New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1869-03-05

July o. 1863 the bill which passed the Sehate July 70
provide for temporary loan OF s2OoO@o~ 70 reueo '0
remainder of tile outstanding COMPOUND Hh.'i0sV ''
was taken up in the House, read twice. anu
the Committee of Ways and Means
REELECTION OF INTEREST.
MAY o. 1863 in the Senate Mr.. Morgan introduced
b proydine for reduction Of the rate OF Interest ."
the Public Debt to i've per cent on twentyyear Donu'
and four per cent fortyyear bonds kead TWICE. ALI"
referred to the Committee on Finance
THE NATIONAL BANKS.
Feb g. 1868, Mr.. Henderson, from the Senate Commttee
on Finance, bill to repeal the acts limiting the amount
Of circulating notes be used by banks TO tocOoOoO
and authorizing receive $500 in notes for every
thousand dollar bond deposited with the United States
Treasurer Read and passed to second reading FeD'
10 1868 Mr. Garfield Of 0hio bill TO provide for grad
ua return specie payments by requiring the Secretary
OF the Treasury pay gold for any legal tender notes
which may be presented Referred to the Committee Of
Ways aud Means.
ON the same day. Mr. Poland OF Vermont bill for re-
firing United States notes. and for organizing free sys
TEN OF National banking Referred to the Committee Oh
Ways and Means
On tho same day the Hon. Burton G. Cook OF Illinois
offered bill requiring National Bank notes paid Into the
United States Treasury to remain there un caheeeo
and the issue Of United States notes not bearing interest,"
IN their stead Referred TO the Committee on Banking
March a. 1863 the Hon. Denas Barnes OF New'iorK'a
Joint resolution calling for report from Na'lona BANKS
TO the Controller his demand referred TO the Commit
tee Banks.
Jan g. 1862 in the Senate. the Hon. Henry Wilson In
troduced bill TO prohibit banks from paying or recev
ing interest deposits &c Read Twice. ana reierIeu
to Committee on Finance.
IAN 49, 1862 Mr.. Barnes OF New-Tork introduced Dill
TO prevent banks OF from paying interest upon de
pots Also u bill TO prevent banks from oaning money
mon legal tender notes. both Of which were referred TO
the Committee Banks and Currency.
On the 2lst Of January, 1902 in the Senate Mr. sher
man. from the Committee on Finance. Introduced Dill
reorng banks TO make detailed report OF their affairs
to tho Controller Of the whenever required to
rive security for Government deposits, and prescribing
terms on which they shall 20 into liquidation. IL was
ordered to be printed On Jan 80 1902 an act 70 regn
late the deposits Of public moneys, prohibiting te de
posits in any bank within fifty miles of subTreasnry
which passed the House JAM IS, was read twice IN inc
Senate and referred 10 the Finance Committee.
Feb g. 1862 Mr. Hooper Of Massachusetts,, bill 10
prot the further increase Of the Public Debt and re-
lurng the Secretary OF the Treasury to pnDllsh
monthly statement OF its condition. Ordered printed
In tic Senate on the 18th OF February, the House bill
which passed Feb - to prohibit the further increase OF
tho Public Debt was read twice. and referred to the Com
mittee on Finance. Also the bill which passed the |
House Feb 10 prevent oaning money upon United
States notes. Referred to same Committee
TIE BILL REDIsTRIBUTISG TIE CURRENCY.
This measure started Ia the Senate during the first
session of the XLh Congress 1t passed that body during
the second came to the House, and referred to the
proper Committee, by whom, however, 1t was greatly
changed There was in the bin when reported to the
House. attempt edSrbute the currency that tho
South Western States would have had as fast as
banks now in existence were wound up, an additional
$2OOO0OOO or currency Amendments of more sweeping
character were at once offered by different members.
Mcssrs Poland and InGcrso wanted free banking sys-
tenn; Messrs Coburn, Lynch. Hubbard, etc. wanted |
prorata ds;ributon while Demas Barnes and others |
looked TO the defense Of the present system.
The discussion that followed among the most ex- |
citing the session. After fierce struggle Mr. Coburns
tndanaJ amendment providing for entire redistribu
Iiou was carried The bill went 10 the Senate ana is
now pending before "a Conference Committee The rad
cal change proposed by Mr. Coburn within vote
Of being adopted Ia the Senate The South complain |
greatly; only sI2O0OOOO OF bank circulation reds
tbucd there The Coburn hill would have given them
s27 aud taken In all about from the East
and gwen 10 the West and South.
TAXING SHARES IN NATIONAL BANKS, GREESDAcKs, AND |
BONDS.
On the 25th of November. 1867 Mr.. Peram Of Maine in
PRODUCED bill providing that shares OF National Banks
held by persons corporations may be included IN the
valuation personal property In the Of
taxes vhero such person corporation is situated
Also making II the duty Of every snch Bank transmit
TO tax asscssos list of all shareholders and tine amount
held by each. Referred to the Committee on Banking.
Dee q 1867, Morton C. Hunter OF Indiana, bill to tax
gfccnOdchs, ltlSuIy liolcSi uhhh
currency, by States and Territories for all purposes.
Referred TO the Committee Oh Banks.
Feb g. 1863 Mr. LOughrdge of Iowa presented bill au
thozing a United States notes 10 be taxed by States.
Dec 49, 1867, Mr. Hooper reported from Committee on
Banking bill to authorize tho taxation OF United States
notes and National Bank by State authority the
same manner rs other moneys taxed Committed to
the Committee OF the Whole.
Jan 30 1868 an act which had previously passed the
House. authorizing State authorities TO tax shares In Nh
toma Banks read twice in the Senate and referred
TO the Finance Committee.
Feb H. 1888 Judge Lawrence OF Ohio offered joint
resolution declnnng that United notes bearing
interest arc exempt from State or municipal taxa
ton by OF June 80, 1864, 10 provide aud
mcaus," &C. Referred to the Committee Of Ways and
LEGALIzrSG GOLD CONTRACTS.
Dec r. 1sGs Gen. Garfield Of Ohio introduced bill TO
lcgnlzc gold contracts, which referred 10 tho Com
mittce Oh Ways aud Means, and ordered printed.
PROHIBITING SECRET SALES OF GOLD.
Jan a. 1869, In the Senate Mr.. Conking introduced
bill 20 prohibit secret sles or purchases OF gold or bonds
on account of tho United States and requiring all ex
change purchase sales Of United States bonds by I'D
yert,ng for proposals Referred TO tho Committee OH
Finance This is the basis of bill now awaiting the
Presidents signature.
PROHIBITING COMMISSION on SALES OF GOLD AND
BONDS
on the LIST OF February 1862 Mr. Judd OF Illinois intro
dpced bu 20 regulate the method OF converting gold
into currency prohibiting the payment OF any percent
oro for the sale OF bonds and requiring all sales to be
pube after inviting competition. Referred to the Com
mittco on Banks
Feb 4 1862 Mr. Logan OF Illinois, bill TO provide Tor
,he p,vmeu OF he Public debt by the issue Of bonds,
&c Referred to the Committee Of Ways and Means.
This proposition attached to bill reported oy MT.
Hooper Oh the 18th of January reported from the Com
mtee on Banks aud Currency. prohibiting secret sales
OF gold aud bouds which passed tho House, ana Is now