Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1882-06-17
United States Senate.

ters extension bill was read for the first time
upon committee amendments.
The proviso inserted by the Senate COM
mittee to exempt national banks frora attach
ments and injunctions by a State Court was
objected to by Vest, who said he could see no
reason for the exemption.
Allison, in charge of the bill, explained
that the extending law gives the United States
Courts sole jurisdiction in relation to these
giving the State Courts jurisdiction. The
Senate committee had merely inserted in
this provision o proviso that had existed in
the national banking law since it's creation.
Sherman said the bringing of suits against
banks in State Courts was not interfered
with, but merely the issue of an arbitrary
process against failing bank, for which the
national banking law points out q different
mode of procedure.
Vest replied that the different mode ap-
piled only to cases of bankruptcy. The
House, in obedience to popular demand,
had adopted the principle that q national
bank is not an institution foreign to the State
and its people.
Jones of Louisiana, controverting the
statement that the purpose of writs of in
junction, as applied to national bank, is
merely to marshal or protect the assets,
stated that in nine out of ten cases it
was used as a means Of defense to prevent
some illegal or tortuous act. He moved to
strike ont the word "injunctions from the
exemption proposed. Agreed to.
The committee amendment was voted
down-ayes "a, noes 27.
The affirmative vote was wholly Republi.
can. The Democrats voted no,- and were
reinforced by Dawes. Miller of California and
Mitchell Davis of Illinois and Malone
voted ave-
The bill was proceeded with up to the sixth
section, providing that all notes of existing
banks now in circulation shall be returned,
destroyed or Cancelled, and new notes, bear
ing different dates and descriptions, be SUBJ
stituted for them, as they come in and are re-
deemed.
This section, as passed by the House, pro.
vided that whenever the cid circulation was
reduced to five per cent of the capital stock
of the banks, the banks should deposit law
full money for that amount.
Allison said it was the opinion of the
Finance Committee that bank intending to
evade this proposition could very easily do SO
by laying aside portion OF its circulation,
and not taking new circulation for old there
fore they were unanimous that the per cent.
provision was unwise. All the members,
however. had agreed to the general PROPOSE.
ton of circulation. They believed that some
three years would elapse before the great
body of these notes would come in under the
ordinary process of redemption, and had in
serted three year period as securing the
necessary time.
Beck offered an amendment to require the
banks, at the end of one year instead of three,
to deposit lawful money for whatever por-
tion of old notes may not be in by that time.
Allison objected that this would necessarily
involve large contraction of the volume OF
paper money. 1t was possible that after
authorizing the banks to put into the treasury
lawful money for their circulation, and hav-
ing thus caused the withdrawal of the legal.
tender notes now part of the circulating
medium, the Government would be con-
fronted with large contraction within the
next six or nine months, perhaps to the
amount of $4,000, 000 The committee had
in every amendment made provision bills to
guard against this.
The amendment was rejectsd-23 to 81.
After short executive session, the Senate
adjourned.
House of Representatives.
WASHINGTON, june 10Th. = The House
went into Committee of the Whole on the
river and harbor appropriation bill.
There was no interest in the proceedings
for several hours, and the amendments were
all voted down.
The clause appropriating $3.50, coo for the
improvement of the Ohio river caused a
long discussion, but it was agreed to.
Springer of Illinois moved to strike out
the paragraph appropriating 100000 for
reservoirs at the headwaters of the Missis.
of local and not Federal importance.
Pending action the committee rose
Blackburn of Kentucky, from the Com.
mittee on Appropriations, reported back the
Military Academy appropriation bill, with
the Senate amendments, recommending con.
currence in some and non-concurrence in
others of these amendments.
The report was agreed to.
Hiscock of New York, Chairman of the
Committee on Appropriations. reported q
joint resolution appropristing S33, 900 to con.
tinue the work of scientific observation anG
exploration near the shores of Lady Frank
lin Bay and at Point Barrow, Alaska
Passed.
Recess.
A Senator Loses His Temper.
NEW YORK, June 16sh.-The T1.i5une's
Washington special has the following on ths
interview between the Postmaster General
Senator Van Wyck and Teller yesterday:
When the Postmaster.G eneral had con,
cluded his catechism. Senator Van Wycb
turned upon his questioner and said: "This
accounts for the delay, does it l want tc
know ii you intend me to understand thai
because vote according 70 my convictions ir
the Senate, my suggestions are to be uuheedeo
by this Administration Is that what yor
mean? Ii it is. tell me so plainly and viii
never darken your doors again. l want tt
know the fact, SO that it may be known tc
my constituents that simply because of my
votes in the Senate their representative is tC
h., n al oil a. -. H. is
under this Administration.
Why" interposed Teller, "that's whai
Hayes did for me, because 1 didn't support
his nomination"
And, shouted the now INDIGNANT Senator
Van Wyck. you called him a dirty sneakins
losfer for it, didn's you? That's what my
opinion of this Administration is, if this is
specimen of its policy. How is it with youl
denartment?" addressing himself to Teller.
want to know sill about this thing. We
are interested in few Land Offices in oul
State Am l to come and see you, or stay
away ?"
Teller, who was leaving the room, rel lined
"Oh, come over ana see about them, by al
means"
Turning again to the Postmaster. General
| the irate Senator csn'inued: $50 you keeE
spies upon us, Go you aud you take the wore
| of sneaks who violate their oath, and CONT
here to lie about me? That's another reason
why / want the executive session abolished
L tell you there ia 10 need of any spies upoI
me. All do is open and above board, ane
you may know all about it by asking me-"
With this the Senator bade the Postmaster
General good-morning, and departed.
Postal Matters.
WASHINGTON. June 16.h-A Postofict
has been established at Calico, San Bernar
| dino county.
The Postmaster. General has direct tha
the service on the route from Santa Ana K
| San Diego be curtailed, to end at San Lui
Rey. and the curtailed service to begin a
| National City.
| The following Postmssters have been com
| missioned Samuel w. Bsckus, at San Fran
Adolphe Bejeger, at Arrsyo Grande; VIM
| L. G. Soulet at Calico; John f. Pounds, al
Pounds Springs; Samuel Martin, at Point
Keysalamm l.. Stacey, at Newport.
The Tariff and Utah Commissions.
WASHINGTON, june 16th-The Presiden
has nominated Alex. 4. Boulder Of Yves
| Virginia and VIM. H. McMahon, to fill the
vacancies of the Tariff Commissioners. III.
has also nominated ex Senator Alex. Ramsey
of Minnesota, ex-senator Paddock Of Ne
braska, j. +. Godfrey of Iowa, Ambrose B
| Carlton of Indiana, and James r. Pettigrev
of Arkansas, to constitute the Utah Commis
| sion.
! Ex-Senators Ramsey and Paddock had M
| prospect of re-entering public life in their re
| spective States, and they are well provided
for. The salary of the Commissioners i
| $1,000 each, and the job will last until Uta!
Is admitted as State. Goodrey, the thirt
Republican member of the Commission, i