The Bolivar bulletin. [volume] (Bolivar, Hardeman County, Tenn.) 1865-1888, 1876-01-20
CONGRESSIONAL.


In the Senate on the 9Th, a communi-
cation was received from the Secretary of War
in regard to the amounts appropriated for
the improvement of the mouth of the Missis-
sippi, which was ordered printed. The citi-
zens of New York petitioned, through Sena-
tor COnkling, that the constitution of the
United States be so amended as to prohibit
the appropriation of money for the benefit
of any religious sect which was referred.
Senator Mortons State's-rights resolution
came up, but was laid over; as was also his
resolution to investigate the Mississippi cleo
tions-the latter till Monday. Senator Bout
wei gave notice that Thursday, next
week, he would submit to the Senate resOlH-
tions relating TO the service and public char
acter of the late Niee-President Wilson.
Senator Dorsey submitted a resolution d-
reeting the Committee on TRANSPORTATION
Routes to the SeabOard to inquire and re
port whether the interests of the General
Government do not demand thata com plete
photographed survey be made Of that p0r-
ton of Arkansas river between Fort Smith,
Arkansas, and Pueblo, Colorado, to deter
mine whether that portion of said river
is now or can be made navigable by the re-
mOval of any obstruction that may be in ex-
stence Referred. He also submitted
resolution instrueting the Committee on
Transportation Routes to inquire as to the
feasibility of improving the navigation of
White river by removing the obstructiOnsEat
Buffalo Shoals, and further, as to the prac-
ticability of deepening the channel and re-
moving such other Obstructions as may exist
in said river so as to open it for navigation
bv light draft steamers from Newport Ark
TO Forsyth, Mo. Agreed to. b1r. Conkling
introduced bill to amend the act
for creating national currency secured
by pledge of United States bonds and
to provide for circulation and redemption
thereof, approved June 3, 1867. Referred to
Finance Committee. 1t is copy of the bill
of same title reported from the Senate Fl
nance Committee April "A, 1867, relating to
national banks in liquidation, and proceed
ing to enforce individual liability of stock
holders. The following is a fun text of the
bill introduced to-day by Senator Morrill,, of
Vermont, to provide for the redemption Of
legal tender United States notes in accord
auee with the existing law: Be it enacted,
etc, That to further enable the Sec
retary Of the Treasury TO provide for
the redemption 70 tbs legal tender United
States notes in accordance with the existing
laws, be is authorized 70 issue, sell or dis
pose Of at not less than par in legal tender
United states notes, either of the descriptions
of bonds OF the United STATES, bearing in
terest at the rate not exceeding ~ per cent.
per anDum, described IN an act OF Congress,
approved July IA, 1870, entitled " An act to
authorize the refUnding of the national
debt, with like quantities and privileges
and exemption to the extent necessary to
carry into full effect the act of Congress, ap-
proved January IL, 1879, entitled " An act
for the resumption Of specie payments" +" and
to use the pr0eeeds thereof for the purposes
aforesaid; and the said legal tender notes so
obtained upon the issue Of said bonds shall
be held and considered as . pari of the final
redemption of such notes provided for in
act Of Congress herein last mentioned, and
shall be treated accordingly, and cancelled,
provided that the principal of the bonds
herein authorized may be made redeemabie
at any time not less than 50, nor exceed
ing 90 years from date of issue. 2. That
all contracts entered into or made after
the 1st day January, 1873, shall be pay
able In accordance with the legal standard Of
gold and silver, unless otherwise provided
for at the time of the contract. 3. That
al national banking associations shall
be, and are hereby requested to hold
in coin as part Of their lawful money re-
serve On hand after the 1st day Of January,
1877, One-fourth, after the first day OF Janu-
ary, 1878, one-half, and after the 1st day of
October, 1878, three-fourths. Adjourned.
In the Senate on the 6th Mr.. Sherman
presented 500 petitions, signed by ., SEQ per
sons, praying for the abolition of the bank
check stamp tax. Referred Senator Dor
sey introduced 3 bill authorizing the sale and
disposal OF the Hot Springs reservation IN
Arkansas, and for other purposes. The com