Democratic enquirer. [volume] (M'arthur, Vinton County, Ohio) 1867-1873, 1869-02-10

often as once quarter report OF its affairs which
report shall be published in abstractin q paper
IN washington Ind In the place where such asso-
ciation is established said papers TO be designated
by the Controller. Every banking association
selected As depositoryof public money shall de-
posit u H. bonds hs security for such money the
amount OF money never 10 be greater than 81 per
cent Of the par value OF tile bonds. Banking asso
Citations having determined TO wind mp their affairs
shall pay into the United States treasury the amount
OF their notes, In lawful money, and take up their
bonds; orifthey fail TO do this the Controller ahsl
1.-THE bonds ut auction In New YorR, and from
the proceeds redeem the outstanding circulation
and return tho surplus, II any, 10 the asaocaton-
this does not apply 10 associations winding mp their
affairs for the purpose OF consolidation with other
associations. Receivers OF national banking ass0-
Citations shall have salary OF 81 400 and q COM
mission of three per cent. upon the hrst 10000
and two per cent upon all aums above 100000 and
not exceeding S600000, No national banking assO.
citation shall, after the passage Of this act make
any loan on United States noles or on the circuat-
ing notes of any banking association as colatsrals.
Shermans air line railroad bill was discussed for
some time, when the Senate adjourned
House.. "A bill was regulating the
appointment OF mdshipmen In the nayy.--Bome
discussion arose on the contested seat OF the ninth
Congressional district OF Missouri, which resulted
IN confirming Anderson In the seat. Adjourned.
SENATE, Jan. 22d-Pomeroy, from the
Committee on Public Lands, reported q till TO
grant lands to aid in the construction OF railroad
from the Mississippi River to Yankton, on the Mis-
souri, River and to amend the act OF May 18th,
1864, granting laDds to the State of Iowa to aid In
the construction Of a railroad In said State II
transfers the grant made by the above act for the
benefit of the McGregor and Sioux City Railway
Company, and grants the latter company two sec
tons per mile to aid an extension OF the line eighty
miles further to Scranton, Several bills and reBO-
lutions were introduced aud referred ~ a joiut res
olution was passed appointing Prof. Agas5iz re-
gent of tue Smithsonian Institute. The bill auth
Orizing the construction of a railroad from Wash
inRton TO Now York came mp, and Doollttle spoke
aganHtit.
House -Several bills were introduced,
among which was one to diminish fluctuations in
gold. and to provide for q return 10 specie pay
ments. II proposes the issue OF gold Dotos by the
government redC enable in coin and receivable for
all government dues, not 10 exceed $3.50 600, 00O.
The amount OF gold In the Treasury above that re-
qured for three months interest on the public
debt Ia to be used In redeeming greenbacks at the
average gold value,-Tbe House then resumed the
consideration of the bill granting land TO the Den
yer Pacific Railroad and Telegraph Company. Van
Trump continued his argument against the bill.
Logan modified his substitute 80 as to authorize
the said company to complete Its road by the Issue
of ak per cent. forty year bonds, payable at the
Treasury Of the United States. As fast az twenty
miles OF this road shall be completed and certified
to bygovernment commissioners, the United States
shall guarantee the payment OF the interest upon
these bonds to the amount of - dollars per
mile, and this guarantee shall constitute first
mortgage upon the road and its rolling stock for
payment Of the bonds, The company shall, at
least ten days before the interest falls due deposi
with the Treasury Of the United States money suf.
ieent to pay the accrued interest and upon failure
of said company to do so. the government shall
upon sixty days notice, take possession OF said
road, its rolling stock and fixtures, and
for the purpose of securing the payment Of the
interest on the bonds, shall retain
possession Of all earnings OF the road from the
e.nv ,saatz ..gFW lln v,lta
turning to the company the surplus If any. For
the purpose OF making provision for the payment
OF the principal OF the said bonds, the lands of the
said company heretofore grated by the United
States, except 30 much as may be necessary to the
operation Of the said road shall be, as fast every
twenty miles Of said rond are completed, put into
market TO actual settlers nj $3.50 per acre, and all
moneys arising from the sule Of the said lands
shall be paid into the Treasury OF the United
States, and the Secretary OF the Treasury shall
thereupon cause such money to be invested IN the
bonds the name 10 bo Cancelled and delivered to the
company.
