New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1878-01-30
CURRENT TOPICS AT THE CAPITAL.
A BILL TO RELIEVE DEPOSITORs.
WASHINGTON, Tuesday, Jan. 90. 1s7

WASHINGTON, Tuesday, Jan. 90. 1873.
The Senate Finance Committee heard an
argument from Controller Knox to-day regarding tho
tax on insolvent banks. Mr.. Knox recommends the
amendment OF the Davis and COckrel bills, so that the
bill VIII read ~ follows:
"Rc tepncf,d etc. that any tax due, claimed To be
due To the United states from any ank which mas ne
come shall become nsolvent, shall be abated ana an,
nullcd such insolvency. In the ease ~ banks orshnlcd
under state laws to be determined by the COmmlstOner
Of Internal Revenue and 10 the case OF national banks
such tax Dee abajed except in 80 far as the colcc
thereof would operate Ia lessen the sum reecivablc
Us and provided further. that no tax 'hali he
abated il shall operate 10 release shareholders from
date Of toe Insolvency OF the bank
A HUNDRED THOUSAND FOR TEXAS.
The House Committee on the Judiciary
voted unanimously to-day to report yorably the bill re-
turning To the State Of Texas the 100000 rem mig Of
the so-caled Texas Indemnity Fund This fund 1t may
be remembered Is the balance of Sl0ooo,O0o nppr,-
priated United etlcs Few yeag af'cr The annoy
alton OF Texas 10 pay tiut stale for all IL pubic lands
not included within it, present boundaries. THIS SIln
wa. retained IN tie Treasury OF the United states 10 be-
auuned tho LIQUIDATION Of the pubic debt o. Texas.
I,ry Vars and the Ecrrcscnt,iiyes of tie state have
long been urging Congress to pay tie balance 10 tc
State authorities Inc Ou Will pouh"y pass tue
4 FRrF TARM AND $500 TO WORK IT.
Representative Hcndrick i. Wrights Home
stead Bl proposing not ouly to give o. working mon
farm. on the public lands but also to lend them 500
a!cco for its improvement has been discussed by the
House Committee PubLc Lands, and Nr. wright him
self spoke for an hour ia utAI OF re b!I duiHE lhc
meeting Of last Saturday IL j. safe to say that
majority of the committee do not favor this MEASURE
bu il Is possible that 10 VIII consent Ia favorable re-
port SIMPLY for The purpose ot giving hr. Wright an
opportunity to make 'cch uD0n % ~ ~" u@"ss o..
distribution the coal miners aud iaboFeIs VI blS
district.
HOMER CUIIED FOR TIE NAMES or MOONS.
Professor Hail. of the United States Obscr-
yatory the dscuyercr OF The two Satellites oi the planet
Mars has selected them the Nance of Dcimns' and
Pnohus" Drimus ioI the outer satellite and Phohui
for She inner The names are niion'd by Homer
In t. Vtl book 81 HAD. where AI- t-) "a lrctar
ing Ia dcscend 10 the earth The lssAs" pr 'n' uh.
lated lv BRYANT: " ffesuakr and summoned Fear 0Dr
glorious afnOg Oh. Ihri N'it siSa'-l'H 10y M h'u..i
Of Eaton England aud II II hop thcy VIII be accepted
~ astronomers. The Bureau pi Navigation oi TIE N"Yy
Department has approved Of the names.
CARPENTERS LARGE PICTURE ACCEPTED.
Both Houses of Congress have now passed
tho Joint resolution accepting picture y -. Carpen-
ter r-prc-cutlng tho signing Of the Proclamation Of
Emancipation. n The GIT o. Mrs. Elizabeth Thomp
son formerly ~ Boston. and now at New YORK. and wa'
p"se ar cost o SIS 900 Tho l2th Of February the time
fixed for it, formal rfc,nthi" 10 he ANNIVERSARY OF
tLc blrt hday OF Abraham Lincoln.
INTEREST PAID 70 BANKS
The Secretary Of the Treasury to-day, in an
scr 10 r. solution ~ the House. sent communication
TO that body showing the amount Of interest paid IN coin
and currency 20 National banks from bonds 'ed by The
Treasurer for the security and rcd"mpuou OF The cur
r,ocy issues ~ -aid banks from 1868 to January 1873
Tho fccawtuatiou shows the com Interest Iad IL Do
S2l4 97S271 II: currency interest. $s,559,@S5 80;
total so. s37 500 y.
A REPORT FAVORABLE TO Mr.. lIiLLIARD
The Senate Committee on Foreign Relations
reported ayorably today the nomination of Mr.. illid
TO be Minister Brazil with this report there is little
doubt OF his confirmation