The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1881-01-19
rorfy-sixfh Congress-Third Session.
III .r,,,NnrnN Innnnru IL 1881
W MI ~ wv
SENATE.

Forty-sixfh CODgress-Third session.
WASHINGTON, January Is, 1881.
SENATE.
Mr.. Mcpherson, from the Committee on
Naval Affairs. reported f,vorabIy Senate
bin TO establish and equaliZe grades, and re-
eulate appointments and promotions in the
Marine Corps.
Mr. Vest moved to refer TO the Committee
on Foreign Affairs the bill on the calendar
IN incornoratc the Interoceanc Transpor-
tation Company and for other purposes.
The motion was agreed TO and the Dill so
referred.
Mr.. Uoar said he had proposed calling
m this morning his resolution Instrucllng
the Judiciary Committee 10 report TIE
Geneyaaward bill, but be would defer do
INC so in view OF the absence OF the char
man (Mr. THURMAN. $3.50,
ON motion OF Mr.. EdmundS. Senate bill
TO provide for asceralning and setting pr
yate land-claims in certain states ana Ierrl-
tories, which was partly discussed at The
session Of last year, was taken up; Mr.. 3D.
munds remarkng that action was Important
for public and private interests in The new
Territories through which the Southern
Pacific railroad is to pass.
Mr.. Teller criticised the pending amend
ment. The morning hour expired without
action on the bill, when the Ben. Holiday
claim bill came up as the regular order.
The bill was amended, read third time,
and passed finally-ayes, SO; noes, 10.
A conference committee was ordered
upon the consular and diplomatic approprl-
atoms bill, and Messrs. Eaton, Davis OF
West Virginia, and Window were cOnsti-
tuted the Senate cOafr<reS
After an Intellectual effort by Mr.. Coke to
get up the bill TO provide for the allotment
OF lands in severalty TO the Indians on the
several reservations, the Senate, at lot
O'Clock, adjourned.
HOUSE OF REPRESENTATIVES,.
Mr.. Keller, OF Ohio, from the Committee
| on Elections, submitted a unanimous report
Of that committee declaring that III. Bisbee
Jr., is, and y. ii. Hull is not. entitled 10 hl'
seat as representative from the second con
gressonal district OF Florida. The report
was laid on the table, and Mr.. Keller gave
notice that he would call it up for action al
an early day.
Mr.. Sparks, OF Illinois, chairman OF The
Committee on Military Affairs. reported
back adversely the bill to place L. ;. Grant
late General OF the Army and eX-Presdeni
| OF the United States, on The retired list oil
| the army.
Mr.. McCook, Of New York, submitted 2
minority report, which, together with The
bill. was referred to the Committee OF The
Whole on the private calendar.
Mr.. Atkins, chairman OF the Committee
on Appropriations, reported the naval ap'
preparation bill, which was ordered TO be
printed and recOmmilted.
Mr.. Atkins gave notice that he would
call up the bill (which approprlates Sl1,-
4Gl ,00O) for action tomorrow morning.
On motion Of Mr.. Singleton, OF Missls-
sippi, Senate amendments TO the consular
and diplomatic appropriation bill were
concurred in with one exception.
The House then, at 1870 u. NJ, went into
Committee OF the Whole (Mr. Covert, OF
New York, in the chair upOD the funding
bill, the debate upon the pending section
and amendment thereto being limited to one
hour: ten minutes debate Ito be allowed
thereafter upon every substantive amend
ment offered. The pending amendment
was that offered on Saturday last by Mr..
Carlisle, OF Kentucky, aS substitute for
the 9Th section OF the bill.
Mr.. +. Wood, Of New York, said that he
desired 10 remove an erroneous impression
which prevailed with reference 10 the posi-
biity Of negOtiatlng3 per cent. bonds AT par.
II he had had any doubt on this subject, he
now held IN his hand an authority which
would have removed that doubt. The
Financial and Commercial Chronicle had
for many years been published in New
| York, and was referred to constantly To set
tie disputed financial questions. In its issue
of Saturday last there had been published
an article which be would ask the Clerk &c
read. The article states that there l. very
| good prospect for the successful negotiation
| of a 3 Der cent. bond, but criticises the see
| ton OF the pending bill which requires the
national banks 10 take such bond as Sc
curitv for their circulation. Ii further states
that Wall street is disposed to look fayora
| bly, on the bill and discount IT. passage.
Mr.. +. Wood referred also to the London
| Economist as authority for the statement
that 3 per cents could b. flOated. aud gave
| il as his opinion that the bonds would com
mand within three months small premium
After discussion, Mr.. CarIisie's amend
ment, in the nature Of a substitute for The
9TH section OF the bill, was agreed to--yea'
| l2S, nays l0l.
Mr. WhitthOrne. OF Tennessee, moved
| TO strike out OF the amendent Just adopted
| the proyiso that no bonds upon which IN
tereSt has ceased shall be accepted or shall
be continued on deposit as security for cir
culation, DC. Rejected.
Mr.. Hawley, OF Connecticut, moved to
strike out the provlsO reenacting sections
Jl59 and 5000, Revised Statutes. Rejected
Several other amendments were offered
| and rejected or ruled out on points OF or
der, after which the reading of the bill wa
completed.
| Mr. Bland offered substitute for th'
whole bill authorizing the Secretary OF TIT
Treasury to reserve for redemption pur
poses coin IN the Treasury equal to % pc
cent. OF all the legal-tender notes ouistand
ing, and a sufficient sum OF coin to redeem
silver certificates, and TO apply the residn'
In the redemption Of the public debt.
The Republicans at first showed dispo
stion to refrain from voting, but FINAL.
other counsels prevailed, aud they yote'
against the substitute which was rejected
yeas, 40; nays. 106.
After further debate, the committee ros
and reported the bill to the House. whe
Mr.. +. Wood demanded the previous ques
ton, which was seconded, and the mai
question ordered on the bill and amend
ments.
Pending further action, the House, at 81