The daily morning journal and courier., 1895-01-31
ONE SECTION IS AMENDED.
MADE IN FAVOR OF THE MOTION OF
 CONGRESSMAN WARNER.

Action Taken By the Committee on Bank
 ing and Currency The Amendment In-
 troduced By Congressman Russell Was
 Adopted Other Work That Was Done.
 Washington, Jan. SO.-After a session of nearly four hours the house com mittee on banking and currency took a recess,
 The major part of the session was de- voted to consideration of an amendment offered by MT. Russell, rep, of Con- necticut which is to be added to section 2 of the bill, as follows:
 Provided, That the amount of such United States notes and treasury notes which may be cancelled and retired shall not exceed in the aggregate amount equal to the additional circula- tion taken out by national banks after the passage of this act.
 The amendment was adopted by al vote of to {. Those voting in the neg ative were Messrs. Warner of New York Walker of Massachusetts, Sperry of Connecticut and Cobb of Missouri.
 This afternoon, on motion of MT. Bro- sius of Pennsylvania, the fourth sec- tion of the bill, which provided that national bank notes of lower denomina- ton than $1O shall be retired and cam celled and an equal amount in denomi- nations of $10 and upwards be issued in their places and that silver certifi- cates now outstanding larger than $10 shall be retired and the silver certifl- cates of denominations of less than $10 shall be issued in their stead, was stricken out.
 On motion of MT. Warner of New York section was amended so as to re- peal so much of all laws and parts of laws as to limit the amount of lawful money which may be deposited during any month for the purpose of withdraw ing national bank circulation or prohib- it any national bank from receiving any increase of It's circulation during the period of six months from the time it shall nave made any deposit of lawful money for the purpose of withdrawing circulation. The limitations upon the taking out of circulation which are now provided by law would seriously inter- fere with the increased circulation which is believed would be taken out under the bill if it should become a law
 A motion was made by MT. Cox of Tennessee to substitute the Carlisle bill with the state bank feature eliminated as a substitute for the administration measure Of the thirteen members present but four Messrs. Black of Georgia, Cobb of Alabama, Cox of Ten nessee and Hall of Missouri in the affirmative,
 A motion that the bill be reported to the house with a recommendation that it do not pass was defeated Only three mem mbers-Messrs Cobb, Black and Hall supported this motion.
 The counter proposition as amended be reported for consideration without was carried, 10 to }, the negatives being cast by Messrs. Cobb, Black and Hall.
 The following resolution was agreed upon and it will be offered to the house by MT. Springer, together with request that it be reported back from the com
 
 mittee on rules:
 Resolved, That immediately after the adoption of this order the house will resolve itself into committee of the whole on the state of the union for the of house bill 8,075 (the ad- banking bill)
 That after = hours to be devoted to general debate the bill shall be consid- cred under the five minute rule, except as herein modified; that the chair may entertain such amendments as may be in order to any section of the bill or as substitute for the whole bill in the order presented, and that after thirty minutes debate on such amend- ments, fifteen minutes on each side, the question shall be put upon agree ing to such amendments That at m o'clock on -, the committee shall re- port the bill with such amendments as may have been adopted or may be pend- ing and the previous question shall be as ordered upon the bill and 
 The bill will probably be called up in the house on Monday next.