The New York herald., 1869-03-04

aatton BILL at two O'Clock this morning, adjourned
fstil noon
AT twelve O'Clock the Senate again met.
THE ooRCoRAN CLAIM
Mr. HARLAN (rep.) OF Iowa, from the Committee
the District OF Columbia, reported joint resoiu-
ton IN relation to the lands and other property Of
w. W. Corcoran In the District OF Columbia used by
the government during ana since the rebellion II
nstructs the Secretary OF the Treasury TO withhold
AL payment from Mr.. Corcoran until he shall have
taken the test oath.
Mr.. HOWARD (rep.) OF Mich, understood that Mr..
Corcoran had abandoned his property here and gone
away TO stay during the war. He also understood
that Mr.. Corcoran had been rebel sympathi2er AMI
he wanted to know why such a man should be paid
at all.
On motion ofMr. BAyARD, tdem) OF DEL, The yeas
and nays were ordered.
Lr. DAVIS. tdem.l Of Ky said that Mr.. Corcoran
was entitled 10 compensation for his property with
out being required 60 take sucn cath, ana therefore
be wonld not vote 10 impose the oath upon MIN.
Pending the vote Mr. SHERMAN, (rep. OF Chic.
made report from the committee OF conference on
THE BILL TO STRENGTHEN THE PUBLIC CREDIT.
Mr.. BAYAeD addressed the senate in opposition to
roncurring In the report OF the committee and also
IA opposition 10 the general principle OF tne BILL
denying tn8t Congress Lad right to declare The
effect Of previous legislation.
Mr.. 81 ERaiAN hrieny explained the action OF the
committee OF conference.
Mr. sPRAGuE rep OF Z. l., in behalf or the sur
ierng industries OF the country. earnestly protested
against the passage o, this bil-a measure better
calculated than any yet proposed, 10 bring apoGt the
Mr.. HENnlcEs, (dem.] Of md. did NOT think the
till improved ny the action OF the conference coa-
niltee. and again urged the view that Colgre has
no right now 70 change the cootract originally made
between the people and the bondhoders.
Dir. nooidTrLE, tdein., OF Wis, Thought " exceed
insly unwise To attempt TO press this bin 10 vote
now when less than twentyiour hours OF the session
remained. and Wien there was so much urgent lusl
ness to be done. The report of the committee OF
conference presented really new bill, and II could
not be properly considered in hurry; and even II
passed the President wcad not have time 10 exa.
nine II and give 1t ms approval The bill Itself he
regarded a. a measure lor the benefit OF foreign
holders OF orr bonds.
Mr.. CoRBgTr, qpp.1 Of Oregon said there were
two classes OF foreign holders of American bonds
held United states bonds-and he thought Ii but
right thaf the legislation of Congress should protect
the interests OF the latter class
was member OF the committee of conference, ne
had not signed the report and could not vote for 1t,
which there was neither necessity nor excuse.
Mr.. WILLIAMS uep.l OF Oregon. defended the bin
as reported by the committee. and insisted that
even II It We're admitted that tie tve-twenty bonds
night legally @ 3 De Paid naid IN paper yet ths bill, as q
Mr.. COLE, lrep) OF Cal, opposed the pl.
Mr.. WILLIAMS asked whether the Senator from
California, the land OF yold where the people paid all
their debts in COIN was in favor OF paying the public
debt OF the United states in deprecated papery
Nj. COLE replied THAT he was IN favor Of paying
trac; under which 1t was incurred; II by the time
the bonds should become due the United States
should have resumed payments the bonds
would be paid in coin; but II they le due before
that time they would not and should not be 80 paid.
Mr.. NORTON, tdem.l OF Mimi, regarded this as q
measure In the interest OF the bondL0ders and cal
cuated TO put the control OF the public debt entirely
their hands instead OF leaving in the hands Of
the people, where 1t should rest This being the
character OF the bill lie thought the remainder OF this
cussing 1t. Better ali the appropriation bills should
fail than that this bill should pass
vote without further discussion.
