Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1870-02-03
CONGRESSIONAL.
SENATE.

j SENATE
| WASHINGTON. Feb. 2.-Mr. Ferry intro
duced resolution providing for the print
ing of copies of the charter Of the harbol
of SANTANA, for the use of the Senate, which
was agreed to.
The Judiciary. r
Mr.. Carpenter, from the Committee on
Judiciary, reported bill in regard to the
resignation of Judges in certain cases, with
a recommendation for its indefinite post
ponement, with an amendment to the bill
TO establish the Office of Associate Judge
for the Eastern District of Texas.
The Currency BILL H
The currency bill was then taken up,
and the Senate proceeded to consider the
amendments reported from the Committee,
| and the whole action was taken on all of
them. Messrs. Howe and Salisbury of
! fered amendments which was rejected, the
Dill finally passed-yeas 80; nays %.
The bill provides, as follows:
Sec. l. That $45, 10000 be issued to
National Banks in addition to the $780,
the new issue to belimited to States and
territories not having their proportion
under the apportionment of act of March
Os lOfo, duu tIldt ne"
shall be made on census of 1870.
Sec. 2. That the Comptroller shall re-
port each month the amount of notes is
sued, and the Secretary retire an equal or
not less amount of per cent. certificates,
and may give notice that these designated
certificates shall cease to bear interest,
and be no longer available as reserve
fund. -- s -
No,,,o. a.. IA
seems to provide for retiring or relocating
the surplusage of banks in States holding
excess, but forbids amounts SO disposed Of
being deducted from new issue.
Sec. 4. That national banks may be es-
tablished, with circulation redeemable in
gold or silver.
Sec. 5 Provides that such banks shall
hold coin to the amount of not less than
20 per cent of circulation.
Sec. 6 imposes on such banks all the re-
strictions of the National Bank law except
sec. %, limiting circulation, and sec 81,
whish is hereby so modified that the terms
lawful money" is construed to mean gold
and silver coin of the United States.
Sec. prescribes the details for with
drawing surplusage of certain States SO as
to equalize distribution, said withdrawal
not to begin till the present issue of So
600, 900 be exhausted.
Census and Navy
The census bill was taken up and laid
over, In order that the bill to authorize the
Secretary of the Navy to transfer to the
Bureau Of Construction and Repairs of
Steam Engineering, certain unappropriated
balances to the credit of other bureaus
MIR. Trumbul objected, and spoke
against such transfer r.
The bill was then laid aside.
Neutrality.
Mr.. Howe on leave addressed the Senate
in support of bill recently introduced by
him, more efectually TO preserve the neu-
trail relations of the United States. The
bill repeats certain sections of the act of
1918, which forbids hiring of an American
citizen to enlist in foreign army, or his
going abroad for that purpose, and prohib-
its American ship builders from being con-
oerned in building, fitting out or equipping
vessels designed to cruise against any for |
eign power with whom we are at peace
Mr.. Conkling desired to call up the
census bill, and considerable discussion
followed upon the proper course of pro-
ceedure, but without coming to an under |
on the subject, the Senate at 5:15 |
adjourned.