Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1826-12-19
MTMETH EM tn CONGRESS-
WEDNESDAY, DECEMBER IS, 1896.
IN SENATE.
SECOND SESSION
On motion of Mr.. IIayne.

On motion of Mr.. Hayne,
Ordered, Tha, the Select Committee to wbou
was retired the bill TO establish an uniform sv,sr
OF bankruptcy throughout the Uni,eI States have
leave 10 sit during The sittngs of the Sena,.
during the present week
The Vice President communicated tho An,,
Report IRON the Secretary of the Treasury. on tho
state oil the Finahces OF the United States; which
was read.
MT. Dlckerson obtained leave and introduced
the following bill:
BILL TO provide for the distribution If i,
part OF The Revenues OF the United States
among the several States of the Union.
" he 1t enacted, S-c. That the Secretarv If N.
treasury be authorized and required, under sucI
regulations as he may think proper 10 prescribe 70
divide amongst The several States of the Union
IN me ratio oil direct taxation, the sum of five
millions OF dollars, on the first day of January. one
thousand eight hundred and twentv-eight. 6ua
millions OF dollars, on the first day of Janu.,y
one thousand eight hundred and twenty-nine: five
'hiiiohs Oh dollars, on the FIRST day of January
onv ahousana e'sht hundf and thirty; and five
millions oil dollars, the first day of Ja,u.rv
one thousand eight bundled and tbiriv.ope. I'LL
sums snail De taken from the annual sum of ten
unions OF dollars appropriated to the SINKING
uhu' oy The second section of the act. apnroved
on the thlrd day OF March, one thousand eiob,
hundred and seventeen, entitled " An act TO pYo.
Vlde Tor the redemption OF the public debt,
The bill was read.
ne ionowing summary explanation of the eff
iect oil the bill is added by Mr.. D.:
Ai'houSh this Dill does not prescribe the manner
:, "h'en 'he money, when distributed among the
States, shall be applied yet the first object of the
measure Is 10 create funds in the several States C
'he promotion OF education and internal improve-
nieht' Inc manner In which these funds shall no
applied, Is left, as il should be- TO the States ,s.
pecuveiy' The bill provides for the distribulion
oil twenty millions OF dollars in four years con-
mehclng on The first OF January, 1928. and ending
on the hrsl OF january, 1881. Should this exper,
n'en succeed, II Is proposed 10 continue and 10 ex
require. 'J
r, ny a ejaculation, contained in a report of the
committee TO which This subject was rsferr.d =,
The last session of Congress. made .,non - "
dinary revenues and ordinary expenditures of The
government, 1t appears that, on the first dav Of
January 1851 The whole of the six per cen, Jab,
may De ehlngulshed, and twenty millions of doI
lars distributed among the States as provi5sd To-
~ inc DIS aho Two and half millions of dollars
oe ie' IN the Treasury at that time that. ,be,eaf
YET 'ne dividends may be increased to ten rniooo
~ "o'i' annually and The public debt be gradu
any diminished, so that, on the LIST dav If J,nna.
ont
and iour and half per cent debl NAV he 81
suisned, amounting to sixty-seyen ,nil,ions -;
nunU'eu anu eighty -nine thousand three hundred
anu S'A uolisis, interest paid upon the same s,d
upon ihe lhree per cent debt up 10 that date IN L
"'' VI wen y-imee millions four hundred and
'"ehiy-eIght thousand and twenty-one dous,s
""p WI &c cents ana that dividends may be made
""o"s ."e STATES In that time, TO The amount of
elgb'y-nlne millions six hundred and 80
oil a al.
and that, alter that date, fifteen niIioos -, -,
lars may be divided annually AMONG tho S..
ie"'n5 me sin IL amount OF six per cent doh, =,
"c 'eueeIneu al more distant period. The uni,.d
ene't oi 'hs sums thus to be distributed che |
added 10 the fdrds already devoted and h,..a'
70 De devoted, by The States respect,velv. 10 49,
purposes OF education and internal imuroy err.o
reoo'Dy su,pass any thing that the most san
guime friends OF the country have anticinatsd
The memorial Of the General Ss.a,nh ps'eo'
Stale OF Mississippi, presented yesterday h, NJ"
neeu' Tor ne Improvement Of the mou,l Is a.
Fascasoui' Kyer, wa, on motion If Nj p'
referred 10 tie Committee on Roads .od 60
and ordered 10 be printed. N""''S'
Ine various portions OF the Message Of ,b.p
s'dsnt were referred to the appropriate Comnr;,,a
o" 'ne motions o. their respective Cbarinen.
hOOSE VI REPRESENTATIVES,.
Revolutionary officers.
MIR. Brges gave noiIce that the h;I r..
Iei Of the Revolutionary Officers would bs cai,sa
up At al early period OF the present se.siop. ,',i
4 motion would be made to divide Ire rroo 's,'sn
INTO $50 distinct bills, with view 10 sens,,,s Gus
oiheers OF The Army from other officers and SO,
sons at present included ,vrhin Il, '"u per
SfGte of the Finances.
Inc ope'kef communicated TO the Iro,.. 81.
Annual Report Of the Secretary Of the r aOose me
Ae S'a.e OF the Finances; which was 80 Q,
eiensd 10 The Committee OF Way. AMI M an'
nd SIX ihou'ard copies thereof ordered 'a
,rintsd, 70 be :