The Rutland daily globe. [volume] (Rutland, Vt.) 1873-1877, 1873-12-04
FORTY.THIRD CONGRESS-.
Second Session.
SENATE
SENATOR MORRILL, on RESUMPTION OF SPECIE
PAYMENT.

WAsmiNGroN, Dec. 3.
Senator Morrill, of Vermont argued at
length to-day in favor of the resumption of
specie payment, and urged upon Congress
the necessity of legislation in that direction
He was not, he said, welded to any special
plan, but favored that proposed by promi-
nent financicrs of New York. that the
Secretary of the Treasury shall issue ccrti-
ficates payable in four years with interest
at 60 at par in United States notes or
gold, at option of holder; requiring banks
to keep one moc,y of their reserves in
these certificates and for the government
to give notice that on January LIST. 1915, it
will pay its notes in cash in New York ;
authorizing the government to negotiate
the loan of two hundred million dollars in
coin at per cent per annum; certificates,
as fast as redeemed, may be paid out by
the Secretary of the Treasury TO satisfy
claims against the government. lie hoped
soon to submit bill providing for the de-
sired return to specie basis.
Senator Ferry of Michigan, moved to
take up the resolution offered by him on
Monday, to provide for the settlement of
the financial arrangement.
Senator Wright of Iowa, moved that the
Senate proceed to the consideration of eX-
ccutiye business, with the understanding
that Senator Ferry he entitled to the floor
on his resolution tomorrow.
Agreed to.
Senator Stevenson of Kentucky, present.
ed u petition of $500 citizens of Kentucky,
asking for the passage of Il law prohibiting
the manufacture of spirituous liquors in the
territories OF the United States.
The Senate at o'clock went into exccu-
tive session. After 30 minutes the doors
were reopcned and the Senate adjourned
until tomorrow.
Mr.. Pratt submitted IA resolution instruct
ing the Committee on Judiciary to inquire
whether Congress has constitutional au-
thority to create corporations tor construct
ing railroads and canals pcnctratidg two or
more States, and whether it has authority
to regulate rates of railroad transportation
over existing roads chartered by the States,
which, by consolidation, have a continuous
line running through two or more States.
Mr. Fenton's bill to provide for better
protection of the Northwest frontier, etc,
provides for the loan of eight million dol
lars in United States 1850 four and a half
per cent bonds, to be male by the United
States to the State of New York, for the
purpose of charging acqueducts and one
tier of locks on the Erie and Oswego
canals, to the capacity to pass vessels of
war 2j feet in width and two hundred in
| lenrih and merchant vessels sc civ l'"''
dred tons burden propelled by steam where
| said canals are less than SO feet upon the
bottom The bill also provides that after
the payment of the debt for which canal
revenues are now constitutionally pledged
and after the canals are thus enlarged theil
net revenue shall be paiG into the treasury
of the United States until the proposed oaI
of $1,000, 900 is repaid. The bonds are Il
be issued upon the report of the commits
sioners as the work progresses every three
months.
HOUSE.
Mr.. Cessna of Pennsylvania, offered
resolution 70 admit Davis and Hogan, o
West Virginia, without prejudice by thei
contestants.
After some debate it was referred to tn
Committee on Elections,
Mr. Schumacher, of New York, CAV
notice of bill to erect in the city o
: Brooklyn suitable building for tn
post Office and federal courts.
Mr.. Storms, or Pennsylvania, gave motto
of a bill to repeal so much of the act O
March Bird, 1878, as prohibits weekly news
papers from passing through the mails FIRE
of postage.
Mr. Dawes, of Mississippi, introduced
bill to provide for the redemption of tn
loan of 1858.
Referred to the Committee Oh Ways an
Means.
Mr.. Cox, of New York, moved the Il,
} mission of T.. c. Davidson, from the fourt
district of Louisiana, and advocated h
motion.
Mr.. Butler. of Massachusetts,, sent
clerks desk and had read certificate froi
Governor Kellogg, of Louisiana, dated pot
+ November, 1878, and stating that at Il
special election held in the fourth distri'
of Louisiana, ON November oath, Georl
l.. Smith had received II majority of Il
votes cast, and was duly elected to repr
! sent that district in Congress.
Mr. Cox intlmatcd that the certificate
had been got up in Washington, and state
that it was practically impossible to ha'
the vote counted so soon in district
large and without railroads lie appeal'
to the House to give the State of Louisial
n the right to be heard through at least o.
i representative fairly elected.
Mr.. Morey, of Louisiana, moved
amend the resolution by inserting the mar
!. of George l.. Smith instead of Davidson.
q Mr. Butler, of Massachusetts,, stat
that the House by its act yesterday h
virtually decided the question, because,
-, Mr.. Peters had not died he would have be
:, admitted with Sypher and Sheldon.
special election had been held to hll
vacancy, and George l., Smith had be
elected, and was entitled to his seat.
Mr., Moreys amendment was agreed t
ct Yeas, l64 nays, %.
If Mr.. Woodford, of New York, and \
ne Phelps, of New Jersey, (Republican
@. voted in the negative, and the oath of
n. officer was administered to Mr.. Smith.
re- Mr. gutler, of Massachusetts, IL
O. moved that the certificates of the contC
,.,.. E., ,,o,, r,ou, ,ha Sto,o 90 I on;s;a