The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1874-03-28
Forty Third Congress Session.
SENATE.

SEN ALE.
WASHINGTON. Mar q.
Several petitions and memorials were pre-
sented.
A motion that when the Senate adjourn it be
to Monday next was agreed to.
The Senate then resumed the consideration of
the bill to provide for the redemption and refs
sue of United States notes and for free bank
in, the pending question being an amendment
of Mr.. Morrill, of Vermont, to the first section
of the bill, prohibiting the use of any portion
of the $500, 600, 900 authorized by that section
as amended by Mr. Wright for the purchase OF
bonds of the United States above par, or for
the current expenses of the government.
After short debate Mr.. Morrill, withdrew
his amendment saying flat he would see now
what kind of bill the majority would get.
Mr.. Logan said he did not like such insinaa-
tions as were thrown out by the gentleman
from Vermont (Morrill), that he would with
draw his amendment to See what kind of bill
the majority would get up. Did the Senator
think there were no brains IN the Senate except
in his own head? His action only showed a
determination on the part of certain Senators
to defeat the will of the majority in the Senate
Where Senators insinuate that none were able
to perfect bill besides themselves, they AFRO
gated good deal.
tor from Illinois Logan) to understand that the
language he had been using toward the minori-
ty in this body was very far from being polite
ANY member of the Senate had right to offer
any amendment he pleased. No Senator en-
joyed higher reputation for fairness and hon
esty than the Senator from Vermont (MorrilD,
and when that Senator used his privilege of
submitting amendments he should not be c.iti-
cised. He (Schurz) could not submit to such
language were it applied to him.
Mr. Logan said he was replying TO the Sena.
tor from Vermont. The Senator from Missouri
said he would not submit to it. If he (Schurz)
should repeat the remark made by the Senator
from Vermont it would be seen whether he
would submit to it. He (Logan) did not at
tempt to bully any man, neither would he al
low any man to bully him. The Senator from
Vermont was fully able to defend himself with
out aid of the Senator from Missouri. Was the
Senator (Schurz) the champion here: who made
him the censor of this Senate chamber?
After some further remarks Mr. Logan apol-
ogized, and Messrs. Morrill, and Schurz express
ed their respect for the majority and the little
affair was over
Mr.. Morrilps amendment having been with
drawn, the question required on Mr.. Logan's
amendment to the substitute of Mr.. Merrimon
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 will all concentrate within a hundred
miles of New York city, and the West and
South would be more dissatisfied than ever
Mr.. Conkling said the section of the substl-
tute submitted by the gentleman from North
CarOnna MT. MerrlmOn) provided for an III
crease of 100000 in national back clrcula-
ton, while the very next section submitted by
the gentleman from Illinois provided for all the
circulation which could he obtained.
Mr.. Morton though THE argument of the gen.
tleman from Ohio MIR. Sherman), that if free
banking was established the national banking
capital would concentrate within 100 miles of
New York city was erroneous. The national
banks were not profitable without deposits, and
tnere were already enough in the East to alb
sorb all deposits Offered.
Mr.. Hamn moved to strike out in the I'd
section of the financial bill "Jauuary, 1876"
as the time when United States uotes should
be redeemed in coin or interest bearing bonds,
and insert profitable.
Mr.. Scott said he would be glad to see all our
national Indebtedness now held abroad brought
home for the purpose of establishing national
banks.
Pending the discussion the Senate proceeded
to the consideration Of executive business, and
after a short time the Senate adjourned till
Monday.
HOUSE.
This being private bill day, number of pri-
vate bills were reported from various commit
tees, and referred to the Committee of the
Whole.
The bill for the removal Of the political dis
abilities of W. L. Cobett was passed.
The bill amending the several acts providing
for national currency and to establish free
banking was taken up.