New-York tribune., 1867-02-26


shall be in lieu of all other taxation said bonds or
the income therefrom And mode Of collecting said
Treasury 12Serve the amount of said tax from the IN
terest on onds, as such interest natures and the
amount we'd shall be deposited with the Treasurer
of the United States subject 10 the order OF the Commits
sOner Of the Sinking Fund hereinafter provided for,
which said sums and the interest accruing thereon are
hereby rreyOcaby pledged to the reduction OF the public
debt.
the Secretary OF the Treasury OF the United states are
hereby constituted the Commissioners of the Sinking
accmng thereon shall constitute the Sinking Fund, and
shall be invested in bonds Of the United states issued as
herein provided for TO be registered In The name or
said Commissioners. And the said Commissioners are
heerby authorized TO purchase from time To time any of
the said bonds and at their discretion To select by lot for
purchase any bond aforesaid paying therefor premium
not exceeding five per centum; and such bonds when
ISSUED shall express upon their face tins condition, and
interest thereon shall not be paid 10 the holder after such
selection shall have been duly made and notice given
SEC l. That the Secretary of the Treasury Is hereby
authorized issue bonds of the United states TO an
amount equal s5OOOOOOOO bearing interest at the rate
of not exceeding five cent per annun payable semi
annually and redeemahe % years from date Of issue the
principal and interest payable ut such places IN Europe
where PAYABLE said bonds 10 be disposed Of only in ex
change for six per cent interest bearing bonds of the
United states held In Europe; provided the difference
allowed on the SIX per cent bonds so receiver III exchange
shall not exceed that which the Commissioners Of the
sinking Fund authorized to pay for bonds issued
under this act
Mr.. CHANDLER REP. Mich) called up bill 10 regu,
late the disposition of the proceeds OF fines penalties and
fortctures incurred under the laws relating To Customs
which passed in the following form and goes to the
House:
SECTION l. That from the proceeds fines penalties and
forfeures incurred under he provisions OF the laws re-
lang TO customs there will he deducted such charges
aud expenses by law in each authorized To he
deducted; aud in addition In OF forfeiture of i'm
ported merchandise on which duties nave not ptrn pld
In Of release thereof upon payment Oi lis ap
praised value, or Of any fine or composition IN money
there shall also bc deducted an amount equivalent 10 the
duties In coin upon such merchandise lucludng such
additional duties, II any, which shall be credited TO the
accounts OF the collector as dnlms r'lNcu anu !hc re-
sidue of the proceeds aforesaid shall he paid into the
Treasury of The med States ana distributed uluet lne
direction Of the Sccrctay oil me treasury IN me manner
following 10 wit Onehalf 10 the United states, one.
fourth the person giving the informal ion which has led
to the seizure nrto the recovery OF c me oI ptht 'nd
IL there be iuormer other than the Collector Naval
officer, surveyor then 20 the officer making the
eciznr', and The remaining onclouith 10 De clu9y
divided bet wecn the Collector, Naval Officer and sur
vcyor such OF them appointed for the district,
III which the seizure has been made or The ne OF enIt
incurred " there be only Collector, then 10 such
cured by virtue Of the laws relating 10 Customs shah he
recovered consequence ~ any information given by IN
after the legal deductions including the deductions here
IN authorized, have been made be disposed OF as follows
of the Customs as hcrcinhefore provided; ana the remain
der to tho officers Of such Revenue cutter TO divided
among them u proportion 10 their pay.
SIC That Whenever II shall be made 10 appear to the
of the Judge ~ the District Cont oraHy dis
trct In The United STATES by complaint and affidavit that
any fraud has been committed by any per
son or pcrss iutrJistcd or In any way engaged In inn
pnrton or entry of merchandise az any port within
district said Judge shall forthwith issue his Wnrrant d
rcctcd 10 the Marshal OF the District requiring aid Mag-
sha himself deputy 10 enter any place or premises
any invoices books, or papers are deposited cat
ing 10 merchandise respect 10 which fraud is alleged
10 have committed and 10 take possession ~ such
books papers, and produce them before The said
Sa1 he subject 10 the order Of siid judrc who shai
allow examination ~ the 10y the collector OF the
port into which the alleged fraudulent importation hhai
have made by any officer duly authorized 10y said
collector; aud such Invoices, books or papers may bc ne
tained hy said Judge long In s opinion the retcn
tion may be- necessary. Hut warrant for such ~c7ug
shall be Issued unless the complainant shal set forth
distinctly aud specifically the fraud alleged the nature ~
the same and tie inpotaons IN respect to which II was
issIed on surh complaint with the report ~ service and
prOeeedDgs thereon shall be returned as other w1itahts
sides
officer OF the Customs ~ any port shall be notified ~
writing by the Consiguec of any vessel nr VEN
freight on any merchandise imported IA such vessel
vehicle and remaining In his custody suoh 'ohcctor
fuse the dey cry Of such merchandise from any public "
@ .teJ mil moor o fs satisfaction shall be pw,
duced that the freight due thereon has been paid or e.
