Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-02-07

Secretary OF the Treasury shall publish
monthly 3 statement OF che public deb,
as il existed at ths close OF the preced-
ing month, 10 which statement United
States bonds shat BE- chased as the
funded debt, and the United States notes
end fractional currency notes issued for
circulation shall be elassed as the cur
rency debt; the 3 per cent. certificates
shall be classed as Temporary loan debts;
and all the debt that IL past due or will
become due within the fiscal year, stat
ing the sane Ia detail, shall be cIassed
as matured debt; and the interest on
such mature debt shall cease after it be-
comes due. The statement shall contain
the amount outstanding OF subsidy bends
issued by Railroad Companies, the Navy
Pension Fund, and any other recorded
obligations Of the Treasury Department.
Sec. 3 Be IL enacted, etc, That from
and after the passage Of this act 20 per-
centage, deduction or compensation of
aay amount or kind will be allowed to
any person fer the sale, negotiation or
exchange Of any bonds or securities Of
the United States, Oh OF any coin or bull
lion disposed of st the Treasury Depart
ment on account Of the United States,
and all acts or parts OF acts authorizing
or permitting, by construction or other,
WAGC9 LAC OOCLCbaAL VI Enc 1EGdSuTK 70
appoint any other than some prouer
officer of his Department. to make such
sale or negotiation Of bonds and securi-
ties, is hereby repealed.
Sec. 4. Be &c enacted, etc That after
the passage OF this act, all exchange pur.
ehGses, or sales Of bonds OF the United
States, on account of the Government,
which may be authorized by law, shall
be made by inviting the competition of
the public, by advertising for proposals
for such exchange, purchase, or sales,
which shall be awarded publicly to the
best bidder, or bidders, the Secretary of
the Treasury reserving the right to re-
ject any such bids should he deem il best
for the public interest 10 do so.
The bill was ordered TO be printed and
re-eommitted, to be called for next week
Mr.. 5hanks, from the select committee
on the treatment of Union prisoners, Ob-
t3ined leave to make q report that no fur
ther expense is to be incurred in exam
lining witnesses.
The Senate bill for holding two terms
OF the United States Circuit Court for the
Eastern District Of Arkansas, in April
and October OF each year, was passed.
Mr.. Paine offered q resolution calling
on the Secretary Of the Treasury for in
AOAAA1eACA 80 ~ WAEbhCL OIL kuE money
arising from the purchase Of abandoned
and captured property has been converted
into the Treasury. Adopted.
Mr.. Paine, from the Reconstruction
COMMITTEES, reported q bill to remove the
legal a5d political disabilities from 8
large number OF persons in the Southern
States. Ordered to be printed and re
committed.
Mr.. Hooper, from the Committee on
Banking and Currency, reported a bill
regulating the reports of National
Banking Associations, which be asked
10 be ordered to be printed and RECON-.
mitted.
The bill requires the National Banks
to make reports to the Comptroller Of the
Currency on the first Monday in every
month, in lieu OF the quarterly anC
monthly statements now required, ant
the reports of January and July are tC
be published in some newspaper, at tie
expense of the bank.
The House then went into q Commit
tee of the Whole, with Mr.. Terry in the
chair, and resumed the consideration O
the Army Appropriation bill, but with.
out ~dispOsiDg Of the bill the House adj.
journed.
SENATE.
The bill giving an additional term tc
the United States Circuit Court for the
Z zstern District or Arkansas was passed.
On the motion of Mr.. Z imonds, the
Senate rock up the bill TO relieve the
Tenure of Office Act. Mr.. Eimond:
said the bill, SIS it had some favor from
the House, proposed to remOve all lega.
restrictions from the President, in thC
exercise of the power of appointment
and removal, and the Senate Judiciary
Committee had moi thought it wise TO dc
that, and q reported an amendment
modifying the bill so as TO permit the
President to suspend q civil Of
fcer whenever in his Judgment the
public good may riquire it, subject
TO the approval Of the Senate, and with
cut giving specific reasons for such sus.
pension. The msj0riiy of the Com
mittee, of which he was not one, had
thought 1t fit that the heads of depart
ments should be subject to removal q:
the will OF the incoming President alone,
and had reported an amendment TO that
effect.
The discussion continued until the ex.
piratiOn OF the remaining hour, when
the Senate resumed the consideration Of
the Constitutional amendment.
Mr.. Davis was entitled to the floor, but
said he felt too unwell to speak, and
yielded to Mr.. Doolittle.
Mr.. Williams, fearing that the amend
ment proposed by him to insert the
words " native born" before /" citizsns,''
Ia the constitutional amendment, as re-
ported by the Judiciary Committee OF
the Senate, would not be understood
without it.
Mr.. Edmunds submitted the following:
WHEREAS, The question whether the
State OF Georgia is entitled to represen-
tatiOn in Congress Is now pending,
ResOIUed, That when the electoral
votes for President aAd Vice President
are counted, in case the vote OF said
State shall not change the result, its
vote shall be reported in the following
manner by the President Of the Senate /;
whereas, tbesvotesspresented as of the
State of Georgia, to be counted as
for -- for President of the United
States, and if not counted, would
be for - for President of the
United States; but in either case, is
elected President Of the United States {;
and in the same manner for Vice Presi-
dent.
The consideration Of the Constitutional
Amendment was then resumed.
Mr.. Wilson submitted the following
form Of amendments "There shall be
no discrimination ia any State among
the citizens in the exercise of the elective
franchise in any election, or in the quali-
fcatiOns for Office in any State on ac-
count of race, color, birth, religious faith,
education or property"
Mr.. Summer moved to go into Exeeu-
tive session. Whion Wa9 IO6t and at four