The Emporia news. [volume] (Emporia, Kan.) 1859-1881, 1881-01-21
Senatorial Siftings.-Conkling Congratu-
Iates Pratt, the StaIwart Senator
Elect from New York.
CopgressIonaI summary

amendment OF the senate committee.
House. On motion of Mr.. Buckner
the morning hour was dispensed with.
Dir. +. Wood. of New York, moved
that when the house next went into com
mitiee OF The whole on the funding bill
debate ON the pending amendment should
be limited Ia 30 minutes. Agreed to,
l49 Io4 -
The house then went Into committee
of the whole on the funding bill
Mr. Wood said that for himself he saw
nothing Inconsistent 10 the establish
ment OF Il per cent. rate of interest for
bunds and the shortening of heoptIon
indicated in the bill. He would GO fur
Their he believed that with the removal
OF the tax on bank deposits and the es
Enlistment of a rate OF 3 per cent. the
question of option was absolutely imma-
terlal, because the bonds and certificates
would not be likely 20 rise to any great
premium, and would be at any time
within reach of the government at par
or at nominal premium. He believed
that 3 per cent. rate could be safe!yes-
tablished = and was confident of the
speedy negotiation of every bond ard
certificate issued.
Mr.. Stevenson opposed the bill on the
ground that il did no more or less than
nix permanent national debt upon the
country.
Mr.. Weaver protested against the re-
funding of the and per cents into any
obligation that would take from the gov
.ernment the right of redemption for
single day or hour.
Nr. Mcmillan argued in. favor of the
amendment which he proposed to Of
for making the bonds subject TO taxa
ton.
NJ n,.,,.1I /.s,,,..I>o- 80 A. Co..,.,.;.
tee of Ways and Means) said he had no
doubt that per cent bond would find
a ready sale, and he advocated that rate
of interest. lie would vote, however,
for the reduction of the.time from TWEEN
ty to ten years.
Mr. Turner opposed the refunding
theory. He was in favor of placing the
income tax on capitalists and bondhold-
ers, and letting the revenue received
from that tax go to the extinguishrnent
of bonds.
The time for debate having expired,
the committee rose and il was extended
one hour.
The time for debate having expired
the, question required on Mr.. Woods
amendment. fixing the rate of interest
upon the bonds and certitiesatesHt 3 per
cent
Mr.. Newberry demanded division of
the question, and the vote was first taken
on fixing the rate on bonds at per cent.
agreed to, 1872 to 90. The great body of
Democrats voted in the affirmative and
the majority of Republicans in the neg
alive. The second branch of Woods
amendment, arranging rates on notes at
per cent. was also agreed to without
division.
Mr. Sanford offered an amendment
providing that, before any of the bonds
or notes authorized by this act are issued
il shall be the duty of the secretary of
the treasury 10 pay on bonds aecruing
during the year 1881 all silver dollars OF
4121k grams, and all gold over and
above $50, 000, 600 nov held in the treas
ury for redemption purposes.
Mr.. Bland argued in favor of the
amendment which he proposed to offer,
authorizing the secretary of the treasury
to coin the maximum amount of silver
dollars ia redemption of the maturing
| debt.
Mr.. Sanford's amendment was adopt.
ed-yeas SO, nays 25, the Republicans
refusing to- vote, desiring 10 SD load down
the bill that substitute offered by them
would be adopted
Mr. McMilien offered an amendment
making the bonds herein authorized sub
| ject to taxation At first the Rspubli
cans showed disposition TO refrain
from voting and some few even voted in
| favor of the amendment IN order to at
| tach il to the bill, but finally they in a
body voted against il, and il was defeat
ed-yeas 81 nays 80.
Mr. Randall Offered an amendment
max ing the substantial part of the sec
| lion read as follows: "The secretary OF
| the treasury is hereby authorized to Is
sue bonds in an amount not exceeding
| $3.50, 900, 900, which shall bear interest
at the rate of 8 per cent per annum, re
| deemable at the pleasure of the United
| States after - years. The bonds shall
be etc"
Mr.. Randall stated that his intention
was TO make the bond loan exclusive
| ly. He would at the proper time move
to fill up the blank in the amendment
by the insertion of the word 'two." so a!
to make the bonds redeemable in two
years. He would offer an amendment
providing that the interest on the PEI
cent. bonds shall cease at the expiration
Of thirty days after notice that the same
have been designated for redemption.
Mr., Calkins wished to amend Mr.. Ran
dall'S amendment by fixing the rate .
interest at 80 per cent, but the chail
ruled 1t was not in order.
| Mr. F. Wood moved that the commit
tee rise in order to enable members Il
carefully examine Mr.. Randalfs amend
ment, which motion was agreed to anC
the House adjourned.
WASHINGTON, ID. G. Jan. 14.-SENATE
Senator Hoar presented with a peti
ton in its favor, a bill TO provide for thu
relief of retiring presidents of thu
United States -
Senator Johnson, from the COMMITTEES
ON agriculture, reported the different
bills before the committee on the sub
ject of pluro-pneumonia among the cat
tie, and said that quite a number o
these bills had been referred to the com
mittee, but their provisions were 81
varied and the subject itself so larg,
and difficult, that il had been determined
to report them back without any recon
mendation, and letting them go on tn,
calendar to be called up at any time.
The senate passed the district tram
! bill, and proceeded with the calendar
under the Anthony rule.
Consideration of the army appropria
ton bill was resumed.
A long discussion ensued, after which
the bill was reported to the senate anC
passed.
On motion of Senator Window tn
senate took up the military academy ap
preparation bill. Senator Window stateC
that the total of the bill was 1922, 1S5
which was So, 800 less than the esti
mates. It exceeded the appropriation
for 1880 by $5.9e1.
The bill was reported from the com
mittee of the whole without amendment
and passed.
After executive session, the senate ad
journed until Monday.
HoUsK.-To day being private bill da,
under the rules, which cannot be sc
aside except by twO-thirds vote, tn
House went into Committee of tn
Whole on the private calendar. No al
tempt was made 20 proceed with tn
consideration of the funding bill.
Some discussion arose in reference 4
; the bill for the relief of VIM. Redus 70
cattle taken from him by the Usage In
dians.
The opponents of the bill, while nc
disputing its justice, contended that
would be dangerous for Congress {
: enter upon a system of paying sue
claims, asserting that there were sim
. lar claims pending TO the amour
of four millions Of dollars. Th
present bill they admitted provided tbs
: the appropriation should he made froT
: the Usage Indian trust funds, but man
Indians had no trust funds, and th
government would have TO be respons
Bile in such cases.
Mr.. Springer thought the preseI
bill showed the necessity Of creating