Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1874-02-17
OUNUhESSIONA AL.
The Currency Equalization Scheme still
on the BOards-New Bills, Mem-
Orials, Resolutions, etc. in
BJth Houses.
Western Arkansas judicial Matters
Butler on Pensions and Post
master-MayRard ON Car
rency and Finance.
Another Scheme to Secure $4,000, 600
Appropriation for the Centennial
ExhibitiOn-CustOmS Du-
ties, Etc., Etc.
SENATE.

ton from the citizens of that State, in regard
10 the charges against his colleague fMitchelll
and asking that the same be Investigated by
the senate. Mr.. Kelly said that he knew
Mitchell twelve years, and knew nothing de-
rOgatOry to his character. In presenting
the charges he desired TO be distinctly under
stood. He said nothing in favor of or against
them. He moved that the subject be referred
10 the COMMITTEES on privileges and elections.
So ordered.
Senator Frelinghuysen presented a
memorial from colored citizens, stating that
number of them had applied 10 the Amer
lean colonization society for transportation
to Liberia, and the society was unable to send
them, and asking that the government detail
vessel to carry them to Liberia, and bring
back produce; also asking the aid of the gov
eminent for The construction OF railroad
in the interior of Liberia. Referred to COM
mittee on commerce.
Senator Wright presented petition to the
citizens of Iowa for the restoration Of the
duty on tea and coffee, and an increase Of
the duty on manufactured cotton goods Re-
ferred.
At the expiration of the morning hour the
senate resumed the consideration of the bill
to equalize the currency, and Senator Came
ron offered a substitute for the committees
BILL, repeating all acts Of congress which limit
or restrict the amount of notes for circula-
ton, and providing that all associations or
ganlzed 10 carry on banking shall be free to
establish national bank circulation subject
10 all the Limitation now provided by law, eX-
cept the limit as TO circulation, which is here
by repealed.
Senator Cameron, in advocating the adop-
ton of his substitute, said he had not heard a
single business man say that we had enough
currency. The national banking system had
done much good, and should be extended.
His substitute was designed to satisfy the de-
mand for more money without causing any
shock to the capital already invested in good
faith. The law gave fixed amount of cur
rency, allowing no greater abundance of
money at one time than another. This fixed
amount OF currency was a terror 10 honest
men and a jubilee to speculators. The
increase Of national banks would enable
the United STATES to resume specie
naTnent than bV OrhPr
The present national bank currency was
equally as safe and far more convenient than
metallic currency. Increase the facilities,
and national bank notes would soon take the
place OF greenbackG
Senator Pratt said that an attempt to return
TO specie payments now would be disastrous
to the whole country, and he would oppose
any scheme looking to specie payment now.
de would support the substitute OF the gen.
tleman from Pennsylvania l5enator Cam
eronl, believing it 70 be a wise one. He IA
VOreQ a return TO specie payment, but could
not shut his eyes to the fact that the only road
10 resumption was contraction, and that
would be disastrous to the country.
Senator Frel1nghuysen opposed the sub /
stitute, and said that its Adoption would /
be Of greater injury to the financial and busi- |
ness interests of the country than the rabel- /
lion was. He favored a reasonable retrench- |
ment and the imposition of more taxes. He 4
believed that the tax on whisky should be in /
Creased 10 one dollar a gallon, and on tobacco /
70 thtrty-tWo cents pound. The pledge given /
ieemed.
Senator Flanagan favored returning to spe-
lie pay ment as soon as practicable.
Senator Buckingham moved that the bill
De recommltted to the finance committee,
md with the views of the senator's now
1rOughtOut by disc uSslOn the committee could
rame bill which!would harmonize with the
views Of the majority OF the senate.
senator Morton salu ne saw no a6Vantage
% be gained by recOmmittng the bill. Three
months nearly had already passed, and, so
ar as this finance measure was concerned,
40 progress had been made. The committee
irst brought forward resolution of a senGi-
mental character. Their twenty-five millioE
iolar bill, was short of being halfway
The question must be settled by
ihe senate, and, being now before the senate
should be determined.
Senatar Scott said he thought time might I
be saved by committing the bill, and allowing
he COMMITTEES to report measure covering
All the questions.
