Morning journal and courier., 1888-04-17
Fiftieth Gongress--First Session.
WASHINGTON, April 1s.

! " ASd1h0TON1 APAA AV'
 SENATE.-On motion of Mir. Farwell the bill providing for the investment Of certain funds in the treasury was taken up and MT. Farwen proceeded to address the Senate on the financial question. He gave notice of his l intention to offer two amendments to the bill. One of them directs the Secretary ot 1 the Treasury to issue and sell to national banks at par for United States notes United l States 211 per cent. bonds redeemable after l fifty years to be used by the banks as secur- 1 ity for their circulating notes-notes to be issued to the full par value of the bonds. It also directs the Secretary of the Treasury to invest the surplus funds held in the treasury 1 Gncluding the amount to be received for these boDds) in the purchase of any United States bonds in open market, and It repeals all the sinking fund laws. The other amendment authorizes the Secretary Of the Treasury Gin order to enable the national 1 banks to maintain and increase their circula- ton and to prevent the ultimate destruction of the banks by the purchase or payment of the national debD to receive from the banks Ito secure their circulating notes, State, coun- ty or municipaD bonds of the United States upon which interest has heretofore been promptly paid and whose market value is equal to or greater than their par value bear ing interest at not less than four per cent. Such bonds, however, are not to be received by the treasurer of the United States at moro than 75 per cent. of their par value or until the approval of the Secretary of the Treasury or treasurer of the United States and comp troller of the currency shall have been en- dorsed upon them.
 Mr. Reagan and Mr. Stewart alse spoke and at the close of MT. Stewards remarks the Senate resumed consideration of the bill for the admission of the State of South Dakota ard for the organization of the territory of North Dakota. Mir. Spooner addressed the Senate in favor of the bill.
 Mir Vest obtained the floor in oDDOsition to the bill.
 Mr. Plstt suggested an understanding to have the vote on the bill taken to-morrow, but Mr. Butler said he could not agree to it. The bill went over till tomorrow. Messages from the President as to the seiz- ure of steamships belonging to the Venezue- Ian Steam Transportation company and veto ing two private pension bills were read and referred to committee The Senate went into executive session and at 4:45 adjourned. HousE.-The call of States having been concluded MT. Blanchard, of Louisiana, moved to suspend the rules and put the river and harbor bill upon it's passage. The reading of the bill consumed nearly an hour and a half. MT. Anderson, of Kansas, de manded second and the motion was second- ed, yeas 128, nays 45.
 Mr. Sowden, of Pennsylvania, moved that the House adjourn. The motion was lost; yeas GA, nays TO.
 MT. Bayne, of Pennsylvania, said that he would have preferred to have the bill con- sidered in committee of the whole, item by item and paragraph by paragraph, but such an opportunity would not present itself to this Congress. The tariff bill would be taken up and would occupy eight, ten or twelve weeks. None of the appropriation bills ex- cept the military academy bill had yet been considered. In view of this fact it would appear clearly to practical men that if there Is1 i~s. it must be passed under a suspension of the rules.
 MT. Anderson, of Kansas, protested against the attempt to force through the House in the middle of the session river and harbor bill carrying $20,000;000 without any possi- bility for the members to examine it in de- tail
 Messrs. Sowden of Pennsylvania, Reed of Maine, Cox of Kentucky and Adams of Illi- nois also opposed the pending measure. MT. Blanchard favored it.
 The motion to suspend the rules and pass the bill was lost; yeas 133, nays 102, not the necessary two-thirds in the affirmative The negative vote wes as follows:
 Adams Allen of Massachusetts Allen of Michigan, Anderson of Louisiana, Anderson of Kansas. Ar Bah Bs CT, Brumm, Buchanan, Bunnell. Burns, Butler, Campbell of New York, Bandler. Gannen, Cheadle' mings, DalzelI. Darlington, Davenport, Dingley, Dorsey ERsoe G9a0f Hal. Hatch, Henderson of Florida, Henderson of Illinois ana of NorR ca4es Kean. Kelley, Kerr, Lawler, L Lehlbach lo Lodge eP Mee0 Moat Mor Till. Morse, Nichols, o'Neil Of Pennsyl
 sa se fu fs Reed well, Powell, Ryan, Scull, Seney Sowden. Spoouer, TayIor of Ohio Turner of Kansas Vance, WeaVer Whiting, Whittehorne-102.
 The following gentlemen who have voted against the bill were paired: Yardley ,Kilgore, Wade, Heard, Richardson, Ketcham, Mo- Cerwiek, Stemart of Vermont and Springer
 The next committee called was the com- mittee on merchant marine and fisheries. MT. Dunn, the chairman, waived the right of the committee and yielded the floor to MT. Will kins of Ohio, who moved to suspend the rules and adopt the following resolution:
 Resolved, By the House of Representatives that it is the sense of this house that section of he act making appropriations for sundry civil purposes" approved March 3: 1881; which may at any time apply the surplus money in the treasury not otherwise appropriated much or sses that the bonds so purchased or redeemed shall con deep1ed and cancelled was intended to be a per mahent provision of law, and the same is hereby declare to have been since it's enactment and to be in the opinion Of the House. full force and effect.
 Mr. Wilkins explained that the sole object of the resolution was that the House should declare it's interpretation of law, there being some doubt in the mind of the President up on the subject.
 Considerable opposition to the measure was developed, MT. Weaver pronouncing it trick and attempt to defeat the Beck amendment to the House bill now before the Senate authorizing the Secretary of th eTreas- Uru fo huv wit ha ha amendment authorizes the Secretary of the Treasury to coin silver dollars to take the place of national bank notes that might be reduced.
 The Bland also smelt a mouse.
 Mir. Hatch, of Missouri, denied that there was any intention to defeat the Beck amend ment.
 The resolution was finally adopted yeas 13S, nays GA. The following is the negative vote:
 Abbott Anderson of Illinois, Anderson of Kansas, Atkinson, Baker of Illinois, Bland, Brower Brumm, cry Dorsey, Fisher, Fuller, Gsst, Glover, Grimes, Heard Henderson of Iowa, Henderson of Illinois, Virginia, Hovey, Johnston of Indiana, Johnston of North Carolina, Jones' Kelley, Kerr, Kilgore, Laid MScDonaid, Martin, Masoa, McCiaminy. ackenna, McRhea, Nelson. Nichols. Norwood, Pennington. stewart of Texas Stockdale, Tillman. Wade. War. nsr Weaver, Whiting, Wilkinson
 The Speaker laid before the House mes. sage from the President vetoing the bill for and message were referred to the committee on invalid pensions.
 The House at o'clock adjourned.
 DEATH OF MATTHEW ARNOLD. A Sensation In Literary Circles Tn
 London.
 LONDON, April 16.-A sensation has been