Evening star., 1870-03-10
FORTY-FIRST CONGRESS.
This Afternoons Proceedings
THURSDAY, March 10.

SENATE.-Mr. Revels presented memorial
Of citizens of Mississippi, asking the abolition of
the franking privilege.
Mr.. Ferry offered resolution that the coz
sideration of any treaty for the annexation of
the entire dominion of any foreign power shall
take place in open session, and asked for its
pre- cent consideration; but Mr.. Sumner object d
and it went over; when Mr.. Ferry gave notice
that he should call it up tomorrow.
Mr. POmeroy called up the following report
from the Select Committee on the Revision OF
the Rules, which was adopted.
ks,oIred, That the following be adopted as a rule
Immediately after the privileged morning business
Is Of snd NOT asef tnaR
Guiding the unfinished business If the day previous
if here shal be no special orders for that tim III,
calender of general orders shall be taken MP and pro-
subject the calender and in such case the follow
IN motions shall be in order at any time priyil
to proceed to the consideration Of executive busi
ness, to wit l. 4 motion to pass over the pending
leave such subject in its existing place the calen
der Tor action at the ne xt call at the calender 2 A
notion to place such subject at the foot Of tho cslen
Both of these motions shall be decided without de
with all the rights of questions Of order '''
adding thereto tha following words: "Af5er fha in
PRODUCTION OF resolutions is completed there shall he
concurrent resolutions introduce I'd on any prior
and the same shall be proceeded with in the same
manner as is provided in the rule for the calendar If
general orders
Reso!red Jnrther. That all rules orders hereto
tore made setting apart particular days for particu
lar classes OF business be, and they hereby abo
Mr.. Anthony called up bill to incorporate the
National Bolivian Navigation Company; which
was read and passed over.
The Funding bill was then taken up, the
question being on the amendment of MIR. How
ard to amend the Sth section by providing that
any banking association may, on such terms AS
may be prescribed by the Secretary of the
Treasury, exchange its bonds now depOsited ne
security for bonds issued under this act.
Considerable discussion ensued on the sth sec
ton.
Mr.. Hamlin could not see what connection the
national banking system had with the funding
OF the national debt. There was no law, justic
or equity in The attempt to coerce the banks.
tie believed the proposition of the committee
end III commercial ruin. The Government, of
course, had the power to Obliterate the banks,
but was 1t wise to do this-tO break faith with
them? These banks should be treated just as
The amendment of Mr.. Howard was tlen re-
iected.
Mr.. Buckingham also held that much injustice
was done to the banks by the Sth section, and
advocated striking it out.
Mr.. Sherman denied that there was any inius-
tee contemplated towards the banks. He said
two hundred and fifty millions of the five-twenty
bonds were now practically redeemablc, The
banks had the most extensive privileges ever
given to any private corporations i'm the world
The banks would be very unwise TO maze any
issue on this point, and he should be verv much
surprised If they would not assist in reducing
the Interest on the debt.
HOUSE.-Mr. Stone (Md.) presented petition
OF Joseph Owens, of Maryland, soldier of the
war of 1s12, praying for pension. Referred to
the Committee on Pensions.
Mr. Sargent, (Cal,) from the Committee on
Appropriations, reported back the DILL to va
cate q certain Indian reservation in Oregon and
II was referred to the Committee on Indian AZ
fairs.
Mr. Julian Gnd.) asked, but failed TO obtain.
leave TO report from the Committee on Public
Lands bill to revoke all land grants heretofore
made to the New Orleans, Opelousas and Great
Western railroad.
The House then resumed the consideration Of
the bill pending Yesterday for an airline rail-
ROAD 70 New York; and Mr.. Swami (Md.) re-
snmed his speech, which was cut OFT yesterday
by the expiration of the morning hour. He
argued at lePgth against the right of Congress
to construct roads, and quoted precedents on
the subject. -.
When Mr. Swami had concluded. Mr.. Twich-
ell lMass.) moved that the further consideration
OF the bin be postponed for thirty days
Inc motion was rejected-yeas %, nays 81.
MIR. Loughbridge (fowa) then moved to amend
the bin so as to allow appeals to the District
made.
Pending further consideration, the morning
hour expired, and the bill went over until Tues
day next.
MIR. Logan I'll then called mp the bill re-
ported from the Military Committee for the re-
organization Of the Army, and lie proceeded to
state all the propositions submitted by the com
mittee in the bill. He showed the necessity OF
reduction, and quoted from laws passed since
the war to show that no reduction had taken
place, although great pretence was made in that
direction. He quoted from the custom of Eng.
land and France to that after war the policy
had always been one of reduction He made
before the late war, and showed the discrepancy
at this day. He showed that with our SINAI.
army we have a staff rank even equal to those
OF France and Russia with their immense
armies always on a war footing. Mr.. Logan
then explained how it was proposed to reduce
the army by reducing the staff corps, abolishlng
brevet rank, &c.