Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1868-01-29
HOUSE OF REPKesENraTIvEs. q


ing for payment of bounty to widows
aud children of three months and 'pipe
months volunteers who were killed or died 4
in. the service; also providing that when
soldier entitled to bounty has died while
his application is pending. and prior to the
resentatives shall be entitled to receive it.
Referred to committee on Invalid Pensions.
Mr.. POMEROY, from the committee on
Banking and Currency, reported a bill in
| relation to taxing shares in National
| Banks. .ssItsprexides that the words ..place
where bank is located and not else where"
in section Al of the national currency act
of June 3, 1864, shall beconstrued and held
| to mean Gsat the State within which the
bank is located, and the legislature of each
State, may determine and direct the man
ner and -place of taxing all shares of the
National Banks located within such States,
subject to the restriction that the taxation
shall not be at a greater rate than is asses
| Sed on other money capital In such States, !
and provided always that shares OF Ma
tional Banks owned by non-residents of
any State shall be taxed in the city or
| town where such bank is located and not
elsewhere.
The bilLwas explained by Mr.. Pomeroy
and discussed by .shim, Messrs. Logan,
Garfield, Walker, Peters, Harding, Hol-;
man, and others. The bill passed without
4 division.
| tee, reported back the bill introduced by
Mr.. Randall to regulate deposits of public
money. 1t provides that a National Bank
Il shall not be selected as public depository
in any State or place where is located the
Treasurer or an Assistant-Treasurer
oaba the monss uaissd cssetsa sflsss tnas s
i ceived for the Government in any such
city or place shall be deposited with the
i Treasurer, and shall be subject only to the
: draft of the Secretary or of the Treasurer
of the United States, as provided by. law.
under such regulations as the Secretary of
the Treasury from time to time shall deem
expedient, and shall establish any public
officer depository of public money other
wise than as provided in the bill. Any
person aiding therein is to be punished by
fine-not exceeding $4,000, and by impris-
onnent not exceeding three years.
After some debate, Mr.. POMEROY re-
marked that as the House seemed to be
unanimous in favor of the principle, he
thought the bill should be made more strin-
, gent. He therefore moved an amendment
| applying the provisions to all collectors of
! public moneys within 80 miles of city
where there is treasurer or assistant treas
, urer of the United States. The amendment
! was agreed to and the bill as amended pass
ed without division. no g!a .
Executive communications from the
President in reference to the formal trans
fer of Russian America to the United
i States, was referred to the committee on
Foreign Affairs; from the Secretary of the
' Treasury, relative to the expenses of the
2 Government in printing for the National
Bank circulation, referred to the commit
I tee on Banking.
After the transaction of some unfinished
/ business,
! On motion of Mr.. LOUGHRIDGE. the
: Secretary of the Interior was directed to
i furnish all information in his possession in
o reference to the lands acquired from the
Cherokee Indians. 'S-s
The House resumed consideration of the
bill declaring forfeited to the United States
: certain lands granted to aid in the con-
g struction of railroads in the States of Al
d ALBANIA, Mississippi,ELOuisiana and Flor
ida. &5s = - -
Mr.. JULIAN concluded his argument
commenced some days since, in support OF
q the bill.
g Mr.. CHANLER addressed the House in
4 opposition to the bill.
: Mr.. MoCLURG, Chairman of the select
committee on Southern Railroads, spoke In
+ support of the bill.
. Amendments to the bill were offered by
4 Mr.. Arnell, providing that it shah not ap.
q ply to the grant made to the Nashville
q Decatur Railroad Company; by MIR. Pile
!, providing that it shall not apply to the
grant made to the Alabama d Tennessee
o River Railroad Company; by Mr.. Blaine, g
g new section making forfeiture apply to al
n grants to State or railroad corporation;
: that have expired by Limitation. ~
q Without vote on the bill, the House ad.
= iourned