The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-02-06
NEWS FROM THE NATIONAL CAPITAL.

WASHINGTON, Feb. s, 1881.
THE STOLEN INDIAN BONDS
. wing Is copy Of the joint resolution offered In
the House to-day by Mr.. Craig Of Missouri second
time, and referred 70 the Com ee Of Five on he Alb
sIaction Of Indian Bonds
Resolved by the Senate and House Of natives
OF The United States Of America In Congress assem- ed
Reverdy johnson and Montgomery Blair OF the District
OF Columbia, be, and they hereby, appointed Com
msslones on the part Of the United States to make
o aud equitable settlement and adjustment OF any and all
Claims and kccoun Is between the United States and Will
lam Russell, of the State Of Missouri, any business
ns or companies now or heretofore engaged In the
vice OF the United States with which the said william
H. Russell Is or has been connected: and IT, upon such
sssenent Dy sam eommssioners, any sum or balance
snail be ascertaned To be due to- the said William II.
Russel as aforesaid the shall be withheld by the
on the proper department until the said William
H. Russell shall have restored to the Secretary Of the
Interior TO the full Of balance any
bonds or stocks belonging 10 held in trust for the
have come 70 his hands in any manner whatever; and
upon the restoration Of said bonds herein provided
such sum balance shall after deducting the expenses
Of this commission be paid to the order Of the said viii
liam II. Russell out OF any money in the treasury not
otherwise appropriated.
BILL
The Tariff bill comes up tomorrow in the Senate as
amended in committee, the principal amendment bong
that relating 10 warehousing and which substance
as follows
or public stores the LIST day Of July next and all
deposited after that day the duties shall be paid within
ninety days from the time Of deposit The goods upon
which the duties have been paid may be withdrawn for
consumption exported at any time within elk months
from the time Of payment Of duties and when exported
the duty shall be refunded less one per centum but
duties shall BIO refunded when withdrawn than six
months after the time the duties were paid.
In other words, the warehousing system, prolific
in advantages to our Atlantic and Pacific ports,
and TO New York in particular, in making
them great marts for the distribution of the
products OF the world this continent with all the
concomant benefits arising thererom, is at fell
swoop TO be done away and New York city to feel the
weight OF the blow Truly, republican legislators
wise men. Other amendments have been made, but
which take from the original bill its obnoxious and
impracticabe complex system Of specific ad valorem
duties on the article. II is designed to be a
venue bill, but 1t viii prove dirge for the republican
party, and for the importing trade OF the country,
which now more than should be fostered The i'm.
porters Of New York and other cities should move
promptly in the matter or 1t will be too late Several
gentlemen now here explaining the bearing Of the
bill their particular interests, but the real estate
owners-the Astors and Stewarts-should raise their
voices against act evidently aimed by its trainers
at the prosperity of our city.