The Superior times. [volume] (Superior, Wis.) 1870-1912, 1881-01-22

leans showed disposition to refrain from voting,
and some few even voted in favor of the amend
ment, in order to attach it to the bill, but finally
they, in body voted against it, and it rejected
yeas 81, n. ys 90 Randall offered amendment
making the substantial part of the section read:
The secretary of the treasury is hereby authorized
10 issue bonds in an amount OF not exceeding $50,
100000, which shall be interest at the rate of per
cent. per annum, redenable at the pleasure of the
onl.ed state after = years; the bonds shall be,
etc" Cakins wished to amend RandaPs amend
ment by fixing the irat of interest at & per cent,
but the chair ruedS ths it was not in order Wood
then moved that th Committee RISE in order to ena-
Die the members to carefully examine the Randall
amendment, which motion was agreed to and the
house adjourned.
TUESDAY, January 13.-Colerick, from the com
mttee on elections, presented minority report de-
cldr1ng neither j. G. Holmes nor w. +. Sapp had
been legally elected from the Eighth congressional
district of Iowa. so minority report in the case of
wilson ys. Carpenter, from the Ninth congressional
district of Iowa. Both reports ordered printed
ana laid on the table. The house then went into
committee of the whole on the funding bill Tn.
pending amendment was that offered by Randall,
theorzlng the Issue Of bonds in amount not ex-
cecding $3.50 000 000 which shall bear interest at the
rate OF per cent, redeemablc after - years
Iownshend, of Illinois, offered amendment to
kandaIS amendment, fixing the amount of bonds
ut 100000 900, and the amount of notes at $500 600
600. Randall modified his amendment to read as
follows: The secretary Of the treasury Is hereby
not exceeding $3.50 900 000 which shall bear interest
at the rate OF per cent per anuum, redeelnable at
the pleasure OF the government after years from
GATE OF ISSUE NILS offered amendment to Ran
dalis amendment, making the bonds and certificate
redeemable IN one year, and payable in ten wear.
randall accepted the amendment offered to his
amendment by Townshend (Ill.) limiting the amount
OF bonds and certificates to be issued, where
upon Mills offered an amendment MAX
ing the bonds and certificates redeemaole
in one year, and payable in ten, which was
also accepted by Randall. Clafin moved to amend
by making the bonds redeemable in five YEAR,. and
payable in ten. Agreed to without division. Ryan
moved to amend by making the bonds payable in
twenty years. Rejccted-73 against 102. Gillette
moved to insert in lieu of bonds and certificates the
words $500 100000 of treasury notes" Rejected
R1ndalls amendment amended was then adoDt-
ed-l2S against (Messrs. Weaver and Gillette
and he then proposed further amendment relative
To interest on the Blk per cents, which adopted
The section rs amended authorizes the secretary Of
the treasury to tissue bonds, in amount not exceed
ing s4OO, 100000, which shall bring interest at the
rate OF per cent. per annu1n, redeemabe at the
pleasure OF the United States after five years, and
payable after ten years from date of issue: and also
certificates IN amount not exceeding $500 600, 600
bearing interest at the rate Of cent. per annam
redeemabe at the pleasure of the United States after
one year and payable in ten from date of ISSUE
1t also provides that before any the bonds or
uhcates authorize are issued it shall be the duty of
the secretary of the treasury to pay bonds
ing during the year 1881 all the silver dol ars of 4l2
grains and all the gold and above $50 900 600
the treasury for redemption purposes, and that in
erest on the six per cent bonds authorized to be
funded shall cease at the expiration of thirty days
after notice that the have been designated by
the secretary of the treasury for redemn tion.
weaver offered an amendment providing that no
portion OF the public debt now payable in lawful
money shall be funded under authority of this act
into Obligations payable exclusively in coin. Re-
Jected-66 to 96. Amendments offered by
Chttenden, Warner and Anderson, but they were
ruled out on points Of order. .Ad iouned.
FRIDAY, January 1.-THE house went into com
mittee OF the whole the private calendar devoting
considerable time TO debate the bill for the relief
Of VIM. Ridus, for cattle taken from him by the
Usage Indians. The bin was finally laid aside for
favorable report to the house. The committee rose
and reported dozen private bills to the house but
upon the first bill acted upon no quorum voted $500
Anderson asked and obtained leave TO have printed
IN the record modification of the amendment offered
by him yesterday 70 the funding bill. As modified il
authorizes the secretary of the treasury s Issue
rency not not bearing interest, but which shall be
payable at par on demand in legal tender notes II
makes 1t unlawful for the comptroller of the cur
rency after June 80, 1881, to authorize any one e
carry the business Of banking or to issue crcut-
ing notes to association after that day; provides
that whenever after that day circulating notes shall
he redeemed by the treasury depal tent the seCre-
tary shall issue currency notes herein ogde of the
same denomination and to the same amount the
circulating notes redeemed, which currency
noes 10 be received at par in payIKent of al!
dues except duties imports; directs the sec
rotary currency notes issued to set apart Of the
amount of all coin in the treasury for the redemp-
ton Of bonds redeenable during or subsequent to
the year 1881 the amount Of bonds so redeemed
prior to the sale of the last of the bonds and cerf-
Gates herein authorized to be deducted from the ag-
gregate amount of such bonds and certificates and
authorizes an appropriation to the sinking fund of
so much coin as is set apart and not used III the
demptiOn of bonds. ... Townshend Ql.) obtained
leave to have printed amendment which he pro-
posed TO offer to the funding bin. 1t provides that
after July l. 1884, no duty shall be levied, assessed
collected upon merchandise imported into the United
States in excess of 60 per cent. at UGt0ren, any
article embraced in section 2504, revised statutes
and not subject to tax under the internal revenue
laws, except perfumery of which alcohol forms d
component part, rum, essence and OIL bay rum, es-
sence and OIL, opium and al preparations Of opium
and playing cards. Adjourned.