The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1884-01-15
THE HOUSE.
a Number of Important Bills Introduced
and Referred.

A Number of Important Bills Introduced
and Referred.
W~AsHINGToN, Jan. 14-In the House bills
were introduced as follows:
By Mr.. Bedford: To promote the public vel
fare by securing reasonable rates of transporta-
ton on railroads aided by the issue of United
States bonds. 1t reciteS that the annual re
ports of the Union and Central. Pacific railroads
show large sums as net earnings above 10 per
cent, and provides that the tariff of charges for
local and through freight shall be reduced to
one half the average rate existing in 1882 and
1888, without regard to classification.
By Mr.. Elwood: Authorizing the organiza-
ton of national banking associations with cir
~culating currency secured by gold and silver.
By Mr.. Finerty: To organize infantry regi-
ments in the United States: also. to regulate
promotion and increase the efficiency of the
army.
By Mr.. Durham: For the establishment of a
department of commerce; also, to authorize the
Secretary OF the Treasury to issue 2 IL per cent.
forty year bonds.
By Mr.. Hit: To place sugar and molasses on
the free list.
BY Mr., Wood: To admit free of duty wood
pulp, lumber, wood, and salt; also, to reduce to
IS per cent ad valorem the duty on colored and
bleached cotton goods.
By Mr.. Clay: To repeal the civil-service act.
By Mr. Willis: To prevent persons under fcti-
tious names prosecuting claims before the eXecu-
tive departments.
By Mr.. Money: To regulate the compensation
of railroad companies for the transportation of
mails.
By Mr.. Morgan: To abolish postage on e
papers.
BY Mr.. ONeill, of Missouri: Donating Creve
Cour lakes to the city of st. Louis as a pleasure
resort for the working classes.
By Mr.. Ferrell: A protest from American
workmen against the importation of foreign la
Dor under the contract system.
Mr.. Cox, of New York: For the repeal of the
law prohibiting ex-confederate officers from
serving in the United States army.
By Mr.. Warner. of Ohio: For the retirement
of the trade dollar.
BY Mr.. Taylor. of Ohio: Authorizing national
banks in villages of less than 20, 600 population
to make loans TO the extent of the capital stock
on mortgages and real estate; providing the ma
tional bank, whose capital is not less than $50,
900, is entitled to receive circulating notes equal
to the amount Of so per cent. par value of bonds
deposited.
By Nh. Miller, of Texas: To provide for the
redemption of circulation of national banks. 1t
provides that whenever any national bank shall
expire or go into bankruptcy, or whenever the
bonds deposited by them shall be called for the
purpose of redemption, it shall be the duty of
the United States Treasurer to pay such banking
association the difference between the amount
of national bank-notes issued it and which are
still outstanding, and the face value and interest
due upon the bonds deposited. Thereupon the
bonds thall be cancelled and held to be paid. The
Secretary of the Treasury is authorized
to cause to be printed treasury notes
to an amount equal to the outstanding
circulation of national banks, payable on de-
mand in gold and silver at the Office of the assist
ant treasurer in New York when presented in
sums of not less than 800. and receivable for all
3public and private dues. Whenever any circu-
lation of a national bank shall be presented to
the Treasury for payment it shall be paid and
discharged with the notes herein provided for.
AL laws are repealed which require national