The Rock Island Argus. (Rock Island, Ill.) 1877-1885, 1882-06-17

the SIOUX Slty q acii1c railway TO con
struct bridge across the Missouri was
agreed to.
The house then went into committee on
the river and harbor BILL
THE SENATE
Senator Hoar introduced bill provid-
ing that in case of removal, resignation,
inability or death of the president and
vice president, the succession to the presi-
dency shall fall on members of the cabi-
net, beginning with the secretary of state
and concluding with the secretary of the
interior, in the order as named in Wash
ington's cabinet, and excluding uncon-
frmed cabinet officers
Garland said the proposition now pre-
sented was identical with that which he
presented and urged last January. He
was glad now that Senator Hoar realized
its Importance and suggested reference of
the bill to the judiciary committee in
which his own bill was still pending 1t
was so ordered.
Blair introduced bill for statue in
Washington of Benjamin Franklin.
Pacific railway company to construct
bridges across the Willamette river in Or
egon, passed.
A bill to Inappropriate $375, 900 to pay
southern mail contracts for service prior
to the secession of their states was taken
up. Garland said the bill fastened the
burden of proof on the claimants more
strongly than did the resolution of II, as
1t compelled their bond negative pre-
sumption of payment by confederate states
and also by individual seceeded states.
Sherman, Ferry and Conger objected to
paying the contracts for services rendered
after the beginning of secession period.
After further discussion, participated in by
Cameron, of Wisconsin, and Maxey, the
bill went over without action.
A bill to enable national banking asso-
Citations to extend their corporate existence
was read for action on by committee on
amendments.
proviso inserted by the senate
committee to exempt national banks from
attachment and injunctiops by the state
courts was objected to by Vest, who said
he could see no reason for exemption.
Allison, who is in charge of the bill, ex
planned the existing law which gave the
United States courts sole jurisdiction in
relation to these banks. The house had
inserted the provision giving state courts
jurisdiction. The senate committee had
merely inserted in this provision a process
since the convention. He suggested the
necessity of this in view of the sole con-
troll over banks exercised by the Secretary
of the Treasury; and Comptroller Sherman
said the bringing of suits against banks in
the state courts had not interfered with
but merely issued arbitrary proviso against
the suing of bank for which the nation
al banking law points out different mode
of procedure. Vest replied the different
mode applied only to cases in bankruptcy
Jones, of Louisiana, controvertirg the
statement of Sherman that the purpose of
iniunctions as applied to national banks is
manly to marshal or protect assets. He
stated that in nine out of ten cases it was
used as means of defence to prevent
some Illegal or fraudulent act.
This was a right which it was proposed
to deny to citizens in the state court. He
would have ne right for instance to stop
illegal seizure and advertisement for sale
of his property by bank through injunc-
ton from the state court. He would be
remanded to the federal courts for asser-
ton of his rights. He would strike out
the word ''injunctions" from exemption
proposed. Agreed to without second vote.
Ransom, opposed committee on amend
ments, contending banks were not entitled
to any rights not possessed by
citizens. The committee on amend
ments then voted down 24 to 81.
Affirmative vote was wholly republican
the democrats voted in the negative and
were reinforced by Dawes, Miller, Cole,
Mitchell and Davis Qllinois); Malone
voted in the affirmative. The bill was
proceeded with up to sixth section pro
viding that all notes of existing banks
now in circulation shall be returned and
destroyed or cancelled, and new notes
bearing different devices and descriptions
substituted for them as they come in, and
are redeemed banks to pay the cost of
printing, new plates, etc. This
section as passed by the house pro
rided that whenever old circulation
was reduced to per cent. of capital stock
OF banks. Banks should deposit lawful
money for that per cent amount ALI
son said that it was the opinion of the fl
nance committee that ANY bank intending
10 eVade this provision could very easily
10 so by laying aside portion of its cir
cuiatlon and not taking new circulation
iof old, therefore they were unanimous
mat per cent. provision was unwise
ana all members, however. had agreed to
general propositson of the section They
'eheVed some three years would elapse
'oiofe the great body of these notes would
''ne IN under ordinary process of redemp
"'a ana had inserted three years period