The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1884-02-14
NoM1NArIoN REcoMMITTEp.
xLvIIIth CONGRESS-.
WASHINGTON, February 10, 1884.
SENATE.

SENAlE
The Chair announced the affXing OF his
signature to the House joint resolution
relating to the Greely-relief expedition.
Mr.. Hale. from the Committee on NavaI
Affairs, reported unfavorably, and moved
the indefinite postponement OF the resolu-
ton introduced by Mr.. Mcpherson, limit.
ing the amount OF money to be expended
by the President on the Greedy expedition
to S5C0,000. Indefinitely postponed by q
vote Of % TO 20.
Mr.. VOORHEES, offered a resolution, which
went over until tomorrow, directing the
Secretary of the Interior TO withhold for
the present his approval of patents or GER
tificates for lands selected by the Northern
Pacific railroad in lieu OF others said to
have been paid the company under the act
OF July. 1864. The preamble to the reso-
luton sets forth that the rights OF settlers
might be iniuriously affected by such APP
proval.
After the consideration OF some private
bills the Senate at O'Clock laid aside the
unfinished business OF yesterday in order
to take up the special order for the day,
being the Mcpherson bill reported by Mr..
Bayard from the Committee on Finance to
provide for the issue OF circulating notes
to national banking associations.
The bill provides that "upon the deposit
OF any United States bonds bearing inter-
est in the manner required by law any ma
tional banking association making the same
shall be entitled to receive from the Comp
troller Of the Currency circulating notes OF
different denominations in blank, register
ed and countersigned, as provided by law,
not exceeding in amount the par value OF
the bonds deposited: provided, that at no
time shall the total amount OF such notes
issued to any such ASSOCIATION exceed the
amount at such time actually paid in Of its
! capital stock"
Tbe bill repeats all laws and parts OF laws
inconsistent with its provisions.
Mr.. Sherman offered an amendment pro-
viding that II any OF the bonds deposited
should bear rate OF annual interest higher
than 3 per cent, additional circulating
notes should be issued equal in amount to
one-half OF the interest accruing on such
bonds before their maturity in excess OF 8
per cent. per annum; such amount to be
ascertained and stated by the Comptroller
OF the Currency on the 1st day Of July OF
each year hereafter.
Mr.. Bayard spoke at some length in favor
Of the bill. He was followed by Mr.. Sher-
man in support OF the bill with his amend
ment. The debate was also participated in
by Messrs. Mcpherson and Aldrich.
Executive session. Adjourned.
HOUSE OF REPRESENTATIVE.
Mr.. Warner, OF Ohio, rising to aquestion
OF privilege, said he understood that q
joint resolution passed by the House and
Senate Monday for the relief OF sufferers
by the Ohio floods was not sent to the Sem
ate for the signature OF the presiding off,
Ger unfit late Yesterday afternoon. He
wished to know the cause Of this delay,
and therefore offered resolution directing
the Committee on Enrolled Bills to inquire
into the cause OF The delay.
The House proceeded to the considers
ton of the Mississippi contested-election
case Of Chalmers against Manning. After
discussion by several members the matter
went over till tomorrow.
Mr.. Harmer, Of Pennsylvania, presented
q petition in favor OF pensioning Union
soldiers who suffered in Andersonville,
Libby, Belle Isle, or other Confederate pri.
sons. Referred.
The House then, at $40 p. NJ, adj
journed.