burgh, Wadsworth, Ward, Whaley, Wheeler, Chilton A. White, Joseph W. White, Winfield-71.

NAYS-Messrs. Alley, Allison, Ames, Anderson, Arnold, John D. Baldwin, Baxter, Beaman, Blaine, Blair, Blow, Boutwell, Boyd, Broomall, William G. Brown, Cobb, Cole, Creswell, Henry Winter Davis, Thomas T. Davis, Demig, Dixon, Donnelly, Driggs, Eckley, Eliot, Fenton. Garfield, Gooch, Hale, Higby, Hooper, Asahel W. Hubbard, John H. Hubbard, Hulburd, Ingersoll, Jenckes, Julian, Kelley, Francis W. Kellogg, Orlando Kellogg, Littlejohn, Loan, Longyear, Marvin, McBride, McClurg. McIndoe, Moorhead, Daniel Morris, Amos Myers, Leonard Myers, Norton, Chas. O'Neill, Orth, Perham, Pike, Alexander H. Rice, John H. Rice, Edward H. Rollins, Schenck, Scofield, Shannon, Sloan, Smith, Smithers, Spalding, Stevens, Thayer. Upson, Ellihu B. Washburne, Wm. B. Washburn, Webster, Williams, Wilder, Wilson, Windom-77.

Taxation.

THE INTERNAL REVENUE AND TARIFF ACT OF 1861. First Session, Thirty-Seventh Congress. The bill to provide increased revenue from imports, &c., passed the House August 2, 1861 -yeas 89, nays 39. The NAYS were:

IN SENATE.

May 29-Mr. SUMNER offered this new section: That an annual tax of five dollars shall be paid by every person or persons, corporation, or society, for and on account of the service or labor of every other pers between the ages of ten and sixty-five years, whose service or labor, for a term of years or for life, is claimed to be owned by such first mentioned person or persons, corporation, or society, whether in a fiduciary capacity, or otherwise, under and by virtue of the laws or customs of any State; and said annual tax shall be levied and collected of the person or persons, corporation, or society, making such claim, and of their goods, chattels, or lands, as is hereinbefore provided; but in no case shall the person or persons whose service or labor is so claimed, or their service or labor, be sold for the purpose of collecting said tax: Provided, That this tax shall not apply to service due to parents.

Mr. HENDERSON moved to add this proviso: That the tax herein prescribed shall not be levied or collected in any State where a system of gradual emancipation may have been adopted at the time of the collection. Which was rejected—yeas 15, nays 20, as follows:

YEAS-Messrs. Browning, Dixon, Doolittle, Grimes, Hale, Harlan, Harris, Howe, Lane of Indiana, Pomeroy, Sherman, Ten Eyck, Wiley, Wilson of Massachusetts, Wright, NAYS-Messrs. Anthony, Carlile, Chandler, Clark, Collamer, Cowan, Davis, Fessenden, Foster, Howard, Kennedy, King, Lane of Kansas, Morrill, Powell, Saulsbury, Sumner, Trumbull, Wilkinson, Wilmot-20.

Messrs. Allen, Ancona, Beaman, Burnett, Cox, Cravens, Crittenden, Dunlap, English, Grider, Haight, Harding, Holman, Jackson, Johnson, Law, Logan, Mallory, May, Menzies, Mor--15. ris, Noble, Norton, Odell, Pendleton, Reid, James S. Rollins, Shiel, Smith, Trowbridge, Vallandigham, Vibbard, Voorhees, Wadsworth, Ward, Webster, Chilton A. White, Woodruff, Wright-39.

Same day, it passed the Senate-yeas 34, nays 8, (Messrs. Breckinridge, Bright, Johnson of Missouri, Kennedy, Latham, Polk, Powell, Saulsbury.)

Mr. FESSENDEN moved to amend Mr. SUMNER's, by reducing the tax from five to two dollars, which was agreed to:

YEAS-Messrs. Anthony, Browning, Chandler, Clark, Collamer, Cowan, Davis, Dixon, Doolittle, Fessenden, Foster, Grimes, Hale, Harlan, Harris, Howard, Howe, Kennedy, Lane of Indiana, Lane of Kansas, Morrill, Powell, Sherman, Simmons, Ten Eyck, Wade, Willey, Wright-28. NAYS-Messrs. Carlile, King, Latham, McDougall, Pome roy, Saulsbury, Sumner, Trumbull, Wilmot, Wilson of Mas

THE INTERNAL REVENUE ACT Or 1862. Second Session, Thirty-Seventh Congress. 1862, April 8-The House passed the bill to provide internal revenue, support the Government, and pay interest on the public debt-sachusetts-10. yeas 126, nays 15. The NAYS were

Messrs. William Allen, George H. Browne, Buffinton, Cox, Kerrigan, Knapp, Law, Norton, Pendleton, Richardson, Shiel, Vallandigham, Voorhees, Chilton A. White, Wickliffe

-15.

