YEAS-Messrs. Anthony, Brownlow, Buckingham, Cameron, Conkling, Corbett, Ferry, Hamlin, Howard, Howe, McDonald, Morrill of Vermont, Pomeroy, Ramsey, Scott, Wilson-16. NAYS-Messrs Bayard, Boreman, Casserly, Chandler, Cole, Drake, Fowler, Gilbert, Harlan, Harris, Howell, Johnston, Kellogg, McCreery, Osborn, Pool, Pratt, Revels, Rice, Ross, Schurz, Sherman, Stewart, Stockton, Sumner, Thayer, Thurman, Tipton, Trumbull, Warner, Willey, Williams-32. "" ""one Mr. Howe moved to amend the 10th section by inserting in line 6, after the word "States," third of which shall be," and in line 7 striking out the words "section 3" and inserting "each of the first three sections," which was disagreed to-yeas 16, nays 25, as follow: YEAS-Messrs. Buckingham, Cameron, Corbett, Gilbert, Hamlin, Harlan, Howe, Howell, Morrill of Vermont, Pomeroy, Ramsey, Revels, Schurz, Scott, Sprague. Trumbull-16. NAYS-Messrs. Bayard, Casserly, Chandler, Cole, Drake, Ferry, Fowler, Harris, Howard, Johnston, McCreery, Morton, Osborn, Pratt, Rice, Ross, Sherman, Stewart, Stockton, Sumner, Thurman, Warner, Willey, Williams, Wilson-25. Mr. Boreman moved to amend by striking out in line 2, section 4, the words: And the annual interest thereon." Which was disagreed to-yeas 14, nays 29, as follow: YEAS-Messrs. Boreman, Buckingham, Casserly, Cole, Corbett, Ferry, Fowler, Harlan, Harris, Howell, Johnston, McCreery, McDonald, Pratt, Ross, Sawyer, Schurz, Scott, Sprague, Sumner, Thayer, Tipton, Wilson-23. NAYS-Messrs. Chandler, Conkling, Drake, Edmunds, Fenton, Gilbert, Hamlin, Howard, Kellogg, Morrill of Vermont, Osborn, Pomeroy, Ramsey, Revels, Rice, Sherman, Stewart, Warner, Willey, Williams-20. Mr. Stewart moved to amend the 9th section the word ninety;" which was disagreed to→ by striking out the word "eighty" and inserting yeas 12, nays 30, as follow: ton, Pomeroy, Ramsey, Ross, Scott, Sprague, Stewart, Warner-12. YEAS-Messrs. Boreman, Cole, Fenton, Fowler, Mor NAYS-Messrs. Buckingham, Casserly, Chandler, Conkling, Corbett, Drake, Edmunds, Ferry, Hamlin, Harlan, Harris, Ioward, Howell, Johnston, Kellogg, McCreery, McDonald, Morrill of Vermont, Osborn, Pratt, Revels, Rice, Sawyer, Schurz, Sherman, Sumner, Thay er, Tipton, Willey, Williams-30. Mr. Morton moved to strike out the 10th section; which was disagreed to-yeas 12, nays 29, as follow: ton, McCreery, Morton, Ramsey, Revels, Rice, Ross, YEAS-Messrs. Boreman, Cole, Fowler, Howell, Johns Sprague-12. NAYS-Messrs. Buckingham, Chandler, Conkling, Corbett, Drake, Edmunds, Fenton, Ferry, Hamiin, Harlan, Harris, Kellogg, McDonald, Morrill of Ver mont, Osborn, Pomeroy, Sawyer, Sahurz, Scott, Sherman, Spencer, Stewart, Sumner, Thayer, Tipton, War YEAS-Messrs. Bayard, Boreman, Casserly, Cole, Harlan, Johnston, McCreery, Pomeroy, Pratt, Sprague, Stock-ner, Willey, Williams, Wilson—29. ton, Thurman, Willey, Wilson-14. NAYS-Messrs. Buckingham, Cameron, Chandler, Corbett, Drake, Fenton, Ferry, Fowler, Gilbert, Harris, Howard, Howell, Kellogg, McDonald, Morrill of Vermont, Osborn, Ramsey, Revels, Ross, Sawyer, Schurz, Scott, Sherman, Stewart, Sumner, Tipton, Trumbull, Warner, Williams-29. Mr. Bayard moved to strike out the 4th section, which was disagreed to-yeas 7, nays 38, as follow: YEAS-Messrs. Bayard, Boreman, Casserly, Johnston, McCreery, Stockton, Thurman-7. NAYS-Messrs. Buckingham, Cameron, Chandler, Cole, Corbett, Drake, Fenton, Ferry, Fowler, Gilbert, Hamlin, Harlan, Harris, Howard, Howell, Kellogg, McDonald, Morrill of Vermont, Morton, Osborn, Pomeroy, Pratt, Ramsey, Revels, Rice, Ross, Sawyer, Schurz, Scott, Sherman, Stewart, Sumner, Tipton, Trumbull, Warner, Willey, Williams, Wilson-38. Mr. Cameron moved to amend by inserting at the end of the bill the following: SEC. That it shall be the duty of the Secretary of the Treasury, on the 1st day of July, 1870, to redeem and fund in bonds hereby authorized all the fractional currency of the United States that may be offered for redemption at the Treasury or any of its branches, which he shall at once cause to be canceled; and it shall not be lawful for him after that date to issue any such paper fractional currency, but he shall make all payments of fractions of the dollar in the legal coin of the United