, 1874-06-20

Committee to hATg a tax levied on all rgnl estate
except thu. belonging to tho United statoa, that
ing to charitable inBtitutions. Congress eorne
time ago had paHsed m not cxomptinE oh,rch-
from taxation, which should novor havo
baen pissed. Tho ehtlroh-property in thia Dis
rcal estate, and thu improvements rnnde around
such proporty verc nt the expenBe OF other
on tho Btroot. Tho Council Of tho local
here had recommended taxation, Az
vol Gs the House Of Delegates. Tho bill pro-
only. for the year 1876. mud the Committee WAS
OF opinion TINT all real estate here should be
subject to tax to he1p lift this District from It's
-
After debate, A1r. THURMAN moved to lay
the motion to reconsider on tho table. Agreed
to without q division. .
Nlr. THURMAN called up the bill authorizing
the transfer Of Gold Mint-bara from the bullion
Assistant Treasurer ut New York, which had
bocn amended by tho House, and moved
to further amend BY Inserting tho worda "and
not 1eas than the ulhsket valuo" so as to provide
coin certificates or in exchange for gold coins
at not less than par, aud not less than tho mar
kot value, and It was agroed to Ind tho bill
passed.
LAWS m TIE INDIAN COUNTRY.
hrr. PATTERSON, from tho Committee on
Territories, submitted . resolution authorizing
that Committee to ait during tho recoHs to in
roatigato Us to tho manner Of tho execution OF
tho laws Of the United Statcs in the Indian
country also aa to the wants and sentiments OF
tho inhabitants Of satd territory md the ad-
Visibility Of creating material for lovcrn-
mont for sad Indian country. Ordered laid on
tho table.
THE AnKANsAs JUDICIARY.
11r. WRIGHT, from tho Committee on the
Judiciary, reported, without amendment. tho
bill to abolish the Woatern District OF Arkansas.
Placed On tho calendar.
oKLo11AMA TERRITORY.
Arr. PATTERSON, from the Committee on
Territories, reported fayoraby on tho bill to Or
ganize the Torritory Of OklohNnla, mud for tho
hotter protection of tho Indian tribes therein.
Placed OIL the calondar.
ruB11u BUILDING FOR rorEKA.
Public buildings and Grounds 'e reporte Titbont
amendment, the bill! to authorize tho consLruo-
ton Of a public building at Topeka, KIM. Con-
Cured il.
STEAMSHIP REGULATIONS.
Mr. CHANDLER from the Committee on
Commerce, reported, without amendment, the
House bill to revise, amend, and consolidate
laws relating to tho hoourity Of life on board Of
vessels propelled In whoe or in part by steam.
Placed On the calendar.
ur spnAann r9n11o 31an' IA haS9s; monn,ttoo m ph
liz Lands. reported Adversely OIL tho bill to pro-
vide revenue from tho sale Of public lands, and
the Committee was discharged from iss further
consideration.
the disposition of certain auls about to bo ro-
claimed In Shoboygan County, Wis.,, and the bill
was placed on the cnlendar.
Mr.. KELLY, from tho Committee on Mill
tary Affairs, reported, ,fayorably on tho bill for
wirk reservation. in Colorado and Nebraska, to
settlement and entry. Placed on the caleni1ar.
LII. SPRAGUE, from tho Committee on Public
Lands, reported fayorably on the bill providing
for the appointment Of q Commission to ascor-
land in tho territory which WIS tho subject OF
tho award of tito Emperor OF Germany under
the treaties Of 1916 and 1871 between tho United
statos and Great B,itaiu. Placed on cniondar.
This bill ralatcH-to San Junn nud othor lBlanda.
THE CURRENCY BILL.
A1r. WRIGHT, from tho Conference Commit
too on tho Finance bill, called mp the report
made yesterday, and asked thas it he disposea
of. He said he had no disposition to dBcuRs 1t,
and hopod tile yoto would DO taken immediately.
Mr.. FLANAGAN opposed the report.
hlr. EDAlUNDS Baid that, 10 far as tho report
related to tho redistribution of bank circulation,
ed to the clause abolishing the reserves which
ban1sB arc now obliged to koop. He thought 1t
unwiss for Congress- to authorize National Dauks
to loan all tho resources they had down to 1t
per cent Of their deposits.
Mr.. WRIGHT aald that the section objected
to by Senator Edmunds lad been agreed upon by
both Houses OF Congress. In caeo OF panic
the reserves Of tho bank would amount to moth
ing, aud it had boon agroed upon all lnnda that
the reserves had better be left ous Of cir1u-
lation.
Mr.. SHERMAN said that the last three sao-
tionB Of the report were precisely similar to tho
bill reported carly in tho session by the Commit
tee on Finance for the redistribution Of the cur
| roncy, except es to the amount. He slw moth
| ing In the report not agreed to by both Houses.
| Tho question Of Increased paper money and tho
| question OF specie o-paymouth had baen poatponod,
lie hoped tho report would be agreed to.
| NIr. STEVENSON said 1t seemed to him tha
oil could stand together on thls report witlou
initiating tho currency. 1t mot tho viowa Of al
parties. ..
hlr. THURMAN said ho would vote for tho re-
port because ho believed It was the best whict
could bo obtained this session. There was ltt1t
or no evil III 1t, md it might la productive O.
hIr. M0ArON said the effect Of aboliHhing til,
| reserves would be to set FREQ over b3u,000.o QUO
which, at certain eoaBons Of tho year ito NOV
crops, eto.), would be great roller. The las
| now required this money to be locked up in th
vaults Of tho banks, and to set 1t FREQ would DO
practical measure OF rolef to some e1taot.
MIR. MORRILL, (Vt) opposed tue report be
to aPocie payments.
tho report, on account OF ita abolition Of ban
reserves. ..-.
1Ir. THURMAN Appended to the New Englan
| Senators not to oppose this report. There wer
d few Senators from the Wost who had stood i
tho sams ranks with thom on this question, an
at the risk Of condemnation. Tho New Englan
Senators hnd offered this redistribution. and h
hoped they would adhere to their promises an
not seek d p1otext to defeat tue bill now.
Dir. EDMUNDS inquired what tho Senate
meant by pretext.
Mr.. THURMAN haid ho utterly despaired Q
ever seeing my bill drawn which would not b
objected to by biz friend Edmunds. Even iftha
gentleman should draw tho bill himself ho woul
| lind aomo fault with 1t.
Mr. sOHUHZ said ho had paired with III
Lognn upon oil iinancinl queutions. Ho woul
not vote for this report, asit proposed to lcgal2
tho e44 ,000. 900 resery0, Which ho thoughtahoul
noyor have boon is sued. llo, however, fayorc
tho redistribution fonturc.
After further discussion. at o'clool1, tho vol
was taken, and tho report Of tho Conforcne
COMMITTEE ngroed to,-yoaB, d3 maya, w.
follows:
Alcorn, Gordon, Pratt,
nSrHE