So the amendment was disagreed to. Mr. Amasa Walker The motion of Mr. Stevens was then agreed to. On motion of Mr. Eliot, John W. Wallace Ordered, That the Clerk inform the Senate that the announcement made to that body at the last session of the action of the House upon their amendments to the bill of the House (H. R. 561) in relation to commissioned officers of the United States revenue cutter service was erroneous, and that he communicate to the Senate the action which did take place. Mr. Wickliffe, by unanimous consent, introduced a bill (H. R. 698) for the benefit of the president and directors, &c., of the Bardstown and Louisville Turnpike Road Company, in Kentucky; which was read a first and second time and referred to the Committee on Military Affairs. Mr. Stratton, by unanimous consent, from the Committee of Ways and Means, to whom was referred the bill of the House (H. R. 663) to establish a branch mint of the United States in the Territory of Nevada, reported the same with an amendment, accompanied by a report in writing thereon. Ordered, That the said bill be committed to the Committee of the Whole House on the state of the Union, and that the bill and report be printed. On motion of Mr. Aldrich, by unanimous consent, bills of the Senate of the following titles, viz: S. 448. An act authorizing the Secretary of the Treasury to pay to the governor of Minnesota, or his authorized agent, the costs, charges, and expenses incurred in suppressing Indian hostilities within that State and upon its borders in the year 1862; and S. 456. An act to enable the President to negotiate a treaty with the Klamath and Modoc Indians, and for other purposes; were severally taken from the Speaker's table, read a first and second time, and referred as follows, viz: S. 448 to the Committee on Military Affairs; and S. 456 to the Committee on Indian Affairs. Mr. Bingham, from the Committee on the Judiciary, to whom was referred the bill of the Senate (S. 437) to amend the act entitled "An act to amend the act of the 3d of March, 1837, entitled An act supplementary to the act entitled An act to amend the judicial system of the United States," reported the same without amendment. Ordered, That the said bill be read a third time. It was accordingly read the third time and passed. Ordered, That the Clerk request the concurrence of the Senate therein. Mr. Alexander H. Rice, by unanimous consent, submitted the following resolution; which was read and referred to the Committee on Military Affairs, viz: Resolved, That if any State shall provide by law for the payment within said State of the wages or allotments of any or all of its volunteers in the service of the United States, or for the advancement of the same to their families or otherwise, the Secretary of the Treasury be, and he is hereby, authorized to make such contracts and arrangements with the governor of said State as he may deem suitable and proper to reimburse said State for all payments and advances so made, together with interest thereon, at the rate of six per centum per annum, from the date when such wages shall be due. On motion of Mr. Stevens, the House resolved itself into the Committee of the Whole House on the state of the Union; and after some time spent therein, the Speaker resumed the chair, and Mr. Pike reported that the committee having had under consideration the special order, viz: H. R. 659. A bill to provide ways and means for the support of government, had directed him to report the same with sundry amendments. The House having proceeded to the consideration of the said bill, Mr. Stevens submitted an amendment, in the nature of a substitute, thereto. Pending which, Mr. Horton moved the previous question; which was seconded and the main question ordered, and under the operation thereof all the amendments reported from the Committee of the Whole House on the state of the Union, except the 6th, 29th, and 32d, were severally agreed to. The sixth amendment having been read as follows, viz: In section 1, lines 14 and 15, strike out the words "the best terms he can obtain, not less than par," and insert the words "such terms as he may deem most advisable," The question was put, Will the House agree thereto? And it was decided in the affirmative,{ Nays..... 83 50 The yeas and nays being desired by one-fifth of the members present, Those who voted in the affirmative are Mr. Isaac N. Arnold Elijah Babbitt Joseph Baily Stephen Baker Portus Baxter Mr. Samuel L. Casey Jacob P. Chamberlain Mr. James E. English Richard Franchot Mr. Benjamin F. Thomas 院 Mr. James C. Robinson Clement L. Vallandigham Charles A. Wickliffe William Windom George H. Yeaman. Mr. Horton moved to amend the same by inserting after the word "bonds" the words "and treasury notes;" which motion was agreed to. The 29th amendment as amended was then agreed to. The 32d amendment was then disagreed to. The amendment, in the nature of a substitute, submitted by Mr. Stevens was then read, as follows, viz: Strike out all after the enacting clause, and insert: "That the Secretary of the Treasury is hereby authorized to borrow, on the credit of the United States, from time to time, and in such amounts as shall be needed for the service of the current and next fiscal year, in such forms and at such rates of interest, not exceeding six per centum per annum, as, in his judgment, the public interest may require, the sum of $900,000,000, and to issue for any part of that amount coupon or registered bonds, payable in coin at any time after twenty years from date, at the pleasure of the government, or bonds payable after any less time than twenty years; and he may, in his discretion, dispose of said bonds at any time upon the best terms he can obtain, not less than par, for lawful money of the United States, or for any of the certificates of indebtedness that may at any time be unpaid, or for any of the interest-bearing legal-tender notes which may be issued under the provisions of this act. And all the bonds and interest-bearing legal-tender notes issued under the provisions of this act shall be exempt from taxation by or under State authority. "SEC. 2. And be it further enacted, That the Secretary of the Treasury be, and he is hereby, authorized to issue, on the credit of the United States, any part