New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1858-05-31

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wAsHISG7ox, May a. Senafe,-Mr. Hunter. from
the Committee on Finance to whom was referred the
letter Of the Secretary OF the Treasury, Of the I9fh
inst, in relation TO the present condition OF tho
finances reported bill g authorize loan not ex-
ceeding fifteen millions Of dollars, which he gave
notice that he would call up On Monday at early
hour.
This bill gives authority to the President Of the
United States, at any time within twelve months
from the passage OF the act to borrow the credit
or the United states, fifteen millions Of dollars with
proyiso that contract shall be made TO prevent
the United States from reimburying the sum bor-
rowed a. any time alter the expiration Of fifteen
years Stock shall be issued bearing an interest not
exceeding six per cent The Secretary Of the Treas
ury is authorized, with the consent OF the President
to cause certificates Of stock to be prepared no GER
tiicaie TO be issued for less than 800, which
may be transferred on the books Of the Treasury
under such regulations as may be established by the
Secretary Whenever required the Secretary may
cause coupons Of semannnal interest 10 be attached
to the certificate which may be assigned and trans
ferred by delivery. instead Of being transferred on
the books OF the Treasury.
On motion by Mr. Stuart the Senate proceeded 10
the consideration Of the bill from the House Of Rep-
resentatves declaring the title to land warrants in
certain cases. The object OF the bill is In case the
applicant dies before the land warrant Is issued %
render the same available TO his heirs. After some
discussion. the bill read third time and passed
The Committee on Naval Affairs reported bill to
authorize the construction Of six small war steamers
OF ligh. draught, whcir was read and passed to q
second reading. He gave notice that he should ask
the early consideration Of the subject
The following resolutions were adopted:
Resolved, That the President Of the United States
be requested (f In his opinion not incompatible with
the public interest) TO communicate to the Senate
any correspondence that may have been held between
this Government and the Government Of England
concerning the seizure the coast Of Africa by the
naval forces Of the latter power OF the American yes
sci 'Panchita," sent in charge of British naval
oiicerl after said seizure to the port Of New York;
and IL there be any further correspondence or docu
ments received by the Executive concerning the visit
alton search of American vessels in the Gulf Of
Mexico or elsewhere by foreign armed cruisers since
the message of the President Of the 10th May inst,
that be communicate the same to the Senate
On motion BY Mr.. Wilson
Rssoiped, That the Secretary OF the Treasury be
directed to inform the Senate under what authority
Alexander G. Penn and Emile La Sere were .ss,.'
pointed dsbursing agents OF the Government at New
Orleans by whom and when appointed and the ma
ture the service of each the total amount Of COM
pensation paid to them and what compensation per
diem MIR. La sere and Mr.. Penn respectively receives
for all services.
On motion by Mr.. Wilson,
Resoivsd, That the Secretary Of the Treasury he
requested to report TO the Senate specific estimates
Tor .retrenchment and reform in the expenditures
OF the several branches of the public service sto
remedy the evils of the excess OF expenditures over
the means OF the Government, as mentioned by him
in bis report OF May 49, 1858 and that he be further
requested to report to the Senate what eorts have
been made, and by whom, since the 4th Of March,
1867, ITO restrain the Government to economical
expenditure OF the public money! and what have
been the results of those efforts.
The Senate soon after adjourned.
House.-Mr J. Clancy Jones, from the Committee
OF Ways and Means. reported back the amendments
OF the Senate to the Legislative Executive and Judi
cial Appropriation bill, and asked that they be
printed.
Mr.. j. Clancy Jones stated that the amendments
were thirty In number. aud that the committee
auda fba 40 r
them and nonconcur in sixteen.
There being no objection, the amendments were
ordered to be printed. t
Messrs- Phelps and Cavanaugh. members elect
rom Minnesota, were sworn in and took their seats.
After a long debate upon the Ohio contested elec-
ion case, the House adjourned.