The New York herald., 1878-12-04

in exchange for United States notes coin certif-
Gates of deposit of the denomination OF $40. any
multiple thereof not exceeding 500. bearing interest
at the rate OF 651o0 per cent per annum and con-
vertble any time within year into the per
cent bonds described in the Refunding act; and
money received shall be applied to the payment
Of the $50 bonds in the mode prescribed by said act;
and he is authorized to prescribe suitable rules and
regulations in conformity with this act.
Mr. BURNSIDE, lrep.l of r. l.. submitted resolu-
ton instructing the Committee Public Buildings
and Grounds to inquire into the expediency of direct
ing the Secretary OF the Treasury to purchase. by
condemnation or otherwise, tho land not belonging
to the United States upon which the old Custom
House stands in the city of Providence providing the
cost of the same does not exceed $4,000 Laid on
the table to be considered hereafter.
Mr.. PADDOCK. (rep) of Ncb.. submitted rcsolu-
ton nstructing the Committee Finance to inquire
into the expedency making the trade dollar legal
tender for all debts public and private providing for
the suspension OF the coinage OF the standard silver
dollar of l12k grains. the reconage Of the into
the trade dollar Of 40 grains and for such additional
coinage Of the trade dollar as the needs of the coun-
try may demand.
Mr. EpMrSDe, trep) Of VT think that had better
lie over. So ordered :
Mr. ARMSTRONG, DEM Of Mo-, introduced bin to
amend the River and Harbor Appropriations bLf ap
proved March .. 1875 regard to the payments to
Captain Eas Laid on the table to be referred TO the
Committee on Transportation Routes when appointed.
SILVER PAYMENTS.
Mr. BECK. dem Of KY. submitted the following
sEsS rs the the and a..
nomination Of silver coin has been received in payment Of
year. and whether not hs has applied the silver coin
% 10 in IL. ses " m sr to s hs O.
has not been applied TO state tho reason why u
spsa SO .as Sas
nc @ be so e !" ae S
United States since the current fiscal year began and the
speetivey.
Mr.. EpMrSps-I should like to, have that amended
coin has been used We may know If there was sub
sdiary coin paid.
Mr.. BECK said he would not object to such amend
ment and as thus amended the resolution
agreed to.
STANDING COMMITTEES
On motion of Mr.. ANTHONY it was ordered that the
Senate proceed to the election Of the standing
mittces.
Mr.. ANTHONY then submitted a resolution that the
standing and other committees of the Senate existing
at the close Of the last session be and the
hereby revived and continued. Agreed to unani-
mousiy.
IT then ordered that all bills. petitions &c..
heretofore presented be taken from the table and
ferred TO the proper committees.
MI SAUNDERS, trGp) OF Neb., called up the resolu-
ton submitted by him yesterday to PRINT the testi
mony taken by the Committee to inquire into the
Feasibility of transferring the Indian Bureau from the
Interior to the War Department. Agreed to.
THE TEXAS PACIFIC RAILROAD.
:. Inc morning business having been concluded, Mr.
MATTHEW'S lrrp) OF Ohio, called up the Senate bill in
the calendar from the last session, known the
Texas Pacific Railroad bill and said he did for the
purpose of discussing it, He then spoke length in
favor Of the bill and said at the proper time he would
submit certain amendments for the purpose Of
making the bill conform to similar bill
now pending in the House. These amendments did
not however affect the general substance Of the bill
Congress had already determined by deliberate acts
OF legislation that national interests required the
construction of additional transcoDtncnta rail-
road on or near tho thirty-second parallel He then
as the acts Of Congrcas in regard to the Union and
Central Pacific roads and argued that the government
would merely guarantee the payment of interest on
bonds OF the Texas Pacific road to the extent of
nearly $4,000. 900 per snnum.
THE GOVERNMENT INDEMNITY.
1t was manifest that the indemnity to the govern
lncnt was perfect Ultimate loss by the government
was rendered impossible unless ii should turn out
that after the completion OF the road it would not he
worth the accrued interest, but s,lch suppostion
was not to be entertained. He did not beiiove tho
government Of the United States would be called upon
to make any advances out Of It's Treasury. Inc
Texas and Pacific road skiring as II would the south
ern boundary Of the United States. would form base
line from which lateral lines would radate attracting
q new and profitable trade, and soon market would
be found for the products OF the United States in
Mexico. The general nhuence OF such trade
our national interests with Mexico would be power
full. The construction Of the Texas and Pacific
road would open by legitimate means the North
crn States Of Mexico TO industrial colonies
COST OF GovEaSAEyr TRANSPORTATION.
he quoted Mt length as TO expenses incurred by the
government in transporting troops and supplies
ton of the Texas Pacific road would result in saving
to the government of more than S2000,Oo0 per an
~ not Ialr nor just the present. measure
dispose of it upon the summary objection that it
was subsidy. He argued that the cost of operating
the Texas Pacific road would be less than that Of
operating the Union or Central Pacific road.
The Texas Pacific would be line free
from obstr,Ictions by at any scasoli.
He then spoke of the constitutional power Of Con-
gress to regulate commerce. and said the Texas Pacific
bill should be passed matter Of Justice to the
to all and demanded oSedcnce alike from % 9e
believed that if the bill should become law its be-
nefcent influence would be felt, not in the south
alone but throughout the whole country.
At tho conclusion of Mr. Matthew'S remarks, the
bill resumed its place upon the calendar.
MIR. CoSovER, (rep) Of Fla, submitted the fellow
ing
Resolved, That committee Of three Senator's to be ap-
pointed by tho Chair be directed to investigate report
sundy .s' c
al he ssson Of nc mgr was o%ss IN G
enrolled whether Senator Conover had any connection
n nns
and what essmsny was taken on e.. ny.
tgato n we'll as the testimony to 30 taken by tho said
persons and papers.
Agreed to.
Mr.. BArARp. (dem. of Del. by request Of the Dis
trict Bar Association, introduced bill to amend the
law with respect to wills, to regulate the transaction
Of probate busiess in the Supreme Court Of the Dis
to the District Committee.
Mr.. ROLLINS trcpl Of n. H. from the Committee
on the District of Columbia. reported back the plan
Of tinsavus A. Karvicse for the improvement Of the
sewerage OF the District and moved that IL be printed
and rccommit,ed. So ordered.
Mr.. DORSEY. trep) OF Ark. introduced bill 70 in
corporate the Mount Pleasant and Potomac Side Rail-
way Company. Referred to the District Committee.
The Senate then, at half past one on motion of Mr.
Morrill, went into executive session, and when the
doors rcopcned adjourned until twelve O'Clock
tomorrow. TX &fsf
Messrs. White. of Maryland; Merrirnon, Of North
Carolina Gordon. of Georgia. and Plumb OF Kansas,
who were absent yesterday, attended to-day.
HOUSE OF REPRESENTATIVES,.
Mr.. PATTERSON, rep.) of N. Y. rising to question
of privilege, said that he had been represented ss
absent lodging the vote on tho 21st OF June
last, when resolution in relation to war claims was
voted on. lie had neither been absent nor dodging
on that occasion, but had voted in the negative.
The sprAxERAn f,irtherance 6f the statement rc-
marked that he knew Of no member who had been
ahscnt fewer dava uf anyl than the gentleman from