The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1874-02-10
BY TELEGR,ApH.
--latest NEWS ron Washington.
WASHINGTON, February o, 1874. :
Conrresston ~

y asalseIoN, E icy y, 1919 1 Z
Senate.----hlr. MerrImon presented peti
ton for the Improvement Of the mouth q
Cape Fear river. Referred. ,'5 49, ~,
Mr.. HagaDs, the new senator from Cali
4 fornia, was sworn in.
The bill Investigating District affairs was
passed. sN ~
Mr. Hagans. of California, wa, !, laced on
the Committee on Territories.
| The bill for the relief OF the East Tennes-
see University, appropriations SIS, 900 to CON-
pensate that institution for property belong.
ing to It occupied and destroyed by the
Federal army during the late war, was taken
up.
Mr.. Wadleigh, Of New Hampshire, said
the property was taken possession of by the
Federal troops not as 4 military necessity,
| but rs matter of Inconvenience, and be thought
the claim a just one. The bill was passed
ayes. 40; noes, 90.
| The bankrupt bill was resumed. The
amendment abolishing the registers in bank
ruptcy was rejected. The amendment
authorizing nolaries public to take depos-
tons was adopted. The amendment author
tzing the assignee to bring suits for sums less
than 5000, unless the court having charge
OF the case should order otherwise, was
adopted.
Mr.. Gordon, of Georgia, Introduces bill
10 amend the internal revenue laws. 1t pro.
vldes that all provisions of law heretofore
existing in relation to the imposition of
stamps upon written instruments, and all
penalties imposed by law for the omission or
failure to stamp such instruments as bear
date prior TO the establishment of revenue
districts III the States engaged in the rebel
lion be repealed.
1t further provides that the time allowed
for stamping deeds, mortgages, and other
papers which bear date since the establish
to the - day Of - 1877. Any judge or
Justice Of the peace in said insurrectionary
States may attach stamps heretofore re
ouired upon said documents. and the Com.
missioner of Internal Revenue is authorized
TO furnish stamps for SUCH purpose TO the
; order Of the president or cashier OF any na'
tional bank upon a certificate Of deposit II
such bank.
: The bill is prefced by preamble declar
ing that in the late insurrectionary State
during the war il was impossible to procure
the revenue stamps required by law to b'
+ attached to deeds, NOR cages, and other pa
pers intended to be recorded.
The bill was referred 10 the Committee OF
: Finance.
House.-The usual number Of miscella
: neous bills were introduced and referred.
Among the bills introduced and referred
were bills reducing letter postage to twt
cents; repeating taxes on whiskey and to
. bacco; two bills by MeSsrs. White and Bell
of Georgia. granting aid to the Atlantic
f and Great Western Canal Company; by Mr
Stone, of Missouri, for the construction O
the st. Philip canal; by Mr.. Vance, of Nortl
:, Carolina, to incorporate the branches o
the contemplated Southern Transcontinenta
railway under the name and style OF tn
North Carolina, South Carolina, and Georei
;: Extension railway. 1t provides for the con
D soIidation of the North Carolina, Western
) North Carolina, Wilmington. Charlotte ant
: Rutherford, and the Spartanburg and Uniol
railroads. The bonds of the company at 81!
; per cent. to be endorsed by the State o
: North Carolina and the Treasurer of th
United States.
Mr.. Coburn, of Indiana, offered resolu
ton declaring it to be the sense OF the Hous
that Congress should not adjourn until som
measures are enacted providing for reform
in the present system of the currency. Also
on. the subject of transportation, and for
more economical administration Of the Gov
eminent.
The rules were suspended and the resolu
ton adopted without the yeas and nays.
Mr.. Smith, Of Ohio, moved to suspend tn
rules and adopt q resolution declaring it Il
be within the constitutional power Of Con
= greSS by law so to regulate commerce anon!
the States as TO protect that portion of tn
internal commerce which is among the sew
= eral States from all unjust or oppressive tolls
/ nhStr1lptlnnS other
whether imposed by railroad companies o
by combinations thereof, OF by other com
mon carriers, and that the present condition
and magnitude Of the commerce among Ii
States demands tho prompt and wise eyer
else of those powers and duties. Carried
!, ayes, 10; noes, 81.
Representative Smith, Of North Carolina
; introduced II bill proposing to abolish a.
internal revenue taxes on whiSkcy and tt
baccc, and to collect an equivalent amo IN
| of income By means of increased duties O
5, imported goods. The bill was referred /
the Committee OH Ways and Means.
Adjourned
- ArncntlatGry Currency Act.
The following is Senator Boutwell's bil
amendatory of the national currency ac
introduced to-day:
BE ii enacted, DC, That it shall not b
:. lawful for any banking association organ
lied under said act, or under any act amend
= atory thereof, to pay interest on deposits t
banks, banking companies, or banking assc
Citations; nor shall any such banking asSoci
alton receive interest upon money deposite
with any bank, person, party, OR corpora
ton and any banking association guilty Q
a violation Of the provisions of this act sha
r be liable TO q penalty equal TO lou
re times the amount Of interest SO paid o
received, to be recovered in any court 0
l. competent jurisdiction and it shall be th
duty of the Controller Of the Currency Il
= cause proceedings 10 be instituted for the re
coYery of the penalty aforesaid, and for tn
benefit Of the United States. a#@
SEoTIoN2. That not more than one-fourtl
part of the amount Of the lawful money o
the United States that any such association
may be required to have On hand, as is pro
vided in said act, shall consist of balance
= due TO such association, rs available for tn
redemption of its circulating notes from
banking associations, approved by the Con
troller of the Currency.
Amendatory Revenue Law.
< Senator Gordon's bill amendatory of tn
revenue law will give relief to the people j
it passes. 1t provides for the repeal OF al
penalties imposed for failure to affix reye
: nue. stamps to deeds, mortgages. and paper
of record in the South prior to the organize
ton OF the revenue districts in that section
and embraces the whole southern States. /
alec ax,topds tbe ti,np for stamnipp oil r, pars