States. Which was disagreed to-yeas 18, nays 26, as follow: YEAS-Messrs. Bayard, Buckingham, Cameron, Casserly, Corbett, Hamlin, Harlan, Howard, Johnston, Kellogg, Morrill of Vermont, Pomeroy, Scott, Stockton, Sumner, Thurman, Trumbull, Wilson-18. NAYS-Messrs. Boreman, Chandler, Cole, Drake, Fenton, Ferry, Fowler, Gilbert, Harris, Howell, McCreery, McDonald, Morton, Osborn, Pratt, Ramsey, Revels, Ross, Sawyer, Schurz, Sherman, Stewart, Tipton, Warner, Willey, Williams-26. Mr. Wilson moved to amend by inserting in line 8, section 6, after the word "exceeding," the words "one-half of;" which was agreed to-yeas 23, nays 20, as follow: The bill then passed-yeas 32, nays 10, as follow: YEAS-Messrs. Chandler, Cole, Conkling, Edmunds, Fenton, Ferry, Fowler, Gilbert, Harlan, Harris, Howard, Howell, Kellogg, Morrill of Verinont, Morton, Osborn, Pomeroy, Pratt, Ramsey, Revels, Rice, Sawyer, Schurz, Scott, Sherman, Stewart, Sumner, Thayer, Tipton, Warner, Williams, Wilson-32. NAYS-Messrs. Bayard, Boreman, Buckingham, Casserly, Corbett, McCreery, McDonald, Sprague, Stockton, Thurman-10. IN HOUSE OF REPRESENTATIVES. 1870, June 6-Mr. Schenck, from the Committee of Ways and Means, reported the following as a substitute for the Senate bill: That the Secretary of the Treasury is hereby authorized to issue, in a sum or sums not exceedregistered bonds of the United States, in such ing in the aggregate $1,000,000,000, coupon or of $50 or some multiple of that form as he may prescribe, and of denominations sum, redeemable in coin of the present standard value at the pleasure of the United States after thirty years from the date of their issue, and bearing interest payable semi-annually in such coin at the rate of and the interest thereon shall be exempt from four per centum per annum, which said bonds the payment of all taxes or duties of the United States as well as from taxation in any form by or under State, municipal, or local authority; and the said bonds shall have set forth and expressed upon their face the above specified conditions, and shall, with their coupons, be made payable at the Treasury of the United States. But nothing in this act, or in any other law now in force, shall be construed to authorize any increase whatever of the bonded debt of the United States. SEC. 2. That the Secretary of the Treasury is hereby authorized to sell and dispose of any of the bonds issued under this act at not less than their par value for coin, and to apply the proceeds thereof to the redemption of any of the bonds of the United States outstanding and known as five-twenty bonds at their par value, | 4th section of this act; and any certificates of deposit issued as aforesaid may be received at par, with the interest accrued thereon, in payment for any bonds authorized to be issued by or he may exchange the same for such five-twenty bonds, par for par; but the bonds hereby authorized shall be used for no other purpose whatso SEC. 6. That the United States bonds purchased and now held in the Treasury, in accordance with the provisions, relating to a sinking fund, of section 5 of the act entitled "An act to authorize the issue of United States notes and for the redemption or funding thereof and for funding the floating debt of the United States," approved February 25, 1862, and all other United States SEC. 3. That the payment of any of the bonds hereby authorized after the expiration of the said term of thirty years shall be made in amounts to be determined from time to time by the Secretary of the Treasury at his discretion, and by classes to be distinguished and described by the dates and numbers, beginning for each successive payment with the bonds last dated and numbered, of the time of which intended payment or redemp-bonds which have been purchased by the Secretion the Secretary of the Treasury shall give public notice, and the interest on the particular bonds so selected at any time to be paid shall cease at the expiration of three months from the date of such notice. SEC. 4. That the Secretary of the Treasury is hereby authorized and instructed, with any coin in the Treasury of the United States which in his opinion and discretion can be conveniently applied to that