The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1878-03-07
CONGRESSIONAL.
General Garfield Replies to Kelley.
He Warns The Old Gentlemen Up
on His Record.
A Ringing Speech on Honesty in
the Finances.
The Long Bond Bill Passes the
Senate.
CONGRESSIONAL.
Full Text Of the Bill.
SENATE.
WAsHIsoros, March [

SENATE.
WAsHIsGToE, March Q.
Mr.. ChafIee, from the Committee or
Public Lands, reported substitute for
Senate bill authorizing the citizens ot
Colorado, Nevada and the Territories "a
fell and remove timber on the public
domain for mining and domestic pur.
poses. Placed on the calendar.
Mr.. Plumb, from the Committee on
Public Lands, reported with amendment
Senate bill defining the manner in which
certain land scrip may be assigned and
located or applied by actual settlers, and
providing for the issue Of patents in the
name OF the locator or his legal represen.
tatiyes. Placed on the calendar.
The Long Bond bill came up "a the reg.
ular business, and after long debate
the bill was amended and passed without
roll call. The following Is the full text
OF the bill as passed
BE il enacted BY the Senate and House Of
Representatives Of the United States cf
America in Congress assembled, That in lieu
Of that amount OF 4 per cent bonds OF
the United States authorized 10 be issued
by the act Of July 14lh, 1870, the Secte.
tary Of the Treasury is hereby authorized
and directed to issue sum not exceeding
Sl00, 0,O00, 900 in coupon bonds OF the
United States OF the denominations OF
S25, $50 and 500, and OF equal sums Of
each, said denominations redeemable in
coin fifty years from the date Of their
issue and bearing interest, payable semi
annually, at the rate Of 4 per cent per an
nun, and said bonds shall be exempt
from taxation in like manner as those in
place OF which they are to be issued.
SEC. 9. That said coupon bonds shall
be made payable to order OF the person
who Rhall pay the money therefor, and
the name Of such person, or his or her
assignee, or any subsequent assignee, and
his or her residence shall be registered as
owner Of such bond 10 like manner as II
the same was a registered bond, and such
coupon bonds shall he transferable only
by an assignment duly acknowledged be-
fore and certified under the seal OF the
clerk OF the State court OF record, or Fed
eral court, or United States Commission.
er in which the assignment shall also
be executed In the presence Of two sub
scribing witneases, and such assignment
may also be made leaving the name OF
the assignee blank, and when so mSGe in
blank executed as hereinbeiore provided,
said coupon bond shall be transfer able
by delivery in like manner as II payable
to bearer. aG&1 "a
Sec. 8. That the coupons attached TO
said bonds shall be payable either iu
United States legal tender notes or in
coin at the option Of the United States
and the same shall be paid at any OF the
sub treasuries or monetary repositories
Of the United States. or at any National
bank, and il ia hereby made the duty Of
each Of said National banks 10 pay the
said coupons on presentation without
charge and remit the same to the Treas
ury for redemption, but the said Nation
al banks shall only be required to do so
upon the production Of a proper bond to
which the coupon presented shall have
been attached.
SIC. 4. That 1.-THE Secretary OF the
Treasury shall keep said bonds for sale
at the different sub treasures, National
banks aud money repositories Of the
United States, and shall dispose ot them
at par and the accrued interest for coin
or for United States legal tenders at their
nominal value, and such legal tender
notes shall be reissued and their proceeds
and the coin received for such bonds shall
be applied to the redemption Of the out.
standing bonds OF the United States which
are redeemable and bear the highest rate
OF interest on such bonds.
SIC 5. Tha, the provisions Of sections
1904 and 3705 Of the revised statutes Of
the United States authorizing the issue
OF another bond in room OF any register
ed bond lost or destroyed, are hereby
made applicable TO the bonds TO be issued
under this statute; but only in case Of loss
or destruction thereof, before the execu.
ton OF the assignment in the blank
thereof. The Secretary OF the Treasury Ia
authorized to make such rules and orders
as may be necessary TO carry out the pro-
visions OF this act.
On motion Of Mr.. Sargent, the joint
resolution recently submitted by him In
regard to Chinese immigration, was taken
up to be the unfinished business OF to.
morrow, when he will address the Senate
with regard thereto.
After an executive session the Senate
adjourned.
The House Committee on Public Lands
to-day agreed to report fayorably bill
which provides that notices Of contest
now provided by law under the home
stead, pre- emption and tree culture lava
OF the United States shall hereafter be
printed 10 some newspaper printed In the
county where the land IN contest lies, aud
II no newspaper be printed in such county
then In the newspapers printed In the
county nearest such land.
The House iortiication appropriation
bill, considered yesterday in Committee
OF the Whole, was passed.
Mr.. Gibson introduced bill for the re-
lief Of the families Of the men who per
ished on the U. s. dredge boat Mccall
lister. Referred.
The Speaker called the committees tor
reports.
Mr. franklin, from the Committee on
Public Buildings and Grounds, reported
bill for the erection Of public build
ing at Kansas City. Passed, yeas 1854
nays 72.
Mr. Young, from the same committee
reported back the bill appropriating
s25o,0Oo for a Gre proof building for q
National museum. Referred 10 the Com
mittee OF the Whole.
At the conclusion Of the morning hour
the Speaker laid before the House mes
sage from the President returning with
out approval the House bill authorizing
special term Of the Circuit Court Of The
United States for the Southern District
Of Mississippi, TO be held at Scranton OF
the second Monday in March. The mes
sage stated that there was not sufficient
time 10 give notice OF the holding Of the