National Republican., 1873-02-04
SENATE.

MONDAY, FEBRUART 8, IsTa
The House hill relieving the disabilities Of A,
u. IIardcastle, Of Mississippi, was passed.
The Vice President stated that he had received
aietter from the Secretary Of the Senate, inclos.
ing document received by that oficer through
the mail, purportnR to come from one Of the
bodies claiming to he the Legislature Of LoulsI.
ana.
Mr.. West objected TO the reception OF the doc.
ument, and II was laid on the table to await the
action Of the Senate. Mr.. West said It was his
purpose TO object 70 the reception Of any docu-
meht n IIom euhet oi lhe DOules Gaining 70 he
relate TO the election Of senators.
The paper laid before the Senate was q Joint
resolution, signed by J, G.. MOncure aud n. II.
Penn, the presiding ofiicers OF body claiming
to be the Legislature Of Louisiana, expressing
Its qualification at the interest manifested by
Congress In the solution Of the political question
In that State, and thanking the Republican Sem
ators and Representatives in Congress for their
efforts In behalf Of the people Of Louisiana.
Mr.. NORTH, OF Me-, from the Committee on the
Library, reported bill providing that In the con-
sfructlOn OF the eighty-slxth section Of the
hcut," sprint" and "engrayinK" shall he re-
strcted 20 pictorial Illustrations: that no label
designed for use upon manufactured articles
shall he copyrighted, but may he registered at
the Patent Oftce as a trade mark; and that the
word "bOok" shall be held TO include any pamph-
Jet or periodical publication In which copyright
Is or may be claimed.
Mr. Wright, from the Committee on the Judi
clary, reported with amendments the bill to pre-
vent and punish the unlawful making, passing
and selling or holding any false coin Or token
~ tue resemblance OF any coin Of the United
States.
Mr.. Patterson, from the Committee on tho
District Of Columbia, reported with amendments
the House bill to amend the act governing the
cOlored schools OF the District.
Mr. sawyer, from the Committee on the Dis
tTlct OF Columbia, reported the House bill au-
thorizlnR the extension OF the Metropolitan rail-
road, with amendments, making the lines of the
extensions as follows: From the corner OF II
and Seventeenth streets northwest, through Sew
enteenth street, Connecticut avenue, l., Twenty
fourth and NJ streets, across to Greene street.
Georgetown; also, through Montgomery, Dun.
Parton nsh SSTgSto%n scS1na SIa pSye''s streets TO
street west, fr0m NJ street to Boundary street,
Washington. The provision OF existing law re-
main aud any branch lines for a single fare il re-
pealed; but not more than i've cents shall here
after be charged for the conveyance OF a pas
senRer over any continuous line Of street rail-
way.
Mr.. Conkllng presented memorial of h. &.
"a, ganrT Co. 5 Arnold; Constable ns Co, Bene-
men Of the city Of New York against the repeal
OF the bankrupt law. He said that the influence
and character OF the petitioners and their argtl-
ments entitled their views TO consideration by
the Senate.
MT. Fenion presented similar petitions from
leading business men Of New York. The peti-
tiOns were laid on the table.
Mr.. Clayton presented credentials Of s. W,
DORSEY, electel as senator from Arkansas for the
term commencing March 4, 1873; which were
read aud placed on file.
Mr.. Wright presented Joint resolutions OF the
Legislature OF Iowa, asking the passage OF some
measure 10 relieve the people Of that State from
oppressive freight charges by railroad COmpa-
nles, aud also IN favor OF liberal appropriations
by the General Government to improve the nayi-
CATION Of the Mississippi, Wisconsin and Fox
rivers.
Nj. Bayard reported, from the Committee on
Private Land Claims, resolution requesting the
Secretary Of State to make inquiries, through
our Minister In Mexico, concerning the Mexican
records relating to the lands in New Mexico and
Arizona, and the hest method and probable cost
Adopted.
EThe bill to prevent and punish certain crimes
against the United States was Indefinitely post
pOned
hr. Frellnghuysen offered resolution TO print
Ho,OOO extra copies OF report OF Commissioner Of
Agriculture. Referred to the COmmltteO on
Mr.. Wilson introduced bill to settle the ac-
counts o. Gen. A. D. Dyer. Referred to Commit
tee on Military Affairs.
Mr.. Ames Introduced bill to authorize the an
Inc United states. Referred 70 Commitissy iy on S,
Military Affairs.
Mr.. Thurman introduced bin to divide the
State OF ohio into three Judicial districts, and
for other purposes. Referred to the Committee
on Military Affairs.
APPROPRIATIONS FOR THE DISTRICT.
