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pro rata from banks organized in States having a circulation exceeding that provided for by the act entitled 'An act to amend an act entitled "An act to provide for a national currency secured by pledge of United States bonds, and to provide for the circulation and redemption thereof," approved March 3, 1865. To ascertain which the Comptroller of the Currency shall, under the direction of the Secretary of the Treasury, make a statement showing the amount of circulation to be retired by each of such banks, and shali

, when circulation is required, make a requisition for such amount upon such bank, commencing with banks in States having the largest excess of circulation, and reducing only the circulation of those having the greatest proportion in excess, leaving undisturbed those having a smaller proportion until those in greater excess have been reduced to the same grade ; and continuing thus to make the reduction in such States having an excess until the circulation of such banks shall, as nearly as possible, be equalized among the States and Territories, according to the appraised value of all property, real and personal, within such States and Territories ; the same to be ascertained by the certified statements of the governors of such States and Territories made biennially to the Secretary of the Treasury. But this act shall not apply to $150,000,000 of said circulation which shall be distributed according to representation in Congress. And upon failure of such bank to return the amount so required within one year aforesaid it shall be the duty of the Comptroller of the Currency to sell at public auction, having given twenty days' notice in a newspaper printed in Washington city and New York city; an amount of bonds deposited by said bank as security for its circulation equal to the circulation to be withărawn from such bank, and with the proceeds to redeem so many of the notes of such bank, as they come into the treasury, as will equal the amount required from it: Provided, That the circulation herein authorized shall be issued only as circulation is withdrawn, so that the aggregate circulation shall not at any time exceed $300,000,000." And the question being put, Will the House agree thereto?

96 It was decided in the affirmative, Nays. S Yeas ..

77 Not voting..

49 The yeas and nays being desired by one-fifth of the members present, Those who voted in the affirmative are

Mr. William B. Allison Mr. Grenville M. Dodge Mr. Alexander H. Jones
Stevenson Archer

Ignatius Donnelly Norman B. Judd
Delos R. Ashley
W. P. Edwards

George W. Julian
Jehu Baker

Benjamin Eggleston Francis W. Kellogg
John Beatty

Charles A. Eldridge Michael C. Kerr
James B. Beck
James T. Elliott

Bethuel M. Kitchen
John F. Benjamin John F. Farnsworth J. Proctor Knott
Austin Blair
Thomas W. Ferry

Israel G. Lash
Nathaniel Boyden
John R. French

William Lawrence
Henry P. H. Bromwell J. S. Golladay

Benjamin F. Loan
Ralph P. Buckland James H. Goss

John A. Logan
Charles W. Buckley Joseph J. Gravely Samuel S. Marshall
Albert G. Burr
Asa P. Grover

Horace Maynard
Benjamin F. Butler Thomas Haughey James R. McCormick
Roderick R. Butler
Isaac R. Hawking

Samuel McKee
John B. Callis
David Heaton

Carman A. Newcomb
Samuel F. Cary
William Higby

J. P. Newsham
Sidney Clarke
John Hill

Benjamin W. Norris
J. W. Clift
William S. Holman

David A. Nunn
Amasa Cobb

Benjamin F. Hopkins Godlove S. Orth
John Coburn

Asahel W. Hubbard Halbert E. Paine
Shelby M. Cullom
Morton C. Hunter

Charles W. Pierce
John T. Deweese Ebon C. Ingersoll

Frederick A. Pike
Oliver H. Dockery James A. Johnson

William A. Pile
Those who voted in the negative are-
Mr. Oakes Ames
Mr. Jacob Benton

Mr. John M. Broomall
James M. Ashley

George S. Boutwell Henry L. Cake Samuel B. Axtell

Benjamin M. Boyer John W. Chanler William H. Barnum James Brooks

John C. Churchill

Mr. Tobias A. Plants

Daniel Polsley
C. H. Prince
Logan H. Roots
Lewis W. Ross
Philetus Sawyer
Robert C. Schenck
John P. C. Shanks
Samuel Shellabarger)
William B. Stokes
John H. Stover
J. H. Sypher
John Taffe
Nelson Tift
John Trimble
Robert T. Van Horn
Philadelph Vau Trump
Martin Welker
B. F. Whittemore
William Williams
John T. Wilson
William Windom
George W. Woodward
P. M. B. Young.

