The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1868-12-15
BY TELEGRAPH.
ON q r e $ s .
SENATE.
wAsulNoroS, Dec. II.

| mo Legislature OIL hlSSlSSlppl dud OH
ers, alleging that the constitution was
adopted by a majority OF the registered
voters in the State, and praying Con
gress to recognize II as the constitution
of Mississippi, and put In operation the
State government under il. Referred
TO the Committee on judiciary.
Mr.. Morton introduced the following;
n bill to provide for the redemption
| in coin Of the United States notes and
fractional currency. and requiring the
national banks to redeem their notes In
coiU.
Bel enacted &C., That hereafter there
shall be no sales OF gold belonging to
the Treasury OF the United States. and
that the surplus gold now in the Treas
ury and that which may hereafter ac'
crue over and above the amount requir-
ed to pay the interest OF the public debt,
and i0r other specific uses specified by
law, shall be reserved and set apart for
the redemption of The United States
notes and fractional currency.
SECTION .. And be ii further enacted,
That on and after the first day OF July,
1871, the Treasurer of the United States
shall pay in coin at the Treasury of the
United States, at Washington, in
the District OF Columbia, and at such
oihOr points as may be designate by
the Secretary ofthe Treasury, all Unit
ed States notes and national currency
that may be presented for redemption.
SECTION 3. Be it further enacted,
That on and after the first day OF Janu-
ary, 1872, the national banks shall pay
in coin such of their notes as may be
presented for redemption. and shall on
and after the first day OF July, 1870, re-
serve and hold in their vaults all the
coin that may be received by them as
interest on their stocks, held by the
Government for the redemption oftheir
notes.
SECTION II. And be ii further enacted,
That until the first OF January, 1872, at
which time they are required to begin
the redemption OF their notes. the ma.
tional banks shall keep and hold in
their vaults the whole reserve OF legal
tender notes, rs now required by law,
and that on and after that time the re-
serve OF legal tender notes, ns fast as
Withdrawn, shall be replaced with coin,
in like amount; and said banks
shall thereafter be required to hold II
reserve in coin in the ike amount, and
| for the same purpose, as now required
by law TO be held in legal tender notes.
| IroUidcd, That the Comptroller of the
| Currency may, with the assent of the
Secretary OF the Treasury, allow each
bank to hold portion of said reserve,
required by law, in the United States
notes.
SECTION B. Be IL further enacted, That
the Secretary OF the Treasury may cause
so many of the United States notes that
may be redeemed under this act to be
cancelled, as may in his judgment be
| necessary to the proper Limitation of the
| currency; provided further thnta frac.
| tiOnal currency that may be redeemed
shall be cancelled.
SECrIoS i. Be II further eMuc ed, That
on and after the first day OF January,
1872, the United States notes shall cease
to be II legal tender in the payment oi
debts, but shall be receivable on pay-
ment of government dues as now pro.
vided by Law.
SECTION Z. BE it further enacted.
That the Secretary of the Treasury shall
have the power to negotiate and sell
bonds of the United States, to be due
i'll thirty years, and releema BILE by the
| Government at its pleasure after ten
wears, bearing interest at the rate of
per cent, the principal and interest
payable in gold to such an amount as
may be necessary to carry into opera
| ton the provisions of the second sec.
IiOn of this act.
The following bills were also intro
duced BY Mr.. Williams; a bill to es-
tabIish uniform rate or naturalization
and to repeal all acts heretofore passed
upon that subject, referred to the Com.
mittee on the Judiciary; by Mr.. Pome'
roy: A bill to create u department oi
Indian affairs and to provide for the
civilization and government OF the In
dians, referred to the Committee on Iu-
dian Affairs; by Mr. Cole: "A bill
relating to the paying of contracts
payable in coin; referred. BY Mr.. Ferry,
| bill to amend the naturalization laws;
referred TO the Committee on Judiciary.
BY Mr.. Kellogg, a resolution requesting
| the Secretary of War to communicate
any information received by him from
the officers of the Freelmen's Bureau In
reference to the late. disturbance N Loui'
siana; adopted. Also Il resolution ask
ing the Secretary of War to inform the
Senate what number of troops are en-
ployed on the plains, and whether any
| volunteers are so employees; II so, by
whose authority. Adopted.
The Senate went into executive ses
sion at 1:45, and continued about fifteen
minutes, after which Mr.. Catiell intro
duced n resolution censuring the Presi'
dent for his views in his message in re-
lution to the national debt.
The resolution was briefly debated By
Messrs. Cattell, E1munds, Hendricks
and Nye, and then was referred to the
Committee on Finance.
Mr.. Wiley introduced similar reso-
| luton, which was referred TO the same
| committee.
The Senate agreed to the House reso-
luton TO adjourn from the 2Ist inst. to
January 9th, and adjourned until to-
morrow e.
A bill was introduced providing fol
the defence of the Northwestern iron
tier, and making grants 10 the North
| American Railway. teferred to the
| Military Committee.
| A large number of bills and resolu
I Il Il 4, Sol
| lowing: BY Mr.. Miller: Declaring tina
the principal Of the United States bond'
shall be paid in coin, referred to the
| Committee on Ways and Meaus; by
| Mr.. Garfield: To legdlizs gold contracts
| referred to the Committee on Ways ant
| Means; by Mr.. Spaldin4: Declaring
that Congress will not entertain any
project that looks directly or indirectly
10 tho reputation of the debt OF thu
| United States, and thnt It abjuTes un
hesitntingly, the proposition embraced
| in the Presidents message. Ot applylni
| the interest OF the six per cent. bond!
| in liquidation of the principal, reier
| red to the Committee on ways ant
Means; by Mr.. Plants: To divide thu
State of Ohio into three political dis
trIG;s, referred to the Judiciary Com
mittee; by Mr.. Paine: TO repeal tina
provision OF tho act of March I'd, 1857
which forbIds the maintenance of SlatI
militia in North Carolina, South Caro-
lima, Florida, Alabama and louisiana
referred TO the Committee on Recon
struction; by Mr.. Hubbard, OF W. Va.
The Joint Resolution oil the West Vir
ginia Legislature asking Congress Il
aid In the completion OF the Chesapeake
and Ohio Railroad, referred TO the Com
mittee on Roads and Canals; by MIR
Polsley:IA like resolution, asking Con,
gress to pass a law to incorporate thu
/ Washington md Cincinnati Railront