New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1869-02-12
XLTH CONGRESS-3D SESSION.

memorial for equal suffrage, particularly in the Distrd
| OF Columbia.
Mr. RAMSEY Rep, MINI. from the Committee on Post
Office and Post Roads, reported joint resolution giving
of the STATES for the construction Of
bridge between Cincinnati, Ohio, and Newport, Ky.
Passed
HAlso from the Committee bill giving the assent
OF the United states for the construction Of bridge be-
tween York and BROOKLYN; which. at the suggestion
OF MI Mr. R MSFgap aG MaI Sta On ne table
mittee the Judiciary asked TO be discharged from the
further consideration Of the resolution directing the Com
mittee to inquire into the praccabiy Of preventing the
discharge of convicted criminals under Judge Under.
woods decisions In Virginia. the ground that the Com
mtee did not think proper TO interfere by legislation
with spee9l authorizations OF Court.
Military Affairs reported and recommended fhe nsssao
Of bill to amend the act Of 1906 establishing rules aid
| States. w '"'''U
Mr. CONKLIYG Rep, n. " presented memorial Of
of the pending BILL to prohibit secret sales Of gold aid
Mr.. NYE rep. Nev) from the Committee on the Dis
| trict OF Columbia, asked that the Committee be dis
porate the National Railway Loan and Trust Company Of
| the District of Columbia.
! Mr.. CHANDLER, Rep, N. Y y from the Committee on
Commerce reported fayorably the House bin for the
peal Of unnage duties Spanish vessels also fayoraby
tiona ground tho Nashville House; also ad
verse to the House bin to repeal the act Of March 1867
regulating the disposition OF fines and foFfeitures re-
! eelyed under the Customs laws, &c.
TIE BROOKLYN BRIDGE.
| Mr. MORGAN, (I5ep, n. W from the Committee on
Commerce, reported, with amendments the House bill
declaring that the bridge the East River between
Brooklyn and New York, shall be post.road when
pleed in accordance with the law OF New York. Tie
amendment consists Of provisos that the bridge shall be
so constructed as not to 0bstruet IMPAIR or inarousy
modify the navigation OF the river and that the Score
plans maps and the Information to be furnished him by
The Conpa the plan and location OF the bridge
The bridge shall not be commenced until this approval
be secured, and all changes OF plan made during tho
progress Of the work shall be subject to tho same ap
Mr.. MORRILL, Rcp., Mel from the Committee on
I repOrtpd without amerdmpnt
bill apprcpriatng $4,000 for the relief of the Yancton
Mr. DAVIS tDem KY offered tho following joint reso.
| luton:
F2s That ss d 5 1 ss , 81 S Pss
the House Of Representatives. IL the Hal on She e
presence Of lie seuats and opening
Of the United states the several States and while said
beng togI.ed s I B6sa a S1D s s' and I .r
acting him. and insult to the people Of the United
Mr. FERRY rep, CONFLICT it go over;
The resolution accordingly went over under the rne
on motion Of Mr. TRUMBULL qep., I'D, the senate
took up and passed the bill TO provide for TIE execution
OF Judgment in capital cases.
Mr. ANTHONY (Rep r. H. called M the resolution re-
ported from the Committee on Printing providing for the
war which, aftes some discussion by Messrs. CoNK'
LING, ANTHONY, and WILSON, was reeommitted
Mr.. POMEROY offered JOINT resolution giving con-
strcon to the acts OF Congress granting lands TO the
state Of Wisconsin and aud in the construction OF rail-
Mr. MORTON rep, md, from the Committee on Mn;
10 ne STATES tbe Interest and discount or money Dor.
rowed by them TO equip. pay, transport, and supply
for the service Of the United states IN the recent
Mr. CRAGIN called up the bill for the relief Of Henry
Moves OF Caremont ~ H., directing the Secretary OF
Treasury him $1,000 bond iii place OK
one destroyed. Passed
At the expiration Of the morning hour, Mr. SHERMAN
moved proceed to the consideration OF the Currency
Mr.. CHANDLER moved to postpone that bill to allow
him to make motion for an evening session earned:
ate resumed the consideration OF the currency Dill upon
SPEECH BY MR. coSKLISG.
Mr. 1t is not ny e To so
Ties and plans treatment to which the monetary su-
OF the country has given rise Twotirds OF the
houses OF Congress ought themselves that
the N las ss 81 q Marc VI" Those %h ooa
with favor indifference upon an extraordinary session
Of Congress the coneOmitant OF nauguatng the new
Administration, not session convened by the Pres
ident for reasons then apparent aud adequate, Dut
posey will objection 10 considering az
large questions engaging public attention, whether
My conviction is that we should bend the energies
OF the the dispatch OF such actual measures as
command attention by their urgency as wen as Dy ther
Importance resolving TO leave nothing uhdOne when
session. The subject Of the pending measure, however,
may be with the measure ITSELF Is OF grave Importance
a means OF changing for the better the financial
circumstances of the country It VIII 90 TINS II de-
serves al once whole attention and all our votes ~,
the other hand 1t promises nothing desirable s pre-
sentaton Mil confirm the lear TGo mas o1 u tg
and sounder legislative principles respecting them must
ana for methods and be evolved by him. or
at least with cooperation. To find the true value and
utility Of the i've sections proposed, takehem up In Or
der Tor examination within limits only large 10
brace such would seem TO be easily foreseen
The first section leaving proyiso out Of view for
moment iegazes contracts specifically answerahe in
CON- This presents question OF when mucD hight o
said The Senate, however, has heretofore adopted
equivalent provisions, and has thus determined the
e1pediency OF trying tho experiment. Nevertheless.
some concern for the result None can in advance
that to withdraw large body Of the commercial transac
circulating medium which will still remain will not tend
to depreciation greater than now exists ...
But the which concludes this section suggests
the first point which ask the attention Of the Senate
Fsna t eaS ssf ~ sS AID af aass o. ~
United states Of Asa n Congress eSsn,Ia l any eSS'.o
may be enforced according anything tie
That this section shall not apply to contracts Tor .ns e2Sa o. car
already % unsss such coa'Vaet originally required payment
It was obviously the conviction OF those who OPP
pended this saving clause, that 1t would be unsafe
to legalize bargains for payment IN eoln' leaving
Hence q guard Is set some persons Who are theyt
First borrowers OF money. They must Is thought De
ton oan in return FOR borrowed money
II soundness OF this proposition be granted ana IN
be granted also that the employed would secure
the protection required noticeable commentary arises.
We declare that wise TO make 1t optional to enter
In the same breath we declare that safety re-
duires two-thirds Of all the commercial trans
the exercise Of such an option It exaggeraton to
say twOthirls of commercial operations involve
the loan OF money directly indirectly ana 90 true
that the parties themselves be trusted TO make
their bargains the fact is not suspicious IN the md
cations It affords OF the nature OF the PROPOSED eAp
ment and its possibilities Of evil II we agree W III IL
Committee that borrowers should be insured az ider
exaction OF repayment in coin, we must theh , ar
whether such provision this would be aaea "asion
efficient AT this point the inquiry @ire remains be-
tween gold and currency no man Wy u M egsatiye
IN he returned i'm COIN dollar for dollar. ~
| al 10