The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1882-02-09

| under his direction, was considered. ~
committees amendment making the hall
receptacle for legislative rs well rs cxocutiy
documents were agreed to-
The bill passed.
Tie senate spent several hours discuss
Ing, without action, the order Of business pro
posed by Mr. Anthony, extending th'
morning hour until 1880, applying th
iiltcen.mnuto rule 10 debate, etc.
The house bill, admitting free of dut.
goods In bond contributed Tor the relief q
colorod immigrants from the southern
states to Kansas, was passed.
Mr. Conger introduced u bill to regulate
the carriage Of passengers by sea IL /
identical with the bill heretofore introduced
in the house.
The senate thereupon adjourned till Mon
day.
TEXT OF THE FUNDING BILL.
The following is the full text Of the three
per cent. bill rs it passed the senate to-
day:
Section /. BE it enacted, etc, that thu
secretary of the treasury is hereby author
lied to receive at the treasury and Office o
any assistant treasurer Of the United States
and at any postal money-ordeer ollict
lawful money Of the United States
to the amount of $50 or any
multiple of that sum, or any bonds of Tho
United States bearing-34 per centum in
terest, which are hereby declared valid, ant
to issue in exchange therefor an equa
amount of registered or coupon bonds of The
United States, of the denominations of $50,
500, $500, 81 900 and $4,000, OF such form
as he may prescribe, bearing interest at tho
rate of per centum per annum, payable ell
Their annually or semi-annually at the treas
ury of the United States. such
bonds shall be exempt from
all taxation bv or under state authority and
be payable at the pleasure of the United
States: provided, that the bonds herein
authorized shall not be called in and paid
so long as any bonds of the United
States heretofore issued bearing u higher
rate of interest than 3 per centum, and
which shall be redeemable at the pleasure
of the United States, shall be outstanding
and uncalled. The last of said
bonds originally issued and their
substitutes under this act shall
be the first called in, and this
order of payment shall be followed until all
shall have been paid. Money deposited I'M
der this act shall be promptly applied solely
to the redemption OF bonds of the
United States bearing 81 per cen
tum interest, and the aggregate amount
of deposits made and bonds issued under
this act, snail not exceed the sum of $780,
000,U 600. The amount of lawful money so
received on deposit, as aforesaid, shall not
exceed at any time the sum of $25, O00-
900. Before any deposits are received
at any postal money order office under this
act, the postmaster at such office shall file
with the secretary of the treasury his bond,
with satisfactory security, conditioned "a
he will promptly trans transmit e., td to
the money received by him in conformity
with the regulations, to be prescribed by
such secretary, and any deposit with any
postmaster at any time, shall not exceed
the amount of his bond.
Sec. q Any national banking associa-
ton now organized or hereafter organized,
desiring to withdraw its circulating
notes upon the deposit of lawful money with
provided in section 4, act of June 20, 1871,
entitled AN act fixing the amount of
United States notes, providing for the
Of national bank currency,
and for other purposes, shall be
required to give thirty days notice to the
of the currency of its intention
to deposit lawful money, and withdraw
its circulating notes; provided,
that not more than o'Goo,ooO
any calendar month for this purpose, and
provided further that the provision of this
section shall not apply to bonds called for
by the secretary OF the treas
ury.
Sec. 3.-That nothing in this act shall be
so constructed as to authorize an increase Of
The public debt.
HOUSE.
Rice. of Massachusetts, from the Commit
tee on foreign affairs, reported bill Tor the
relief of captains, owners crews and their
assigns, sufferers from the depredatiOns OF
the pri-vateer General Armstrong. Placed
Oh the private calendar.
The committee Onru es instructed Il sp-
resentative Reed to report tavorably l"So-
luton to create a select committe, on
suffrage, to consist--ot nine m"m-
bers.
The house went into committee d.. the
Whole on thepriyate calendar.
The first bill was one reported by Kelley
Of Pennsylvania, from the committee o,,.
ways and means. releasing the lhlladclr
phia & Reading railroad company from Tie
tax assessed on wages certificate hereto
fore issued by the company.
The bill was advocated and defended by
Hewitt, of New York, Dunncll, of Mhme,
and Kelley, Ward and Baine, of gem
syvania. 80,
Springer, Of Illinois, opposed THO bill,
and argued il was vicious class
LEGISLATION, and that congress should
pass the bill which was known as THE Pot
ter bill for the creation OF a tribunal to
which all claims against the government
should be referred
He commended the action of New York,
Illinois and other states, in
by their amended constitutions
all special and private Legislation, ana
showed them how that provision, had re-
luced the bulk of the volume of the laws
IN these states. He hoped during the
present session congress would puRthe seal
Of its condemnation on the vicious ana out
-aggous system of special class legislation.
The bill was for the benefit of stockholders
IF a railroad. and as William II. Napderbilt
owned majority of the stock, the plil was
really for the relief of William II. Wander
Dilt-a very poor but honest citizen OF New
York. Laughter =,
Dunnen, Of Minnesota, repealed all allu-
lions to Vanderbilt, as unworthy
he gentleman from Illinois, and
lrg1ed as matter of law
md fact these certificates were not in any
,ense circulating notes, and were therefore
rot liable to taxation.
Hammond. of Georgia, and Nell anc, Of
also spoke in opposition.
The discussion was further participated
n by Mutchler. Randall and Fisher, OF Penn
ylvania.
Finally Kelly moved that the bill Df laid
side to be reported favorably.
Camp. Of New York, moved an amend
nent that the bill be laid aside to be re-
iorted unidvorahlv.
The latter molten was adopted-l0y tdl9.
The committee then rose and the bill was
reported pack uniayorably. and was laid On
he table-that is, defeated. The amou4t
,nssue was 81, ST. ,0Jo, the tax on which Il
.4S3 zoo.
A motion 10 adjourn till Monday was re-\
rcted-ycas. 49,: nays, lej, and the houie
till tomorrow.
NOwIN ALTON.
The president nominated Charles e. Al
en- n be United States marshal Of the west
rn district Of Missouri.
COMMITTEE WORK.
The senate committee on territories re-
erred the various Dakota bills TO a sub-cOm-
nittee consisting Of Senators Saunders,
iarfis0n and Garland.
HOUSE.
WAFutvGrox. February "A resolution
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