The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1869-02-13
THIRD EDITION
Proceedings I'm the Senate-General
Grants Certificate of Elec-
tiOn-How He Re-
ceived IL.
FROM WASHINGTON.
Special Despatoh to The Evening Telegraph.
National Ranks and the DistrlbutaOn Of
CURRENCY.


currency.
WAsHNeToE, Feb. l9.-The Banking and Cur
Tency Committee to-day finally decided on the
Orde Of business which will be disposed of to-
day. Five bills in all will be reported, as fol-
lows;-A bill prohibiting the depositing Of pub
lie moneys in banks in cities where there are
sub.treasuries and s'redistrlbution OF national
banking currency.
Thie bin takes twenty-three millions OF cur
rency from the present national banks, by
reducing their per centum of the circulation to
their capital and fixing their percentages at
eighty, seventy, sixty, and hIty, with proviso
that no bank shall have a circulation OF more
than million. 1t gives twelve millions to the
South and the balance to the other States and
Territories which have heretofore sec ured the
least valuable proportion OF bank currency.
The other iour bills relate to the certihcation
Of checks by national banks, prohibiting the
loaning of money on greenbacks as a collateral,
regulating the time and manner of making re-
ports by national banks, ald providing for the
sale OF gold az public suction and the sale Of
exchange and purchase Of United States securi-
ties by Inviting proposals, after public notice.
Despatch to the Associated Press.
General Grants Certificate OF Election
to the Presidency.
WARRINGTON, Feb l3.-This morning. at
| half past 10 o'clock, Senator Morton. and Re.
| presen tatives Pruyn, of New York, and Wilson,
| OF Iowa. made their appearance at the Head.
| quarters of the Army, for th5 purpose OF pre-
tentipg TO General Grant the certificate OF
his election as President of the United states.
The impression that the proceeding would be
the eommit1ee arrived half hour IAN In 'ad. ad
vance Of the hour at which IL WAS understood
the ceremony would take place, prevented the
| would otherwise have been attracted by the
General Grant was In his office at the time
of The arrival OF the Committee, busily engaged
in the performance of his official duties.
| They were soon csc Oried Into hts presence
| and the proceedin. began.
| Senator MOrtOn's Speech.
Senator Morton addressed the President elect,
| announcing that they were the oommittee ap
pointed by Congress TO present him with his
com mission as President of the United States
| for four years, commencing on the OF Marc 4
next, and in few remarks assured the Gene
raj that his electioa was extremely
gratityGpg to his Gounty%en and mat the
| duties OF his distinguished office. apply the
same energy, integrity. and patriotism that
usefulness; and In concluding his remarks said
that he wonld have the support of The people
| differed politically from him in admins.
| tering the affairs OF the Government
/ General Grants speech.
General Grant, receiving fro IA Senator Nor.
ton he certificates OF his election, announced,
| amid intense interest on the part of the few
gentlemen who were present, and In firm,
she Office SS Of President Of the Tilted States he
| assure them Of his determination TO carry out
faithfully the ooIisstions2 20 OF that office and
| honest and faithful discharge OF the revenue
laws. He would call around him men VINO
| would earnestly carry out the principles of
| economy, rerenchment and honesty which
| were desired oy the people OF the country.
| Should the officers of the different branches of
| The Government service not satisfy him In the
discharge Of their official duties, ne would not
| hesitaie Q a moment ABOUT removing them and
| 81 d.
| pointmenis as with Lnose Of his predecessor.
General Grant stated that he had not an
| nounced his Cabinet up to the lime of the
official declare Ion OF the result OF the election
| the names OF those whom hs would invite to
| become members In the Interval, however.
he had concluded not 20 make known the
| names OF the genilemen whose services ne
| would be glad TO have In this 5peci, even To
| the gentlemen themselves, until he sent them
| this determination, Gen Grant said, was because
| ofIhe fact that should he do 80 pressure woald
| Immediately commence from various parties
| to endeRvor TO induce him 10 change his deter
| mination. moi SO much probobly from the fact
sonal motives, but on account OF the Interest
which gentlemen may have for their own
copSuded to make % no OPP pubic % annoSncemena % ne Of
| his Cabinet until the time mentioned. General
Grant spoke wliho any reserve, aud with tue
4 marks were received by his distinguished visi-
| tors with every mark OF interest and appropa-
Afterwards. Mr. Pruyn, Ct the committee ad-
| dressed the General very briefly, TO the effect
| that while the party with Which he was iden-
| titled differed politically from the President
| elect, he desired to assure him that his admin.
| istration, in carrying out the principles which
| he had men n;ioned, would have their hearty
1 support and co. operation.
| the speeches were delivered more in O con-
! versa iUnal tone than in formal set manner,
and the occasion was one OF quiet though most
| Intense Interest. The members of the staff OF
1 General Grant were present About twenty
gentlemen were present altogether, including
4 the committee and staff officers.
The committee. after leaving General
Grants headquarters, pTOceedt d to the Capitol
ana walled upon Speaker Cofax In his recep.
| lion room. They presen ted him with the certi.
tcaIe OF his election as Vice President, signed
| by the President of the Senate. and then
| several!y congratulated him, to which friendly
| expressions he responded;-
"Genilemep:-PIease convey to the two
houses of Congress my acce piance of the office
| TO which have been elected by the people o
| the United States. and assure them tnat snail
| ppdeaVoY 10 prove worthy of his mark Of On
hdPnce by fidelity TO my principles and my
duty"
the committee then withdrew.