Mr.. SfRAGuE again expressed his opposition 10 the
bill. Itwas measure which would make capital
nDa W a Va an tOn N AFuor
can industry within his knowledge could aTord 10
employ 1t.
having the report OF the Committee OF Conference
before them senator's could not discuss its merits
judge OF them lnteligently, and thought II unwise
to attempt TO force the bll through under the CIR
cnmstances.
the report Of the committee was then agreed to by
The following is the bili as agreed to in the Com
mitee OF Conference
BE ieuacted 4c, That in order any doub,
oss g he pusc ersdors and % settle conflicting questions
saons have been conirac's 4 & hereby provided and
paymen. equivalent OF ali the of
u. United states bearing Interest United
sss except cases aw sa,horring the ssne
% %oSs % s Sssa estns sns' ss ssn ,ss gs
% a.. s n V.s s.s o raaa 1.ss aosa9s ssas osssons no.
a. such ne United states notes shah be convertible into
the gnted staies bearing lower than the
pned states also sosnny plsas H. sb Is com & and ise
rou At the earliest practicable period ior redemption Of
Sc. = And be further enacted. That any con,rsc.
ion u which may Be o. properly
sa a. carried aso he ocnrse may ha BEEN al sss
he b.s Of toe com vaue thereof at the time o. such
~ aia 5s sa;ersed sce2Idas iera. 80
sa contract proof of the real consider alton may given
SYMPATHY WITH srAfN.
NJ SUMNER rep Of Mass. from the Committee
O ! .R0reign Affairs, reported back the Joint resou.
Ii expressing sympathy with Spain with the re-
co nnendatiOn that the senate should non-concur In
the amendments OF the House The Senate refused
THE ARMY APPROPRIATION BILL
II emorning hour having expired, the Army Ap-
pr1Y. 1ation bill came up a. unfinished business.
Mr.. HARLAN asked the chairman OF the Committee
on Al pnopratiohs 70 Yield the floor long enough TO
et the 1ote DC taken OF The joint resolution relative
20 the nymeut o. W. W. corcoran.
Mr. loNSEss, repl Of cal, objected 10 the con-
sideraI n oi any business other than the Army Ap-
proprla, Ven bill.
Upon MS bin the pending amendment was that
offered bS Mr. sumner providing for parment OF the
interest tDlm OF Massschusetis aud Maine Tor All.
vanccs ma O. Tor the United States during the war OF
Mr.. stMf m had already modified bis amendment
90 a. to nj ovde that the ciairp should he computed
ami paid act trdng 10 the rn es and limitations
anrlied IN th case Of the similar claim of Maryand
Mr.. CRIME ,trep.l of Iowa. said that the pfoposl-
iion as modin was no less 0EecuOnanie uan be-
fore and he nuld vote against u IN every FORM
s~d would IyyC vote against the Army ApnrotYrla.
fop pllI rather tlan see this amendment passed..
,raa5 "a MIch.. appealed TO M. SIMMER 70 win,
slaw toe amend vent and lei the Appropriation bnl
bV passed.
mi All I'D asked was that the 0ppe1pnts of bls
amepdTnesf would let the senate vote on IT,
Mr. CHAEDLEH was determined that the PROPOSE
tjon should be Thoroughly dncussed 5eioIe u
stonld be voted upon, and proceeded 10
reviewed its itIstorv. lie regarded the claim as
rboy tlprcasoh able and unjust aud II The senator
fronl Nasxacbnsa IT, Or summer should carry out
MS tsrea 70 press it a every session until Il should
~ allowed he Nfr. Chanderl would resist Il at
.p,erg eeasiop and al All he could 10 defeat IT,
~. CoyELixG. trepl OF N. ~, had hoped TIE brei
renalling time OF Con gress durngthe session would
~ covert for substituting railroad companies:
but here. at the very END OF the session,
tae Senator IRON Massachusetts had, IN defiance
az the rules OF the Senate. presented the
bolGest aud most preposterons proposition OF that
house. lie tnen made loDy argument against tue