The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1874-03-03

CURRENCY Observation-Disclosures AND LOGAN
DIsAGREE-A HEAVY DAYS WORK.
WASHINGTON, March 2, 1874.
Sir. Allison, of Iowa, presented remon-
STRANGE from the citizens of Wisconsin
against the contraction of the legal tender
notes. Referred.
A bill reported from the committee on
public lands to extend the time of complet-
ing the Wisconsin Central railroad, was
taken up and passed.
Mr.. Sherman, of Ohio, presented the reso-
luton of the Chicago merchants exchange,
against any further issue of paper money,
and stating that the action of the senators in
advocating the increase of such money is
based on a misrepresentation. Mr.. Sherman
said that it was signed by seventy-five lead
ing merchants of Chicago, representing sixty
million dollars of capital.
Mr.Logan, of Illinois, said he had nothing
to say against the character of the men sign
ing the resolutions, as they wero respectable
merchants, but he would say that the meet
ing at which the resolutions were adopted
was composed of ten men and they had been
going around for the last ten days procuring
| signatures of business men to the resolu-
tions. The grocers of Chicago had an organ
iZation called the merchants exchange and
it was the members of this body who adopt
ed the resolutions. The meeting did not
represent the business of Chicago, as the
/ board of trade of that city was composed OF
| l 1926 men. He (Logan) had receiy ed letter
from one OF the alleged signers, stating that
his name was there without his
authority. Logan then presented petition
/ signed by Potter Palmer, Samuel j. Walker
B. +. Allen Hostone, j. Young Scammon
and Peter Schultz, of Chicago, asking for an
increase in tho volume of paper currency.
D 81 had AxNan RI
build up Chicago than all the others there
He also presented a petition of similar ma
ture from the mayor and a majority of the
board of aldermen of that city, and one
hundred leading business firms, and 81
prominent merchants, another signed by
100 manufacturers and business men, an
other signed by 4s0 respectable citizens, an
other by three thousand eight hundred and
sixty business men and small traders, anC
Il final one signed by all the merchants o
II Evanston, all of which were referred.
Mr.. Pratt, OF Indiana, from the committee
on the public bill ceding to several states
deeds of all unsurveyed lakes, bayous, anC
all other bodies of unnavigable water, lyinl
within the limits of such states. Placed Oh
on the calendar.
Mr.. Sumner, of Massachusetts,, presented
+ petition from certain ladies of New York
setting forth services rendered by them dur
ing the war, and asking for pension. Re
ferred.
The bill reported from the committee OIL
public buildings and grounds a few day
ago, in relation to the removal of the bronz
statue of jefferson from the grounds az tn
executive mansion to the old hall of In
, house OF representatives, was taken up AM
passed.
, Mr.. Frelinghuyson, of New York, intro
duced a resolution requesting the secretary
of the treasury to inform the Senate wheth
} or United States securities, bonds, notes ant
| fractional CURRENCY have been and are beini
|, prepared in accordancewith the recommend
lions of the joint committee on retrench
ment; if any change has been made therein
and what ere the reasons for change, ant
what safeguards have been adopted agains
Agreed to.
, The chair laid before the Senate the Join
+ resolution of the Kansas legislature in fayo
, of the transfer of the bureau of Indian affair
TO the war department.. Referred.