New Ulm weekly review. [volume] (New Ulm, Minn.) 1878-1892, 1881-01-19
.EPIToME OF The WEEK.
Interesting News Compilation.
Conversational.

The Senate was not in session on tho Sth.
Mr.. Briggs, member from the Third District of
New Hampshire, took his seat in the House.
mr.: Wells. from the Committee on Indian
Amars, reported the Indian Appropriation
Dill ($4,d26,OO0, which was ordered printed and
reoommitted. The Speaker laid before the
mouse TOT the third time the report of the
q a1sns pri1 III regard S to the abuse
received. The Funding bin was debated in
GI &c. nm Of the Whole: Fernando Wood,
fered an amendment to fix the rate Of INTENSE, at
t at three per cent. Mr.. Claflin Thought it
we %o1 tha DC dangerous t1put bond Of that rate
the interest be- xni AZ warner arm suggested that
cent. Mr. keiter offered an amendment to
pay not exceeding four per cent, which was
x6ts9 Secnma to M Nj Frye said he had
teriy impossible to float a three-peroent. bond
running les than thirty years: Mr.. Randall
remarked that the outstanding bonds vibrated
three.eighths per cent. Fernando Wood gave
Secretary Sherman as authority for a
oaaa a3 th that short
$ioo,9o99Q could be saved by letting the ma
s M H dent stand and paying it in five gears
rates Of bonds thirty-year tSree.per.c anHe
was worth o. to 98. Mr.. Converse thoucht a
three-per-cent. bond was equivalent to six
ppe per cent on private loans Mr. Townsend
faclnc 5s at premium of over two and one
half per cent Mr.. FELTON, thought it would
5e criminal to perpetuate the debt. Mr..
Balne offered an amendment that tho Secre.
larry OF the Treasury sell the new bonds at the
lowest ratio of interest practicable which was
hst: Mr. Hurd declared specie resumption a
an amendment authorizing the Secretary Of
the Treasury to issue bonds not to exceed
4%to2,ouv 0oO. redeemable at the pleasure of the
thirty years after issue; also, notes in the
amount OF S:50,0l0N redeemaole Mt the
pressure of the United States, after two years,
ana payable in ten years after tho date of is
sue, which notes National Banks shall be per-
mitted to hold as pSrt of their legal reserve,
and interest on said bonds shall be three per
one-half per cent. Mr.. Gillette argued AGAINST
the policy Of refunding.
AMONG the bills introduced In the Senate on
the 10th we're the following: BY Mr.. Logan, to
place General Grant on the retired list Of the
army, with the rank and pay of General; to
extend the franking privilege to all official
business of Senators and Representatives; by
Mr.. Bayard, to require signatures on National
Bank notes to be written, not engraved; by
Mr.: Penoleton. to prevent extortion from per-
rupt1on by such persons. The Ben Holiday
Relief bill was debated .. "A large number Of
l bills 81; were introduced in the House, among
transportation Of ,dutiable goods; by Mr.
Ms y the to n
ner, to negotiate with Mexico or Central
America for the cession of territory on which
Sherwin, to regulate the Importation of arti-
cles made in imitation of butter and cheese
Mr.: Carpenter presented CONSTITUTIONAL
officers of the United States shall hold their
positions for four years, and that Congress
may provide for the election of Postmasters
md IT hor lnoo off TS>1T ,I3
Whole. '"''' 40 n'''eo u 'ne
In the Senate on the 18th Mr.. Window, from
the Committee on Appropriations, reported,
with an amendment, the Military Academy
Appropriation bill, and Mr.. Maxey, from the
Committee on Military Affairs, reported bill
for the relief Of BrigadierG General o. c. Ord.
tee: reported adversely tho bill to reorganize
and discipline the militia Of the United
StatsS ana Ito further was
aSoed S 20 the prse Of eya
numbered sections of public lands within the
Limits OF any railroad, military or wagon road
In tho House MIR. Blackburn Introduced
committee of five to inquire into abuses Of
House, Phpps f Brown Hes and R oSinsen
$!:sss III i$3'sn '1 81!
IL
the Whole, and an amendment, offered by Mr..
Hooker, to transfer the control OF Indian af-
fairs from the Interior to the War Department
to the House, and an amendment adopted in
committee. appropriating ST., 900 to defray the
expenses Of Commission of ten citizens pro-
vided for in the act of 1859, and striking out
the clause repeating all laws creating or au.
thorizing such commission, was rejected-lC8
to 11s-and tho bill was passed.
A LENGTHY debate occurred in the Senate
on the 18th on Mr.. Logans resolution for the
extension of the Thanking privilege to all ofIi-
oial business of Senators and Representatives.
The Army Appropriation bill was debated. -.
The morning hour was dispensed with in the
House, ana tho Funding bill vh was considered
Of interest On the bonds and notes
was fxe ed at three per cent. by a
favoring that rate and the Republicans oppo-
sing it. An amendment, offered by Mr. San
ford, was adopted, that prior to the issue of
the Treasury snail pay on maturing bonds ali
standard silver dollars and all gold in excess Of
500 o,ooo now held for redemption purposes.
Aa ame .2' oifeied by Mr. MeMian'
iect to taxation was dofeated-25 to 3d.
A BILL was passed in the Senate on the 18th
for the pay ment Of damages which may be
occesioned to Indians on the Minnesota reser-
va,ion by the construction of reservoirs at
the headwaters of the Mississippi under the
act of last year. The Army Appropriation bill
ment of Immigrant roads was adopted Bills
were reported in the House: From the Com
1nittee on Elections, minority report, declar.
ing that neither J. G. Holms nor W: F. sapp
had been legally elected from the Eighth Con
gressional District of Iowa: also, a minority
penter, from the Ninth Congressional District
Of Iowa; from the Committee on Military
Affairs, for the relief of General Ord. The
FUNDING 1g, bill d was taken up in c9mmittee OF
dali. was adopted-12s to 2, Messrs. Weaver
and Gillette in the negative-that 500, 900. 00C
years aud payable in ten, and certificates to
the amount Of $1,000 0.00), bearing three-per
cent. interest and running from one to ter
years be issued the Treasury having previous
| gold reserve above $50, 900 900.