The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1866-05-23

Sscharsed on account and so INA, aad Sss
though The term q ssfi Ssd fss
ssSion three excludes from this or apy other bounty auy
soldier WHO has sp ~ r assigned
with application '.etw forth that 10 such disposition
been made Of me barge prohibits accounting
w ss dss & oa sS
ssson res makes Il the duty me General
account Of every soldier who makes application for said
&c Sset ,siarssa 70
epostry or dsbursng olce but not to 10 negotiable
oIYAyasIs until Identified By sidsviss q
district attested the clerk of WHO shall also
s ss pre- a shs
s nsS he III
payment claims said bounty soldiers living,
bounty shall B. eeosnss entertained By accounting
or OSs and that all claims must Be led
claimants viii be forever excluded
Be-
OF se s a nave or no %
ieres beyond legal fees whch ae
a e an.
davts and Acknowledgements. II nficis penalty Of not
less than & than hrss y dol
claims upon any agent who accepts directly or Indirectly
Section directs that ie accounting officers Of the
shall Be By the .s in the
Paymaser General. The may stransnit-
endorsed Witnessed and etiesed in the manner as
Section eight gives the same bounty and iproyides
payment BY the proper accounting officers o. the Treasury
tary of the Navy to Sailors and n,anes ana to their widows
10 bs asdesS IN ike
rnes now living areto be within four ears and
deceased soldiers sao marines shall be paid
rs to The widow s there be wdo% then 70 the sh
of the United states
Thu I'm
LAND ASKED AID IN CONSTRUCTION or RAILROAD.
Mr. WILLIAMS, (rep) OF Oregon offered n bill granting
land 10 aid in the constructors Of railroad from Salt
Lake City the Columbia river which referred to
the Committee on Public Lands.
NATIONAL VAT LIFE AND ASclpEIr INSURANCE cosrAN ni,,
Insurance Company of Washington, D. c., was taken up
as the unfinished business Of yesterday and after BRIEF
PUBLIC LANDS cEKsAIN SOUTHERN STATES.
Mr. KlnKwooD !rePl of Iowa. called up bill N reia
s 1n cane puo ousans and Foaa Wha
provides that the public lands these States shall be
disposed of according to the provisions of the Homestead
law OF hay, 1862, and that No entry shall be made OF
than eighty acres the price of the patent for which
shall DO five dollars and there shall be discrimination
account Of color in the persons to whom the
land shall be sold 1t repeats the provision of the old
law which prevents any man who took part In the re-
beon from securing public lands and substitutes for il
requirement that the settler shall swear future ale
glance and fidelity TO the government
Mr.. HENDRICKS (dem) of Ind, moved to amend the
bill as to allow the settler TO hundred and
sixty instead Of eighty acres; which was agreed TO.
Mr.. KIRKwoop, in response to question said there
S,ees ,ay,e ON 0"s u 'e" Vi pu'' '"uS :" '
The bill was passed
THE CONSOLIDATION o. THE PUBIC DEBT,
At o'clock Mr. SHERMAN called up the bill to
sodate tho public debt and reduce the rate OF interest
on the same to tive per cent
The amendment of the Finance Committee striking out
the provision making the cost or preparing issuing,
printing and dsposng Of the loan not to exceed two per
cent, and inserting in lieu thereof provision that the
cost of dsposng of shall not exceed one cent was
agreed TO.
Mr.. SHERMAN, trep) OF Ohio, said this bill came in the
ordinary way from the Secretary of Treasury with
view to facilitate the negotiation Of vo per cent loan
II had been with him Mr Sherman) an earnest desire
during the session Of Congress- TO see the interest
ON the public debt reduced TO not exceeding i've per
cent But the Secretary o. the Treasury hesiaed some.
what whether he could negotiate lean bearing that
rate After iull consideration, however the Secretary
presented this ll as containing the terms upon which,
In his judgment tins loan could be negotiated came
reported to the Senate and printed for the purpose Of
attracting the attention of the country and calling forth
such criticism as might DO made UPON IT, IL was subse
quenty considered and reported from the Committee
Before considering tho subject Mr. sherman said IL
would be necessary Tor him to stale briefly the condition
OF the public debt BY the statement Of The first of
May appeared that tho public debt at that time was
three billions eight hundred ana twcntyseven milions
six hundred and seventy six thousand eight hundred and
seventy one dollars and from that Is properly deducted
The amount OF currency ana coin on hand in the Treasury
To this must be added quite large nlmocr OF lteins
somc OF which have been acted upon during the present
session OF Congress- and some of which will be acted
upon before the adiournment the mere statement OF
|
The debt within the next year. The largest sum now
pending IN any Dill before US rs IN The b from the Com
miltee on Military Affairs Tor the equalization poun-
ties which will take passed from one hun red 10 two
hundred millions oil collars The Dill Tor ihe Facitc
Railroad will require in the course OF The mex fiscal
year, something Ike hly millions OF dollar pfovti Il
the various branches inl their contracts IN irn 90,
certain amount OF read each For the settlement witn
the States for expenses IN the military services we have
already appropriated about ten millions OF dollars Mis-
souri, Kansas, Pennsylvan ana west virginia
! and perhaps other States, have made claims
| and there are other claims still to be presented
| Indiana, Kentucky ana ono VIII have small, claims
each The probability Is that This class oil claims when
adjusted, VIII take ut least twenty millions OF dollars.
The largest claim was that 81 MISSOURI which amounted
TO nearly seven millions fnen there rs question pre-
sened by prominent member oil the House OF Repre-
senatives which hope viii not pass II is PROPOSE
ton 70 assume portion OF the expenses OF the states
IN raising men--n proposition generally known as Mr..
Blanes bll-which would take Sl16, 600 rs see
but little effort TO pass this bill presume It's sc:ess IL
not likely. Then there IL class OF private claims
which will take millions bill passed the other day
for the relief o! certain ronclad contractors Then there
claims on the border states for damages in various