Sunbury American. [volume] (Sunbury, Pa.) 1848-1879, 1864-04-23
From, Washington.

WAsHrNaToN, April is
The Senate Pacific Railroad Committee
have agreed to report the following amend
fnents to the act of 1902: Instead of Gov
erbment bonds, the coupons Of bonds issued
by companies, in sums of one thousand dol
lars each, at six per cent, will be paid by
Government without charge for the first
year, and for nineteen years interest will be
guaranteed at the same rate, such payments
to constitute the first mortgage upon the
ROAD and is equipments. Upon an equal
footing with the bonds, the Company will
be allowed to issue twcnty-four thousand
dollars per mile upon the Eastern section,
and on two mountain sections nlncty-siN
thousand dollars per mile; on Intermediate
space forty eight thousand dollars per mile,
and west of Sierra Nevada twenty four thou
sand dollars per mile. About cighty-five to
one hundred millions will be needed, and
the usual interest will be about five million
dollars. The forfeiture clause will be scpa-
rated. The road will be nearly two thou
sand miles long
! The War Committee to-day resolved to
| send Senator Wade, of Ohio, and Reprcsen-
tative Gooch, of Massachusetts,, to Cairo and
Fort Pillow, to take testimony upon the
recent massacre at the latter point. The
committee were at the War Department this
morning to consult with the Secretary of
War, but he was unable to throw any light
upon the subject. The subcommittee will
leave tomorrow, and will be accompanied
| by stenographer.
Reports to the Treasury Department to-
day show that nearly six millions dollars of
the Ten-forty Bonds were subscribed for to-
day, making total Of twenty-five million
dollars.
In order to correct an erroneous impress
sion, it is proper to say that the President 5
, order of March last requires the amounts for
men raised by voluntary enlistments to he
made up to the 18th of April, and the draft
to commence as soon thereafter rs practical
BILE. No authority is given for the assertion
that II will now positively take place on the
first OF May. There are more or less neccs-
sary and real delays connected with pro-
per adjustment of accounts, with view to
a draft, but additional and unreal ones. to
which currency has been given, serve only to
increase the difficulty.
The following is the bill which passed the
Senate on Saturday, and awaits the action
of the House
Bo it enacted, That it shall he unlawful to
make any contract for the purchase. or sale
or delivery of any gold coin or bullion, OF
OF any foreign exchange, to be delivered at
any time subsequent to the making Of suc
contract, or for the payment of amy sum
either fixed or contingent, in default Of the
delivery of any gold coin or bullion, or o.
any foreign exchange, or upon other term,
than the immediate manual delivery OF sucl
gold coin or bullion, or foreign exchange
anG the immediate payment in full of tn,
agreed price thereof by the manual delivery
ci United States notes or national curcncy
and not otherwise, or TO make any coutrac
whatevery for the sale, loan, or delivery q
any gold coin or bullion or foreign exchange
Of which the person making such cnntr.c
shall not at the time of making be the own
or in actual possession.
(, Sec. ,. That it shall be further unlawful
Tor any banker, broker, or other person. e
make any purchase or sale Of any gold coli
or hullion, or of any foreign exchange, o
any contract for any such purchase or sal
at any other place than the ordinary plac
Of business of either the seller or purchaser
, owned or hired and occupied hv him indi
vidually, or by partnership Of which he i
, 4 member
Sec 8. All contracts made in violation o
this act shall be absolutely void.
Sec. 4. Any person who shall violate an
provision of this act shall be held guilty q
M!suemcanor, and on conviction thcrcu
:, be find in the sum of one thousand dollars
and he imprisoned for period not less tha
: three months, nor longer than one year, q
y both, at the discretion of the court.
y. sec. 8. The penalty imposed by the fourt
, section Of this act may be recovered in Il
action at law in any court of record of lin
United States. or any court of competen
:. Jurisdiction, which action may be hrougl
, in the name of the United States by an
:, person who will sue for the said penalty
:, onc-halt for the use of the United State
:, and the other half for the use of the pcrso
:. bringing such action. And the recover
). and satisfaction of Judgment in any sue
, action shall be bar to the imposition
= any fine for the same offence in any proscCl
. ton instituted subsequent to the recover
of such judgment. but shall not Dc Il bar I
the intiic,ion of punishment by imprisol
4 mcnt, as provided by the fourth section.
See. G. All acts and parts of acts incoi
sistent with the provisions Of this act al
! repealed.
(l ~. sI,n