The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-06-15
W ASHIN GTON.
The Ingalls, and Kellogg Cases Be-
fore the Senate Election
Committee.
The Kellogg-spoford Case closed-A
subcommittee to Come to
New Orleans. n

mittee on Privileges and Elections has I'M
ished an examination OF the witnesses In
Washington In the Spofford- Kellogg case,
and this morning decided that the rest OF the
investigation shall be conducted In New Or
leans by subcommittee. The committee
held long secret session this morning, at
the conclusion of which all the witnesses were
paid off and discharged. The committee will
ask the Senate for permission to send sub
committee to New Orleans during vacation.
The committee this afternoon briefly dis
cussed the question of opening the investiga-
ton Of the charges pending against Mr.. In
gals, who Is said to nave bribed certain Kan.
sas LEGISLATORS TO elect him to the Senate, put
gress is not yet positively settled, the com
mittee postponed action till next Tuesday,
when they will dispose OF the matter, one
way or other.
THE ARMY BILL. 55a :
The only changes of interest In the army
bill reported to-day to the Senate are as fol-
the military academy to receive $3.50 and
mileage home, instead OF an appointment In
the army, and making them eligible to APP
pointment in the event OF war, is stricken
| 1151 Of the Revised Statutes, which relates to
the engineer corps, be repealed. The pro-
vision referred to says that no promotion
shafl be made to I'LL any vacancy In the
said CORDS above the rank OF Colonel.
BANK RESERVES. z
The bill reported from the Committee or
Banking and Currency to-day by Mr.. Buck
ner was substitute for the bill requiring the
reserves OF the National Banking Association
to be kept In standard gold and silver coins
Of the United States. It enacts that every
national banking association IN either q tht
natl, Chicago, cleveland, Detroit, Louisville
| milwaukee,, New Orleans, New York, Phla
delphia, Pittsburg, st. Louis, San francisco
and Washington shall, at all times, have OF
R aaa In tr aTtsl money q which IF the shall INIT,
or coin certificates OF the United States
an amount equal to at least rs per cent o
the aggregate amount Of its notes In clrcula
shall have on hand, in lawful money Of tn
United States, three ffths Of which shall be
In standard silver coin OF the United States
an amount equal to at least Is per cent OF the
aggregate amount OF Its notes In circulation
and OF Its deposits.
Whenever the lawful money of an associa
ton In any of the cities named shall be below
the amount OF 25 per cent OF Its circulation
and deposits, and whenever the lawful none.
OF any other association shall be below 15 pc
. cent Of It's circulation and deposits, such asso
citation shall not increase Its liabilities b,
making any new loans or discounts otherwts
than by diseounting or purchasing bills 9
exchange payable at sight, nor make any div
dend out OF It's profits until the required pre-
position between the aggregate amount Of Il
outstanding notes OF circulation and deposit
and the lawful money OF the United States b
the proportion required as to coin has bee
restored, and the Controller OF Currency ma,
notify any association, whose lawful reserv
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