The Eaton Democrat. (Eaton, Ohio) 1875-1903, 1881-01-20
HOUSE.

MIR. Poehler, from the Committee on Indian
Affairs, reported back the bill authorizing the
Secretary of the Interior to fulfill certain treaty
stipulations with the Chippewa Indians. In
Committee of the Whole on the Funding Bill,
Fernando Wood offered from the Committee on
Ways and Means, an amendment fixing the rate
of interest on bonds and notes to be issued
under the act at 8 per cent. instead of 81 per
cent. Mr.. Clafiin opposed this amendment.
and proposed another, leaving the rate of in
terest as originally fixed, but providing thatthe
bonds should be redeemable in five years and
payable in twenty years. Mr.. Warner sug-
gested that the rate of interest be reduced to
% per cent. The objection was strongly
urged that bonds at 8 per cent. running less
than thirty years could not be put on the mar
ket without danger. Mr.. Keifer wanted to fix
the rate of interest at 4 per cent. This was de-
feated by a vote of IL to 149. Mr.. Newberry
offered an amendment striking out that portion
of the bill which authorized the issue of bonds
and notes, and inserting a clause authorizing
the Secretary of the Treasury to issue bonds
not to exceed $3.50, 900, 900, redeemable at the
pleasure of the United States after ten years,
and payable thirty years after date of issue.
Also notes in the amount of $3.50, 600, 000, re-
deemable at the pleasure of the United States
after two years, and payable in ten years after
date of issue, which notes it shall be lawful
and national banks shall be permitted to hold
as part of their legal reserve, the interest on
the bonds to be 8 per cent. and the interest
on the notes 319 per cent. After the committee
rose Mr.. Wells reported from the Committee
on Indian Affairs the Indian Appropriation
Bill providing for an expenditure Of 81
500, 900.
Mr.. Price introduced a bill to make silver
certificates legal tender equally with silver coin.
Mr.. Carpenter introduced q bill to increase the
duty on linseed oil so per cent, and another
proposing a constitutional amendment provid-
ing that all civil officers of the United States
exceptJudges of the Supreme Court and inferior
courts, heads of departments, and offers whose
duties are temporary, shall hold Office for the
term of four years, and that Congress may
provide for an election by the people Of POST
masters and other officers whose duties are to
be performed within the limit of any State,
such officers to be subject to removal by the
President OF other than political or religious
grounds. The Indian appropriation bill was
considered In Committee of the Whole.
MIR. Blackburn offered a resolution providing
for a select committee of five members to ex-
anime into the charges of abuses in the frank
ing privilege, which was adopted, and Messrs,
Converse, House, Phillips, Browne, and Robin
son were appointed.
An amendment to the Indian Bill. appronri-
ating 5000 to defray the expenses of a COM
mission of ten citizens, provided for in the act
of 1859, and striking ont the clause repeating
all laws creating or authorizing such commits,
sion, was adopted by a vote of 81 to rs in tbs
Committee of the Whole, and rejected in the
House by q vote Of 116 to 119.