Los Angeles daily herald., 1888-08-01
CONGRESS-.
Union Pacific Funding Bill
Reported.
RICHES OF THE CONFEDERACY,
Mills Presiding for Speaker Carlisle.
Plumb and the Geological
Survey.

Associated Press Dispatches to the HERALD.
WASHINGTON, July 30.-In the Senate
to-day Frye, from the select Committee
on the Pacific Railroads, reported the
Union Pacific Funding bill, providing for
settlement Of claim growing out of the
issue of bonds to secure the payment Of
all Indebtedness. He said:
"The bill is the Outhwaite bill as re-
ported to the House, containing many
amendments to the bill as it came from
the Commission originally. The Senate
report is signed by all the members Of the
Committee. The bill relates only to
the Union Pacific the Central branch
having nothing whatever to do with the
Central Pacific. The Committee found
much greater difficulty in formulating an
adjustment and settlement with the
Central Pacific than with the Union
Pacific, and is not prepared at the pre-
sent time to make any report touching
this Company. 1t is barely possible that
it may be necessary to amend the bill
when it is under consideration. 1t pro.
vides for funding the present worth of
the debt of the United States against this
corporation, and l desire that state.
ment of the process which l have and
will read, may be printed in the record "
Mr.. Frye read the paper referred to,
and said that the actuaries of the New
York Life Insurance Company had been
requested 70 present statement, and
that, if possible, (when received) the
Committee might want to offer it as an
amendment to the bill. The bill was
placed on the calendar, and the re-
port ordered to be printed.
sUNDRY RESOLUTIONS AND AMENDMENTS.
The Hoar resolution in regard TO the
appointment of committee of seven to
report on the relations Of commerce and
business existing between the United
States and Canada, was taken up and
adopted.
Consideration of the Sundry Civil ap-
preparation bill was resumed, the pend
ing question being on the amendment
upon the appropriation of $4,000 for a
public building at Atchison, Kansas.
The amendment was voted upon as
test question to decide whether any pub.
lie building amendments could be added
to the bill. The amendment was reject
ed by vote OF yeas 21, nays %.
The direct tax refunding bill was then
offered as an amendment to the Sundry
Civil appropriation bill, but ruled out of
order by the presiding officer as general
legislation.
Stewart moved an amendment provid-
ing that no part of the Appropriation bill
shall be used in the investigation of any
case, or in the prosecution of any person
in the mining regions for cutting, for
mining or domestic purposes, any part
of scrubbv timber, unfit to be sawed or
hewed into lumber of commercial value.
Agreed to.
WEALTH OF THE DEFUNCT GONFEDERACY.
Call offered the amendment appropri-
ating $40 900 to be expended at the dis
cretion of the Secretary of the Treasury
for the recovery of property OF the
United States, now held in adverse pos
session to the Government.
Sherman opposed the amendment, aud
spoke of the hope of recovering the prop
erty which had belonged to the Confed-
crate States as an Elusive one. The debts
OF those States are lien upon their prop
erty. q
Cockrell spoke of the fairy tales of the
wealth of the defunct Confederate States,
as being only equalled by the stories of
immense wealth stored up in England
belonging to American heirs. During his
remarks, Blair interrupted him with an
objection to the frequent use of the terms
"Confederate States" and Confederate
Treasury" Cockrell sarcastically in
quired if the Senator wished them called
"Rebel States" Blair said, Anything
you please, but don't say Confederate
States or Confederate Treasury, or any
thing of that kind"
After some further sarcastic discussion,
the matter went over until tomorrow
and the Senate adjourned.