Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1869-04-07
CONGRESS-.

| direct tax laws roiericu 10 '"lh'i''O' ""
nance.
The supplementary currency bill came up, when
/ Mr.. Pool withdrew hs amendment pending.
Mr. sherman then offered an amendment 10 the
fourth section providing that on the redistribution
of the banking circulation the requisition shall
commence with banks having an excess OF circu-
lntion exceeding one million, in States having an
cyress of circulation. and having withdrawn one
third of the excess above million, shall then pro-
coed pro rata with banks having circulation ex-
cccdinr one hundred thousand lie said he had
consulted the Secretary Of the Treasury and the
| Comptroller Of the Currency, who approved Of
the course provided for in the amendment, which
was designed to relieve the smaller banks IN the
States from which circulation was to be drawn ,
agreed to.
Mr.. Pool then offered an amendment TO the
amendment offered some DAYS since by Mr.. W IL
son. providing that in consideration Of the bank
ing privileges granted by the national currency
act the United States bonds which shall hereafter
be- lopositcd i'm the treasury as pledge under the
proysions of this law. shall during the time they
remain therein bear interest at the rate OF only
per cent and that the bonds already 50 deposited
Ms pledge shall after the first OF january, 1870
hear interest only 90 the rate OF per cent dur
iur the time they remain pledged. I'm support OF
ibis amendment Mr.. Pool addressed the Senate at
length.
i very long debate took place on the currency
hin. extending through seyoml hours Scycml
amendments were offered, discussed, aud rejected,
and others were agreed 20, and finally the bill
was passed.
ON motion of Mr. Harlan the Senate took up
the Indian appropriation bill, and then ot 10
i..l
ilorsE.-rhe morning hour expired before the
IA
Nr p,tl,-, moved a., o.,roe IN tbe rc,uc.t of the
wi, ''..','' - '.,,,,,,ttl,.n tbc 'rcnnre
fmT mn
H. .i1,.. ,.,,,,1 tbot fine U,pae rcceIe 3.
Il.-t Got,tGo
~ Al '. t,, ...,I t., l,-.,,,, t,p,p,it.
a..i III ngicr tyoslbnrp. Cyi. i. nnd
w., ' I'',, ,,.r'. ,,,,,'.intat
'r.' iti.nsl disbility-remoyipg bin
,,,..sl
WIS r,t- n.,,.. a., lt..,..,l.,,,.l,
i..,i', r- ~ en,i 1,i,onrrr,ept am the .iNtb of
an
WIZ a. .,,i,,,. ,., sl,stiop. rsrorted tbot .Jo-
cob T. Reid, member from South Carolina, could
mot take the oath. and bin was introduced to
remove his disability, which was referred
The bin amending the act Of July Goth, lsGs,
imposing taxes ON distilled spirits and tobacco,
was taken up. and an amendment was offered by
Mr. Allison to strike ont provision extending tie
limo f,r withdrawing vi-kcy from bonded ware
houses. wa. adopted
The blll passed without division, and the
House adjourned
Wrp>rsn,v. March n.
S,>.rr.-rbo Indian oppronrioii5n I'M came
rr
ISo,,r,i ,,,ord,,,pt. reo,rtcd rrop, tbo C,,n-
milton ' a,nroriati,r. i,nre a,reeI t At3 10
ti,' an VII ,' ~ +. "a
Nr r.,,obril fr,,6 tbe Committee ,r Copfer.
o,,e ,, tic lil y. re1o9l tre rrnnr,-oc O0ce Nc,
no'jo T, rcrort Tbs iIon.o re,,cs fr,,n H.. octi,n
whereby ID refused to pns. Inc senate amend
mont md tho Senate ayree t1 certain modiiicn-
ti..,. ~ tt..i- ,,,,.odr,,1t
Tbe Frst md second sections off the ,r;,;ual act
orc totally ronealcd tine fr.t section of the SEN
ote amendment Is mot cbnpged
mo second sorti,n has IN that mart striclen
out which proyilc- tbnt I'm ,,se tbe SENATE reh.o
t,o..ort u. or,. .,,.ror.i,,, tl, ogicor a., .,,.
nepded sb0lIo t tbe en,l ol tbe novt session If n.
,r,ss resume the un.tions off his ol6oe and in
10 l, -, ,,l 49, -, t .,.''. q '''
prc.ijent tben and nat otler,yi.. Shall po,ni,t 10
os carly rs prlcticnbie some pers,n m nm tho M
flee from which the officer has been suspendod
MI ,iirj -, T.; ~. ,,,ai a., g. i.,,,;t d.
President IN 6li dnrin, tbo reees. am, ofre
which moy bororpe vacant fr,u, r,-,notio1 or ev
niration ~ t,r,o If ,lFre
Mr. Thurman moved 10 table fine ren,rt and
b,,. +. ,,ri,tod ,i+ ~ a. ''P''' "'''
m - ~. ~ a. - - a., -