Evening star., 1877-11-24
The Resumption Repeal Bill.
ITS PROVISIONS IN FCL


The resumption repeal bill which passed
The House of Representatives last even
ing, is entitled "A bill to repeal all that
TART OF the act approved January IA, 1873,
kEown as the resumption act, which author
lied the Secretary OF the Treasury 10 dispose
OF United States bonds and redeem ad can
Gel the greenbsck currency" Ii provides
That all that portion OF the act approved
January IA, lS'5, entitled IAN act to provide
for the resumption OF specie payments"
which reads as follows, to wit: Aud when
ever SO often as circulating notes shall be
issued TO any such banking association so
increasing its capital or circulating notes, or
SO newly organized as aforesaid, IL shall be
Ine outy ol the Secretary OF the Treasury 10
redet m The legal tender United States notes
In excess only ofthe 1900 eco 0p0 to the ambuat
OF 50 percentum of the sum of national bank
notes so issued to any such banking assOcis-
ton as Aforesaid, and TO continue such re-
demption as such circulating notes are
issued until there shall be Outstanding the
sum OF s30o,Oo000o of such legal-tender
United States notes, and no more And on
and after The first day of January Auno
Domini 1879 the Secretary OF the Treasury
shall redeem ia coin the United states legal
tender notes then outstanding on their pre-
sentation for redemption at the office of the
assistant treasurer of the United States in
city OF New York, in sums of not less thau
$50; and TO enable the Secretary of the Treas
ury TO prepare and provide for the reiemp-
tion In this act authorized or required, he is
authorlZed 10 use any surplus revenues from
tIIhe W Iiuie III TIE treasury not otherwise
appropriated, and to issue, sell aud dispose
Of al not less than par, in coin, either of the
descriptions OF bonds of the United States
described in the act OF Congress, approved
July IA, 1870, entitled an act TO authorize
The refundlng OF the the national debt with
like qualities, privileges and exemptions TO
the extent necessary TO carry this act inso
full effect, and 10 use the proceeds thereof for
the purposes Aforesaid, be aud the sam Is
hereby repealed"
AN ANALYSIS OF THE VOTE
shows that 2S republicans with las democrats
secured the passage OF the bill, while 81
democrats voted with 30 republicans against
III. VI The democrats who voted for the bill,
oWere from Alabama; from Arkansas; I
each from connecticut. Flori IA, South Caro-
Ilna and Wisconsin; from Georgia; from
ILLINOIS; nom Indiana; 10 from Kentucky:
from Louisiana; from Maryland; fro n
Mississippi; from Missouri; each from
North Carolina, Ohio, Pennsylvania and
Tennessee from Texas from Virginia:
from West Virginia OF the repu bli ic ans who
voted for the bill, were from Illinois;
from Indiana; from Iowa; ; from Kansas;
rom North Carolina; 3 from OHIO. . from
Pennsylvania, and from Wisconsin.
The negative vote is made up of demo-
cratic votes as follows each from Cali
fOrnia. Illinois, Louisiana, Maryiani, Mas
Sachuseits, Michigan, New HAMPSHIRE
Pennsy lvania, Tennessee and Texas; from
Connecticut; from Missouri; from New
jersey; II from New York. Tue republican
vote against the bill shows from California:
each from Connecticut, Florida, louisiana
Nebras ka, Nevada, Oregon, Tennessee aud
Virginia; from Illinois; from Iowa
from Maine; from MasSachusetts; from
NJ lchigan; from Minnesota; , from Mis-
souri,; from New Hampshire; from New
Jersey; Is from New York, from o lfo; 2
from Pennsy lvania; from Rhode Islani;
from South Carolina; from Vermont,
from Wisconsin.