New-York tribune., 1868-05-30
XLrH CONGRESs-sEcoND SESSION.


Mr.. WILSON (Rep., Mass.) presented a
memorial from citizens of Medgeyle Gs and vicinity
protesting against the removal Of the State capitol from
that city, and asking the clause Of the Constitu
ton authorizing such removal be stricken out Judiciary
OF the Constitutional Convention OF South Carolina, re-
questng that the Legislature Of that state De allowed to
that the Legislature was to meet on the 2th Of May ons
body. Congress should approve the new Constitution.
Dir. STEWART (Rep., Nev) presented peuuon OF
District Of Michigan be abolished and that the
with re Western District be constituted one district
ENLARGEMENT OF ST. MARr's cANAr. -,
Mr. SUMNER REP Mass presented petition OF OF CHI ,he
zens OF Boston, Mass setting forth the Importance OF the
Improvement great lakes particularly az May
Falls and asking for assistance In the eniaSnS Oh cI
"'' THE NATIONAL CURRENCY.
Mr. SHERMAN Rep., Ohio reported amendments 70 Ine
bill 20 provide national currency and for the issue OF
United states bonds He remarked that he had received
letter on the subject from the Controller Of the Cur
rency which he would lay before the Senate and call up
the bill at early day The amendments pro
vide that the maximum limit OF national or, or,
cnIation fixed by said act shall be increased
s2O.OOoOOO. which amount is TO be issued only 10
having circulation than s. for each nhabitant ana
to equaize the circulation IN such states ana ieiri
tories in proportion TO the populations that banks IN qu
shall be required 10 take up their Donds Wltn ~
days after the date OF notice 10 go I'o Hqbi hn
daton in default OF which they are 10 90
sold ut auction in New York, and the proceeds
applied to the payment OF their outstanding crcuaton
that any association which has heretofore gone INTO
liquidation under the provisions OF the section low
amended, shall take its bonds WITHIN so DAYS from INC
passage OF this b unless its liquidation be Tor the pur
pose OF consolidating with another bank that receivers
Ocers Of he Government and have the right to bring
i'm the United States Courts aud sha receive salaries
per annum, with commissions OF tnree per cent
the first 100000 OF Their receipts one per % SSs' m @
between 100000 and S5O0,OO0 and one'halI OF one
amount also that the limitation which restricts the
liabilities of individuals corporations for money DOT
rowed from National banks TO Oneenth Ot the capLaI
said ASSOCIATIONS shall be extended deposits made by
such associations with private bankers brokers' OF asso
These provisions are substantially In accordance with an
accompanying letter from the Controller OF Currency 70
alton 10 make provision for allowing the National Banks
TO change their and location has not however Deeh
acted on.
THE FRONTIER COAsTING TRADE.
Mr.. CHANDLER rep, Mich called up the 6ll 70 reg,
uate the coastng trade OF the Northerh'
Mr.. FESSENDEN Me- inmated that the Dill nau not
received sufficient consideration from the Committee on
Commerce, and ought to be referred back 10 tasm ne
thought that the opinion OF the Custom House Seer me- on
this subject should be considered ia respect OF tue great
reductions which proposed in the revenues.
Mr.. CHANDLER sald that the Senator could make any
deductions in his language, ana ne would make no
objection anything that Mr. Fcssenden might say Inc
bill had been carefully considered by the Commttee lor
about three months, and he had brought IL to Their atte
tion at nearly every meeting since the opinion OF tue
Secretary OF the Treasury on the subject nS3 Dssa re- 70
his greater familiarity with the subject UNANIMOUSLY.
He bfr Chandler understood the subject much Detter
than did the Treasury Clerk who had made the adverse
report. He explained the course OF commerce on the
Lakes saying that it is entirely different from ocean
navigation boats having stop perhaps ten times day
TO discharge perhaps ten barrels OF freight The Custom
House officers Of Michigan approved the Dill ana they re-
ceived ample compensation. The reductions made by
the bill was rng nyeraglng not over nSe bs h II
any Objectionable features appeared amendments could
W a. III cn the hill 10 extend the charter Of Washington Cy
over from the President announcement that had become aw
by the lapse receipt by hm The announcements
Mr' FEssENDEN replied briefly to Mr.. Chandler, say
ing that he had been told by members OF tha ConItee
that they had relied entirely upon the opinion OF the
Chairman lr Chanderl upon whicn, stsnuhg ig Sn.,
however well informed that Senator might Pc INC senate
to have read the Treasury Departments opinion on the
TSe CHAIR-The morning hour has expired. and the
unfinished business of yesterday is before the Senate
Mr.. FEsSENDEN lcoldyl--yery well. sir
RESTORATION OF ARKANSAS
Mfr HARLAN Rep. Iowa. reminded the Senate that TO-
day had been apart by resolution for the considera
ton OF bills relative TO the District of Columbia 81
Mr. TRUMBULL hoped that the Senate would not ael-
journ tonight until the pending bill TO admit ArKansas
h1S Mr. then moved to lay aside the Arkansas
BILL for the purpose OF considering bills Oh the nature III
dcsted .,o. ..r,rc
that number OF Senators now absent desltea 10
the Senate Oh the subject OF the admission o,
Mr. WILSON hoped that the senate wod S1 t ~ 6mt it
Arkansas bill, and dispose OF IT, ana ihmeuiatey i
the other Southern States 40 that tue PeOP
may be protected Compared with tis' to ousneS' VI
'"S Mr. MORTON rep Ind took the same view, addng
that II IL was proposed TO legisaIe nn i.ssae ~ s
streets OF Washington, he wouu DC ""S W Se' "p'
"y Mr' IBTCKALEw Dem Tenn said that he intended
10 h ~ The Army for further information
card TO the election in the state OF Arkansas OF the ex
,tenee OF which information he learned only recently
a hoped that the bill might be laid ovef until tomorrow
night Tor the purpose OF procuring the Information
reanired than could be found the report of the Cen
era commanding the District aud the Constitution now
before the Senate. This, SAID he Is the great question
that the country has been engaged In since the close OF
the WI-tAe reoTganaton OF these Rebel states nst