The Leavenworth weekly times., 1877-11-22
ls.sSE.
W,sp,Se1ox nc Novambsr1I

WAsHISGIoN, II. G., November Ii.
Mr.. WRIGHT offered resolution III
structInS the committee on banking ant
currency 10 inquire into the propriety %
so amending the brnking Law as 10 riquire
in the election of directors, the principle o.
cumulative voting in state where such
laws may exist, and also as 10 the propriety
of amending said laws rs to the limited ef-
ticiency Of proxies oi two months. Referred
/ Mr.. TOJ JNSEND offered resolution IL
structins the Judiciary committee TO in
quire iu;n the facts Of the Imprisonment OF
Robert Smalls, u colorri member of the
House, oi South Carolina, and To report
whether such imprisonment is or Is not. y
violation al the constitutional privileges oi
the House
Mr.. Bl TIER offered, as substitute q
resolution giving the Judiciary committee
power to s,ni ior persons and papers in
making such investigation. Adopted.
| MIR. WOOD, chairman of the committee
on ways AID means. reported back the reso-
luton for the final adjournment of Con
gress on the 22nd inst, At six o'clock, in the
evening. He said he wonld not call for It's
present action, but would call it up in day
OF two. The House then resumed consid
eiatioi VI th' 'ii ioi tiS ieFSdi va tlIS ne
sumption Act.
WASHINGTON, November II.
The following bills were introduced and
referred:
BY Mr.. HASKELL Providing for the
payment Of duties ON imports in gold silver
and legal tender notes
BY Mr.. SCHLEICiITER- for
cheap transfer between tide water on the
Atlantic and the Ohio and Mississippi val
leys.
BY Mr. SAPP- For the construction of a
railway from New York to Council Bluffs,
Iowa.
Mr.. COBB, from the committee on mill
cage, reported back, adversely, the bill al
lowing the members mileage Tor attendance
on extra sessions. Laid on the table.
The House then resumed the repeal OF
the resumption act and Mr.iiendee asked the
gentlemen who had charge Of the bill when
the previous question was To be called up
pom it.
Mr.. BJCHNER said his colleague,
{ EWING was not present. and he could not
say when the debate would be closed.
The SPEAKER said that he understood
the debate would continue TODAY and to-
morrow, and that the gentleman who had
charge of the bill would take his hour on
after which the previous ques-
ton would be called
Mr. ALDRICH offered substitute re-
pealing so much of the resumption act !.
authorizes the Secretary of the Treasury To
redeem legal tender notes in excess of three |
hundred millions, and directing that no |
further reduction OF legal tender cur
rency shall be made, and authorizing the |
reissue OF such legal tender notes as NAV |
be redeemed in coin after January, 1879.
Mr.. STENlR offered a substitute simply |
repeating the resumption date clause in |
the third section of the act.
Mr.. CLARK, of Iowa, offered n substitute |
the thiri section of the Resump- |
ton Act so as to repeal the law limiting |
the aggregate amount of national bank cir
culation, and to provide that as often As
bank notes are issued the Secretary shall /
redeem the notes IN excess of three hundred
and fifty millions 10 the amount
Of so per cent OF the bank notes so issued,
and to continue such redemption until the
limit OF $50 millions of legal tender notes
is reached also authorizing the accumula-
ton in the treasury Of 200 millions in coin,
as special fund to be used for the redemp-
lion OF legal tender notes, and then, after
public notice, authorizing the redemption
IF legal tenders, when presented for that
purpose.
The bill was then diicussed by Messrs
Eames, Hubbell, Kelley and Hanna, but
without action the House adjourned.