The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-06-16
THIRTYJTHIRD CONGRESS-.
FIRST SESSION.
Senate.


WASHINGTON, June Is, 1854.
rR NEW SENATOR FROM MASSACHUSETTS,
Mr.. SUMNER, Gree sol) of Mass, presented the Gre
dentals of julius Rockwell appointed to fill the
caused by the resignation of Mr. Everett Mr. Rockwell
appeared, and
TEXAS CREDITORS.
Mr.. PKARcs (whig) OF Md, from the Finance Commit.
tee reported bill for the settlement OF the claims Of
The first section provides that the Secretary Of the
Treasury shall pay to those creditors of Texas who hold
bonds other evidences Of debt for which the revenues
pledged and coming within the act of September
o. $780, $500 900 to be divided among them pro rata
Second section-n all where the State Of Texas
the Of September 1885, Secretary Of the Treasury
to refund the same to her, provided the sum does not
exceed the rata proportion which such debt would
have received under this act.
Section three provides that payment is to be made
under this act unless receipt be given relinquishiDg
all claims by the creditors against the United states
Section four provides, that before any payment Is
made the Secretary Of the Treasury to give sixty days
notice and claims not presented within the prescribed
time shall not be paid
Section five approprates s6,5ooooo for the purposes
Of the act
Section sx-The bill is not to take effect until Texas
by an act Of her Legture releases the United states
from all liabilities account OF S. 600 900 of stock,
served under the act Of September, 1850.
Section provides that the State of Texas shall
not before the 1st of January 1885, either release the
United States procure from the creditors Of Texas
releases Of all claims against the United States,
be fled In the Treasury, all interest from
that time upon the e5, 900 600 OF per cent stock
served by the act Of September, 1850.
Mr.. PEARcI said this bill did not meet his approval
though II was the only the committee could agree
upon. II would however furnish the Senate with
the groundwork on which proper bill could be con-
structei
nn RED RIVER RAFT
Mr. JoHysos, (dem) OF Ark, said that by the act OF
1852 known the River and HArbor bill appropriations
made for the removal Of Red river raft but 1t
coupled with the condition that II should be done by
contract with the lowest bidder who would agree keep
the river open for the longest time No person had
bid for such contract and the money had been
expended and never would, unless that condition
removed. He asked leave to introduce joint
luton authorizing the Secretary OF Warao expend that
appropriation In the best possible for improving
that river.
The resolution was introduced and passed
GOLD MEDAL LIEUTENANT MAuRy.
The joint resolution giving the consent OF Congress 10
Lieutenant Maury's acceptance of gold medal rendered
him BY the King OF Sweden, was passed.
Bills for the relief Of Rebecca Birdsa and William
Duer passed
THg VETOED LAND Bill
Was then taken up
Mr. CLAYTON (whg) Of Delaware said he did not agree
with the Senator from Georgia that the President has the
same right and powers vested nim by the Institution
passing upon legislative acts that vested any senate
voting for or against The constitution vested
~ Legislative power in Con vress and tho President had
sch power. The President had portr % to a 0ili;
shen the PRECEDENT exercised that p0eer mfr rely TO
certain legislation he violated the spirit Of his
nority the veto power be used only 10 keep egs