The herald and mail. [volume] (Columbia, Tenn.) 1873-188?, 1874-05-29
FROM WASHINGTON.
National Centennial ApprOpriation-In-
ternal Revenue Receipts, Etc.

National Centennial ApprOpriation-In.
ternaI Revenue Receipts, Etc.
A vote on the bill appropriating So,
900, 900 in aid of the national centennia
scheme was reached in the lower b ust
of congress Thursday. The bill was
refused third reading by 80 TO 1873
A motion to reconsider and to lay thai
motion on the table was then made by
Mr.. Hale, Of Maine, his object being
of course, to prevent the revival of the
bill during the present session. Wher
the roll was being called on this propo
sition, the Pennsylvania members
pleaded piteously for respite, and sue
ceeded in changing enough votes to de.
feat it by 1T to 220. a reconsidera
ton of the bill was then ordered, and,
pending a motion to table the whole
matter, the house adjourned. On the
following day, the motion to table was
withdrawn, and the bill was recommit-
ted It will be revived during the pres
ent session.
Senator Ramsey has introduced bill
for the resurrection of the Northern Pa
cific railroad. 1t proposes that the
government shall guarantee $40, 600 in
bonds for every mile of the road con-
structed and equipped. This is the
kernel of the bill, Invested of the vari-
GUS wrappings in which it has been
hidden. In return for the government
guarantee, the bondhClders are willing
to surrender the load already built and
to be built to the control of the general
government until It shall have been re-
lmbursed for its outlay. The bill pro-
vides that the bonds of the road now
outstanding shall be exchangeable for
the new 5 per cent guaranteed bonds.
A bill was reported from the state
finance committee as a substitute for
the house currency bill on Thursday.
1t fixes the limit of the legal-tender cir
culation at 1882, ,000, 900, which is about
the amount now outstanding; authori-
yes free banking and provides that le-
gal-tenders shall be retired in the pro-
portion of 100000 for every S1,000,-
900 of new circulation taken up by the
banks until the total volume of out
standing legal-tenders shall have been
reduced to 5000, 1000, 900. The bill names
January I, 1877, as the time for the re-
sumption of specie payments. The sec
ton in relation to resumption cOntem-
plates the redemption of legal-tenders
by the issue of bonds, redeemable in
coin after fen years at the pleasure Of
the United States. The legal-tenders,
after redemption, may be issued by the
secretary of the treasury in payment of
bonds, for the liquidation of tie ma
tional debt, or to meet the current ex-
penses of the government.
The receipts of internal revenue thus
far for the fiscal year are S86, 100000,
leaving $14, 900, 600 to be received dur
ing the remainder of this month and
June to reach the estimate made by the
of 800, 900, 900 for the
fiscal year ending with June. The re-
ceipts since May have been 50, 900, 900;
for the month Of May, 1873, they were
S12, 355, 000 May is the heaviest month
IN the year, when special taxes are paid.
It is estimated that the receipts for the
present May will be $10,000,000.
The investigation into the affairs of
the District of Columbia is virtually
closed. The examination of witnesses
vas concluded Monday. Gov. Shepherd |
boldly proclaimed his responsibility for
he acts of all his subordinates except |
William A. Cook.
The Mississippi river jetty bill of
Capt. JAS. B. Fades, which was set |
Town for the 21st Of April in the house |
# representatives, and again recon-
nitted, and the Fort st. Phillips canal |
,ill, were considered by the house COM
nittee on railways and canals on Fri
lay, and the committee again decided |
0 report the Fades bill as perfected by
he senate committee.
A Washington telegram states that
he representatives of the cotton states
n the house had harmonious caucus
thursday morning on the subject of re-
unding the cotton tax, and resolved to
ress the measure at this session.
At the workingmen's mass meeting
ED last week resolutions were adopted
emanding the enforcement of the eight
our system ami the removal of Archi-
ect Mullet; depreciating the introduc-
on of Coolies as threatening the ex-
'tence of enlightened workmen, and
avOring the peoples freight railroad
nd the opening of water communica-
ons by the government.
The secretary of state has sent to the
ouse a communication suggesting the
assage of law empowering the presi-
ant to return to the countries from
hence they came all paupers, vaga-
Onds and convicts who may be landed
I the shores of the United States.
his should be done by compelling
sssels who bring them here to take
lem away.