Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1873-12-18

| MI. 1TdIJ OHtTtu ItSOlullOH NltlNil was
agreed to, directing the Committee ON FL
nance to report whether more efficient
provisions of law are not required to re-
strain national banks from charging, re-
| caiviag and taking higher rate of interest
than is allowed by law to be taken.
West Virginia's War Claims.
Mr.. Davis introduced a bill TO reimburse
West Virginia for losses caused by Federal
troops during the late war. Referred. II
directs the Secretary Of the Treasury TO pay
that State upon the order of the Governor
of said state the sum of 100000 to be APP
piled to rebuilding the bridges, Court
| houses. schoOlhouses, churches, turnpike
roads ard other public property in said
| State. DESTROYED by Federal troops by mill
tary orders during the late civil war.
To Reduce the Revenue Army.
Mr.. Sumner introduced a resolution in
stmcting the Committee on Finance to en-
qure into the eXpediency of abolishing the
office of commissioner of internal revenue
and other offices under him, and that inter
nal taxation be collected by stamps, untaX-
ed articles being liable to seizure and con-
fiscation by any United States court, the
law to be enforced under the direction of
the Secretary of the Treasury. Passed.
Mr.. Wright introduced a resolution in
| structing the Committee on Pensions to in
Guire into the expediency Of amending the
| pension law so as to allow the same pen
sion for the loss of an ann above the elbow
as for the loss of a leg above the. knee.
Passed.
Mr. Edmnnds moved that the House bill
for the repeal Of the bankrupt act be read
and referred.
Messrs. Conkling and Thurman objected
to its reference, saying the matter shOuldbe
disposed of before the holiday recess.
Specie Resumption.
| Morning hour expired and Mr.. FentOn
proceeded to address the Senate on the res
olutiOn reported by the Committee on FL
| nance last week. He said the fluctuations
of the currency serve to confirm the belief
that resumption is impossible with our
present redundant volume Of paper. He
argued TO show that in returning to sound
financial condition, every interest OF the
government and Of the people concur in the
policy of moderate taxes. Instead of an
expenditure by the government OF over
twenty-seven millions more for the past
fiscal wear than for the previous one We
must have a decrease of twice that sum. 1t
is excessive. There must be reduction OF
paper. that paper and specie shall bear a
recognized relation to each other. His de-
sire was to adopt plan which would pre-
vent q reoccurence of financial disasters.
In a word. to simplify the financial ma
chinery, curtail expenditures and steadily
, advance toward a specie condition.
, Mr.. Crozier said he desired to submit
some remarks on the pending resolution
, but was not prepared to DO so to-day. He
asked that il be laid aside for the present
II. oil 10 n
of'the bill for the relief Of settlers on the
Usage Indian lands.
, Mr.. Morrill,. of Maine said he did not de-
; sire to interfere with the Senator from Kan
saS and as soon as his bill be disposed OF,
2 | he would ask TO have the special naval ap-
preparation bill taken up.
= l[r. Edmunds said as soon as he could
oct the floor he would ask that the bill TO
repeal the bankruptcy act be considered and
l disposed of.
. The bill for the relief of the Usage set
h tiers was taken up and Mr.. CrOZier adj
S dressed the Senate in favor thereof aftel
4 which the bill was referred to the Judiciary
4 Committee.
4 No Christmas Holidays.
e Mr.. Window asked that the House resO
: luton fixing the time Of adjournment FOL
: the holidays be taken up.
Mr.. Morrill,, OF. Maine, asked the Senate
i to proceed to the consideration OF the spec
n ial naval appropriation bill. He did moi
d think it safe to adjourn over Friday.
t Mr.. Edmunds opposed the Senate taking
a holiday of two or three weeks, having
important business Enacted on. Was tht
: | Senate going off for a roast turkey and roas
It duck al Christmas, rushing through i'm
e portant measures Is that legisating on ;
e sound basis?
Mr., Thurman declared that in his Judge
ment tha resolution to adjourn should moi
be passed. Important measures were
aending which should be acted upon with
! out delay, and the biz in relation TO sala
- ries would probably he received by iht
y Senate soon. Other measures should b'
= considered to say nothing of the great
= question Of finances; lie was in favor
Sitting here until eli these measures were
acted upon.
Mr.. Morton took The same ground.
Messrs Thurman, Logan, Hamlin and
Sherman opposed any recess at all.
Mr.. Wright favored a recesg about Marcl
instead of Christmas if the public business
allow.
The question being put the Senate de
: cided TO take up the resolution,
= MIR. Fdmunds then moyedtO indefinitely
!, postpone its further consideration and tht
# yeas and NAYS being demanded ths motion
= TO postpone was agreed to. yeas 81 nays u
y IBr6S nlow appears among the yeas, AM
4 | Cooper among he nay
Mr. Edmunds moyea t. take up The
House bin TO repeal the bankrupt act ai0
!, refer 10 iIla judiciary Committee. Ate
the debate the Bill y ~ so TeteTcd:f
RObeson's FOuF histiGHs.
;. Mr. Morrill,, of Maine, moved that in
T. Senate take up the House bill making
special aqpFagfiaiion of four million dollars
=, for the navy.
! Mr.. Sumner inquired if the bill vas u
= meet expenses already incurred?
= Mr.. Morrill, replied atfimatively.
= MF. 6uhner-No part of this appropria
D ton is to be applied a. anything in future
, Mr. MOuill-NO, sir.
= Mr., SUMNER am against the appropIIa
i tion Of another dOllaEin any such direction
The facts are nGt yet sufficiently before tht
l. -country. but ! think it nly DUTY TO dec'ar
this expenditure should stop this hGur tiii
le minute. | think it an ill-omened eXpendl
II ture.
he Dir. Sherman was not disposed to fin,
Y fauit with the President or Secretary OF tn
H. Navy for eXpendIng inns iolT million dol
" lars under circunstancesfTowipg oni oT Tia
i yirginius affair, as they were bound 10 pu
our navy on q war footing, but he did thial