New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1869-12-03

said 90 per conum Any bank officer offering. and any
of any public money in a bank shah be deemed guilty Of
misdemeanor, punishable with fine and imprisonment
All banks going into liquidation shall pay over within 70
days amount of its outstanding notes and take up the
bonds deposit with the U. s. Treasurer in default OF
which the bonds are TO be sold ON the STOCK
exchange auction provides that receivers shall have
salary Of $500 and certain commissions on the
to two per cent. The withdrawal OF thirty millions
vded for the mode OF withdrawal and redistribution be-
Ing similar to that proposed IN other bills already
Mr. Lynch Of Maine proposed in House BIZ NO 4O6 In
toduced and referred April to issue and distribute
in States and Territories having less than their proper
ton Of the crculation bank is to have an Issue of
than 100000 and not more than 20 per cent of
their reserves TO consist of the three cenum tenn
porary loan certificates.
RESUMPTION OF SPECIE PAYMENTS
Mr. Lynch of Maine has pending before the Committee
on Banking and Currency Cof which he ia a mcmber, to
which it referred "a bill to provide for the gradual
resumption OF specie payments" 1t s a proposition
which has been before the XLth Congress- and discus
sion seems 10 improve It's popularity The plan receives
the appreciation of many Western representatives, as It
does not involve contraction The principal features are
not unsuitable for the more improved condition OF he
national finances 1t provides that after certain date
United States notes now outstanding shall Wen received
the Treasury destroyed and in lieu thereof new
notes payable In coin aud OH demand within one year
date shall be issued National bank notes received
receive them shall be redeemed by the banks in legal
tenders which in their turn 70 be destroyed and new
coin notes substituted The whole amount OF these are
not TO exceed the present issue of Treasury notes eXc
fractional
legal tender for redemption OF national bank notes anu
for all other purposes, except by the United states
matured, or In payment OF the interest on the
public debt where such interest Is now or
hereafter may DO payable according TO law In
coin and Also except before maturity in payment to the
United States for duties on imports" SAD notes. II re-
new notes TO the same amount, under the regua
TONS except after the payment OF specie has actually
issue for periods of less than year. but not less ta
nntp hat hay redeemed.
discretion issue bonds TO an amount not exceed
ing $50 600 payable on and after years, bear
ing not more than per cent interest coin the bonds
also payable in god said bonds are not TO DO issued AZ
less than par In lawful money. An accurate account
to be kept Of the notes redeemed issued reisued and
destroyed After the passage OK the b no goa or silver
is TO be paid sold out Of the Treasury except In pay
ments such existing laws demand
In q carefully worded speech. made by MT Lynch In
support Of this measure, he explains his plan at length
PROPOSED CHANGES IN CUSTOMS DUTIES, &c.
Mr. Morrill, Of Pennsylvania proposes, In House bill (No
2o), modify the warehousng system so that goods
wares and merchandise, with certainnamed exceptions
may be warehoused for period Of 60 days. the entry to
be described as for a temporary warehouse number
articles mostly drugs OF various kinds cigars cigar
molasses furs spices, and number of similar articles
TO be warehoused for three years only Ihey may 90
withdrawn at any time, original duties paid, on fnrther
payment at the rate OF per cent Interest on the total so
paid and also storage an goods TO De so TO-
manning longer than the allotted time. The mode OF
disposnG Of unclaimed merchandise also provided Tor
Mr. Wells Of Missouri provides by House bill (No 2OO,
regulations relating to apprasement and inspection OF nm
Spirits or those that are perShabe explosive landed
ut any port Of entry, and consigned TO the ports
Philadelphia and Portland shall be forwarded by the
Collector, on proper bonds being made to any port
named for which IL shall appear to be designed such
transportation be at the risk Of consgnee or importer
and the duties are TO be paid at the port TO when con-
signed The bond is required TO be double the value OF
the goods which can only be forwarded by transPorta
lon & ne OF 0,er r % nntp f tho Customs
officer Inspectors to be placed on the routes at the
expense transportation companies. Goods NOT
be ranshipped laden route, except 1t be
rendered necessary by change Of gauge All acts au-
thorzing attachments, &c on account OF damage occur
ring during voyage Of importation, or by IRE or other
cause after arrival within our territory, are 10 DC re-
pealed All merchandise 10 be transported must DO
transported directly from the vessels 10 the cars &c III
which they TO be taken The Secretary Of the Treas
ury may. however authorize special WarenOuSihR lor
period Of not more than ten days after which, II not re-
moved IL is 10 be taken charge OF as unclaimed met
of the ports Named with the proper number OF
couraging the breaking Of any car vessel &c, con-
tanning merchandise IN process OF transportation shai
Horace Maynard OF Tennessee introduced April /,
House bill No $685. which referred to the Committee
OF Ways aud Means, Of which Mr. MAYNARD Is prominent
member proyiang dor tne increase Oh OF
ports and imports" 1t is elaborate bill, making slight
changes on several hundred articles aud needs TO be
examined in detail 10 be understood 1t - not probable
that it will be taken up as it is understood that me views
Of tie Committee have been somewhat modified ~ their
Investigations.
POLITICAL TTOS-REcONsTRUcTIoN, &C.
Senator Ferry offered Senate Resolution No. by which
the third section Of the fourteenth article Mr. Sawyer
proposed amendment that person who served as
an officer IN the Rebel army navy should be re-
ccved and the resolution itself should not 80 into effect
till all the States were restored to Congress.
Mr. EdmHnds, by senate bill (No proposes 10 remedy
the Georgia difficulties by remanding the State back 10
Its provisional condition, and therein expeng the He
gay seated members OF the Legislature. and restoring
the expelled coorcd members, after which the recon
structlOn process is ~ proceed IN due course |
Mr. Summer offered his weEknown bill to guarantee |
republican form OF government by insurng the elective
franchise all citizens. lie holds THAT there sur
cent power in the Constitution to insure equality OF the
franchise II " were only properly enforced THIS BILL
Mr. Pomer9y IN the, the senate. and Mr. Julian In tho
the electoral laws OF this District OF the Territories OF
Mr. Ferry proposes in Senate bill So lII) to enforce
the Fourteenth Article make 1t the duty Of the
District Attorney 10 proceed by quo u0tTdnto In the
United States Courts against persons holding office
trary the third section of that article He offered
amendment to Bill NO. 1853 relieving certain per-
dsqualided to file with the State Department declare.
ton that he holds true allegiance. &C. 10 the United
names Of those filing such declaIatons with their resi-
dences. and hereupon the disabilities shall be removed
No person who has been Senator Representative In
Congress, or who before ncurrng disability held COIN
mission In the Army Navy shall come within the pro-
Mr. Trumbull from the Judiciary Committee. reported
bill TO enforce the Fourteenth Article In the matter OF
disQualheaons for holding which directs 70
ecute any person illegally holding an Office for which lie
is DISC Qualified under the Amendment and making IL
msdemeanor punishable by fine and imprisonment TO
no hold such an Office the person knowing himself 10 DO
Mr. Carpenter. by bill Go 81 proposes plan Of restor-
ing Georgia. which has the advantage OF Senator Ed
Governor directed to the Legislature orig
naly proclaimed elected by Gen. Meade cause them all
duly relieved them Of disabilities. and expelling those
who cannot take such an OATH " provides pains and
which they cannot qualify. Gen. Buffers plan is some
what similar TO tins.
bill No 2lS that when any person qualities for any Office
under the United States If not disqualified by the -Four