The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-06-11
GENERAL WASHINGTON DISPATCHES.

WASHINGTON. June TO- 1876
SsuE OF SILVER coIS-THIarY MILLIONS TO
BE ADDED TO THE CIRCULATION
In the House to-day Mr. Cox, ldcm.) OF y. Y,
chairman OF the Committee ON Banking aud Currency.
having called Mr. Sayler, OF OHIO TO the Speakers
snair reported tho following bill
That the Secretary the Treasury under such limits
md regulations Will best secure Just and fair dis
tribution throughout the country may issue silver
in the Treasury to an amount not exceeding
GEO. IN exchange tor an equal amount Of legal
tender notes. and the notes received IN exchange
shall be kept as special nd separate and apart from
AL other moneg tho Treasury and he issued only
npon the retirement and destruction OF IKE sum OF
fractional currency received at tho Treasury pay
OF dues to the United states; and SAID fractional
currency when substituted, shall he destroyed and
ncd part Of tho sinking fund, provided in the act
approved April IL, 1876
He presented the following statement ct the amount
OF silver issued up date For the redemption OF lrac
tonal currency IS, 14i, .55; tor the payment OF cur
rency obligations, s3,35243ii total ss,49'.lco.
Amount on hand with assistant treasurcrs, &C.,
b50l l94. Ordered from United States mns assist
trcasurcrs and dcposartcs, 81, 10000. He SAID
that the demand Tor change was very great and that
relief inperatvely demanded by tho banks.
the people and the manufacturing interests. II
Almost impossible to obtain change, either silver or
fractional currency 10 meet rolls OF manufacturing
Establishments lie moved tho previous question:
which. beng seconded By 50 to So, the main question
Tas ordered and the bill passed.
Mr. Cox. of New York, from the committee,
reported tho following bill, originally introduced by
hr. Randall, Of Pennsylvania
That addition the amount subsidiary an,hor-
s n aw 70 20 ,sned ~ be redemption .. fractional eur
aad ,ue through he Treasury and its several occs such
coz. t. the an'onn, q Tinuoo ,,,.
shM n purchased from tms u Time a. the market rate ~
nj nppropracd the resulting coin may he
ssnsd y ne ordinary disbursement O. The Treasury Or IL
Ia d
nuhon asi be made under this act when the iarkc,
snd issue ssehags herc,a provide without loss tho
ar shabe accounted or and paid into The treasury as
pvd under existing laws relative subsidiary coinage
vested IN such silver bullion exclusive Of
That trade dollar. shall hereafter be legal
nnd H. Secretary e the Treasury Is hereby anthor
ar amount a he may deem sufficient TO meet the export de
Alr. Reagan dem.) Of Texas, moved TO strike out OF
the second section the words, exchange legal
tender notes at par: also to strike words,
exchange" Tho amendment agreed 10. and the
bill as thus amended was then passed without d.
vision
ILLNESS ov spEAKER KERR.
Speaker Kerr. after riding out yesterday morning,
suffered all day and last night rom darrha but this
morning he is considerably improved and will pass il
few days at the Rivcs country seat six miles from
Washington.
TIE COMMITTEE EXPECTED TO FULLY ExoNER-
AJE HIM.
Representatives Clymcr Blackburn and Danford
have agreed to report FUZZY vind!catng Mr. Eerr from
The charges made against HIM By Harvey. Mcssrs
Eobbins and Bass The other members OF tho commit
lee, absent from the city hut their colleagues en-
terrain doubt whatever OF their concurrence in tho
undng The case WIN probably not be formally closed
until their return, especially other witnesses hero
oiorc summoned have not yet he examined among
ihem Mcssrs. George Bliss, William :. Daring, Abra
Dam Wakeman and John l. Davenport, who
moned yesterday