The Conservative. (M'connelsville, Ohio) 1866-1871, 1869-01-29

SENATE, Jan. 20tb,-Howe presented n
remonstranco Of the Chamber Of Commerce OF
Milwaukee against the further extension Of a Ger.
tain portion Of tho bankrupt law, and resolutions
of the same body asking the appointment Of aeon
mission ~ locate the canal above the Fals of Mag
ara. Referred.-Bills were introduced granting
lands in nd Of the construction Of . railroad from
Sioux City, Iowa, to Columbus, Nebraska; extend
Ing the jurisdiction of tho Court OF Claims; pro-
viding for reduction of tao army; to reorganize
tho officers Of the army.
HoUsE-Bills were introduced for the re-
lief Of states entitled TO swamp land iudemnities.
Referred 10 the Committee on Public Lands; for
the relief OF a large number Of citizens OF southern
states from political disabilities; 30 strengthen pub
lie credit, and relating 10 contracts for the payment
Of coin. II enacts that all DEMONSTRATING notes Of
the government shall he paid in coin except where
IL ~ otherwise provided by law. II also l~egaliZcs
coin contracts bin was passed declaring that II
shall not be lawful for any officer Of the Govern
ment, member of Congress, or other person enti-
tied by law to the franking privilege. TO exercise
said privilege otherwise than by his or her written
autograph signature upon the matter franked, and
all letters or other mail matter not thus franked by
the written signaturcaof q person entitled by law 10
exercise such privilege, shall be charged with the
rates Of postage which arc now or may be establish
cd by lava resolution was adopted for the ap.
pointment OF aselect committee Of seven 10 inquire
and report as to what legislation is necessary 70
provide for taking the census
SENATE. Jan. 21st-Bils were presented
to regulate the payment Of Tonnage tax; to amend
the United States usury laws, BY making SIX per
cent. the legal rate OF interest, but allowing con.
tracts for the payment of a rate not exceeding eight
per cent. to prohibit the secret sales Of gold adj
ditional to the act granting land 10 aid in the con.
s%tructiun of the Northern Pacific Railroad. which
was referred 10 the Committee ON the Pacific Rail
road. II provides for a guarantee by the govern.
mont Of the payment Of the interest on the com.
PAWS nfty-six years six per cent. bonds TO tho
extent OF s4O,O0O in bonds per mile. the United
States 20 be secured by the retention OF the sun
due for government transportation, and BY the re-
oeipt Of two per cent on the roads gross earnings
20 amend the national currency act. Il provide,
that each btnkibg association shall make, upon
rcquisiuOn OF the Controller OF the Currency, az
often as once o quarter. a repOrtof It's unairs, which
report shall be published in abstract in a paper
I'm Washington and in the place where such asso
citation is established, said papers 10 be designated
by the Controller. Every banking association
selected ~ a depository Of public money shall de
amount Of money never 10 be greater than % pei
cent Of the par value Of the bonds. Banking asso
Citations having determiuedtO wind up their affair
shall pay into the United States treasury the amount
OF their notes, In lawful money. aud take mp thcii
bonds: or If they fail 10 do this, the Controller shil
soil the bonds AZ auction in New York, and fruu
the proceeds redeem the outstanding circulation
and return the surplus, II any, 10 tie aesodidou--
this does not apply TO associations winding up thcil
affairs for the purpose Of consolidation with othoi
associations. Receivers Of national banking assO
Citations shall have a salary of $1,000 aud q com
mission Of three per cent. upon tho hrst siOO,OuO
and two per cent upon all sums above 100000 an,
not exceeding SjOO,OO0. No national banking assO
citation shall. after the passage OF this act. maxi
any loan on United states notes or on the Clrculat
ing notes Of any banking association a. collaterals
-Sherman's mir line railroad bill was discussed fol
some time, when the Senate adjourned.
HoUsE. "A bill was passed regulating tn,
appointment Of midshipmcn in the navy.-Som
discussion arose on the contested seat nf the nintl
Congressional district Of Missouri, which rcsulte,
in confirming An irrson IN the scat. Adjourned.