Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1873-01-08
CONGRESSIONAL.
Proposed Investigation Of Presiden-
tial Election
In Louisiana and in Arkansas.
SENATE.
The Currency.

RMS OuEECACJe
WASHINGTON, Jan IA bill was In
troduced by Mr. Buckingham amendatory
of the national currency act of June 80,
1864. The bill provides for free banking,
prohibits the direct or indirect payment OF
interest on deposits, allows United States
bonds bearing coin interest to be counted
as well as lawful money in the reserves,
and provides that the banks may redeem
their circulating notes either in coin or IN
legal tender or in United States bonds at
par with accrued interest, at the option OF
the banks. 1t also provides that United
States legal tenders in sums Of thousand
NAV be redeemed on demand Of the holder,
either with coin or with United States cur
rency. the bonds bearing coin interest OF
3.65 per cent and that the principal OF any
United States bonds bearing coin Interest
shall on demand by holder be paid by the
United States Treasurer in legal tender
notes and the interest in coin. All bonds
issued under the provision Of this act are 10
he free from State and municipal taxation.
The last section requires the Secretary OF
the Treasury to issue bonds as herein des-
crihed. legal tender notes of denominations
not less Than one hundred dollars and nVe
dollars respectively, and to make all the reg
ulations necessary to execute the provisions
of this act.
Electoral Contests,
By Mr.. Frelinghuysen, joint resolut lon
urOposipg a constitutional amendment 10
provide that any dispute arising with re-
oard to the persons chosen as Electors for
President and Vice President in any State
shall be decided by the Supreme Court OF
the United States, and that Congress shall
have power to enforce this article by appro-
pirate legislation.
MIR, Sherman called up the resolution Of
fered by him Yesterday directing the COM
mittee on Privileges and Elections to in
oaire and report whether the recent cleo
ton has been conducted in Louisiana and
Arkansas in accordance with the Constitu-
| ton and laws of the United States, and to
| inquire also what contests have arisen OUT
| Of the election and what measures are ne
cessary to provide for the determination OF
such contests in tho future.
Mr.. Thurman said, although he would
vote for the resolution, he did not wish TO
| be committed to all that was implied IN IL.
The resolution directed the committee TO
| inquire whether the recent election had
| been conducted in accordance with the con-
| stitution and laws of the United States, ,0ut
under the constitution the United States
had do right to make any laws on this SUBJ
iect, except to fix the time for holding the
| election. The resolution therefore seemed
| to assume for Congress a broader jurisdlc-
| ton than that granted by the constitution,
| As to the recent elections in Louisiana and
Arkansas, he believed that great error bad
been committed and a great wrong perpe-
| trated, but he would not speak on that SUD-
ieet now, lest he should provoke debate.
Mr.. Frelinghuysen said this was undouot-
| eilv one ofthe most important subjects that
had ever come before Congress, and that In
| his oninion an amendment to the constltu-
ton would be the proper remedy for the
| difficulties arising in such CASES as those OF
Arkansas and Louisiana.
Mr.. Sherman thought it would be unwise
to 90 into debate on this subject in advance
| of The information which this resolution
| was designed TO obtain, and in Difference to
the views of his colleague (ThurmaD) he
| would modify the resolution so as to direct
| the committee to inquire whether the elec-
ton was held in accordance with the con-
s.itution and laws Of the United States and
IN Mr. r., TrnmbulI thought it very doubtful
| Wh6 her congress udu d IiSh" W OAd
| whether the election had been conoucIed 10
| accordance with the laws OF State.
| Mr.. Edmunds thought the resolution had
better 90 over until Monday.
Mr. Sherman urged its immediate pass
age. ..-.-. :,
Mr., Conkling thought it unnecessary tC
| discuss at this time the constitutional ques
| tons involved in the resolution.
The resolution was then passed.
| Unfinished business being in order, the
appropriation bill was then resumed and
he usual discussion of Indian policy fol
| lowed. An amendment was adopted di
rectiug the Secretary Of the Interior to
commun;cs s.e to Congress what sppropria,
lions may in his judgment be dispensed
with.
The Senate then adjourned.