Mr. Thomas Cornell

John Covode
Henry L. Dawes
Oliver J. Dickey

Mr. Ephraim R. Eckley Mr. William D. Kelley Mr. S. Newton Pettis Mr. Stephen Taber
Thomas D. Eliot
John H. Ketcham
Luke P. Poland

Caleb N. Taylor
Orange Ferriss

William H. Koontz Theodore M. Pomeroy Row'd E. Trowbridge William C. Fields Addison H. Laflin Hiram Price

Ginery Twichell John Fox

George V. Lawrence Samuel J. Randall Charles Upson
James A. Garfield
John Lynch

William H. Robertson Henry Van Aernam
J. Lawrence Getz
Rufus Mallory

William E. Robinson Burt Van Horn
John A. Griswold
James M. Marvin

Glenni W. Scofield Charles H. Van Wyck Charles Haight

Dennis McCarthy Charles Sitgreaves Hamilton Ward George A. Halsey George F. er

Worthington C. Smith Cadwal'r C. Washburn Charles M. Hamilton William Moore

Rufus P. Spalding Henry D. Washburn Julius Hotchkiss

James K. Moorhead H. H. Starkweather William B. Washburn Chester D. Hubbard Leonard Myers

Aaron F. Stevens

James F. Wilson Calvin T. Hulburd

William E. Niblack Thomas E. Stewart Fernando Wood James M. Humphrey Charles O'Neill

Frederick Stone

Fred'k E. Woodbridge. Thomas A. Jenckes

Those not voting are-
Mr. George M. Adams Mr. Reader W. Clarke Mr. Thomas L. Jones Mr. John A. Peters
George W. Anderson Burton C. Cook

William H. Kelsey Charles E. Phelps
Samuel M. Arnell
Simeon Corley

William S. Lincoln John V. L. Pruyn Alexander H. Bailey Columbus Delano

William Loughridge Green B. Raum
John D. Baldwin
Nathan F. Dixon

Hiram McCullough Lewis Selye
Nathaniel P. Banky John F. Driggs

Ulysses Mercur

Francis Thomas
Demas Barnes
Jacob H. Ela
Daniel J. Morrell

Lawrence S. Trimble Fernando C. Beaman Adam Glossbrenner John Morrissey

Daniel M. Van Auken John A. Bingham Samuel F. Gove James Mulling

Michael Vidal W. Jasper Blackburn Abner C. Harding

William Mungen

Ellihu B. Washburne James G. Blaine Samuel Hooper John A. Nicholson

Thomas Williams Thomas Boles Richard D. Hubbard Sidney Perham

Stephen F. Wilson. C.C. Bowen So the said amendment was agreed to.

The question then recurring on the motion of Mr. Pomeroy, as amended,

Mr. Ingersoll moved further to amend the same.
Pending which,

Mr. Pomeroy moved the previous question; which was seconded and the main question ordered to be put.

The amendment submitted by Mr. Ingersoll having been read, as follows, viz:

Strike out sections 2 and 4, and in lieu thereof insert the following:

“SEC. 2. And be it further enacted, That section 22 of the act to which this is supplementary be so amended that said section shall read as follows: In order to furnish suitable notes for circulation, the Comptroller of the Currency is hereby authorized and required, under the direction of the Secretary of the Treasury, to cause plates and dies to be engraved in the best manner, to guard against counterfeiting and fraudulent alterations, and to have printed therefrom, and numbered, such quantity of circulating notes, in blank, of the denominations of $1, 82, 83, 85, $10, $20, $50, $100, $500, and $1,000, as may be required to supply, under this act, the associations entitled to receive the same; which notes shall express upon their face that they are secured by United States bonds deposited with the Treasurer of the United States, by the written or engraved signatures of the Treasurer and Register, and by the imprint of the seal of the treasury; and shall also express upon their face the promise of the association receiving the same to pay on demand, attested by the signatures of the president or vice-president and cashier. And the said notes shall bear such devices and such other statements, and shall be in such form as the Secretary of the Treasury shall, by regulation, direct: Provided, That not more than one-sixth part of the notes furnished to an association shall be of a less denomination than $5, and that after specie payments shall be resumed no association shall be furnished with notes of a less denomination than $5.

“SEC. 3. And be it further enacted, that the Secretary of the Treasury is hereby authorized and directed to prepare and issue, as hereinafter directed, bonds of the United States, either coupon or registered, to the amount of $600,000,000, payable at the pleasure of the United States after 20 years from date in lawful money, and bearing interest at the rate of four per cent. per annum, payable semi-annually in coin. The bonds hereby authorized shall be of such denomination, not less than $50, as may be deemed expedient by the Secretary of the Treasury.

“SEC. 4. And be it further enacted, That the Secretary of the Treasury is hereby empowered to dispose of the bonds hereby authorized to be issued for lawful money of the United States at not less than their par value.

“SEC. 5. And be it further enacted, That each and every banking association organized and doing business under and by virtue of the act to which this is supplementary is hereby required to deposit with the Treasurer of the United States, within six months after the passage of this act, an amount of the bonds hereby authorized to be issued equal to the amount of bonds then on deposit by said associations, respectively, with the said Treasurer as security for the circulation and government deposits of such associations; and the said Treasurer is hereby authorized to receive from such associations the bonds hereby authorized to be issued in lieu of any other bonds held by him; and in case any such association shall fail to comply with the requirements of this section within six months from the passage of this act the Comptroller of the Currency shall forthwith appoint a receiver to wind up the business of such association in the manner provided by the act to which this is supplementary.

“SEC. 6. And be it further enacted, That from and after the passage of this act no bonds, except those to be issued under this act, shall be received by the Treasurer of the United States as security for the circulation of any such association, now or hereafter to be organized, or for security for United States deposits.

“Sec. 7. And be it further enacted, That the Secretary of the Treasury be, and he hereby is, directed to buy in open market, at the lowest market price, any of the gold-bearing interest bonds of the United States issued under any former act of Congress, with the lawful money received in exchange for the bonds hereby authorized to be issued; and he is hereby prohibited from using or disposing of in any other manner the lawful money 80 received in exchange for such bonds; and he is hereby further directed to cancel and destroy, in accordance with the manner now provided by laro, each and every bond so purchased as aforesaid under the provisions of this act.

“SEC. 8. And be it further enacted, That all acts and parts of acts inconsistent with this act are hereby repealed;" The question was put, Will the House agree thereto?"

Yeas

74 And it was decided in the negative, Nays.

99 Not voting....

49 The yeas and nays being desired by one-fifth of the members present, Those who voted in the affirmative are

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Mr. Michael C. Kerr Mr William E. Robinson
William H. Koontz

Robert C. Schenck
George V. Lawrence Glenni W. Scofield
Rufus Mallory

Worthington C. Smith
Samuel S. Marshall

Aaron F. Stevens
James M. Marvin

Thomas E. Stewart
Dennis MoCarthy

Frederick Stone
William Moore

Stephen Taber
James K. Moorhead Caleb N. Taylor
Leopard Myers

John Trimble
William E. Niblack Row'd E. Trowbridge
John A. Nicholson Ginery Twichell
Godlove S. Orth

Charles Upson
John A. Peters

Burt Van Horn
Luke P Poland

Charles H. Van Wyck
Theodore M. Pomeroy William Windom
Samuel J. Randall

Fernando Wood William H. Robertson George W. Woodward.

