The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1868-07-15
BY TELEGRAPH.
CONGRESS.
WAsHINaToN, Jnly l4.


WASHINGTON, July II.
SENATE.
The credentials of VIM. Pinkney
White, appointed to succeed Senator
johnson, as Senator from Maryland, +,
we're presented by Mr., Vickers and he
was sworn In and took his seat.
Mr.. Trumbull called up the bill to
authorize the temporary supplying OF
vacancies In the Executive department
and moved to amend by adding at the
end of the third section proviso that
in case of death, resignation absence
or sickness of the Commissioners OF
Patents, the duties of said Commission
er, until a successor shall be apRointed
or such absence or sickneSS shall cease
shall deVolve upon one OF the e1amln-
ers-ln. chief of said ofhCe, to be recon-
mended by The President.
The amendment was agreed 10.
The bill was further amended, on
motion of Mr.. Edmunds, by adding the
words, "and no appointment or desig-
nation other wise, as herein provided in
the cases mentioned in the first and
second sections, shall be made to fill
vacancies happening during recess
of the Senate" and as amended, the
bill passed and goes back 10 the House
for concurrence.
Mr.. Cattell called up the bill to au-
thorize the issue of per cent tempo
compound interest notes. The question
was on Mr.. TrumbulPs amendment
providing for monthly sales of gold by
the Treasury Department not exceed
ing $40, 100000 month, commencing
the first of August next, until the
amount in the treasury does not exceed
$40, ,OO0, 600.
a long debate ensued, Messrs. Trum-
bull and Cameron supporting the
amendment, and Mr.. Cattel opposing
it. The latter read communication
from the Secretary of the Treasury to
show that the balance in the Treasury
will soon be reduced by payments of
interest and for Alaska, to about S37,-
600, GOO.
Mr.. Trumbull then withdrew the mo-
ton to make his amendment substi-
tute for the bill, and offered it as an
additional section.
Mr.. Howe spoke against the bill, and
Mr.. Williams in its favor.
Further debate sprung up; MIR. Sher-
maa insisted upon the regular order,
and the funding bill was taken up.
Mr.. Hendricks took the floor and
commenced Il political speech in reply
to others made recently.
Mr.. Stewart replied to Mr.. Hendricks.
The question was on Mr.. Wilson's
amendment proposing the issue of fifty
year bonds for tue consolidation of the
1t was rejected.
Mr.. Howard moved to add 10 the Sec
ton legalizing gold contracts, proviso
that it shall not apply to the removal or
extension of an Indebtedness under a
contract already entered into, unless
such contract originally required pay
ment in coin.
Mr.. Sherman suggested u substitute
for Mr.. Howard's amendment, provi-
ding that where the stipulation to pay
the interest in coin is device to obtain
illegal or usuriouS interest IL shall be
enforced.
After some discussion betweenMessrs.
Conkling, Williams and Corbett on the
amendment, Mr.. Cole delivered pre-
pared speech arguing that the legisla-
tion of gold contracts will gradually
cause gold to reappear in circulation
and any other than this or similar
plan, would create general distress.
AT 4.35 Mr.. Trumbull moved an eX-
ecuiive session, which prevailed.
Mr.. Fessenden supported his amend
ment.
Mr.. Sherman replied that Mr.. Cam
eron had offered an additional section
forbidding after the passage of this act
the payment of any commission, per
centaEe, or compensation to any person
for the sale or negotiation of any bonds
or securities of the United States.
Mr.. Sherman stated Il similar provis-
ion had been inserted in the appropria-
ton bill passed recently in both
Houses.
After Executive session recess WAS
taken.
EVENING SESSION.
The House amendments to the bill
for the discontinuance of the freedmens
bureau were concurred in.
The funding bill was then taken up.
Mr.. Williams offered a modification
to Mr.. towards amendment which
was accepted by the latter and
| adopted. The amendment as follows:
Provided, that the section shall mot ap-
ply to the contracts for the borrowing
of currency or the renewal or extension
under a contract already entered into
unless such contract originally requir-
ed payment in coin.
Mr.. Ramsey moved to strike out in
| the clause legalizlng gold contracts
hereafter made the words hereinafter,
and insert therefor January 1st, 1867.
After discussion the amendment was
rejected.
Mr.. Ferry moved to insert clause
providing that said bonds and their
proceeds shall be used to redeem the
interest bearing debt, the words at tha
option of the holder.
Mr.. Davis moved to lay the bill on
Mr.. Fessenden suggested to strike
out the words for the redemption, pay
ment or purchase or exchange for
thu clause just proposed to be amended
insert the words sin exchange for"
Messrs. Howard and Conklfng urged
that even if it should prove super
fluffy, the amendment would do no
harm. 1t was then agreed to.
Aquestion by Mr.. Patterson, of New
Hampshire, In regard to the effect OF
the third section, to which Mr.. Sher-
man replied. 1t gave rise to consider
able debate.
MessTs. Fessenden and ConklinP
strenuousIy opposed the provision, and
Messrs. Sherman and Sumner as tena-
ciously defending 1t.
Mr.. Conkling moved to strike out the
| Sd section.
Mr.. Morrill, gave notice that he would
move to strike out of the section the
portion giving rise to the principal OBJ
| iections, leaving simply the provision
allowing the conversion OF lawful
| money into bonds, and to add the
words, and the lawful money SO re-
ceived shall be cancelled and not again
re-issued.
Mr.. MorrilI's amendment was re-
Mr.. eonkling made motion to strike
It out. Agreed to and the bill passed
| Adjourned.
The House went into Committee O
the Whole, Mr.. Garfield in the chair
on the Alaska bill, the question being
on an appeal taken, when the subject
was last before the Committee, by Mr.