The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1882-01-13
Washington.


PROPOSED PENsI0N1NG or CONGRESSIONAL
s,pt oyygS--TAIK OF A NEW BANKRUPT
trw-FrxING THE NUMBER OF HOUSE MEN,
rges-THE LEGISLATION ASKED FOR FOR
vrpGlNIANs-THE WAYS AND MEANS COM
vrrrLY--rIIE SHERMAN REFUNDlNG BILL
Nrw MOVEMENT IN SILVER COINAGE, &C.
IRON oar Regular Correspondent
WASHINGTON, january PA lengthy
document recommending the purchase OF
the Franklin papers went TO the Senate
Committee on the Library to-day, OF which
NJ sherman is chairman. Ii was accom-
n,ried Nv A letter from Mr.. Blaine, who
thinks flew ought by all means to be Sc
orro1 ny the Government. They are the
same papers left by Franklin to his grand
.on The price Is $4,000, and private
nartjes are ready to buy them at that figure.
These parcrs give the history OF the efforts
made by the Colonies to avert war with
the mother country. the diplomacy of the
Americans during the Revolution, and the
neootia,ionS which resulted in the treaty Of
peace,
TO RETIRE EMPLOYEES OF CONGRESS.
Mr.. Anthony, OF Rhode Island, the
father Of the senate. has introduced bill
which provides that any person who shall
have been employed in the service Of the
senate or House OF Representatives for
fifty wears or upwards, and shall have at
tanned the age of siXty-two, may be retired,
and he shall after his retirement be entitled
70 receive. during his natural life, three
quarters oi the regular pay he was entitled
tv law 10 receive at the time Of his retire
nent This will retire Doorkeeper Bassett,
who fifty years ago was made page OF the
senate on the recommendation OF Daniel
Webster.
THE PROSPECTS OF A BANKRUPT LAW.
If has been already stated that there is a
careiully-prepared bankrupt law now be-
fore Congress which will be considered at
an early day in committee. l had talk
to-day with an officer Of Congress who has
held his position for twenty years, and he
said the chances are that q bill will be re-
ported before the session closes. He added
that II will he OF 4 permanent character,
and viii not allow preferred creditors. The
idea among those who favor law is to
throw around it every possible safeguard
against fraud. The petitions in favor OF
general bankrupt law have come from the
large commercial cities.
TIE APPORTIONNENT QUESTION.
The House Census Committee to-day held
ameeting, and the Hon. George ID. Wise
was present Nothing was done further
than to agree to take up the apportionment
question at the next meeting OF the commit
tee on Tuesday.
VIRGINIA MATTERS IN CONGRESS.
senator Johnston to-day laid before the
senate papers in the case OF Marshall Parks,
Of Norfolk. who is asking the Government
10 pay for the use of his canal; also papers
in the ease Of the heirs of Jacob sensenny,
OF Winchester. who want pay for buildings
rented bv the Government. Mr.. Wise's
bin for road from Richmond to the Ma
tiOnal cemetery is a copy OF that which
passed the last Congress for the construc-
ton Of a road from Nicksburg to the Ma
tional cemetery near that city. The Rich
mond Chamber Of Commerce has asked the
POst-Ofiice Department to establish two
daily mails between Richmond and Dan
vile.
SUB-COWsITTEEs OF THE WAYS AND MEANS.
The Ways and Means Committee to-day
appointed regular subcommittee to take
charge Of the different classes of bills which
come before il. Mr.. Haskell, OF Kansas, Is
chairman Of the subcommittee on the re-
fund OF the tobacco tax, and Mr.. Tucker is
amember Of it. Mr.. Tucker is also men,
Der Of the subcommittee on tarif-commis-
sion bills. Mr.. Carlisle is a member of the
subcommittee on proposed changes in the
internal revenue tax and Of the sub-com-
mitlee on the refund OF tax on distillcdsp
rts. The Ways and Means now consists OF
thirteen members. but there is a movement
on loot to increase IL to nineteen members.
TIE DEBATE on THE SHERMAN REFUNDING
BILL.
The debate on the Sherman 3 per cent.
funding bin was resumed to-day. Senator
Garland. o. Arkansas, made a strong
speech in favor Of the Vest amendment,
which requires the national banks to take
these per cent. bonds. He was followed /,
by Mr.. Plumb. Of Kansas, who took the /
same ground, and also spoke in favor of
taking fifty millions out Of the Treasury
right away and paying of that amount
Of the national debt. Mr.. Vest. in
reply 10 the declaration Of Mr. sber-
man that he did not believe the 3 per cent.
bonds could have been disposed Of year
ago, said the best financial minds Of the
country believed differently, as there was
more money afloat then than ever before,
and railroad securities went up from nor
NAL figure 10 over one hundred. He quoted
from the record 10 show that Mr.. Sherman
Wa wrong when he asserted that silver
was demonetized by the act Of 1853, and
l1t by the act OF 1873, and that no silver
dalars were coined between 1853 and 1873.
Il turned out, Mr.. Vest said, that silver
dollars were coined every year between the
Years named, and 10 the amount OF six mil
hons. In support Of these declarations he
read from the reports Of the Super
endent Of the Mint. Mr.. Sherman replied
70 the senator's named. He said that to
compel the banks TO take these bonds at
bsf would in the event OF disturbance OF
ne money market prevent the establish
neni " any new banks, and keep the old
uaoks from Increasing their issue. The
MieI dollars Gained between '63 and '73