The Rutland daily globe. [volume] (Rutland, Vt.) 1873-1877, 1874-03-28
ADD CONGRESS....FIRST SESSION.
SENATE


Mr. Logan took exception to Mr.. Nor
rill's reason Of withdrawal as being an in
situation that there were no brains in the
Senate except in his own head
MIR. Schurz called Mr.. Logan to account
for discourteous style of speech, and pas
sage at arms ensued between these gentle
men and finally ended by mutual explana-
tions.
Mr.. Morrill's amendment having been
withdrawn, the question REQUIRED on the
amendment of Mr.. Logan, submitted last
evening.
Mr.. Sherman said the amendment of Mr..
Logan presented the simple question
whether the Senate was in favor of free
banking or not. If free banking should be
established banking capital would all con-
centrate within one hundred miles of New
York city, and the west and south would
be more dissatisfied than ever.
Mr.. Conkling, of New York, said the
second section of the substitute submitted
by the gentleman from North Carolina
(Merriman), provided for an increase of
S1G,000,0 900 in the national bank circula-
ton, while the very next section submitted
by the gentleman from Illinois provided
for all circulation which could be OBJ
tanned.
Mr.. Gordon, of Georgia, asked Mr., Lo-
gan to accept the third section of the COM
mittees bill. He (Gordon) believed with
Merriman that if free banking was author
lied free banking capital would concentrate
within 100 miles of New York city. The
committees bill would better somewhat the
south and west.
Mr. Logan said his purpose was to offer
his amendment to the first section of the
bill sent from North Carolina in place of
| the second section of that bill 1t was
| offered yesterday at the hour of adjourn
| ment.
After brief examination, Mr. Morton
moved to strike cut the second section of
the bill as reported by the committee
which provides for redemption of United
States notes on January 1st, 1867.
| The chair ruled the motion out of order
at this time
| MIR. Logan said, to test the sense of the
Senate on this second section he would
withdraw his amendment in order that
Senator Morton might move to strike out
the second section.
| Mr.. Sherman said this, to him. was the
vital point in the bill, and he hoped it
would not be stricken ont.
Mr.. Sanborn moved that the Senate go
into executive session.
Mr.. Hamin moved to strike out in the
second section of the financial bill, Jan
uary 1876 as the time when United States
notes should be redeemed in coin or interest
bearing bonds ana insert the first of Jan
uary 1877, pending which the Senate pro-
ceeded to the consideration of executive
business, and adjourned until Monday.
HOUSE.
Mr. Poland offered an amendment maxi
ing it the duty of the Secretary of the
Treasury to cancel as fast as practicable
United States notes until their amounts is
reduced to three hundred and lightweight
millions, and then allow unlimited circula-
ton TO national banks.
Mr.. Mitchell addressed the house in op
position to the bill in q long and carefully
prepared speech.
Mr. Merriam of New York. member of
the banking committee, addressed the
house in advocacy of the bill, particularly
of the free banking features of it, as also
did Hunter of Indiana, another member of
the banking committee.
The House at 445 took recess till 7. 80.
The evening session and session to-mor-
row to be exclusively for debate on the
currency bill.
The House committee on foreign rela-
tons to-day voted TO report and
recommend the House to pass resolu-
tions requesting the President to intercedc
with the government of Great Britain for
the pardon and release of John Condor of
Ohio who ir now confined in Jail in Eng
land, under sentence of Imprisonment for
life for participating in Fenian raids.
EVENING SESSION.
The evening session of the House was
attended by not more than dozen mem
beers, and there was no Interest in the proceed
ings, the speeches being merely written