Essex County herald. [volume] (Guildhall, Vt.) 1873-1964, 1874-04-18
XLIIId CONGRESS.


provide for a settlement with the Six Nations
OF New York Indians of the questions growing
out Of the treaty stipulatiOns with them. Re-
ferred to the Committee ON Indian Affairs.
The amendment to strike out from the cur
Tency bill the LIST Of January, 1876, as the time
for return to specie payment was adopted
\ by vote of % yeas to % nays. Mr.. Scott Of
Pa, moved an amendment for an increase in
the national bank circulation to the extent of
| SAC. 900 600. an additional section providing
that on Jan. 1, 1871 the Secretary Of the
Treasury shall pay on demand at the offices Of
the Treasurer of the United States and the
Assistant Treasurer to any holders of United
| States notes to the amount of 500 or over, in
| exchange for such notes an equal amount of
coupon or registered bonds of the United
States, in such form Us he may prescribe.
| Rejected, yeas, 6; nays, 81.
! Mr. Sargent, of California, presented me
MORALS, signed by 1876 citizens of that State,
| setting forth the evils arising from the use of
intoxicating liquors, and asking for legislation
to prohibit the sale and manufacture of such
| liquors. Referred to the Committee on
Finance.
Mr.. Fenton, of N. Y, presented the memorial
of the recent Convention of Taxpayers of
South Carolina for relief against misrule and
corruption. Referred to the Committee on the
Judiciary.
Mr.. Ferry, of Mich. from the Finance Com
mittee, reported favorably on the bill of Mr..
| u
| twenty-five cent piece of silver at the mints of
| the United States. Placed on the calendar
Mr.. Morrill,, of Vt, moved to strike out, in
the fourth section of the Currency bill 70 per
centum as the amount of United States notes
to be retired as additional national bank note
currency is issued, and insert 80 per centum.
| ReJected-yeas, 20 nays, 81 The question
recurring on the motion of Mr.. Morton to strike
out the fourth section, it was agreed to-yeas
| IS nays, q. Mr.. Gordon, of Ga, offered an
amendment providing for free banking, and to
give to each State the same amount of crcula-
ton in proportion to wealth and population as
the State of Maine now has. A number of
amendments were presented and rejected.
Mr.. Hager, of Cal, presented resolutions of
| the Legislature of that State asking Congress
to require railroad companies which received
grants of land for the construction of railroads
from the Mississippi river west to the Pacific
Ocean, under the act of 1862 to report to the
Secretary of the Interior the quantity and de-
scripton of the land sold and disposed of. and
that all not disposed of be open to settlement
and presumption.
Mr. Sherman, of Ohio, said upon the basis
of the currency given to Maine the additional
circulation would be about $263, 900, 900; upon
the basis of that given to New York, $4,000,
GOO; and upon the basis of Pennsylvania it
would be over $11O,000,000 Mr.. Morton, of
Ind, said the people wanted more money, and
the country would come to specie payment
when it could. There was no use to talk about
specie payment now. He had noticed in a
leading New York paper that initiation meant
war; that initiation would be resisted by force
of arms. Such statements were not more I'M
reasonable than similar ones made on the floor
of the Senate, MIR. Jones, of New, said the
rebellion would have been put down for 81, 500. :
600, 600 less than it did cost if it had not been
for paper money, which, instead of being the
spade of the husbandman, was the dice box of
gamblers. The amendment of Mr.. Morrill, fix
ing the volume Of fractional currency at $40,-
100000 was rejected-yeas, 10; nays 80.
Mr.. Davis, of W. Va, offered a substitute to
the finance bill providing that $50, 900, 600 in
national bank circulation shall be withdrawn
from the States in excess and issued to the
States having less than their proportion. Re-
jected-Yeas 90 nays 81. Mr.. Merrimon, of
N. O., offered, as a substitute for the third
section of the bill as reported by the committee,
the following That SAC, 900, GOO, in notes fol
circulation, in addition to such circulation now
allowed by law shall be issued to national
banking associations now organized and which
may be organized hereafter and such increased
circulation shall be distributed among the
several States as provided in section l of the
act of July -, 1870 This was adopted by a
vote of 33 to 10.
Mr.. Ramsey of Mimi, from the Committee
on Post Offices and Post Roads, reported bill
to provide for the transmission of correspon-
dence by telegraph. Placed on the calendar.
The bill is the Hubbard Postal Telegraph bill
unchanged except in minor matters of detail
1t proposes to incorporate Gardner c. Hubbard
and his associates as the Postal Telegraph
Company on condition that it shall contract
with the Postmaster General for the trans
mission of correspondence by telegraph and al
rates and in accordance with provisions elabo.
rately prescribed in the bill, and heretofore il
all essential features fully published.
. Mr. Crapin of n IT, Dresentad memorial
signed by the survivors of the Poloras expedi
ton, setting forth the privations which they
suffered on the ice foe during period of 1876
days, and that they are still suffering physically
and pecuniarily; that they were promised a
handsome reward by Capt Hall when they
shipped and that the German Government
gave the members of its expedition 81 ,00C
. each. They ask such relief as may be proper
} in the premises, and that the ExquimauX
Hannah and Joe be included in any measure
for relief. Referred to the Committee OF
Naval Affairs.
Mr., Sherman presented the petition of Mrs
Mercy Hall, widow of Capt. Hall, of the late
Arctic expedition, for pension. Referred tC
: the Committee on Naval Affairs. In presenting
I the petition Mr.. Sherman said he knew of NJ
l case which appealed to the sympathy of the
5 Congress of the United States as much as this
6 Capt Hall died in the service of his country
leaving his wife and children in destitute cir
IulIoIdHCSS' 1u0 p6JlUlOl 10 IllOlOISGu ny L IOl
Henry, General Sherman and other prominen
7 persons.
HOUSE.
3 Mr.. Poland, of Vt, indicated an amendment
, which he desired to offer, making it the dut,
z of the Secretary of the Treasury to retire anC
cancel as fast as practicable United States note
till their amount is reduced to $685. 900, 900
and then to allow to the national banks circu
lating notes without any limit to their circula
n AIItnhan Of ic nhar Of hI
: Banking Committee, took the ground that thu
I recent financial troubles we're not caused by al
= insufhciency of currency, but on the contrary
D that they would not have occurred if the cur
D rency had been on specie basis The fac
s that the currency was not at par with golC
g showed that the currency was not only not to-
small, but was excessive. He gave it as hi
: conviction that instead of increasing the issue
: of legal tender notes, the true remedy was tt
S be found in the adoption by Congress of
v fixed policy for the gradual withdrawal of thos
/ notes by funding them into bonds or by other
a Sc paying and canceling them.
= Bills were introduced and referred, including
= the following:
t BY Mr.. Bell, of Cato refund the take
t collected from distillers of fruit.
By Mr.. Merriam, of N. Y.-To provide 70
free banking, and to limit the issue of Unite
States notes to $400 100000
Mr. Wheeler, of N. Y, from the Commute
O on Commerce, reported back with amendments
y the Senate bill providing for the payment c
: the bonds of the Louisville and Portland Can;
O Company. Mr.. Wheeler offered an amendmer