The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1869-01-23
HOUSE OF REPRESENTATIVES.
THE BANKRUPTCY LAW.

THE BANKRUPTCY LAW.
Mr.. POLAND, (rep.) Of W.T. from the Commttee on
Revision OF the Laws, made report in reference to
the extension OF the forty per cent clause in the
Bankruptcy law, and the printing OF notices In panK'
ruptcy. Ordered TO be printed and recommitted.
ISSUANCE OF GOLD NOTES BY THE GOVERNMENT.
Mr.. GRIswoLD, lrep) OF N. Y, introduced bill to
diminish the fluctuations In gold and TO provide iol
a return to specie payment, which was referred to
the Committee OF Ways and Means and ordered to be
printed The bill proposes the Issue Of gold notes by
the government redeemable In coin and receivable
for all government dues not to exceed three hundred
ATTY millions and not t 70 fSs NOMINAL ans
OF grecnbacks be Withdrawn IRON clrcuiaton. Inc
amount OF gold IN the Treasury above ,nal Iealfea
for three months interest on the pubic ueDt Is 70
be used in redeemig greenbacks at the average gold
value The bill contains several other propositions.
IT was not prepared by Mr. GvtSwold, but was ntfo-
uced by him at the request OF its author Tor the con-
sideration OF the committee.
Mr. SipEseL re m Of Mass nom the Committee Of
Conference on the bin relative to taking testimony
in contested election cases, MADE report winch
""S THE DENVER PACIFIC RAILROAD.
The House then, at twenty minutes past one, re
Denver Pacific Railway and Telegraph Company.
Mr.. VAN TRUMP, DEM Of ONO, contin,ien ms
argument against the bill, which he had commenced
u Mr. CLARKE, oep) of Kan, followed in defence of
Mr. LOGAN. rep., or Ill. modified his substitute SD
as to read as follows;-
Be enacted &C., That the Union Pacific Railroai Com
COMPLETION q the railroad point Of is ter
mini four mics In the direction or :, h,n e h
dollars mile Of road to o. rebuilt a SAD bonds sen 70
per anniS payable mannnay the nrs day q Feb.
q each year IN lawful ,hs ne Interest Interest
s sass or ~ the % Of The United
s. e. as y
Is me hs ..ss states ay s
peen per 81 ns as SAID ra
r road are sP Su a n 1 soad and
shall in Whiting 70 the p sss %ao
sas u {. s s n sss I
s s UF mt so
Soa PET Ss se q se Iaal hs
endorse and such bonds FOR the United states guar
and the s q. S sSns s sy
s rolling stock and favor O the United States
no @aas as' duty Of r. dpo.
the 0 T n,s. state s 4 as as sn
q money to pay aes ias s Prssds 1 ma ,s
Trcasn,y sry days nSss
to @ cr 81 he Td a
Of making greyon e s ss
to retain rss q money due said company Gn ae
q III one " an nad om M
sna 1Sasa u tho malls By company h all
%oa ne .d eSmp Ts% FOR United
the made with the said company, and
eurpus money remaining after the payment OF any
scrnj instalment the interest shall be paid
10 the said company and for the purpose OF making pro.
vision for the the principal OF the said bonds 40
endorsed by the United States the lands OF the said com.
pany granted the United States for the con-
rcon said road much a, belong on either aide
the herein mentioned TO be hereafter built
cep much may be necessary 20 the Operating 81 inc SAID
road shall for that purpose by the three
aforesaid shall be- fast ~ every twenty
said completed, put into market TO
settlers ct - 80 under such rules anc rea-
on ms na prescribed by the Secretary OF the Interior
and a the sale OF the said land SHAH he
paid the Treasury of the United States, and The sccie.
ary Treasury shall ihereipon cause such money - 20
the said bonds the same 10 be cancelled anu ae
iyered 70 the said company.
The subject then went over for the day.
AMENDMENT To THE CONSTITUTIONS.
The SPEAKER gave notice that tomorrow Mr..
Boutwell, would call up the proposed constitutional
amendment In respect 10 suffrage and the bli on
that subject for debate during the day.
DEATH or Mr.. KINDS, or ARKANSAS
The death OF Mr.. Kinds, late member from Arkar-
sas who was assassinaed In that State during tile
recess OF Congress- was announced by Mr. EIiiot oil
Arkansas.
AFTER culogiums OF the deceased Ivy the membe r.
OF the Arkansas delegation the House adjourned.