The Evansville journal. [volume] (Evansville, Ind.) 1866-1870, 1868-06-13
CONGRESS >IONAL PROCEEDINGS
SENATE

SEN W AsHINGToN. June Il.
Morton, from the Committee on Foreign
Affairs. reporf ed a joint resolution re-
the Que-n of Great Britain to secure the
speedy discharge of Rev. John McMahon,
convicted of treason and felony, and now
Harlan, from the Committee on the
District of Columbia, reported. with an
amendment, the bill to regulate contested
elec: ions in Washington. He urged
mediate consideration.
Hendr cks objected, and the bill went
Edmunds introduced a bill in addition
To the act TO regulate the time an I manner
of holding e ections for Senators In Con-
endrieks from the Commf tee on Pub
lie Lands, reported a bill 70 aid IN the
cOnStruc ion OF ship canal between the
Nj ssissippi and Lake Michigaa.
Conness called up the bill in relation to
the Western Pacific Railroad Company.
1t allows the Company to occupy the
storehouses, etc, and sush portion of YER
ba Bula, or Goat L land, in the Bay of San
Francisco, as may be necessary.
After discussion it was laid aside, at the
expiration of the morning hour, and, on
motion, Mr.. herman's bill, supplem ent-
airy to an act TO provide national curren-
cy. secured by q p'edge OF United States
bonds, and TO provide for the circu latfon
thereof, approved June 3, 1854, was taken
up. The question was on the amendment
by the Committee on Finance
The FIRST amendment was adopted, max
tn4 the limit .ttou restricting the iiabilt
ties OF lndlVluuais, companies, ETC. FOR
money borrowed Ofthe National BanSing
Associations, applicab to the deposits
made by Sucn associations with private
b mixers brokers, or banking associations
not included under the national cur ency
acr.
within 80 days after notice of a vote to
( iiqu date by the shareholders OF the Ma
tiOnai Banking Assoc alton, it shall pay
the amounts of It's outstanding notes into
the United states IRE sury and take up is
bonds, which otherwise are ID be sold at
pubai-; aGct5Ou IN New York the surplus
to be paid to tn officers. the Assoc ations
alre sdy in liquidation under .ch act. are
TO nav il over in 80 day under the same
peaalty; the notes to be the redeem d az
| tue United states Treasury and the ASso-
cations 10 be discharged from liability.
II was amended on motion of Howard
/ by making ito be sold at auction at the
I Stock EXchange-and adopted
The third amendment provides for m
~pensation to receivers of National Ban <
/ ing AsSOciariOns of per cent on the first
/ one hundred thousand dollars, per cent.
: ON ,srue- sum not exceeding fivt- hundred
/ thousand collars, and one hal OF one pes
Z cent ari sums owe five hundred thousa q
dollars; coaeetors 10 be paid otfJOf the re-
/ ceipts from the assets; One-halt of the
i commissions 10 be withheld on the Iom D
! trollerS discretion until tIie atf 'irs Of TIE
+ bank a.e closed; such recetv r 10 o. con-
sldered aS "A government asenJ, WIN Ihe
night to bring suits in the Uulfrd states
+ courts and the d stEict Judge 10 fix the
5 lees tor such receivers.
Cameron moved to redu e the per cent
age uamad from per cent. on one hu :
dfed thousand dollars to 2 per cent; from
- per cent on sums under five huadred
thousand dollars to "a per cetit.
I Opposed by sherman. Cattel, Williams
/ ara norton. and adopi ed-2ito ls.
/ HOE the last amendment to1ncre asa the
natloRal currency circulation TO the sum
| OF s2O1OO,O00, TO De Confined TO the states
| and territories having circulation OF
less than 50 for each inhaoitant, Wilson
! moved TO amend bY in -ertinX after th
| sum the following: Sl0O 900 900, and in
issuing the said circulation notes, prefer