Martinsburg gazette. [volume] (Martinsburg, Va. [W. Va.]) 1833-1855, 1839-01-09
TWENTY-FTFTH CONGRESS.

interesting CHARACTER, III aoJoufneu 10
meet on Wednesday.
The time Of the House, was employed
nearly all day in discussing the petitions
praying for diplomatic intercourse with
Hayti-adjoarned 10 meet again on We'd
ntsday.
DEC. 26.-The Senate was engaged
in the consideration of business Of local
character
In the House, the Chair communicated
the resignation Of Mr.. Fairfield of Maine;
on motion, the House went into committee
Of the Whole for the purpose Of referring
the different parts Of the Preidents Mes
sage to appropriate committees, for con.
slderatlon and report, when debate "a
rose between Messrs. Bell and Haynes,
in which the former took general view
of the principles and doctrines contained
in the Message Of the President and occu.
pied the floor till near 3 o'clock, when the
committee rose and reported progress at.
ter the transaction of some little unimpor-
Iant business the House adjourned.
THURSDAY DEC. 27.-In Senate, the
Char communicated 10 the Senate a re.
port from the Secretary ofthe Treasury
IN obedience to the resolution ofthe 10Th
INST, introduced by the Senator from Vir.
gina, Mr.. Rives.
Some OF the main features of the re-
port, as well as could be gathered by the
reporter from complex style, and i'll
heard reading, (from noise, were, that,
owing to the want Of guaranty by the
United States that the bonds would be
paid by the Bank from this and other
causes, (not mentioned except the short
ness OF the time which the bonds had to
rum l. was found impractcablo TO effect
sale OF them in Paris or London on the
terms prescribed by law. 1t was also
found Impracticnble to sell them IN this
country, and invitations for proposals ha.
wing been published, proposals were made
only by Charles McAllister, of PhiIadel.
phla, who offered to purchase both bonds
on the terms Of the law. The Secretary
OF the Treasury, finding that the amount
OF one OF the bonds was necessary for the
uses OF the Government, and that the sale
OF IT sing y could nowhere else be effected
sold 1t 10 the Bank OF The United States
as matter of absolute necessity, on the
LIST OF August 1888. The amount of il
was entered on the books Of that bank to
the credit OF the United States Treasurer
ana that 1t was stipulated that payment,
when made. should be 60 in specie or its
equivalent. The sale oil the other bond
"aeh wanted, Was afterwards alsu effec.
TED, and arrangements were made with
the United States Bank to pay the public
creditors at certain points in drafts Of the
unlted States Treasurer, or in specie or
It's equivalent.
In regard to the special deposiies in O.
Their banks, the report stated that those
deposltes, being in all cases considered
temporary, were mostly informal. a
sufficient number of banks that had not
issued notes of less than five dollars since
the passage OF the deposite act were not
10 be found, and, consequently, the Sec
rotary of the Treasury, from necessity
selected, at convenient points, sixteen
banks that had issued such notes. land
were consequently excluded by law from
beng used as repositories. This, it was
stated was done under the provisions
(general) OF the act of 1880. In some
cases the money had been deposited in
these banks in boxes Of specie, to be re.
tanned TIL demanded by order of the
treasurer. In other cases the amount
had been ordered on the books of such
banks TO the credit of the United States
Treasurer, to be kept ready for payment
al any moment, IN specie or its equivalent
but mot set apart IN box" In some
cases part of this had already been paid
over the other part remaining as an origi.
nal deposite.
Five thousand extra copies Of the report
and documents were ordered to be p,,n.
ted. The consideration of bill for nav.
ing to the state Of Alabama the amount
OF the per cent fund on the sales of public
lands' within the state, originally granted
ior the construction of roads, within the
state, was resumed by the Senate. and
on motion of Mr.. Clay, of Alabama. was
So amended as to make the money not
payable till 1910, and engrossed for n
third reading.
Inc hrst business in order in the House
was the contested election from Wiscon-
sn' which was postponed till Thursday
The Presidents Message was then taken
up ana referred TO appropriate committees
soon after which the House adjourned.
Dec. 28.-On motion of Mr.. Benton
the Senate ordered the printing of 3 600
copies OF papers, containing information
relative to salt duties, aud restrictions ON
me fisheries, agriculture, and laborino