The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1868-01-15

Hfuu10ENI " <bCUND LkuIkU Mut.
FAIRY AcADgnY ~ " -
The joint resolution offered ,sais.s.v y, NJ W,fsox
the further APP entsn. or second lieu.
tenants except Ssp ga1Hs,s' the Military Academy was
Vpofsoo osSA sS0m sn0 seznmtscs without amendment
AksS, fcs DISTILLED srIRrs.
M :. onS reported back from aIov The
ing for ths sapoiatment Of commission Of i've 20 ex
anime AMI report meters for distilled Spirits with an
amendU.ent aging to the members OF said commission
tho existing @fnsslcn Of the Academy OF Sciences
FuSWxG THY ~N1noSAL DEB-DUTIEs LUxuRIEs-
ANAS.DhEST TO THE NATIONAL BANK ACT.
81 e. u ssssa 10 nso
the expodency OF providing for the funding and con-
soldaon Of the debt OF the United States into oblga-
interest at four per cent per annum, payable semi
Annually In cein and exempt from ali taxation; and,
further 20 provide for sns purchase Of such bond. nom
pecuDary ability or tho government may justify. The
committee shall have power also, to consider the pro.
prcy Of inposing high discriminating duties upon costly
fabrics ana luxures with view checking excessive
importations and consequent expectation OF gold,
and reducing the amount Of such duties collected
dsct. Also 70 amend the National Bank act.
30 as to permit their establishment without limit to
number, to prohibit all other systems Of banking ard
TO provide for the substitution Of national bank
further provision promoting the specie pay
mens by requiring said banks TO hold their reserves
coin, and offering special Inducements to banks now
existing Tor the same purpose Laid on the table,
RESTORATION OF coNFlscATED LANDS.
Mr.. FRELINGHUYsEN (rep.) of N j., introduced bill
authorities OF the States lately In rebellion Referred
TO The Committee ON the Judiciary.
. TXTE RIGHTS TRIBUNAL.
On motion OF Nj. DAVIS, (dem) Of Ky. his resolu-
ton 10 create o constitutional tribunal COM
posed Of one member from each STATE. TO dc.
States and the several States. was taken up.
He continued his remarks arguing that tho powers or
equate, well as that tho vote In Congress the
thirteenth amendment the CONSTITUTE similar
Questions having been less than twotnrds Of the whole
ment is not now part Of the constitution. He styled
the present Congress mutilatsd Congress- pnrposeiy
kept so by the dominant party TO Continue It's power
and In the Of long argument State rights
claimed tnat during the insurrecon the constitution
could not be amended nor until the relations OF the
States 70 the United Staos we're
He took and comoated the opinion OF judge Swayne
that the Civil Rights bill is constitutional pronouncng
II ridiculous and absurd. After nting Chief
Justice Chases course since his appointment and his
aspirations TO the Presidency, he said that gentleman
Southern tour had filed the southern people with
suspicion and he pointed to the spectacle OF such Judges
IS No and Justice swayne deciding questions arising be-
tween them and the United States The military satrap
OF indifferent military record he said placed South
Carolina had issued order forbdding the execution
0i the judgment OF those Justices and yet tho Chief
Justice took no steps 10 enforce IT,
At the conclusion Of SIT. DAVIS long speech Mr.
in regard TO Lees surrender, said 1t pity no did
NOT surrender when Lee did Laughter) II the thirty
judges proposed by the SENATOR'S resolution
would be one, TO replace the Supreme Court they
all made speeches as long his Of to-day on every
those questions in lifetime il would be evident that
the less the number Of judges the those questions
would be settled. Laugn,erl Referring 70 an asser-
ton by Mr. Davis questioning the legal ability Of
Justices Chase and Swayne, he said the former
had been educated lawyer in this District at the
very feet Of 0amalie In the Office Of William Writ and
was profound lawyer, while the latter, who Mr. Davis
said had come from Obscure town Of Ohio, from
Columbus, great focal point from which radate ali
IA n nj falt
borders In the State of Kentucky. Besides, no was
native Of Virginia. reared under the influence OF that
gallant chvary which always pervaded Virginia. though
he had not been stupidity, willingly blind his duly
the great mass Of them. having had the MANHOOD TO
stand BY me country as az entity In regard 10 fur
charge BY Mr. Davis that Judge Swayno was follow
ing 70 the wake Of Judge chase with an % succeed
The length Of the Senator's speech lad made him forget
whence he started He closed BY paying tribute to the
ability and integrity OF both judges.
