The south-western. [volume] (Shreveport, La.) 1852-1870, 1869-01-06
The Bill to Provide for the Resumption Of

the Senate by Mr. Sumner to provide for the resump-
ton of specie payments on the 4th OF July, 1869:
WHEREAS, The interests of business suffer from
arrangement Of the currency, aggravated by doubts
cast upon the public faith, injurious to the national
credit, and without excuse amidst the oVeroWing re-
sources of the country, relieved from the exlgen-
cies of the war; therefore in order to secure sound
currency free from all uncertainty the interests OF
business require,
r BE 1T resolped by the Senate and House of Represen
tatiues of the United States of Ame,tca IN Congress
assembled That the faith of the United States is sol
emnly pledged to the payment in coin or its equivalent
of all the national obligations now outstanding, except
where the law authorsing any such obligation has ex
pressly provided that it may be paid in what is termed
lawful money. t5--z'
Sec. 2. And Be 1t further enacted, That any cons
tract providing specifically for payment in coin shall
be legal and valid, and may be enforced according TO
its terms but this provision shall not apply to the re-
newal or extension of contract already made
Sec. 8. dnd be it further enacted That the Secre
ary of the Treasury is hereby authorised to issue
pons registered bonds Of the United States in such
form as he may prescribe and in denominations OF
one hundred dollars any multiple Of that sum, pay
able in coin at the pleasure of the United States after
thirty forty years. respectively and having interest
payable semi annually in coin, as follows: The bonds
falling due in thirty years at four and half per cent
year. and the bonds falling due in forty years at four
der cent year, which bonds and the interest thereon
shall be exempt from all taxes duties TO the United
States other than such income tax as may be assessed
on all incomes, as well as from taxation in any form
under State municipal or local authority; and these
bonds and the proceeds thereof shall be exclusively
used in the discharge of the outstanding obligations OF
the United States, by purchase exchange or otherwise,
in such and such terms not less than par
the Secretary of the Treasury may deem most condu
Give to the Interests of the government and may be
issued amount, in tile aggregate, sufficient to
cover the principal of all such outstanding obligations.
SEC. 4. dnd be further enacted That all acts and
parts of making anything but gold and silver law
full money and legal tender in payment OF debts,
public and private hereby repealed this section to
take effect from and after the fourth day OF July,
eighteen hundred and sixty ynne, Propided hoeeeoer,
| That any currency now recognised as lawful money
and legal tender shall continue year thereafter,
receivable in payment of taxes, debts and demands OF
every kind due to the United States, including daes
on imports.
SEC 5. AadJe 1t farther enacted, That in order to
promote the objects specially contemplated by this act
and for the purpose of meeting any exigences arising
under any of its provisions for which the powers al
ready granted insufficient, the Secretary of the
Treasury is hereby authorised in his discretion, to
borrow money the credit OF the United States IN
such and upon such terms as he may deem BEST
the same to be applied exclusively to promote the re-
sumption of specie payments md to other purpose
SEC. 6. A nd be 1t1ther enacted That this act, ex
cept as herein otherwise provided, shall take effect
from It's eassase.
| DRAWING SEArs-The following graphic description
of the scene in the House of Representatives at Wash
ingon on the l6th when the members drew for seats
is furnished by special correspondent OF the St. Louis
| Democrat
| When the drawing began, which took place in the
usual manner Mr.. Broomall of Illinois, the first
name taken out of the box. Mr.. Sypher, ofLousana,
was the next man called, and he modest enough
to take Tha Stevens old scat, the best one in the
chamber. 1t was noticed that the Southern members
were nearly all among those drawn early, and conse-
/ mn Of "A
ter the drawing had proceeded about five minutes
motion made to give ex-Gov. Thomas, OF Mary
Hand his old seat. There at first some objection,
| but the motion finally prevailed.
