The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1881-01-16
CONGRESSIONAL.
KIOuse.

Washington, Jan. l6.-The speaker pro.
eeeded to call committees for reports.
Mr.. Godde', of Ohio, chnirmsa Of the
committee on library, reported bill author.
iEipg the construction of building for the
accommodation of the congressional library.
Referred to committee of the whole.
Tho call Of committees having bsop sop.
Guided, the houss, at l240 y. M, went into
committee OF tho whole, Mr.. Covert, of New
York in tho ehsir, on tho fundisg bill, ali
debste ca ths frat section and amendments
thereto being limited 10 ten minutes.
Tbs pending amendment was that offered
on Thursday by Mr.. Anderson, Of Kspass.
Mr.. Prics, Of Iowa, inquired Of Mr.. Andsr-
son what he expected TO accomplish by bis
amendment, which provided for the rstirs.
ment Of national banks and for the isuus OF
currency notes.
Mr.. Anderson replied that, by issuine cur.
reney nstes uheu uStional bank notes ,honld
have been retired, tho country would gain
this: that the United States would be tina
only pawsr having anything to do with
the money Of the country.
Mr. Frye, Of Msiss, gave notice Of q sub
ltilute vsics he proposed 10 Offer for the
first section, providing for the issue of honda
and treasury notes TO the amount Of $500 :
100000, bearing 81 por cent. interest, and
redoemabls after year.
Mr.. Andersoa'l amendment VS., than "a.
jsctsd 40 10 lS.
The sext smsndmsnt was that offered by
Mr.. Dibroll, of Tennessee, imposing an in.
come tax, the revenue OF which shall be eI-
clusively us for the payment of bonds and
notes hsrsin authorized to be issued. The
tax is RIsd a. per cant. on all net income
of over $3,500 and under $4,000, and Al 4
per cent. Of all not incsnes Of 81. 900 and
over.
@essr. f. Wood, Of Now York, and Frv.
of Maine, raised point of order that tSs
amendment was not genuine, and was sub.
stantlallY similar to tho bills pending before
the house.
The chair sustained the point of ord or and
the amendment was not admitted.
Ar. Bland offered An amendment. pro-
VidlnE that nothing contained skall be con-
slruOd to require the payment of gold and
silver coin held for the redemption of csrtia-
Gates Issued thereon, nor to redacs the
amount Of coin held for resumption pur.
poses below $50 900, 900; nor to REQUIRE ,he
payment of coin which may be necessary To
redeem ths public de0t on which interest has
ceased.
The Amendments was rejectsd-57 to 5s.
Mr.. Wsrron offered an amendment pro-
vldlng that the secretary of the treasury may
in his discretion make tho interest Of the
Certificates payable every four months. Re-
jectsd.
Mr.. Phillips offered an amendment pro-
yiding that certificates shall be issued in
denominations of $40, $40 and $50, either
registered or coupon. Adopted.
Mr.. Price offered an amendment repeating
the tax on bank checks. Ruled out on 4
point Of order.
Mr.. Singleton, Of Illinois, then OF.
tered, as a substitute for the first section. an
amendment providing for discharging the
debt, redeemsble in 1881 by payment from
the treasury of $lS5, ,00O,O0O and by the issue
Of 100000, 900 in treasury notes bearing Q
Per cent. interest. Rejected.
Several other amendments were offered
sxd rejected. Mr.. Carlisle, of Kentucky. Of
fsrsd an amendment authorizing the secre-
tary Of the treasury TO make suitable rules
and regulations to carry this act into effect,
provided the expense Of disposing of bonds
and certificates shall not exceed one-fourtb
Of one per cent. Adopt d. He also moved
10 strike out the fourth section of the bill
Snd insert an amendment authorizing the
secretary OF the treasury to use. If he deems
i. necessary, not exceeding S5000O00o OF
standard gold and silver coin in the treasury,
n redemption of the Eve and six per cant.