The Portland daily press., 1870-01-26
XLIst OONGRESS---Second Session.
SENATE.

SENATE.
WASHINGTON, Jan. PA joint resolution
relative to the seizure of distilled spirits in
California was debated. Without disposing of
the question it went over.
Mr.. Sherman, from the Committee on FL
nance, reported substitute for the House bill
relating to the income tax for the year 1870.
The substitute provides that the sections from
116 to 1913 inclusive, of the act of June &c. 1864,
and as anendatory thereof, shall be amended
so that the several duties on incomes, divi-
dends and salaries imposed by said sections
shall continue for and during the entire year
of 1870 and no longer; and so much of said
taxes as are not paid or payable during said
year shall be collected and paid during the year
1871, in the mode prescribed by said section.
The currency bill was then taken up.
MIR. Fenton advocated the resumption of
specie payments and opposed the further in
f1ation of the currency.
Mr.. Sumner moved to amend by substi tut
ing for the bill similar bill introduced by him
for the increase of the bank circulation to
$500 100000 upon the retirement of the green
backs. fa
In reply to an inquiry of Mr.. Sherman, on
behalf of the financial committee, he desired
the Senate to cake action on the bill to-day
he said it was preliminary measure and up
on its disposal the committee would proceed to
consider other important measures before
| them. The plan of retiring the per cent. GER
| tificates was recommended by the Secretary OF
| the Treasury and the President of the United
| States, and no objection to it that he knew of
had been made in the public prints. 1t seemed
to be conceded that this was the most innocent
| way in which the pressing necessity for partial
| redistribution could be made, and the other
| provisions of the bill were generally assented
to-
The bill was discussed further by Messrs.
Sherman, Sumner and Davis until the hour
| for adjournment.
| Sarorol hills ware introduced. includino one
| to reorganize the navy, from the naval com
| mittee. . -
Mr. BENJAMIN of Missouri introduced a bill
| TO give $50 month pension to the widow o
Gen. Mower.
Mr. Farnsworth of Illinois objected, as being
without precedent, when Mr.. Benjamin, attel
| explaining that it was introduced by reques
| of President Grant and Gen. Sherman, with
| drew it. ---r.
| Mr.. Wheeler introduced a bill authoriziD:
the Northern Pacific Railroad Co. to issu'
| bonds for the construction OF its road, aid u
secure the same by mortgage Referred.
A petition was sent from the merchants o
Belfast, Maine, against granting American
registers to foreign built ships, and for the re
duction of taxation on shiphuildng materials
A bill providing that al public lands in Cal
ifornia hereafter shall Be disposed of unde
homestead or presumption laws was passed.
The League Island navy yard bill was the
taken up.
Mr.. Myers of Pennsylvania spoke in favor O
the bill. Speeches were also made in sup
port of it by Messrs. O'Neil and Readip
of the same State.
The morning hour having expired, the bi
went over until tomorrow.
Mr.. Burnett of Minnesota, from the Com
mittee on Elections, called up the report
| Aprjl last on the contested election case frol
the Fourth Congressional District of Sout
Carolina, declaring A. S. Wallack of Sout
| Carolina entitled prinaG fdcse to seat In