of the aforesaid sum of $900,000,000 in legal-tender notes, bearing interest, payable semi annually in coin, at the rate of one cent per day for each $100, being at the rate of 3.65 per centum per annum, and redeemable at the pleasure of the government at the treasury of the United States, and of such denominations as he may deem expedient, not less than ten dollars each: Provided, That there shall be issued and outstanding of bonds and interest-bearing legaltender notes at any time, under the provisions of this act, no greater amount altogether than the sum of $900,000,000. And such notes herein authorized shall be receivable in payment of all taxes, excise, internal duties, debts, and demands of every kind due to the United States, except duties on imports, and of all claims and demands against the United States of every kind whatsoever, except for interest upon bonds, which shall be paid in coin, and shall also be lawful money and a legal tender in payment of all debts, public and private, within the United States, except duties on imports and interest as aforesaid: Provided, That no interest shall be deemed due and payable upon said interest-bearing legal-tender notes, when tendered in payment of public or private debts, for a less period than six months, or any fractional part of six months thereafter, except when any of said notes are received for loans to the United States, in which case the interest shall be allowed: And provided, further, That no interest shall be paid on said interest-bearing legal-tender notes unless presented in sums of fifty dollars, or the multiple of fifty dollars. And the Secretary of the Treasury may, from time to time, as the exigencies of the public service may require, issue any amount of interest-bearing legaltender notes herein authorized equal to the amount redeemed or paid into the treasury. There shall be printed on the interest-bearing legal-tender notes which may be issued under the provisions of this act the amount of interest which will have accumulated at the end of each six months from the date thereof for such period as the Secretary of the Treasury may designate, and words importing that the note is a legal tender in payment of all debts, public and private, within the United States, except duties on imports and interest on the public debt, and is receivable for any bonds of the United States which the Secretary of the Treasury may from time to time offer for sale. And said notes shall be issued and bear date at such times as the Secretary of the Treasury may designate. "SEC. 3. And be it further enacted, That the Secretary of the Treasury be, and he is hereby, authorized, if in his opinion it shall be advisable, to exchange any amount of the interest-bearing legal-tender notes authorized to be issued by this act for any of the bonds of the United States, seven and three-tenths per centum treasury notes, or certificates of indebtedness. "SEC. 4. And be it further enacted, That the amount of non-interestbearing legal-tender notes, as soon as practicable, shall be reduced to, and the maximum amount thereafter shall not exceed, $300, 000, 000. "SEC. 5. And be it further enacted, That in lieu of postage and revenue stamps for fractional currency, the Secretary of the Treasury may issue fractional notes of like amounts, in such form as he may deem expedient, and may provide for the engraving and preparation thereof in the Treasury Department building; and all such notes issued shall be received in payment of postage and revenue stamps, and of any dues to the United States less than five dollars, except customs, and shall be exchangeable at the office of the Treasurer of the United States, or of any assistant treasurer or designated depositary for United States notes of an equivalent amount: Provided, That the whole amount of fractional currency issued, including postage and revenue stamps issued as currency, shall not exceed $50,000, 000. "SEC. 6. And be it further enacted, That the Secretary of the Treasury is hereby authorized to receive deposits of coin and bullion with the Treasurer, or any assistant treasurer, of the United States, in sums not less than twenty dollars, and to issue receipts therefor in denominations of not less than twenty dollars each, and corresponding with the denominations of the government notes not bearing interest. The coin deposited for or representing said receipts shall be retained in the treasury for the payment of such receipts on demand, and for no other purpose whatever, except that such receipts representing coin held in the treasury for payment of interest on the public debt may be issued in payment of such interest to an extent not beyond onefifth more than the amount of coin in the treasury; and such receipts shall be received at par in payment for duties on imports as coin. "SEC. 7. And be it further enacted, That the United States notes and the coupon or registered bonds authorized by this act shall be in such form as the Secretary of the Treasury may direct, and shall bear the written or engraved signatures of the Treasurer of the United States and the Register of the Treasury, and also, as evidence of lawful issue, the imprint of a copy of the seal of the Treasury Department, which imprint shall be made under the direction of the Secretary, after the said notes or bonds shall be received from the engravers and before they are issued; or the said notes and bonds shall be signed by the Treasurer of the United States, or for the Treasurer by such persons as may be specially appointed by the Secretary of the Treasury for that purpose, and shall be countersigned by the Register of the Treasury, or for the Register by such persons as the Secretary of the Treasury may specially appoint for that purpose; and all the provisions of the act entitled "An act to authorize the issue of treasury notes," approved the 23d day of December, 1857, so far as they can be applied to this act, and not inconsistent therewith, are hereby revived and re-enacted. "SEC. 8. And be it further enacted, That all banks, associations, corporations, or individuals, issuing notes or bills for circulation as currency, shall be subject to and pay a duty of one per centum each half year from and after April first, eighteen hundred and sixty-three, upon |