Savannah morning news. [volume] (Savannah) 1868-1887, 1882-05-19
THE NATIONAL CAPITAL.
ATKINS COMMISSION MADE OUT.
Yesterday in COngress-The Banks
Charters ExtenHion-The Five Per
Cent. Land BiII-RaiIrOads and
Land Grants.

WAsHISGToN, May 1s.-The nomination
Of Atkins as Judge Of the new Georgia Dis.
tTict Court has been made out by the Attor-
ney General and forwarded TO the White
House for the Presidents signature.
Authority, of which there is no question
as to its authenticity. tonight says that the
appointment Of Bullock as member of the
Tariff Commission has been decided upon.
HOUSE PROCEEDINGS.
In the House, on motion of Mr.. Wise, of
Virginia, the bin was passed changing the
boundaries Of the Fourth Collection District
Of Virginia, and making Newport News
port Of entry.
The House then resumed consideration of
the bank charter extension rnl. the pending
question being on the amendment offered
BY Mr. BucknPr, OF Missouri, reducing the
period for which the banks msy extend
their charters from twenty 70 ten years. The
amendment was rejected yeas 80,
nsys 1l6
Mr.. Robertson, of Louisiana, moved TO
reduce the period TO two years. and, stating
that he would avail himself Of the latitude
allowed to the debate, proceeded to make
some remarks about the broken banks of
the Mississippi. praising the patriotic
message OF the President on that subject.
He then withdrew his amendment.
Mr.. Hammond, of Georgia, offered his
amendment providing that the Jurisdiction
In suits hereafter brought by or against any
national banking association, except suits
between them and the United States or its
officers or agents, shall be the same as the
Jurisdiction for suits brought by or against
hanks not organized under any law Of the
United States, which do or might do bank.
har-
association msy be doing business when
such suits may be begun. Agreed to with
out division.
Mr. Randall offered an amendment, pro-
viding that iu the Orgsniz alton of any bank
ing association intended to replace any ex-
isting banking associations and retain the
name thereof, the holders OF stock in the
expiring association shall be entitled to
preference in the allotment of shares of the
new association in proportion TO the nun
Der OF shares held by them respectively in
expiring associations. Adopted
Mr. Holman, of Indiana, offered an
amendment, providing that every banking
association which shall obtain the benefit of
this act shall pay the cost of preparing
plates for such new circulating notes as
shall be Issued to It, and also all other costs
incidents TO the substitution of such new
circulating notes for old in addition to the
tsx now imposed On banking associations
by law. Adopted.
On motion OF Mr.. Crspo, of Msssachu-
sets, the following amendment was inserted
at the end of section of the bill: "And
the franchises of such associations are
hereby extended for the sole purpose OF
iQuidsting their affairs until such affairs are
fiGally closed" " Section has reference 70
banking associations which do not avail
themselves OF the provisions of the act.
Mr.. Cannon. of Illinois, offered the fol-
Il
TO the bill: fThat national banks now or
ganiZed or hereafter organized, having a
capital OF Sl50.000 or less, shall not be re-
qutred tO keep or deposit with the Treasurer
Of the United States United States bonds in
excess of $40, 600 as surety for their circula-
ting notes, and such of these banks having
N deposit bonds in excess OF that amount
sre authorized 70 reduce their circulation
by the deposit of lawful money as provided
bV law. AdoDted-yeas l02. na7s 100.
Mr. Cannon moved to reconsider, and to
lay that motion on the table.
Mr. Randall demanded the yeas and nays
on the latter motion, stating that he hoped
that the House would traverse the action
lust taken. The motion to lay the motion
on the table was agreed tO-yeas III,
nays &c
Without further action the House ad-
jOurned.
SENATE PROCEEDINGS.
The Senate passed the bill appropriating
SD 27l to reimburse certain citizens OF
Henderson, Tenn, for excessive assessments
levied on them by Gen. Grant IN 1862.
The ) per cent. land bill was taken up as
unfinished business.
Mr. SaulbuIy's amendment, prohibiting
States receiving money from applying any
oi Il to pay agents employed to procure it,
was modified BY Mr.. Beck by adding thereto
the words, Except this be in accordance
with the law Of the State passed after the
passage of this act"
Mr.. Morgan offered an amendment which
was accepted by friends of the bill, requir-
ing the payment Of five per cent. to be
made In cash instead Of bonds. The bill
then went over.
The bill appropriating $50 600 for public
building st Greensboro, n. G., was passed.
After an executive session the Senate ad-
journed.
RAILROADS AND LAND GRANTS.
A report was made TO the House to-day
from the Judiciary Committee in the case
Of a land grant to q railroad IN Michigan, in
which the legal points involved cover the
cases OF many of the roads involved in Mr..
Cobb's bill. The railroad was not begun
within the time named, and the lands
included In the grant were placed
on the Warket by the government
and sold. Afterwards the construction of
the road wss begun, and on the completion
Of one section the company selected the
land already sold by the government or
pre-empted. The judiciary Committee
hold that the government has a right to de-
clare the unearned lands forfeited In this
and all similar cases at any time
after the expiration of the limit fixed for
the completiOn of the road in the granting
act, and shat, IL the road continues work of
construction after the expiration OF the
time fixed for its completion by the grant
ing act, It does so at risk of subsequent
forfeiture.
where the work of construction has been
prosecuted in good faith, and when no su-
perior intervening equities exist, forfeiture
be not declared, especially If the road when
completed will be Of great public value and