June 6-The bill passed in the Senate-yeas 37, nay 1, (Mr. Powell.)

TAX ON SLAVES.

While this bill was pending in the House, April 8-Mr. BLAIR, of Missouri, offered this as a new section:

SEC.. That any person who shall claim to own the service or labor for life of any person under the laws of any State, shall pay on account of the service of each person so held the sum of two dollars.

Which was rejected-yeas 51, nays 76, as follows:

YEAS-Messrs. Aldrich, Arnold, Babbitt, Baxter, Beaman, Francis P. Blair, Samuel S. Blair, Blake, Campbell, Clark, Clements, Colfax, Frederick A. Conkling, Roscoe Conkling, Covode, Davis, Dawes, Duell, Edgerton, Eliot, Fessenden, Gurley, Hanchett, Hickman, Kelley, Francis W. Kellogg, Killinger, Lansing, Loomis, McPherson, Mitchell, Moorhead. Anson P. Morrill, Justin S. Morrill, Olin, Patton, Pike, John H. Rice, Edward H. Rollins, Shanks, Sherman, Sloan, Epaulding, Stevens, Van Valkenburgh, Verree, Wallace, E. P. Walton, Wheeler, Wilson, Windon-51.

NAYS-Messrs. Allen, Alley, Baker, Biddle, Bingham, Jacob B. Blair, William G. Brown, Buffinton, Calvert, Chamberlain, Cobb, Corning, Cox, Cravens, Crittenden, Delaplaine, Diven, Dunlap, Dunn, Edwards, English, Fisher, Frank, Granger, Grider, Haight, Hale, Hall, Harding, Harrison, Hooper, Horton, Hutchins, Julian, Kerrigan, Knapp, Law, Lazar, Leary, Lehman, Lovejoy, Mallory, Menzies, Noble, Noell, Norton, Nugen, Pendleton, Perry, Timothy G. Phelps, Pomeroy, Porter, Potter, Price, Alexander H. Rice, Riddle, James S. Rollins, Sargont, Sheffield, Sheilabarger, Shiel, Smith, John B. Steele, William G. Steele, Stratton, Benjamin F. Thomas, Francis Thomas, Trowbridge, Vallandigham, Van Horn, Wadsworth, Webster, Albert S. White, Chillon White, Wickliffe, Wright-76.

Mr. SUMNER'S amendment was then rejected -yeas 14, nays 22, as follows:

YEAS-Messrs. Anthony, Clark, Fessenden, Grimes, Harlan, Howard, Howe, King, Lane of Kansas, Morrill, Simmons, Sumner, Trumbull, Wade-14.

Dixon, Doolittle, Foster, Hale, Harris, Kennedy, Lane of
NAYS-Messrs. Bayard, Browning, Carlile, Cowan, Davis,
Indiana, Latham, McDougall, Pomeroy, Powell, Saulsbury,
Sherman, Ten Eyck, Willey, Wilson of Massachusetts,
Wright-22.

June 5-Mr. SUMNER offered this as a new section:

That every person claiming the service or labor of any other person as a slave, shall pay a tax of two dollars on account of every person so claimed. But in no case shall any person so claimed be sold for the purpose of collecting

the tax.

Which was agreed to-yeas 19, nays 16, as follows:

YEAS-Messrs. Anthony, Chandler, Clark, Collamer, Fessenden, Foot, Grimes, Harlan, Howard, Howe, King, Morrill, Pomeroy, Rice, Simmons, Sumner, Wilkinson, Wilmot-19.

NAYS-Messrs. Browning, Carlile, Cowan, Davis, Dixon, Doolittle, Foster, Hale, Lane of Indiana, Latham, Nesmith, Powell, Willey, Wilson of Massachusetts, Wright-16.

