Year: 1864




| Mr.. HARLAN hoped that the resolution would no
pass The c0fnuIittee in question not known
either the military civil laws and put in operation
simply to inquire into put forth by prejudice
persons The Senate therefore had not that right hes
proceedings which the Senator from Kentucky assumed
had. ttt1 Hf3+M tt fat t r ik5.


Mr. POWELL made brief response and the amend
ments making the call request Of the President and in
serpg the .ds if not Incompatible with the public
| interest" were adopted


he resolution amended then rejected by the fol
| lowing vote:


YEAS-Mesers. Buckalew, Grille, Davis, Hendricks
johnson Lane of Indiana Lane of Kansas Nesmh Powell
| NAY S--Messrs Anthony Brown, Chandler, Conness
Dixon, Dooittie, Fesenden Foot Foster Grimes Harding
shermaa Sumner, Ten Eyek Wade, Wilkinson, Wiley and
Wilson-25 Eg


THE GOVERNMENT GOLD.


Mr.. SHERMAN called up the jeint resolution of the
House authorizing the Secretary Of the Treasury antic
pate the payment of interest the public debt. The
resolution, it is proposed to be amended is fellows


l. Resolrcd by The Senate and House of Reprec, T
The United S,afes Of Aerica Cong assembled That
Secretary of the Treasury be authorized to anticipate the
pay Of interest The public debt from time to Time
either with with rebate of Interest upon the coup
TO hiu expedsnt and he is hereby authorized
dispose any gold In ths Treasury of the United States
for the payment OF ntere Of the public debt
Mr. SHERMAN submitted "a few remarks in favor Of
the psssage of the bill He said that there now
$40 449 of surplus gold in the Treasury, AL
debts and accounts outstanding and ut the rates
# receipts Tor some time past we would receive
S22 272 It's before July 1864 making SAL 942 654
at that time, less Whlcn expected
will be paid for interest the public debt Thus it
appears that there will be hand the sum OF
S2 300 000 lie said that ut this present time the New
York banks had hand The sum cf So 034 in gold
The consequences is that $40 800 600 10 gold is with
drawn from tire market which will be increased
millions before the rst OF july next He argued that the
Secretary o the Treasury should have power sell this
surplus and that the effect would he thought be pre-
spe culati0n in gnd aud keep the value of pa
per money In time of somebody should have power
TO act a.. this bin provides The only objection To- this
IA he init
hands of the Secretary of the Treasury lt


y these extraordinary times that he should be clothed
with powers This bill, proposed to be amended
would enable him to hold rod the SPECTATORS
New York and elsewhere He thought that the boarding
of our gold like hiding his cast-of garments
He thought that had better leave the Secretary of the
Treasury free to enter the market in possession of this
large amount of gold


Mr.. HENDRICKS said that it seemed to him that this
had not been considered by the Finance Commit
with that called for by its importance I pos
sbe that to allow the Secretary OF the Treasury
at any time to sell twenty millions of gold without the
Knowledge of any but two persons the Treasury Depart
ment7 If this so the Secretary would be clothed
with greater power than conferred in his-
tory. He proposed to add to the bill the following
words:


Tbat the Secretary shall first give i've days notice in the
newspapers in Wa hngton and New York of the aud
place Of the sac of this god.'


Mr. HENpRlcKs said he would not nsnuste that the
Secretary not honest but he would throw guards
around the administration OF his Cce be would around
other officers This extent OF confidence which
he thought should not be Imposed upon any public officer
The whole trouble in this matter is hst paper currency


good gold in reality, and the diHsrenc. is in
creang every day and bf these propositions would
give substantial relief To the country +Eo
Mr. SHERMAN said that the Senator from Indiana
mistaken saying that the Finance COMMITTEES had
given this subject due consideration Every who
I'D has the power the Secretary OF the Trea
sury The truth is that by the law Of 1862 had
mulsted this gold, and must now get rid of It, BE
would be willing to accepts proposition that the Secretary
should report at subsequent time the placs and
Of the sale OF the gold As to tae power proposed TO be
conferred the Secretary he had the power ench
any person be plea.es


MIR. HENDhICKS said if the Government wished to
realize profit their gold it well to keep The cap
taisis of New York ignorance of the intention OF the
Secretary to seIl it1


At the request Of Mr.. CLARK the further considers
tion Of the bill was postponed until to morrow.


INCREASED PAY TO NEGRO TROOPS.


The Senate proceeded to consider the bill equsziDg the
pay Of soldiers 10 tue Uned Statss army The peudnc
question the amendment of Mr.. DAYS. to allow
commissioners to be appointed by the District Courts
value and award fair compensation to loyal masters for
their slaves taken into the service.


Mr. POMEROY addressed the SenAte taking occasion
to explain his agency in the Issue OF the circular here
toore published in favor Of the election Of Mr. Chase t.
the Presidency and the objects had 10 view by the National
Executive Committee. #.E4 F. s.t.g


Some curiosity (be said been here and else
where TO the virtue and genuineness OF circular issued
by me, chairman of the National Executive Committee
That curiosity has very audaby AIKEN very hroai path
aud toke hi the earliest opportunity to say did issue
IT, and that III etnnodes The views Of The Nhtonil EKecu
rive Committee The committee organized IN the
city oil Washington in January last, and composed Of
members Of Congress and other citizens of the United
States all Of whom enjoy the most upquesonabe loyalty
and devotion for the preservation of tbe Union.


The document is by called aletter and by others
a rcular TIE committee IN addition TO the circulation
Of this document, distributed others in the shape Of
speeches Of members If Congress the increasing aud
interesting topics Of the day There was nothing
cret shout the circular uuess mrb al that
word on It, The only motive its dissemination at all
th.n Of nF
tee and the purpose Of the organization Copes
sent by mail to the President the United State judges
Of Courts Governors ~ Staes and other Distinguished
persons throughout the loyal portion Of the couotry


do not know whether the Secretary of the Treasury
consulted about the organigatlon of the committee.
SO far informed the Secretary had nohDg 10 do
with the copmittee It's action This OF draft
ing into the service without notice, and the Secretays
name used by the commi;e in eonnexion wi III the
Presidency breve he s suitable person for the post
tioD and whom believe the people will delight to
honor and nd there many obes the country that
think do this matter avn IN favor Of putting the
Executive Government in safe hants


The National Comlnlttce 4ll lives and 10 my humble
Judgment IL will for tune to Indeed its exist
has become military necessity; for through IL we
expect stimulate the 10y people Of the country into


eyng speedy issue will the credit Of the UDion the


lives Of the soldiers Of the army and the perpetuato Of
free government among


Mr. PoMERoY proceeded say reference to the Ma
tiona Executive Committee that in tbs ab,eDcs Of any
other political organlz alton fully representing their views
this thought the opportune period initiate
ganzson OF thorough and men who gathering
spirson and strength from the lessons Of the past shall
become the safe successful and controlling party Of
future He history of the and of the