purpose, to pay at par and cancel any six per cent. bonds of the United States of the kind known as five-twenty bonds which have become or shall hereafter become redeemable by the terms of their issue. But the particular bonds so to be paid and canceled shall in all cases be indicated and specified by class, date, and number, in the order of their numbers and issue, beginning with the first numbered and issued, in public notice to be given by the Secretary of the Treasury, and in three months after the date of such public notice the interest on the bonds so selected and advertised to be paid shall cease. But it shall be competent for the holders and owners of any said bonds so specified for payment to exchange the same for bonds issued under the authority of this act at any time before the end of the notice provided for in the 2d section of this act. SEC. 5. That the Secretary of the Treasury is hereby authorized to receive gold coin of the United States or bullion on deposit for not less than thirty days, in sums of not less than $100, with the Treasurer or any assistant treasurer of the United States authorized by the Secretary of the Treasury to receive the same, who shall issue therefor certificates of deposit made in such form as the Secretary of the Treasury shall prescribe, and said certificates of deposit shall bear interest at a rate not exceeding three per centum per annum; and any amount of gold coin or bullion so deposited may be withdrawn from deposit at any time after thirty days from the date of deposit, and after ten days' notice and on the return of said certificates: Provided, That the interest on all such deposits shail cease and determine at the pleasure of the Secretary of the Treasury. And not less than twenty-five per centum of the coin and bullion deposited for or represented by said certificates of deposits shall be retained in the Treasury for the payment of said certificates; and the excess beyond twenty-five per centum may be applied, at the discretion of the Secretary of the Treasury, to the payment or redemption of such outstanding bonds of the United States, heretofore issued and known as the five-twenty bonds, as he may designate under the provisions of the tary of the Treasury with surplus funds in the Treasury and now held in the Treasury of the United States, shall be canceled and destroyed, a detailed record of such bonds so canceled and destroyed to be first made in the books of the Treasury Department. Any bonds hereafter applied to said sinking fund, and all other United States bonds redeemed or paid hereafter by the United States, shall also in like manner be canceled and destroyed; and the amount of the bonds of each class that have been canceled and destroyed shall be deducted respectively from the amount of each class of the outstanding debt of the United States. In addition to other amounts that may be applied to the redemption or payment of the public debt, an amount equal to the interest on all bonds belonging to the aforesaid sinking fund shall be applied, as the Secretary of the Treasury shall from time to time direct, to the payment of the public debt, as provided for in section 5 of the act aforesaid. June 30-Mr. Blair moved to insert in the 1st section, before the last sentence, as follows: And the amount of interest specified in each coupon shall be expressed in dollars, and the equivalent thereof in English sterling currency and in francs. Which was disagreed to. Mr. Mayham moved to strike out of the 1st section the words "of the United States, as well as from taxation;" so that portion of the section would read as follows: Which said bonds and the interest thereon shall be exempt from the payment of all taxes or duties, in any form, by or under State, municipal, or local authority, &c. Which was disagreed to-yeas 25, nays 97, on a division. Mr. Ingersoll moved to amend the 1st section by striking out the words "in coin of the present standard of value," and the words "such coin," and inserting in lieu the words "lawful money of the United States;" which was disagreed to. Mr. Marshall moved to amend the clause fixing the time these bonds shall run, by making it "twenty" instead of "thirty" years; which was