EFFECT OF THE MARINE NATIONAL BANK AND OTHER FAILURES.
Continued Prosperity of the Nation--Arthur's Report to Congress--
Resolution to Inquire into Election Outrages in Virginia and
Mississippi--Reports of the Investigating Committee--Financial
Questions Discussed During the Session--Duties and Privileges of
Senators--Failure of the Marine National Bank and of Grant and Ward
in New York--Followed By a Panic in Which Other Institutions Are
Wrecked--Timely Assistance from the New York Clearing House--Debate
in the Senate on the National Bank System--Dedication of the John
Marshall Statue at Washington--Defeat of Ingalls' Arrears of Pensions
Amendment to Bill to Grant Pensions to Soldiers and Sailors of the
Mexican War--The Senate Listens to the Reading of the Declaration
of Independence on July 4.