Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1874-02-11
CONGRESSIONAL.
Butler After the Associated Press Dis.
patches-Canals and Rail-
r0ads-Postal Affairs.
The Union Pacific RailrOad-District
OF Columbia Matttrs-Specie
Payment, and Other FL
nancial Business.
A Military Road Across the Indian
Territ0ry-Raphsel Semmes's
Political Disabilities
Etc., Etc.


SENATE.
WASHINGTON, February I0.-Senato
Bogy presented joint resolution of the legis
lature of Missouri in regard tosthe illega
charges made by the Union Pacific railroad
company. Referred.
In presenting the resolution Senator Bogy
said he hOpeo the judiciary committee woul6
give the subject early attention, and Civ
proper construction to the acts of congress
granting subsidy to that road.
The chair pronounced as member of tht
committee to investigate into the manage
ment of the District OF Columbia, in place o
Senator Morrill, [Mainel, excused, Senate
Allison IIowal; so that committee consists o
Senators Boutwell,, Thurman and Allison
Passed.
The morning hour having expired, the sen
ate resumed consideration of the bankrup
bill pending The amendment, being that o
Senator Merriman, giving to State courts tht
same power as federal courts in executip!
the bankrupt law, which was rejected.
senator Anthony presented a petition from
citizens of Rhode Island, representing thG
national banks, protesting against any legis
lation to diminish the volume OF currency as
signed to that state. Referred.
Senator West presented q memorial of The
New Orleans chamber of commerce, asking
for appropriations to reopen the mint at New
Orleans. Referred.
Senator Gordon introduced bill TO relieve
the political disabilities OF Raphael Semmes
OF Alabama. Referred.
Senator Bayard submitted resolution re.
questing the President TO transmit to the sen.
ate the Information called for in the resolu.
ton of March i, 1873, as to whether any officer
OF the United states army, on duty in South
Carolina, used efforts to procure legislation in
that State 70 compensate him for service
rendered by him while in line of duty, and
whether such officer was admitted to the bar
and pracuced his profession while holding a
commission as an officer. Laid oyer.
Senator Stewart submitted q resolution re-
Quesung the secretary of the treasury to IN =
form the senate what time will be required
after the resumption OF specie payment, TO
enable the mtnts of the United States to
manufacture enough silver coin. to replace
the fracsionsl currency. Agreed to.
Senator Cameron, from the committee on
foreign relations, reported, without amend
ment, the house bill requesting the President
to extend, in the name of the United states, a
cordial invitation to foreign governments to
take part in the centennial exposition at Phil
adelphia.
the secretary of the interior to appoint com.
miSsioners to locate and open a road, for mill
tRry, postal and commercial purposes, across
the Indian Territory, from the mouth of the
main Cashe river, in Texas, UiG Fort Cobb,
Fort Sill, and Wachita agency, TO the mouth
of the Walmuth river, in Kansas,
the said road, including belt of country one
and half miles in breadth, to be kept open
to driving and transit of merchandise free
from any charge forever. Referred.
Senator Gordon introduced bill grant
Western canal company currency
notes to the extent of eighty thou
sand dollars per mile for each section of ten
L
vided that the company's first mortgage OF
forty-year bonds ito an equal amounD shall
have previously been deposited with him as
security OF the government. The currency so
issued is TO be redeemed by the company pay-
ing annually the interest into the treasury. A
sum not less than six per cent. of the total
amount issued to be placed on the calendar.
Senator Jones introduced a bill au-
thorizing the coinage of twenty-cent sill
yer pieces 1t proposes TO make
them legal tender at their nOm-
inal value for amounts not exceeding five
dollars in any one payment, and applies to
new coin, and all existing laws relating TO
coinage abaSement or conterfeiting of all 9TH
er coins. Referred.