June 6-Mr. ANTHONY moved to reconsider this vote; which was agreed to-yeas 22, nays 18, as follows:

YEA Messrs. Bayard, Browning, Carlile, Cowan, Davis, Dixon, Doolittle, Foster, Hale, Harris, Kennedy, Lane of Indiana, Latham, McDougall, Nesmith, Powell, Rice, Saulsbury, Stark, Ten Eyck, Willey, Wright-22.

NAYS-Messrs. Anthony, Chandler, Clark, Fessenden, Foot, Grimes, Harlan, Howard, Howe, King, Morrill, Pomeroy, Simmons, Sumner, Trumbull, Wade, Wilkinson,

Wilmot-18.

Mr. Howe moved to amend the amendment by inserting after the word "claimed" the words, "except those under ten and over sixty

years of age," which was agreed to, and the TAXES IN INSURRECTIONARY DISTRICTS, 1864. amendment, as amended, was then rejectedyeas 17, nays 23, as follows:

YEAS-Messrs. Anthony, Chandler, Clark, Fessenden, Foot, Grimes, Harlan, Howard, Howe, King, Morrill, Simmons, Sumner, Tvumbull, Wade, Wilkinson, Wilmot-17. NAYS-Messrs. Layard, Browning, Carlile, Cowan, Davis, Dixon, Doclittis, Forter, Hale, Harris, Kennedy, Lane of Indiana, Latham, McDougall, Nesmith, Powell, Rice, Sauls

bury, Stark, Ten Eyck, Willey, Wilson of Mass., Wright The National Currency Act* of 1863.

The bill, as finally agreed upon by a Com-the mittee of Conference, passed without a division.

My approval is given in order that every possible facility Second Session, Thirty-Seventh Congress. may be afforded for the prompt discharge of all arrears of

pay due to our soldiers and our sailors.

While giving this approval, however, I think it my duty to express my sincere regret that it has been found neces sary to authorize so large an additional issue of United States notes when this circulation, and that of the sus pended banks together, have become already so redundant as to increase prices beyond real values, thereby augmentdi-ing the cost of living to the injury of labor, and the cost of supplies to the injury of the whole country.

June 4 The House passed the bill-yeas 81, banks and without adequate provision for the raising of nays 28.

May 28 The bill passed House- yeas 98, nouncement of my approval of the joint resolution which ПЯys 17. The NAYS were :

NAYS-Messrs. Carlile, Collamer, Cowan, Davis, Dixon, | fifty, one hundred, five hundred, and one thou-
Foot, Grimes, Henderson, Hicks, Kennedy, King, Latham, sand dollars-yeas 76, nays 54, as follows:
McDougall, Powell, Rice, Richardson, Saulsbury, Trumbull,
Turpie, Wall, Wilson of Missouri-21.

IN HOUSE.

YEAS-Messrs. Alley, Allison, Ames, Anderson, Ashley, John D. Baldwin, Baxter, Beaman, Blaine, Blow, Boutwell, Boyd, Broomall, Ambrose W. Clark, Cobb, Cole, Dixon, Donnelly, Driggs, Eckley, Eliot, Frank, Ganson, Gooch, John H. Hubbard, Jenckes, Julian, Kasson, Kelley, Francis W. Kellogg, Orlando Kellogg, Loan, Longyear, Marvin, McBride, McClurg, Samuel F. Miller, Moorhead, Morrill, Daniel Morris, Amos Myers, Leonard Myers, Charles O'Neill, Co-Orth, Patterson, Perham, Pomeroy, Price, Pruyn, Radford, William H. Randall, Alexander H. Rice, John H. Rice, Edward H. Rollins, Schenck, Scofield, Shannon, Spalding, Starr, Stevens, Thayer, Upson, Van Valkenburgh, Ellihu B. Washburne, William B. Washburn, Whaley, Williams, Wilder, Wilson, Windom, Woodbridge-76.

