Essex County herald. [volume] (Guildhall, Vt.) 1873-1964, 1874-02-28
XLIIId CONGRESS.

lamation OF the President OF May 3, and pre-
vious to August, 1861, be paid the bounty Of
81, 900. providing the same has not already
been paid.
Mr. Hitchcock, of Iowa. introduced bill
providing that all lands granted to railroad
companies shall be subjected to State and
county taxation. Committee on Public Lands
After one or two verbal amendments, the
thirty-ninth section of the original Bankrupt
law, as amended and reported by the Judiciary
Committee, was agreed to by the Senate, with
the exception of filling the blank as to the
time when the provisions of the section should
apply to all cases of compulsory or involuntary
bankruptcy. Other amendments were agreed
to. The Committees amendments, as passed
by the Senate, fix the time at forty days within
which any banker, broker, merchant, trader.
manufacturer or miner who has stopped
| or suspended, and not resumed pay
ment of his commercial paper, shall not be
deemed bankrupt, and prescribe that the fees,
commissions. charges, and allowances except
| ing actual aud necessary disbursements of and
to be made by the officers, agents, marshals,
| messengers, Hssignees and registers i'll
| of bankruptcy, shall be reduced TO one-half of
the allowances heretofore provided for. The
| Justices of the Supreme Court who are to
make new rules and regulations in respect to
| the law, are empowered to consolidate the
duties of register, assignee, marshal, and
| clerk, and to reduce the cost of charges, to the
end that prolixity delay, and unnecessary
| expense may be avoided.
Mr.. Boutwell,, of Mass, introduced bill
amendatory of the National Currency act
Referred to the Finance Committee. The
| following is the full text of the bill
Be ii enacted, de-, That it shall not be lawful
for any banking association, organized under
the said act, or any act amendatory thereof, to
pay interest ON deposits to banks, banking
| companies or banking associations nor shall
any such banking association receive interest
upon money deposited with any bank, person,
| party, or corporations; and any banking associa-
| ton guilty of violation of the provisions of
this act shall be liable to penalty equal to four
times the amount of interest so paid or received,
to be recovered in any court of competent
jurisdiction. and it shall be the duty of the
Comptroller of the Currency to cause proceed
| ings to be instituted for the recovery of the
penalties aforesaid and for the benefit of the
| United States.
SEC. 2. That not more than one-fourth part
of the amount of lawful money of the United
| States that any such association may be re-
quired to have on hand, as is provided in such
acts, shall consist of balances due to such as
sociations, as is available for the redemption of
its circulating notes from banking associations
approved by the Comptroller of the Currency.
MIR. Gorden, of Ga, introduced bill to
amend the internal revenue laws.
1t provides that all provisions of law hereto
fore exising in relation to the imposition of
stamps upon written instruments, and all pen.
alties imposed by law for the omission or failure
to stamp such instruments as bear date prior to
the establishment of revenue districts in the
States engaged in the rebellion, be repealed.
Mr.. Cameron, of Penn, 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 tc
take part in the Centennial Exposition al
Philadelphia.
,l.>,a
to the bankruptcy bill, which was agreed to, tt
the 21st section of the original act, as follows
But creditor proving his debt or claim shall
not be held to have waived his right of actor
or suit against the bankrupt when discharge
has been refused or the proceedings have beer
determined without discharge. The bill hav
} ing been considered in the Senate as Com
} mittee of the Whole, was reported to tn,
Senate and the amendments were concurred in
Mr.. Johnson, of Va, modified his amendment
previously offered, to read as follows Al
notices of sales under this act by any assignee
or officer of the court shall be published in thu
newspaper or newspapers to be designated b,
I the Judge, which in his opinion, shall be bes
calculated to give general notice Of the sale
Agreed to. The question then required on tn
passage of the BILL and it was passed-Yeas
3 43; Nays IL.
! Mr.. Boutwell, of Mass, introduced bill t.
, provide for the survey and disposal of timbe
|
districts to be surveyed in tracts of 100 acre
each and allows any person engaged in tn
+ business of mining to make entry of tn
. stumpage upon any one such tract and remov
all the timber except one tree to the acre within
, three years, paying therefore at the rate o
80. 30 per acre. The Secretary of the Interio
Is also required to make surveys of the timbe
6 lands suitable for agricultural purposes, an
any homestead or presumption settler may ente
! not exceeding forty acres of said timber land
1 at the rate of $3.50 per acre.
. The Senate discussed Mr.. Bayards resolutio
] calling upon the President to inform the Senat
a whether any officer of tie United States Arm
on duty in South Carolina had been instr1
mental in procuring compensation from tn
i State for his services The resolution wer
e over
n The Chair laid before the Senate resolution
of the Wisconsin Legislature, instructng th
a delegation in Congress from that State to vot
. for the passage of the law reducing the pay
j. all civil and military employees of the Govern
j. ment to scale commensurate with the dutie
" performed by them. Referred to the Commi
n tee on Civil Service and Retrenchment.
Mr.. Sargent presented memorial from Cal
/ fornia for the prevention of the evils arisin
:, from Chinese emigration.
HOUSE.
Mr.. Dawes, of Mass, introduced bill to +,
. . duce the rate Of letter postage to two cents
IL By Mr.. Platt, Of N. Y.-Fixing the salarit
y of the Postmasters of New York, Philadelphia
e Boston, Chicago, st. Louis, Cincinnati, Bait
n more, and San Francisco. 1t fixes the con
2 pensation of the Postmasters named at IL
" following rates, viz: At New York. $40, O0C
e Philadelphia, Roston. Chicago, and St. Loui
j. at 81, 900 each and Brooklyn, Baltimore, al
|. Cincinnati $4,000 provided that such salari
i shall be paid from money received at the pc
y offices from box rents, sales of postage stamp
l. and other sources in excess of the expenditure