Weekly national intelligencer. [volume] (Washington [D.C.]) 1841-1869, 1854-06-17
CREDITORS OF TEXAS

Mr. PEARCE from the Committee Finance, to.
which referred the bill to provide for the payment Of
such creditors of the late Republic of Texas
pretended the act of Congress Of 9th September $780,
reported back the with amendment, striking
all after the enactng clause and substituting new bill
The first section of the substitute provides that the SEQ
rotary the Treasury shall those creditors ohe late
Republic of Texas who hold bonds other evidences of
debt for which the pledged coming within
the of 9th September, 1850, millions five hun
dred thousand dollars, to be decided pro rata.
3D. In all where the State of Texas has paid any
portion of the debt under the provisions Of the of Sep
ember 1885, the Secretary of the Treasury is to refund
the State of Texas provided the does not exceed
the pro rata proportion which would have been allowed
Sd. No payment is to be made under the act unless
receipt given renquishng all claim against the United
States.
4h Before any payment be made the Secretary of the
Treasury to give notice of at least sixty days by public
advertisement aud claims not presented within the time
limited by said notice are not to be paid.
9TH Provides appropriation of six millions FIVE hun
dred thousand dollars for the purpose OF qudatng these
claims
9Th The bill is to take effect until Texas by act
of her Legislature, releases the United States from all
liabilities account of the five millions stock reserved
under the act of 9th September, 1850.
eth. That if the State of Texas shall not before the lst
day Of January 1855 release the United States
from the creditors Of Texas releases OF all claims
against the United States account of such evidences OF
debt and the to be filed in the Treasury then
and from that time all interest is to upon the FIVE
millions of five cent stock reserved from issue to the
State Of Texas
Mr. PEARCE admitted that the bill not such to
command his entire approval but it the only
that found favor with the Committee Finance, it
reported and might at least furnish sufficient ground
work upon which the Senate could construct proper bill
RED RIVER RAFT.
Mr. JOHNSON introduced joint resolution relating to
the raft of Red river and asked the unanimous of
the Senate to put it its passage The resolution was
read as follows:
Resoped de- That the joint resoution,ened "A resolu
O
mova Of the raft Red river approved January 1853 be
and is hereby rpealed and that the Secretary War be
horzed expend the appropriation in reference to the Red
prove having the improvement Of the navigation Of
Red river in and around the said raft
Mr.. JOHNSON explained at length the object
of the resolution; and, after remarks from Mr..
WALKER and Others the resolution considered and
passed.
PRESENT TO LIEUT.. MAURY.
On motion by Mr. GWTN, the Senate proceeded to
slider the joint resolution giving the consent of Congress
the acceptance by Lieut.. NJ F. Maury Of the navy,
Of gold medal from his Majesty the King Of Sweden
Mr.. PEARCE moved to amend the resolution by strik
ing out all after the enacng clause aud inserting That
Lieut. NJ F. Maury, Of the u S. navy be and he is here
by authorized accept gold medal recently
to him by his Majesty the King Of Sweden"
The amendment having been agreed to- the resolution
as amended was read third time and passed.
INDECENT INSANE BILL.
The Senate then proceeded to the consideration of the
bill making grant of public lands TO the several States
of the Union for the benefit of INDECENT persons,
returned with the objections of the President.
Mr.. CLAYTON and addressed the Senate at
great length in opposition the constitutional views
sumed by the President in his veto message
Mr. SEWARD to address the Senate, but owing to
the lateness of the hour gave way.
And the Senate adjourned.