The Evansville journal. [volume] (Evansville, Ind.) 1866-1870, 1869-03-26
ooNGREssIoNAL.
xLIst COSGREss-FiRsr SESSION

] SEN 'EEs-----...--.. W AsHINGTON, March ..
/ William J. Hamilton, from Maryland
I qualified and took his seat.
[ Rice Introduced a bill to enforce the
Fourteenth Amendme Il AMI laws of the
/ United States, and TO restore Georgia TO
/ represen ntaL1ol by the government etecT eo
printed.
Patterson introduced bill to provide
for re renchment anu greater efficiency in
the ID plomat1c and Con Ular system OF th 2
United States Referred to the Com mi tee
on Foreign AT Ans.
Cole introduced a bill granting lands to
the san Diego Branch of the Southern Pa
cific Railroad. Referred TO the Committee
on the Pac fic Railroad
The Senate concurred in the House
amendments OF the b j. to incorporate the
NOtional Juactfon Railroad company.
the 6f inGrodaeed by PhfGnm9ls hfm a@ 10
days ago on The private IOaning of p 1bic
money and for other purposes, and, on
his motion, 1t was ordered printed with
the bill, and, also. IN separate form.
Wilson introduced "a b IL declaring the
discontinu nee OF the Freednen's Hos
pitaI at Richmond and Vicksbarg and IN
the District Of COium oIa. Rsferred to the
Committee on Military Affairs
Edmuuds moved TO take up the bi to
enforce the Fourteenth Constitutional
Amendment d laws of the Uuited
STATES in Georgia
Sherman objected, because he wanted
the Senate To AXE up the bill supplements
ary TO an act to provide nOUiOual currency.
Edmunes $ kaid he had moved 10 take an
the bill r ialtng to Geo gia because he
wish the Senate to decide definite
whether anything was to be done ar this
session to seftI- the status of that State.
He thought Congress was e ther treating
GaOrg a Very bad. y By exc. udi1g hcr fr IN
representation, or else W 5 JOlerating the
revolution ~ cOn0ltiOn of affairs, which
Ought4o b brought to an end.
sumner thought it more important that
prompt action he taken on the Georgia
than on the Financial bill because ats
passtge was necessary for the pr. serva-
uOn of peace in that state, and also an
example of reconstruction
Sberman's motion was carried by 10 to 5.
The pending amendment was that offer
ed by Wilson, authorizing an increase o.
fifty mIitOn dollars in the issue OF circu-
lating notes, and prov ding that in max
ing the issue, u preference shall be given
to banking associations in the states and
sections OF country not adequ ately sup
piled with banking facilities.
The amendment also provides that
Whenever the amount OF Un ted states
notes. and Circulating notes of National
Banks com bined shall be in excess Of seven
hundred million, the Secretary of the
Treasury may retire and cancel tie Uutted
States notes to the amount of SucH excess
until the whole amount of United states
notes outstanding shall be reduced to
sherman explained in detail the pro
visions OF the bill. Tue Committee on III
nance had come TO the conclusion that no
more radical mea sures than this could b.
sa feiy proposed at this time. The distri-
button OF circulation, of course, was very
unequal, but Il Seene1 70 the committee
better to equalize IL gradually tn htn by
sudden measure of general redistribution.
A more radical measure would IA ceSsarily
disturb the business of the Eastern and
middle States, but this bill would at least
supply the South aud West, and upon the
resumption of specie payment there WOu 4
dou bttess be IA fair banking system eStab-
lfsned, which would prevent a controversy
about equal distribuiiOn.
AOrTIlf moved an amendment to the
fourth section. providing when "A with
dTawal Of the circulation from one point
is required 10 supply dehcie1ci $ az an
"a. Ia
having a capital exceeding el03,00) Lost.
Mo rtlt offered another ann hdm6nt 10
the fourth -ction, prOVid NJ that where a
transfer OF capital IS demanded. a requisi-
ton should be made for IT, required sum.
com menclng, pro rata, wiSA th banks IA
cities having an amount Of bank circula-
tiOn more than double the &h1punt waich
1850, Lost.
Kellogg moved to amend Wilson's
amendment by authorizing an issue OF
s40), 900 G01 instead OF sIjJ0J0.Ol0.
Morton asked the senator from LOui~t-
ana whet her the amendment cOntemplat.
ed retiring an equal amount OF green
backs.
Kellogg said it did.
morton said that would be dire { lO-
IatiOn of the bilI Tece atty p tsSed ptedgiug
the United states 10 the payment OF all
their obi cations IN coin, an1 he cOu not
consent TO II.
The propriety of withdrawing the sur-
Plus BANKING circulation rom th Eastern
States for the beued OF the south and
West was debated az length on the same
grounds sts n the former discuss on with
cut acJiOu on the OIL
The Senate, 1T 4:l0 went into executive
session, aud soon after adjourned.