New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1874-03-27
yLIIID CONGRESS-1sT SESSION.

The CHAIR called the attention OF the senate
70 the 2th Rule in regard to the presentation Oh l
TONS and said habit had grown up IN inc eeh'Ue ~
Gently of reading the names 20 petitions ana couc"e
on the contents. The rule required each Sen''oi IN
septinc a petition TO make brief stateiheu' VI ivy
object thereof and the practice of making cohhcn'S
was Clearly out Of order. Hereafter he wouid ehoi'e
the rule ,, ,oa
NJ LOGAN rep I'D presented memorial signed
nv SEQ business of New-lork CITY, FOR Tree banEng
and the increase OF the currency keierIc1 w tnc
% me pctition hut the Chair ruled it ont Of order
Mr. MORTON (ttep., lnd)-Hou can reau u aI'cr '"o
Mr. IOGAN-Wen, will do so. ,r,.....,,,
Mr. INGALLS, Gep, Kan) introduced biz 10 enable
the people Of NewMexico TO form communion a,1
STATE Government and rr0Nidlng iOr the lh9s.on "a
Tie state into the Union Referred to Tie Committee On
NJ TRAGtY Rep.. N NJ from the Committee on
Naval Affairs, reported back numerous peuuOhs 81
mombe1s The class OF 1860 OF the Naval AetISaNE III
relation 20 rank, with recommendation 'uai suc Co'
tttee be discharged from their further consideration
WTST ep. LAY called up the House bill appro
uraug s. 900 continue the dredging at nc iUOuth OF
the Mississippi River. Passed. ,-,
The House bill concerning the practice IN Ierltotla
Courts and appeals thcreirom, was taken up ana VIC
amendment of Mr.. Stevenson, providing That tIe pro
supremo Court record has already been fled was
agreed TO- and the Din wa passed ,-,.-. ~.
MI WRIGHT Rp, loW1l, rom me JudSlar4 oP thc
ntce. reported uniavqr9b 90 the on 70 remove the
poIuca, Disabilities OF Jeh1 - Cap,l % ~ had onco
Mr. GORDON uDen Col sAid Ilat tl,s ~ , n"u IN
the COMMITTEE C!r Einuuds now auSe4'' ior , ,'e p
pose fixing tne DAT as . wen ne lesie' i.S Co
mission - The army, &. As the CHAIRMAN OF Ihc Co'I
nittee had no DOUBT that tho bill would DO reported
fayordJl, he (Nir GOriJu) had ttIcSrJPHo. 10 t';
the election would take place week H, there
for, asked the = nate 10 pass me OH. 40, -, -,
MI. MOIl.ILL p.eQ. Mel O.Jeeteu auu 14o pi'' "SH'
-,,.. ..., .,o
same Committee tur bi. 10 remove the pOiical dsd
hhuys of Thomas haI-.ilau ~ Georgia fhceu Oh Tue
calendar az the request OF Nh Gordon. $50
nT- b. \ Z p d. 1. ed q
Clcd-O bat dealers against the extension OF lAt NelIs
hat body pacat. Referred 10 the committee Oh I"eD''
THE FINANCE QUESTION.
The morning hour wing Ailo d. the Chair announced
that the Senate would resume the consideration OF the
bill 20 provide for tine redemption and reissue Of United
States notes. and Tor free ban king.
Nj SHERMAN tRar, Oai) called Mp the resolution
submit ted by him Yesterday, and amended It 50 as to
leo 1 tp minute speeches each udmeut, and mat
II SHOULD Da III order TO move recess from to 1850
Mr. BAYARD Dem, Deli opposed the adoption Of
said De Of having the senate sit day after dy
fOr me purpose OF allowing few Senators TO address
empty OF the financial question, Other subjects
us bt scussed this session, and the Senate wasted
time this tbrre would DO 10 time Tor debate on other
measures. Tie Western members seemed 10 think mat
.hls iI II ,i ~ ~ fC.r mai il was no more
interest 10 the West than TO the East. As there
SGss 80 81, 1g,aI he GTT uIIplluI proposed that a
genera agreement be made now to begin voting at
O'Clock TO-DAY and after that hour speeches
amendment should DO confined TO ten minutes on the
part ut .aca udtor. After some further discussion
MI Hamlin modified his proposition SO as TO provide
that voting should begin at O'Clock instead OF CLOCK
ana, as modified II was agreed 10. 800 .
