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House of Representatives. Washington, May 26, 1862. The House resumed the consideration of the Confiscation bill. Mr. Elliot, (rep.,) of Mass., in closing the general debate, remarked that it was a pretext, a legal fiction, to say these bills are designed to punish treason. They are designed for no such purpose, but to the poster of the enemy to bring about a speedy and permanent peace. They proposed to take from the enemy the instruments of war, without which they could not carry on the rebels on six months longer. Mr. Noell, (rep.,) of Mo., wished to make a few remarks. Mr. Elliot--That gentleman being a member of the select committee who reported the bill — yielded the floor; but. Mr. Killinger, (rep.,) of Pa., objected to further debate, inasmuch as he was compelled to print his remarks, and had no opportunity to deliver them. Debate here was useless; but our people at home had a right to understand our position on these great questions. His spee