Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1874-03-26
CONGRESSIONA AL.
Senate to Vote on Finances To.
Day.
House to Vote on the Railroad
Bill.
SENATE.

WASHINGTON, March 25.-Mr. Chan
dler presented memorial of citizens of
Michigan, asking that 160 acres of public
land be given to soldiers of the late war.
Referred.
Mr.. Oglesby presented resolutions of the
CITY Council of Rock Island in relation to
the Rock Island Bridge, and opposing the
removal of the military arsenal from that
place to Fort Leayenworth. Referred.
Mr.. Morton presented a memorial of
iron, coal and other companies of Ohio,
stating business there is in state of stag
nation on account of the insufficient vol
ume of currency, and asking that the same
be increased and free banking be author
lied. Referred.
BY fifty-one firms. As the Senators from
Ohio had not heard Of petitions for more
currency from that State, he desired to call
their attention to this. He also presented
resolutions for more currency adopted by a
large meeting Of business men of Indian
apolis. Referred.
Mr.. Buckingham, from the Committee
ON Indian Affairs, reported fayorably on
House bill authorizing the Secretary of the
Interior TO use certain unexpended balances
for the removal of the kickapOOs and other
Indians TO Indian Territory. Passed.
sherman's Compromises.
The morning hour having expired, the
Senate resumed consideration of the bill to
provide for the resumption and reissue of
United States notes and for free banking.
Mr.. SchurZ moved to amend the first sec
tion of the bill by striking out 81 and in
serting 56, so that the maximum limit of
United States notes should be $3.50, 100000
instead of S3S2, 100000, as fixed by the bill.
Mr.. Wright gave notice that he would
offer an amendment 10 strike out the whole
first section of the bill, and insert section
providing that the amount of United States
notes for circulation be fixed at S400, ,0O0,-
600.
Mr.. Schurz argued against legalizing the
portion of the forty-four million reserve
now in circulation.
Mr.. Bayard opposed any increase of ire
deemable paper money.
Debate followed as to the right of the
Secretary to issue the reserve.
Mr.. Sherman said this legal discussion as
to the right of the Secretary to issue the re-
serve was loss of time. The notes had
been issued and the government was re-
ground for difference Of opinion on the sub
ject, but he hoped it would not be discussed
now. He gave notice that tomorrow he
would ask the Senate to remain in session
until two or three decisive votes on the
financial bill should be reached.
Mr.. Logan hoped there would be an
agreement entered into now to commence
voting tomorrow evening at half past two
O'Clock. If time be fixed, the Senators
would then be present.
Mr.. Sherman submitted resolutions pro-
viding that after half past two O'Clock to-
morrow Thursday afternoon, speeches on
the financial bill be limited to ten minutes
each.
Mr.. Bayard objected.
Mr.. Sherman rave notice that tomorrow
he would ask the senate to pass the resolu-
tion.
Mr.. Oglesby, from the Committee On In
dian Affairs, reported adversely a bill au-
thOrising the Secretary of the Interior to
use funds, from the sale of lands, for the
benefit of the Usage Indians, and 1t was
indefinitely postponed.
The Senate weht into executive session
and soon after adjourned.