The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1874-04-15
.NINA0M IL0.ILlaN ag0WE0WLlTM ~ IWIElnM -
Various bills and Executive commupi-

cations were taken up and referred nj
nally Senate bill 10 amend the natloni
currency act and 10 establish free bankin
was reached. .t
Mr.. G, F. Hoar made the point Of orde
that 1t must receive Its first considerable
In Committee OF the Whole, for the rea
son, among others, that II was q bin I
increase the public debt.
Mr.. Garfield made the additional poin
that the rule provides that no motion O
proposition for a tax or charge on til
people shall be discussed on the same da,
on which II Is made or offered.
| The Speaker-The Chair agrees will
the gentleman from Massachusetts ant
the gentleman from Ohio, that the bill 4
liable 10 objection; that II it does not Il
self contain a charge or tax on the peo
pie, 1t Is amendable by such propositions
and that II 1t does not increase the lega
tender notes, II increases, Of course, The
obligations oi the United States, and Is L
some extent liable to objection. Il Is o
tax bill. But those gentlemen will OBJ
serve that this bill originated in the Sen,
ate. II 1t be open 10 the objections urg,
ed by them, then the Senate could no,
have originated It. =. .. y
Mr.. Garaeld-Then let US make that a
point.
The spCaker-Thst point Is one which
the chair has never ruled upon; because
1t Is not for the chair 10 say what tho Sen.
ate Of the United States may or may not
properly do. Where the House has dis.
agreed with the Senate upon that point
L has always been by the vote Of the
House. II the House agrees that the Sen.
ate sent this bill here properly, all the
points OF the gentlemen from Massachu-
setts fall; because the House cannot con.
cede that the Senate originated this bill
properly and sent It here properly and
then ask the chair TO rule that il Is tax
bill and imposes public burden.
Mr. Gar6eld-the House can waive its
right In the matter.
The House can't waive its right on a
grave question as between the two
branches and then ask the Chair 10 en-
force minute rule as TO the mode of pro.
ceedlng. The great question Is as to
whether this bill properly originated in
the Senate. II that question be not raised
the Chair is bound 10 presume and can
have no other presumption that tho House
regards the bill as properly here.
Mr.. Garfield-Then raise the question
that it Is not properly here and should be
returned 10 the Senate. ....
The question was then put whether the
House should so declare and 1t was neg
atiyed. Yeas SO, nays 175.
G. F. Hoar then made point Of order
that the bill required an expenditure Of
money for the printing oil National Bank
notes, and that, therefore, under rule the
bill must frat be considered in the Com
mittee ofthe Whole.
The speaker overruled the point of or.
der, because the expenses was to be de-
Quoted from the banks and was not to be
a charge on the Treasury.
Mr.. Maynard then moved the previous
question on the passage Of the Senate bill
and Il was seconded; 121 10 SO.
The bill was then passed; yeas 14O,
nays 102. ..
The text OF the bill is as follows:
That the maximum amount of United
States notes is hereby fixed at 100000.
900.
SEQ. Q. That forty.six millions In notes
for circulation in addition to such clrcu.
lation now allowed by law shall be issued
to National Banking Associations now
organized, and which may be organized
hereafter; and such increased circulation
be distributed among the several States,
as provided in section l Of an act entitled
IAN act 10 provide for the redemption Of
8 per cent temporary loan certificates
and for an increase Of national bank notes,
July 10, 1870. and each Nation.
al Banking Association now organ
lied, or hereafter 10 be organized, shall
keep and maintain as part OF It's
reserve required by law, one.fourth part
OF the coin received by 1t as interest on
bonds oi the United States deposited as
security for circulating notes or govern
ment deposits; and that hereafter only
one.fourth Of tie reserve now prescribed
by law for national banking associations
shall consist Of balances due to an associ-
alton available ior the redemption OF its
circulating notes from associations in
cities Of redemption, and on which bal
ances no interest shall be paid.
The status Of the whole question now
Is, that while the House bill has 10 await
the action Of the Senate, which may or
may not be favorable or may be delayed
indefinitely, the Senate bill goes directly
to the President for his signature.
Adjourned.