The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1874-02-17

X OF MAJOR NEUTRALITY-SUSPICIOUS. ON
EQUALIzINGTHE CURRENCY-sHARP DRIVES
ON LOCAL ISSUES.
SENATE.
RESERVATION OF AMI PETI-
TIoNs-coMMTTTEE IN DIsTRIC OF coLUN-
BIA AFFAIRS OBSERVATION-DISCLOSURES OF
II YBILL-WHICHI Is PASSED
WASHINGTON, Feb. 10.
The morning hour having expired, the
senate resumed the consideration ofth bank
rnpt bill, the bending amendment being
that of Merriman, of North Carolina, giving
TO the State courts the same power as federal
courts in executing the bankrupt law which
was rejected.
Mr.. johnson, of Virginia, affected an
amendment providing that notice ofall sales
by an assignee should be published in the
newspaper having the largest circulation in
the county where such sale was to be made.
Rejected.
Mr.. Banning, from the post office commit
tee, made a report on the bill to authorize
the transmission of law manuscripts, briefs,
reports, &c, in the mail at reduced rates.
Laid on the table.
Mr.. Stowell, from the same committee,
made an adverse report on the bill to pro-
vide for the public advertisement of mail
lettings, in newspapers published in the
congressional district where the routes are
located, having the largest circulation in the
disteict. He said it would increase the
/ DIOcCht dIuud COoJ vi dON0IticlDE HULL
S132, 900 to S330,000. Laid on the table.
Mr.. Sumner, of Massachusetts,, offered an
amendment to the 2lst section of the erigin-
al act as follows:
"But a creditor proving his debt or claim,
shall not be hele to have waived his right of
action or suit against a bankrupt after a dis
charge has been refused, or proceedings been
determined withent a discharge" Agreed
to-. The bill having been considered in the
senate as a committee of the whole, was
reported to the Senate and the amendments
concurred in.
Mr.. Johnson modified his amendment
previously presented to read as follows:
"All notices of sales under this: aci by any
assignee or officer of the court, shall be pub
lished in a newspaper or newspapers to be
designoted by the Judge, which inlhis opin-
ion the best calculated to give general notice
of the same" Agreed to.
Mr.. Frelinghuysen, of New Jersey. moved
to strike cut tbs 'hrst of December" as the
time when the 39th section shall apply to
all cases of compulsory or involuntary
bankruptcy. and insert the first of Novem-
Der. Lost.
Mr.. Stsvensen, Of Kentucky, said he was
opposed to the passage of any bankrupt bill
and would therefore vote for the house bill
for the repeal of the law. He had always
doubted the expediency of such
a law, and argued that the expert
ence of England demonstrated the
1 L06 ABUSES dUu IFduus WnlCE dbbcHuc0 JIG
operation of every bankrupt law. He
doubted the ~propriety of any legislation to
release debtors from their obligations with
out the consent of the creditors. He
believed that public sentiment was
and favorable to the repeal of the bankrupt
law, and the senate could look to the house
of representatives for the manifestation Of
that public opinion, which that body had
passed a bill for the repeal of the law.
Mr.. Aleorn, of Mississippi, moved to re-
consider the vote by which the amendments
of the law were agreed to-. Lost-19 to 40.
The question thar required GU the passage
of the bill, and it was passed by 40 to ii, as
follows: Yeas-Messrs. Allison, Anthony,
Bayard, Foreman, Boutwell,, buckingham,
Cameron, Carpenter, Chandler, Cooper,
Crozier. Davis, Edmunds, Fenton,
Ferry, of Connecticut, Ferry, of
Michigan, Flanagan. Frelinghuysen,
G~oldthwaite, Gordon, Hager, Mamlin,
Maine, Merrill, of Vermont, Morton, Pratt,
Ramsey, Ransom, Robertson, Sargent,
Schurz, Scott, Sherman, Sprague, Stockton,
Sunner, Thurman, Upton, West and
Wright-43.
Navs-Bogg, Conover, Hitchcock, Logan,
McCreary, Mitchell, Oglesby, Patterson, Ste
venson, Madleigh-1l. The bill now goes
back to the house for the concurrence of that
body. On motion of Mr.. Shannon, the
senate proceeded to the consideration of
the bill reported from finance COM
to amend the act to provide for the redemp-
ton of three per centum temporary loan
certificates, and for the increase of national
bank notes. This bill authorizes the con-
troller of currency to withdraw national
bank currency from states having an excess
of circulation, and issue it to states and ter
ritories having less than their proportion,
provided the whole amount of circulation so
withdrawn and issuee shall not exceed S25,-
900, 700. Pending the consideration of the
bill. the senate went into executive session,
and soon after adjourned.
Mr.. Edmunds, of Vermont, moved to fill
the blank in the section in relation to COM
position with creditors, so as to provide that
the arrangement for a settlement between
creditors and debtors, in order to be valid,
shall receive the signatures OF two-thirds of
the creditors representing one-half the value
of the debts. Agreed to.
Mr.. Thurman, of Ohio, moved to fill the
blank as to the time when. the provisions OF
the 10Th section as amended by the commit
tee, shall take effect, by inserting the first
day of 1873, so that the section shall apply
to all cases of compulsory or involuntary
bankruptcy commenced since that date
Agreed to.
THE HOWARD INVESTIGATION AvoRE BIZ
THE PREsIDENT-THE MENoNITEs-CoRREs-
PoNDENCE GENERALS HERNIA
n SHERIDAN ON THE INDIAN UPRISING
HI SIOUX TO BE TAUGHT A LESSON.
WAsHINGToN, d. c.. Feb. 13.-On motion
of Mr.. Stockton, of New Jersey, the bill tC
restore William Kelburn of San Francisco
to the navy of the United States as ensign
was passed.
Mr.. Sargent presented a petition signed
by 1,166,3S citizens OF California, asking thu
senate to pay some attention to the condi
ton of the treaty between the United
States and China, with a view to havin!
some notifications made therein, to pre-
vent the evil of the Chinese infiex to thi
country. The memorial were referred Il
the committee On foreign relations.
. The chair laid before the senate the reso
1-4:o- e A. uuinonnnin 1anirlatnro inrfrnnt