The New Orleans Democrat. (New Orleans, La.) 1875-1876, 1876-01-06

Banking and Currency Committee.
Mr.. Wood had read the remarks OF
Mr.. Cox on the rule creating the
Committee on Banking and Cur
rency, to show that when that
committee was formed 1t was not
intended by the House to give
1t the charge OF such matters,
as the grecnbacks which were, he said,
but the cheeks or non-interest bearing
debt OF the Government.
Mr.. Garfield, OF Ohio, said this gues-
ton came up every session, and the
reason was there was real collision
between the two committees. In one
sense the greenbacks were debt and in
another they were currency. He hoped
there would be no bitterness on this
subject let the resolution be followed
in the matter OF reference.
Mr.. Springer 1ll) introduced bill
to repeal the tax imposed.upon bank
checks. Ways and Means.
The call resting upon Illinois, a mem-
ber from that State offered the resOlu-
ton drawn by Mr.. Cox, which was, that
In the distribution Of patronage under
those duly elected should regard the
old Jeffersonian test, "to be honest" F"
Is he capable? Is he faithful? And
that peculiar emphasis should be given
to this Democratic doctrine. Usughter.)
The resolution was adopted.
Mr.. Caultleld, OF Illinois, offered q
resolution directing the Committee on
Public Buildings and Grounds to in
quiro into the charges made In relation
to the construction of the Chicago Gus
tomhouse. Adopted.
Also, a resolution directing the Com
mittee on Accounts to report TO the
House what committees should be en-
titled to employ clerk. Adopted.
The House then, at A p. M, adjourned.
The following Is full text OF the bill
introduced by Senator Morrill,, Of Yer
mont:
A bill to further provide for the redemp-
ton OF United States legal tender
notes in accordance with the exist
ing law.
BE Il enacted, ETC., That to further en-
able the Secretary OF the Treasury to
provide for the redemption OF the legal
tender United States notes, in accord
ance with existing law, he is authorized
to issue, sell or dispose OF at not less
than par in legal tender United States
notes, either OF the descriptions OF the
bonds Of the United States, bearing
interest ut q rate Of not exceeding Al per
cent per annum, as described In the
act OF Congress-, approved July
IA, 1874, entitled Can act to
authorize the, rcfunding Of the
national debt" with like qualities,
privileges and exemptions to the extent
necessary to carry into full effect the
act Of Congress, approved January IA,
1875, entitled an act for the resumption
of specie payments, and to use the pro-
ceeds thereof for the purposes afore~
said; and the said legal tender notes so
obtained upon the issue OF said bonds,
Of the final redemption OF said notes
provided for In the act of Congress
herein last mentioned, and shall
be treated accordingly and cancelled,
provided that the principal OF the
bonds herein authorized may be made
redeemable at any time not less than
thirty nor more than forty years from
the date Of issue.
Sec. 2. That all contracts entered into
or made after the first day Of January,
1878, shall be payable in accordance
with the legal tender standard Of gold
and silver, unless otherwise provided at
the time OF the contract
Sec. 8. All National Banking Associa..
tions shall be and hereby are required
to hold it rs part OF their lawful money
reserve on and after the first day OF
January, 1877. one-fourth; after the first
day of January, 1878, one-half, and after
the FIRST day OF October, 1873, three
NEW YORK,
New York, Jan. 5.--A st. Albans dis
patch says the evidence Of identity OF
the boy held there with the missing
Charley Ross Is accommodating. Mr..
Hall Stanton, OF Philadelphia, and
others have expressed the conviction
that he is Mr.. Ross long lost child.
Mr.. Ross himself, however. Is not in
clined to believe IT, The child's errors
in naming persons are explained by his
long separation. He says he could easily
find his home in Philadelphia. He also
mentions many familiar domestic incl
dents which . stranger could never
think OF. Mr.. J. J, Kenyon, from Ger
mantown, yesterday put TO the BOY q
series Of questions, and afterwards de.
clared himself fully convinced that he
was Charley Ross and no other. II he
is not Charley Ross, it is thought he
will prove to be either the missing boy
Blanchard, or George II. Davis, Bos-
ton waif. missing from the children's
Mission in Boston since September last.
A Paris special says: Mrs. Thomassen,
widow of the Bremerhaven dynamite
assassin, has delivered to the Berlin
authorities the yolumipous correspond
enee OF her husband.
An Albany special says there is every
prospect Of an early repeal, by the Leg
islature, of the Gray nun act. which
grants distinction to graduates OF q
Gray nun school, conceded to graduates
of no other seminary or institution in
the State. This act has been the cause
of much bitterness in State politics OF
last campaign. A bill for It's re-
peal was introduced in the Senate yes
terday.
A Paris dispatch says: Queen label
lag illness threatens fatal results.
ALondon dispatch says: Tom Hughes
has finally decided not to visit America.
A quarrel occurred between the Hon
Mr.. Cane, British Commissioner, and
the Khedive, which was the cause ol
the failure OF Canes financial mission
to Egypt.
The Graphic's Washington special