New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1870-03-04
XLIsT CONGRESS-2D SESSION

The following bills were Introduced anu re-
ferrod:
Mr. CHANDLER rep, Mich.)-To regulate the foreign
and coastng trade on the Northern Northwestern and
North. Eastern frontier Of tine United States.
Mr.. POMERoY Rep. Kansas)-To enable the Leaysn,
worth. Lawrence and Galveston Railroad to e1'eho
Mr. HOWARD Gsep., Mich ITO repeal certain acts
passed by the territorial legislature OF Wyoming
= CHANGING the JUDICIAL CIRCUITS, o. o,once
the judicial circuits. The Senate Committee amendments
defining the limits OF the circuits were agreed 70
The amendment requiring Justices OF tls .up,' rn
Court OF the United States to be residents OF thet
specye circuits. and that vacancy shall Dc n,gp
70 reside in any circuit TO which may be allotted WIN
out change Of residence discussed unt 'no '"''
Mr. WILEY Rep.. W. Val moved TO amend, line tne
amendment that the Judge shan reside ~ Of his
bei11 csdsnt when appointed. lie believed that IN
Of the qualifications requTeh AM IN make his
of the office the President should be aloweu na1ona
selection from the nation large, and that the t,
interests should not be made supseNv,ia circuts il
nipbt be daiGult TO find man whose ioysl n n
superior entitled a n s So Court
Ar AVIS Dem KY, though distrustlng the anl ,
Of the appointing o the supreme Court Of United
states was willing TO leave TO tne a o
strced constitutional discretion wcn 1 ~ he country
making his nominations from any portion % ss 70 srst
lie believed IL not competent Tor COhgress 70
The President in this particular, or In relation 10 honn
u1 WS WILSON Gep, Mass) submitted amendment
looking TO a arrangement OF the Circuls. ,, n,
MFR TRIIMBUIL explained that the ARRANGEMENT, vi
the Circuts by the Committee based upon popnla
ton aud the number OF cases on tho snpre1S
docket with a view to equalizng the amount OF pusines
for each OF the Judges He said the bill had not per
object but that the Advancement 81 ,e oeady
confirmed The argument that Congress- had no p2scr
to the President to any particular Dse, rgres
ing these Judges was based upon the idea tha
could not prescribe the mode in which ne Presdeh. sn
perform his duties. The President was @ w. sa ar
Chief OF the Army and Navy. but he coula no. iA "
pay a soldier without the cooperation oil Congress
The bill was then laid aside. 49,, ,u,,,oo nm
Commerce reported With amendment the bin to incorpo
rate the National Bolivian Navigation Colnpans IT, ~;
uior9nii passenger steamers between New-York Scan
dinavian and German ports Also Tinted states
citizens and engaged In the c0asng trade from no o'
cation Of employing licensed ploI n
At, O'clock the consideration tho Funding bin was
resumed and Mr.. MORRILL, (Rep, VI hddTessen ,ne
senate on the mpocy of issuing any loan at ess .n
per cent asserting his belief that nj the prooseu Ie u
could not be negotiated either among our own people op
ahrnad The plan was Objectionable III SO lar as the
%,i"pal Rank, were badly treated In consequence OF
which the charters OF many or hem nHht Oe ny
and The bonds offered in market to the detrment OF the
~, tti cred,t and al a time when the credit OF the
United states should DO supported by pohds maintaining
NJ 'dRTON rep Ind argued that in order to secure
rho advantages TO follow from long bond the flgt VI
demntion WITHIN short time must be lett out lie Ia
varcd tho offering OF long bond TO the amount OF
a. 600 100000 which should not be redeemdpe ~ es
On with the privilege OF using any surplus money
IN The mean time in buying 1t up, as we are now dong
% royisio for the substitution OF bonds he considered
a. Of M rractca benefit because II the banks were re-
,ad t take bond bearing lower rate Of interest the
tax would have TO be reduced, ana mus tne loss n @
gaIn would DO commensurate. The best that
could now be dOno with the hallona pahAs
was TO compel them to loan thelr inChey
cheaply. and thereby keep down inc Late' o. tntb
sec0ps made more apparent discrepancy In the b ny
which of the banks to be created we're aud h
were eacS received the same per cent OF currency
wa objectionable making dlHcT
eDce of 10 per cent in favor OF the Old AS against inc new
banks. The bill would nevaDIy ehJ c9rtahS rS t,
particularly the West and SOUTH was decidedly opposed
The third section authorized the funding OF the green
backs into per cent bonds. and then provided mat the
aggregate debt should not be increased
prohibiting the Secretary from paying OUT th9se
as Willing 10 award 10 the Secretary oil the Treasury
the credit due him for what he had done ana he had
done much for the finances; but might reasonahly
ness what were his the subject OF contracto
and was very questionable whether all sections Should
leave their interests in the hands ~ one man. however
nure ne might be- In reply TO a reference by Mr. tas
serly to popularity the issue OF the Engish cohsos
nroye by age and acquired value rs they become od
and well understood This was appcabe 70 our Donds
desrous OF voting for funding bill OF some KIND, but
he preferred II possible, to have practical measure
THE FIFTEENTH AMLNDMrNf
Pv unanimous consent. SIR. FERRY Gep. Conn., In
troduced resolution directing the Secretary Of state
10 inform the Senate what states nave rathed the IN
teenth Amendment and have transmitted notice thcfeor
Ia tbe STATE Department. Also from time Ia me as any
ratify the same, the
same TO the Senate. The resolution was adopted.
Mr.. CAMERON Oicp., PENN favored policy OF inac.
zion by Congress regard TO the finances, believing ts
i'm few years. as our abity 10 pay our utDs ptcane
Known our bonds would be eagerly sought for He de
cared himself especially hostile to the provision for for
agencies as 1t would authorize fund for corrup-
ton and would humihate without materially aiding the
Government lie then moved to postpone the whole sub
ject until April 3. ,.,
Of OF the debt within the last year as an evil
dence only Of the disposition but the ability of the
Government Ia pay the debt
that there would be great rush for the -four per
cents" but that the SOoOOO0O OF hye per cent bonds
would lie taken at once and would result In saving
In OF s5OOOO00 per annun He would Ike TO live
long enough 10 NewYork the money center OF the
world and, therefore, would not 20 any where out or
the United states TO establish agency for paying our
debts lie would vote for proposition of that
Kind He would vote with his friend from Pennsy lyania
Mir Cameron and his friend from Massachusetts (Mr.
summer to strike that section out OF the billi
The motion Of Mr.. Cameron 10 postpone was then
voted down.
Mr Summers amendment. as modified as to apply
the proceeds Of the sale OF the bonds 10 the payment
the vetwenty bonds OF 1902 was not agreed To, upon
Mr. SUMNER then offered further to amend the
first section that the bond provided Tor should be
tenOrty instead of ten-twenty bond lie remarked,
support OF his motion that the tenfOrles had good
name and well known, and gave notice ne would
propose extend the four and half oap to 90 years,
and the four per cent loan to sixty years
Mr. SHERMAN assented to the amendment regarding
IL very material when, by unanimous CONSENT tho
section amended.
Mr. SUMNER then moved TO amend by increasing the
aggregate amount OF the five per cent bonds from
$4OOeO0O0 10 $OO0OOCO which was not agreed to by Is
to 49, The Senate then adjourned.
HOUSE OF REPRESENTATIVES,
On motion of Mr. WILSON Rep, Min.), the
Senate joint resolution allowing the settlers on he late
1871 to make proof and payment on their claims was
taken from the Speakers table and passed L.
structing the Committee Of Ways and Means to inquire