The Rock Island Argus. (Rock Island, Ill.) 1877-1885, 1879-12-18
Last Nights Dispatches.
WASHINGTON.

WASHINGTON.
WASHINGTON, ID. c., December II,
AT the meeting of the National Re-
publican Committee after recess the
claims were presented of several places
for holding the next Republican National
Convention. Mr.. Root. of Illinois, advo-
Gated Chicago. He said he represented in
this matter not only Chicago but the great
Northwest, of which Chicago is the great
railroad centre; that the city had better
hotel accommodations than any other city
suggested for the conventions: it would
give bed to everybody attending the con-
vention; it would supply one of the finest
halls in the country, the Exposition build
ing, rooted with glass, and its architect
was instructed to make any alterations
that might be suggested; the building was
on the lake shore; there was always a cool
breeze and no coal smoke; it was within
five minutes walk of the railroad depots
and hotels and would be placed under the
entire control of the Executive Committee
Rooms and accommodations would also be
furnished free to members of the Execuu
tive Committee at the Grand Pacific Hotel,
aud all the clerical force desired by the
committee would be supplied free of ex-
pense. Printing would be done free as
also the printing and binding of the Of
tclal report OF the proceedings of the con-
ventlon Anything else that the commit
tee might suggest would be furnished
laughter and he promised that the Chi
cago papers would deal fairly with everv-
body. 4 member-How about beer p
laughter The price of beer will not be
raised.
Mr.. Snowden. of the Chicago Times,
promised on the part of the press of that
city that the proceedings of the conven,
ton, II held there, would be reported bet.
ter than they ever had been before.
The claims OF Cincinnati were presented
by Richard Smith, of the Gazette Mr..
Mariindaie presented the claims of Indian
apo!is. and Mr.. Sackett put forth argu-
ments in favor of Saratoga A vote was
then taken and Chicago was selected as
follows: Chicago "a, Saratoga Il, Cincin-
natl ?, Indianapolis 2. The time for
holding the next convention was fixed for
Wednesday, June 3.
Another recess was taken until evening,
when resolutions in memory of the late
Senator Chandler were adopted, and the
committee then adjourned.
Following is the text Of Hon. Hiram
Prices bill adopted by the House commit
tee as substitute for Mr.. Buckner's;
BE it enacted, etc, that the national
bank act be and is hereby so amended as
to require every banking association 70
keep in gold or silver coin of the United
States one half of its reserve fluid now
required by law
SECTION ?. ANY banking association
failing to comply with the requirements Of
the first section Of this act shall not be
allowed 10 increase its liabilities by making
any new loans or discounts otherwise than
by discountiDg on purchasing bills of
exchange. payable at sight, nor make any
dividend of its profits until the required
proportion of coin has been restored, and
the comptroller of the currency may notify
any such association whose lawful money
reserve shall be below amount and proper
ton of coin as above required to be kept
on hand to make good such reserve, aud
If such association shall fail for thirty days
to make good its reserve of
lawful money in proportion aforesaid. the
may, with the concurrence
of the secretary Of the treasury, appoint
receiver to wind up the business of
the association, as provided in section
). 324.
SEC s. ALI acts and parts of acts in
Conflict with this act are hereby repealed.
The senate judiciary committee has
agreed to report tavorabiy the Domlnatlon
of congressman Sener. of Virginia, to
be Chief Justice of Wyoming
The Secretary of the Treasury informed
the Sergeant alarms of the House that he
can draw silver certificates instead of sill
Yer for twenty per cent. Of the salaries of
members if he preferred.
The House Committee on Commerce has
appointed a subcommittee to prepare a
silver and harbor bill, based on the War
Departments estimates.
Senator Eaton's bill, creating tariff
provides for nine members to
be selected from civil life by the President
and approved by the Senate, whose duties
are to Investigate all questions relating to
agriculture, manufacturing and mining
interests of the United States sosfar as
may be necessary to the establishment
of judicious tariff and report to Con-
gress.
Tue Treasury Department purchased
3I8, 900 ounces of silver bullion for the
mint at Philadelphia.
The Banking and Currency Committee
has decided to substitute Mr.. Prices bill
for Judge Buckner's bill, requiring one
half of the national bank reserve to be
kept in coin The bill will be reported
after the holiday recess.