, 1874-06-13
An Appropriation Refused by
49,. a Vote Of 108 to 48. -
The Old ChoctaW Fund Allowed tn
an Appropriation Bill.
Rumored Reconciliation Of Gen. Grant
and Senator Schurz.

Senator Clayton Working Against
the Arkansas Judicial
Bill.
~. -
THE CURRENCY BILL.
Spec,al Dtapatch to The Chicago Ti16uns
THE SENATE ADoPTs THE coMpaoafIsk hill.
WAsN1saYox, Juno 12.-D7 q vote Of 80 for to
29 against, tho Senate this oyontng approved the
Compromise Currency bill reported by tho Con-
ference Committee. The Senators who have
hitherto opposed al imitation Legislation, but to-
day supported by their votes tho compromise
measure arc Gilbert, Of Florida; Howe, OF Wis.,
eopsin; Sherman, Of Ohio; and Scott, Of pona-
sylyania. hlr. Howe, IN explaining bis votot said
this bill Bnvo promise Of return to specie pay
mont sometime. and, therefore, ho would give
IT bis support. Mr.. Gilbert undoubtedly
had rcaaona for changing front; but as Alr. Gil
bert never troubles the Senate with public e1-
preston OF his yIewa on my subject, tho world
must remain In ignorance Of the motive which
inpelled him to vote yesterday. blr. Scott has
boon 80 wel1 abused in the philadelphia Press
for bis previous course on the question of
fnanoe, that It Is Just possible he took this oe-
Fornoy. Mr. Sherman is able to speak for him.
self. The bill will bo brought up In the HouBe
tomorrow aud passed. ItH fate at the White
House cannot be eai1 to be problomatlcal.
TEXT OF THE coMpRoatlBn hill.
The following il tho full text Of tho eompro-
mise bill
The Committee Of Conference on the sagrsoing vote.
Of tue two Houses On tho bill u. H. 1512) to ancud
tho aovernl acta providing natoual ourroncy and
h.Sins % met, after fall. add frea coniersass hays
| agreed 10 recommend. and do recommend, to their
respective HouBos ~ follows: .....
| That tho House recele from their disagreement TO
tho amendment Of tue Senae, and agree to the aamo,
se X sns Il e ~ e. sasnnen after in
ss ne nd nSss u e rass tue sao r
res sy
o. approved June . i8e4, shall be hereafter known
gso. i That Sec. ii of the National pant act bs
40 amended that tho several assooatlons therein pro-
hand any a,nount Of money whatever b. Of Tho
sount Of their respective circnatons put The moneys
sa y g BY III ss
Ia all respects, - provided for In tue saia hertion
T S % 9 a Say '
OF notes for circulation ',nder saa acts ee asd tho
hcrchy repealo md the p5oyito n tho rst
act provide for tho redemption Of tine lnr ccntun
tcrnporuryloau certificates md for an ineroaeo Of
organized circulation @'ooooo nnl The psov,ao
ha third section Of said act limiting tho sif:;-
IN % gold X coin to $1,000 ooo md Boe. q eAd ue 70.
latng the redistribution Of o0o Of circulating
BE- n bsssse9 arc orasass f Ss @
limitations, and posse.s te rights. privileges, 9.,l
geSar . saead 9itsis md Fspsai provided Dy "ihs
BEo. !. That oyery association organized. Or to bc
organized, under tho provisions Of mid aot,
tas ssts ss% ssnhs,sss hssss t tnsrc
shsh poss in e + 4rsasury o ssh tss huned sa;es
money Of TIE United Stats & snn a sqaal I t9 60 M r.,
redemption Of such circulation; which sum shal b
ceutsd Of its lawful reserve y provided n
my such asaooiattons, asaoFted unassorted shat
10 presented fur redemption. III sums Of ooo Or nny
ss sstss ha ss1as :h e s' u IN @
Al 1oss H. Ut os ., as
ciations issuing the sumo. mud lie Bhall aott3 than
ssycray, The nrst day Of each mouth. or otenor
1t his discretion of thu amount Of sueh rsdemptions
sas umount to The sum q $500, such assooiaton &c
notified shall forthwith deposit Tita the Treasures q
a. Hna ID s II notes y of @ National nsnks worn d..
stioh shai wnsn received by any
It sny desgnsted Depository e ~ unifsa satss
redomption ~ provided herein. And rhen such re
Q de1nphonA hnve teen 90 reimbursed. the circulating
- ~ hs
aoo. rora mlstsa dsts;sa or rsnasfs
I, placed as now provided ~ law Provided, that eac
said asBooiat!ons shall reimburse 70 the Treasur
tho charges for transportation, and the coas TOT ~
sorting such notes and tho associations hereafter o.
gsntzed shall also aeseraly reimburse to the TIeasur
ths coat Of engraving such plaea shall he ordvro
by each association respectively: aud the amount Us
upon each sssoeinton ahnA be IN proportion
the circulation redeemed and bs charged to the fun
on daposlt with tho Troasurer: And pr
ds further that n,ne g M mpch ,.oo!ruc Gf "
!. permitting tbs redemption Of It's circulating nott
elsewhere than at ls own counter, except u provide
for In this section. ~ hereby repealed.
Y 9ku. 8. That any association organized undor III
ao any OF the acts Of which ths s ~ amonat1eA
dcstriug to withdraw Its circulating notes n whole
III Treasurer the United States IN Of not le
tbsu o0O take up the bonds which said associate
Inns On depost with the Treasurer for Tue security
such circulating notts which bonds ahal! 10 asssnt
to the bank In tbs manner specified iu tue nlneocn
Of section Of tho National Bank act and The outsan
iegsttender notss deposited ahalI be reasemed al Il
Treasury OF the unted Btstes, aud destroyed % tlt
provided by Law Provided, That the amount Of !oa
$4,000. <,.-
the Treasury may prescribe, cause thu chsrseter ntl
bers Of tho asaoo!aon 10 10 printed upon ~ Natapn
uank untea which may ha hereafter is1ued ty hkm.
Bko. I. That tho entire amount Of United s!as
uoes outstanding and In circulation at any time sa
not exceed tho oi sosa ooo QUO. which shall "
- Wit, w!tln thirty days utter clseulatug-noes 10
= amount Of sl,00o,000 ahAll, from tl1no to tin
. 10 issued to National banking asHoo!nttona uni
THU act In of tho highest outstanding val
the1eof 1t any TINA prior to such ihsae, II SKULL DO
Z duty Of the Secretary OF tho Treasury 70 retire
iofT tfadR