The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1874-05-30

La. SATURDAY, MAY 80, 1874.

chusetts: To provide for free banking and better
security to depositors, to hinder usury, to give
elasticity to the currency, preserve its value
les by locking up currency; by Mr.. M0rri-
SON. To fix the term of the Presidency at
SIX years ar m ana to 5s @ 70 ai
sioner of Internal Revenue by summary process
to compromise cases arising under the Internal
Revenue laws, in which penalties and forfeitures
may have been incurred without fraudulent in
tent; by Mr.. Robbins: For the election of Su-
pervisors and Collectors of Internal Revenue
by the people of their respective districts ......
The Harbor and River Appropriation bill was
passed under suspension of the rules; also,
bill declaring subject to local, State and terrific
ial taxation the lands of the Pacific Railroad
Com 1any, from the time that they became
titled to them, irrespective of the time at which
patents were issued. "A resolution declaring
that if an increase of taxation be found necessa-
ry such increase shall commence with taxation of
persons and corporations on their annual in-
comes, dividends and salaries was carried-ayes,
g; noes, 81 "A bilf to confirm pre-emption
and homestead entries on public lands within
limits of railroad grants in cases where such en-
tries are made under regulations of the land Of
fee, was passed. Adjourned.
MAY 12.-SenGte.-Mr. Scott from the
Committee on Finance reported an amendment
to the new Finance bill which proposes to strike
out the following words in the second section
of the bill: ''And each national banking asSo-
citation now organized or hereafter to be organ
lied shall keep and maintain as part OF its reserve
terest on honds of the United States deposited
security for circulating notes orsGovernment
deposits, and to insert in lien thereof the fol-
lowing: And each of said associations shall
keep and maintain; as part of its lawful money
res rye, one-third of the coin received by 1t in
terest ON bonds of the United States deposited as
security for circulating notes or Government de-
posits, unless such association shall elect to
change such proportion of coin for bonds of the
United States-ef character herein provided for,
which shall therefrom until the first day of July,
1873, be delivered to them by the Secretary
of the Treasury, and which may afterwards be
of its reserve, three per cent only of the inter
est upon which bonds shall be paid to such as
sociation or to any holder thereof, and the re-
naming two per cent. shall be retained by the
Secretary of the Treasury; and the whole
amount of gold thus received shall be applied
by him exclusively to the payment of 30 bonds
of the United States.'' Ordered laid on the
table and printed .Mr. Kelly from the Com
mittee on Military Affairs, reported fayOra-
bly, on the bill to provide for the better protect
ion of the frontier settlements of Texas against
Indian and Mexican depredations Placed on
the calendar :. The Geneva Award bill was con-
sidered at length in Committee of the Whole,
and finally passed by the Senate. Mr.. Clayton
offered resolution that committee of three
Senators be appointed to proceed at once
in that State Laid over Adjourned.
House. cannon, sitting member from Utah, was
declared entitled to his se3t A resolution was
then passed that the Committee on Elections in
vestigate the polygamous practices of Cannon,
and report to the House in reference thereto -.
The Passenger Steamboat law was considered at
length. Adjourned. tH