The Evansville journal. [volume] (Evansville, Ind.) 1866-1870, 1869-02-17

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tional clerk OF the fourth class. Referred
to the Committee on Printing.
a bill was passed giving the Midland
Railro4d the right OF way across the pubic
grounds of Fort Ontario, at Oswego, New
The House resumed the considerafion of
the bill reported from the Reconstruction
committee to remove disabilities from a
large number of persons in Southern
States. 80
Mckee supported and Beck opposed the
formers aneedmeut to strike out the
names of ID: II. Smith, Phillip Lee, J. L.
Harry, David o. Harris and James w.
Schoiting. all of Kentucky. -
The discussion of the b1lI was continued
by Paine, Boutwell,, Norris, bingham aud
Raum, In advocacy, and Sypher, SheIla-
barger. aud Shanks in opposition to it.
Shanks protested against the refusal of a
proposition made by lIim, to admit mem
hers from the Districts where the persons
proposed to be relieved. 5sl-l
FaFnSworth said not a single member
from the South prot sted AGAINST relieving
the persons whom the bill named.
The debate on being closed, the question
was taken mp on the samandment offered
strike out the name of john w. Wright,
sheriff of Richmond, Virginia. Rejected.
McKee's amendment was rejected by IS
to 100.
The next question was On the pas age of
Butler, OF Massach usetts, inquired of the
Speaker whether the House was not enti-
tied to vote on each name separately;
There were some -10En EWnOnl he
was willing to vote for, and Others whom
he desired &c vote against.
The Speaker ruled that the gentleman
from Massachusetts had no right to de-
mand q separate vote on Individual
names; the bill must he taken as a whole,
and IL it was SO laden down that more
than one-thtrd of the members were lop-
posed to 1t, the bill would be defeated y
The bill passed by the requisite two
thirds majority-yeas, l30; nays, As. The
Speaker voted In the aft rnlatIve. 4 -.
Tue House then sumed the considera-
ton of a bill reportt d saturday from the
Committee on Banking and Currency, sup
Elementary to the National Banking dill,
Blaine in the Chair as Speaker pro tenn.
Barnes addressed the House IN elnclda-
tion of the principles and objects of the
bill. nsfsa s85t
Coburn followed In advocacy of the
amendment which he offered last ssatur-
day, in reference To the redistribution OF
Lynelrspoke in advoeacy of an amend-
ment he also offered last Saturday. for an
additfonai circulation OF Ef2De0,o00 in the
States and Territories having less National
banking circulation than five dollars per
Randall made an argument in advocacy
of the amendments reported from the
Committee on Banking and Currency, the
principal one being 10 strike out the fourth
section of the Senate bill, and TO substi-
tute for II the following:
That upon the transfer ana delivery OF
United States bonds to the Treasurer of
the United States, as provided in section
sixteen in the act to which this Is supple
y
may furnish to the association making
such transfer and delivery of circulating
notes OF different denominations in blank,
registered and eoun ters gned, as provided
by the act to which this is supplement tary,
equal In amount TO ninety per cent. OF the
current naFke value of the United states
bonds so transferred and delivered, but not
exceeding ninety per cent. of the amount OF
said bonds at par value, bearing interest
at a rate not less than five per cent.
