The midland journal. (Rising Sun, Md.) 1885-1947, 1893-12-15

under the provisions of this act, the
following words: ''The within note is a
legal tender in payment of all debts,
public and private, and is exchangeable
for the coupon or registered bonds Of
the United States bearing six per
centum interest," Such Treasury note
shall be signed by Treasurer of the
United States, or by some officer Of the
Treasury Department designated by
the Secretary of the Treasury, and shall
be countersigned by the Register Of the
Treasury, or some officer of the Treas
ury Department designated by the
Secretary of the Treasury for the
Register and all the provisions of an
act entitled can act to authorize the
issue of Treasury notes. approved the
twenty.third day of December, one
thousand eight hundred and fifty seven,
SO far as the same can be applied to
the provisions of this act, and not
inconsistent Herewith, are hereby
revived and re-enated and the sum Of
one hundred and fifty thousand dollars
is hereby appropriated, out Of any
money in the Treasury not otherwise
appropriated, to enable the Secretary
of the Treasury to carry this act into
effect.
Soon after Mr.. Spaulding introduced
his bill proposing the issue Of legal
tender notes to circulate as money, be
received many letters criticising the
measure in rather severe terms
BANK DELEGATES IN WASHINGTON
MEETING AT THE TREASURY
DEPARTMENT..
After the legal tender bill was re-
ported from the Committee of Ways
and Means by Mr.. Spaulding, and
published in the newspapers of the
principal cities. opposition to it mani
tested itself in various ways. At first
the New York city press were generally
opposed to the legal tender clause. The
Times and Herald early came to the
support Of the measure. The Tribune
and Commercial Advertiser appeared tc
be in some doubt, but in their editorial
columns supported it. The EvenanS
Post, World and Journal of Commerce
were decidedly hostile, and opposed the
measure throughout. Delegates from
some of the banks in New York. Boston
and Philadelphia, appeared in Wash
ington to oppose the bill. The reporters
of the New York press, at the time,
preserved tolerably accurate account
of their doings, which may be summed
up substantially as follows:
They organized by appointing Mr.
Singleton A. Mercer, of Philadelphia
as chairman, and invited the Finance
Committee of the Senate, and the
Committee of Ways and Means of the
House, to meet them at the office Of
Secretary of the Treasury, on Saturday
afternoon, January llth, 1862.
DELEGATES FROM NEW YORK BANKS
Mr.. Coe, American Exchange Bank
Mr.. Vermilye. Merchants Bank; Mr.
Martin, Ocean Bank Mr.. Gallatin
National Bank.
DELEGATES FROM PHILADA. BANKS.
Mr.. Rogers, Trademarks Bank Mr.
Mercer, Farmers and Mechanics
Bank; Mr.. Patterson, Western Bank
DELEGATES FROM BOSTON BANKS.
Mr.. Haven, Mechanics Bank; Mr.
Valley, Revere Bank; Mr.. Bates
Bank of Commerce.
| TREASURY DEPARTMENT.
Salmon P. Chase, Secretary of the
Treasury.
FINANCE COMMITTEE OF THE SENATE
Mr.. Fessemden, of Maine Mr.
Simmons, of Rhode Island Mr.. Sher-
man, of Ohio; Mr.. Howe, of Wiscon-
sin Mr.. Pearce, of Maryland Mr.
Bright, of Indiana; Mr.. McDougal, Of
California.
HOUSE COM. OF WAYS AND MEANS.
Mr.. Stevens, of Pa; Mr.. Morrill,, Of
Vt; Mr.. Phelps, Of Mo-; Mr.. Spaulding,
of N. Y; Mr.. Cornin, of N. Y; Mr..
Horton, of Ohio Mr.. Stratton, of N
j.; Mr.. Hooper, of Mass; Mr.. Mayn-
ard, of Tennessee.
Some of the members of the Com
mittees of the Senate and the House
were not present, but there was very
full representation from each commit
tee. There was some other gentlemen
present from Boards of Trade of DIFF
ferent cities.
De Wits Witch Hazel Salve cures piles.
De Wits Witch Hazel Save cures burns
De Wits Witch Hazel Salye cures sores
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