Mr.. llamlin offered u resolution lnstruCting the
Committee on Appropriations to inquire into the
eNptdienoy OF reporting such appropriations as
vii inclade9 lust proportion Of the expense
the United Staies IA the improvements carried
on in the District OF Columbia by the Board OF
Public Works. Adopted.
on motion OF Nj. Cragin, the request OF the
House for committee OF conference on the hill
to build additional sloops OF war, was agreed to,
and the Vice President appointed, as the mem.
bers Of the conference committee on the part ol
the Senate, Messrs. Cragin, Morrill, Of Maine, and
Bayan1.
Inc unfinished business, being
TIE WRDB AUSTRALIAN SUBSIDY BILL,
was then taken up.
Mr.. Ramsey moved an amendment, that tn,
subsidy OF toOO,OOO per annum shall take enec
from the date OF the contract made with the
Postmaster General.
Mr.. Thurman To lay the bill and pending amen 4
ments on the table, when It was agreed to, a,
Yeas-Messrs. AlcOrn, Ames, Anthony, Bayartl
Blair, Boretnan, Buckingham, Cameron, Carpen
ter, Chandler, Cooper, Davis, Edmunds Ferry o
Conn, Frelnghuysen, Goldthwaite, Hamilton 0
MI, Johnston, Machen, Morrill, Of VI, Norwood
Pratt, Pearson, Robertson, salisbury, Bchurz
Scott, sherman, Stevenson, stockton, Thurman
Vlcken and WTlght-39.
Nays-Messrs Caldwell, Casserly, Clayton, |, Cole
Conking, Cragin, Fenton, Flanagan, Gilbert
Hamilton Of Texas, Hamlln, Harlan, Hill, Hitch
Sye, Patterson, Pool, Ramsey, Rice, sawyer
Spencer, sPrague' Stewart Upton, Wilson an
Mr.. Norwood called up the bill making an an
preparation Of tOO,OOO for the construction o
public buildings at Atlanta, Ga. Passed.
NATIONAL CURRENCY.
MI. sherman called up the bill supplemental
TO the national currency act and To secure a
elastic currency to appreciate national obligi
tons, and TO reach specie payments wlthou
commercial embarrassment.
Mr.. sherman said the hill was covered up In
great deal OF yerbiage, hut the whole intent an
banks should always keep a reserve. II IL sal
that II the banks arc released from this obllgl
tion that they can prevent what Is called "cOl
her" IN money, but for his life he could not se
how II was going to prevent anything OF th
kind.
reserve they certainly would keep no more tina
actually demanded by prudence, and the none
would then all be IN circulation. 20 he did nG
man went on 10 say that he doubted whether II
revenues OF the Government would be suflcieI
Tor It's expenditures u the granting OF subsldle
Ao., was not stopped. He saw IN this bill bl
two things: nrst, TO enable the holders OF gree
backs TO convert them all into interest-payll Ia
on that debt, although the people are perfect
contented with the greenbacks as currency, al
do not regard them as forced loan at all; Al
second, to enlarge the banking currency OF u
country, and to enable more national banks to
s0t up, enabling one class Of men TO receive 1
terest on what they owe, while all other class
Mr.. buckingham said whatever Congre
might DO specie payments were yet In the d
lance. The question was whether Congress W
ready to relieve banks from holding q reserve
There was great difference OF opinion AZ
the propriety OF this. Many eminent buslne
men DelleNe tnht tue requirement OF q TeHef
Ia Important, because every Intelligent and Iui
riOus banker would necessarily keep In port
TO meet his obligations, but the difficulty "
that persons would engage In banking wlthO
either the wisdom or the power 10 do this
Mr.. Morrill,, OF VI, said II was plain that II a
step was TO be taken for the resumption
specie payments, there must be 4 compromise
conflicting views. This bill did not fully satis
him, but he regarded II as the best yet presenti
lie would prefer, however, that there should
no alternate as To the redemption Of greenbac
that the Government should sell Its bonds 4
redeem the greenbacks In gold. The questi
was asked whether the Government would "a
anything by the redemption OF greenbacks, /
the main question Is whether this great Cove
Inent Is TO confess Its impotence In this matt
and permit paper currency to fasten itself NJ
the country forever.
Mr.. Cole did not believe that an increased lsI
Of greenbaeks would postpone return to spe
payments.
The sixth section Of the bill making II the d
Of the Comptroller OF the Currency TO cause to
examined each year the plates, dies, and Ot
material from which the national bank clrCI
uon In printed was struck out, 1t having bI
provided for In separate bill.
ual aa d m al