New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1874-02-13
XIIIIp CONGRESS--1sT SESSION

nv YuE uOIJsE-AN KXPOsiTloN OF IdE CoNpi
r,oS oF THE TREASURY by MIR. DAWES
SENATE. .wAsHINGroS' Feb IL, 1874
AZ, BOUTWELL, Rep., Mass.) introduced q
-. for the survey and disposal OF timber
~ 80 ,na united States Referred 20 tho Committee
Public Lands. .,,,., =,
Che Legislature OF his State asking that pensions 90
granted to soldiers OF the Mexican war Referred 10 the
Committee on Pensions.
Mr. INGALLS, R,p.. KasJ presented the credentials OF
James Harvey elected United States SENATOR RON
the state OF Kansas fiji the uneSpired term ending
March l. 1871 occaHoned by the Resignation OF Alex
suder Caldwell. and Mr.. Harvey was sworn In
Mr. MITCHELL. (Rep.. Oregcn) called up resolution
introduced By him Dec s. Insructing tue committee
on In sn Affairs TO nqOire into the expectancy OF re-
porting bill to ascertain the damages incurred Dy the
citizens OF Oregon In consequence OF lnaan deplens
aud addressed the sense IN M b 81 West he tt
instGed IN saving that cry OF the Indians having
poss neryersjon of facts. The old maxim that the
King osn do no wrong, seemed TO have been applied OF
"t,ncnts WAS unjust TO the settlers Of the West He
denied mat the people of Oregon had wronged the
Ihc Iolbtn comm. ssonors III regard 20 the Modoo
irouhlcq lie slid the Commissioners were either
guilty Of a gross pcryerSOn of the facts or Ignorant OF
Tie subject whereof they wrote In charity he would
attribute their blunder TO the latter cause lie re,
ewed the odoc troubles and argued that the ins0ent
defiance OF Captain Jack and his Modoc band could not
ne tolerated He said mat the people OF oregon pro,
gcemng If proper one Tor the gemcnt OF Indians.
The resolution referred TO the Committee on Indian
Mr. GORDON Dem, Ca presented memorial from
the CITY of Brunswick, Ga ~ relation to the establish
uent Of = naval depot Referred to the Committee on
Naval Affairs. Mr. Gordon said he desired call atten
Norfolk Va and in case Of war one on the southern
coast would he necessary
Mr. AICoRN (Ilep. Miss) presented the credentials
OF II H. Peasc elected Senator OF the United States
the state OF Mississippi to NIL the uncxpired term
OF the Hon. Adelber Ames resigned to accept the office
TIE CURRENCY BILL.
The morning hour having expired the Senate resumed
the consideration of the hill TO equslze the distribution
OF currency the pending amendment being that OF Mr.
Morr,mDn. to insert IS in place OF IS.
Mr.. BUCKINGHAM Rcp. Comm spoke OF the patr
otto action of NewEngsud during the war, iu sending
both capital and men to aid the Government. lie said
his own state furnished l2s per cent more than her
quota Of troops well capital and 1t would GER
taniy he act Of injustice for the West now TO take
from his section that capital which she had earned
Mr.. SCOTT rep, PcunJ favored the passage of the
bill reported by the Committee, but not the amend
ment OF the gentleman from North Carolina. He de-
tended the National banking system. aud argued that
the distribution OF National bank circulation according
the population woald not answer the great diversity
of business making demands OF some sections greater
than those Of Others lie opposed any increase III ne
Mr.. ALLISON REP Iowa. said that Congress had the
night 20 withdraw th2 circulation OF National pauks ron
every part of the country it deemed eSpedent TO do
men Of the gentlema from North Carolina but thought
its form might be improved While Congress could by
spirit OF equity against Withdrawing the whole s5O90O
from that section. He Mr. AlisOn) favored the with
drawal OF 900 IRON New England, and the other
sOooOCO0 from National banks In other sections The
great objection to The National Banking law had been
It's monopoly feature by whch certain set OF gentle
could organize and have monopoly so Tar as CIR
oulsuon is concerned wlth the modncaton indicated
Mr.. PATTERSON (Hep., 3. c. presented a resolution
OF the Legislature OF Us stale IN favor OF lne passage
gudleisry coma.f,se VI Patterson said on the pas,
sage OF the resolaga ia the legislature the Yeas aud
cd
Democrats voting with the Republicans. In south
Carolina they had Civil Rights bill, and all were
MT MERRIMoN (Dem., y. c. said in Offering his
OF hostility toward thc Eastern States II they had
wealth. Industry and enterprise he reioced at the fact,
But while he rejoced at tho advantages enjoyed by that
section he wanted them extended over the whole coun-
Try II Congress would allow increase in the volume
tending for but not otherwise He argued that the
interests Of NewEnglsnd would not be injured in the
least by the withdrawal The demand from the West
would be slow, and that from the South slower 50
that several years would be required TO withdraw the
whole In 1850 the per capita circulation in his state
other Southern States. The reason that money was
tratod there at the expense Of the West ana south The
SOutborn states were now recovering from the enects OF
devastating war, and need TO be helped by the Federal
Government. lie would ike 10 see the volume Of the
currency increased slOOOOO If possible. He believed
the purpose OF testing the question: he would Withdraw
bis amendment and move the following as substitute
s PS Z, after The sn,cas Clause Of the bill and n,,I That
associations Oesuiled which be hereafter Ogsnird in
sddoD h' preeen, circulation under the same rules regulates and
Mr.. SHERMAN (Rep. OHIO appealed to Senators not
60 endanger this BILL winch was intended as one for
local relief by lacking on TO it the great question OF in
naton. Let that question be met fairly aud squarey,
and decided II was one OF great Importance ana would
determine The prosperity happiness and glory Of
country He wac opposed to any increase IN the cur
roncy and the question Of imitation OF not could be de-
ermIned and for all as soon as the Naval Appro
prstion oil was disposed Of But now he hoped this
oil would pass it from the COMMITTEE 60 that
relle' might be afforded 10 those sections needing IT.
substitute Of the gentleman from North carolina CIr
Merrimonl, allowed banks already organized to
tG shd Wss fI w
ment the bill reported by the Committee TO strike
the of circulation TO be withdrawn and reissued
should bc atty instead OF twenty-five millions and upon
that question lie asked the Yeas and Nays he said II
there to be increase In the currency be would
prefer that increase in greenbaeks aud not in
Mr. LOGAN (Rep., HI said II majority OF the Sen
MOI ~ rhoss Who favored Evanston would aconescs in
the result and there the fight would end. But IT, on the
other hand msoly wanted an increase nie et them
hoped friends of more currency would stand by this
proposition for moderate iDcrease-it would be an
Mr. FERRY Rep MicbJ agreed with the Senator
from Illinois Nogsp ana hoped the friends OF mod
the question 10 whether or not we are 10 have more
onrrency He was u favor OF the government issuing
upon that matter now when the country wanted more
New.Englsnd. Let them have more money, but give
more TO the West and South. The panic had not ended
blaze may have been extinsuished, but u still
smoldered and ready TO break out again. He was
not TO frightened from his position by threats That
substitute would kill the BILL and he hoped the friends
OF Increase would stand firm and make this test Ques
ton.
Pending the discussion on motion OF Mr. CONovER
(ep.. Fs. the Senate at O'Clock, proceeded 10 the
consideration Of executive business, and after short
time the doors were reopened aud the senate sdoFneo
HOUSE OF REPRESENTATIVES
Among the Executive documents submitted