February 20-The bill passed-yeas 78, uays Grinnell, Griswold, Hale, Hotchkiss, Asahel W. Hubbard, 64, as follows:

YEAS--Messrs. Aldrich, Alley, Ashley, Babbitt, Beaman, Bingham, Jacob B. Blair, Blake, Buflinton, Calvert, Camp bell, Casey, Chamberlain, Clements, Colfax, Conway, vode, Cutler, Davis, Delano, Dunn, Edgerton, Eliot, Ely, Fenton, Samuel C. Fessenden, Thomas A. D. Fessenden, Fisher, Frank, Goodwin, Granger, Hahn, Haight, Ilickman, Hooper, Hutchins, Julian, Kelley, Francis W. Kellong, William Kellogg, Lansing, Leary, Lovejoy, Low, McIndoe, McKean, McPherson, Marston, Maynard, Moorhead, Anson P. Morrill, Noell, Olin, Patton, Timothy G. Phelps, Potter, Alexander H. Rice, John H. Rice, Sargent, Sedgwick, Segar, Shanks, Shellabarger, Sherman, Sloan, Spaulding, Stevens, Trimble, Trowbridge, Van Horn, Van Wyck, Verree, Wall, Wallace, Washburne, Albert S. White, Windom, Worcester-78.

NAYS-Messrs. James C. Allen, William J. Allen, Ancona, Baily, Augustus C. Baldwin, Bliss, Brooks, James S. Brown, William G. Brown, Chanler, Cox, Dawson, Denison, Eden, Eldridge, English, Finck, Grider, Harrington, Herrick, Hol man, Philip Johnson, William Johnson, Kalbfleisch, Ker nan, Law, Long, Mallory, Marcy, McKinney, Middleton, William H. Miller, James R. Morris, Morrison, Nelson, John Neill, Pendleton, Samuel J. Randall, Robinson, Rogers, Strouse, Sweat, Thomas, Voorhees, Wheeler, Chilton A. White, Joseph W. White, Winfield, Benjamin Wood, Yea

man-54.

INTEREST.

NAYS-Messrs. William Allen, Ancona, Baily, Baker, Baxter, Biddle, Cobb, Frederick A. Conkling, Roscoe Conk-James S. Rollins, Scott, John B. Steele, William G. Steele, ling. Cox, Cravens, Crienden, Dawes, Edwards, English, Gooch, Grider, Gurley, Hall, Harding, Harrison, Holman, Horton, Johnson, Kerrigan, Knapp, Law, Lazear, Loomis, Mallory, May, Menzies, Justin S. Morrill, Morris, Nixon, Noble, Norton, Nugen, Odell, Pendleton, Perry, Pike, Pomeroy, Porter, Price, Robinson, James S. Rollins, Sheffield, Shiel, John B. Steele, William G. Steele, Stiles, Stratton, Benjamin F. Thomas, F. Thomas, Vallandigham, Wads worth, Wheeler, Whaley, Chilton A. White, Wickliffe, Wilson, Woodruff, Wright-64.

THE ACT OF 1864.

April 18-The bill passed the House-yeas 80, nays 66, as follows:

YEAS-Messrs. Alley, Allison, Ames, Anderson, Arnold, Ashley, John D. Baldwin, Baxter, Beaman, Blaine, Jacob B. Blair, Boutwell, Boyd, Broomall, W. G. Brown, A.W. Clark, Freeman Clarke, Cobb, Cole, Creswell, Dawes, Deming, T. T. Davis, Donnelly, Driggs, Dumont, Eckley, Farnsworth, Fenton, Frank, Garfield, Gooch, Grinnell, Higby, Hooper, Hotchkiss, Asahel W. Hubbard, John H. Hubbard, Jenckes, Julian, Kasson, Kelley, Francis W. Kellogg, Orlando Kellogg, Loan, Longyear, Marvin, McBride, McClurg, McIndoe, Samuel F. Miller, Moorhead, Morrill, Daniel Morris, Amos Myers, Norton, Charles O'Neill, Orth, Patterson, Perham, Price, William H. Randall, John H. Rice, Edward H. Rollins, Shannon, Sloan, Smith, Stevens, Thayer, Tracy, Upson, Van Valkenburgh, Ellihu B. Washburne, William B. Washburn, Webster, Williams, Wilder, Wilson, Windom, Woodbridge-80.

The section enacting that seven per cent, interest shall be deemed the lawful interest in all States where no rate is established, but each bank shall be bound by the State law regulating interest in the State where it is located, was agreed to-yeas 89, nays 45.

This section:

STATE TAXATION.

That nothing in this act shall be construed to prevent the taxation by States of the capital stock of banks organized under this act, the same as the property of other moneyed corporations, for State or municipal purposes; but no State shall impose any tax upon such associations or their capi tal, circulation, dividends, or business, at a higher rate of taxation than shall be imposed by such State upon the same amount of moneyed capital in the hands of individual citizens of such State.

Was adopted-yeas 78, nays 56, as follows: YEAS-Messrs. James C. Allen, William J. Allen, Ancona, Baily, Augustus C. Baldwin, Bliss, Brooks, Broomall, James S. Brown, William G. Brown, Chanler, Clay, Cox, Cravens, Dawson, Denison, Eden, Eldridge, English, Finck, Ganson, Grider, Griswold, Hall, Harrington, Benjamin G. Harris, Herrick, Holman, Hotchkiss, Philip Johnson, William Johnson, Kalbfleisch, Orlando Kellogg, Kernan, Law, Lazear, Long, Mallory, Marcy, McKinney, Middleton, Samuel F. Miller, William H. Miller, James R. Morris, Morrison, Amos Myers, Nelson, Odell, John O'Neill, Orth, Pendleton, Pike, Pomeroy, Pruyn, Radford, Samuel J. Randall, William II. Mid-Randall, John H. Rice, Robinson, Rogers, Scofield, Scott, Starr, John B. Stecle, William G. Steele, Stronuse, Sweat, Tracy, Van Valkenburgh, Ward, Whaley, Wheeler, Chilton A. White, Joseph W. White, Windom, Winfield, Benjamin Wood, Yeaman-78.

NAYS-Mosrs. J. C. Allen, W. J. Allen, Ancona, Baily, A. C. Bildwin, Francis P. Blair, Bliss, Brooks, Chanler, Clay, Cofroth, Cravens, Dawson, Denison, Eden, Eldridge, Finck, Ganson, Grider, Griswold, Hall, Harding, Harrington, Ben jamin G. Harris, Charles M. Harris, Herrick, Holman, Hutchins, William Johnson, Kernan, King, Knapp, Law, Lazear, Long, Mallory, Marcy, McDowell, McKinney, dleton, William H. Miller, James R. Morris, Morrison, Nelson, Noble, Odell, Pendleton, Pruyn, Radford, Samuel J. Randall, Robinson, Rogers, Ross, Scott, John B. Steele, W. G. Steele, Stiles, Strouse, Stuart, Thomas, Wheeler, Chilton A. White, Joseph W. White, Winfield, Fernando Wood, Yeamun-66.

May 10-The Senate passed it-yeas 30, nays 9. as follows:

YEAS-Messrs. Anthony, Chandler, Clark, Collamer, Conpess, Dixon, Doolittle, Fessenden, Foot, Foster, Hale, Harlan, Howard, Howe, Johnson, Lane of Indiana, Lane of Kansas, Morgan, Morrill, Pomeroy, Ramsey, Sherman, Sprague, Sumner, Ten Eyck, Trumbull, Van Winkle, Wil kinson, Willey, Wilson-30.

NAYS-Messrs. Buckalew, Cowan, Davis, Grimes, Hender on, Powell, Richardson, Riddle, Saulsbury-8. IN HOUSE.

SMALL NOTES.

Pending the consideration of this bill, April 6 A section was adopted, authorizing the issue to those banks of notes of the denominations of one, two, three, five, ten, twenty,

NAYS-Messrs. Alley, Allison, Ames, Anderson, Ashley, John D. Baldwin, Baxter, Beaman, Blaine, Blow, Boutwell, Dixon, Donnelly, Driggs, Eckley, Eliot, Frank, Gooch, Grin Boyd, Ambrose W. Clark, Cobb, Cole, Thomas T. Davis, nell, Hale, Hooper, Asahel W. Hubbard, John H. Hubbard, Jenckes, Julian, Kasson, Kelley, Francis W. Kellogg, Loan, Longyear, Marvin, McBride, McClurg, Morrill, Daniel Mor ris, Leonard Myers, Charles O'Neill, Perham, Price, Alexan der H. Rice, Edward H. Rollins, Schenck, Shannon, Smithers, Spalding, Stevens, Thayer, Upson, Ellihu B. Washburne, William B. Washburn, Wilder-56.

MR. STEVENS'S SUBSTITUTE.

Upon these and other amendments being adopted, Mr. STEVENS offered a substitute for the whole bill, which he explained as differing from the amended bill in these respects only:

The substitute provides for a uniform rate of interest at seven per cent., and withdraws these national banks from State taxation and leaves them to be taxed by the national Government.

