Charles Sumner: his complete works, volume 11 (of 20)Sumner, Charles
History
Charles Sumner: his complete works, volume 11 (of 20)
Sumner, Charles
Slavery -- United States; Speeches, addresses, etc., American
June 23d, Mr. Davis addressed the Senate at length. Mr.
Saulsbury moved to strike out all after the enacting clause
and insert the words of the Constitution concerning fugitives
from service, with the addition: “And Congress shall pass all
necessary and proper laws for the rendition of all such persons
who shall so as aforesaid escape.” The motion was lost,--Yeas
9, Nays 29. Mr. Johnson moved to amend the bill so as to keep
alive the Act of 1793, saying: “The amendment, as the Senate
will see, makes this bill like the one that we passed after
debate.” This motion was also lost,--Yeas 17, Nays 22. So the
Senate reversed its former decision on that question. The bill
was then passed by the vote, Yeas 27, Nays 12, and was approved
by the President June 28th.
Here was the end of all Fugitive Slave Acts, and another blow
at Slavery.
THE NATIONAL BANKS AND THE CURRENCY.
SPEECHES IN THE SENATE, ON AMENDMENTS TO THE BILL PROVIDING A NATIONAL
CURRENCY, APRIL 27 AND MAY 5, 1864.
April 26th, the Senate having under consideration the bill
to provide a National Currency secured by a pledge of United
States bonds, and to provide for the circulation and redemption
thereof, the Committee on Finance reported an amendment to
strike out this clause,--
“And 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 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,”--
and insert instead thereof another clause, which, after
providing for payments to the Treasurer of the United States
“in lieu of all other taxes,” further declared,--
Public-domain text, read in full here on John Shaqi.
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