The Rock Island Argus. (Rock Island, Ill.) 1877-1885, 1881-02-19

De Withdrawn as provided By law within
thirty days after the interest has ceased
thereon. the banking association denosit
ing the same shall be subject to IiabiIitie
and proceedings on the part of the Comm
trolier provided for in section 1924 of III,
Revised Statutes of the United States
and provided further that section of fhf
act OF june 20, 1874. entitled IAN act fx,
ing the amount of United States Lotes
providing FOR the redistribution of nation.
al bank currency and for other purposes. y
be and the same is hereby repealed: and
sections l-le5 of the Revised Statutes OF
the United States be and the same ara
hereby rs-enacted,
Section o. That the payment Of any oi
! the hnn9- hereby authorized after the
expiration Of five years shall be made in
amounts to be determined from time to
time by the Secretary of the Treasury at
his discretion, the bonds SO to be paid to
be distinguished aud described by dates
and numbers, beginning for each sue.
eessive payment with the bouds of each
class, the lest dated aud num bered. of the
time of which the Intended payment or
redemption, the Secretary Of the Treas
ury shall give public notice. and the inter-
est On the particular bonds so selected at
any time to be payed shall cease al the
expiration OF thirty days from the publ
cation of such notice.
Sec: Z That this act shall be known as
the Funding act of 1881" and ali. scts
aud parts OF acts inconsistent with thisEact
are hereby repealed,
At the caucus of Republican members
this evening to discuss the apportionment
and come to some understanding about
the course to be pursued iu reference to
the Cox apportionment bill, general
discussion of the question was INDUCED in.
Representative Sherwin reviewed the
tables prepared bp the census office. show.
ing the gains and losses of different states
under each successive increase from 2s3.
the pressnt number, up to 322 Il was
developed that majority was secured to
favor 3l9 as the most equitable number of
gains aud losses. Under the apportion-
ment based on this number it was con-
tended that it would fall more evenly both
as to sections and parties. Several New
England members who believe the house
already sufficiently large held that 3O7 was
perhaps nearly. fair In the way of q com
promise as any other number, while sew
eral Western members strongly favored
322. Representative Andersen, of Kan
sas, claimed that the present representa-
ton was unfair to the West, and he
should insist on that number which if any
advantage was to be gained, would give it
to the North rather than to the South.
At 322 Kansas, Iowa and Minnesota
would each gain one Representative, and
as Neatern men, looking at the interests
of the West, their twenty Representatives
weuld insist upon this number as against
any other. RepresentiYe Keifer favored
3l9, and insisted upon the adoption of all
parliamentary tactics to defeat any bill
that fixed the number at less, Calkins,
Van Voorhis and others followed In the
same sein. A resolution was offered that
the RepubIicanss insist upon the adoption
of this number. but it was not pressed to
a vote. Frye,sRobeson and others eouu-
selled more moderate measures add fur
thse tima FOR consideration of the |
subject IL was finally decided to post |
pone the question until Monday; mean
time to effect an understanding with |
Cox not to press vote upon the bill |
until next week. hut les appropriation |
bills have precedence, as otherwise the |
Republicans would abstain from voting
and break quorum necessary to pass
the sill. Adjourned till Monday.
Only four Seustors-Blaine, Carpenter,
Conkling and Shanon-wers absent and |
IMPAIRED at last nights vote on the fund |
ing bill. Bayard is determined to try for |
the 81 per cent. rate, but will certainly |
fail. as there will in any event be forty two |
supporting tho 3 per cent, against thirty |
for 81. Neither of the absentees will be |
here to-day. Blaine and Carpenter being |
sick. and the Others absent. The discus
sion promisis to run on late this afternoon.