New-York tribune., 1870-01-12
YTJsT CONGRESS-2D SESSION.
SENATE. -. WASHINGTON. Jan. H.

SENATE. WASHINGTON. Jan H.
p,,i,;o,s were presented for steam communi-
cation with China and that the mission to emma pe 'uo
q frat class mission; and against renewal Oh o0i''
engine patent ,,,.u.
FUNDING THE NATIONAL pEBr.
a., sr-NfSER 12ep MassJ gave notice of bill to De
introduced TO authorize the refundng and conSohu"on
ffbc national debt TO extend banking achues' anu "
ctsbnsh speG n i%S Wis introduced bill effect,
tIly to preserve the neutral relations Oh 'hc OD''
s'~to'p PIP ATT en Ind) introduced bin giving to inc
s,ato Courts concurrent jurisdiction with the DSu,
urs OF the United States In cases OF
I'D forts upon the nayigabe rivers auu "''0i' ~
he ebb and flow Of the tides. go, l.. -o,o,io, 20
br RICE rep, Ark called up the ol III In vas
,,o Hot Springs Reservation IN Arkansas' ""''" ""'
smerdcd ana passed. ,o.o,rton
Nr ENToN REP n o n1 pensGTy TO report to the
senate the number Of foregnb9iit vessels Of tbe
wen registered now employ ca ~ S @ vcSsHs whether
United states, with the names OF euCn b Va mere
,tam or sailing vessels the tunnage OF eaeh hS MhtiS
.whorzed the registration or enroineh'o VI s"'"
"t LcSseITso Rep Ial called MP the Joint resolu
ti 10 rxtend the limits OF the port oil ehu! VI 4o"
ogon, ,GTPRFT TSF T hen oregon) called mp the bill to
cIrmrt canned and preserved fish from lh'erh" ''N'
""!," was vas IeSTIS ITIGT, c1-gRTxcY on GOLD BASIS
Nr SHERMAN Rep., Omo), from the committee t on On
Finance, reported as SUBSTITUTE iol loV a." v, the mi
propositions relating TO tine n"'lon"i '"'''">''
R % proriae National Of coin Hot'' and 70 ''"''
SyvL b, L enacted fc. That fortyeys millions o. dollar dollars
IN % m circuacn be issued to National bs1hoE S % SS
t 20 ibe hundred millions Of dollars auiloS o, ~,
M " IT9y5I ,o5 T05 , tSe SeS tIsSoS and redemption
o Improved june 1904; sud the smount Of NOES 80
% .ie. and Territories having less hsn tbs, rTr.Ieo gns
G amcu contemplated by tie provisions Of the ACT 70 % anfs5
~ T a. provide national currency, secured ty pledge Of s II
t and provide for The cremation auo e IN IN he made as
,o rr,c,cste based upon the census Of 1870 -, II
~ the end o. each month aeL the rassage & % @ bs Sec
@ w e ayt' Q. voc t Of ,rpsi6s notes issued National
be
Is,u shall redeem and retire an Snol9t % Wb S la and nv
E M ess bsn the Of circulating notes so reported ana
Dr. r % rdembton give notice holders thereof
b. publication otherwise that certain Of 'sl @ GeoI cf
81 a snd date Of such Iouei and tns lus M &
re ia Tie possession any natoaal bank 9d aaeT saes 6 ro
, ,.a psrt ofthr reserve Of any banking association
ssa That upon TIE deposit Of auy United Staes H he
oer prescribed The l9h @ sno 3a ,fOD % T % CT.py 10 issue
81 ,e a,orou making the ssme circulating nos o. Glsnt @ @ S
pulu. than I've dollars sqga a amount to " per IS5 1
. value Of he bonds deposited Ppt no' @ eISeT % @ 5s
IF hdr value which notes & ,1s esI ogI Ds % % @ oB ple
and s be TedeemaJe upon presentation in such
S ltsH ter enacted That eve National BANKING Nm A. A'.Gi 10
not less ban 25 per ceuum Gifts outstanding ceula
snt Of debts The rod notes every other banking ssso5A
Vb the time Of such payment s9'i be redesm0g It's ee0A
Ssc Ind fri eraed That every association org'nied
30 ~ h. bsI 10 an the requirements aud provisions Of the Ma
r,B Of national bSuk1g associations TO S3o'F' he trs'
Of section q which, taken connection Win the lIeeelbR sec
. ~ relure national banking associations organized 10 tie CITY OF
san russco to redeem circulating notes Al par IN tie city Of
NYrk and the last Of section g. which requires every na
a ,-t1 receive IN payment OF debts me uoles OF
~ other national banking association SO pr0de1 at 10 apply
m M r- sons and requirements of sid the banking a'socis
% herein proed for the lawful Aud lawful money Of
m ~ states shall be held construed gold or silver eon
Jftls Iu.cd States
TIE VIRGINIA BILL.
rpoD the expiration of the morning hour the Virginia
l was again taken up, the question being upon the mo-
tlon of MF Wilson Rep. Mass to postpone debate
rsucd Tor consideration before taking action on the
question. The position assumed on the one hand beng
bat he request OF the Senator from Massachusetts Tor
iray shoud Je conceded If made in good faith, and
upon personal grounds but, Otherwise no reason had
lrcf for longer delay In definite action upon the
Omission of Virginia On the other hand, the postpone
lrrt s not asked for personal considerations but in
order 10 afford an opportunity Of presenting certain In
formation concerning the condition of affairs IN Virginia
The question being put upon the motion TO POSTPONE
the bill the motion not agreed to cas- 20 nays
o. The following Is the vote IN detail: