The Bolivar bulletin. [volume] (Bolivar, Hardeman County, Tenn.) 1865-1888, 1873-12-19
CONGRESSIONAL.

In the senate, on the 9Th, bills were
introduced: To incorporate the Southern
railroad company, and to
grant the right Of way through the public
lands to the same; to authorize the organ
ization of national banks without eircula-
tion amendatory OF the act to establish a
uniform system of bankruptcy throughout the
United States; for the better protection of
public works on the Mississippi river; to pro-
vide for cheap and permanent transportation
for persons and freight between New York and
Chicago; bill for the relief of the East Ten
nessee university; to establish national uni
versity Of education and labor. James r..
Young was elected executive clerk, Rev. Byron
Sunderland, chaplain of the senate. Senate
went into executive session and soon after
adjourned.
In the house, ON the Stb, bills we're
introduced and referred as follows: For the
admission of Colorado as a state; TO provide
25 600, 600 additional bank note circulation for
states having less THAI their due proportion
for the payment Of losses by the Morgan raid;
to repeal the bill to enforce civil rights to
repeal all the taxes on whisky and tobacco, and
to provide for deficiency in the revenue
thereby occasioned; to provide fer cheap
TRANSPORTATION between Chicago and New York;
for the insurance OF national currency and
65-100 government bonds to be inter-chaDg-
able A bill was passed modifying the steam
boat passenger act by allowing tow boats on
the Ohio and Mississippi rivers to esrry 15O
pounds OF steam pressure in place of 11O
on standard boilers of forty-two inches in di-
ameter, with plates one-quarter Of an inch IN
thickness also, by a vote of 145 to 2s, q bill
removing all disabilities imposed or remaining
on any person by the third section of the
fourteenth article OF amendments Of the con-
s6tutiOn, and substituting for the iron-clad
oath the modified oath now administered to per
sons fron whom disabilities had been removed.
A resolution recognizing Cuban belligerency
was objected to and Withdrawn. A lively dis
cussiOn was had on the salary question, which
ended by pOstponing the subject till toner
row. Adjourned
In the senate, on the 9th, bills were
introduced and referred To provide for ths
resumption Of specie payments and free bank
ing. It directs the secretary of the treasur,
to issue in return for deposits Of United statel
notes to the amount of fifty dollars and up
wards, S10O 600, 900 Of loan certificates, pay
able in four years after date, and bearing
interest at the rate of 65-1O0 per cent. pc
annum. All the national banks mentioned il
section 81 Of the national currency act ar
authorized to hold one-half OF their reserve il
these certificates and the other half in Unite
/ States notes or gold All other national bank
/ may hold any part Of their reserves In thss
! certificates. The secretary Of the treasury
directed, st any time after Oct I, 1874, to issu
! $50 six per cent gold bonds to the amount o
] $500 000, ,000 with the proceeds Of which Whe
/ sold a. par for gold coin, he shall. on and afte
! Jan. /, 1875, redeem IN coin such United State
/ noles not bearing Interest, payable to bearel
I as may be presented in sums not less than on
! thousand dollars. Finally, the bin propose
to repeal all limitations on the amount {
national bank currency, except EestEletlo