Those who voted in the negative are-
Mr. Oakes Ames
Mr. Jacob H. Ela

Mr. Bethuel M. Kitchen
Jehu Baker

Charles A. Eldridge J. Proctor Knott
John Beatty
Thomas D. Eliot

Israel G. Lash
James B. Beck

John F. Farnsworth William Lawrence
John A. Bingham Thomas W. Ferry

Benjamin F. Loan
Austin Blair
John R. French

John A. Logan
George S. Boutwell J. S. Golladay

William Loughridge
C. C. Bowen
James H. Goss

John Lynch
Nathaniel Boyden Joseph J. Gravely Horace Maynard
Henry P. H. Bromwell Asa P. Grover

James R. McCormick
Ralph P. Buckland Charles M. Hamilton Samuel McKee
Charles W. Buckley
Thomas Hanghey

George F. Miller
Albert G. Burr
Isaac R. Hawking

William Mungen
John B. Callis
David Heaton

Carman A. Newcomb
J. W. Clift
William Higby

J. P. Newsham
Amasa Cobb
John Hill

Benjamin W. Norris
John Coburn

Benjamin F. Hopkins David A. Nunn
Simeon Corley
Asahel W. Hubbard

Charles O'Neill
Shelby M. Cullom
Morton C. Hunter

Sidney Perham
John T. Deweese

Alexander H. Jones S. Newton Pettis Oliver H. Dockery Norman B. Judd

Charles W. Pierce Grenville M. Dodge George W. Julian

Frederick A. Pike Ignatius Donnelly William D. Kelley

William A. Pile John F. Driggs

Francis W. Kellogg Tobias A. Plants
W. P. Edwards

John H. Ketcham Daniel Polsley
Those not voting are-
Mr. George M. Adams Mr. Burton C. Cook Mr. Addison H. Laflin
William B. Allison
Columbus Delano

William S. Lincoln
George W. Anderson Oliver J. Dickey

Hiram McCullough
Samuel M. Arnell
Nathan F. Dixon

Ulysses Mercur
Delos R. Ashley

Benjamin Eggleston Daniel J. Morrell Alexander H. Bailey James A. Garfield

John Morrissey John D. Baldwin

Adam J. Glossbrenner James Mullins Nathaniel P. Banks Samuel F. Gove

Halbert E. Paine Demas Barnes

Abner C. Harding Charles E. Phelps John F. Benjamin Samuel Hooper

Hiram Price
James G. Blaine

Richard D. Hubbard John V. L. Pruyn
Thomas Boles
Thomas L. Jones

Green B. Raum
Reader W. Clarke

Mr. C. H. Prince

Logan H. Roots
Lewis W. Ross
Philetus Sawyer
John P.C. Shanks
Samuel Shellabarger
Charles Sitgreaves
Rufus P. Spalding
H. H. Starkweather
William B. Stokes
John H. Stover
John Taffe
Francis Thomas
Robert T. Van Horn
Hamilton Ward
Cadwal'r C. Washburn
Henry D. Washburn
William B. Washburn
Martin Welker
B. F. Whittemore
William Williams
John T. Wilson
Fred'k E. Woodbridge
P. M. B. Young.

Mr. Lewis Selye

J. H. Sypher
Nelson Tift
Lawrence S. Trimble
Henry Van Aernam
Daniel M. Van Auken
Philadelph Van Trump
Michael Vidal
Ellihu B. Washburne
Thomas Williams
James F. Wilson
Stephen F. Wilson.

