The Cairo bulletin. [volume] (Cairo, Ill.) 1872-1878, 1873-12-10
SENATE.
ROUTINE BUSINESS.

IngAlls introduced . resolution direct
ing the committee on public lands to in
Quire into the expediency OF 80 amending
the act 70 sacouRsge she growth OF timber
on westesn pSHis ~ 10 require applicants
for benefits 10 break and cultivate Q re-
quisito number Of acres BY the end Of the
nrst year, and hsvo some planted in trees
under proper cultivation, at the expira-
ton of three years from the date Of entry.
Passed.
Mr.. Morton submitted Q resolution in
structing the secretary Of the treasury 10
report to the senate the amount Of imports
and exports between the United States
and Canada during the years 1871 and
1872.
Mr.. Ramsey introduced . bill to pro-
vide for the transmission Of corres-
pondencs by telegraph. II
10 in oil substantial particulars
identical with the so-csliod Hubbard bill
for connecting the telegraph with the
postal service.
Mr.. Morsll OF Vermont, offered bill
for the resumption Of specie payment and
for free banking. It directs ths secrs-
tary Of the treasury 20 issue in return for
deposits Of United States notes 70 the
amount Of ffty dollars and upwards, one
able ia four years after date and bearing
interest ct the rate 8 and 65-10O per cent.
per snnum. All national banks men
toned In section 81 OF the national cur
rsncy act are Authorised TO hold one-hAlf
Of their reserve in these certificates and
tha other half In United States notes or
gold. All other national banks may
hold any part OF their reserves In .hese
certificates OF United States notes or
gold, and any deposit available for ro-
dempiion Of circulation. The notes
may DO counted A. part OF the re-
serve OF an association organized in
any Of the cities named in the currenc
act TO which such deposits may be duey
provided no interest be paid or received
therefrom and all United States notes 80
received shall be cancelled. The secre-
tAry Of the treasury 10 directed at any
time after October lst, TO issue fve-twsnty
4 per cent. gold bonds TO the amount Of
two hundred millions Of dollars, with the
proceeds Of which, when sold at par for
gold coin, he shsll on hnd altar January
lst. 1875, redeem IN coin such notes not
bsaring interest payable 70 bearer, a. may
DO presented In sufns OF not less than one
hundred dollars ~ the treasury in Wash
ington, or at the sub treasury in New
York; and ali notes may DO reissued at
the discretion Of the secretary Of the
treasury in payment OF any dues Of the
United States except United States bonds
and interest on the public debt; and fn-
ally the bill proposes 10 re-
peal all limitations Of the
amount OF nstionAl bank currenc y
except the restriction that the amount OF
circulation issued to any national bank
shall not exceed ninty per cent. OF the
bonds deposited ~ security. or a. the
amount 10 paid in capital stock.
by lngalls, bill to arm and equip tbs
whole body OF militia OF the United
t-Stsses.- 1t provides that $4,000 DO sp.
propriated annually for that purpose, and
all arms Issued 10 the militia DO Of the
same pattern - adopted for the United
States army.
by Mr.. Alcorn bill TO proyid for tho
copstruetion OF Lewis on Ne Mississippi
river. II aushorIss She chief engineer
Of she Army "a. have surveys sAnd draw
ings made as soon as practicable for the
location, design ard execution of q com.
plete system Of lsviss for the reclaim ati on
Of the Mississippi Valley, between Cairo
and Belize, the cost Of the work 10 be
psysd BY Issuing and selling United
States bonds from time TO time, a. may
be necessary, not exceeding $50, oOO, 900 10
currency. The states benefited are 20
csds TO the United States all swamp and
overlooked lAnds within their limits and
also other lands embraced within any OF
said lNvies, end At YAK on vasirus drain
age districts, 10 TO be issued for maintain.
Ing Ne !sviss In repair. Tho levies are
to 10 the property Of the United States.
HOUSE.
The House proceeded to the dis,