The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1882-02-02
THE ASSOCIATED PRESS.
Forty-seventh Congress.

cation was submitted from the secretary OF
the treasury, transmitting letters from Col
lector Robertson in relation to the difficulty
in obtaining search warrants for the discov-
cry of smuggled goods in New York.
A bill Tor public building Mt Peoria, IL
linois, was reported Evorably.
Mr.. Edmunds from the Judiciary com =
mittee, reported favorably with an amend
ment the senate bill re-establishing the
court of commissioners of Alabama claims,
and for the distribution of unappropriated
monies of the Geneva award. He eX-
plsined that the commi ttee recommended
the payment of losses by what are known
as ''eyculpated cruisers" and nothing else.
Mr.. Hoar gave notice of an amendment
TO strike out the provision in behalf OF 'eE-
.culpated cruisers" and to provide for in
surance companies. The subject was dis
posed Of by an arder directing the printing
of the bill and proposed amendments sep
arately.
provide for water route to facilitate trans
portation between Lake Michigan and Lake
Erie.
After the expiration of the morning hour
and the transaction of routine business of
no special importance, the senate resumed
consideration of the funding bill.
Bills were introduced defining the
powers and duties of the Mississippi river
commission: authorizing the appropriation
of land and material for the Improvement
of the Mississippi and its naviga-
BILE tributaries; prescribing the man
ner of assessing damages and providing
punishment for the hinderance of
such improvement also removing the duty
of 25 per cent. ad valorem upon newspapers,
periodicals. and magazines; for the admis-
sion of Arizona and Idaho into the Union
~, LOT IN ptpSt
a customs union treaty with Mexico; re-
lative to the establishment of a customs
union treaty with the Hawaiian Islands.
II authorizes the President to negotiate
with the government of the Hawaiian
Islands for the formation OF customs
union, to which the customs tariff of the
United States shall be applied in these
islands on goods coming from other ma
tions than the United States.
The committee on education and labor
reported back bill regulating the limit
and to suspend immigration of Chinese
laborers, and it was made the special order
for February 1th.
The consular and diplomatic appropria-
tion bill was reported. 1t appropriates
ali 81 los $50, being Si2425 less than the
amount appropriated last year, and S116,525
less tnan the estimates.
A resolution, calling for information as to
removals and appointments III the post
office department since March s, was
adopted.
A resolution was reported back calling
on the secretary of the interior to
communicate the decision of the
commissioner of the general land office
declaring the land grant made to the North
ern Pacific lapsed and the text of the de-
cision of his predecessor Carl Schurz) over
ruling the decision of the commissioner of
the general land office and restoring The
grant of land to the Northern Pacific with
out q reference of the subject to congress.
Adopted.
Mr. Pugh's proposed amendments were
accerted by Mr.. Vest as notifications of
his proposition.
ment offered by Mr.. Hawley
allowing banks TO, retire their
bonds deposited for circulation in amounts
not exceeding S5,000,0O0 per month, and
upon thirty days notice.
The discussion was confined to the
merits of the fourth section of the act
of 1874, which the amendment of Mr.. Vest
repeals and sections $3.50 and 5l60 of the
Revised Statutes, which it re-enacts
allowing any national bank to
deposit United States notes to the amount
of bonds it seeks to withdraw, and thereupon
to withdraw its bonds and reduce its
circulation, and requires it to have $50,-
600 instead of one-third its capital on de-
posit with the treasurer, irrespective of
the amount of its capital. The sec
tions of the revised statutes alluded
to revive an old law requiring one
third the capital of the bank to be beld by
the treasurer in United States bonds, pro
hibiting the deposit of greenbacks in lieu
of bonds and further requiring bank seek
ing to reduce its circulation TO deposit
its own notes, the latter feature being
one insisted upon in discussion, as pre-
venting combination of banks from con-
tracing currency arbitrarily without no.
tice.
Before action was reached Mr.. Hawley
got the floor and the senate went into exec
1tivc session and soon adjourned.
NS;sT's AMENDMENT.
Following is the text of the pending
amendment of Mr.. Vest TO the funding bill:
From and after the lst of July, 1852, 3
per cent. bonds authorized by this act shall
be the only bonds receivable as security for
national bank circulation, or as secur-
ity for the safe keeping and
prompt payment of public money
deposited with such banks hereafter organ
lied, and to banks applying hereafter for
increase of their capital to extend such in
crease; provided the secretary of the
treasury shall not issue all the
bonds herein authorized or so many
thereof as to make il impossible for him to
issue the amount of bonds required; and
provided further, that section 1 of the act of
January 20, 1874, entitled. AN act
fixing the amount of United
States notes, providing for the
redistribution of national bank currency
and for other purposes be, and the same
is hereby repealed, and sections $3.50 and
5leO revised statutes Of the United States
be. and the same are hereby re-enacted
with the word "any'' stricken
ont in said section, 5l50. and after the
word "interest' in said section, the words
''at the rate of three per centum" be m
ser. .
HAwLEY's AMENDMENT.
The amendment of Mr.. Hawley 10
the amendment Of Mr.. Vest inodifies the
latter by striking out the last
proyiso and then adding the following
NasrhnA nnr- national hanEinR assnointi ion