The New York herald., 1870-03-09

n .! sne United States, NJ 0us arm er equIP o soMP.
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.s :ssspsS g s's
:aSdasS xman Ss'n's Staining NO
x: Unite. for any s ssa Win 4:
intent ssi -: :npieysa sfoIs:sid
a e n no
$1,000 and Imprisoned for period not s1cssding two year,
s:a ~ .Ss q:
materials arms a%mani;ion and "a stores which may have
norn'
where snip Or vessel shall bs sd Out, armed or equipped
S
pove,sd @ for employ the land o. % naval
The mi. q :Ss United ssts. r any part thereof for
ship or weasel.
REGULATING THE coAsrINa TRADE
MT CnASDaEE Gep r,sd 81 Mich; from the Commit
bill to regulate the foreign and coasting trade the
northern northeastern and northwestern frontiers
vides that masters OF enrolled and licensed vessels
engaged In the said trade shall make oath to dupl
cate man,ests a n ana after obtaining clearance Keep
discharged at intermediate American ports, where
they may touch without being required to report the
OF the cargo is completed After touching at place in
collection district where there Ia no custom house,
reports shall be made In the same manner at the
next port where there ID proper customs Ollcer.
The ABOVE provislons, however, do not apply to
vessels with cargo or passengers from any foreign
port, which must comply with The existing laws be-
fore discharginR or lading the same. Steamtugs
employed In said trade shall not be required TO re-
port and clear at the custom house except when
towing rats or vessels not enrolled. The bill pre-
gcrlDes new schedule Of fees be collected from
the masters and owners Of vessels engaged In the
said trade and provides penalties for violating its
provisions.
ADJUSTMENT OF CLAIMS OF SOUTHERN LoYALIsrs.
G ns Of g. S
claims OF Southern loyaliss for stores furnished to
the army. by commission OF three, to be organized
by the President, all CLAIMS to be presented within
TWO and those found to be just and legal to be
satisfied IN land scrip the rate OF 81 26 per
Referred to the Committee on Claims
HOMESrEADS FOR FREEDMEN
MT KELLOGG. Tep.l OF La, introduced bill In aid
OF the freedmen anu for the purpose OF sub dividing
tracts for homesteads for the coored Referred
TO the Committee ON Public Lands
SALES Or GOLD IN THE TREASURY.
Mr.. FOWLER (repo of Tenn submitted the follow
Ing resolution, which was laid over under opjec.
tiOn:-
Resolved n That y .pparsn. .nss III: ssrTsnsy and
specie bas the Finance Communities DO instcsed report
surplus gold in the treasury without delay 20 = 10
to the government the premium thereon
IMPROVEMENT OF THE DELAWARE RIVER.
Mr.. STOCKTON, tdem.l OF N. j.. submitted res0lu-
tion requesting the Secretary OF War to detail an
engineer 70 examine into the cxpedlency and proba-
Trenton and ut certain points between Trenton and
Bordentown, and South river between Old Bridge
BILLS INTRODUCED AND REFERRED.
BY Mr. WILLIAMS, lrep) Of Oregon-A Joint reso-
luton Tor the redemption OF the legal tender notes
Of the United States. 1t provides that from and
after the passage OF the resolution oil payments to
the United States on account of duties on imports
may be made to the amount OF one half OF each pay
ent In the legal tender notes Of the United States
Referred to the Committee on Finance.
