The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1876-01-25

freight after the completion of the road
which is TO be done in six years, Tn,
Government is to receive an only mort
gage on the road and fixtures (excep
rolling stock) and Is to guarantee fv,
cent interest on $4,000 per mile on tn
forty-siI-year construction bonds
These bonds are not TO b,
issued till double the amount to b,
guaranteed to have been expended OIL
each section. The corporation is also K
mortgage to the government as trustet
its rolling stock at 5000 per mile, and
to issue thirty-four year equipment bonds
at 5 per cent. No bonds are to be sold
at less that IS per cent Fifteen thou
sand dollars per mile is to be obtained
on per cent interest bearing stock pay.
able in sixteen years, which stock is to be
received In payment of freight rates Of
not less than 1856, 900 per annum. The
equipment at the outset is to consist ol
S75 locomotives and 1880 cars. One
third of all the, work and material fur.
nished is to be paid for in this coupon
stock at par. 1t is estimated the road
cost $4,000 per mile of single track,
making its cost $l05, 900, of which the
United States is 10 guarantee interest on
s42, 600, 600 at s per cent.
By Mr.. Hurlbut-To provide for cheap
transportation Of freights between the
Atlantic and Ohio and Mississippi val
leys.
BY Mr.. Wilmington the improve.
ment of the Illinois river.
By Mr.. Wike-For repairs of levees
along the Mississippi river, in Illinois.
By Mr.. Morrison-Preparatory to the
rec temption of United States notes and
the resumption of specie payments.
The bill directs the Secretary of the
Treasury TO retain coin in the treasury
until it shall amount TO 80 per cent OF
the outstanding legal tender notes,
and IN the meantime it suspends
resumption bill until after the lst of Jan.
uary, 1879. 1t also requires the National
banks to retain the coin received on its
bonds deposited to secure circulation To
the amount of their legal reserve, and
such sum in addition thereto as with
legal reserves shall equal 80 per cent of
their circula.inn, which amounts Of 30
per cent the banks are TO retain as secu.
rity for the redemption in coin Of their
circulation. 1t also repcals the legal
tender provision from the time that the
banks have 80 per cent in coin OF their
circulation.
By Mr.. A. S. Williams, OF Michigan
A Constitutional amendment prohibit
ing Senators and Representatives from
soliciting appointments To or removals
from office, and providing for Civil Ser
vice Commission,
By Mr.. Wilson. of Iowa-A Consti-
tutional amendment providing that the
term of Representatives shall commence
on the lst of January instead of on the
4th of March.
By Mr.. Kimball-For harbor of
refuge at the entrance of Sturgeon Bay
and Lake Michigan ship canal.
By Mr.. Cox--To abolish Boards o.
Education.
BY Mr.. Scales-To reduce the tax on
tobacco aud whisky.
by Mr.. Hamilton of Indiana For
additional District and Circuit Courts in
Indiana.
BY Mr.. Hereford-To restore TO the
pension roles of pensioners of the war Of
1912, the names Of persons struck of for
disloyalty.
By Mr.. Faulkner-For the considera-
tion by tho Court Of Claims, of the claims
OF the southern citizens for quartermas-
ter's stores and supplies.
By Mr.. Crounse [of Nebraskal-
claring lands heretofore granted To cer-
tain railroad Companies subject TO State
taxation; also to reduce the passenger
rates-over the railroad bridge at Omaha.
By Mr.. Kiddcr-Granting lands for
the university of Dakota.
By Mr.. Jacobs-For the restoration to
the public domain lands in Washington
Territory granted to the Northern Pacific
railroad.
Mr.. Stone offered resolution instruct
ing the Postoffice Committee to inyesti
gate the straw bid system. Adopted
Mr.. Whitebouse offered q resolution
calling on the Secretary Of the Tresstry
for information As 10 the fund arising
from the proceeds Of captured or abandon
ed property. The House refused 10 sus-
pend the rules and the resolution was not
adopted.
Mr.. Willard offered q resolution in
structing the Committee on Civil Service
Reform to inquire what legislation ID
necessary to prevent the solicitation OF
appointments 10 Office and removals
therefrom by Senators and Representa-
tives.
Mr.. Kelley offered the following. which
was adopted:
Resolrcd, That the Secretary Of the
Treasury be directed 10 report 10 thil
House what amount of specie was in the
treasury on the 3ist of December, 1875
designating the amount Of gold and siI.
yer respectively, and also the amount oi
silver purchased under the pro
visions OF an act approved January 14th,
1875, entitled; "An act 10 provide for
resumption Of specie payments stating
the da,e Of several purchases and the
price paid for each ana what amount And
what was the amount Of the cost Of an
of such purchases Of silver has been
paid for from the surplus Of the revenue
IN the Treasury, not otherwise sppro.
priated, and what amount Of Ave per
cent bonds, bearing gold interest have
been sold or disposed Of for the purpose oi
providing means for payment fr said
silver, the date Of each issue OF said
bonds respectively; the amount OF In
terest that has been paid thereon
and the amount that will have accrued
but rsmsin unpaid on the day preceding
the date Of the report made In response
70 this resolution.
Mr.. Morrison, from the Committee on
Ways and Means, reported . resolution
directing that the papers laid before the
House, and the testimony taken before
the Committee ON Ways and Means dur
ing last Congress In regard 10 the Pacific
NJ all Subsidy, be taken from the Speaker
table and referred 10 the judiciary Com
mittee, with instructions 10 inquire whsi
action should be taken by the House ia
reference TO persons. now members o
A. u<s,sa uho ara chaP0ed With com