Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1874-12-27
RELIEF FoR THE SOUTH.

Senator Morton's bill, declaring the
effect OF permits 10 purchase products of
the insurrectiOnary States in certain
cases, granted by the President during
the war Of the rebellion, provides that,
in the determination Of any claim for
the proceeds of captured Or abandoned
property, now pending or hereafter to be
brought in the court Of claims, or before
sny department Of the government,
whenever it shall appear that the Presi-
dent Of the United States, or any pur-
chasing agent Of the government, au-
thOrized any person 10 60 into any Of
the insUrectiOnaTy States for the puF-
1 pose OF bringing out TIE products OF such
! States, and shall have lssned 10 such
/ person q permit or license containing s
! guarantee OF safe conduct through the
military lines. and freedom from detsn-
I ton, seizure and forfeiture; aud in all
cases where il shall appear that any
1 purchasing agent Of the United States
! contracted with such person for the pur-
! Chase OF such products claimed and he'd
/ by him, such license ahd permit, and
such contract for purchase. when made
/ ursuSnt to regulations Of the secretary
/ of the treasury, shall be held valid anC
/ binding ON the United Ststes; and II
! all eases where such pTcducts, whetne
Z in transit or in storage, awaiting trans
pOrtatiOn, snail have been ssized oy th'
authorities or agents Of the unite'
I States, the claimants thereof, or thos
claiming under him, on proof that suci
products were obtained and held by hin
under such permit or license, or weT
contracted to be sold by any purchasing
sgent Of the government, shall be enu
tied TO recover the net proceeds OF tn
same, 80 far as such products may b
traced into the treasury OF the Unite'
States. The bill is under consideration
by the senate committee on militar.
affairs.
The house judiciary committee has DC
fore il a bill introduced by w. A. Smith
of North Carolina, for the relief OF ID
southern States by the compromls2 an
settlement Uf their debts. II is rs fol
lows:
/ WHEREAS, There has been Illegal.
assessed, collected, and paid into tn
treasury OF the United States large sun
Of money imposed az q tax upon the cot
ton product of certain States, TO wit: Vii
einfa, North Carolina, South Csrolina
Georgia, Florida, Alabama, Louisians
Mississippi, Texas, and Arkansas; an
whereas, the said States are Involved d
debt from which they cannot reliev
themselves without assistance; there
I fore,
Be It enacted 6y the senate and hOtts
OF representatives. IN congress assembled
That the secretary of the treasury an
attorney-general are hereby directed
without delay, to eonfef with the credit
ors Of said States, and ascertain upo
what terms such indebtedness can 3
compromised aud adjusted. The ev
dences OF Sebt shall be classified in tn
manner Bow established and recognize
by the stock exchange of New York.
in the opinion Of the secretary and q
torney-general, a reasonable and IA
settlement Of such Indebtedness can
made, then the secretary Of the treasur
Is hereby authorized 70 pay on th
debt of each State q sum Of none
equal TO the amount Of cotton tax 60
! lected from the peoplesof lsuch Stat
} So aforesaid; provided, that whei
the amount ofkcOtton tax 90 paid by u