The sun. [volume] (New York [N.Y.]) 1833-1916, 1870-01-12
r8EsEcoSD SESSION ofzHE RoRry.
fTRsT CONG REss. III


Senate.
WASHINGTON, Jan. ll.-Mr. sunStR (Rep',
Mass) gave notice OF abnl to be introduced 70 an'
'horiHe the reminding and con'oioauon OF 'he ma
uonn aso' 'o-e1.end banking i"c'''''es' ana 70 e'
tabhsh specie payments
Mr.. rksroN utep, N. ~ in'roouceu reeoIuuon
,oaaes'ss ,r secre.%y o. %s n,g,, r' sr
'"s 9ons,e W. Ha"po " W M -,.., ~
,ns cr Of ,ss IT n,sS state. Win che
's, " -" -, =. ..un,, vo.soIs
~. ~ o.oh where mi, and Tho date Of the
roS,.,r,,,or o. ,uro,,nsn, Of syo forern built YES
sels t',.-0 -. 7Ill'.
Mr. CoRnETT Rep, OREGON called up the bill to
exempt canned and preserved Ash from internal tax
Mr. SULLIVAN dRep., Ohio, rcpor,ed-,he following
as substitute for all the various proportions re-
'''nf' 10 IN. NATIONAL cuannsr.
psNyd, e sSp sS:s and
str,SS 81 =, That $1,000 ss. m no xs
or \, ny ee ,Ss 90 Authorized by
ns melton Of s ssss s 9 ea sa
Bend, andt9 provide ic The SiTcgatos And redTnb
psey!asd nan YsnSlSs st.SS
and h.yns less hsn pre portion under
4, Smr mi - * s su Of
renew :ss.Tsd y pledge q USited states SoSd. ana
approved March 81 is But new spportionirent :Ss
gsde as soon as practicable based upon the census
Tia, q, the end Of each month st,er the ps.
sS q @ s 10 e s s s T e 81 ny T
a%Ss1s e %soHss ~
eenrenrv ~ the Tpee.nrv snail redeem and retire m
smount Of Ihe ShreS per cent, snpSrsry ieHn SeI, run
20, an s /. hsn | 81 oIs =,
tie preschSton OF such tenpo'ary loan sertitcates for
fcatmpton giye notctto me notegs thereof y pub
when sSs Sc dcsTsSstsS ~ nnsSsr ds,s amount
e 1esse 20 near interest IRON sad sf,er tse 9te 81
sna onser be available As any portion OF the Law
bank, and amer such notice no interest be paid
Of The reserve ofsny osntng sssoclsion.
800 Ina gpon 81 hteu ssases pone
The Tned states IN nc manner presoribcd IN the Io
md Snh sections on the yaiona On rrency act N sball
he lawful for Comptroller OF the Cnrfsncy TO issul
to The association makna the same circulating notes
equal b s%cus % ninety pSr esa,Sm Of The gold value
csninm 81 fheir as veine WHEN notes sna bsar nro
their lace The prS..s the ss.ocs,iOn % which they
tue associaton in gold OF silver coin Of the United
i "cS S CS h' be rsd'em'Oe upon such
SIC And BE- q Ilrthsr esdeted: That every nation;
Section 81 this act shsii al ali tmes keep on HAND not
caation IN gold or sser coin Of the United States and
shan receive a. par 10 ne payment o. debit he g9ld
line of sueh peyment sha Be redeeminT ~ eireuatinS
%
SIC s. Ind be II GnLler sndcied That every associ.
alton organized for hepurpoee of issuing gold hotee a.
provided In the preceding section, shall be subject to
AZ tne rciurem.ns ana ptovisions OF ,he
tSh,ch n,, IN. @ ~ hsnt,nS
SsSociatiops to $500 oco,o the nrst clause OF
\ section 81, which, taken IN connection with
| the preceding section, would require nationn
banking associations organized in the city OF san Fran
c,So 70 r.aesn Sher SrSnang noss pa t Us
Scb rco,.s % hanInr ~ oca,inn ~
receive In payment 81 debts The notes OF every other
national banking association at par. Provided that in
rp0u of said act
60 the banking associations herein provided for the
tsrns swni money AM swul money Of me uhteo
s,lxcp con ~ 9Ss IYni,sd W "oA" sou VI
~ wiz " Wv ~
ruE VIRGINIA BILL
,y.s again ,,l.n nm tho ,pes,ion b.,ns nm tho mo-
| tion OF Mr., Wilson to postpone. debate ensued
petween messrs sumner, s,e%aI'; Liu mi h i
inv, u ~ VI. y. uo ~ nv
s,'1 ., "a @ ~, on v h ~ S.n ,is, ;h rn
pos..oI1 ~, on so ons ,u uei5 va, vi. o
quos' ., sne Sonor rom n ~, ,or aess
nusn. n. onnS ''e " s'ou "''"' anu "Po'
|