Southern standard. (McMinnville, Tenn.) 1879-current, 1882-02-11

furtOer discussion on the sherman funding
bill was confined to the merits of the fourth
section OF the act of 1874, which the
amendment OF Mr. Vest repeals, and sections
b,l59 and D. 100 of Revised Statues, which IL re.
enacts. Among bills introduced in the
House was one by Mr. Berry proposing con-
sututional amendment making person
holding the Office of President Ineligible for
reelection, providing that ut the end of his
term OF office the President shall receive a
pension of $1,000 per annum, and declaring
cabinet officers ineligible for election to the
Presidency for the term following that during
which they held such Office. 80, ...t
MEssRs. HAwLEY and ingalls, discussed
the Sherman funding bill in the Senate on the
3lst. Mr.. Vests amendment was rejected
yeas IS. nays 49, Mr. Plumbs amendment
was agreed to-33 to 90. II is as follows:
THAT the Secretary of the Treasury
shall use all of the funds now in the
Treasury for the redemption of United States
notes, in excess of 100000 O in redemption
of bonds of the United States, such redemp-
ton to be made in not less than three install.
ments, and said sum of $780, 900, 900 so lett in
the Treasury shall not be increased or dimin-
ished, except in redemption of United States
notes.. The Speaker of the House stated
the regular order to be the question of
f-ofornnna NJ tho Joint ttN,Ii uvuu
some weeks ago by Mr.. Robson IN. ~ to de-
clare certain lands heretofore granted
to railroad companies forfeited to the
United States, and restore the same to the
public domain, and open the same to settlers
Mr.. Robson withdrew the resolution, and in
troduced in lieu of It one which applied to all
railroads except the Pacific Railroads, in ref
erence to which bills had already been intro.
duced. Referred to Judiciary Committee.
WHEN the three percent. bond bill was
reached in the Senate, Feb. LIST, Mr.. Morgan
advocated, rs an additional section, an
amendment as follows: That the agreement
made with the holders of bonds of the United
States since the adjournment of the Forty
sixth Congress by which the rate of interest
on such bonds Is reduced to 81 per-
| centum per annum Is hereby folly ratified
and confirmed according to the terms and in
| tent of said agreement. The amendment was
modified and adopted without vote as also
the provision offered by Mr.. Davis, of West
| Virginia, declaring that nothing in the act
shall be so construed as to authorize the in
| crease OF the public debt. The bill was then
| reported from Committee of the Whole
and, the question being upon agree.
| ing to the amendments as whole,
Mr.. Sherman asked tor separate vote
upon Mr.. Plumb's amendment applying the
surplus revenues over 500, O00, 900 to the reduc-
ton OF the public debt He said il the propo-
sition was not stricken out he and others who
! had acted with him would be compelled to
vote against the bill. House concurrent res
olution fixing the 9th of February as the day
! for the Garfield memorial services was CON
! CURED in. Tine Post office appropriation
|
| taken
FURTHER discussion OF Mr.. Plumbs
amendment to the three-per cent bond bill
in the Senate. Feb. 2, resulted in its rejection
yeas IS, nays p. Debate followed on the
amendment proposed by Mr.. Ingalls, and
m modified :. by .. Mr.; Ho9r viii, which was
words words which are hereby declared red
valid" in the first section, making the section
read "that the Secretary of the Treasury is
hereby authorized to receive mt the Treasury
and at the Office of any Assistant Treasurer OF
the United States, and at any postal money
order office lawfulmoney of the United States
to the amount of $50, or any multiple OF that
sum- on any bonds of the United States bear
ing 81 per cent interest, which are hereby
declared valid, and to issue in exchange
therefor an equal amount of registered OF
coupon bonds" ......In the House, Mr.. Bling.
ham tPa.) advocated an amendment to the
Post office BIZ increasing by 100000 the ap.
preparation for expenses of the free delivery
| system, urging its extension and an increase
of salary to letter carriers.
FEB. 8, the Senate took action on the
Saunders bill to extend the northern boun
Diary of the State of Nebraska. Mr.. Edmund,
thought the act should he subject to all the
limitations pertaining to the original act fol
the admission of Nebraska into the
| Union. Tie only point that now occurred tC
him was in reference to the free navigation
of the Missouri River. He offered an amenu
ment putting his suggestion into effect
Adopted. The bill then passed Mr.
Hawley's amendment TO the funding bill, lin.
ting Withdrawals of bank circulation, unde
the fourth section of the act of 1874, to s., 000
900 per month, and requiring thirty days pre-
vious notice thereof, was adopted
and the bill was passed by
vote of 50 to IS The bill appropri
ating 500 900 for a site for War Department
building, rs amended in committee, was also
passed. Adjourned till Monday, 9Th. =. The bill
releasing the Philadelphia Il Reading Rail
way Company from the tax assessed on wages
certificates heretofore issued was reported
back unfavoraby and tabled-l0) to 40. !
motion to adjourn till Monday was rejected
yeas lOI nays los.