National Republican. (Washington City (D.C.)) 1872-1888, 1882-05-20

Mr.. Townsend, oil ONO, introduced bill to
establish u board of commissioners of interstate
commerce as bureau OF the Interior Department
Referred.
The House then resumed the consideration ofthe
bank charter extension bill, the pending question
being on the amendment offered by MIR. Grape us
as an independent section, as follows:
That no national banking association, now or
ganiaed or hereafter organized, desiring to with
draw its circulating notes, upon deposit of law
full money with the Treasurer of the United States,
as provided In section Of the act of June 90 1874
entitled "An act fixing the amount of United
States notes, providing for redistribution of the
national bank currency, and for other purposes"
shall be required TO give ninety days notice to the
Secretary OF the Treasury OF its Intention to deposit
lawful money and withdraw its circulating notes |;
provided that not more than S5,OO00OO Of lawful
money shall be deposited during any calendar
month for this purpose; and provided, further,
that the provisions Of this section shall not apply
to bonds called for redemption by the Secretary of
the Treasury; but when bonds are called for re.
dempliou, the banks holding such called bonds
shall surrender them within thirty days after the
maturity oftheir call.
Air. Jones' of Arkansas, moved TO amend the
amendment by inserting sS,OOO0OO in lieu OF
Kejtcttd-yeas, 90; nays, 1OI.
MIR Grapes amendment was then adopted with
out division.
amendment providing that, ON the deposit OF
bonds, the association making the same shall be
entitled to receive rom the Comptroller of the
Currency circulating notes equal in amount to 30
per cent of the current market value, not exceed
Ing par, of tho United States bonds SO transferred
and delivered. II further provides that at no
time shall the total amount of such notes issued
exceed 30 per cent oil the amount actually paid in
OF capital stock, and repeals sections 5l7l and SIG
of the Revised Statutes.
Mr. Crapos amendment was adopted-yeas, 100
nays, 81.
sdered pending, and then lat 4;25) the previous
question was ordered.
Mr.. Morrison Offered an amendment providing
that Congress may ut any Time amend, alter or re-.
peal this act and the acts OF which this isamcnda-
tory. Adopted.
been printed In the Record, and were successfully
voted down without being read, the Speaker
merely indicating the proposition by the name OF
the member Offering IL.
Mr.. Murch then moved to lay the bill upon the
table. Lost-46 to l0i.
Mr. Buckner moved to recommlt the bill to the
Committee on Banking and Currency, with in
slructiOns to report back some measure by which
the power of the banks under all circumstances
shall be restricted from causing an undue con.
traction or expansion of the bank note 'circula-
ton. lOst-il 10 l0l.
The bill was then passed as amended-yeas, 1875
The vote was as follows:
Yeas-Aldrich, Barr, Bayne Beach, Belmont Bing-
ham, Bliss Brlggs, Buck Burrows Of Michigan. but
penier Cnswell, G Chase Gnoyingiop, Grape Cullen,
DHys OF dhos DnMvs 9Sd iE psnSIe Desl9s
Isvlns, karwell OF Iowa, Flower; Garrison, George,
Sew York, uaydenbergh, Harris Of Siassi.chnsels,
Harris Of New Jersey Haskell, llellman HendelsOn,
jacobs, Jadwin, Kelley, Klolz Lewis, Lord, Lynch,
Mason, Mcclure, McCoid, McCoOk, Mckinley, Miles,
oNe ortH, Parker, Payson, Peee, Fierce ei PeIii
bone, Phelps, Pound Prescott, lannVy, KAY, Rice OF
ohio, Hice of Massachusetts, kch, Richardson Ul
New York, Richardson Of south Carolina, Richie,
RObesOn, kObinSOn Of Massachusetts, NODrsOn OF
Ohio, Rosa Russell. Ryan shelley, Snultk skinner,
f SUmp ~ ow sp2RRS a sff9S sf
Ohio, Tyler, updesraif % onlo, updegrnTof Iowa,
West, While, Williams OF WiscOI,sl tlfiiets, " A.
MSSGS --Sessr Niken Anaerson, Au,Ins Ralz-
hoover, BlAnd Bount, hrunin, Burrows OIL Missouri
Cabel Caluweil, cassidy, Cardy, clarke, Clements,
Cults Davis OF Missouri, Dunn, Finley, Ford, FOrnpy
Geddes, Guner hammond Of GeOrgIl, Hazetine,
OF Arkansas, Kuuna, Knott, Lldd, leevTe, Marsh
Mason, Mckehze, Mcmillan, Money, Morrison,
shackel0rd simonlon Singleton OF Illinois, single.
ton OF Mississippi sparks, Springer, sloekslager,
Thompson Of konIuG,ky, turner q Georgia, Rurner
Williams OF Alabama, and Wilson-B7
There were a number Of pairs announced, but
no statement us TO how the members would have
Hewitt Of New York and Keteham who would
have voted in the affirmative, with Messrs. Willis
and Buckner, who would have voted in the mega
tive.
passed appropriating Sl0OOO,O0O 10 supply de-
hciency in the appropriation for Army pensions
The Speaker laid before the House u cOmmu-
nicatlon from eX'SeTgeant,at-Arms Thompson,
bouTn VS., j. q. THOMPSON, and asking that his
communication be referred 10 proper committee
IN order that such action may be taken by the
House as the eNigenCy Of the case may require
Referred 70 the Committee on the Judiciary.
Mr. Calkins gave notice that he would call VI
today the contested election case Of Mackev
VS.. O'Counori and the House then Cat 5l5) adj.
journed.