The democrat. [volume] (Weston, W. Va.) 1868-1874, 1874-02-23
xLIIId CONGRESS-.
SENATE.

r. ANVHat AhAANAAINAt y w. W
refund internal revenue taxes improperly
assessed and collected. ReioTed 70 Tho
Committee on Finance, II directs tho re-
mission or repayment Of all taxes assessed OF
collected on or from citizenA In the inHurrec-
uonary States contrary TO the provisions OF the
TrCasny Department circular No. 10, issued
June al 1867 ~ JAZZ vac ''N ~
Ar. Sargent, Of Cal, from the Committee on
Naval Affair.", reported, with amendments, the
bill 70 encourage tho establishment Of marine
The motion o. Mr.. oglosby. q III. 70 strike
out from the bankruptcy bill tho words, cor
WHO has stopped or Suspended and not resumed
payment Of his commercial paper within o.
period Of forty days 70 that persons Of that
class should not DO considered bAnkrupts, was
rejected BY 81 nays 10 10 yeAs.F 30 ~ el'4
Mr.. CARPENTER. OF Wis, introduced . bill, Of
which he had given previous notice, 70 restore
tho rights OF The State Of Louisiana, and said
he desired tohav6 tho bill printed and lie on
the table. Early next week he would ask to
take u up for Reference, and would ask the In
diligence Of tho Senate to submit some remarks
0xplahAtofy OF tha bili! The bill was ordered
10 DO printed and lilo on the table. VI sy.l.il
Mr. Chandler, OF Mich, introduced q bill 70
Authorize the sale o. certain public property,
II directs tho Secretary Of War 10 sell 70 tho
highest bidder oil the lands and tenemensA be-
longing 10 Tho United States RtAugustA, Moi
DeSrbofnylle, Mich; PikesvillO, Md; and Sag
HRrbor, /. T., now or heretofore used for
arsenal purposes, -. ..i....
the bill in relation TO bounties was taken up and
passed. It provides that all who enlisted In
the army OF tho United States under the proc.
lamAt;on Of tho President Of May ., and pre-.
yious TO August, 1861 DO paid tho bounty OF
| 81 900, providing the same has not already
been paid.
Mr.. Hitchcock. Of Iowa, introduced a bill
providing that all lands granted 10 railroad
companies shall DO subjected 10 State and
county taxation. Committee on Public Lands.
| After ono or two verbal amendments, the
thirty.ninth section OF the original Bankrupt
law, "a amended and reported by the Judiciary
Committee, was agreed to by the Senate, with
the exception OF filling the blank ~ to the
time when tho provisions Of theHectiop should
| apply TO all cases Of compulsory or involuntary
bankruptcy. Other amendments were agreed
TO. The Commlttoe's amendments, rs passed
by the Senate, Ok tho timo at forty days within
which any banker, broker, merchant, ttaier.
manufacturer or miner who has stopped
or suspended, and not resumed pay.
ment OF his commercial paper, shall not DO
\ deemed bankrupt, and prescribe that Tho fees
commissions, charges, and allowances, except.
ing actual and necessary disbursements OF and
10 be made by tho officers, agents, mAnhAlR
messengers, assignees, and registers In cases
OF bankruptcy, shall be reduced 10 ono.hAli Of
the allowances heretofore provided for. Tho
] Justices Of the Supreme Court, who are to
mako new rules and regulations In respect 10
the law, are empowered to consolidate the
duties OF register, assignee, mArshal, and
clerk, and to reduce the,c6tt Of charged 10 The
end that prollxlty delay, and unnecessary
i eXpenHe may be ayoided = az
Mr.. Beutwoll, Of MASS, Introduced bill
Am0ndatory OF the National Currency act.
Referred 10 the Finance Committee. Tho
following Ia the fnll text Of the bill,
BE u enacted, de-, That II shall not DO lawful
for any banking association, organized undcr
the said act, or any act amendAtory thereof, 10
pay interest oil deposits 10 banks, banklng
companies or banking associations nor shall
any stich banking association receive interest
upon money deposited with any bank, person,
party, or corporation; and any banking RssociA.
ton guilty Of violation OF the provisions Of
this act Hhal DO liable to penalty equal 10 -four
tim0s the amount Of interest 30 paid or received,
TO be recovered In any court OF competent
Jurisdiction, and Il shall DO the duty Of The
Comptroller Of tho Currency to cause proceed
ingA 10 DO instituted for tho recovery Of the
penalties Aforesaid and for the benefit Of the
United States.
SEC. 2. That not more than one-fourth mart
Of tho amount OF lawful money OF the United
States that any such association may DO 70.
,quirod To have on hand, % Ia provided in such
acts, shall consist OF balances due 10 Bucl a..
sociAtions, "a is available for the redemption Of
itA circulating notes from banking associations
approved by the Comptroller Of tho Currency.
Mr.. Gorden, OF Ca, introduced bill 70
amend the internal revenue laws,
II provides that all provisions OF law hereto
fore existing In relation TO the Imposition Of
stamps upon written instruments, and all pen.
allies imposed by law for the omission or failure
10 stamp such Instruments as bear date prior 10
the establishment OF revenue districts IN the
States engaged In the rebellion, DO repealed.
Mr. Cameron, OF Penn, from tho Committee
on Foreign Relations, reported without amend.
mont tho House bill requesting tho President
to extend in tho name Of the United States,
cordial invitation to foreign governments 10
take part In tho Centennial Exposition at
Philadelphia.
MI. Sumner, OF Mass, offered an amendment
TO the bankruptcy blu, which was agreed 10, 10
the 2ist section Of the original act, a. follows
but creditor proving his debt or claim shall
not DO held 10 have waived his right Of action
or suit against tho bankrupt when a discharge
has been refused or the proceedings have been
determined without q discharge. The bill hay.
Ing been considered In tho Senate as a Com.
Senate and The Amendnents were concurrcd II.
Mr.. johnson, Of Va, modified his amendment,
previously offered, 10 read as follows: All
notices OF sales under this act by any assignee
or officer OF the court shall DO published III the
newspaper or newspapers TO DO designated by
the Judge, which 10 his opinion, shall DO best
calculated to give general notice Of the sale.
Agreed TO. The question then REQUIRED on the
passage Of tho bill, and II was passed Yeas,
I
HOUSE.