The Toledo chronicle. [volume] (Toledo, Tama County, Iowa) 1873-1924, 1878-01-31
General News Summary.


In the Senate, on the 22d, several
petitions were presented and referred. A bill
was reported from the Finance Committee to re.
init taxes on insolvent savings banks. A bill VA
introduced and referred to repeal that portion
Of the National Bank act which imposes q tax Of
10 per cent. upon the circulation of State bnnks
The statue of VIM. King. the first Governor Of
Maine. and which was contributed by that State
70 the National Statuary Hall. was accepted, and
dresses :. in the House. the Fcrtification Appro-
pration bill was reported and referred.
a resolution was adopted instructing the
the amount of gold and silver coin and bullion
owned by the United States, the amount of bonda
which had been sold by the Secretary of the
coin, bank notes and legal-tender held by bank
ing institutions, and such other facts will tend
70 inform the House when and by what method
lie welfare TO- resume specie payment. The Ben
ate joint resolution accepting from the State of
Maine statue of William King was passed.
A LARGE number of petitions were
presented in the Senate on the sd. Nh. Blaine
introduced bill providing for the coinage of .
silver dollar of 30 many grains as the Director of
the Mint shall from time to time prescribe, to be
II With gold coin 70
ceeding i've d0llan the debtor shall have the
right 70 tender. and the creditor to demand, one
ssf Ct as TSs %a sos Sin SIN. and IN
further debated M. Cockreil fn;shinC b;s 70.
marks in its favor, and Mr.. Randolph speaking
duced-relieving bank deposits from the internal
revenue tax. The Senate resolutions in honor
of the late Senator Bogy were presented, and
eulOgies were pronounced, after which the resO-
buttons were adopted.
AFTER the transaction of some unim-
portant business in the Senate, ON the 9th, the
Eeeoiu..on ., WI: mat.news 70 pay tne interest
again taken up and debated. M. Lamar making
lengthy speech in opposition thereto. M.
Conkiing favored and MI Thurman opposed an
stead of a Concurrent one. a font resolution re-
0uirine the sanction of the President a. well a.
both houses of Congress The bill amending
and the REGULATION of steam vessels vas cons;d'
cred in the House. and several smendments were
disposed of. "''e
In the Senate, on the 10Th, Mr.. Blaine
made an exclamation With raoora n Tho a;,var
Iii ,,trod,,aad -, ~, -. az oos =. ~ ~.
that he had purposely left the number of grains
in the dollar blank because he had not felt will
ing to vote for a dollar of 4l21a grains. He had
the number Of grains in the dollar TO be deter.
mined ~ the Director Of the Mint and the Score.
silver bullion per ounce he left to he ppnbi;cIv
liked as near the market value az possible, by
s@ch oihGers The bill was ordered to be printed.
rinht of tbe Gavey,mnnt ~ ,aan H. hc,,. ~ sie
.ver, was again taken up' and the amendment
making the resolution Joint. instead of
3 concurrent one was rejected--yeas. T:
NAYS, 39-after which Mr.. Edmunds' amend.
ment, providing for the PAYMENT of
bonds in gold or its equivalent, and declaring
chat any other payment, without the consent Of
The creditor, would be in violation Of the public
faith. and in derogation of the creditors rights,
was rejected, after considerable debate--yeas ii:
nays q. Other proposed amendments were
@itted by Mr.. Matthews was agreed o~4s to "a.
The preamble submitted by Mr.. Edmunds. on
the 18th. and that Of Mr.. morrill,, on the 18th.
we're rejected, after which the preamble Of Mr..
Matthews was adopted-42 to 20. The House Bill
% authorize the free coinage of the standard
liver dollar and to restore its legal-tender char
ncter then came up, but, without further discus
ZION. an adjournment was had to the 18th . In
NE House the bill revising the Steam boat laws wos
Further amended and passed-I73 to so. The bill
offending the time for the Withdrawal Of distilled
Rpirits in bond until July /. 1873 was considered
IN Committee of the Whole. and a spirited de-
bate ensned. A report was made from the Ju
1icary Committee on the subject of the arrest
md imprisonment of Congressman Smalls, of
bouth Carolina. to the effect that there was in
Inch arrest and imprist,n mcnt M breach .f the