New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1870-05-18
WASHINGTON.
FREE BANKING ON A GOLD BAsIS-ISTERNAL
REVENUE RECEIPTS-PROBABLE POSTPONE
MENT OF TIE CHINA TELEGRAPH CABLE
SCUEMF-GENERAL AMNESTY DEBATE IN
THE sENATE-THE ADHESION OF GEORGIA.

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The Banking and Currency Committee, this morning,
agreed to report the House the bin providing for $685.
100000 additional National Bank circulation for the can
collation. OF $4,000 OF per cent bonds and SO000O OF
rcenbacks and providing for free banking system on
gold basis This is precisely the same as the bill orig
inay reported by Gen. Garfield. All amendments
offered were voted down.
To prevent national banks from disc0ntinuancr with
out Withdrawing their circulation, and at tue same
time receiving interest from the Government on the
bonds deposited security, the Banking and Currency
Committee have decided to present bill TO tho House
giving the banks sixty days In which To withdraw their
circulation and return 1t to the Treasury and at the ex
praton Of that time to discontinue the interest This
will prevent the banks from securing the interest and
avoiding taxes.
The Internal Revenue Bureau has prepared state
showing the recepts from internal taxation for the
year ending at the present time, as follows;
Spirits .......... so 6,O79 81 Incomes, incluL-
Tobacco 3O957s q ing salaries. .s37 o25 Sls 10
Sales sS05,75O 10 Gas 2Z1,tLo 81
Net profits from stamps sl5,76s,557 a
Revenue matters discussed by the Senate Finance
Committee to-day. The measure reported by Gen.
schenck from the Ways and Means talked over and
criticised. The bill reported by the Committee two
weeks ago provides for reduction Of internal taxation
OF about $40 OoO0 The House measure makes reduc-
only s3O00Oo 1t is proposed to harmonic these
differences, and concurrent action as speedily AZ
possible
meeting to-day, resumed the reconsideration Of the
propositions submitted by Cyrus w. Field asking aid OF
the Government to lay cable TO China. The Committee
having declined to grant land the next proposition Is TO
allow $4,000 per for 20 years 1t is understood
that the Committee look upon this demand excessive
and nasmuch Mr. Field maintains that it cannot be
constructed for less sum- it Is very probable that the
matter will be indefinitely postponed for the present.
Persons interested in securing the laying OF the
Belgian Cable to connect with this country were before
the Committee for the purpose Of securing legislation
which will permit them to land said cable in the State OF
New-Jersey. In connection with this subject the Com
mittee informed that the profits received by the
present companies at the rates now charged were
enormous; therefore il in the interest of the Gov
eminent to allow many cables to land on this CONT
nent wished to do in order that teegraphing may
be cheapened The matter is still under consideration
The Senate to-day, ordered evening session for to
morrow, in order to give Mr.. Cragin opportunity to
discuss the question of poygamy in Utah. In connection
with the bill pending on that subject. The Fiji
teenth Amendment bill occupied most of the session
to-day One of the most interesting debates that the
Senate has listened for long time occurred the
policy of a General Amnesty Mr.. Ferry made most
powerful argument in its support coutcnding that not
only wise craftsmanship, but the interests of the con
try and of the Republican party, demanded it,
When he concluded, he congratulated by
such Senators Messrs. Trumbul Schurz, Conkling,
and Carpenter. Mr. Sawyer ably seconded Mr.. Ferry,
arguing fourfths of the Republicans OF the
try with them Mr.. Revels expressed the opinion
that the time had arrived when general amnesty could
be proclaimed in Mississippi. Messrs. Morton and Drake
argued strongly in opposition to any general amnesty
aud Mr. Abbott characterized the arguments OF Messrs
Ferry and sawyer "miscrabe fallacies." Messrs.
Drake and Morton eemed TO have great fears lest JEFF
Davis might get back to the Senate. There was some
disposition to take up the bill the subject,
but this strongly opposed by Messrs Edmunds and
Stewart. No final action was taken.
In the House to-day there great deal OF talk and
little work. Fernando Wood and Gen. Washburn con
sumed nearly two hours In discussing the decline Of
American The Naval Appropriation bill
acrward taken up and occupied the remainder of the
days session. The bill will be passed tomorrow
The Reconstruction Committee to-day agreed to re-
port bill for the admission OF Georgia, which is identi
cal with the bill under which Virginia was admitted,
with an additional clause allowing the organization Of
militia force in the state This bill is virtually victory
for the Gov Bullock party although it is silent as TO the
period Of time the officers Of the present State Govern
mept shall hold their Offices That is left to the State
Courts to decide. Mcssrs. Bingham and Fainsworth
have prepared substitute, compelling the election OF
new Legislature next Fall A close vote Is anticipated.
The Senate Committee Printing have definitely
decided the proposition submitted by the Commits
soner of the General Land Office to print for circulation
with the yearly report OF the COMMISSIONER colossal
map the world and will oppose any further considera-
ton OF the subject. 1t appears from evidence in the
hands of the Committee that the map III question Is an
exact tracing from map issued in Gotha 1866, that to
issue the map recommended by the Commissioner
would cost at least $4,000 while the map Of better
nuatv of work could purchased less than half the
cost Of the newlmap The proposition has been before
the Committee than two years. While the Gotha
map is in English aud more complete than the Land
Office map, the Committee do not think it proper to
appropriate the work of forei associations Govern
ment document. The Land Office map is called 1.-THE
Mercatoria Chart land the Gotha map is called Chart
Of the World on Mercator's Projection"
effort is making by the leaders of the Ring party
here in the Mayoralty contest, to place Democratic
candidate in the field, in order TO take away many as
possible the Democratic votes that are likely to be
cast for Mr. Emery the Reform" candidate. Tom Flor
ence Il anxious to announce himself "a Democratic
didate but he has a rival in Aiken whose principal
nooriety is that he was counsel for Mrs Surrat and
Wirz, of Andersonville Prison notoricty.
number of naval officers before the House APP
preparation Committee today for the purpose OF urging
a continuance OF the 80 cent which has been allowed
the officers Of the navy in addition to their regular pay
They assured the Committee that with the allow
asked for their pay not equal to the pay Of OIL
GERS In the army The Committee will give the matter
consideration ut the proper time.
The Secretary Of the Treasury will not allow circulars
circulated around the various bureaus asking for
subscriptions for the Grand Army Of the Republic, to as
them In decorating the of the soldiers me
mortal day He says II looks too much like compulsion,
and thinks all who desire to subscribe should do vol
UNFAIRLY.
BY virtue the expiration Of the 10 days fixed by law
the bill pay Helen and Helose Lincoln 81 500 each to-
day became law. They known as the Fitzpatrick
children, and IL will be remembered that they were
rescued from "A band Of the Kiowas Indians in Texas
after svages had murdered their parents and burnt
the house which they lived The $500 will be taken
from moneys due the Kiowas.
Mr.. President Grant gave a grand lunch party and
strawberry festival to-day. The flowers fruits and ber