The absentees were Conlling rep, n. W Cook
tRep., ILL.,, Dixon tRepr r. ID DumOnt (Rep., Ind)
Eckley tRep. Ohio, Garfield, Rep. 0hio) Hale
lRep, n. ", Hubbard Rep, n. " Hubbard rep,
IowaD Jones Dem. n ", Lawrence rep, Ohio)
Loan tRcp, MOI Marston Rep., n. H., McCulloch
tDem., Md Morrill, rep, Vtl Newell rep, n. J)
Price rep, Iowa., Rogers Dem,, n. J.) Sloan Rep
Wis.,, Stillwell rep, Ind.l J. L. Thomas rep, Md
Van Horn lRep., MOI, Ward, Dem., Ky), Wash
bune Rep, IIll.) and Wright Dem., n. j. The
bill as il passed the House will in all probability pass
the Senate, although when the bill was before the
Senate Finance Committee the same proposition was
voted down unanimously by Committee.
The slow and mOnOtOnOus consideration of the Tax
bill was continued in the evening session of the
House.
Those who think the question of impeachment has
been given upand will die in committee, are greatly
mistaken, and will he startled one of these days
when the Committee reports. II is well known that
very large number of persons from all parts of the
country have been subpenaed TO appear before the
Judiciary Committee to give evidence in matters
which it is thought will help Impeachment. There
are persons here now awaiting call from the Com
mttee to testify to the restoration Of Government
plantations in the Southern States These planta-
fiOne were seized by Our Government "a abandoned