Mr.. SCOTT (Rep., PENN being entitled to the hoor,
said that tue senate adjourned yesterday he was
speaking character Of che currency tho Govern
mcHl SHOULD furnish the people. There were now nIe
sorts of cuuency-rst, the Treasury certificates Tor
gold deposits second, the gold notes Issued by three
banks N California; third me NaIi9uat Daak notes
fourth the legal tenders ana hitl the IIactoha cur
Ieucy lie would be glad 70 see notes Issued bY tAS
Government 10 take the place OF all these He argued
that one of he Objectionable features OF the Ma
tIoual banking system was that OF the Govern
mon National bank securities held by il. He referred
10 the reissue portion OF the $0O9OOo reserve and
share as u did expressly prohibit the Secretary
rcissuing that fund The Gi, as II came from the
Committee did not command bis entire approval, but
i ics ~, 10 whether he would offer any amend
ments on some of the provisions of the bill he was
pared vI5h his colleague Cir Cameron, who was de-
tanned from the Senate by the death Of member OF his
family but otter provisions which they both agreed
MI FENTON Glib. Rep, n. " said that his views on
The crea; financial problem well known, aud ne
dd not propose reiterate them The people OK
pected Congress decision IN order that they might
know here they stood He 0espared OF getting what
thought the best measure though 1t was not sur
prisng that there we're conflicting opinions on TINS ques
ton representing various interests After
ali TINS diversity OF OPINION there was eonn9nI IN
ttrest, ana he deprecated any attempt az seStlOna
feeling the bill. There were no corporations OF eap-
tai In NcwYOIk Massachusetts, aniag0n;ic to tho
growth Of Illinois or Georgia lie woud gady support
any measure which promised return 10 specie pay
49,,
tended ~ that end. When correct principle should DC
adopted the currency question the trouble would
the couutry. He favored the free banking section IN
the ml but did not in the details Of free bank
and ARBITRARY Limitation OF II seemed paradO1lc.
He was not entirely opposed to the present system:
But let IL be entirely free take IL GUY O me power OF
the Government 10 fix the amount OF circulation and
that where 1t should be left to be regulated by
the wants Of the people me iGr psS
essential for safety aud success He announced that he
Mr.. MORRILL, (2ep., WI argued in favor Of specie
resumption. and said 1t absurdlty TO say that
this country too 20 undertake the resumption
OF specie payments He spoke of the provisions Of
the bill ana said he favored the retirement OF the legal
tenders dollar Tor dollar as National Dank notes should
be issued.
reported here by the Finance Committee, and he had
not heard single member Of the Committee speak IN
favor Of il except the Chairman and he Mr. Logan be-
heyed he rather doubtful the Committee asked
the Senate 70 vote for the BILL when all ls members were
Tie hour Of o'clock having arrived. the CHAIR an
nounced that the ten minutes rue would De enforced
in accordance with the agreement entered into this
NJ HOWE 02ep Wis) said he would vote against re-
dncng the circulation of legal tenders and was also
oppOsd 10 their increase He would therefore, support
tbe hin Of the Committee believing it best TO leave the
MP. THURMAN Dem, oho) said that although the
bill of the gentleman from Missouri (Mr. schurD
shouid be- adopted here it would pass the other
House after the of Monday in that body.
would ne vote for expansion OF the currency
He aS sSS
ment OF the gentleman from Missouri INT sehurz).
increase irredeemabe paper currency. Such action
would De TO dshonOr the country at home and abroad
The question being on the amendment OF Mr.. scbuTz
20 strike out "eghty-two," and insert nifty sx, 90
that the maximum limit Of United States notes should
be $50 900 instead Of 1882 reported by the
Committee 1t lost by Is Yeas o4O Nays as follows
Republicans in roman, Democrats IN Italics, ana
Liberal Republicans in small capitalist
lpbouy PESrox, Hamin, 6aplsbury,
R4,ord Perry (Counl, Hd5r, SCHURL.
Ffelngbuysen, Morrill, (he) bteHHrt-46
CouEIpg, H0BtloK Mdl Morrill, (ytl
Cngu HAMILTON (TeL)SsrgeBt