The chair laid before the senate a commu-
nication from the commissioner of agricul-
ture, in response TO the senate resolution OF
the sixth instant, iuclosing report of George
p. Marshon on irrigation. 1t was laid on the
table and ordered printed.
gard TO estimates, appropriations,
ETC., was reported by Senator Sher-
man from the finance committee. 1t re-
quires that the annual book Of estimates shall
include full statements of all permanent ap-
propriations, both specific and indefinite, re-
naming in force; that annual estimates for
all appropriations for public works shall be
accompanied by detailed estimate of the
entire cost of said works, and that state
ment shall be furnished showiHg the total
amounts expended, under each head, of all
appropriations during the preceding four
years. 1t provides that estimates for
contingent or miscellaneous expenses shall
IL unlawful for any department Of the govern
ment to expend in the service OF any one
year any sum in excess OF the appropriations
Tor that year, or 10 involve the government in
any contract for the future payment OF
money in excess of such appropriations, and
req quires the secretary OF the treasury in June
OF each year TO convert into the treasury
such portions of all balances of appropria-
tions unexpended on the thirty-flrst OF May
previous, as will not be needed to meet out
properly made out within the current
fiscal year, and placed on the calendar.
Senator Johnson offered an amendment pro-
viding that notice OF all sales made by as
signees should be published in the newspaper
having the largest circulation in the country
where such sale was to be made. Rejected.
Senator Edmunds moved to f1ll the blank in
the section in relation to composition with
creditors so as TO provide an arrangement for
settlement between creditors and debtors, in
order TO be valid, shall receive the signatures
of two-thirds Of the NUMBER OF creditors, rep
resenting one-half OF the value OF the debts.
Agreed to.
Senator Thurman moved to I'LL the blank as
to time, when the provision OF the thirty
ninth section, as amended by congress, shall
take effect, by inserting first day of 1873, so
that the section shall apply to all cases of
compulsory or Involuntary bankruptcy since
that date. Agreed to.
Senator Summer offered an amendment to
the tWenty-hrst section of the original act, as
follows: "But a creditor, proving his debt or
claim, shall not be held to have waived his
right OF action or suit against the bankrupt,
Wnen a 01Sclarg6 mas DSen refused, or pro-
ceedings have been determined without 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
concurred In.
Senator johnson modified his amendment
previously offered so as to read as follows:
" All notices of sales under this act by any as
signee or officer OF court shall be published in
the newspaper or newspapers TO be designated
by the Judge which in his opinion shall be
best calculated TO give general notice of the
Vsaaf YPn n
Senator Frelinghuysen moved TO strike out
"hrst of December" as the time when the
thirty-ninth section should apply to all cases
of compulsory or involuntary bankruptcy,
and insert FIRST of November" Lost.
Senator Stevenson 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 ex-
pediency of such law. The experience
frauds which attended the operation of every
bankrupt law. He doubted the propriety Of
any legislation to release the debtors from
their obligations without the consent of the
creditors. He believed that public sentiment
was favorable to the repeal of the bankrupt
law, and that the senate could look TO the
house of representatives for manifestation
of that public opinion which that body had
passed bi i'll for the repeal of the law.
Senator Alcorn moved to reconsider the
vote by which the amendments of the COM
rlittee were agreed to. Lost-l9 to 40. The
question then required on the passage OF the
Bill, and 1t was passed-yeas, 4S; nays, LAS
Yeas-Senators Allison, Anthony, Bayard,
Baremap, Boutwell,, Buckingham, Cameron,
Carpenter, Chandler, Cooper, Crosier. Davis,
Edwards, Fenton, Ferry lConn. j Ferry Mich. ],
Flanagan, FIeelnghuisen, Goldthwaite, Cor
don, Hagan, Hamlin, Johnston, Kelly, Merri-
man, Morrill, MEL, Morrill, lVt.l, Morton
Pratt Ramsey, Ransom, Robertson, Sargent,
Schary, scott, Sherman, Sprague, Stoc ktoni
sumner Thurman, Upton, West, Wright
Nays-Senators Bogy, Conover, Tragen,
Hitchcock, Logan, McCreery, Mitchell, Ogles-
by. Patterson, Stevenson and Wadleign-li
Tbe bill now goes back to the house for the
concurrence of that body.
ON motion OF Senator Sherman the senate
proceeded to q consideration of the bill, and
rra0orted consideration from the finance COM
mfttee 10 amend the act TO provide for the re-
den1ption OF the three per ceIltLnl temporary
loan certificates, and for the increase oi
nationaI hank notes. This bill authorizes the
comntroIler OF currency to withdraw national
hank currency from States having an excess
of circuIation and issue it TO those states and
Territories having less than their proportion
provided the whole amount OF circulation SC
withdrawn and issued shall not exceed TWEEN
ty-five millions. -,
Pending consideration of the bill, the senate
went into executive session, and soon aitei
adjourned.