The Rock Island Argus. (Rock Island, Ill.) 1877-1885, 1882-06-20

Pa0oaSc VI ulh as IOllOWS: Enactlng that
IN case of removal, death, resignation or
inability of both president and vice presi-
dent, the secretary of state shall act as
president until the disability is removed or
until the end of the time for which the
president has been elected, such officer be-
ing eligible to the presidency under the
constitution and not under articles of inn
parchment by the house of representatives
at the time the office had devolved
upon him. This section provides that
If there be no Secretary of State or in case
of his removal, disability, ETC., then the
Secretary of the Treasury shall so succeed
to the Presidency as provided, or in case
OF the disability of the Secretary of the
Treasury, then the Secretary of War shah
succeed and so on in regular order the
Attorney General, the Postmaster General,
the Secretary of the Navy or Secretary of
the Interior shall act until the disability is
removed or TO the termination of the
Presidential term. Section two provides
that the preceding section shall only be
held to describe and apply to these officers
who shall have been appointed by the ad-
vice and consent of the senate to the off,
GERS therein named. Section three pro-
vides thrt section 146, 147, 14S, 149 and
$50 of the revised statutes are hereby re-
peated.
Hoar said he had aeen directed by the
committee to call his bill up when printed,
and press its speedy passage. The bin was
ordered printed and recommitted. The
senate then took up the house bill to
regulate the carriage of passengers by sea.
Conger said the object OF. the bin was
to protect immigrants on shipboard by
preventing. their promiscuous interming
ling without regard to sex and to enforce
necessary sanitary regulations,
The bill was passed without dissent.
The joint resolution reappropriating
$379, 600 voted in 1877 to pay southern
mail contractors. passed as variously
amended at the instance of Conger
The river and harbor bill being received
from the house was referred to The com-
miltee on commerce and Kellogg gave
notice, that he proposed amendments as
follows; Striking out the provision for
the Mississippi river restriction in regard
to levees and providing direct appropria
ton of 100000 for the Improvement of
the river; also inserting 100000 fer the
improvement of the harbor at New Or
leans. The amendments went to the com
mittee on commerce.
Garland moved a reconsideration of the
vote by which the house bill relating to
distilled spirits in bonded warehouses was
indefinitely postponed. Entry was made
of motion, but no action taken.
Hale, Ransom and Cockrell were ap-
pointed conferees on the military academy
appropriation bill.
House bin to extend charters of national
banks came up as unfinished business,
with. Hawley temporarily in the. chair.
The question was upon the eighth section
wich provides that banks with $50, 900 or
bondsyn excess of 100000 as security for
their notes, etc. Allison moved the fol
lowing as a substitute for section eight:
That national banks now organized or
hereafter organized, having capital of
100000 or less, shall be required
to keep on deposit or to deposit
with the United States treasurer, bonds in
excess of one third of their capital stock
as security for their circulatin g notes. and
such of these banks having on deposit
bonds in excess of that amount are author
lied to reduce their circulation by the de-
posit of lawful money, as provided by
law; provided, that the amount of such
circulating notes shall not exceed mine per
cent. of the bonds deposited as herein pro-
vided. The new section further provides
for assessing banks with the cost of trans
portation of redeeming the notes. Voor-
hees then addressed the senate in a long
arraignment of the national banking sys
tenn, after which discussion he proceeded
upon whether the eighth section
should be stricken out or perfected as pro-
posed.