cured but the right Of the United States shall not ne
prcudiced thereby, shall the United stutes orits
upon such refusal to deliver aud II the crchandiH ls
subject lien, regarding which notice has becn hed
as aforesaid shall forfeited 10 the United states tud
sold the freight and duties thereon shall he paid rom
the proceeds OF such sale, In the same manner as dhrT
charges expenses not authorized 10y law, TO DE aiu
That the 9lst section of the act 10 regulate the
collection duties imports and tununee, appUNed
March g. 1892 the t section Of an act 10 prevent ahu-
frauds upon the Revenue, 10 provide for fe moe Ger
tain and speedy collection OF claims III favor OF the u1d
and other purposes, Martl ihti,
the 18th of the net 10 further prevent smuggling
and other purposes. approved July ls6t' ana al 0nrr
laws parts Of laws inconsistent with supplied the
provisions Of this act be and they are hereby REPEALED
Secretary Of the Treasury shall prescribe lneed
ful regulations carry out aud enforce tie proVOs o
this act.
Mr.. GRIMES lep. Iowa. Introduced blll 10 aulorlze
the creation Of Board of Survey Of the Navy,
which he asked 10 have printed and lie m Tho
that the Board shall consist Of five members. rce Of
whom shall De line officers, chcfenglnccr md one
1.. lY La PCS
and bc confirmed by the senate and To hold fhce for
three years made the duty Of the Board To xanne
equipment, armament aud repairs 0f All vessels
OF war and to present opinions tIefe% Syounc 10 une
book of the complement of men nandequpmcntof vessels
Of the navy ana 10 % tn, onV ~ tnc aoy seem
eXpedcnt II provides that no money shall beNpended
or contract made for construction Of any vessel of war;
or for it, equipment, until the plans specifications and
drawings shall have been presented TO tins Board ANA
examined and their opinion in writing obta1ed IL re
oures all commanding officers afoat torcporas directed
by the Secretary 10 give fun aud Npecc le0rts OF the
| performance with suggestions and recommendations
such as they may deem proper, which repoIs shall be
submitted 10 the Board FOR examination tits further
made the duty OF the Board annually mak,a personal
examination Of each yard station and epot In the
United states to inquire into their Telatio9 and dise
pne 10 inspect the public works, docks, ahdshps, ahd
make report Of such examination
ACCEPTANCE OF GOLD MEDAL.
Mr.. CHANDLER ntepr MiohJ called up aoint resoiu
tion 10 allow Capt John A. Webster Of the teamer Ma
honng 10 accept gold medal from the British Govern
ment for the relief TO British vessel in difress which
the iSpEMxITY AND oMSIBUs APPROPRIATION Bills.
The Clerk Of the House announced the passage of that
body Of the bill known the Indemnity I'LL; alto the
Omnibus Appropriation Bill The former vas referred To
the Judiciary Committee, and the latter the Finance
| Committee.
RELIEF OF IROSCLAD CoSrRACT'Rs.
Mr. HENDRICKS. Dem, Ind called ip the bill for
the relief Gf certain rOnclad contractors recently passed
by the House with amendment In thef0Iin of SUD
stitute and moved that the Senate noIconcur IN the
House amendment and call for Committee OF Confer
| ence IL was ndOrsed.
RIVER AND HARBOR APPRoPRIATI'S BILLS
Mr. CHANDLER Rep.. MichD called NJ the River ana
uarhor Annrnnriafiou bill passed HOtke a week