The New York herald., 1870-06-09
HOUSE OF Rzp2zsxxrArrvEs.
WASHINGTON, June s, 1870.

ouJOuIucu.
HOUSE OF REpREgKNTATIvEs.
WASHINGTON, June s, 1870.
BILLS INTRODUCED.
Mr SARGENT. (rep.l Of CAL, introduced o bill to
amend the act OF May 80, 1865, for the survey and
sale OF public lands by providing that money de-
posted for survey shall be credited ~ part payment
for the lands. Passed.
Mr. McCRARY, Tep. OF Iowa, introduced q joint
resolution authorizing the Secretary OF War trans
Ter 10 Keokuk, Iowa, condemned ordnance for the
ornamsntatlon Of soldiers monument. Passed.
Mr.. NEGLEY, lrep.l of Pa, introduced bill in re.
laws OF the United States Referred.
Mr. s.vvve osb sItts ,HSR9RXEn; XN ~. cor,,,,,,.o
on Commerce, reported back the Senate b 70 estGn
lish the collection district OF willamette, Oregon.
Mr.. KERR, ldem.l OF Ind, from the Judiciary CON-
additional terms OF the District and Circuit Courts
Of the United states In Michigan. Passed.
MT, hay, rep, OF n, from the Committee on In
valid Pensions, reported bill TO amend the supple
mentary Pension act oil July l6 1855, by providing
that persons who lost the sight OF both eyes, both
hands or both feet In the service. disabled
as to require permanent aid or the attendance OF
other persons, shal be PAID OF pension from
the passage OF that act to the date OF their disability
Passed.
CANNON FOR SOLDIERS MONUMENT.
Mr.. pAisE: gepl OF Wis; Intro luced resolution
tional Asylum for Disabled Soldiers In Milwaukee,
Wis., six pieces Of condemned ordnance, TO be placed
IN the Soldiers Cemetery there. Passed
ARTIFICIAL LlMBs FOR DISABLED SOLDIERS.
IN Mr: .,L MEG,LEY, iroa me conference committee on
made report which was agreed to.
QUESTION OF PRIVILEGE.
MT; FITCH, rep 81 New rising TO a question OF
artcie rom the Washington star summarizing
recent correspondence In the New York Epeni,0
Post impicatng him in the matter OF the proiessed
n nj ba m ul.ln nnnI
and stated that SO far as he concerned, 1t was
an unIntigated falsehood and the author or it a
wicked and cowardly liar. He called upon the
chairman OF the subcommittee which had been In
vestgating the subject to state whether any evi-
dence nad been presented tending to implicae him
Mr.. BUTLER, tfep) OF Mass, chairman OF the sub
committee, said that 1t was a pleasure for him to
say that there was no evidence whatever TO impli-
cate the gentleman from Nevada IN any improper
transaction in relation to CUBA or anything else.
Mr.. FITCH added that he did not know and never
met the alleged agent in the transaction IN 3. ray
lori and had never met or conversed with anybody
connected with the Cuban Junta or with the move
ment for Cuban independence until after he had
made speech In the House In favor OF the motion.
After which he had been called upon by some gen.
tlenen who thanked him for the words he had said.
No man who had called on him had insuted him by
tntmatng that in the event OF the success Of that
movement he should expect anything but their graf.
tude and regard. The purpose of the lie was as OBJ
vious as the lie ITSELF IN lew days the house was
to act on the question whether not Spain was TO
be helped to crush Cuba, and it had been perhaps
conJectured by members OF the Spanish embassy
that II such ISLANDERS could be circulated against
such members some gentlemen might bea afraid
10 express tller actual sentiments on the subject.
SO they went TO the cost OF dinner or OF five dol
lar bill to somebody To send out the first note of
yelping in chorus next Monday. SO far as his own
action was concerned he would deem himself recre-
ant to his duties and his manhood II lie allowed
the cry OF pack OF hungry coyotes to swerve him
al any time from speaking what his tongue had to
say IN beiar OF people struggling for liberty. The
House then resumed consideration or
THE CURRENCY gILL.
Mr.. INGERs0LL, tTepl OF ILL.,, who was entitled to
the n0or, expressed his regret that the House had
most important measure that Congress could discuss.