disagreed to-yeas 22, nays 85, on a division. Mr. Coburn moved to make the time fifty years; which was disagreed to. Mr. Holman moved to add to the 1st section the following: Provided, That no agent or agents shall be employed in the United States or elsewhere for the sale or exchange of such bonds. Which was disagreed to-yeas 36, nays 87, on a division. Mr. Wood moved to amend the 2d section by | ker, Wheeler, Whitmore, Wilkinson, Willard, Williams, adding to it as follows: But nothing in this act shall authorize the Secretary of the Treasury to allow or pay any commission or percentage for the sale of the bonds so issued, or any part thereof. Winans-127. Mr. Judd moved to strike out from the 4th section the following words: "which in his opinion and discretion can be conveniently applied to that purpose," and insert the following words: "which may be derived from the sale of any of the bonds the issue of which is provided for in this act." Mr. Schenck moved to amend this amendment by adding the words "or which he may lawto. Mr. Judd's amendment was then agreed to. fully apply to such purpose," which was agreed Mr. B. F. Butler moved to amend the 4th section by adding to it the following: But none of said interest-bearing obligations not already due shall be redeemed or paid before maturity, unless at such time United States notes shall be convertible into coin at the option of the holder, or unless at such time bonds of the United States bearing a lower rate of interest than the bonds to be redeemed can be sold at par in coin. And the United States also solemnly pledges its faith to make provision at the earliest practicable period for the redemption of the United States notes in coin. Mr. Ingersoll moved to amend this amendment by inserting before the words "sale of the bonds" the words "transfer, exchange, or" which Mr. Wood accepted. Mr. Wood's amendment was then disagreed to-yeas 57, nays 102, as follow: YEAS-Messrs. Ambler, Barnum, Beck, Biggs, Bird, James Brooks, Burchard, Calkin, Cleveland, Amasa Cobb, Cox, Crebs, Degener. Edridge, Farnsworth, Ferriss, Getz, Griswold, Hamill, Hawkins, Hay, Holman, Ingersoll, Thomas L. Jones, Kelley, Kerr, Knott, Lewis, Logan, Mayham, McCormick, McGrew, Niblack, Packer, Randall, Reeves, Rice, Rogers, Shanks, Sherrod, Shober, Slocum, Joseph S. Smith, William J Smith, Stiles, Sweeney, Taffe, Trimble, Van Trump, Van Wyck, Voorhees, Ward, Wells, Williams, Winchester, Wood, Woodward-57. NAYS-Messrs. Allison, Ames, Armstrong, Arnell, Asper, Atwood, Ayer, Bailey, Banks, Beatty, Benjamin, Benton, Bingham, Blair, Boles, Booker, Boyd, Buck, Buckley, Buffinton, Benjamin F. Butler, Roderick R. Butler, Cessna, Churchill, Sidney Clarke, Clinton L. Cobb, Coburn, Conger, Covode, Cullom, Davis, Dawes, Dockery, Donley, Ela, Finkelnburg, Fisher, Fitch, Hale, Hell. Hoar, Hooper, Jenckes. Judd, Julian, Kel logg, Kelsey, Ketcham, Knapp, Laflin, Lash, Lawrence, Loughridge, Marshall, McCarthy, McKenzie, Mercur, Eliakim H. Moore, Jesse H. Moore, William Moore, Daniel J. Morrell, Myers, Negley, O'Neill, Orth, Paine, Peck, Peters, Phelps, Poland, Porter, Prosser, Roots, YEAS-Messrs. Allison, Ambler, Armstrong, Bennett, Sargent, Sawyer, Schenck, Scofield, Lionel A. Sheldon, Boles, George M. Brooks, Burchard, Benjamin F. ButJohn A. Smith, Worthington C. Smith, William Smyth,ler. Cessna, Amasa Cobb, Coburn, Cullom, Dickey, DickStarkweather, Stevens, Stokes, Stoughton, Strickland, inson, Dockery, Dox, Dyer, Ferry, Finkeinburg, Fitch, Strong, Tanner, Taylor, Tillman, Townsend, Twichell, Griswold, Hale, Hawkins, Hawley, Hay, Heflin, Hoar, Tyner, Upson, Van Horn, Wallace, Welker, Wheeler, Judd. Kelsey, Loughridge, McCormick, McCrary, MerWhitmore, Wilkinson, Willard, John T. Wilson-102. cur, Jesse H. Moore, Orth, Packard, Packer, Paine, Poland, Pomeroy, Rogers, Shanks, Lionel A. Sheldon, ShoJuly 1-Mr. Schenck, from the Committee of ber, John A. Smith, Worthington C. Smith, William Ways and Means, moved to amend the 4th sec- Smyth, Stevenson, Stokes, Tyner, Wallace, Williams, John T. Wilson, Woodward-54. tion by striking out the words "in the order of their numbers and issue, beginning with the first numbered and issued." Which was agreed to. Mr. Holman