Ottumwa weekly courier. (Ottumwa, Wapello County, Iowa) 1872-1899, 1876-02-16
TELEGRAPHIC.
CONGRESSIONAL.
First Session -44th Congress.
SENATE.

SENATE.
WASHINGTON. Feb. IA.
Clayton Introduces bill TO amend
the revised statutes in regard to the
imprisonment and transfer of U. S.
prisoners. Referred to the Judiciary
Committee together with his cores
pondcnce OH the subject with the AT
torncy General.
Ingalls, said the Senate had already
received information a. To- the raw
ages ofinsccts upon vegetation in the
| West during past years. The actual
loss from ravagcs of locusis, rhint2
bugs, army and cotton worms and the
Hcssian fly exceeded two hundred
millions, and from locusts alone the
amount exceeded fifty million dol
lars. In seven counties of Minnesota
nearly 10000 bushels of locustS were
destroyed at a cost of $4,000.
a bill to amend certains provisions
OF the revised statutes of the l.. S. re-
lating to the transportation OF ami
mails passed: yeas 30, nays "a.
The resolution for the admission OF
L. Il. :. Pinchback as Senator from
Louisiana was then taken up on mo
ton of Morton.
HOUSE.
Under call of States n number of
bills were introduced and referred.
BY Meade. to provide for the pay
mcnt of Z. S. notes and to strengthen
the public credit.
by jerks. to repeal the third section
OF the act of 1874. establishing a ma
tional bank redemption agency.
BY Evans, in relation to currency.
by Baker, of Indiana, to make
banking free, and repeal the resump-
ton act
BY Harrison. 10 repeal parts Of
the resumption Act and for tho pur-
poe" Of preparing n way for reanmp-
ton OF specie payment. II directs the
Secretary of the Treasury that when
ever national bank notes are with
drawn from circulation, to issue in
their stead an equal amount Of legal
tender L. $. notes. But he is moi 10
Issue them except when the aggregate
amount Of nnrcdeemed legal tender
notes of national bank notes in circu-
iAtiOn are less than the aggregate
amount of both classes of notes that
were in circulation on the l4th day OF
January, 1865. 1t also reanircs ma
tional banks TO retain, as part Of their
reserve, all the gold received by them
as interest on their bonds held by the
the u. S. rs security for their circula
ton, until the amount Of gold. retain
ed shall equal one third of their cir
culation, which gold, so retained,
shall be security for their circulation
and deposits. 1t also requires the
{! Secretary of the Treasury to retain
from the gold received for customs
duties sixteen million dollars annually
until the amount so retained shall be
4 equal TO one third the amount oflegal
tender notes al such time unrcdccm-
cd, which gold so retained shall be
taken from the sinking fund when
ever the amount Of gold retained in
the Treasury shall BIC equal TO one.
third of tho amount of nnrcdeemed
legal tenders, then the Secretary OF
the Treasury is to redeem legal ten
ders to the amount of twelve million
dollars annually, using for that pur-
pose gold received for customs duties,
which gold is to be taken from the
amount ordered sctapart for the sink.
ing fund. The bill was referred to
the Committee on Banking and Cur
rency.
BY Fort, for the preservation OF
forests on the public domain adjacent
the sources of nayigahlc rivers and