He suggested that the hour debate continue to-day
and that Tomorrow the debate be confined 10 fifteen
minute speeches.
Mr.. DAWES, lrep) Of Mass, objected, and stated
that at the session last evening, wnen he came into
the hall, there were out two members present, the
gentleman WHO was speaking and the gentleman
who had charge OF the Oil fMr. Garield SO little III
terest did members manifest.
Mr. INGERsOLL then proceeded with his remarks,
replying TO the arguments OF Mr. Carried, aud con-
tended that IL was public confidence, not gold and
silver, that formed the true basis OF paper money.
He advocated an Increase OF the circulating medium
laying 1t down as an axiom that the nation which
used the most circulating medium was the nation
which furnished the greatest evidence OF ma
tlOEal prosperity and progressive civilization.
When Rome was at It's height OF glory and great
ness II had gold circulating medium OF
81, 700 0oo, and with the failure OF the Spanish
gold mines began the decline OF the Roman empire
lie ridIcued the idea OF the United States resuinlnR
specie payments predicting that IL would result n,
national ruin and bankruptcy. 1t was easy Tor
Great Britain TO maintain specie payments with u
circulating medium OF $400,00O,0OO In gold and an
annual income or Sl4U 600 in gold from nations
whose debts she held. He protested against resum-
ing spece o6 I Whe Iae country was debtor
$2O0,O0O,000. He declared that the idea of specie
payment was deusion, q cheat ana fraud, and
Always had been, and he hoped that the people of
the United States would 10 1t that 10 state bank
or private bank should ever be organized on specie
basis.
Mr.. ALLISON, rep.) OF Iowa, offered an amendment
reducing the proposed new Issue from nineyiv TO
ntyhve millions
MIR. RANDALL, (dem) OF Pa, argued that this was
not the time for pressing the bill, and said that he
would move to postpone II. He explained and ad-
vocated an amendment which he had offered autho-
riZng an issue OF three hundred millions IN green
backs, and the redemption and cancellation of an
equal amount Of national bank notes, with prOni-
Re fpK e 81 s
be all greenbacks, and If IL had specie payments
would have been reached before this time. He
therefore slrenu0usly urged the adoption, in whole
OF the greenback medium.
Mr.. BURcHARD, lrep.) OF ILL.,, moved to amend by
inserting an additional amendment requiring the
national banks to Keep, ~ coin or IN the Treasury
coin certificates, the interest falling due 6i Ihh
bonds deposited In the Treasury 1fiil the reserve
required Y pc Kept shall consist wholly OF coin and
Mr.. CoBURN tfcb.), OF Ind thought that this was
not the time for any radical changes In the currency
All that was asked was an increase OF the currency
so as to supply fair distribution OF 1t to those sec
ti0ns OF the country that are at present destitute
that respect. The distribution should be on the
basis OF population. He argued that the first sec
ton of the bill did not actually increase the circula
tlon s96, 900 900 but only $500 600. That
ing to popularity In the Banking law He declared
that no more radical measure OF contraction could
possibly be adopted than the pending bill, and
therefore 1t could never obtain his assent His pro-
position to redstrbute $50 900 900 andlto sue
s4,o0O0oo OF greenbacks in place OF the three per
cent certificates now used as the reserve In the
banks. This would save the government $3.50, 900
year. He favored the adoption Of the first section
Of the bill without any OF the succeeding sections
and then the increase Of circulation would be only
S57 000 000 and then the South and West would still
have less circulation than before the war.
MI HoTCHKiss, rep) of n Y, said that the COM
mittee had had a critical duty to perform, and he
would not find fault with the mode In which that
duty was performed. He was opposed, however, to
the section for an issue Of four and q
half per cent bonds. 1t had no business
In Currency BILL and was calculated to
antagonize with the Funding bill reported from the
Committee on Ways and Means. He opposed the
sections authorizing the establishment Of national
banks to issue specie payment notes. regarding IL as
an approach TO resumption. He believed That the
currency wants OF the West could not be met with
out encroaching on the East. The substance of hts
views was that the country must have free banking
system, untrammelled by restrictions and only made
safe. There was no more danger OF redundant cur