moved to amend the 4th section by striking out the words "coin in the Treasury of the United States," and inserting in lieu thereof the words "United States notes in the Treasury of the United States arising from the sale of bonds authorized to be issued by this act, or other such notes in the Treasury." Which was disagreed to-yeas 41, nays 127, as follow: YEAS-Messrs. Adams, Beatty, Bird, Burr, Cleveland, ry, McGrew, McKenzie, Mercur, Eliakim H. Moore, Jesse H. Moore, William Moore. Morphis, Daniel J. Morrell, Myers, O'Neill, Packard, Packer, Paine, Palmer, Peck, Peters, Poland, Pomeroy, Porter, Prosser, Randall, Roots, Sanford, Sargent, Sawyer. Schenck, Scofield, Lionel A. Sheldon. Slocum, John A. Smith, William J. Smith, Worthington C. Smith, William Smyth, Stevens, Stevenson, Stokes, Stone, Stoughton, Strickland, Swann, Taffe, Tanner, Taylor, Tillman, Townsend, Twichell, Upson, Van Horn, Van Wyck, Wallace, Wel G Which was disagreed to-yeas 54, nays 98, as follow: NAYS-Messrs. Adams, Ames. Archer, Asper, Axtell, Aver, Bailey, Beaman, Benjamin, Benton, Bingham, Bird, Blair, Booker, Boyd, James Brooks, Buck, Buckley, Buffinton, Burdett, Burr, Roderick R. Butler, Calkin, William T. Clark, Clinton L. Cobb, Conger, Cook, Cox, Crebs, Davis, Donley, Ferriss, Fisher, Getz, Hamill, Thomas L. Jones, Julian, Kelley, Ketcham, Knapp, Harris, Hill, Holman, Hooper, Ingersoll, Jenckes, Knott, Laflin, Lash, Lawrence, Maynard, McCarthy, McGrew, McKenzie, William Moore, Daniel J. Morrell, Morrissey, Mungen, Myers, Negley, Niblack, O'Neill, Sanford, Sawyer, Schenck, Schumaker, Scofield, Slocum, Peck, Peters, Phelps, Prosser, Randall. Reeves. Rice, Joseph S. Smith, William J. Smith, Stevens, Stiles, Stone, Stoughton, Strickland, Swann, Sweeney, Taffe, Tanner, Taylor, Tillman. Townsend, Trimble. Twichell, Upson, Welker, Wheeler, Whitmore, Willard, Winans, Winchester-98. Mr. Griswold moved to strike out the 4th section; which was disagreed to. Mr. Mungen moved to add to the 4th section the following: Provided further, That nothing in this act contained shall be construed to operate in conflict with the act of February 25, 1862, authorizing the issue of United States notes, bonds, &c. Which was disagreed to. Mr. Davis moved to amend the 5th section by inserting after the word "bullion," the words 'assayed and stamped under the laws of the United States," which was agreed to. Mr. Davis also moved to reduce the interest on gold deposits from three per cent. to two per cent.; which was disagreed to. Mr. Townsend moved to add to the 5th section the following: Provided, That if on a demand for payment of any of said certificates in coin there should not be sufficient gold coin in the Treasury arising under this act, then it shall be lawful for the Secretary of the Treasury to appropriate any other gold coin in the Treasury in payment of Cobb, Clinton L. Cobb, Coburn, Cook, Conger, Cullom, said certificates. Which was disagreed to. Mr. Ingersoll moved to add the following: That from and after the passage of this act it shall not be lawful for the Secretary of the Treasury to sell any gold coin on account of the United States; which was disagreed to. Mr. Maynard moved to amend section 6 by inserting after the word "Department" the words "and a statement of the sinking fund shall be kept, so as to show the principal of the fund, with the current interest, as it would be if the bonds composing the said fund were kept to represent it." Which was disagreed to. Dawes, Degener, Dickey, Dockery, Donley, Ela, Ferriss, Ferry, Finkelnburg, Fisher, Fitch, Hale, Harris, Hawley, Hay, Hill, Hoar, Hooper. Jenckes, Alexander H.Jones, Judd, Julian, Kelley, Kellogg, Kelsey, Ketch ridge. Maynard, McCarthy, McGrew, McKenzie, Mercur, am, Knapp, Laflin, Lash. Lawrenc, Logan, LoughEliakim it. Moore, Jesse H. Moore, William Moore Morphis, Daniel J. Morrell, Myers. Negley, O'Neill, Orth, Packard, Packer, Paine. Palmer, Peck. Perce Peters, Phelps, Porter, Prosser, Roots. Sanford, Sargent, Sawyer, Schenck, Schum ker, Scofield. Shanks, Por ter Sheldon, Slocum, John A. Smith, William J Smith, William Smyth. Starkweather, Stevens, Stone, Stough ton, Strickland, Strong. Taffe, Tanner, Taylor. Tillman, Townsend. Twichell, Tyner, Upson, Van