Los Angeles daily herald., 1886-12-08
WASHINGTON.
Both Houses Get Down to
Their Work.
GRINDING OUT NEW LAWS.
ingalls, Gets After Sparks-The
House on the Tariff
Question.
Especial to The Herald By the Associated Press.
SENATE.

Special to The Herald By the Associated Press.
SENATE.
WASHINGTON, December 7.-Senator
ingalls, made statement concerning
the withholding from homestead entry
of the Atlantic and Pacific railroad
lands in New Mexico, declared forfeited
by the act of July 6, 1856, intimating
that the fault lay with the Commissions
of Public Lands, who seemed to regard
every pre.emptor as kleptomaniac.
Morrill, offered the following reso.
luton:
Resolved, That the the promise of
making any revision of the tariff is in
a spirit of fairness to all interests, not to
injure any domestic industries bnt to
promote their healthy growth, so that
every change of law must be at every
step regardful of the labor and capital
involved and without depriving Ameri.
can labor of its ability to compete sue
cessfully with foreign labor, and with
out imposing lower rates to-day than
will be ample to cover any increased cost
of production which may exist in conse-
quence of the higher rate of wages pre-
vailing in this country appears so obvious.
ly hopeless and impracticable that any
further attempts at revision by the pres.
ent Congress in contravention to the
foregoing cardinal declarations are re.
garded as ineXpedient and detrimental
a % yiyaI of tho la a,I ,,.Z IS
the country, was laid over until to.mor.
row.
Dawes offered the followed resolution,
which was also laid over and ordered
printed:
Resolved, That the Committee on Fl.
nance be instructed to inquire and re-
port as soon as practicable, what
specified reduc ion can be made in Gus
tom duties and internal taxes which will
in their judgment reduce the receipts of
the necessary and economical expendi-
lures OF the Government without i'm.
pairing the prosperity and development
of the home industries or the compen.
sation of home labor.
On motion the Hoar Pacific Railway
Funding bill was made the special order
for December 2lst at . o'clock, with the
same rights that it now has.
HOUSE.
Mr.. Crane, of Texas, introduced a
joint resolution in the House to-day pro-
posing to amend the Constitution S as
to change the date of meeting of Con-
gress to the second Tuesday in January.
After reading the journal, by unani-
nous consent the States were called for
the introduction of bills and resolI.
tions, when. the following were intro
duced and referred:
By Adams, of Illinois-To change tie
law in relation to the amount of United
States bonds required to be kept on de-
posit by National banks as security for
their circulating notes. 1t provides
that banks having capital of $500. 900
or less shall not be required to keep on
deposit bonds in excess of one.tenth of
their capital stock as security for their
circulation notes, and such banks as have
on deposit bonds in excess of this
amount are authorized to reduce their
circulation by a deposit af lawful money
as provided by law; provided that the
amount of such circulating notes shall
not exceed 80 per cent. of the par
value of bonds deposited, as herein pro.
vided.