The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1880-12-15
HOUSE.

Il
Washington City postofhce certain bags o
mail matter which though containing un
irankable matter, was attempted to be SEN
through the mails under frank, and call
ing on the Postmaster General for iutor
nation as to the detention OF such mai
matter. He also reported an amendment
calling on the same officer for information
as to the abuse OF the frank by members oi
Congress or the loan OF the frank to any
perEon.
Mr.. Singleton, Of Illinois, opposed the
resolution, which was adopted, togeth.
er with the amendment.
Mr.. Morton introduced bill to incor.
porate the Maritime Canal Company, oil
Nicargus, and II was referred TO the Com.
mittee on Commerce. It names as the
incorporators U. s. Grant, E. D. Morgan,
II. ]. Jewett, W. ]. Garrison, Howard
Potter, Fred Billings, G. W. Riggs, Solon
Humphreys, Fredrick Buttertield, Ut.
Delrance, E. F. Beale and Wm. Dennison,
and provides that the capital stock shall
consist OF not less than 10000 nor more
than ! 1000, 600 shares, Of Sl00 each.
Mr.. Young, Of Ohio, introduced bill to
encourage American sesmen and to
provide home for the permanently dis.
abled sailors. Referred.
Mr.. BCknell then called up the elec.
toral count resolution and demanded the
previous question, and the Republicans
refusing to vote the House was left with.
out quorum. The roll call was ordered,
and at its conclusion Mr.. Bicknell said it
was evident that his friends on the other
side were no better minded since the de-
bate than they had been before under ex:
isting circumstances. He should not preas
any further the consideration OF the reso.
luton at this time. He gave notice, how.
ever, that he would bring it forward in
January as soon IS he would find l47 mem.
bers on his side OF the House. The House
on motion OF Fernando Wood then went
into Committee OF Whole on the fund.
ing bill, the vote standing 1856 ayes to 90
noes, the West Virginia delegation voting
in the negative.
Mr.. Wood stated that the Committee on
Ways and Means had agreed to report an
amendment placing the rate OF interest to
be paid on tho bonds authorized to be
Issued by the bill at Sper cent. There were
also some technical amendments which
would be offered.
MessrS. Kelly and Buckner offered as a
substitute for the pending bill the bills
which have already been published.
Mr. Gillett offered as q substitute 0 bill
which he had offered last yer, authorizing
the Secretary oftheTreasury to set apartal
surplus coin and paper money which may
be in the Treasury from time to time as q
fund for the payment OF maturing bonds,
and Tor the purchase OF silver bullion
for minting purposes, and imposing an
ceeding fifteen hundred dollars per an.
mum.
Mr.. Mcmillan offered su amendment
providing that the bonds issued under
this act should be subject TO the same tax.
alton as other property.
All these amendments were ordered
printed.
Mr.. Warner took the floor. he believed
in the theory that the public debt should
be paid, not perpetuated, while the policy
Of the bill was mRniiestly to perpetuate
and not to pay the debt. BE entered into
an exhaustive aud elaborate statement Of
the present financial condition Of the
country, advocating particularly the sub.
stitution oil treasury notes for national
bank rotes. He also upheld the theory
that the bonds OF the United States were
payable in coin, that was in both gold
and silver. He cited the fact that the ma.
tions OF Europe were laboring under heavy
debts, and asked whether the United
States should not pay its debt rather than
follow the example of those nations and
entail 1t forever on posteritV.
Mr.. Chittenden thought that the Fund.
ing Bill was simple business matter. The
government owed about $600, 900 900 which
became payable nert.year. The rate oi
interest was now excessiVeI the credit oi
the government had improved more than
any body could have imagined. Congress
was now called upon TO say whether this
$500 Oh. 900 should remain unpaid, draw.
| ing 9 per cent and per cent interest, or
whether it should be honestly paid as
soon as il could be paid, and the govern.
ment COULD borrow money at 8 per cent
interest. That vas all there vas Of
Il. The question was whether or
not the United States should avail IL.
self OF its credit, which vas, thank
God, the hest credit in the gorld,
notwithstanding the silver craze. He did
not believe in limiting the Secretary Of
the Treasury to par for three per cent
bondG for such large amount Of money.
He felt conSinced the money could be
borrowed at three per cent, md be would
vote for. the bill under that belief. ne
replied to sey0ral portions Of Warmers
speech, and asserted that there was no In.
tslligent holder OF United States honda
who did NOT regard those bonds payable
in gold.
The committee then rose add the sub
ect was laid over for the present.
Mr.. Singleton, from the Committee on
Appropriations, reported the Consular and
Diplomatic appropriation bills, appropri
ating 81, 1870, ,4S5. Ordered printed and re,
committed.
Mr.. Forney, from the same committee
reported the Military Academy appropri
alton bill, appropriating SS92,lS5. Order
ed printed and recommitted.
Mr.. Dibrell, from the Committee on Nil
itary Affairs, reported back adversely the
resolution calling on the Secretary OF Wal
for an estimate OF the cost OF double
track steel railroad from New York tc
Council Bluffs. Laid on the table.
Adjourned.
Affecting D0yotion OF n sister.
CoLUNBUs, December pa sister o.
George 3. Emery, who was sent from Nor
| 1t. LIr.nr, narntv 50 Noyanhae 1879