New-York tribune., 1874-04-15

Criteadn KilHnler, Ro5bias, foaN0lG~hIh'
the next vote was on an amendment offered by Mr.
FOSTER ep oho) providing tnat e.oo doo Hoe
legaltender notes shah be redeemed ana canceieu 70
the extent o 70 per Ge notes Shall be reduced
to s3OOooo0OO. The amendment was rtJeccu 1O'
Tae question then required the bin reported by the
Committee. IL ordered TO De enErosS3d anu iUa
third time, without the Yeas ana Nays. Ihe nouse
tnen proceeded vote on ITS passage. Ihe Dill "dS
passed, Yeas, 100; Nays. l6. 80 $1,000,
The following ; the text Of the bill as passed:
secured by pledge United State bonds and provide o te
t year Is6i be SO smene several scaon therein pro.
% oI snail no; Sss be 1.c5 Cs S % Iaa amount Of der respective
tons 9a Tie 9oEey 9a5Sd% 10y S st S o dSo 10 al respects as
Ssc That section said ac: and the several amendments
thereto far as they restrict he aoSnI 0 so and hat seeton
qnSff m iad sS, @ % sS 1 s A m 10 cae for the redemption
the three per e5,g Loan S5 30 $50 be snend Sy Tep
ing the second pvsO said section contained snG Tue ] aS a1y %
An act to amend an Ss md 70 Proye for the ercaston
and redemption thereof approved on he 80 Of h1Iel m ] o SS & %
which the act last Aforesaid Is an smenoen De- anu 'he SHe '
SIC That every association oraar to be ORGANIZED ude, the
provisions @ in the several acts in amendment tho W
se s 'Y IN iss moSy Of lie Uad States equal 70 Eve pc,
nur clrcaston be held and used only of he I1emlon
cuacn the eeas9e notes Of ,q'9 "a ASSOCIATION
associations hs be presented assorted or T % % G
at Treasurer United States the same ba Be eisemed I'm
Cor Of the Currency to respective associations issq.
III, ss f a,T Of s, 19@ Month ' OF tfs ea % E.
Of such redemption yheIeapon eash 1ssGS st,e 20 @ IN
the qf m circulating - nGis. sS M Re
circulating redeemed If won uuaie or deaec new noes %
s Of 3 associations shall ien6ne Treasury tie cOsts q
and Of 1Pp6g nT @ o 's seyey to the
engraving and printing Their creaea no @ aa
Standing and cuaon any sh not exceed the SUN Of
SIC That anv association under this act orsny Of The
which this lnenlmett desiring % "LlIs% I % r C
M meaning oi sad aet Of not less than slOOOO with ne
S5, ss.sI o. i {5 IL p for ucb ercuon and be shah
cancel ard DESTROY an aTSgn, o. 1nd sSe & bonds HO
S5S ,, a, ,, SSHa Se .a "a s1% sSs ir its
within its own vaults at ,Le p1se ss TnSis 5 f b sa sections
or permitting ans associations portion
lawful reserve esegeIe th1n IT., own H" own sssi . i
ilsG except PrOded r IN this s'' are hereby
Tia, a ,ssaG, , Po ss aa s ss f es:a % Ss1iy! @s
meS OF SePos for feieGpuOr there shall be printed
prescribe numbers Of the associations by which they are
ieyeralY Issued
Mr.. BUTLER (Rep, Mass) then moved to proceed to
the business on the Speakers tane. Carried;
The first business Oh table veto of private
bin The veto read and referred TO the Committee
Various other bns and Executive communications
were taken up and referred 49,, c.
reney acts and establish free banking was reached
Mr.. G. F. HOAR iRep Mass made The point OF order
that il must receive first consideration IN Committee
OF the Whole for the among others, tina. 1t was
a bill 10 increase the public dent.
Mr. GARFIELD (Rep., OhiOl made the additional
point the rule provides tnat no notion or PROPOSE
ton for tax, or charge upon the people shall pe dis-
cussed the day IN which " Is made or onereh
| The sPEAKER-Tne Char agrees with the gentleman
from Massachusetts, and the gentleman FROM ono that
bill liable to the objection that u does not itself
contain charge or tax on the people u s amenda9le py
such proposition and that If does increase the legal
tender il increases of course the obligations OF
the United States and 10 mat extent liable 10 the OBJ
that tins bill originated IN the Senate anc 1T be
10 the objections urged by them the senate could
| not have originated it,
| Mr. GARFIELD-Then raise the question that IL is
not properly here and should lie returned 10 the Senate
| The question ~as put whether the House should so
declare, and il was negatived-Yeas, &c Nays, l79.
MI O. F. HOAR then made the point OF order that the
bill required expenditure OF money for tue printing
of National bank notes and that therefore under the
rule, the bill must fret be considered IN Committee OF
the SPEAKER overruled the point OF order because
the expouse was 10 deducted from the banks, and
was not to be charge on the Treasury.
vous question on the passage OF the Senate BILL and II
| was recorded-l2l 70 30.
The hill was then passed-Yeas, lfC5 Nays l02 The
text OF the olll is as follows: .....
Tbs, he maximum United States hereby sI.d at
SIC e. SAC 600 600 ercula,ou in addition
sOh circulation sosed shalt is'ue National banking
sot circulation shall he distributed the seve ssits
a. gIoe - sseCh o. the act An act to provide 'SI toe
increase Of National bnt notes approved July ~ 1870 and each
iIeo sbk teep ane MAINTAIN part Of Is required BY
openrb part received
depos only oreufth uov Jr,
,epbsd By law er Ncba hah5 a,scsons small consist Of bsi
sg no,es frOu association, nbe sne'o redemption and
The status Of the whole question now is that, while
the House bill has 10 await the action OF the Senate
which may or may not he favorable or may be delayed
indefinitely, the senate bi goes directly TO Pres
| dent for bis signature.
The House then, at quarter past fve O'Clock ad-
lourDed. .. r....