Horn, Var Wyck, Wallace, Cadwalader C. Washburn, Welker, Wells, Whitmore, Willard. Williams, John T. Wilson-129. NAYS-Messrs. Adams, Archer, Beatty, Beck, Bird, Calkin, Cleveland, Crebs, Davis. Dox, Eldridge, Cetz, Griswold, Mr. Davis moved to add at the end of the bill Hamill, Hawkins, Ingersoll, Johnson, Thomas L. Jones the following sections: Kerr. Knott, Lewis. Marshall, Mayham, McNeely, Morgan, The Senate refused to concur in the amend ments of the House, and asked and obtained a conference. The committee was composed of Messrs. Sherman, Sumner, and Davis, on the part of the Senate, and Messrs. Schenck, Hooper, and Marshall, on the part of the House. SEC. 7. That the Secretary of the Treasury is hereby authorized and directed to issue registered bonds of the United States, in such form and of such denominations, of not less than fifty dollars and multiples thereof, as he shall think proper, payable in thirty years from date in gold, bearing interest at four per cent., payable semiannually in gold, and free from all excise and taxation whatever, either on such bonds or the income derived therefrom, and redeemable in gold at the option of the United States after ten years, upon six months' public notice, which said SEC. 7. That from and after the passage of this bonds shall be known as the convertible bonds act the Treasurer of the United States shall reof the United States; and such bonds shall ex-ceive no other than registered bonds issued under press on their face that they are convertible at any time into legal-tender notes. July 12-The committee reported a bill precisely similar to that which finally passed, with the addition of the following section: the provisions of this act as security for the circulating notes of national banking associations issued under the act entitled "An act to provide a national currency secured by a pledge of United States bonds, and to provide for the circulation and redemption thereof," approved June 3, 1864, or any act supplementary or amendatory thereof. Which report was rejected by the House-yeas 88, nays 103, as follow: SEC. 8. That whenever any person shall pay any legal-tender notes of the United States at the Treasury or at any assistant treasury of the United States, to the amount of fifty dollars or any multiple thereof, for that purpose he shall receive at par value an equal amount of such convertible bonds, and whoever shall present one or more of said convertible bands at the Treasury or at any assistant treasury of the United States, or at any public depository of the moneys of the United States which the Secretary of the Treas-Cake. ury shall have designated for that purpose, and demand redemption thereof, at any time before the maturity thereof, he shall receive the face of his bond or bonds in legal-tender notes at par value, and the accrued interest remaining unpaid up to the date of such demand in gold; and such bonds shall be immediately canceled and returned to the Treasurer of the United States as vouchers of the amount paid thereon. SEC. 9. That the Secretary of the Treasury shall, as soon as practicable after receiving the same, use or invest at least eighty per cent., and as much more as he shall deem expedient, of all legal-tender notes received for such bonds, in buying up or redeeming the six per cent. gold interest bonds of the United States. And he shall have authority to make such regulations as he shall deem needful to carry the provisions of this act into effect. Which was disagreed to. YEAS-Messrs. Ambler, Ames, Armstrong, Atwood, Ayer, Bailey, Banks, Bennett, Benton, Bingham, Boles, G. M. Brooks, Buffinton. Burdett, Roderick R. Butler, Cessna, Churchill, Conger, Covode, Cowles, Davis, Dawes, Dixon, Donley, Duval, Ela. Ferriss, Ferry, Finkelnburg, Fisher, Fitch, Gilfillan, Hoar, Hooper, Jenckes, Julian, Kelley, Kellogg, Kelsey, Ketcham, Knapp, Laflin, Lawrence, Lynch, Maynard, McCarthy, McCrary, McGrew, Mercur, Eliakim II. Moore, William Moore, Myers, Negley, O'Neill, Orth, Packard, Peck, Peters, Phelps. Poland, Roots, Sanford. Sargent, Sawyer, Schenck. Scofield, Shanks, liam Smyth, Stark weather, Stevens, Stokes, Stoughton, Strickland, Strong, Tanner, Taylor, Twichell, Upson, Cadwalader