New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1874-04-07
XLIIID CONGRESSES SESSION.

PEGIrIAR REPORT OF PROCEEDINGS
,KNAroR MrRRrNoN's SUBSTITUTE FOR THE FINAN-
CIAL BILL ADoPrED-THE BILL FINALLY PASSED
PROTESTS FROM THE ANTI-INFLATIoNIsrs.
SENATE WASHINGTON, April 6, 1874
Mr. MITCHELL (Rep., OregoD) presented
memorial signed 10y 16S citizens of the state OF orekon
ana Territories OF Washington and Idaho. aSh"s I'm
Kress TO make an appropriation to open Couol' h'''
10 the commerce Of the world. Referred 10 Tue '''
zee on Commerce. 40, ,,
Mr.. JOHNSTON Dem vaJ introduced bill giving
jurisdiction to the Court of Claims to hear inc can Oh
r. " C,ss Iee son Of the late Gen Lee, TO the Ayng-
ton estate Referred the Committee on the JUDICIARY
A petition accompanied the BILL IN which the peutioher
avs the property was devised 10 him by his grand
father and that the title OF the Government to the prop
.rty is defective He, however, recognizes the sacrcu
rse 10 which the property has been put, ana mas DO
sated for his rights therein.
MIR. CoNKLiNG rep, \. W presented memorial Of
the Pilot and UarbOr Commissioners OF the Port OF
EewIork. asking Congress 10 appropriate the amounts
asked for by Gen Newton in his annual report Tor te
removal of implements to navigation IN NeW-1ork
HarboT follows: $4,000 for the East River and
h'oCOO for the Harlem River. Referred TO the Commit
Mr.. SARGENT rep Coll introduced bill granting
10 the Nevada Narrow Gauge Railroad Company right OF
way through the pdblc lands Tor railroad Referred
TO the Committee on Railroads..
Mr.. SARGENT also introduced bill to release the
der Of the japanese Indemnity fund, amounting TO
h7S,0CO Referred 10 the Committee on Foreign Eela-
Hons.
The bill 10 provide for the payment OF the bonds Of
the Louisville and Portland Canal Company was taken
mp the pending question being TO refer II 10 the Com
mittee on the judiciary.
Messrs. CONKIING rep, y. " and FRELINGHUY
THURMAN Dem, ONO and MCCREERY Dem. XVI
opposed It, and favored commlta! Of the subject 20
The Committee on Finance, which was adopted ateF
some discussion.
THE FINANCE BILL
The morning hour having expired the Senate resumed
consideration Of the bin provide for the redemption
au6fo haulyt
Ihe question being the motion Of Mr.. MERRIMON
Dem., n c. 10 strike out the entire BILL with the ex-
septOn OF the first ana second sections "a amended
These sections nix the OF United - ttes notes at
AOO0 co., aud provide f0r le issue OF ScOOGOVJ add
tiOnal National bank circulation.
Mr. suEHMAN ticp ONO SAID the eifect or the mo-
tOn would be strike out the ith aud sixth sections OF
III bill as reported by the Committee, and they had
been unanimously agreed upon by the committee 10
sce' 10 auMor ~ an increase ~ inc pubc Hent. A.,
Mr. SCOTT Q;ep, Pa moved as an alnendment TO inc
section authorizing the increase OF Se0O,OJO NdtlOhal
BaDk currency, the following:
National Banking organized, hester
sSa By @ s aft Of tle coin received by il a. interest on
- cy -. al- 81 - - = = ~ E one t,n,fi ~ The re-.
prescribed law for National BANKING Associations shall
consist blGn ge q" an association available Tor te redemption oil
az circulating totes from associations N cites Of REDEMPTION AID upon
The atacUimcnt Wa acSeiJcd by Mr.. Merrmon.
Nj CONkLING Rep, y. ~ moved an additional
uot1g h. be construed authorize increase Of
abe PrAcUal 81! ths plolc Jent OF the United States
Mr. MOEION crop. ludJ hoped tAls section would
nos be adopted IL mnt be that some time 1t would be
necessary 20 The additional cleeubac 70 carry on
the Government, as the case when the secretary
had 10 the lccacndcr to meet the current
expenses OF the Government.
Mr. SHERMAN argued in favor OF the adoption OF tho
section The action OF the secretary IN Issuing the
serve had been referred to rs necessary to meet the pab
lie necessities He tMr. shcrmanJ did approve OF
that mad declared ana that
act ON he par, Of ID. secretary unlawful one
The amendment OF M. CONKLING rejected by
Yeas 49, Nays ~, as follows ihepuolcans IN Roman,
Democrats in i.acs, ANA Liberal Republicans in small
rauifgrl: