The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1870-03-15
ON d R II . 9.
FORTy-FIRsT TERM-sECOND SESSION.


Senate.
On motion OF Mr.. Wilson, the House Joint resolu-
tion apprOpriatng to the widow of the late Edwin
N. Stanton sum equal to one years salary OF de-
ceased as Associate Justice OF the Supreme Court of
the United States, was taken from the table and
passed.
Mr. Sumner presented memorial for au appro-
priation to Wjlberforce University, near Xenia Ohio,
where admission is not denied to any account
Of race, color, etc.. also, for donation OF public
pha, representing that the tax on books is q tax
knowledge, and asking its repeal.
Mr.. Sherman, from the Finance Committee, re-
ported back the various propositions referred to
them In regard to an increase OF the currency which,
at his request, was laid on the table.
Mr.. Wilson introduced a bill to enable the Secre-
tary of War to revise the general regulations for the
government OF the army.
cary Committee to inquire and report to the Senate
the effect OF the fifteenth amendment to the Consti-
tuition upon the Indian tribes Of the country, whether
by the provisions thereof the Indians are not citi-
zens OF the United States, and whether thereby the
tribes are not annulled.
House.
Petitions were presented, as follows:-
by Mr Kelley Ra OF pilots s., and citizens Of
bill prohibiting the collection OF half plotage
BY Mr.. o'Neill, OF members OF the Philadelphia
Board Of Trade for the construction of harbor OF
refuge for vessels at Block Island.
Also, Of citizens OF Philadelphia in favor OF duties
on steel, as recommended in the Tariff bill
Mr. schenck Ohio, moved to refer the Funding
bill to the Committee OF Ways and Means.
Mr Garfield moved its reference to the Committee
ON Banking and Currency and stated the reasons
why that was the proper reference.
The bill proposed utterly to change and revolu-
tionze the whole National banking system OF the
United States and the whole currency system. 1t
did not propose to increase the public debt by
ment. It was not matter of Ways and means. IL
amounted to nothing in that direction except
changing the form OF United States securities. The
Committee Of Ways and Means had enough legti-
mate work it had charge OF the tariff and internal
revenue bills, etc. II this bill proposed to raise
money he would consider 1t should properly go 10 the
Committee OF Ways and Means, but it covered the
whole duties assigned to the Committee on Banking
and Currency. Two similar bills were already before
that Committee and the committee had passed seve-
raj weeks in considering the subject 1t was there
fore natural that the bill should go there.
Mr.. Niblack inquired of Mr.. Garfield whether
there was any reasonable prospect of the volume OF
the currency being increased at the present Con-
Mr.. Garfield did not consider 1t proper, nor did he
feel himself authorized, TO make any statement as
to what the Committee on Banking and Currency
proposed TO report, but would say that for two
weeks the committee had had under consideration
the specific point how best to meet the very general
demand, especially In the West and South, for
larged banking facilities, and the committee hoped
TO be able to report very soon on the subject.
loan te rat ~ mterest 70 and
necessarily connected with any proposition TO in
crease banking facilities. The two should neces-
utterly unable to report bill the subject that did
not include also the issue OF bonds at lower rate
OF interest which to base the entire banking acl
ltes OF the country. That much he could say with
ont any impropriety
Mr.. Niblack inquired as TO whether any
increased Issue OF currency would take the form or
national bank bills or of legal tender notes.
Mr.. Garfield replied that the resolution adopted In
the House on that subject did not specify which
form the increased issue should take, and therefore
the committee would leave the matter 10 be decided
by the House, making no reco Imendation ON that
point. t
was referred to the Committee on Ways and Means.
Mr.. Schenck stated the grounds on which he be-
lieved the bill should be referred TO the Committee
ofWays and Means. The main body OF the bill GER
tainly came within the jurisdiction OF that COM
mittee. There were but two sections which related
TO the business OF tho Banking Conmittee, and the
uestion before the House was simply whether the
tail OF bill should carry the body or Wnether tne
body should drag after the tall. The Dill was one
| that related, in It's whole object ana matter,
TO the public credit and the public
market, at what rates and in what FORM II ne might
| compare notes with his colleague as TO what had
been done outside OF the House, he would let his
colleague into knowledge OF facts tnat part ef
this very bill relating to the public credit had been
written by himself (Mr. Schenckl IN conference with
the Secretary OF the Treasury within the nrst week
! OF the session. tt l.s
He did not consider that that gave him any juris-
dction over the subject, but he certainly should not
have troubled himself with any or the matters con.
nected with the Funding bill II he had not expected
that subject would, In the course OF business, come
before the Committee OF Ways and Means
| Mr.. Judd, member of the Commttee on Banking
ana Currency argued in favor OF referring tne Dill TO
that committee. The entire basis OF Ine panKlng IN
terests OF the country was affected by the DILL 1t
did not provide for creating revenue or lot crea-
ting new debt but simply for an eXcnange OF new
securities Was there anything In that that required
the admitted knowledge and experience or the Com
mittee on Ways and Means at the expense OF the
Committee on Banking and Currency
The committee might as well be abolished II the
House took from 1t all the powers conferreduponit