New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-03-03

brougM IN bill IN comparison With which PAudoras
Box and the Trojan Horsewcre smpe. inuoceut toys.
alarming the capital Of the country and interssrir:
with an manufacturing and producineinierests II was
thus country aud intelligent men on this noar rushed 10
nS T nsn as sroc sd ysa sS
came rom the mountains Of Andarsis rushed &c
ssa Ss sa s ,
a. is s q the tor ns
trouble under Gle Existing i sS ssysssrs cou
They would IKE to dood the country aaain With Wild.
the National banking system vas ths best thai could
Mr.. CARLISLE Dem. KyJ said the gentleman from
Maine mr. FRYE, had take. the ground that the ffth
seeking close up rs business. eould deposit lawful
money and IT'S bouds or ct least that there
the legal procession whether did not have that eject
That passed on the 14th OF July. 1870 and was
Large Under the farsysseond and ,ortshrd sections
Of the .. original Bans,ps law National bank
not permitted to deposit money and withdra~
Il. pn IN sG aei ' s y g %
law had reDsiDed In force until Juy, 1870 when this
National bank that desired 20 close is affair. 70 deposit
lawful money with the Treasury ana withdraw IT,
sae IN 3 force and gor side via
sections end 516o Of the Revised Statutes and the
Mr.. BUCKNER Dem, MOI said the National banks
S SnG f Fss' S SsSH'ssS
bonds and %dn the siDdns Of o. s0's rs
fore fore 'f IMPORTANT IN Ga s Ss% asss .s ss
ext By SoO o n Te saRns 9Ss
circaation rom 1875 70 1878 By sos 600 yet
afion to tho amount 900. creating pecunary
disturbances thrsnehout the country Was the House
banksi The fifth section was intended to curta that
Mr. CoNGER remarked that a simple funding bill had
been presented but BILL the very shadow Of which
" S e a no "Sep Ss e DE
desired close the last day OF its ib the House
esta Of the country iContemptuous msnfeststons on
the Democratic sidel BE did not wonder st the desire
lieved Of the fifth section Of the bill simple Funding
bill would created disturbance. II would have
passed Congress and become law and aided in the de-
ysopmen Of the great interests Of the country But this
people Is very threat advance was pre:ase 2, ruin
Mt rsI S'iaT 9s 'a Ss ss
responsibility of expressing the opinion that the NTH
business the right to do 50 By depostns lawful money
and Withdrawing their bonds There were, however.
people, and he proposed to remove them by supple:
meutary bill. He would move to suspend the rules and
t the ftn section never Intended to interfere with
fne good rsn a to retire from business to deposit
money and withdraw its bonds. There were thrss
by bringing IN It's own notes, by placing on deposit with
the Treasury reserve fund to be used In the redsmp
right Of the banks it was not proposed touch the
banks wanted than that, he was not In favor OF
de eem Sses
of order on Mr. Co6ger's amendment on the gro md
Mr. CONGER cOntended that the amendment was in
Mr. TUCKER defended the Ways ane Means Commit.
ee s as All e Conditions II to wS the
eman from Michigan. but that 1t had no control over
After discussion Mr.. SPRINGER withdrew the point
OF order. aud the vote being taken on Mr.. Songers
The Senate amendment was then concurred In. Fixing
the date q July This was the Las. Senate amend a. nd
on Ways aud Ms MSkost erea meu ne
shall Be Construed repssling ,G %Csi,yiDs;
or Gs a Rry,ss satnlss To vas ia
nays. 127 This the last amendment, and the vote
lie ives the Senate amendments all concurred in withous
The bill. after beng enrolled and signed BY the
Speaker goes 70 the President Tor his action. .,
Mr.. CARLISLE (Dem.. XVI then moved TO suspend
the rules and put on ITS passage a bill amending the
menIs proposed BY the Committee Ways and Means,
INCLUDING the Mckinley amendment M I1 ,o. .oond.a
yeas LAP; nays. II .,..., , a, uo,,s J.. .s-
cult TO "a attempt AT Democratic
legislation than was chosen IN the Funding bid and tHe
th would have business The effect had maB
Tested itself Wal Street But It equally true that
II was spreading all other business interests They
only from the shock because II had been
believed that the bill would never become law.
Mr.. cox Dem. \. " inquired II the Republicans de-
sired TO raise question between the banks aud me
people. but that the Secretary OF Tue
Treasury favored this very bill. We're the Republicans
assured To- the cOntraryf We're they dumOf
Mr.. PRICE, dumb. know that he IL not.
had 1t from his own mouth.
Mr.. COX said that he not and never had
been, In the interests Of National banks The
banks the OF the Government were endeayor
ing rule their creators. aud that could not be done
We are about die. Tie Democratic party down.
hut Will up again. All ask Is night for true,
honest tariff reform. l.aughterI Aud then FAIR
square fight for the against the monOpoies, anu
All hell cannot prevail against the Democratic party
Laughter. -,
Mr. CARLISLE took the floor TO close the debate. lie
had that the Funding bill would rum the
business of the country, jure them In any rrspct
warned the banks that when they haf once satlsnen
the American people that all value could be- distnroed
and all business deranged at their sovereign VIII ahd
pleasure, the DAYS OF their lives We're numbered lap
plause the Democratic sidr.I $50
rules then suspended AMI the Dill passed. 10
division being taken
The SPEAKER laid before the House the enrolled
Funding bill and 10 was signed by him.
Tue House then, at $50, adjourned ntli tomorroW'
NOMINATIONS.
WASHINGTON, March 2.-The President sent
I'm mi ha ia to.tla