So the said amendment was disagreed to.
Mr. Miller moved that the said bill be laid on the table,
And the question being put,
Yeas

84 It was decided in the negative, Nays

95 Not voting

43 The yeas and nays being desired by one-fifth of the members present,

Those who voted in the affirmative areMr. Oakes Ames

Mr. Oliver J. Dickey Mr. George V. Lawrence Mr, Glenni W. Scofield Stevenson Archer Thomas D. Eliot John Lynch

Charles Sitgreaves James M. Ashley Orange Ferriss Rufus Mallory

Worthington C. Smith John D. Baldwin William C. Fields James M. Marvin

Rufus P. Spalding Nathaniel P. Banks John Fox Dennis McCarthy

H. H. Stark weather William H. Barnum J. Lawrence Getz

George F. Miller

Aaron F. Stevens Fernando C. Beaman John A. Griswold

William Moore

Thomas E. Stewart Jacob Benton Charles Haight

James K. Moorhead Stephen Taber George S. Boutwell George A. Halsey

Leonard Myers

Caled N. Taylor Benjamin M. Boyer John Hill

Charles O'Neill

Francis Thomas James Brooks Samuel Hooper Sidney Perham

Ginery Twichell John M. Broomall Julius Hotchkiss John A. Peters

Charles Upson Benjamin F. Butler Chester D. Hubbard $. Newton Pettis

Henry Van Aernam
Henry L. Cake
Calvin T. Hulburd
Tobias A. Plants

Burt Van Horn
Samuel F. Cary
James M. Humphrey Luke P. Poland

Charles H. Van Wyck John W. Chanler

Thomas A. Jenckes Theodore M. Pomeroy Hamilton Ward
John C. Churchill
James A. Johnson
Hiram Price

William B. Washburn
Sidney Clarke
William D. Kelley
John V. L. Prayn

James F. Wilson Thomas Cornell John H. Ketcham Samuel J. Randall

Fernando Wood John Covode William H. Koontz

William H. Robertson Fred'k E. Woodbridge Henry L. Dawes Addison H. Laflin

William E. Robinson George W. Woodward.
Those who voted in the negative are-
Mr. William B. Allison Mr. John F. Benjamin Mr. Charles W. Buckley Mr. Amasa Cobb
Delos R. Ashley
Austin Blair
Albert G. Burr

John Coburn
Samuel B. Axtell
C. C. Bowen

Roderick R. Butler Simeon Corley
Jehu Baker
Nathaniel Boyden
Jobn B. Callis

John T. Deweese John Beatty

Henry P. H. Bromwell Reader W. Clarke Oliver H. Dockery James B. Beck Ralph P. Buckland J. W. Clift

Grenville M. Dodge

Mr. Ignatius Donnelly Mr. William S. Holman Mr. Samuel McKee Mr. John P. O. Shanks Ephraim R. Eckley Benjamin F. Hopkins William Mungen

Samuel Shellabarger Benjamin Eggleston Asahel W. Hubbard Carman A. Newcomb William B. Stokes Jacob H. Ela Morton C. Hunter William E. Niblack

Frederick Stone Charles A. Eldridge Alexander H. Jones John A. Nicholson

John H. Stover
John F. Farnsworth Norman B. Judd

Benjamin W. Norris John Taffe
Thomas W. Ferry
George W. Julian
David A. Nunn

John Trimble
John R. French
Michael C. Kerr
Godlove S. Orth

Row'd E. Trowbridge
James A. Garfield
Bethuel M. Kitchen
Halbert E. Paine

Robert T. Van Horn J. S. Golladay J. Proctor Knott Charles W. Pierce

Philadelph Van Trump Saıntıl F. Gove Israel G. Lash Frederick A. Pike

Henry D. Washburn
Joseph J. Gravely
William Lawrence
William A. Pile

Martin Welker
Asa P. Grover
Benjamin F. Loan
Daniel Polsley

B. F. Whittemore Charles M. Hamilton John A. Logan

C. H. Prince

William Williams
Thomas Haughey
William Loughridge Logan H. Roots

John T. Wilson
Isaac R. Hawkins
Samuel S. Marshall
Lewis W. Ross

William Windom
David Heaton
Horace Maynard
Philetus Sawyer

P. M. B. Young.
William Higby

James R. McCormick Robert C. Schenck
Those not voting are-
Mr. George M. Adams Mr. Columbus Delano Mr. Francis W. Kellogg Mr. Lewis Selye
George W. Anderson Nathan F. Dixon