A motion to give E. B. Washburne, father Of the
House, and Gen. Schenck, Chairman of Ways and
Means, their old seats lost. Washburne fnally
got his however, for it was chosen by the Massachu-
sets member of the name, and then iyen up to
| him. Schenck was of the last drawn and has got
very poor seat. Boutwell,, Wilson, Hooper, and many
others Of the leading men in poor seats IN the back
part of the hall. Butler created great laugh by go
/ ing over ON the Democratic side and taking John Nor
issey's old scat, which is of the most eligible
that side OF the chamber. Ienks, Beaman Fransworh,
and two or three other Republicans finally took seats
lin this neighboSlood Banks, Logan, Washburn, of
Wisconsin, and several other prominent men were ab
sent and will have to take back seats where they can
| find them. Mullins, of Tennessee, was one of the
earliest drawn, and took his old seat in front of the
Speaker running nimtly down the aisle and executing
/ sort OF inUan war uilce Ile uOW WHERE
! at everybody roared with laughter
The old group of great men about the middle of the
Republican side consisting Of Schenck, Washburne,
Dawes Butler, Garfield, Wilson,, Boutwell,, Faine Lo
gam Allison and Others is all broken up and scattered
in various parts OF the chamber. Ross who moved for
the new DEAL next to the last drawn and
most uproariousIy laughed BY everybody because his
new seat is worse than his old one was.
/ SHARP NoTEs FROM ALAsKA.--The Alaska Herald
: ,f ,barI he iE0. 80 K
/ The village Of Three HJrarchs, situated in the
I southern part of Kafak, has magnificent harbor
which can hold vessels of 5000 tuns and in which they
can come quite the shore. The village has about
4ao houses inhabited by ereoles This harbor is full
of samon so that If the fishermen have only enough
salt and casks they fill 100000 barrels in one
summer.
| The collectors Of Alaska find tl,e whisky sold BY
- mild and do not eansderi it spiFituoas; whereas
the whisky sold by either traders is found by the o
GERS Intoxicating and injurious. We wonder what Mr.
| Ketchum's opinion may be on this subject
| Smugglers should pack and bring their skins and
furs in cases. that the quantity ard quality may not
be known as the custom house is satisfied by brief
description of so many cases. The inspectors don't
seem to care what the cases contain.
The Aents are very fond of their little children and
like to see them well dressed. The merchants going
tout for trade to Alaska will do well to take supply
of children's clothing.
All competent judges favor the removal of the seat
OF OF Alaska TO LDe lSianu THIS
place is more central and almost SIN Francisco
I as Sitka
General Davis prosecutes inebrety in private houses
but does not mind drunkenness at the suffers stores.
Copper river aboands in copper, large nuggets OF.
which are found in the streams and on the banks This
fact should attract the attention Of all interested iii
metals
Aentian ladies are said to drak before dinner bot
tie of whisky. They dine all sorts Of game and
venson and after dinner, for dessert relish whale oil
instead of champagne.
The AIents find much pleasure in eating fish and
think it delicious.
There are in stka more bar.rooms than private
houses.
| HOMICIDE IN VIM PARIsH.-We clip as follows
] from the Natchitoches Times Of the 26th ult:
On Monday last Brig. Gen. N b. McLaughen, com
mandng q. S. cavalry in this vicinity, went over into
Winn parish. aeeospan!ed by an orderly sergeant
only, to investigate the circumstances connected with
the murder Of Hal Frazerand another colored man.
an account of which was given in cur columns last
week. While going along the road in The vicinity Of
the murder, he accidentiy met Wm Kimball, one Of
the two brothers charged with the unprovoked murder
Of colored man at Ganney's ferry ii 1866 On see
ing Gen. AcLaughlen, Kmball fled and was pursued
BY the General both being On horsebaek After being
/ pursued for q short tme, Kimbai was thrown from
his horse while attempting to creek bottom
morass He up Immediately and protected BY his
horse began TO fire at Gen. MeLangen, at the same
deuanfnp his surrender The f1enerai returned