Senator Sherman said the finance commit
zee had reported bill to equaliZe the curren-
y as a bona tide measure of relief, and he did
rot believe there were five senators against
ID down with other questions; he would,
therefore, vote for the motion TO recommit, I
ather than proIong discussion; The bill had
ion involving the whole general question of
inances, and no doubt Ii could be better for
he committee now 10 frame some meas
md b ing it before the senate for action.
senator Logan said he thought this a very
TRANCE proceeding at this time without
vote on one single proposition, or without
.etting the sense or the senate on any one of
he Questions. A motion was made to recon-
nit, had it not been that the motion was
made by his friend from Connecticut, Mr..
he would nave thought 1t the
esult OF an arrangement to deprive the SEN
tie of a vote. The finance committee had
discovered that the bill could not be passed,
ND now they wanted it recommitted-
Mr.. sherman said that the motion to re-
commit was made by a gentleman not con-
lected with the finance committee.
Senator Logan said that all members Of the
who had spoken favored recon-
initial. The bill might be 1ecommitted as
,ften as they liked, but he wanted IL under
TODD that there must be vote, and the issue
Ould not be lodged. They might Just as we
ace the music one time as another. To re-
ommit the bill would only serve to repro
luce the same arguments already delivered,
md time would be gained.
Senator Cameron said it was very evident
hat this debate must continue some days yet;
le therefore moved that the senate proceed to |
he consideration OF executive business.
The chair laid before the senate a communi- |
alton from the secretary of war asking an |
for the commission TO establish
military prison. Referred to the committee
N appropriations.
Senator Stool ktOn asked to be excused from |
ervice on the committee on manufactures. !
20 objection being made be was excused, and /
dr. Rager appointed to Ill the vacancy.
Mr.. Cameron renewed bis motion for an eV- I
Senator Boreman moved to adjourn.
The latter motion was adopted and the SEN
10 '--' HOUSE.
Bills were introduced by Mr.. Wood
-orth in posing duty of six dollars a ton on
ate and jute-butts imported.
By Mr.. Whitthorne to abolish the navy
ards al Kittery, Charleston, New London
nd Washington.
By Messrs. stanardand ComiDgo joint reso-
ltion from the Missouri legislature aSk1n
ongress for such legislation as VIII secure TO
be people their equal advantages as TO rates,
me and transportation on the Union Pacific
abroad and the several branches thereoi,
Thich are reserved and guaranteed as the
hief part of a consideration TO be
iven by the company for grants
By Mr.. Kellogg-AbolisnIng the ofiice of ap-
raiser OF imported merchandise, appointed
nder act Of July IA, $50, .-..
By Mr. Crossland-To abolish the revenue
marine service; also 70 abolish certain Gus
and TO discharge useless ofhceTs
By Mr.. Hunter-To limit and regulate the
lerical force Of the war department.
By Mr.. PhiltpS-By request 10 enable Jhe
entral branch Of the Union Pacific railroad
o sub bmit its claims against the United States
lnder the existing laws TO decision OF the
BY Mr. WoOdford provide for commits
ION for the reorganization Of custom and
By Mr.. AveriIi-To revive grants Of land for
several lines OF the st. Paul and Pacific rail-
,oad.
Mr.. Cannon-A memorial from the Utah
legislature asking congress TO appoint a COM
mission OF invest CATION to be sent 10 Utah to
inquire into all the alleged abuses in the Ter
suspend all action for special legislation in re-
gard to Utah.
Mr.. Lawrence-TO abolish pension agents,
aud provide for the paying OF pensions by
and collectors of internal reye-
nue, thus erecting an annual saving of half
! million OF dol ars.
Mr.. Haynes offered a resolution instrueting
he conamittee ON contingent eXpe1 ses in the
ienartment OF iustice 70 inquire into the in |
jiciaI expenditures in the western district Of
Arkansas. Adopted.
Mr- Butler introduced bill TO amend and
,o5I ~ the laws IN regard to the payment OF
oonei5ns- 90 as to secure efficiency and econo-
nv II proposes TO abolish the now existing
.aynsfon aqencies, and make postmaSters at
.ooI counfv-seat eI o03ct0 pension agents, and
nsiEes il the duty OF postmasters 10 correct
he rolls and return them 20 tae s. pension pension
: : ~ 100 &c ~ COTS or drafts for the amounts due
ssch pensioner are forwarded 70 the Postmlas- mas
er for distributions for wilen seiadSte t y, Icy ~
IRE 20 be allowed fee et tep Sen'~ N'S"' " w
said by the EoVcfpnients - 49,. .,.ta.
~, WaSasre uaevsd 70 shsPsaa we ro4ss, I
TX ~