New-York tribune., 1870-02-03
XLIsT CONGRESS-2d SEssIo .
SENATE w.su,YcroS. F

mendaton for It's indefinite pc oases, with a recon-
amendment to the Bill to est tponemen also with an
Justice OF the Eastern D. Ablsh the Office OF Associate
MI CHANDLER tk' strict of Texas
ment In the Washinr o. Michl IN correction OF a state
among the lnn' explained that he had been classed
repeatedly en ouists OF the currency when he had S
vote 10 nn ~ted that under circumstances would ne
dollar dollar ~te the currency TO the amount OF single
" 1us of Tonawands, N Y. for an approximation OF
1000 by the Government TO improve the harDor o aae n
ef Monroe County ~ y, for pensions to the WIDOWS "
appropriately referred
ate took up the b granting aid the Construc-
Iion OF railroad and telegraph line from Portland 10
Astoria and McMinville, in the State of Oregon a.,
M THURMAN Dem Ohio moved to-, TO TGGcmmit 5ns
to strike out the land grant contained therein He de-
Precatee the policy Of giving away the puoe noinS S ~
public lands would before long. by reason OF the rapid
growth Of wealth and population IN me west prove Ustg ~
them to sstga 1S S @ furnishing neces
ssry aid for the Improvement oi much Travelled secuo
The BIZ was then informally laid over.
the BALIMoRE ,;,s AND roToMAc % BAILw4r: B , eoo,o
on motion Of Mr. CAMERON Rep PENN m the senate e
the completion of lateral branch OF the Baltimore and
Potomac Railroad through the District OF m nsrm M
change Of the proposed route OF railroad from the
portion Of it was to be built and to extend tie time
He believed the road would be completed except small
tunneug near the termni would be difficult and would
Mr. MORRILL, rep, VT believed the bill to be an i'm
portant and desired time for It's further cOnsidera
Mr. TRUMBULL, rep lii from the Comsttee on
the Judiciary, reported with amendments Mr. stewards
laws. The bill as amended, is as follows:
ne osetd g. Ilst al persons Sa sn 'p ssos % % o. h, @
ever and Territory the United states to mse and enforce
tsoss, q AZ laws and for 9e e1q5y Of person and
pains penalties licenses and eIaeons Of every kind s9d
oostary noVsandug tax shall be imposed enforced
By ,9y S's upon any p'9 S sIs % @ soTs Of ,p7 law so ,
nance regulation shan subject to be subjected
cured protected 6 t act or different pains pen,
or race ,hsn IS prescribed @ ib punishment citizens.
pHnsbe by ne not exceeding $l Imprisonment not exceeding
'' ys' e s9 SI ~ s S s % I peo so the United State, in
their civil rights and furnish The means Of their passed
second sections thereof hereby and part this Act
The Currency bin then taken up, and the Senate
proceeded 20 consider the amendments to the bill re-
ported from the Committee of the Whole The amend
ments were then separately voted upon and adopted
Re- enacted de- That ssocoo in for circulation may
issued 10 the National Banking Associations in addition to the
ruey pledge Of United States bonds and provide for the
smount Of notes provided banking
than their proportion apporonmeri contemplated BY
provisions Of The Act to provide national currency secured by pledge
ereo approved March l8sa But apporonment The cir
based upon he census 1870.
& O of % resp % rT the amount OF eus notes Ded to SstoSs
BANKING urBg previous month whereupop
The Treasury shall redeem and retire amount Of e three
Jay IS 1865 les. the circulating
Temporary for redemption give the holders
By publication Oihsr Of said certificates,
which shall be designated By number date and amount sh eeas.
Gates 80 designated shall no longer be available any portion Of .
su %ooey reserve II possession % Of & any Sasaa Bank sad ,heI
shall cOuutd PartO the Of banking association
act any Banking located sr
& RIS & popoa I'll 'o99 & sS 70 s. s .Sa S Regulations Ss
we Controller % o. & s s0 s9 T Sf & ssS 0 o Ses % q 3 3
a be deducted from the amount Of new provided for
upon deposit Of United states bOaas bearing
manner prescribed the ig.n the
SoB uo msES the same circulating notes different
he % dS @ 5 @ In % notes SGi S bear P & ss zee s
. Of s Asso'son to M Tsel sfy are issued 3 70 pay @ 5 2 SpC1 S
United aud shall be deemabe upon such Presenaon such
SEC That every national banking association formed pro
outstanding circulation gold silver coin o.
s T poi ever, other such sakag S .tas d1e Of
payments shall be redeeuing its circulating notes gold silver
Thai association organize! for the purpose Of ':uDs
requirements Of the National Currency except the
log Associations to s9eooooO The Grs clause Of section % wheh,
BsstS Assoesuons organized in City Frsre,co
which requires National Banking Association
debts the notes other National Banking
qaf,@eais BANKING Associations herein provided
shall be held and construed to gold or silver coin Of the United
SIC That 70 secure better circulation National Banking
there be issued circulating poe to Banking Associations
bS tbe rro SS sb a. beIe6 .et forth and the c9.op this
herein provided from hanks organized States having circulation eI
eeedng provided entitled
entte1 provide National Banking Currency secured
Isds@PhoH ,lso sppfosd s, s@ogHi to Be- 50
Withdrawn shall exceed S2oOOOO The Controller Of the Cur
shall under the direction Of the Secretary Of the Treasury make
by accordance With section,
when circulation required make equson Tor such amount upon
such banks with the banks having circulation exceeding
Onethri Of their circulation 10 excess OF slONO and then
pIoeselIs RyS Ro Ta'a g.h ban, banks sAIg ing circulation s
ealsiion, and reducing be circulation Of banks States
the proportion in leaving uodsurbei the
see have been reduced to tb same grad and eoapuss thus to
reduction provided for by th act until the u Of twenty
millions provided for shall be wubdraSni and the circulation
withdrawn shall be distributed the States and Territories having
less thar their proportion aud quAIe the distribution Of such
act; aud upon the failure Of such bank to
The smOunt 50 required within ninety days hher SAD
sell public auction having twenty days notice IN
newspaper published Washington CT aud NewioTk City
the circulation Withdrawn from such bank and with proceeds
many the Of bank they Into the
balance banks; That circulation shall be with.
drawn from States having excess until after the OyhV millions
gTAbied IN the hrst section have been taken up.
Mr. MORTON rep, Ind) submitted an amendment,
in the nature of compromise TO fix the amount OF cur
rency authorized by the bill at A5,OOO0OO. and that
s2OOOOO instead Of sl3OOOOO0 be taken from the
States, leaving excess OF circulation after the other
had been exhausted The amendment was adopted.
A motion TO strike from the bill the fourth fifth, and
sections, which authorize banks a coin basis
was lost by "A tic vote-Yess, ~; Nays, 29
Various other amendments were voted down. and the
follows:
S%:r SSSS5 H.H. h.T,H' rS%i'F0y Pom s.sst9 sss3ss
BrosSos no~stl rIsa TI,ysr