The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1874-01-06

xLIII CONGRESS.
SENATE.

POSTAGE SrAMPs-MoRE FINANCE REsoLU-
TIoNS-THE SALARY BILL AGAIN BRoACHED.
WASHINGTON, Jan. ).
The Senate met at noon. Mr.. Carpenter
laid before the Senate the report OF the Sec
retary of the Senate in reply TO the resolu-
ton of December IL, calling for information
as to the amount of compensation received
by Senators since the organization of the
Government. Laid on the table.
Mr.. Edmunds from the judiciary Com
mittee, reported back House bill to repeal
the bankrupt law, with sundry amendments,
and recommended that with such amend
ments the bill be passed.
Mr.. CraCin. of New Hampshire, intro
duced a resolution requesting the secretaries
of State, Treasury, War, Navy, Interior, ana
the Postmaster General and Attorney Oen-
eral to communicate TO the Senate the num-
Der of officers and employees connected with
their respective departments who are fur
nished with official postage stamps, eltner
directly or indirectly, and il it is the custom
when writing to parties not connected with
the department for information TO enclose
an official stamp for prepayment.
Mr. Buckingham, of Connecticut. submit
ted a resolution directing the Finance Com
mittee, in order TO prevent the lnnatlon OF
currency and to meet the necessities OF gov
ernment to consider the expediency of re-
a
retarv OF the Treasury TO make temporary
loans and authorize the national banks TO
use the certificates of Indebtedness issued
for such loans as part of their reserve, and
also to provide for the redemption and can
collation. of legal tender notes equal in
amount to those which have been, or may
be- paid out of the forty-four million dollars
heretofore held by the Secretary of the
Treasury. Ordered printed.
Mr. Pratt, of Indiana, offered a resolution
H.. .l,x n 6lrnR~InU Finance
Committee to inquire whether the national
banking law should not be amended so as TO
prohibit stockholders and officers OF the
national banks from being concerned IN the
business of private banking IN or near the
locality of the national bank, whereby the
means of such bank may be employed TO
produce greater vote OF interest than that
allowed by law.
He also reviewed the legislation in
regard to the increase OF cOmpen-
safion. and said that Congress had erred in
this matter and should retrace its steps. lie
thought the bin should be repealed, and
hoped the demand for economy now coming
from all sections should be heard.
The morning hour having expired, the
bill was laid over and the resolution, re-
ported from the Committee on Finance be-
fore the holidays, declaring it to be the duty
OF Congress at present to adept definite
measures to redeem the pledge made by the
government for the earliest practical re-
semptiOn of United States rates in coin, was
taken up. Mr.. Bogy, of Missouri, addressed
the Senate. He thought the whole system
of legal tenders vicious and contrary to
sound financial policy, but the want OF the
country ard of his section particularly,
were so pressing that there was no time now
to remedy the evil. The country wanted
speedy relief. He thought there had been
an unequal distribution of currency. The
six New England States had received one
hundred and ten million dollars when they
a6 To hnt fhirtV-nfOG nllllOnS
The Middle States had received an excess OF
nine ,millions, while the Southern States
were deficient in their portion hfty-one mill
lions, and the Western States twenty-One
millions He advocated the reissue of the
fortv4our million legal tender reserve and
an additional issue of fifty million dollars in
legal tenders and an issue OF twenty-five
millions in National Bank notes to Western
banks.
The consideration of the salary bill was
then resumed.
Mr.. Pratt, Of Indiana, offered amend
,ment that Senators, Representatives and
Delegates of the Forty third Congress, who
have received their compensation since
March 4, 1873, at the rate of 81 800 per annum,
shall hereafter be paid in sach monthly in
-stanments as will make aggregate for the
whGle Congress at the rate of $1,000 per
ann9m.
Mr.. Logan, of Illinois, was opposed to any
change in the present compensation.
duty to undo, as far as in his power, the Law
increasing the salaries and the effects
thereof
Mr. Morrill,, of Maine, opposed the amend
snent. He did not believe that Congress had
the right to exercise that power. He favor
ed the repeal or the bill and SHOULD vote for
it, but would reject AL other propositions.
The chair laid before the Senate message
from the President transmitting the cores
pOndence ia regard to the NirgiRius, which
q -. foI
Mr.. EdmunGs, of Vermont, said he was in
favor OF an absolute repeal of the salary bill,
and further t. reimburse the treasury fOr
all the money taken ont under that bill.
Mr.. Wright. OF Iowa, gave notles that to-
morrow he wC0ld endeaVor " press the sal
ary bill to q vote and hoped Senators would
remain until the matter was disposed Of
Senate adjourned.
INTRODUCTION OF BTLLs-RELATIoNss OF eAPI-
tai To LABOR-A UNIFORM CURREN, "Y- MR..
BUTLER WOULD REGULATE THE Sc RVIcEs
OF CUSTOMS COLLECTORS-REDUCTIC ~ OF
THE ARMY AND DISCONrINUANCE OF WORK
on OBSERVATION-DISCLOSURES OF TIE
SUPPLEMENTARY CIVIL RIGHTS BILL.
WASHINGTON. Jan. 3
The Speaker proceeded to call by Stat, 4
for bills for reference only. Under the call !
a large number of bills were introduced and
referred.
By G. Il. Hoar, of Massachusetts,, for the
appointment of commission of three per-
son on the subject OF wages and hours of
labor, and division of profits between labor
and capital in the United States, and the
social, educational and sanitary consolids-
tion of the laboring classes, and how the
same are affected by the existing laws, regu-
latlng commerce., finance and currency.
By Mr. Killinger, of Pennsylvania, for
Uniform system OF railroad transportation in
the United States.
BY Mr.. Beck, of Kentucky, to provide
uniform currency, and for the retirement OF
national bank notes and the substitution OF
the 3-65 bonds.
By Mr.. Arthur, of Kentucky, repeal OF
acts imposing taxation on State banks aud
bankers.