BY Mr.. WILSON, trep.l Of Mass.-To promote the
rights OF citizenship; providing for the appointment
Of five civilians, wno with the secretary Of the In
terlor and Commissioner Of Indian Anairs shall CON
sttute board the Secretary acting as its president,
for the protection Of friendly Indians and to pro-
mote their civilization. The board shall supervise
all expenditures, visit the various tribes examine
their condition ana the conduct OF the superln-
tendents agents and all persons appointed or
permitted to live among them. II shall be medium
Of corresponding between the governments and the
Indians concerning treaties contracts, &c. Tue
board may remove any person In the Indian service
when the interests OF the United STATES any the
tribes seem 20 require It, upon reporting the Iacts
the President through the Secretary OF the INTERIOR
IL may also devise necessary codes and regulations
and treaties. It shall also examine all claims IN
favor Of or against the lndlans also all their CON-
plants against any olncer OF the government aud
eject any person whose presence may be deemed
detrimental to good morals with power to Gail on
the nearest military post for AID II shall Also assist
in locating them farms, melting them to selfsup
port and Inspiring them with confidence In the kind
Intentions aud good latin OF the government Of the
Tabled and ordered to be printed.
Mr.. WILSON also introduced bill for the tempo
rary relief OF the poor Of the District OF Columbia,
which was referred to the Committee on the district
THE AFRICAN SLAVE TRADE.
The resolution previously offered by Mr.. Wilson
To the slave trade ON the African coast was taken
from the table and passed.
SPECIAL COMMITrEE ON INDIAN AFFAIRS.
Mr.. HARLAN, lrep.) CT Iowa, called up the House
JOINT resolution appointing special committee on
Indian affairs In general, and moved TO amend 30 as
to make the committee consist OF tive members
from each house. Discussion ensucd rs TO whether
the committee should be joint or special Tor each
house. The discussion OF the bill was laid over.
THE FUNDING BILL
was then taken up the question being upon the
amendment offered BY Mr.. Corbett to strike out the
fifth section making the interest on bonds payable
at the United States Treasury ana in the cities OF
London, Paris, Berlin, Amsterdam and Frankfort.
Mr.. SHERMAN, rep.l OF ONO in reply to the stale-
ment which he said mad gone broadcast through the
press OF the country that the one per cenum allowed
TO negotiate the loan was vast ruptiOn und OF
twelve millions Of dollars, referred TO the difficulties
III the way of the undertaking, which were greater
than those attending the negotiation OF the previous
loans. The present requirement. upon the Secretary
OF The Treasury TO sell these bonds at In gold had
not applied in other cases, former loans were dis
posed OF on the best terms available. Mr.. Sherman
then forwarded to the Clerk ana had read a letter
from the secretary OF the Treasury In response to
his own inquring whether the bonds could not be
negotiated at less rate. The letter asserts the
Secretary's inability 10 estimate accurately the
probable expense OF negotiating tne proposed
loan and preparing ana Issuing the same In
the United States and Europe, but he niInIy
believes one per cent would exceed the aggre-
gate charges. He holds to the belief tnat
inc proposition 10 impose the work OF negotia-
ton upon the Treasury Department exclusively
would prevenG the department from negotiating a
new loan. large amount OF our ponds were neld in
Europe, and the holders could only be reached
through bankers OF influence III those countries and
these 1t would, ne believed, be necessary 10 employ
to negotiate the loan at at a small commission Mr..
Sherman continued, contrasting the proposed ex-
pense with the cost OF agencies for former loare.
The first nyetwenty loan cost us tnree eighths
per cent the second by Mr.. Fessenden In 1864,
three-lourtns OF one per cent so far az the loan
might be absorbed by our own wants the Secretary
would, perhaps, be able to dispense with all kinds OF
domestic agencies, but II must he remembered that
one thousand millions OF our b0nGs were held III
Europe therefore the necessity Of foreign agencies
Several additional letters wefe read at the sugges-
ton Of MIR. Sherman. One was from The United
States Consul at Amsterdam. representing that the
rece Prussian loan had that government about
ywo ana One-baf per cent. Another WAS from
the secretary Of the Treasury, to the enect
that Onc-half OF one per cent might be
sufcient to cover the whole EXPENSE but n one per
cent was allowed to remain the Cost would not be
Increased. Mr. Sherman maintained thai the one per
cent provision should retained; tnat all necessary
discretion be given to the Secretary In view OF the
- vvta, hnf