, 1881-03-02
IN Interesting Skirmist Over lite Qucs-
tion Of Extending Bridge
Charters.
Inv gould's Name Prominently Men-
toned in Connection with the
Alleged Job.
seusnapcr Comment Finally Arouses tho
Committee Having In Cllnrgo tho
Anti Pool Dill.
Action on the Subject Of Senatorial Appor~
tionment Dcferrod-0ther Matters .
Of Interest.
SENATE.
T1tE SArioSAL-NASil QUESTION.

SEN ATE.
T11E NATf0SAI.-HASN QUESTION.
Special Dttpatth to The Chicago Tribune.
sr,uSaF1Etn, Nnrcll 1.-The Senate con-
reued Mt tic usual hour. Only one pr two
Senators werc conspicuous by tllclr absence.
rhr first business OIL tho dncket WIS the con-
.I,etatfon vf Senator Slinw's resolution on
lie Natona! banks and tho monetary
,trlngeney. which is MS follows:
wuEuEAs, Tho Nnt!o,1ul baslks in tho Unitetl
stprs arc fetktiiE to dictate tu tic Ccnxrrss Of
Tho Uuflctl ttalGs 0n Entfers nf leyislMttoil
touching tho rcfnnulNE Of tho National debt,
t,1lngcney III tho nsney market, In Initiation of
tle oil Unte,' States linns during tho Adtninss-
h1tion ot President jackson: therefore. ~,
noi,, tho tfUnsc 0f REPRESENTATIVES. f0nclirrlt1E
atrei, I'tut ulr Se1lnsara III CnIiKreaa bu In
Il,uctrd nilsi otIr !tapresentMtiycs requested to
taHu isn i'll s!lppurt OF sneil 1ep!alntlOn oil tho
IuIjCct nf Funding tho EntIonu debt as they
msy deem just md .e'l,l'tab!o. regats!ess Of tho
eamor threats, nnd Attempted Intimidation Ut
Tho National bnnks.
Senator Marshall took tho floor and traced
the legislation IN Congress oil the Funding
bill. The question WIS whether tho present
measure should pass or the National ba,Il:s
b. bcmrnllttc,l to win OIL account of the trouble
Mcy lIaye occasIonet
IN WALL. Ev1lEET.
Eyery frentl 0f tho welfare Of tho United
States wanted to sec the bill pnss. THIS M
toual banks, tho most powerful corporations
III Thu Cnttetl States, wuHtctl to defeat tho
blll They had grown rich under tile protcc-
ton Of tho Government. The speaker wlrs
e'ad tho banss hal, by proving themselves
o5struetion!sts In the way Of honest lcgssla-
ton,
SHOWN THE crovEN FOOT,
and proved themselves vamplrcs OIL the COM
munlty. There wRs no eXcttsG for The indie
cent haste they Ind manifested III causing n
panic III retiring their circulation. Tl1 orig
nal law required National banks to retire
their own currency. 1,y I'LL amendment tllat
duty WIS deyolvctl on the Secretary Ut
tAo Treasury, who WINS thus lnntle
tho fiscal agent Of these ilsonopnlies.
Tie present bill wisely rcGnacts tic original
law 1T that respect.
Senator Shaw defended the Funding bill
H'englh. Tile banks desired to create a
ssflngency IN tho money Ilarket. They rs
swift as the ligltning's flash contracted their
circulation and brought on apnnlc. Thispowcr
Should DO taken away from them. Tie Gcll-
eral Government should lot be compelled 10
at Us tho agents 0f tho banks a,ld bring ruin
Oh tho country. The Legislature owed 1t to
themselves, their constituents, md to tho
Hehclal Government to express themselves
llat lilo Congress should stand firm mil pass
''sc Fun'!ing bill promptly, anti thus l,rovu
sat tEerp bo no tIallying OH the question.
senator Campbell moved to retor the reso-
ltoa to thu Committee on Federal Rola-
tlons,
Senator He'll presented an amendment to
le effect that sl,cll,u,nnlintso Nat!onal-bnnls
et.atfency us bo retired sl,nl bo duplicated by
tae Issuing OF leSal-tentlcrs by tho General
government.
Senator Whiting favored tho reference, II
Il was desired to l:.ss thu resolution. II It
was anhe for sinister motives no should op.
pos1 tin reference.
senator Gallon sn1tl the only point WIS
seoall Congress be empowered to protect
a's country, aud not permit this ruinous con
"4'uoh of tic currency. 1t WAS Il bold
a'seat sltat tle' lnnks lnatlo 10 Congress
sl'.aally compelling TINT bndy to bow down
- ~. me 'mannlun of wealth md power. Il
WY WY not party question. 1t was
-, general Importance Tho bnl,kt
sns sM 1el9rt' slt,0ol.oo3 Ut circulation, aud in
d %''a way Threatened Congress In their Gil
ua' nra'ors for tle public gonll. They slouis
. ,m ~ permitted to lay tho blame ut till
/ s'anf s"s ~ Congress, but tho banks Should
'.he'd responsible themselves.
oe'A'lhr ttIce showed tho necGssity for tit
.vt sv'Na'lol' of Nn,onal banks. Tin bunkEnf
ti. ,sN'A "ss tho best OH earth. Thorn was
,''' ''"c "',cn 1t was not BafU tD kemp hank-hil
Ta, ~ hlsht Tor fcnr tic bank would full
s'"tt u'e pEeavllt 1nw tho circulation WIS
,s"te' Ille tenor 0f tllu discussion In.