C. Washburn, William B. Washburn, Welker, Wheeler, Willard, Williams-88. Porter Sheldon, John A. Smith, William J. Smith. Wil NAYS--Messrs. Adams, Allison, Archer, Asper, Axtell, Barnum, Barry, Beatty, Beck, Benjamin, Biggs, Bird, Blair, Booker, Boyd. James Brooks. Buckley, Burchard, Burr, Calkin, William T. Clark, Sidney Clarke. Cleve land. Amasa Cobb, Coburn, Conner, Cox, Crebs, Cullom, Darrall. Dickinson, Eldridge, Fox, Garfield, Getz, GrisHawkins, Hawley, Hay, Hays, lleflin. Holman, Ingerwold. Haight, Haldeman, Hambleton, Hamill, Harris, soll, Johnson. Thomas L. Jones, Judd, Kerr, Knott, Lash, Lewis, Loughridge, Marshall. Mayham, McCormick, MeKenzie, McNeely, Jesse H. Moore, Morgan, Morphis, Daniel J. Morrell, Mungen, Niblack, Packer. Paine, Palmer, Platt, Pomeroy, Potter, Randall, Reeres. Rice, Rogers, Schumaker, Lionel A. Sheldon, Sherrod, Slocum, The substitute was then agreed to and the bill Joseph S. Smith. Worthington C. Smith, Stiles, Stome, passed-yeas 129, nays 42, as follow: YEAS-Messrs. Allison, Ambler, Ames, Armstrong, Arnell, Asper, Atwood, Axtell, Ayer, Bailey, Barnum, Benjamin, Bennett, Benton, Bingham, Blair, Boles, Booker, Boyd, George M. Brooks, Buck, Buckley, Buffinton, Burchard, Burdett, Roderick R. Butler, Cessna, Churchill, William T. Clark, Sidney Clarke, Amasa Swann, Taffe, Townsend, Trimble, Tyner, Van Auken, The same committee was appointed on the second conference, and the bill, as finally passed and printed above, was agreed to. LIX. INTERNAL TAX AND TARIFF. 138. IN HOUSE OF REPRESENTATIVES. Stokes, Stone, Stoughton, Strader, Strickland, Strong, Swann, Sweeney, Tanner, Tillman, Townsend, Trimble, 1870, May 27-Mr. Schenck, from the Com-Twichell, Upson, Van Auken, William B. Washburn, mittee of Ways and Means, reported "A bill to Wells, Wheeler, Winans, Winchester, Wood, Woodward— reduce internal taxes and for other purposes," NAYS-Messrs. Ambler, Ames, Arnell, Asper, Beatty, which, he stated, reduced taxation about $34,- Benjamin, Benton, Bingham, Blair, Boyd, Burdett, 000,000. Among other things, it provided for Benjamin F. Butler, Roderick R. Butler, Amasa Cobb, an income tax of five per cent. on all incomes Coburn, Crebs, Dyer, Ela, Finkelnburg. Garfield, Alexander H. Jones, Kelsey, Knapp, Knott, Lash, Lewis, over $1,500. Loughridge, Maynard, McCormick, McCrary, Eliakim Schenck, Schumaker, William J. Smith, William Smyth, Taffe, Taylor, Tyner, Van Horn, Wallace, Ward, WelWhich was agreed to-yeas 114, nays 76, asker, Wilkinson, Willard, Williams, Eugene M. Wilson, follow: John T. Wilson, Witcher-51. June 1-Mr. Cox moved to reduce the tax H. Moore, Samuel P. Morrill, Paine, Rice, Roots, from five to three per cent. YEAS-Messrs. Allison, Ames, Archer, Armstrong, Axtell, Ayer, Banks, Barry, Beck, Bennett, Biggs, Bingham, Bird, Bowen, George M. Brooks, James Brooks, Buffinton, Burr, Sidney Clarke, Cleveland, Covode, Cowles, Davis, Dawes, Deweese, Degener, Dickinson, Donley, Dox, Duval, Eldridge, Ferriss, Finkelnburg, Fisher, Fitch, Fox, Getz, Gilfillan, Griswold. Haight, Hambleton, Hamill, Hamilton, Harris, Heflin, Hill, Hoar, Holman, Hooper, Hotchkiss, Jenckes, Johnson, Judd, Kelley, Kellogg, Kerr, Ketcham, Knapp, Laflin, Lawrence, Lynch, Mayham, McCarthy, McGrew, McKenzie, McNeely, Milnes, William Moore, Morgan, Daniel J. Morrell, Morrissey, Myers, Negley, Newsham, Niblack, O'Neill, Orth, Packer, Perce, Peters, Porter, Potter, Prosser, Randall, Reeves, Ridgway, Sargent, Sawyer, Scofield, Por. ter Sheldon, Slocum, Joseph S. Smith, Worthington C. Smith, Starkweather, Stevenson, Stiles, Stone, Strader, Strong, Swann, Sweeney, Tanner, Taylor, Townsend, Trimble, Twichell, Upson, William B. Washburn, Welker, Wells, Wheeler, John T. Wilson, Winans, Winchester, Wood-114. NAYS-Messrs. Ambler, Arnell, Asper, Atwood, Bailey, Beaman, Beatty, Benjamin, Benton, Blair, Boles, Booker, Boyd, Burchard. Burdett, Benjamin F. Butler, Roderick R. Butler, William T. Clark, Amasa Cobb, Co burn, Cook. Conger, Crebs, Cullom, Dockery, Ela, Farnsworth, Garfield, Gibson, Hale, Hawkins, Hay, Hays, Ingersoll, Alexander II. Jones, Kelsey, Lash, Lewis, Logan, Loughridge, Marshall, Maynard, McCormick, McCrary, Mercur, Eliakim