Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1869-01-20


Mr., sherman, from the finance committee no
ported bill lcgalizing coin contracts, and ann,
pricting one hundred and forty millions nnnnai,.
out Of the custom receipts TO I've applied IN ti
payment Of the interest and reduction from Ny
principal Of the public debt, in lieu Of the sint
ing fund heretofore authorized.
A provision is made for n change Of legal tc,,
der notes for five per cent, ton-forty gold b,nd.
Gold notes TO be issued TO the amount of coin 4,
the Treasury for the purchase of six Der conf ~.
curities in the city Of New York, but the amoun,
Of such notes shall only equal the amount of local
notes surrendered for bonds. The last secti,,
authorizes banks TO issue demand notes. pavolJa
in coin, to the extent Of 90 per cent on bonds d..
posted by them, regardless Of the present limito
ton Of three hundred millions.
Mr.. Williams gave notice TINT he wished IN nr
fer an amendment 10 be presented with bin nro
viding that not 10 exceed two millions lawful
money shall I've converted into bonds. MS proyideJ
in the bill, in any one month.
Mr. Kellogg introduced n bill 20 guarantee tbc
payment of certain bonds to be issued under the
authority Of the Governments Of Louisiana and
Arkansas to provide for the repairing Of the leyer
on the Mississippi River referred Adj.
HOUSE.
A great number Of important bills were utr1
ducod and referred 10 appropriate committee.
among which were the following
BY Mr.. Van Horn Of New York, for his coli
league, Mr. Stewart, for construction of lines of
telegraph between Boston, New York. philodel
phia, Baltimore and Washington, under the N
rection of the Post Office Department referred
70 Post Office committee.
By Mr.. Barnes, 10 prevent luaning of money ODD
United State legal tender notes as collateral .e.
curity, also 10 prohibit banks Of issue from pay
ing interest on deposits except on some specified
time not less than thirty days referred both y
committee ON Banking and Currency.
BY Mr.. Bingham, to admit the State Of Mis-
ssspp to representation IN Congress referred
/ 10 the committee on Reconstruction.
Il provides for the admission Of Mississippi
whenever It's Legislature shall have ratified iie
lith article Of amendment to the Constitution of
/ the United States II declares null and void The
disability imposed by the third section Of article
seven Of the Constitution Of Mississippi.
/ By Mr.. Burnes To compel national bank. u
| mike statements six times Year 20 committe,
on banking and currency
| Mr. Holmes offered a resolution declaring thst
Congress would not vote any more money 20 sub
sidize railroads also resolution disconlnuine
/ grants Of public lands 90 corp0mtion-. The ir.t
resolution was adopted by q vote Of 30 o. g.
| Mr. Washhurne Of Indiana moved 10 lay the
second resolution ON the table on the ground chat
] il would interfere with the soldiers bounty b.l
which was adopted by a vote Of 10 to 81.
3 Amendments reported from the committee 900
ways and means 10 the naval appropriation OIL
were then taken up for action. The amendment
reducing tut NliINNllhAlNN lAI VIC llllh4fiNINN
I Navy Yard from $500 600 20 $3.50 600, was greed
and the bill was passed.
Mr. Boutwell,, from committee ON reconstruction.
reported back the Senate joint resolution respect
/ ing the provisional governments OF Virginia and
/ Texas The Joint resolution provides that the
persons now holding civil Offices in the provisional
| governments Of Virginia and Texas. who cannot
take the oath prescribed by the act Of July End,
G2, the test OATH shall, on the passage Of this re-
olution, be removed therciron, and makes il thr
duty OF the district commander to hll vacancies Sd
created, by the appointment Of persons who can
take the oath.
The committee recommended that the prg,i..
ions Of the act shall not apply 10 persons who Pos
reason Of removal Of their disabilities, as pr.
yided in the 18th amendment Of the Constitution,
shall have qualified for any office, and that the
act shall not take effect until thirty days from ii.
passage amendment was agreed 70 and joint o..
solution passed
On motion Of Mr. Lawrence the select commit.
| tee on the New York election frauds was author.
I lied 20 report at any time.