Which was rejected-yeas 59, nays 78, as follows:

NAYS-Messrs. James C. Allen, William J. Allen, Augustus C. Baldwin, Brooks, James S. Brown, Chanler, Crarens, Creswell, Henry Winter Davis, Dawson, Eden, Eldridge, Finck, Ganson, Hall, Harding, Harrington, Benjamin G. Harris, Herrick, Holman, Asahel W. Hubbard, Hutchins, William Johnson, Kalbfleisch, Kelley, Kernan, King, Knapp, Law, Lazear, Long, Marcy, McBride, McDowell, McKinney, William H. Miller, James R. Morris, Morrison, Nelson, Noble, Odell, Pendleton, Pruyn, Radford, Samuel J. Randall, Robinson, James S. Rollins, Ross, Scott, John B. Sterle, Strouse, Stuart, Thayer, Thomas, Wheeler, Chilton A. White, Joseph W. White, Williams, Winfield, Fernando Wood The bill was then passed.

YEAS-Messrs. Alley, Allison, Ames, Anderson, Ashley, John D. Baldwin, Baxter, Beaman, Blow, Boutwell, Boyd, Broomall, Ambrose W. Clark, Cobb, Cole, Thomas T. Davis, Dixon, Donnelly, Driggs, Eckley, Eliot, Frank, Garfield, Gooch, Grinnell, Hale, Hooper, John H. Hubbard, Jenckes, Julian, Kasson, Kelley, Francis W. Kellogg, Loan, Longyear, Marvin, McBride, McClurg, Morrill, Daniel Morris, Leonard Myers, Charles O'Neill, Patterson, Perham, Alexander II. Rice, Edward H. Rollins, Schenck, Scofield, Shannon, Spalding, Starr, Stevens, Thayer, Thomas, Upson, Wil--60. liam B. Washburn, Wilder, Windom, Woodbridge-59.

NAYS-Messrs. James C. Allen, William J. Allen, Ancona, Baily, Augustus C. Baldwin, Blaine, Bliss, Brooks, James S. Brown, William G. Brown, Chanler, Clay, Cor, Cravens, Dawson, Denison, Eden, Eldridge, English, Finck, Ganson, Grider, Griswold, Hall, Harrington, Benjamin G. Harris, Herrick, Holman, Hotchkiss, Asahel W. Hubbard, Philip Johnson, William Johnson, Kalbfleisch, Orlando Kellogg, Kernan, Lat, Lang, Mallory, Marcy, McKinney, Middleton, William H. Miller, James R. Morris, Morrison, Amos Myers, Nelson, Odell, John O'Neill, Orth, Pendleton, Pike, Pomeroy, Price, Pruyn, Radford, Samuel J. Randall, William II. Randall, John H. Rice, Robinson, Rogers, James S. Rollins, Scott, Smithers, John B. Steele, W. G. Steele, Strouse, Sweat, Tracy, Van Valkenburgh, Ward, Ellihu B. Washburne, Wheeler, Chilton A. White, Joseph W. White, Wilson, Winfield, Benjamin Wood, Yeaman-78.

STATE TAXATION.

IN SENATE.

ON TAXATION.

April 29-The Senate committee reported a substitute for Mr. FENTON's amendment adopted by the House, which proposed that—

In lieu of all other taxes every association shall pay to the Treasurer of the United States, in the months of January and July, a duty of one half of one per cent. each half year from and after the 1st day of January, 1864, upon the average amount of its notes in circulation, and a duty of one quarter of one per cent. each half year upon the averago amount of its deposits, and a duty of one quarter of one per cent, each half year, as aforesaid, on the average amount On Mr. STEVENS's motion, the bill was then of its capital stock beyond the amount invested in United tabled--yeas 91, nays 44. States bonds. * Provided, That nothing in this act shall be construed to prevent the market value of the shares in any of the said associations, held by any per son or body-corporate, from being included in the valuation of the personal property of such person or corporation in the assessment of all taxes imposed by or under State authority for State, county, or municipal purposes; but not at a greater rate than is assessed upon all other moneyed capital in the hands of individual citizens of such State. And all the remedies provided by State laws for the collection of such taxes shall be applicable thereto: Provided, also, That nothing in this act shall exempt the real estate of associa tions from either State, county, or municipal taxes to the same extent, according to its value, as other real estate is taxed.

