National Republican. (Washington City (D.C.)) 1872-1888, 1882-06-17
CONGRESSIONAL PROCEEDINGS.
Tho Bank nII Ir tho scnatC-RIver and
Marbor nlII-PennIona.
Committee ports were presented as follows;

Committee ports were presented as follows:
BY Mr.. Ferry, from the Committee on Post Oflccs:
The Senate I'LL TO fix the compensation Of post
masters Of the fourth class. Placed on the CAL
endor.
by Mr.. Morrill, from the Committee on Public
Buildings: An amendment to the sundry civil APP
preparation bill, approprlating $4,000 ( models
OF bronze basso relieves for tho sides OF tho ter
race Of the Washington Monument.
melton to recall from the House the bill
which passed yesterday, relieving the estate OF tho
widow of the lac Superintendent Patterson, of
the Coast Survey. Cf $4,000 in taxes account of
the public services Of her husband was ncgatived-
was Democratic.
MIR Hoar Introduced bill to provide for the
performance of the duties of the Olice of Pred-
dent In case of the removal resignation, inability,
or DEATH both of the President and Vice. Presl.
dent 1t vests tho succession TO the Presidency in
the Members of the Cabinet In the ord III which
they werei named in Washlngton's Cabinet, be-
ginning with the Secretary of State and conclud-
ing with the Secretary Of the Interior, and ex-
clulcs Cabinet officers not previously confirmed by
the Senate. The bill was referred to the judiciary
Mr.. Blair introduced bill for the erection in
Washington ofa statue of Benjamin franklin.
Mr.. Slater called no the Senate bill authorizing
the Oregon Pacific Railroad Company to construct
bridges across the Willamette River, Oregon.
The senate took up the calender md consumed
the remainder Of the morning hour upon the bill
to rcapproprlnto $4,000 TO pay southern mail con-
CtoIs lor sorNlvc prior 10 the secession Oh lneir
The bill went over without action.
The Senate then took up the House bill TO ena-
BILE national banking associations to extend their
corporate existence, The bill was read for action
upon the committee amendment. The prOviso
inserted by the Senate committee to exempt
national banks from attachments and injunctions
ny the State courts was objected to by Mr.. Vest
who sai1 no could see no reason for the excmp-
ton.
Mr.. Allison, in charge of the bill explained II.
After discussion, the committee amendment was
voted down,-yeas, "a nays, "a. The Affirmative
voted " Nc" IN were reinforced by Messrs. Dawcs,
Miller of JalliUrnin and Mitchell.
MIR. Davis, of Illinois, and MIR. Malone voted
The bill was proceeded with up to the sixth
section providing thnt all notes of existing banks
now In circulation shall be returned, destroyed,
or cancelled, and new notes bearing different de-
vices and descriptions substituted for them MS
| they come in and are redeemed the banks to pay
the cost OF printing, cost Of new plates, &c. This
section, as passed by the House, provided that
whenever the old circulation was reduced to 8
per cent. of the capital stock of bank, the banks
| shall deposit lawful money for that per cent.
| amount.
MIR. Allison said 1t was the opinion of tho
evadc this provision could very easily do so by
laying aside portion Of its circulation and not
taking new circulation for the old. therefore
they were unanimous that the per cent. pro-
vision was an unwise one.
All The members, however, had agreed to the
general prop, sitlons of the section. They believed
that some three years would eiapse before the
great body of these notes would come In, under
the ordinary process Of redemption. and had in
serted three years period securing the neces-
| sary ime because, while an old note Is out q new
one cannot be issued, the latter being issued only
| as the old come in.
| MIR. Beck offered and advocated an amendment
to require the banks at the end of one year insel
of three years, to deposit lawful money for what
ever portion OF the old notes may not be I'm Mt that
| time. The amendment was rejecteJ-l3 to 81
Pendngthe bill, an Rejou nmcnt from yes erday
| until Monday was or Tered 35to 81.
| a. Mr. Npprhrps tho Of hn
| Navy was directed TO communicate the amounts
| required the pay ofotcers of the Marine Corps,
and unadjusted ca ms oil naval officers for mi cage
| III accordance with certain decisions of the
| supreme Curt,
The discussion up n the bank bill was resumed
| and continued upon minor Details whic in sew
eral inst nces, were perfected upon suggestions by
| Mr. Sherman.
| Pending motion for an executive session, the
| b II was laid over without action until Monday
| Messages were received from the President trans.
| hitting from The Secretary of State report con
| corning tie moke- abatement exhibition, held nj
| South Kens'nson. London, last winter. and from
the Secretary of War a recommendation for an ap-
preparation Of S2i 1884, for additions and alterations
| at Jefferson Barracks Missouri
After the introduction of several bills the Sen.
| ate adjourned until Monday