New-York tribune., 1874-02-11
yIuJD CONGRESS--1sT SESSION

a.
TIE BANKRUPT BILL AMENDED AND PASSED BY
TuE sENATE-A PERSONAL EXPLANATION BY
GIN BUTLER-TnE CONSIDERATION OF TIE
ARMY BILL RESUMED IN THE HOUSE.
SENATE. ...... WASHINGTON Feb 10. 1874
Mr.. BOGY Oem.. MOI presented joint reso-
luton OF the Legislature OF his State IN regard TO illegal
charges made by tho Union Pacific Railroad Company.
Referred to the Judiciary Committee In presenting The
resolution Mr. Bogy said he hoped the Judiciary Com
,,ttee would give the subject early attention and give
proper construction to the acts OF Congress granting
subsidy TO that road
FINANCIAL DEBATE.
Mr. ANTHONY (2ep. X. H. presented pehtoh OF
the citizens OF Rhode Island representing the National
hanks protesting against any legislation 10 diminish
tho volume of currency assigned TO that state Referred
10 the Committee on Finance. Mr. Anthony said there
was theory that the banking capital should be distrb-
uted according the territory rather than accordlng
thcoTy Tos being $50 times as large Rhode Island
should have $50 times much currency Rhode lsauo
scconmodated herself to the National banking system
upon It's establishment without delay, while other see
oDs of tEo country, not wandlg moro currency dld
not do So I, not fair 20 withdraw that money now
Mr SCOTT rep, Ponn) said that one iheqnaI,ty 0i
the New Engand States having an excess OF SSOOOuV
was that tic Government OF the Uned states was VII
tuay paving into the treasures OF those oes TWO per
cent ON this amount ana TINS nc houH1' an iH'4"A''
which SHOULD be romeiicd. , =,
equality in the fact that banks IA ms seSton " ~
pay p per cont to get circulation H2 Thought lhat
another just cause Of complaint that should po ren
MIR. ANTHONY said that Illinois had but :15oooCO99
bankimg Gapiia before tue u ''''
Mn TOG AZ reminded Senator Anthony that the West
was growing section, and had grown since that tne
Nh FERRY rep, M.ch.l said, while u was tEe @ ulls
tt @iI ,oi rcr its fort in suppreesiue The rebellion,
and call attention TO the l8ct that te hSt
Rebellion IL ala not blame New England FOR ayains
herself of this surplus capital Oui ne thong4t @ te & w.
should Ue remembered ana that there should DC SnO"
Mr HhmIIY u'sp. Me) said that tins whole debate
was out OF He therefore OgectcI 70 IL pro-
cecjing iuitlcr and demanded the regular OiueF VI
Nc S EwART lI;op.. Nev) said the debate tho
motion % g-tcg "a. petition.
The CHARLIE has been referred some time since.
Mr. Houuu's point Of order was sustained by the
MI sU.INER Glib Rep, Mass) presented a petition
Cg the mere Ets OF New-Bid ord, Mass, setting icit
The evils Of iuconvert0e currency aud asking sleooy
return 10 specie payments Referred TO tAe Comh''-o
Mr. GoRDoN Dem, Gal introduced bill or,.eva
Referred 10 the Jniiciary Committee.
Mr. SuEhlAN rep OAiol, from the finance !n-
mltce reported, with amendments. the bill to rCNls.,
consolidate, ana amend the statutes an relation 10 es
mates. appropriations, aud public accounts Placed
the calendar The bin requires that the the ann M
book OF estimates shall include fu statements of all
permanent appropriations, bJth specific and indefinite,
remaining IN Orcc; that the annual estimates Tor al
apIropritOus for pubic works shall be accompanied
by n detailed estimate OF the entire cost OF tue SAID
works, and that statement shall BE- furnished showing
the total amount expended under each head Of an a
preparations during the preceding 1Our years IL pro-
Vides estimates for contingent or miscellaneous eX
penses shall not include salaries OF any khd; makes
unlawful Tor any depatueh ol tAe Government 10 eA-
pend for the service OF any year. any sum IN excess
appropriations for that year. or TO involve the
Government in contract fOr IutuTe pay ment OF
the Secretary the Treasury June OF each year. 90
into the Treasury such portions Of all balances OF
appropriations uneXpenued On May 81 previous, rs WIZ
not be needed TO meet outstanding liabilities or fulnI
contracts properly made within the current fiscal year.
Foreign Relations, reported without amendment the
House bit requesting the President to extend in The
pf TY fgn IN
foreign governments to take part IN Tie Centennial E1-
position at Philadelphia
Mr SCOTT (iep., Penu) from the Finance Commit
tee reported with amendments tne HJuc bill relating
TO bonded warehouses for rice. A. amended the bi.l
authorizes the Secretary of the Treasury establish at
any port of entry bonded warehouses 10 ue used for the
storage aud cleansing 0: imported unceluscd rice and
PADDY Intended for expectation TO iureigu countries.
Tne CHAIR laid before the Senate communication
from the Commissioner Of Agriculture response TO
resolution of Feb. 6, nc.osng the report Of
Geo T.. Marsh irrigation. Al was lald the table
The CHAIR announced rs a member Of the Committee
10 toiuvestgdtc into the management OF the Government
nf the District Of Columbia IN the place OF NJ Mornl
dep.. Me), excused. Mr. Allison (Rep:. l9%a 80 iAa'
TIE BANKRUPT LAW
The morning hour having expired. the Senate re-
suned tlc consideration OF the Bankrupt bill tho pend
lug amendment being that of Mr. MerrmOn, giving 10
the STATE cOuIts the same power Federal courts in
executing the Bankrupt law. which was rejected
Mr EDMUNDS RepD VI moved TO fl the blank in
the section in relation TO composition with creditors
between creditors and debtors, IN order be vail
shalt the signatures OF two thirds Of tAe number
Of creditors representing Onc-htH tho value of the
debts. Agreed TO-
MI. THURMAN Dem, Oho) moved TO fiji the blank
a, t1 the when the provision OF the 39h section
amended by the Committee shall effect by insert
lug Dec. !, 1875 that the section shall apply TO all
cases OF compulsory involuntary bankruptcy begun
since thai date. Agreed 10.
Mr. SUMNER (Lib Rep, Mass) offered amend
men winch agreed to, to the 2lSt section OF the
original act, as foil iws:
But creditor proving his debt claim shall not be held
waived night Of acol suit agnns the bankrupt when discharge
the proceedings have been determined without
discharge
The biz having been considered in the Senate as
Committee of the Whole, reported to the Senate
and the amendments cOncurTed in.
bIr JOHNSON Dem, Val modified his amendment
previously offered, 10 read as follows:
court shall published tie newspaper pers
Judge, Which, IN his opinion shall be best calculated
general uO,ce OF tie SAFE
Agreed to-
The question then REQUIRED on the passage OF TIE bin
and il was passedYeas, 33; Nays H. as follows QIepuf
lcans In roman Democrats IN itac and Liberal Repub
licans In small capitals:
Allison, Darts, Johnston, tcHuRl.
AnteODy, fdmnlds heHg hfot
UdtGrd, fkHlOS. xIIeI.1"g0GG Sherman