William H. Kelsey J. H. Sypher
Samnel M. Arnell
John F. Driggs
William S. Lincoln

Nelson Tift
Alexander H. Bailey W. P. Edwards

Hiram McCullough Lawrence S. Trimble Demas Barnes James T. Elliott Ulysses Mercur

Daniel M. Van Auken John A. Bingham Adam J. Glossbrenner Daniel J. Morrell

Michael Vidal W. Jasper Blackburn James H. Gons

John Morrissey

Cadwal'r C. Washburn James G. Blaine Abner C. Harding James Mullins

Ellihu B. Washburne Thomas Boles Richard D. Hubbard J. P. Newsham

Thomas Williamy Burton C. Cook Ebon C. Ingersoll Charles E. Phelps

Stephen F. Wilson. Snelby M. Cullom Thomas L. Jones

Green B, Raum

So the House refused to lay the bill on the table.

The question then recurred on the motion of Mr. Pomeroy to recommit with instructions, as amended,

And being put, it was decided in the affirmative.
And thereupon,

Mr. Pomeroy, from the Committee on Banking and Currency, reported the said bill with an amendment, as instructed by the House.

Pending the question on agreeing thereto,
Mr. Judd moved the previous question; which was seconded.
The question was then put, Shall the main question be now put?

Yeas.

95 And it was decided in the affirmative, Nays.

76 Not voting

51 The yeas and nays being desired by one-fifth of the members present, Those who voted in the affirmative are

Mr. William B. Allison Mr. John T. Deweese Mr. Alexander H. Jones
Delos R. Ashley

Oliver H. Dockery Norman B. Judd
Jehu Baker

Grenville M. Dodge George W. Julian Fernando C. Beaman Ignatius Donnelly

Michael C. Kerr
John Beatty

Ephraim R. Eckley Bethuel M. Kitchen
James B. Beck
W.P. Edwards

J. Proctor Knott
John F. Benjamin Benjamin Eggleston Israel G. Lash
Austin Blair

Thomas W. Ferry Benjamin F. Loan
C. C. Bowen
John R. French

John A. Logan
Nathaniel Boyden J. S. Golladay

William Loughridge Henry P. H. Bromwell James H. Goss

Samuel S. Marshall Ralph P. Buckland Samuel F. Gove

Horace Maynard
Charles W. Buckley Joseph J. Gravely

Samuel McKee
Albert G. Burr
Asa P. Grover

Carman A. Newcomb
Roderick R. Butler

Charles M. Hamilton J. P. Newsham
John B. Callis

Thomas Haughey Benjamin W. Norris
Samuel F. Cary
Isaac R. Hawkins

David A. Nunn
Reader W. Clarke
David Heaton

Godlove S. Orth
Sidney Clarke
William Higby

Halbert E. Paine
J. W. Clift

William S. Holman Charles W. Pierce Amasa Cobb

Benjamin F. Hopkins William A. Pile
Jobn Coburn

Asahel W. Hubbard Daniel Polsley
Simeon Corley
Morton C. Hunter

C. H. Prince
Shelby M. Cullom James A. Johnson

Green B. Raum
Those who voted in the negative are-
Mr. Oakes Ames

Mr. Samuel B. Axtell Mr. Jacob Benton
Stevenson Archer

Nathaniel P. Banks John A. Bingham James M. Ashley

William H. Barnum George S. Boutwell

Mr. Logan H. Roots

Lewis W. Ross
Philetus Sawyer
Robert C. Schenck
John P. C. Shanks
Samuel Shellabarger
William B. Stokes
John H. Stover
J. H. Sypher
John Taffe
Row'd E. Trowbridge
Robert T. Van Horn
Philadelph Van Trump
Cadwal'r C. Washburn
Henry D. Washburn
Martin Welker
B. F. Whittemore
William Williams
James F. Wilson
John T. Wilson
William Windom
Fred'k E. Woodbridge
P. M. B. Young.

Mr. Benjamin M. Boyer

James Brooks
John M. Broomall

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