, 1874-04-24
CONGRESSIONAL RECORD.
SENATE.
WASHINGTON, D. C.. April %.

BANK CIRCULATION.
MIR. DAVIS introduced bill to reduce the tar
on the circulation Of State banks to an amount
euual to that paid By National Banks, He said
the tax on tho National Bank circulation was /
per cent and that on State bank circulation 10
per cent, which practically prevented any cncu-
laton OF the latter class. He saw no reason why
National Banks should have an advantage over
State banks ten to one. This enormous Tax was
probably adopted as war measure. but as peace
relgned now he saw no uso in continuing it. The
circulation Of the State banks would be meas
ure of great relief to the South and West. He
the Senate to take up and pass the bill
l. reported from the Finance Committee to
Withdraw the National Bank circulation from
those States having an excess and distribute 1t
in the States having less than their proportion,
with Al amendment submitted by him to with
draw S50. 0.000, 600 instead Of S25, ,000,0 as the
Committee reported. Tho President. III his veto,
referred to the proposed increase 300 000 600,
but he (Daris) thought it was S9O, ,0U0. coo
100000 in logal-tendcrs and $4G, ,0oo, 900 in
The bill was referred to the Finance Commit
tee.
THE poUoLAB C1A1Ms.
Mr. MERR1M0N moved that the Senate pro-
ceed to the consideration Of the bill referring
the cotton claims OF r. H. and Stephen A.
Douglas to the Court Of Claims Rejected.
THE MESNoS1TEs.
The Senate then resumed the consideration OF
the bill to euable the Mennonites OF Russia to
effect q permanent settlement on the public
lands OF the United States.
Messra. THURMAN and SARGENT opposed
its passage, and Mr. Upton, ct Nebraska,
spoke in favor thereof.
TIE LOUISIANA B11L.
Pending the discussion, the morning hour ex-
pired, and the unfinished business being the
aaide informally.
gentleman from North Carolina (Merrimon)
should have concluded his speech On the Louis
iann bill, he would move to lay the whole subject
Oh the table.
Mr, CARPENTER said after an the Senators
who desired had spoken, he would ask the lndul-
gence Of the Senate to reply to some Of the ar
shs ana dopste Would % not BE- b Clicked o
Mr. THURMAN said he desired to submit
some remarks, but had not found time yet to
prepare them, on account Of pressing committee
duties imposed upon him.
Mr. HAMLIN said further discussion on this
subject would do no good one way OR the other.
IS Senators hRd become tired OF it, and always
left the Chamber when the matter came up. He
had at one time noticed TINT there were but seven
Senators in their seats while speech upon the
Louisiana bill was being made He thought
that when debate reached that point to drive
Senators out Of the Chamber it was not calculated
to enGghten any one.
Mr. CARPENTER said perhaps the Senators
Mr. HAMLIN-Yes; and think their reaec-
tious are in this manner: That man is doing
out what have heard half dozen times from
half dozen Senator'S" laughter.1
Mr.. MORRILL, [Vt.) gave notice that be
would submit an amendment to the Mennonite
bill that any sale or assignment Of land reserved
under the provisions Of this act to any person
within five years from the date OF the reserya-
tioa, who is not known as an immigrant from Rus
sia belonging to the sect Of what is commonly
called Menuonites, shall be absolutely void, and
Of no effect, and any such land so sold or as
signed shall be open to prescription or sale in |
the same manner as any other public lands:
After some further discussion, Mr. Window !
withdrew his motion TO lay ASIDE the Louisiana |
bill. !
The Senate then resumed consideration OF the |
Louisiana bill, aud Mr. Merrimon addressed the |
Senate as to the powers OF the General Govern
nent over States. Before concluding his argu-
nent, Mr. Merrimon yielded tor motion to ad-
ourn, which waa agreed to, and the Senate ad-
o1xped.