The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1874-04-02
CONGRESSIONAL.
SENATE.
WASHINGTON, April ].

WASHINGTON. April ].
Mr.. Merriman, from the Committee
on Claims. reported joint resolution
allowing Robert NJ. aud Stephen A.
Douglas to have their cotton claims
adjudicated by the Court OF Claims.
Agreed to. +.
Mr.. Davis, from the same committee,
reported favorably on bill to pay Jas.
and E. o Cameron, OF Tennessee, for
property taken during the war. Placed
on the calendar. SAID claim had been
declared q just one by General, now
President Grant. . IN
Mr.. Buckingham called up the House
bill to secure to the Episcopal Board oi
Missions land in White Earth Indian
Reservation in Minneso,s, on which is
situated that church and other build
lngs. Passed.
Mr.. Schurz presented petition OF
the Legislature OF Missouri, asking for
the improvement o. the Missouri river;
Referred.
The Senats resumed considera ton OF
the bill for the redemption and reissue
OF United States notes aud for tree bank
ing, the pending question being on the
amendmea. of Mr.. Gordon to that oil
Mr.. Logan, which provides Tor the or
gsnization o. national banking assoc q.
tions 10 any State or territory having
lees proportion OF National bank circu.
lation than Maine. and the issue OF such
currency on The basis OF population
and wealth, until each State and terri.
tory has sn amount oil such bank Cir
culatiou equal to that OF Maine.
Mr.. Davis moved TO amend the
amendment by striking out the word
MAINE" and inserting in place thereof
"Pennsylvania." He said that accord
ing to calculation which he had made
the additional circulation under Mr..
Gordon's amendment would be $780,
100000, bat it his (Davis') amendment
was adopted the additional circulation
would be $ll0, 0OG based upon New
York, as proposed by the committee, it
would be about sl24.000,000.
My Sherman said thst upon the ba-
sis OF Name the additional circulation
woull be aocut 1868 100000; upon
the basic OF New York $llO.C0O,00O;
upon tie bseis OF Pennsylvania il
woald be over $4,000 000
Mr.. Gordon accept d the amend
ment proposed by Mr.. Davis.
The amendment OF Mr.. Logan nav
ing been offered as substitute for the
Sth section OF the committees bill, and
he having accepted the amendment OF
Mr.. Gordon, also the amendment Of
Mr.. Davis. which provides that the
National bank circulation in those
states and territories having less than
their proportion shall be upon the basis
of population and wealth, until each
stale and territory has an amount
of such bank circulation equal to that
of Pennsylyanis, leaving the section as
reported by the committee with the e1'
cep,ion Of substituting Pennsylvania for
New Yok; was rejected by yeas % to
nays &c.
Mr.. Sherman moved sn amendment
repesliog portions of sections 81 and 90
OF the National currency act so as
to require that National banks
shall keep their lawful
morev reeerve within their own vaults,
forbidding them to keep their reserve
elsewhere and providing that no Ma
tional bank shall redeem lts notes q,
any other place than over its own
counter.
Mr., Sherman gave noice that he
would offer other amendments, one o.
which would be to re;nstste the second
section O. the bill in q modified form.
80 as to proyid. tor q return to specie
payments 10 1877 or even 1873. Age,n,
he would like 10 zee the fourth section
reinstated, modified BY striking ont ~
as the ratio OF legal tenders to be re'lr-
ed and insert in lieu thereof 30.
Mr.. Chandler moved that the Senate
adjourn, and Jon this motion the yeas
and maya were called and the motto.
adopted yea, 2S TO nays p.
HOUSE.
Mr.. Rsiney presented counter
statement and reply CT the Republican
.oentral committee of the Stale OF South