Savannah morning news. [volume] (Savannah) 1868-1887, 1881-02-18
THE NATIONAL CAPITAL.
THE RIVER AND HARROR RILL
REACHES THE SENATE.
The senate Spends a Day and Night
on the Funding BHI-The Vote
Upon it 10 be Taken TO-Day-SOme
Items of the Sundry Civil Bill
Committee Work and Capital
Notes.
HOUSE PRocEEn1Nas

HOUSE PROCEEDINGS.
WASHINGTON, February 1.-THE House
remained in committee of the whole on the
river and harbor bill until 2:15 a. M, wher
the reading OF the bill was finally con
cluded.
Mr.. Updegraf moved to strike out al
after the enacting clause, and insert an ap
preparation Of seven million dollars, to bt
expended, under the direction of the Secre
tary OF War, in the Improvement of riVeri
and harbors.
The committee rose and reported the bill
to the House. The previous question wal
seconded, the main question ordered, anC
then, at 2:2O, the House adjourned, thu
terminating the legislative session of Tues
I day.
In the House to-day, Mr.. Field, Of Massa
chusetts, from the Committee on Elections
submitted q report on the contested election
case from the Second district OF North
Carolina, declaring the sitting member en-
titled to his seat Laid over for future
action.
Mr.. Martin, Of Delaware, from the Com
mittee on Accounts, reported q resolution
authorizing the payment Of $4,000 to Mr.
Frank Hurd, of Ohio, in full for all costs
expenses and fees to date as counsel In the
q u Il
son, j. NJ. Glover and others. After briei
discussion the resolution was adopted.
The regular order having been demanded
the Speaker announced the regular order to
be the consideration Of the amendments to
the river and harbOr bill, which were agreed
to In gross.
Mr.. Robson, of New Jersey, moved tc
commit the bill to the Committee on the
Judiciary with instructions to report 1t back
with an amendment confining the expendi
lures therein appropriated to rivers, h&r.
bors and streams within the maritime and
| admiralty jurisdiction of the United States.
The mo'ion was defeated-S5 to l52. The
bill was then passed-Yeas 162, nays IS.
Under the call of committees the follow
ing reports were made:
By Mr.. Phelps, from the Committee OF
| Ways and Means-Relative to the bonds tc
be given by cigar manufacturers. Referred
| TO the committee of the whole.
BY Mr.. Johnston, of Virginia, from the
Committee on Military Affairs-Granting the
use OF certain lands at Fortress Monroe fol
hotel purposes. Referred to the committee
OF the whole.
BY Mr.. Gunter, of Arkansas, from the
Committee on Private Land Claims-FOr the
relief OF VIM. McGarragan. Placed on the
private calendar.
The House then resumed consideration OF
the apportionment bill, and after remarks
by Messrs. Finley of Ohio, Steele of North
Carolina, Davis of North Carolina, Roth
well and Others, the bill was temporarily
laid aside.
The Speaker laid before the House a mes
| sage from the President, recommending the
adoption of measures to require the repre-
sentation of this country in the proposed
international Monetary Conference. Re-
ferred.
The House then adjourned.
SENATE PROCEEDINGS
In the Senate, Mr.. Maxey. by direction OF
the Committee on Post Offices. gave notice
that the House post route bill would be re-
ported on Monday.
Mr.. Morgan presented a memorial of the
Alabama Legislature for grant of lands to
aid in the construction of the Tennessee and
Warrior River Railroad, which was read.
On motion of Mr.. Bayard, all the prior
orders were postponed and the Senate re-
sumed consideration of the funding bill,
the appropriation bills being deferred in
expectation of final vote on the funding
bill to-day.
Mr.. Platte advocated the bill ss amended
by the Senate committee.
Mr.. Pugh said he thought the present
time and conditions favorable for the estab-
lishment by the government of per cent
as its normal rate. He was Indifferent
about the time OF maturity II the option of
redemption was secured to the government.
Mr.. Voorhees, urged the necessity of an
amendment providing that nothing in the
act shall be construed to authorize the re-
| tirement or cancellation OF any part of the
! outstanding currency.
Mr.. Logan favored fixed rate of 81 per
cent, believing this to be as low as the
bonds could be foated.
Mr.. Brown reviewed the resources of the
country and its present prosperity, con-
Guiding with the expression Of his full con-
viction that three per cent. 5 20's could
without difficulty be disposed of at par.
Mr.. Call favored three per cent, with five
years option, as safe and practicable.
! Mr.. Salisbury said that as between 8 and
80 per cent. he would favor the lower rate.
Mr.. Cockrell said that, In his opinion,
per cents could be easily foated at par,
and would IN a short time be at a premium,
At 4:45, vote being called for, Mr..
Ferry moved to amend the amendment of
the committee, fixing 81 per cent. as the
rate for the long bond by inserting the
words mot exceeding" thus applying the
sliding scale provided for Treasury notes to
the long loan.
Mr.. Bayard intimated his willingness to
I accept the amendment.
At this point an Intellectual effort was
made to adjourn, Mr.. Davis, OF Illinois, in
| sisLing 1t was duty the Senate owed to the
] country 10 pass u VI 5OLuo hluQ
before adjOurning.
MIR. Mcpherson said he was not disposed
/ to vote on the question tonight, nor until
/ It was thoroughly understood.
| Mr.. Eaton-"Then we might as well ad-
! journ." Laughter.
Mr.. Mcpherson said he did not under
stand some of the propositions of the com
mittee, and he wanted them explained be-
! fore he voted on them.
I furfhQr remarks the ameQ0maOt
| was rejected, yeas II, nays 45.
A vote was then taken on the amend
ment of the committee, fixing the interest
rate at 81 instead of 8 per cent, as fixed by
4 the House.
The amendment was rejected, yeas %,
nays 35.
The next amendment OF the committee,
making the bonds payable semi-annuallY,
was agreed to without objection.
The next amendment was to create 20
| instead of a 10 loan.
/ Mr.. Mcpherson moved to amend so as to
make it a 20 loan. Not agreed to; yeas,
! IA; nays, 43.
The pending amendment then prevailed
\ without objection.
! The amendment substituting the term
/ "tressury notes. for Certificates" as ap-
! piled to the short loan, inserting the words
! s'not exceeding" before the amount Of three
| hundred millions of such notes, aud provid-
/ Ing fOr bneif issue III denominations OF ten
| dollars, or some multiple of that sum, not
! exceeding one thousand dollars, was agreed
4 to without formal vote.
The next amendment was to fix the in
/ terest rate Of the lilo loan at 'fnot exceed
4 ing H." instead of "3 per cent. )" the rate
passed by the House. The amendment was
| iost-yeas 81, nays 81.
The remainder of the committees amend
meut relating to the fifth section was then
! rejected The section was restored as agreed
to by the House.
The next amendments by the committee,
being two new sections, relating to the pay
ment of the loan in amounts to be deter
/ mined by the Secretary of the Treasury, etc,
I making the bonds receivable for circulation
and providing that old interest-b bearing Sc
curities of the United States shall be re-
ceivable as collateral for government depos-
its, were agreed to without debate. This
! disposed of the committee amendments.
The next amendments, providing that
Treasury notes shall be payable semi
annually, and that those OF a less denomi-
nation than 500 shall be registered, were
| agreed to without debate.
The amendment increasing the cost OF
preparing, advertising and disposing OF the
loan from one quarter to one-half OF one
per cent. was agreed to.
The next amendment was In the fourth
section, allowing the Secretary, from time
4 to time, to assist in the process of refund,
ing bv the purchase or by the paying on OF
maturing bonds from funds in the Treasury.
The amendment provides that this shall