The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1874-04-17
XLIIld Congress-First Session.

XLIIId C0ngress-first Session.
In the Senate, on the LIST, the financial dis
cusson was resumed, ana the proposition to In
crease the National bank circulation to ell ,Ooo,
90 was defeaed-ayes, %; noes, 70.
In the House, on the ist, MIR. Raney pre-
scented n counter statement and the reply OF the
Republican Central Committee OF South Carolina
TO the memorial OF the Taxpayers so called Re-
ferrsd. The stat. ment declares that the tax pay-
ers have only themselves To blame IN not aiding
IN the work OF reconstruction, and that the allie
cations % increased expenditures OF
the State Government are incorrect, and items
given being wholly Inaccurate, untrue
and skillfully selected e deceive. The currency
bill was taken up and Mr.. Phelps spoke against
the bill and against imitation. lie spoke, he said,
for the interest of the farmer and workman, as
the rich men were able TO take care OF themselves.
Mr.. Hawley, OF Connecticut, followed in about
the same strain lie would vote every dollar out
Of his town and out OF his State before he would
consent To ten cents Of imitation. and he would
stay AT home rom Congress all the rest OF his life
rather than do it, He warned the House that IL
IL should pass this bill IL would be taking a step
fraught With more evil To the country than the
Kansas Nebraska bill which had been SO big with
controversy and war
In the Senate, on the I'd, Mr.. Ramsey from
the Committee Post-offices and Post-roads
reported bill TO provide for the transmission OF
correspondence by telegraph. Placed on the
calendar. The bill is the postal telegraph Minor
IL
proposes Ia incorporate Gardner q. hubbard
and his associates AS Postal Telegraph COM
pany, on conditions that IL sh II contract with
the Postmas ter General for the transmission OF
correspondence by telegraph at rates, and in ac-
cordance with the provisions deliberately pre-
scribcd in the bill Discussion OF the
mon ofered a. a substitute for the third section
OF the bill, as reported by the committee,
the following: That sio,0cO,90 in notes
for circulation. in addition to such circula-
ton now allowed by law shall be issued % ma
tional banking associations now organized and
which may be organized hereafter, and
such increased circulation shall be distributed
among the several states as provided In section
one OF act OF July 2, ls7O.' Which was adopt
ed--ayes, Si no, ~, 80 motion 10 ad-
journed
In the House. on the 81. a very interesting
and spicy discussion on the Currency bill took
place, the occasion being remark by Mr.. VIII
son OF Indiana that he " warned New England
that the south and West could control the Gov
eminent 4, they chose, but II they did IL would
la nciples OF justice to all and equal rights
and privileges to all. He feared, however, that
that was not the spirit OF the East" This
brought up Messrs Dawes, q. n. Ho ar, Hawlsy
of Connecticut, and Butler OF Massachusetts,.
each Of whom explained his position and the feel
ing OF HE state In reference 10 the financial ques
ton Adjourned.
In the Senate, on the Sd, motion to adj
ourn over on account OF its being Good Friday
was lost-yess. =; nays, %. Prior to the vote
being taken, Mr. Anthony said be had examined
the precedents, and found that prior To the war II
was the Invsriabl- custom to adjourn over that
day. and that since the war. with the exception
OF the time OF the impeachment trial, the same
custom had prevailed The bill relating
to the finances and the bill providing for the pay
ment Ct bonds OF the Louisville aud Portland
Canal were then discussed. bat without coming
To n vote the senate adjourned until Monday
In the House, on the Sd, bill was passed
to iegaze the pontoon bridge across the Missis-
slppi at Prairie du Chen some seventy private
bills, mostly pension bills, were passed. Ad-
journed.
Senate not In session on the 4th.
In the House. on the 4th, number Of pri-
vate bills Were passed. Consideration of the
Currency bill was resumed, and Mr. Kelly spoke
in opposition thereto and ia favor OF the 6i-l.0
bond bill introduced by him. Mr.. kelly's posi-
tons criticised by Messrs Burchard and
Merriam, and to the latter MIR Butler replied,
sustaining the 65-lO0 bond proposition. say ing
in answer TO the question about the effect Of add
ing ell 90. 600 10 the currency. that the increase
was only Lad part OF the whole issue, and he
thought no man would consider his whisky much
diluted If IL had only l-42d part OF added to
IT. The House soon after adjourned.
In the Senate, on the 9Th. the bill increasing
the volume OF currency to 400, % ECO passed
There we're eight roll-calls, four on propositions
and four for adjournment. The substitute, as II
stood, contained four points-hrst, Increase OF
/ legal tenders 10 four hundred millions; second,
increase OF bank circulation TO the same amount.
third, accumulation Of coin In bank vaults by
quring reserve Of one fourth OF the interest paid
thereon; fourth, the national debt not 10 be in
creased. The third and fourth provisions We're
stricken out, after considerable debate, by about
| four majority. The fourth section was test vote.
There a loss 10 the infaionists Of two votes,
/ the majority being only three. The vote on Mr.
Merrim0n's substitute was - 70 ~. On the mo-
I ton 81 Mr Sherman 10 substitute the Finance
Committees bill slightly modified, there were %
Z "a -, each side losing senator. On the final
vote he ball was adOpted-ayes, %; Ho,s. "a.
7 In the House, on the 9th. no business Of inn
porfance was transacted.
! In the Senate on the eth. Mr.. Morrill, of
Vermont. from the Finance Committee, said he
regrt ttsd TO report uHfavoraby on the senate bill
providing for the resumption of specie payment
and tor free banking lie had no right 20 dis
I close what took place Ia the Committee, but IL
Was well known thst the committees made
/ up Of odd numhai- and IN - committee of seven
members, WHERE lnr.e favored the bill and four
opposed IL. with the rcvynth little mixed, the
| report had 10 be unfavorahle lie would, how
ever. ask that the bill be placed on the calendar
\ together with the adverse report. Soordered
I The senate adjourned without transacting any
important business.
In the House, ON the eth. several speeches
were made on the Currency bill, but without nc
| ton the House adjourned.
e