Savannah morning news. [volume] (Savannah) 1868-1887, 1881-02-18
The committees amendment


as substitute for this two sections (5 and o.,
the first relating TO the payment Of the new
bonds, and providing that interest thereon
shall cease at the expiration of thirty days
from the publication of such notice, while
the other section provides for the deposit of
none but United States interest bearing Sc
curities as collateral for government depos-
its.
Mr.. Mcpherson hoped that some member
OF the committee would explain the pro-
posed amendment Mr.. Bayard explained
that the bill as it came from the House
provided that after the first
OF May, per cent. bonds should be the
only bonds receivable for national bank cir
culation. The committee did not consider
that good feature. The compulsory plan
did not, in his opinion, add to the strength
OF the bonds, but rather suggested weak
ness.
The Senate finally voted to disagree in
the amendment of the committee, striking
out the first half of the fifth section of the
bill as 1t came from the House, the effect
being to retain the substantial features of
the bill. Yeas 10, nays 81.
At 11:30 p. m. the Senate was still in ses-
sion on the funding bill.
Mr.. Kirkwood offered an amendment pro-
viding that ''it shall be the duty of the Sec
retary Of the Treasury, under such rules and
regulations as he may prescribe, to author
iZe public subscriptions at not less than
par to be received at all depositaries of the
United States, and at all national banks,
for bonds and for Treasury notes herein
provided for, for thirty days before he shall
contract for or award any portion OF said
bonds or Treasury notes to any syndicate
of individuals or bankers or otherwise than
under such public subscriptions, and If It
shall happen that more than the entire
amount of said bonds and Treasury notes,
or Of either Of, them has been subscribed
within said thirty days, he shall award the
full amount subscribed to all persons who
have made bona fde subscriptions for
sums of 81 900 or less, at rates most advan-
tsgeous to the United States, and the residue
ratably among subscribers, in proportion to
the amount by them respectively subscrib-
ed,at rates most advantageous to the United
States"
The amendment was agreed to.
Mr.. Allison moved an amendment, which
was agreed to without debate, fixing the
eeiVable as security for circulation, etc., as
stated in the restored fifth section, as the
1st Of July instead of May 1st
Mr.. Eaton gave notice that he would
move to amend the rate for the bonds after
the bill was reported to the Senate.
Mr.. Bayard, at 11:20 D. M, called atten-
tion to the fact that the vote just taken dis
closed bare quorum, and stated that
he reserved, on behalf of the Finance
Committee, separate votes In the Senate
upon all amendments OF the commit
tee. He asked that the bill be now
reported, with the understanding that
it would be taken up Immediately after rou-
tine business in the morning, and that q
vote upon the amendments be taken at two
o'clock tomorrow. The committee accord
ingly rose and reported the bill to the SEN
ate. 1t was ordered printed and the Senate
adjourned.
THE sUNDRY CIVIL BILL.
The sundry civil appropriation bill, which
was reported to the House this morning and
recOmmitted, has been finally adopted by
the committee. Among its items are the
following; For public buildings at Austin,
Texas, $33, 900; New Orleans, $40, 600; Nash
Vile, Tenn, $l5,000; Memphis, Tenn, $780,
600; and Montgomery, Ala, $4,000. For
the Coast Survey, 1922 600; Geological Sur
vey, $3.50, 900; for completing the tenth cen
sus. $500, 600; for United States Courts, etc,
$2,375, 900; for public printing, 81, 200, 600;
for lighting the Savannah river be-
tween its mouth and the city of
Savannah, $50 1000; for the Fish Commits
sion, 1924 900; for the purchase Of the
private papers of the late Confederate
Generals Bragg and Polk, $40, 900; for the
expenses of the Mississippi River Commits
sion and the continuation of the surveys,
$l50,000; for the National Board of Health,
$4,000; for aid to local quarantine sta
tiOns and local State boards of health, $780,
600. The total amount appropriated by
the bill is $19, ,991 ,295.
THE WAYS AND MEANS CoAIMITTRR.
The House Ways and Means Committee
will give hearing on Saturday to parties
interested in the sugar question. The Sec
retary of the Treasury has been invited to
be present.
The same committee made favorable
report to the House to day upon the b1ll to
amend the section of the Revised Statutes
relative to the bonds to be given by cigar
manufacturers. The amendment provides
that the bonds shall In no case exceed
$4,000.
INCREASING THE FORCE IN THE PENSION
OFFICE.
The senate Appropriations Committee
to day decided to report an amendment
to the legislative appropriation bill making
an appropriation for large increase of the
force In the Pension Office to facilitate the
settlement of pension claims.