April 16-A new bill, previously introduced, was considered, containing (among others) this provision :

"Every organization under this act shall pay to the Treasurer of the United States a duty of one per cent, each aalf year, from and after the 1st day of April, in the year 1864, upon the maximum amount of their circulating notes during the six months; and in default of such payment the Treasurer of the United States is hereby authorized to retain one per cent. of the amount of bonds required to be deposited as security for such circulation at each semi-annual payment of the interest thereon; and such duty and the taxes or duties imposed by Congress from time to time shall be in lieu of all other taxes on such associations: Provided, That nothing in this act shall be construed to prevent the market value of the shares in any of the said banking associations, held by any person or body-corporate created by State law, being included in the valuation of the aggregate personal property of such person or State corporation in assessing any tax imposed by any State or municipal authority on the aggregate personal estate of all persons subject to the authority of such State or mun.cipality."

Mr. FENTON moved to substitute this:

And that nothing in this act shall be construed to prevent the taxation by States of the capital stock of banks organized under this act, the same as the property of other moneyed corporatious for State or municipal purposes; but no State shall impose any tax upon such associations or their capital, circulation, dividends, or business, at a higher rate of taxation than shall be imposed by such State upon the same amount of moneyed capital in the hands of individual citizens of such State: Provided, That no State tax shall be imposed on any part of the capital stock of such association invested in the bonds of the United States, deposited as security for its circulation.

Mr. POMEROY moved to strike out the first proviso, and insert:

Provided, That nothing in this act shall be construed as exempting the capital stock of an association, beyond the amount invested in United States bonds and deposited with the Treasurer of the United States as part of its capital or as security for its circulating notes, from being subject to the same rate of State and municipal taxation as is imposed upon other personal property in the State, city, or town in which the association is located.

Which was rejected-yeas 11, nays 28, as follows:

YEAS-Messrs. Chandler, Conness, Harding, Howard, Lane of Indiana, Pomeroy, Ramsey, Sherman, Sprague, Sumner, Wilkinson-11.

NAYS-Messrs. Buckalew, Carlile, Clark, Collamer, Cowan, Davis, Dixon, Fessenden, Foot, Foster, Grimes, Hale, Harlan, Henderson, Hendricks, Howe, Johnson, Lane of Kansas, McDougall, Morgan, Morrill, Nesmith, Powell, Riddle, Ten Eyck, Van Winkle, Willey, Wilson-28.

Mr. HOWARD moved to amend the proviso so as to make it read:

Provided, That nothing in this act shall be construed to prevent the market value of the shares in any of the said associations, held by any person or body-corporate, from

Which was agreed to-yeas 70, nays 60, as being included in the valuation of the personal property of follows:

YEAS-Messrs. Alley, Allison, Ames, Arnold, Ashley, baily, John D. Baldwin, Baxter, Beaman, Blaine, Boutwell, Broomall, William G. Brown, Ambrose W. Clark, Freeman Clarke, Clay, Cobb, Cole, Dawes, Driggs, Dumont, Eckley, Farnsworth, Fenton, Frank, Gooch, Grinnell, Higby, Hooper, Hotchkiss, John H. Hubbard, Jenckes, Julian, Kasson, Francis W. Kellogg, Orlando Kellogg, Loan, Longyear, Marvin, McClurg, McIndoe, Samuel F. Miller, Moorhead, Morrill, Daniel Morris, Amos Myers, Charles O'Neill, Orth, Patterson, Perham, Pike, Pomeroy, Price, William II. Raudall, Alexander H. Rice, John H. Rice, Edward H. Rollins, Shannon, Sloan, Smith, Tracy, Upson, Van Valkenburgh, Ellihu B. Washburne, William B. Washburn, Webster, Wilder, Wilson, Windom, Woodbridge-70.

such person or corporation in the assessment of all taxes imposed by or under State anthority for State, county, or municipal purposes in the State where the bank is situated; &c.

Which was rejected-yeas 11, nays 27, as follows:

YEAS-Messrs. Chandler, Conness, Harlan, Hendricks, Howard, Morrill, Pomeroy, Ramsey, Sherman, Sunmer, Wilkinson-11.

NAYS-Messrs. Anthony, Buckalew, Clark, Collamer, Cowan, Davis, Dixon, Doolittle, Fessenden, Foot, Foster,. Grimes, Hale, Henderson, Howe, Johnson, Lane of Indiana. Lane of Kansas, Morgan, Nesmith, Powell, Riddle, Sprague Ten Eyck, Van Winkle, Willey, Wilson-27.