II. Moore, Jesse H. Moore, Morphis, Samuel P. Morrill, Packard, Paine, Peck, Phelps, Pomeroy, Rice, Roots, Schenck, Lionel A. Sheldon, Sherrod, John A. Smith, William J. Smith, William Smyth, Stokes Stoughton, Strickland, Tillman, Tyner, Van Auken, Van Horn, Wallace, Ward, Wilkinson, Willard, Williams, Eugene M. Wilson, Witcher76. Mr. Hawley moved to amend by raising the amount exempted to $2,500. Which amount Mr. Hale moved to reduce to $2,000; which was agreed to. Mr. Potter moved to amend by adding the following proviso: Provided, That the tax imposed by this section shall not continue or be collected after the expiration of the year 1870. Which was disagreed to-yeas 72, nays 107, as follow: YEAS-Messrs. Ames, Archer Armstrong, Banks, Bennett, Biggs. Bird. Bowen, Buffinton, Burr, Benjamin F. Butler, Cleveland, Covode, Cowles, Crebs, Davis, Dickinson, Dox, Eldridge, Fisher, Fitch, Fox, Garfield, Getz, Gibson, Haight, Hamill, Hill, Hotchkiss, Johnson, Kelley, Kellogg, Laflin, Lynch, Mayham, McCarthy, McKenzie, McNeely, Milnes, William Moore, Daniel J. Morrell, Morrissey, Myers, Negley, Newsham, Niblack, O'Neill, Packer, Paine, Phelps, Platt, Potter, Randall, Reeves, Sargent, Schumaker, Slocum, Joseph S. Smith, Starkweather, Stevenson, Stiles, Stone. Strader. Strong, Swann, Sweeney, Taylor, Trimble, Upson, Whitmore, Wood, Woodward-72. NAYS-Messrs. Allison, Ambler, Arnell, Asper, Atwood, Ayer, Bailey, Barry, Beaman, Beatty, Benjamin, Benton, Bingham, Blair, Boles, Booker, Boyd, George M. Brooks, Burchard, Burdett, Roderick R. Butler, Sidney Clarke, Amasa Cobb, Coburn, Cook, Conger, Cullom, Dixon, Dockery, Donley, Duval. Dyer, Ela, Farnsworth, Ferriss, Finkelnburg, Gilfillan, Hale, Hambleton, Hamilton, Harris, Hawkins, Hawley, Hay, Hays, Heflin, Hoar, Holman, Hooper, Ingersoll, Alexander H. Jones, Judd. Kelsey, Kerr, Knott, Lash, Lawrence, Lewis, Loughridge, Marshall, Maynard, McCormick, McCrary, McGrew, Mercur. Eliakim H. Moore, Jesse H. Moore, Morphis, Samuel P. Morrill, Orth, Packard, Peck, Perce, Peters, Rice, Ridgway, Roots, Sawyer, Schenck, Scofield, Lionel A. Sheldon, Sherrod, John A. Smith, William J. Smith, Worthington C. Smith, William Smyth, Stokes, Stoughton, Strickland, Taffe, Tanner, Townsend, Twichell, Tyner, Van Auken, Van Horn, Wallace, Ward, William B. Washburn, Welker, Wheeler, Wilkinson, Williams, Eugene M. Wison, John T. Wilson, Winans, Witcher-107. Mr. Woodward moved to strike out all of section 35, levying the income tax, and insert the following: Mr. Hawley's amendment as amended was then agreed to-yeas 138, nays 52, as follow: YEA-Messrs. Allison, Archer, Armstrong, Atwood, Axtell, Ayer, Bailey, Banks, Barry, Beaman, Beck, Bennett, Biggs, Bird, Boles, Bowen, George M. Brooks, James Brooks, Buffinton, Burchard. Burr, William T. That there shall be levied a tax at the rate of Clark, Sidney Clarke, Cleveland, Cook, Conger. Covode, five per cent. per annum upon the interest of Cowles, Cullom, Davis, Dawes, Dickinson, Dockery, Don-interest-bearing bonds issued or to be issued by ley, Dox, Duval, Eldridge. Farnsworth, Ferriss, Fisher, Fitch, For, Getz, Gibson, Gilfillan, Griswold, Haight, Hale, Hambleton, Hamill, Harris, Hawkins, Hawley, Hay, Hays, Heflin, Hill, Hoar, Holman, Hooper, Hotchkiss, Ingersoll, Jenckes, Johnson, Judd, Kelley, Kellogg, Kerr, Ketcham, Laflin, Logan, Lynch, Marshall, May ham, McCarthy, McGrew, McKenzie, McNeely, Mercur, Milnes, Jesse II. Moore, William Moore, Morgan, Morrissey. Myers, Newsham, Niblack, O'Neill, Orth, Packard, Packer, Peck, Perce, Peters, Phelps, Platt, Pomeroy, Porter, Potter, Prosser, Randall, Reeves, Ridgway, Sargent, Sawyer, Scofield, Lionel A. Sheldon, Porter Sheldon, Sherrod, Slocum, John A. Smith, Joseph S. Smith, W. C. Smith, Starkweather. Stevenson, Stiles, the Government of the United States, to be deducted and retained from the payments of interest upon said bonds, under regulations to be prescribed by the Secretary of the Treasury. Which was disagreed to. Mr. Holman moved to add the following: And a tax of ten per centum per annum on the interest and income accruing from all bonds, notes, and other securities of the United States, the same to be deducted and withheld from such 605 |