Evening star. [volume] (Washington, D.C.) 1854-1972, 1867-02-22
CONGREGATIONAL.
SIEATH.-lrrlrrdar anrrnnon-

SrEATH-l esierday an~rnoon-
MT stss presented the credentials OF Ly-
man Irumbull Senator elect from Illinois
from March 4, 1867, 20 March 4, 1913. Read
and ordered TO be fleo
Ths bill in relation to the Indian Bureau
vas D. taken mp. The Senate bill h for
annual inspection Of indian affair. To this
the House seRds back a substitute 20 traaster
the Ind an Bureau TO the War Department.
and agsinst HE the Senate t,ommit,-- on In
dian Affairs make a unanimous report
Mr.. Sherman moved that the senate non
concur In the House amendment and call for
q com miitee ofeonierence-
Pending the consideration OF this question
the 80 nate. on motion Of Nr sherman. went
into executive session; and the Senate ad-
Journed at we O'Clock.
Atihe evening session, the bill was again
considered, ana discussed untu go y. m.
when the Sci adjourned without action
HoUsE.-Yesterday afternoon
Inc bill 10 provide Ways and Means 20 the
payment of compound interest notrs and 70
prevent further contraction OF the currency
was T-Jeeied by vote on Its passage OF yeas
IS, nays ~
MT Randall (Pa.) moved to reconsider the
.ote reJecung the bill, saying that then he in-
tnoed TO move 20 strike out the second section
defeat.
(Ihe second section repeaIs the act OF the i2,h
ol hpIi, leto which directed the retiring and
cahceiling OF four millions OF grepnbscks uer
mohtb, and prohibits any such retiremen MT or
esnceiIaGon during the current year.
mr.. Rollins moved 10 lag the motion 20 re-
consider on the table
IT The vote was then taken by yeas and nays,
- tne motion 10 recon ider was net laid ON
the table.
The vote REJECTING the bill was then recon-
sdeIed
Mr.. Randall tPa) moved TO refer the hill "a
ne committee on Banking aud Currency
Win instructions TO report back immediatei
tDe nrst secton of the bill, the second section
70 pe struck out He proceeded 20 arsus an
support OF his proposition. He proposed 10
ave the eonpouEl interest notes retired and
legal tender notes issued 10 The e1tent ~ one
hundred millions, and he affirmed tbat ms
substitution would not xpand the cur-sncy
Mr. Boyer inquired whether there was any
thlng In the law 10 prevent the banks putting
into circulation the 500 NJ nNn legal rsndsr
notes proposed TO be issued.
NF. Randall replied that there was: that
the banks were required TO mold this reserve an
law ful money, and he don bted whethar -
oanks had the legal right 10 hold their com
pcnnd-lnterest notes part Of their reserve
Mr. Hooper argued that as the banks were
ehllea 10 hold three -hfths OF their reserve in
the balances other banks. they would do so and
put the new proposed issue OF a hundred mil
hon IN circulation.
Mr.. Randall denied that they would or could
do so. " NOiu
Mr. Price spoke in support of the motion Of
Mr.. Randall TO refer the bilI 90 the CommIt,ee
on Banking and Currency with instructIons
10 report IL back Immediately, with the second
section struck out
Inc motion was agreed to-
Thereupon, instantly, Mr.. Randall rose and
reported, from the COMMITTEE on Ban King and
Currency, the bill, with the second section
The bill was then ordered TO be engrossed
ana read third time; and the question on its
passage was taken by yeas and nays, resulting
yeas 95, nays 65.
30 the bill was passed
IL consists OF but one section, as follows:
ne az enacted. That the Secretary of the Trsa-
sury De and he 10 hereby authorized and di-
recied TO edeem compound interest notes win
,ne accrued interest and TO issue therefore
United States legal tender notes without IN
efest, not exceeding in amount one hundred
At the evening session, Mr. Brandegee. from
the CemmIttee on Naval affairs, reported a
resoiutlon directing the Secretary OF the NAVY
70 appo.nt % board OF not less than three com
petent Officers 10 examine into all the facts cor-
nected with the location OF the Naval Academy
al annapolis, with a view to the expediepcy
OF removing the same to a location more ad-
Nahtageous 10 the Government, and TO make a
careful survey and examin alton of the harhors
OF New LondeR and Newport for the location
Of such Naval Academy, and TO report ali the
lacis 10 the Forueth Congress.
The morning hour expired before aetion
oelng taken, and the resolution went over tiIl
Inesday next in the morning hour
,rn,l nr, Davis asked leave to offer resolution
Ihsructlng the Committee of Ways and Means
70 report bill authorizing the Secretary of
the Treasury 10 issue United States notes. NOT
De earlng interest, and not exceeding 5000 Ooe,OOO
IN amount, 10 redeem the Seven thirty Rotes as
they become due.
Mr.. Tbayer and others objected.
ne House then went into Committee Of the
Whole on the State of the Union, and resumed
The consideration CT the tax bill
Mr Hooper moved TO amend the eleventh
secuon, which enumerates articles on the
aooitional free list so as 70 make NJ go into
operation on the LIST OF March 1867 Agreed 10
Inc entire session OF the committee was con-
meo In acting on the additional free list and
the various amendments proposed thereto
AT lO;aO O'Clock the House adjourned.