The New York herald., 1870-03-02
FORTY-FIRsT CONGRESS.
Second Session.
SENATE.
WASHINGTON, March

WASHINGTON, March l, 1870.
OBSERVANCE OF SUNDAY BY CADETS.
Mr. WILSON, rep.) Of Mass, introduced joint
resolution for the better observance Of Sunday in the
military and naval academies Referred to the Mill.
tary Committee.
PERSONAL EQUALITY.
Mr.. REvBLs, ldem.) OF Miss presented petition
from the coored Of Pniadelpnia for the passage
Of the bill to to all persons the equal protec
ton Of the laws. Referred 10 the Judiciary Com
mittee.
SPEECH OF sESAroR Howe..s. 6w-
MI. HOWELL, rep) OF Iowa. made his first speech
In the Senate in support or his resolution that In
every grant of lands to railroads provso shall be
Incorporated securing the rights OF settlers to home
steads on the grants, and requiring the land to be
put in market at an early day at price not exceed
permanent policy by which the protection OF the
West and Southwest from the great evils Of land
grants as Inevitable AZ the Wimot proviso used to
be in Territorial bills. the rapid accumulation OF
capital ana tae powerful combination OF railroad
opoy In these days and necesstated the imposition
OF restraints While advocating this policy he would
lands to promote the settlement and to develop the
resources of the West. The wisdom and success Of
this policy had already been established In the South
it was perverted by slavery to build up q landed
aristocracy which still continued, legacy OF that
institution which should have perisned with it by a
the loyal solder who trampled out the rebellion IN
blood and fire. The Northwestern States had re-
celved liberal grants OF land before railroads existed
there but when these became the great ciyzers the
liberality OF the government was directed to their
aid. The grant for the Illinois Central procured by
Mr.. Douglas produced an almost magical eject in
developing the population and wealth OF that State
and OF the city OF Chlcago and the Injurious effects
OF the present railroad system would not be dispensed
with IN view OF Its advantages BY rejecting what
was bad III our present land grant policy and hold
ing on TO what was good In 1t the growing oppOsl-
q nrn IN Qpruan nf
these grants and the suspicion Of corruption, nvolv
ing parties connected with tbem would be satisfied
Tue policy Itself was not complained Of; but Its
abuse. The States interested In the continuance OF
this policy must unite to correct these abuses, or
the system itself would be sacrificed with all It's
benefts.
The resolution introduced by Mr.. Howell was then
adopted.
THE FUNDING BILL.
At quarter past one the Senate resumed the con-
sideration OF the Funding bill, and Mr.. CoRBKrr
(repl OF Oregon, submitted ana advocated an
amendment which was previously introduced by
HIM separate bill. He proposed to substitute it
for the first three sections of the bill which author
tied o loan OF twelve hundred millions in three
equal amounts, at different rates OF interest. II
authorizes the issue OF one thousand millions, with
thirty -hve years to rum principal and interest pay
able IN gold coin, each bond bearing interest at six
per cent for the first three years. nve per cent for
six years following and four and half per cent for
the next six years. and four per cent for the twenty
years following, the BONDS and income therefrom
free from tax and exchangeable for nve-twenty
posed several notifications In the eighth section,
dispensing with the compulsory clause and leaving
the right to exchange their bonds discretionary with
EXECUTIVE SESSION.
Az nve minutes to TWO O'Clock. without disp0sng
OF the amendment, the Senate voted by yeas % TO
nays 70 to go into executive session.
subsequently the doors were reopened ana the
Senate adjourned.