per annum, aud the amount of such
circulating soies to be furnished to each
association, shall not be more in proper
ton To its paid up capital than as follows ::
TO each association whose spItal shall not
exceed S2O0.OOO, 50 per centum of such capl
tai; TO eachassociation whose capital shail
exceed E2O0,0O0 and shall not exceed $50 :
00O, 10 per centum or such capital; 10 eacn
association whose capi al shall exceed
900, 80 per centum of such capital /;
to each as~ociati0n whose capital
shall exceed Sl,OJ0,000, 80 per centum OF
SUCH capital; but no association shall
have an amount IF circulating notes eX-
eeeding 81. 10000. Every asso ;iaiIon hav-
ing a larger amount of circulating notes
than is herein prescribed shall, a. soon as
practical Q, Withdraw from circu alton, i,
and return TO the Comptroller of the Cur
rency 10 he cancelled all its circulating
notes in excess of the amount herein pre-
scribed; a Il on failure TO Withdraw, from
any cause. such excess of circulating notes
before the first day of October, 1859, the
Treasurer OF the United States is hereby
required thereafter to retain and hold
any Interest which may become due on
any bonds deposited In the Treasury be-
longing 10 such association until such re-
duction is made. And 1t is further made
the duty of the Comptroller of the Cur
rency to require, in such manner as Ee
NAV deem expedIent, all National Bank
ing Associations having a circulation in
excess of the amount herein prescribed, 10
withdraw and return TO the Comptroller OF
the Treasury such excess OF circula lattng
notes, and the CompG oiler shalt issue o
b tnking associations which. may be or
gauized underthe provisions of tile act u
| which this act is supplementary, in the
| states of Kentucky. Missouri, Virginia,
| North Carolina, South Carolina, Tennes-
see. Georgia, Alabama, Florida. Missis-
| circulating notes as provided in tins aci
/ to an amount not exceeding Sl2OO1,-
| OoO, and to new banging associations
/ which may be organized under the pro
/ visions of said act in states and Terri
Ories. other than those above named, ned,
/ which have heretofore secured the least
| saleabIe proportion of circulating notes,
| directed under the provisions of this ac
Vided, the circulation hereby auth orizec
shall be issued only as circulation is win
/ drawn and returned so that the aegre
| gate circulation OF the National BANKING
ASSOCIATION shall not at any time exceed
SHO,00J.
Pomeroy moved the previous question
on the bill and amendments. 1t was Sc
conded with the understanding that tn
vote was TO be taken to morrow, ana Tn
house took a recess, the evening session u
be for the consideration of the lnterna
Rev enue bill.
FselFf EVENING SESSION.
| The House met in Com n1Ittee OF tn
| Whole (5choield In the Chain, and re
| sumed the consideration of the Tax bill
ALLISON, from the the Committee ,I on hsI Way
| amendments. chiefly verbal, 10 the tohac
co sections, which Were formally agreed t'
| The only amendments OF i'm pOrtance er
10 he as follows: To require stamps to b
purchased only from the Collector of til
| District; to change the tax on paper cigli
? cites so as TO make il read, on cigarette
net exceeding one pound and four ounce
fifty cents per. thousand; on cigarettes {
2 paper exceeding one pound and fOt
ounces, and not exceeding three pou q
L | per one thousand, one dollar and dft
cents" and providing that al cigars me-
: / held IN any United states bonded war
e house subject to i'm port duty shall pay u
/ same duty as though imported, after Oh
5 passage of this act. lHH tft
2 Holman offered n new sec Ion To TAX u
8 interest on United states bonds ten p
I cent Noquorum voting. the amendmel
: was withdrawn, with the uuderstandfI
) that dt might be offered in the House.
+ randall offered a new SectioDs making
e unlawful for The Commissioner OF Inter
Z Reyenue TO refund any money paid (
y account of taxes where the sum eXcee
. five nundred dollars, ana providing tn
= all tuch claims for taxes Improperly pa
n shaIl be Drosacuted nv the claimant in tI
i GuIted states District Court in the Dis ri
d where the revenue was collected
y After considerable discussion, and son
IF notifications affecting the substanti
II merits of the amendment, twas agreed I
l. On motion of Monrnead, the palagral
taxing smoking tobacco sixteen cents p
: pound. was amended by making II app
> ! also to twist.
Ie The coPamittee rose and reported q
bill to the House, with a recommendati'
: that it pass.
If Holman offered his amendment taxi
l. the interest on United states bonds L
per cent.
II Allison then moved the previous GU,
4 tion on the bill, and the pending amen
20 ment was seconded, aud all the amen
he ments In Committee OF the Whole We
Is, agreed to-.
It the question was then taken on HC
sr mans amendment. and it WAS rciectt
with only eight affirmative votes. f.
bill then passed.
re WAYNE and Monroe RaIIroa,I Com mn oanv' nv
,