SUPPLY OF PAPER, ETC, FOR EXECUTIVE DRPARTxRyrs
Mr.. RAMSAY (rep.) OF Minn asked leave 10 introduce
a bin authorizing several executive dspartmcats 10 pnr
chase paper and enveiopcs the Treasury Department
and that department 70 sell the wishout previous
advertisement provided that thoy DO purchased
twenty per cent lower than In open market He SAID
the Postmaster General about contract Tor 500
worth OF wrapping paper for the post offices, winch
saving of twenty thirty per could be effected in
tn . manner II he woro notiled tnat such bill was
pending
the bill would involve expense OF 100000 Ii was
quite enough for the Treasury Department carry on
printing business without urng rags Not
pcayune would be saved IL they had waste paper lot
them sell 1t, and not destroy their magnificent building
costing 000by tho orections that would be re-
gu red for this business.
CoMRAcrIos OF THE CURRENCY
Mr.. SHERMAN rose to q question OF order, and called
for the special orderthe bill w prevent further con-
Mr. DRAKE, trep.l OF No. asked what was the reason
for liking tho particular period OF suspension for tho
LIST OF July next, as provided BY Mr. Buckaews amend
Mr.. BucKALEw. tdsm.) Of Pa, said tho session would
be then At end, and Congress could sufficiently
consider this and cognate questions IN the meantime
MIR. DRAKE suggested that perhaps the senator had
motive. The suspension beng cut short that
tune, the resumption OF contraction might furnish
for him and his party to denounce republican
party causing all the trouble thereby cntailed.
Mr.. BpcKALEw discaimed any such in ention. If tho
senator carried the discussion INTO this field IL would bo
hrs own act
Mr. DaAKr suggested that tho Senator should modify
his amendment by making tho period the nrst Tuesday
after the LIST Of November next
SIR. FRELNouuYsgs in favor Of the carly resump.
ton OF specie payment as very desirable. Abiding TO
tho declaration that government, receiving greenbacks
money should pay ihem As money, he said that
mon who had taken mortgages before tho war had been
obliged by law since to receive grcenbacKs and Ind thus
paid money for them. lie you'd vote for the
Finance bill reported by The Committee on Finance
until some provision further pledge was made to
pay bonds In He opposed further contraction be
would destroy the ability of the people pay
OF the debt by limiting capital without decreasing the
debt and no opposed expansion, tho Other hand,
being equally an evil
Mr. Buckalews amendment lost
peal OF the law allowing contraction. lie thought the
community should not be kept in suspense. but should
know that tho Secretary of tho Treasury could not
further contract without authority from Congress-
Mr. SHERMAN suggested that the AMENDING Mt was not
In order, tho proposition having been already voted
down.
Tho CHAIR sustained the point
Mr. CoRBErT, lrep.J Of Oregon moved 10 amend by
adding tho following proviso:-
Provided. That nothing In this shall construed
as TO prevent the secretary Of the Treasury from substitute
payable In gold on dcaand in place
amount Of legal tender notes IN such manner and
times as no may deem best FOR the public Interest
II was lost by a vote of 30 toL
Mr. CcsBErr believed by this vote the Senate had COM
United itself against the policy OF specie pay
ment lie praised the past policy Of tic Secretary or
the treasury which they had endorsed ufg
ment not warped by outside pressure.
Mr. STEWART had lost confidence in the Secretary OF
the Treasury because or his mistaken estimates A
little upwards OF $500 coo 600 OF the debt hal been
paid and the treasury had been dcuded OF $500 900
by taking the Secretary's estimates. II was impossible
70 levy such taxes 5000 600 and the
time contract the currency The people could
stand such burden.
Mr. FgsEspEs, trep) OF Ne, explained that Score
tary OF tho Treasury could make a reliable estimate OF
expenses beforehand,