The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1873-01-17
By TELEGRAPH.
Exclusively for the Register
Nv the Pacific and Atlantic Line.
Oaiee, 10 Main street.
CONGRESSIONAL.
WASHINGTON January l6.
SENATE.

patents stolen by foreigners.
Mr. Schurz said il fore gners desired
10 steal patents they could get copies Of
them at the patent office. In the sec.
oud place the Austrian government
had issued a decree protecting all in-
ventions from all nations. He said as
an additional.reason for making liber-
al appropriation is evidenced by the
fact that the United States had been
assigned a very conspicuous place iu
the exposition building at Vienna.
Mr.. Sawyer also advocated liberal
appropriation.
Mr.. Salisbury moved to make the
amount $50 900 instead OF $3OO,OOO
Lost.
The amendment OF the committee,
making the amount $500, 900, was then
adopted.
Mr.. Carpenter, OF Wisconsin, said he
had voted 10 increase the amount 10
$500, 900, because, If the appropriation
was to be made at all, that was little
enough; but so long as the Washington
Monument stood in its present uDfn-
i.hed and dilapilated condition,
shame ard reproach TO every American
in the eyes OF every foreigner visiting
our land, he would never vote $500 900
or sny other sum to be sunk in show
10 Euroue.
Mr.. Chandler, o Michigan, from the
Committee on Commerce, reported the
original bill to further regulate the
transportation OF merchandise IN bond,
allowing the substitution of an authen-
ticsted certificate OF the receipt OF the
goods at the foreign port, on the oath
OF the master or mate OF the exporting
vessel ss one ofthe proofs now required
10 discharge the export bonds.
Bills were introd uced by Mr.. Logan,
OF Illinois, authorizing the Secretary OF
War to erect monument at Salisbury,
North Carolina to the memory OF the
soldiers who died in prison and are
buried there, and by Mr. Cragin, Of New
Hampshire, two bills for the improve
ment of the harbor and river fronting
Washington, D c.
On motion Of Mr.. Casserly, the Sec
retary OF the Treasury WAS directed TO
inform the Senate whether the Union
Pacific and Central Pacific railroads
have complied with the act Of July 6,
1852, requiring that, after the compile
ton OF these railroads, 5 per cent OF
their net earnings be applied to the pay
ment and redemption Of the principal
OF IN cir bonds, and, in case OF non-
compliance, what Is the reason therefor.
Mr. Sherman, OF Ohio, called up the
bill of Mr. Buckingham in reference To
the currency aud a return to specie
psvment, and proceeded to submit
written remarks thereon. He said
that we are bound by every obligation
OF law, honesty and policy TO make the
United States notes equal to coin. He
then reviewed the circumstances under
which the legal tenders were issued
during the war, and the successive acts
OF Congress promising the peo-
ple their redemption in specie, and
also the two decisions OF the Supreme
Court that the notes on their face are
q valid obligation to pay in coin.
He held that we are now in a position
OF such strength and prosperity as to
iusti'y a return TO specie payment and
redeem the only broken promises OF
the United States. 1t is the United
States notes only that stand nthe way
OF a return to specie payments
Mr. Sherman then reviewed the bad
eifec, Of deprecated currency to the IN :.
rerests OF the commercial and industrial
classes. The present circulation could
very properly be retained with the es'
tsblishment OF specie payments. A
spece standard will bring gold and
silver coin into general use. Tne
amount now boarded cannot be less
than 5000 100000. The present United
States and natiosal bank notes could
still be used, and would
psss the same as com.
All the governments OF Europe "h hlch
nave attempted it have proved the dis
astrous tollv OF issuing paper money
unsupported by specie standard. The
banking system OF the United States is
one OF the best in the world, the notes
Of private national banks being guar
snteed the payment hv Government,
which holds the security. Therefore
all that IL wanted to perfect our hnan-
c;sl sys,ea is to redeem all
our obligations in coin, with the dis
cretior arv power to temporarily sus,
pend specie payment He maintained
that nj sll the schemes 10 secure 8 re-
urp TO specie payment, the safest
and the best would he to proclaim that
on and after a certain day, saw the lst
of Janusrv next, the notes OF the
limited States shall be redeemed IN
coin, OF, at the discretion OF the Secreta
~, exchanged for bonds OF the United
states OF convenient denominations,
$50 or more. bearing interest at the rate
~ : per cent. While thinking this the
hest plan that could be devised, be was
willing, it any better could be proposed
10 support it .
The bill for settling the payment OF
Ella L. Brewer, executrix OF John
Brewer, was passed
The House bill TO incorporate the
Loomis AERIAL Telegraph company
passed.
Mr.. Morton offered resolution in
structing the Committee 90 Elections
aud Privileges to enquire whether there
is a legal State government in Louis
lana, and if 90. by whom conducted.
He said he was authorized to offer a
resolution by a majority of the COM
ui,tee. The design, ifit wss 10 confer
Oh the committee the necessary au
tbosity to 20 into the whole subject OF
the matter OF investigation already
con6ded to them.
Mr. Thurman said that II il vas de-
AHMED "a on into an Investigation 70