New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1870-01-28
XLIsr CONGRESS-2D SESSION.
SENATE. .wAsnNGros. Jan. 27, 1870.


SENATE .wAsHINGToy. Jan. 81, 1870
Petitions were presented by several Senators
Mr. FENTON (Rep, y. ID presented petition from
e trustees OF the Seanans Fund and Retreat OF New
York asking for Congressional action adequate
provisions by the United States State Government for
the support OF sick and disabled seamon arriving at the
rO'' y, coitrCTo%s FROM GOVERNMENT OFFICIALS.
Rcrenehmcut reported favoraby the House JOINT reSo
luton prohelung assessments upon OF
subordinate officials TO make presents 10 ther superior
TmE SAN FRANCISCO WHISKY SEIZURE.
on motion OF Mr. HAMIIN Rep, Me-, the resolution
relating the Of distilled spirits in san Francisco
MIR. COLE rep. CALI favored the reference of the
subject 10 a committee, rcmaTkng that vote upon aus
indefinite postponement would be regarded Oy some us
test Of the power Of the whisky interest.
The subject then indefinitely postponed upon
The hin to establish port of delivery at Omaha Neo'
"''' vIRGISS RDMIrTEp TO REPRESENTATION.
The Vice President communicated TO the senate the
fact that the President had signed the Virginia hill.
Mr.. FOREMAN rep, W. Yal said enc of the Senators
elect from Virginia John +. Lewis, was present. ana
moved tnat he be qualified
The credentials Of Jonn f. Lewis and John W Johnson
Senators elect from Virginia were then read; when MT
oath OF oihce administered by the Chair
TIE CURRENCY BILL . .,
The Currency I'LL was then taken up, and Mr.. HOWE
KeP Wis., reviewed the various propositions snggesTed d
by the senators VINO pad spoken IN ths aiscuso' ne
Senator from ono SHERMAN belleVeu S4oVVo I az I'D
TO be sufficient The Senator from Indiana Nor
nom Massachusetts Sumuer believed $2OO00OcOO would
he about right. lie might pertnently ask each
II How Sg' Sid thew know c these would be ali
that were necessafy Why not take off all restriction
invest in bankingi our currency would not be endan
gercd taken that class OF paper should he
retired fast another came into use The objection
this based upon the supposiuon that the people
swor to that was that the good OF the people would
give preference 10 the best circulation, ana
Ibat wdnld be the one most readily convertible into
sulU -
accomplished, Congress should at least start out on he
road That would reachtoit As Western man. he asked
that the West should have the banking facilities which
they needed OF which they were deprived 10y the present
Mr. MORRILL, Rep, w sand there was scarcely
member OF the seate who either olciaiy' or III M I
waite capacity, dd not suppose h'lnseI 10 De goo1 Hhd
rr, and therefore seats were generally vacated when
10 induce onchaf the surrender their pet theo
res to the other half; but compromise was necessary
The assertion that North Eastern banks had derived
an undue advantage in the disposition of the present
me circumstances under which the present
system adopted should not be forgotten. II was
adopted as a way measure the only means 10 sustain
the credit OF the nati"n The law authorizing went SO
far as TO impose upon the New -Llsauu anu NGM ipaK
come INTO the system The West declined 10 avail
itself OF the system and the SOUTH owing war
nor in condition to avail itself Of the banking privileges
II should be made reprOaCh upon the loyal
States that law making the present distribution was
then accepted He would support the proposition
presented by the committee Tor SjO0O on account OF
any present increase Of that amount
Nlr. MORTON rep, Ind said the proposition TO limit
the increase SjOOOO the ground that this amount
would satisfy the South and West for year or two was
rOufcssedly halfway measure. He would rather have
Congress grant much than too little and therefore
proposed the OF SG5OO0O0 II this was not all
AIKEN no harm would result The States Of New-lorR.
Pennsylvania. Delaware, and MARYLAND, with little
onefouth Of the population had s42OOOOOO out OF
The entire amount Of SO0OO00O OF circulating notes Inc
other States having nearly threefOurths Of the pOpua-
ton had than $5SOOOOOO Under the provision Of the
bill for the Of notes, the banks which might be
established of the Rocky Mountains would he be-
Ieved. be used for gold gambling purposes Referring to
The Pacific States for whose benefit he said, the bill was
chiefly designed he said that financially they had been
uufrendy the credit of the United States having uni
formy rejected our currency, preferTng to adhere TO
gOld and silver.
Mr CORBETT Rep., oregon explained that in the
Pacific States, after the premium gold had advanced
difficult TO establish banking system under
The National Currency act. There but one bank III
HE State OF OregOn-tRat at Portandwhich issued
national bank note This condition Of things was attrlb
utable coin circulation, and not 10 any uurlendy
feeling toward the Government currency.
MI CAMERON rep. PENN moved 10 adjourn after an
Intellectual effort by MessIs. DRAKE rep, MOI aud
SHERMAN Rep Ohio to secure an understanding that
a vote would be taken tomorrow friday The motion
was agreed to, aud the Senate adjourned.