The New Orleans Democrat. (New Orleans, La.) 1875-1876, 1876-02-26
rROCEEnuNGs Or CONGRESS-.
WASHINGTON, Feb. 25, 1876.
senate.

rROCEEnuNGs Or CONGRESS.
WASHINGTON, Feb. Is, 1876. q
i" senate.
The House resolution giving tho
widow 81 Henry Nash. OF Rhode Island,
medal made Tor him by order Of Con
gross was. on motion or Mr.. Anthony,
taten up and passed.
Mr.. Conk!ing presented joint resolu-
tions OF the New York Legislature
against the granting Of subsidies 10 the
Texas Pacific Railroad or any other
railroad corporation. Referred.
Mr.. Sherman called up tho bill In
creasing the amount Of Al per cent
n thirty year instead Of fifteen .yenr
bond. He explained the views Of the
Secretary OF the Treasury us to tho ne
measure and his belief that they could
be Immediately put upon the market
and the same number OF six per cents
withdrawn.
Mr. Edmunds said he regretted TO hear
the Senator from Ohio admit that tho
sinking fund could be disturbed or inter
fcrcd with In any manner. He regarded
fund Just a. sacred az the obligation TO
pay the interest on the debt.
Mr.. Mcdonald moved an amendment
providing that the Al per cents shall not
exceed $500, 900 600. Lost.
Mr.. Thurman advocated McDonald's
amendment. He thought that by the
time $500, 900 900 OF the Al per cents were
disposed Of, we would have no trouble in
disposing Of dur per cents.
The amendment Of Mr.. Mcdonald
making the four and halt per cents
a 1ttt ri tntin m
amount TO $3OO, 900 900, was lost by u
vote 81 IA to AZ. The bill then passed. by
n vote OF 81 to 5. Cockrell, Eaton, Nc
Creery. Mcdonald and Robertson voted
In the negative.
appropriation bill. The first amend
ment reported by tho Committee on
Appropriations WAS for additional pay
OF Professors for length Of service. $6SoO,
which MFR. Allison stated was longevity
Mr. Logan alluded to the action Of
the House In cutting down tho appro-
printion and said men who started out
on the economy dodge, generally com
menced cutting down things which they
Mr.. SnulsbTry spoke OF the burden OF
the people by taxation, and said these
professors received ample pay for tho
services rendered by them.
Mr.. West said the salary and emolu.
ments Of the professors at West Point
was fixed the same as colonels and
lieItenants In the army. II the power
was possessed In IN appropriation bill
to reduce their pay, then the pay OF
army officers must also be reduced.
Mr.. Morey took the Same view.
Pending the discussion the Senate
went into executive session and then
adjourned till Monday.
Mr.. Buckner, Of Maine, called up the
report of the Committee Of Conference
In relation to the payment Of Interest
on the 3,65 bonds OF the District OF
Columbia md moved It's adoption.
Mr.. Holman. of Indiana, inquired
what had been done In relation to the
bonds which were alleged to have been
issued fra,idulently.
Mr.. Buckner said that that question
had not been considered because the
bill did not. In u single particular, com
nit the Government TO tho payment Of
these bonds. All that the bill did WAS
to declare that that district should use
it's own money to pay the interest on
Mr. Hereford said the discussion Of
this question commenced on January
"a and It was understood that no more
bonds should be Issued from that date,
and he understood that the Board OF
Audit was still issuing the bonds.
Mr. Buckner explained the operation
of issuing the bonds and said none had
been issued since January. ~, except
upon claims previously owed,
MI. Hereford said that, II that was SO,
why did the conference committee re.
fuse to insert the clause in the original
bill discountenancing the Board OF Audit
and declaring that no bonds Issued sub
sequent to January Is shall be paid.
Mr.. Buckner said IL was because they
were not willing to discredit any Of the
bonds and send them out with stain.
Mr.. Clymer, OF Pennsylvania, said
that he understood that the bonds had
been fraudulently issued since Jan. n.
Mr.. Buckner replied that the gentle
man did not distinguish between the
issue OF certificates by the Sinking Fund
Commissioners and by the Board OF
Audit. n.
Mr.. Clymer said 1t was asserted In the
Senate the other day, and the state
ment was uncontradicted: that the
Board OF Audit had, since Jan. 25, is
sued one and half million of bonds.
He quoted from Senator Bayard's speech
to that effect.
Mr.. Buckner said the Senator, like
some others, knew nothing about it.
MIR. Holman contended that the Gov
ernment was committed to payment or
fraudulent bonds by this bill, and he
wanted . postponement until 1t could
be ascertained how many OF these bonds
were fraudulentiy issued, 50 that their
Mr. Buckner said the investigation
now in progress might not close until
the end OF the session. Complaint was
made that the committee had not do
ciared that bonds issued after January
al should be paid. but these bonds were
In the hands af innocent holders and It
would not do to put stain upon them
Mr. Clymer argued. that the dis
cussion in the House on January II was