The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1874-02-12
The West Gathering Fall Strength for
the Tug Of War"
DISTRIBUTION OF TIE CURRENCY.
Passage Of the Army APP
preparation Bill.
SENATE.
WASHINGTON, Feb. II, 1874.
PETITIONS.

titon from soldiers Of that State asking the same
pension for the loss OF an arm above the elbow as
for the loss OF leg above the knee.
THE BILL FOR DEVELOPING MINERAL WEALTH
Mr.. SARGENT, irep) Of Cal, presented joint
resolution OF the Legislature OF that State IN
structlng their Senators and Representatives IN
Congress to oppose the bill recently introduced in
she House by MIR. Ward, Of Illinois, to develop the
mining resources OF the United States. The reso.
htiOn was laid on the table.
Mr. SARGENT said the bill had been credited TO
him by some mistake and he took this opportunity
to state that he was opposed to the bill, believing
1t to be subversive OF the mining interests OF all
the States and Territories. In consequence Of the
bul having been credited to him, meeting had
been held among the miners and he had been de-
nounced He did not introduce the bill, was OPP
posed to its PASSAGE and the CRITICISMS against
ham were unjust.
Mr.. HAGER, (dem) OF Cal, presented memorials
for the Improvement of the Harbor OF San Fran
cisco and Santiago. River Referred to the Com
mttee on Commerce.
Mr. BUCKINGHAM. rep) Of Conn.,, from the Com
Mttee on Indian Affairs, reported adversely on
the bill for the relief OF the Onickasaw Indians. In
definitely postponed.
THE DISTRICT OF COLUMBIA.
On motion OF Mr.. THURMAN, (dem) OF Ohio, the
memorial presented by him a few days ago, IN re-
gard to the government of the District Of Columba
and the memorial OF the Governor OF the District,
we're taken from the table and referred to the
joint select committee to investigate the District
AFFAIRS.
Mr.. KELLEY, tdem.) OF oregon. from the Commit
h for the relief Of Colonel Daniel Mcclure, Assist
ant Paymaster General. Placed on the calendar.
dRUDGING THE REWARD OF wELLDOING.
Mr. BAYARD, tdem} OF Del, asked that the reso-
luton offered by him yesterday calling upon the
President to inform the Senate whether any officer
lima haa been instrumental in procuring legisla-
tlon in that State to compensate him for services
rendered IN the discharge or hts duty, &c. be
passed. He said the matter was brought to his
attention last March, and he had no doubt great
wrong had been pcrpetrated upon the people Of
South Carolina and the fair name OF officers been
disnonored. Hence it was In the interest Of all
that the matter be exposed and promptly cor
. rec @S south Carolina had been deprived OF
sons under the Ku Klux act Major Lewis Merrill,
OF the United States Army, 1t was charged, had
ceived 81, 400 OF that amount, and had been busy
In obtaining the passage Of the act authorizing the
reward by the South Carolina Legislature. lie
sent 70 the Clerks desk and had read the report
Of commission for the distribution OF rewards in
which the name Of Major Merrill appears having
received the above amount
tons were secured by paying those who had com.
mitted murders TO testify against Others Such
try's administration of justice. Many of the men
thus convicted were now languishing in . New
Mr.. HowEs, trep.) Of Wis.,, said few years ago
the Congress OF the United States distributed
$1,000 among officers OF the army for arresting
Mr.. BAYARD said he wanted to know II the action
tam reward would be approved. He thought it
An outrageous piece OF business.
THE PUTTING DOWN OF THE KU-KLUx.
his good fortune to meet Major Merrill,
and he Thought Il the senator from Del
he would not think he was the man to be guilty
Of any bao conduct. II there was any one man liv-
ing to-day to whom tho people OF South Carolina
were indebted Tor enforcing peace and order and
putting down these Ku.klux organizations that
man was Major Merrill. He (Mr. Scott did not op-
afraid OF the record OF Major Merrill He suggested
to the senator from Delaware, however, that the
President could not OBTAIN from the records Of the
War Department Information as to the money paid
by the state Of South Carolina.
EQUALIzING THE DISTRIBUTION OF CURRENCY,
The morning hour having expired the Chair
announced as the regular order the unfinished
business OF yesterday being the bill for the with
tlrawa OF $25 600 600 national bank currency from
those States having an excess and the reissue or
1t to the states not having their pro rata OF cur
yency.
formally and that vote be taken on his resou
ton without further debate.
Mr. Mr.. PPATaEasoN, rep! OF :. c. objected:
went over.
SILVER FOR The FRACTIONAL CURRENCY.
The CHAIR laid before the Senate c0mmunica-
Gon from the Secretary Of the Treasury, in answer
to resolution Of the Senate yesterday, In regard
70 the coinage OF silver to take the place OF the
present fractional currency. The Secretary says
the capacity OF the minis for coinage of silver
other than trade dollars Is about $40, 900 per
1nnum, and rs the issue OF fractional currency is
about $40, 100000 IL viii take tour years to coin
enough silver TO replace the fractional currency.
Referred to the Committee on Mines and Mining
MIR. STEWART trep.) OF New, said his object in in
PRODUCING the resolution was for the purpose of
taking some steps TO have the minis coin this silver
The regular order, the bill TO withdraw 500 OOO 600
Of national bank currency, was proceeded with.
SHIFTING THE BULK OF THE CURRENCY.
The amendment offered by Mr.. SHERMAN, (rep) of
Ohio, to the section authorizing the Comptroller OF
the Currency to issue the $2 to those States
having less than their proportion, declaring that
the Comptroller might do so without waiting for
the return OF the circulating notes OF other banks
Mr.. MRRRIMoN, tdem) of n. c., moved to strike
ont she words twenty-five" relating to the
amount 20 be withdrawn and reissued, and insert
the bill, and said It would interfere with an in.
crease in the currency, which he desired He was
willing to let the New England states have the
$50, 900 excess, but he wanted the currency in
80 e as 81
Mr.. ANTHONY, trep) OF II. l., said his state had
81 100000 capital before the war aud has the same
now.
Mr.. LoGAN--And you have not gOs enough now
Mr.. ANTB0Ny-No, Sir.
- M; L0GAN-Then IN Heavens name why 40 you
stand here oDstructing the way OF the Northwest
AND other sections which want more currency
Enode Island IS great State-s rich State. she
enouu nave Twice as much currency as she mas
nov ana ILLINOIS, should have none Then We could
rate Of interest.
Mr.. ANTHONY SAID Rhode Island gave to the
country ner wealth and what men she had to put
down the rebellion. When the national banking
not take advantage of it,
MI. LOGAN said Rhode Island was finished
state. IL nad been completed while Illinois was
growing and needed more capital every day in.
stead OF standing still at one measured sum- He
could take the whole capital and whole state of
Illinois. tLaughter.) "
Mr.. ANTHONY said the county in which he lived
during the year when the largest internal revenue
was rendered returned $4,000, 900. such return
mnst imply a large productive interest The peonlc
OF Rhode Island did not want the national bank mo
system, but were forced into 1t.
Mr.. LOGAN said no one doubted the energy or
capacity OF the people Of Rhode Island, but they
should not object to other sections enjoying equal
facilities with themselves.
Mr.. MORTON said this bill did not 20 far enough
not One-thlrd or the way. II 1t was right that the
currency SHOULD be eQuallze9 at W ~ was Elght