The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-01-25

w VT. Hurlbut tRcp Ill To provide for the
cheap transportation OF freight the At antic
and Onto and Mls.ssippi Valley. It provides fdr
operators OF We the ne ss wo SsT pe Arc Te
su,Ct'on i3r AZ, ne stock IN trust for the United
man ee tNi,n two directors of their own snlectinj e
strictly spcaking Government roaI. Tue stock Ger.
Incatcs ar TO he used for construction expenses,
are TO be received IN payment OF freight after the
peton OF the 10 d. winch IL To he zone IN years.
to suar ntec I'VE p"r in,ero,N an "na -
bonds These bonds are not to issue untl double The
each ctlon The CONTINUATION is also TO morteggs 10
eer ws npd W ons ms rong ,ork ~ f~o
at i've per cent No bonds arc 10 b. sold al tss Than
aihcd I'VE rer cent interest bearing stccs ysbic
Of s T aSe TSs Of not sI e lee Ssn y oc
per annu Tue equipment AZ the outset Is TO consist
e wors doas and the materials furnish, 4 he S pa "a
O III, cSs cs R1s Of single S TsS maj s
Il cost si36 ooooo u when the United States is to
guarantee the Interest on t42O1otN at ve per cent
RESUMPTION OF SPECIE PAYMENTS.
BY NJ MORRISON Dcm- lill-Prcpar tory to the re.
armpt'on Of un'cq state, notes ana he fcsumpon of
a 5y 10 retain 'olg IL sc Treasury npt 4 shall amour,
AMI m mean Vi time e % .na sai ,enT, no,
aa,ll after ile ist Of January, is5e i, lso reaup,s
on LIS po, o, Stp,n.cd TO secure ctculton to the
thereto with the legal reserves snail equal 20 Der
cent of their circulation which amount OF so per cent
in Of Tier cregl 90, It a,o Eepes the legal
NFnNitlon from tule At the tnnke nave
Nv NJ A. = William. ,Iiep., Mlchl-A constitutional
r n,a so iT Hg snpV9c Is to or removals from
Hy Mr. vi son teS cons ,mcna
men, providing that the term Of Office Of Rcprcsenta.
ives sa begin on the list of January, instead Of the
By Mr. Irounsc tIscp NebJ- Dcciarns iands hereto.
Tor, granted TO certain railroad companies subject to
By Mr., Jagobs Nv. T)-For restoring to the public
domain and II weshngton Territory granted to the
ny Mr.. Stone dem, MoJ-A resolution iuslructng
the Post once Committee to nycst gate the straw bid
SPECIE IN THE TREASURY.
Mr.. Kelley lRep., PENN offered the following.
which was adopted
hss9S'a Tina, the s.c5ctsry OF the Trs"pry be
VS. !he treasury on Dec 81. 1873 dssgnatng the
amount Of syer purchased under the provisions OF the
act approved Jan H. 1870 entitled AZ act to provide
dte ef the several the price pd Tor each.
Of he BEEN psd for on u me uI SURPLUS pSr
s @ss % sSo & ps c bono.
interest sold or disposed of the purpose
date q ths several issue o. ,sia bond. re pcetvey
he mount hst IN nave aecfued mn remsIs unp.d
ON the day preceding the date Of the repor, made IN
Mr.. Morrison Dem Ill). from the Committee
| Of Ways and Means, reported "A resolution that
| the napers which were laid before the House.
Of " avs nd Me avs Of last Congress IN reg nd
To the Pacific Mail sussinv. he taken from the
SIc"htIN Aihi' anu IfltlFeu 10 ln' JUDICIARY
| Committee Win instructions TO inquire what
action should oe taken Toy the House with refer
vino arc charged with completely In he corrupt
use 81 money for that pun pose. or with giving
false testimony In relation thereto. Adopted,
| TIE INTEREST oN rnr 3G5 BoNps.
Mt l'"1kn.t ,p'n,'' M3,l, rom tne 1"i1m'ttfe
dire citing the Com missioners for the District to
u.',S.I 80 ~ M "r - e h,'S,, I'a,. T.
| due ON Fec. next, S-2,,", from any uncX-
| gress. or from any revenues derived from taxi
| u"h weed IVA, Az Ger meats heretofore
| lS-aeu tN 'hs h,'.i - .-Nun, n''l"Nll- 'h"sc
CONVEX ',d 'nt a." On n.i1s ana mo u ~ =" Co. IA
| Nett'u fii a'i'' l'nSAA'~ "'ic''''l '' nc 9-"cH
| uN tht p"hti ~ NIh't snail not exceed ia lhe
HsgreGsts SlSU1yV' r. ,,.. .......,
! Mt t"h AN 'fW. ~ sun that the amount
aiTeaH! l1S"yu W SI'.-'N " w. ana ne W ot'
| posed I" an 'ns tnHi AN 'unl l, re increased
VI. Holman dl'm.. Ini nl.y.i 60 amend by
.tI,hnhs out we nsuf. So ,'', anu lnsettlHS
IN" W"tu~ tutsuih NECESSARY 10 pay the same
AS,eru ~ To-. TO-, u,.. - v,,,.s.,-.., n. D,.,.
ner whether ms committee d cnns'dered the
question Mne'h'. the n"Nri"heh. "ts Ia. &c loi
at the me OF tho ,pssssre u the law
| MT. hu'kner t.p'leu W. me c"tnml-tee had
posed that the anonni. wnen the nil passed.
~ona ""t rNer"d S,''So'DVO tut 1t had gone i'r
heNnnu Una. a. 'int' ,.... 81. .
Mt h",1.n u, ,s'H 40 a'nrnH nv na,,"ne tne
a a ~ tns o,o n,,,lus - ,v, az" H..
extr,vaganca OF the Colnui.-inner,
| whether House
not in the passage ut tnis tili (Which authurizr~
| inGite,tlV the payuent Of inter II upun these
bonds ~ excess II the amount originally au-
thor zed) recognizing the obligation of the TOW
ernment to pay the principal and interest on
the bonds thus issued in excess.
| Mr.. Buckner replied That that question was
not necessarily involved IN this bill. and that.
| therefore. he did not intend to discuss II. II
WIS n serious question whether the q verninent
was not bound 10 nav the bonds ille.llv issued.
| This bill trovlccd that the interest should tie
paid out OF money In the United Stafes Treas
ury ana collected from tue revenues Of the dis
irict. - that II would he IN q e. compliance
win the requirements ~ the law. II was ~
that interest of law and justice that this bill
should he pa. sed 70 once. and thnt the tummi--
sioners should have HutnuritV-if they ala not
have 10 nnw-to Use money now in the Treasury
for The piytnsnt OF tins interest.
Mr.. Rama u said theY hid that power now,
End he was not willing Ia take any s'eU which
would increase the obligation OF the Govern
mrnt.
Mr. Holman moved to strike out the pruviso
limiting the an cunt OF 3.G5 bonds and Inserting
| IN leu OF IL the following pioviso: Ana any
As,rer u3. m. " So, ,,.
amendment. which was AR ed 10 ''''"'"s
Ana provided further that nothing herein contained
ansI n.y. n9v , ui we tnt.d Sts ID
bond ttat nave b III saed rarY to cr moi IN pur
'"sn'' " ''"