The New York herald., 1868-01-30
Senatorial Debate on the Re.
construction Bill.
MI. Banks Explanation Of the Bill Concerning
the Rights Of American Citizens Aesead.
IMPORTANT AMENDMENTS PROPOSED

National Bank securities.

Of the Comptroller OF thecurrency that from The list
day OF June, 1885, 10 no 23d of January. insssnt
Sls7s GOO 1t1-wmty sa per cent bonds, held a aecu
my the circulaonL national banks at the OF
nipesy the dtar, have been surrendered and
$1066 see in ten-oyy five per cent bonds have been
deposited with the Treasurer such security the
sate OF eghty-Gre cenis the dollar, in lieu of
she 8ve twenty t5nds surrendered During the same
period $3,6o5,soo in ten-forty five per cent bonds,
hold security for the circulation of national banks,
rate Of foightyve cents the dollar have been
surrendered and in lieu thereof 3405, 200 in Ave.
sweaty six Yer bonds Of 1881 have been deposited
with the Treasurer such security, at the rate OF
ninety ceEs the dollar The sale o: tenfory bonds
under the act OF 1854 S. 600, and the premium
Slo5 2es making total Of ss 24o ssS There paid
premium to the First National Bank OF Washington
commission Of one.eghth OF per cent amounting
70 Sa0l77 The Secretary Of the Treasury says the
sale Of these bonds had not tended to withdraw tho
currency from the business Of the country, and that
sho operations of the Treasury Department for
months past have been such to diminish rather than
60 increase the currency balance in the Treasury.
Expected Veto of the Bill Suspending the
Further Contraction OF the Currency.
IS reported, and pretty generally believed, that the
President is determined to veto the bill suspending the
Scrher contraction OF the currency the ground that
Il fs wide departure from the road TO specie pay ment
asd as an advocate of speedy resumption Of specie
payments he cannot give bis it, He bel " es
would be highly rjlrious to the welfare OF the uty
Al large for this bill to become
Tactics OF the Senate on the Reconstruction
Bill.
III seems TO be settled that win bc pressed on
theaew Reconstruction bill the Senate until after the
Tesats OF tho Aabama-the first OF the State elecons
IN tas soWh-are obtained. II the radical programme
Is endorsed by that State il Is doubtful whether the
party here will consider it necessary pass the bill;
10
TIE new bill witt at be passed and put In ,orce
Anotacr Leg nj Test of the Constitut ionnIiiy
Of Oh W Reconstruction Acts.
jugs Black h vs. returned to this city and had
snltasino with Governor jenkins, of Georgia The
Judge is engased in preparing legal paper be pre-
sened TO the Sn preme Court In few days asking AN
injunction upon G enerai George G. Meade to deter him
from illegally app opriatng tho funds and railroads OF
she State Of Geors Meade ii is expected, will detond
MS ~courss upon the ground that the acts Of
Congress &uthonze him to make sueh uses or
the state proper he may see 1T This
Will bring the est of the cons,itutsnaity o;
the present system of governmcn. in the uurepre.
eented States and vi determine many other simla-
instances Of rssguar ties incident military
s6inisrathon " the : outh.
Protest Against he Legislators of fkss Cite
CousaciIs Of Washington.
Eighty Of the p, 'omineat and wealthy cas Of
Washington repsa px slo,ooo.eoe worth Of pro
sage by the City Co, Of resoutson requesting
Congress to renew az nd tn city charter Ther in
common with many lher czens, are in favor OF Con.
gress exercising Legislation In 9h
ever IN the District ef Cou snbia
The Transfer of Rn ssinn America TO the
Unit. ID states.
The President has sent. esage 10 CcngSess, accom-
panied by all the correspc ndenee and othe documents
relative the formal trans ier0f the Russian American
possessions the United ssases Secretary Seward
says in his letter or ms ruCtians to Genaal Rous-
seau:-"It Is expected tbA III toe transsf-isr OF the
important business hereby entrusted to sos il will
be born in mind that il making the cession
OF the territory the Emperor OF all the RsssiAs has
beon by desire gvt ng signal proo 81 that
friendship for tho United states hch has Characterized
his reign tha. of his u stroas predecessors"
On the 5th OF cfiDocembcr Genera Rousseau maze
crcumsantisl report Of his proce, ding attending ne
transfer, and transmitted to the tate Department .
copy of the agreement signed by b mssf and by Tie
Russian Governor and Commissioner. s'ensrai Rouseas
says Ills intercourse with them personal and ocia Wa
Of the friendly character and exa tly such as he
the Secretary desired and that re inhabitants
generally pleased with Of ia territory 10
she United States.
The WhisIev Tax.
The Ways and Means Committee over whelmed
with communications from the West urging reduc
ton OF the whskey ariE One of the great rea, ms set
resorted TO by the government for the fa ay
meni of the tax, the employment or number Of
detectives and the use OF the supposed infabc meters
whiskey is still sold in open market at lower than
the tax imposed. As nothing far has been contriTed
TO put stop to tho present extensive systm Of fraud
they propose that trial be given the plan reduc-
ILg the t3riG and OF allowing lime clapsc FOR
esiinss ile experiment
Railroad LuHd Grants.
TLa Uo,se s.On1 pittee Pubic Lands prenauuc a |
IN providing u In future grants Of land states or
orporatons for ra road purposes the even alternate
ectons on tho hpo or road Instead or as ~ present
eing reserved by the govs Tmen 10 DC so'a Al ~ ~
'er acre, shall be subje1 TO The homestead
ys'em; and 10 order TO quad against exo'v r
ant prices for the odd sectio.S The o'u VII Y
enain stipulation to sueh graLV mat ihe !
~ shall not be sold beyond a stipul. Yea prce =
: taking this action owing til iaoi Il
- Nave nxed the price Of ter a
10 com'n' ,omnapls. . per acre thus re- I
,oas In come cases. Trr~-..-
srding scttlemcu" -. S,o,o Of hgn'rs IN ie"' | "
Dmcin' ...s.ee aud south Car:""~'
x,.xa, Howard the totan'sso ID
Bureau, has r"' 81. :. W. .sslsa go. ,,an.
eui W. r. Uaru, Assistant Commissioner ior 'he s'a'e
M Tennessee announcing that he haa maze a'o" =.
inspection 20 Memphs and Chattanooga, anu iounu
complaints OF hard times" among all classes ana eom
p,exions In the cotton growing districts Tue eol0reu
people will suffer 10 some extent, but General o"ua
says i, viii prove useful lesson. as nothing ou' ae'ua
suffering will appeal forcbly TO Their reason aua "n
press on their mnds the necessity OF economy aoa pa
dent hving lie will not take steps 70 proS'oe io' 'u'
wants Of these people until becomes absolutely neoos
ssry except al Memphis whore many sick aud destitute
srrivo from all quarters. He thinks that ,nere
is more sound than substance 70 the cam0'
about destuton In the South There are sSlessness,
ana dishonesty in abundance, aud he hopes he
government viii disregard all attempts 70 nduce 10
lend money to the planters taking isns, 60
General Carlin says great nauonA Work oouIa y