The daily Cairo bulletin. (Cairo, Ill.) 1878-1???, 1879-01-31
FROM SPRINGFIELD.
PROCEEDINGS OF THE GENERAL
ASSEMBLY.

SPRINGFIELD, ILL.,, January 29.-Mr.
Hamlton's scheme providing commission
to frame arevenue law is favorably regarded
by members of both houses. Whether
this favor Of the plan is occasioned BY the
fact that each of the 204 members of the
general assembly feels that he is certain of
being chosen as member of this fat CON-
mission, your correspondent will not under
take to say. The commission is to consist
OF thirteen membcrs-three from the senate,
five from the house and five chosen
by the governor, of citizens out
side the legislature, the selection of
the last five to be confirmed by the
senate. Choosing the five citizens outside
the assembly may also have the effect of
making the proposition very strong with
the people of the state for the same reason
that it is popular with the members, that is,
every prominent man in Illinois will con-
clude that he is peculiarly fitted for max
ing revenue law. The commission is to
sit in vacation, and when its labors are
completed the fact is to be reported to the
governor, who is to convene the general
assembly IN special session for the sole
purpose of considering md enacting this
work into arevenue law.
LIFE INSURANCE COMPANIES.
The senan judiciary committee have con-
sidered Mr.. McClelsn's bill in relation to
life insurance companies and will recon-
mend its passage. The bill provides that
no life insurance policy shall be forfeited
IN consequence of non-payment Of premi-
ums fora period of year after such failure
to pay. if there are dividends coming to the
insured, and that suicide of an insured
shall not he set up as defence by any in
surance company against the payment of a
policy. The same kind ola bill passed the
senate two years ago, but was defeated in
the house.
RATE OF INTEREST
The house judiciary committee on the
question of interest have agreed to leave
the legal rate If interest as now fixed by
law (G per cent but have reduced the con.
tract rate Of interest trcm 10 to s per cent
This committc, has also stricken out the
schedule clau'c" in the present exempt
ion laws Of thisstat
RAILROAD COMMISSIONERS.
The governor this morning reappointcd
the present railroad and warehouse com
missioncrs, sending to the senate the names
Of Mcssrs. Smith, Bogue and Obcrly for
confirmation, also Hon, John p. Reynolds,
Us ch'ef grain inspector. Confirmation by
the senate was asked. The above appoint.
mcn's were all promptly confirmed. There
was little friction as to the ralroad com.
m'ssloners, but not enough to amount to
anything.
THE STATE INSTITUTIONS.
The amount of money asked for the SUP.
port OF only live state institutions for the
next two years by bills introduced into the
senate this morning ioo,s up the snug sum
of Sloo0,0'5. And il was not GOOD
forenoon iorappropriO.ion bills, either
DEMOCRATIC CENTRAL COMMITTEE.
Hon. T. W. McNcely, chairman of the
Democratic tate central committees. was in
the city to.dty. and states that he has
received mary requests from leading Demo.
cras IN various parts Of the state as to the
calling OF Democratic conventions to nomi.
matt candidates for circui, Judges next year.
Some OF tlir$ arc in favor and Others oppos.
ed 10 tho ealing of such conventions. The
central committee will take no action on
the SUBJECT 'l't will insist that the Demo.
A M AAaA ..