SENATE, JAN 29--The House amend
ment TO the resolution removing from office those
persons In Virginia who ca not take the test oat
OF 1862 was 0gre-d 10, and the resolution ex-
tunded TO Missiesippi, he resolution however
does not apply To persons whose liabilities ave
been removed. Some debate was had upon rail-
road bills aud the Senate adjourned.
HOUSE constitutional amendment
forbiddng the Acknowledgement of citizens on a0-
count of race or color was called up, and Bout
well spoke at length In its support Several
amendments were offered and ordered printed -
Some further unimportant business was tran sacted
and the House adjourned.
SENATE, Jan. 25th. The President of
the Senate presented petition from the widow
OF President Lincoln, asking for annual pension,
the ground Of great services rendered the coun-
| try by her husband. II was referred TO tho Com
Inttee on Pensions. -Edmunds, from the Commit
tee ON Retrenchment reported tho bill repeating
the tcnureo of Office law, with an amendment leav-
ing heads OF departments and the Cabinet subject
| to removal Ut the will OF the President during re
cess Of the Senate, and authorizing him to suspend
all other civil Officials during Huch recess without
| specific evidence TO Justify the suspenson.--A ma
| j'riiy of The Judiciary Committee presented are
port against the admission of Senator Hill Of
Georgia, to a seat-The bill relating to the central
| branch OF the Union Pacific Railroad came up az
unfinished business. and motion to postpone II
was lost 10y vote Of yeas 81, nays go II was then
discussed for some time. by Stewart and Fessen.
den in favor of II and Howe and Conkling In opo.
sition. Adjourned
HosUE. Several bills were introduced,
among them two granting subsidies to railroads.
| one from Davenport Iowa, to Topeka, Kansas and
the other from Sioux City, Iowa, TO Columbus, Ne
| brnHka, The regular order, the constitutional
amendment relative to suffrage, was postponed TO
Wednesday, House resumed the consdera-
tion Of the bill granting land and the right OF way
to the Denver Pacific Rail oad and Telegraph Co.,
and was addressed by Logan In opposition TO the
bill, and by SohenR, Highly, O'Neill and Covode
in its favor. Covodo moved the previous question
| on It's passage. Wsshburne, of Illinois, moved to
! lay the bill and amendments on the table, which
was lost, yeas 50, nays 90. The House then refused
to second the previous question by vote Of yeas
| 63, Maya Sc The bill. with the amendments, on
motion OF Logan, was referred to the Committee
| on Public Lands. endeavored to have the
rules suspended to offer resolution for in
| quiry into the eApelng OF the negroes from the
| Georgia Legislature, but objection was made. -.
The House soon after adjourned.
SENATE, Jan. 26th--A resolution wat
adopted providing for the appointment, at the be
ginning OF the next session, Of Joint committee
| 10 consist OF three Senators and Ave Representa-
tves, with leave to sit during the recess OF th
Forty fret Congress. to examine and report on thu
eIpediency Of recognizing the civil service In th
several departments Of the government Bill
were introduced for the reorganization OF the navy
/ To aid In the construction of the Pacific Transi
Railway and Telegraph from New Orleans to SOM
point on the Rio Grande In the direction of Sal
Bias to incorporate the Southern Express Co.
Morrill,, from the Committee on Appropriations
reported back the pension appropriation bill, witt
amendments reducing the amount appropriated TO
invalid pensions from 5l0,000,000 to $4,000, ,00l
and the appropriation Tor other army pensions iron
s13,000000 TO SIC, 00O 000-The bill rel ating to tn
Central branch Of the Union Pacific Railroad wa
again discussed, butthe Senate adjourned withou
I action.
HoUE = The Speaker presented the peti
ton Of Mrs. Abraham Lincoln for an animal per
sion.- Several bills Of secondary importance wer
introduced, speeches were made by three men
bera on the bill for general resumption of speci