The Burlington weekly hawk-eye. [volume] (Burlington [Iowa]) 1860-1876, 1863-02-28
Washinxson News.

BURLINGTON WE
Washlngson News.
WARRINGTON, Feb. 26.-It 10 probable that
the Committee on the conduct Of the Tar will
report to Congress all important matters before
the close of the session. Gen. Mcclellan will
be examined tomorrow. $50
Areaolution Of the Legislature Of New Mexico
was presented to the Senate to-day, asking 8
compensation to the owners of about 900 In
dian captives about to be liberated by the
Courts, and passage Of law to return them to
their several tribes.
WARRINGTON, Feb. Ex-senator Wilson Of
Mass, to-day introduced substitute for the
House bill to raise additional soldiers. It pro-
vides for mastering in, enrolling, and organic
ing, by the commanding officers in the sever
al Departments, of as many Africans liberated
BY certain laws, by the Presidents Proclama-
ton, or by any othor legal and competent au.
thority exercised in suppressing the rebellion
as the President shall from time to time deem
necessary, to be armed, equipped and mustered
into the service of the United States to serve
during the war; 1t contains proviso that no
person Of African descent shall be appointed to
exercise authority over white officers, soldiers,
or men in the army or navy.
| II is GOV settled that the Secretary OF the
Treasury will be authorised to borrow from time
| to time, on the credit of the United States, .
sum not exceeding $50, DOC, 900 for the current
fiscal year, $500, 600 for the next fiscal
year, and to issue therefor coupons or regis
tered bonds, payable at the pleasure of the
Government, after such periods as may be
fixed by the Secretary, not more than forty
years from date, in coin and in such denomina.
ton of not less than $50 as he may deem ex-
pedient, bearing interest at rates not exceeding
6 per cent. per annum, payable in bonds not
exceeding 500, annually, and on all other
bonds semi annually, in coin; and he may, in
bis discretion, dispose of such bonds at any
time, on such terms as be may deem most advi-
sable, for lawful money of the United States, or
for any of the certificates of Indebtedness or
deposit that may at any time be unpaid, or for
any Treasury notes heretofore issued.
Whatever bonds or treasury notes or United
States notes issued under the provisions of this
act, shall be exempt from taxation by or under
State or municipal authority; Provided, there
shall be outstanding, of bonds, treasury notes
and United States notes, at any time issued I'M
per the provisions of this act, no greater amount
altogether, than the sum of nine hundred mil
lions of dollars.
The Secretary of the Treasury is authorized
to. issue on the credit of the United States four
hundred millions of dollars in Treasury notes.
payable at the pleasure of the q. s., at such
time or times not exceeding three wears form
the date, as may be most beneficial to the pub
lie interest, and bearing interest at the rate of
SIX per cent per annum, payable at the periods
expressed on the face of said Treasury notes, and
the interest said Treasury notes and on certif-
Gates OF indebtedness and deposit shall be paid
in lawful money. Treasury notes thus issued
to be OF such denominations as the Secretary
may direct, not less than ten dollars, and may
be disposed of on the best terms that can be
obtained, or may be paid to any creditor of the
United States wishing to receive the same at par
These Treasury notes may be made legal
tender to the ga ne extent as q. s. Treasury
notes for their face value, excluding interest, or
they may be made exchangeabie under regula-
tons prescribed by the Secretary of Treasury
by holders thereotat the Treas'y in Washington,
or at the office OF any assistant Treasurer, or
depository designated for that purpose, for U.
s. notes equal 10 an amount to the treasury
notes, offered for exchange together with inter.
est accrued and due thereon, a, date of interest,"
Payment mex. preceding such exchange, and
10 lieu OF any OF said treasury notes thus ex-
changed or redeemed or paid at maturity, the
Secretary may issue an equal amount of other
treasury notes, and the treasury notes 80 ex-
changed, redeemed or paid, shall be cancelled
and destroyed as the Secretary may direct.
In order to secure prompt exchanges of O.
5. notes for treasury notes, when required as
above, provided the Secretary shall have power
to issue U. S. notes to the amount of one hnn-
dred and fifty million dollars, which NAV be
used, ii necessary tor such exchanges but no
part OF the U. S. notes authorized by this sec.
ton shall be issued for or applied to any other
purposes than said exchanges, and whenever
any amount shall have been SO issued and ap-
piled, the same shall be replaced as soon as
practicable from sales OF Treasury notes for g.
S notes.
TIE Secretary is authorized, il required BY the
exigencies OF tie public service, for the payment
OF the army aud navy, and other creditors of the
government, to issue $l50,0OO 900 of U. S.
notes, including the amount of such notes here
to:ore authorized by joint resolution passed
IN January last. not bearing interest, in denomi-
nations OF not less than one dollar
The seventh section of the original bill is
stricken out, and the section modifying the indie.
pendent treasury law is omitted
The Legislature of Minnesota, in a resolution
presented TO the Senate, in view of the horrors
OF the late Indian warfare, asks Congress to ex.
tend the provisions Of the Pension Act to the
survivors Q! the murdered aua TO the mutia,ed
and crippled
Kansas, through resolution Of her Lesis-
;ature, submitted to the Senate TO-DAY, asks the
United States to as ume and pay the Kans as
Territorial, debt
Maj Gea. Mcdowell was to-day ordered to
Cairo TO serve a. President of the Court martial
or court OF Inquiry ordered to assemble there tor
the trial Of those officers accused of improperly
speculating in cotton.
To-day's Star says a large force of rebel cav
slry doubtless crossed the Rappshauock last
night at Keily'a ford. a few miles below
Rippahanock station. Their movemea. from
that point indicated a raid upon our force
somewhere il the vicinity of Stafford Court
House.
Persons WHO came into our lines yesterday re.
port that a considerable force is now az War
rentonn, while others cay that Jackson with the
same force has gone up the valley to Strasburg,
From Tennessee.
NASHVILLE, Feb. 25.-General Wheeler's
whole force (four brigades of cavalry is this
side OF Columbia, Tenn, and is reported to be
carrying Oft all the able-bodied contrabands