The New York herald., 1870-06-07
NEW YORK HERALD TUESDAY, JUNE 4 1s7o-TRlpLE SHEET

rules for sesomtion resembling 80 much OF the
order OF the House as requires an adjournment daily
at i've O'Clock.
After some discussion n the rules were not sus-
pended-yeas l2s, nays 6S-less than two'thirds IN
the affirmative.
pend the rules, TO rescind the rule liking the
hour Of meeting at eleven O'Clock and the hour OF
adjournment at i've O'Clock.
Affirmative
Mr. DAWES made another modification OF the mo-
ton 70 rescind that part OF the rule when requires
an adjournment AT ve O'Clock ana leave IL W Ha-
J0rity eacn day to fix the hour OF meeting.
Mr. ELDRIDGE tdenI.l OF Wis., suggested that the
gentlemen on the republican side should attend 10
public business instead Of wasting time In tnkerng
with the rules.
Mr., DAWES replied that that was the very thing he
was dolng-attending 10 the public business.
inns Time the motion prevailed, yeas l36, nays 5S,
and the hours Of meeting and adjournment are left
un1Xed.
GENERAL BANKS REPORT ON CUBA
MI, MI. BANKS, lrep) OF Mass, moved to suspend the
rules ana 10 assign Tuesday OF next week and from
day 10 day for the consideration OF the majority and
minority reports OF the Committee OF Foreign
Affairs in reference to Cuba he stating that he would
not allow the subject TO consume more than one or
two days at the larthest.
The House refused suspend the rules
Mr.. BANKS lhen modified his motion BY combining
1t To one day-Tuesday, OF next week.
Mr.. FARNswoRTH pep.l Of H., said that his obec-
ton was that the subject OF Cuba should not dspiace
other public business. He considered that an ou
rage and "a humbug.
The motion was agreed to by vote OF 1874 to 90
Mr.. BANKS called attention To the fact OF the recent
publication OF what purp0rted 10 be the report OF the
Committee on Foreign Affairs on the subject of Cuba.
IL was published be said without the ,authorty or
knowledge OF the committee, and he regretted eX-
ceedingiy It's publication IL WAS an imperfect report
OF statement read TO the committee on the 7th OF
sdMs1 hs @ b anu had Deen Ke ZEN me
OF the House In March last to report the joint reso
luton but that action upon IL had been prevented
Dy the Appropriation Tarin and Internal Revenue
bills. He asked that the majority and minority re-
ports might be published in the Globe before the day
assigned. 1t was 80 ordered
BILLS REPORTED.
reported the River and Harbor Appropriation bill
and the Sundry Civil Expenses Appropriation bill,
which were made special Orders-the first for next
Thursday and the last for Wednesday OF next week.
He stated that these were the last OF the appropria
tiOn bills.
FUNDING THE PUBLIC DEBT.
Mr.. SCHENCK. chairman OF the Committee OF Ways
and Means, reported the bin to authorize the re-
funding ana consolidation OF the national debt and
for other purposes. Recommitted and ordered to be
printed.
The bill is as foIlows:-
SECTION That the Secretary of the Treasury here
BY authorized 70 issue, in sum Or sums not exceed
the g Sse ,dhs % Ss G n.a 0 so
In such form he may prescribe, and Of denomina-
Of the present vaue plea
e nea ns ar thirty ro hs date
per per annum, which
an
so IN s Sy sons or sds % have
and expressed their face the specified conditions
snry Of the United states But nothing in this act or in
other law now in force shall be construed to authorize
SEo That the Secretary Of the Treasury hereby auho
at not less 'ban their value COIN and apply
to the redemption OF any Of the bonds OF the United
value or he may exchange the same for such
used for other purpose whatever.
SEC That the payment OF any OF the bonds hereby au
shall be made in amounts to be determined from time To time
as be- ss ana as as % h s any
numbers beginning for each successive payment with the
or redempon he Secretary Of the treasury
s a y % ane % s se
pration three months from the date of such
.horzed and instructed with any Treasury
United States which in his opinion and discretion can be
any per Of the United States the kina
redcemabe by the their issue
the particular bonds to be paid and cancelled shall in all
number IN the order Of their numbers and issue
given the Secretary Of the and in three months
after the date Of such public no,e the interest on the bonds
be competent the holders owners any
he any ,% he end
nose led for a Son. o s as
The treasury acsoraanss WIN tie Droys01s rss
authorize the issue Of United state notes and for tn
redemption OF funding thereof and for funoin the hoatn
cy
a's the sie
cancelled and destroyed detailed record Q, such BOMBS m
Treasury Department Any bonds hereafter Issued to sal
paid Hereafter the United states shall also in Ike
be cancelled and DESTROYED and the amount OF the bonds
W from the OF S,,c eass class o. h
a 81 be sped to edem"n or
OF the public debt an amount equal to the interest on al
Piled the Secretary OF the Treasury shall from time
aass sscn % q $ a sns RnOc d''' as
SEC Ths, the Secretary c % Of f. the he Tssn Is r
lion deposit for not less than thirty days. In of
than hundred doar with the or any As
the same, who shall issue therefor certificates OF deposit
prescribe and said certificates of deposit shall bear n,ees
rae not exceeding three Per eenu m per an ana
from deposit at any time suhsequen. to thirty day
a Of said certacaie provided that the interest on
such deposits shall determine the pleasure Of tn
centum and bullion deposited for represent
Treasury for the payment the said cert6caies
beyond twenty-five centum be applied at tn
e n the
n. n h a s as
this act And any certificate Of deposit issued as aioresal
payment for any bonds authorized to be issued by thi
REDUCTION OF TAXATION.
| The House then, a. twenty-five minutes past tive
| O'Clock, resumed the consideration Of the biz TO re
|
motion TO lay on the table the motion to recOnside
the vote whereby the main question was ordered Oh
| his amendment TO the first section Of the Tarif
| bill.
| The Glibustering movement was inaugurated b,
Mr.. ELDRIDGE, in motion that the House meet to
morrow at twelve O'clock
After TINS one dliatory motion the motion to recon
| slider was laid on the table and the amendment wa.
| agreed TO by l39 TO A.
| Mr.. SCBENCK then offered as an amendment tn
second section Of his tariff libeng the free list
tion and moved the previous question on the section
| Mr. HOLMAN, tdemj OF Ind, expressed The mop
That the previous question would not be seconded
| in order that he might move TO add TO the free lis
| tea, coffee salt and coal.
| MIR. SCHENCK remarked that the committee wou'
report blll In relation to free coal and that ina
| bill would be open to amendment.
| The previous question was secOnded-102 to 40
| and the amendment was agreed TO.
| The items OF clay and fuers earth and sponge
were struck out Of the list. aud the item cyante
| inserted.
| Mr. SCHENCK then offered as an amendment tn
| third section, relieving from tonnage duties vesse
| in the coastwise trade and fisheries. IL was
| agreed TO without division.
Mr.. SCHENCK then offered the fourth and last sec
| ton, modified SO as to make 1t apply only to in
| p orted goods In bonded warehouses. 1t was agree
10 Vutth HON 1vs