Democratic Sentinel, Volume 3, Number 12, Rensselaer, Jasper County, 2 May 1879 — FINANCIAL LEGISLATION. [ARTICLE]

FINANCIAL LEGISLATION.

Some of the Bills Now Pending in Congress. We print below a partial list of the bills relating to finance introduced in Congress during the extra session: By Mr. F. Wood—Providing for the abolition of >ll bonds for duties on imported merchandise while it remains in the custody of the Government By Mr. Shallenberger—Regulating the exchange of* silver bullion for the standard silver dollar, and providing that gold and silver jointly, and not otherwise, shall be a full legal tender. By Mr. Murch—To prevent the further, increase of the bonded indeb edness of the United States. Also, for the issue of fractional currency. Also, for retiring the trade dollar and for the redemption of fractional silver coin. By Mr. Phelps—Providing for circulation by the national-banking institutions of notes of a less denomination than >5. By Mr. Scales—Declaring the standard silver the tax of 10 per cent on State banks. By Mr. Felton—Compelling the national banks to recognize and receive the standard silver dollar as equivalent in value to the gold coin of the country. Also, making the trade dollar a legal tender. By Mr. Stephens—To perfect the metric standard of value, and to provide for the issue of gold and silver bullion certificates. Also, repealing the existing tax on State banks ana equalizing tbs' tax on all legally chartered banking institutions, whether State or Federal. Also, authorizing the coinage of a new metric gold coin for international use, to be known as the “Stella.” Also, authorizing the coinage of certain goloid coins. Also, permitting the deposit of ingots of gold alloy in the treasury, and the issue of certificates therefor. By Mr. Ewing—For the retirement of ihe circulating notes of national banks. Also, for the issuing of silver coin certificates and their exchange for silver bullion at the current market rate. Also, for the interchange of fractioual currency and legal-tender currency. Also, authorizing the re-coinage of the trade dollar. By Mr. Bright—For the free coinage of the silver dollar, and making the trade and Mexican dollar legal tender. Also, to prevent a reduction of the national currency by fraudulently retiring legal-tender notes. By Mr. Cobb—Providing for local taxation of United States legal-tender notes. By Mr. Hostetter—Directing the Secretary of the Treasury in certain cases to redeem inter-est-bearing bonds in silver dollars. By Mr. Singleton—For the issue of additional amount of United States notes, and directing the uses to which it should be applied. By Mr. Sparks—Authorizing the deposit of silver bullion and the issue of certificates therefor. By Mr. Fort—For the exchange of the trade dollar for the legal-tender silver dollar. By Mr. Buckner—To retire the national-bank notes. Also, requiring the reserve of the na-tional-banking associations to be kept in standard gold and silver coin of the United States in lisu of lawful money. By Mr. Culberson—For unlimited coinage of silver. Also, to abolish national banks and to substitute treasury notes for national-bank currency. „ By Mr. Weaver—Directing the Secretary of the Treasury to pay the standard silver coin without discriminating. Also, directing the issue of >600,000,000 of United States notes to be paid out as Congress shall hereafter direct Also, authorizing the issue and circulation of >50,000,000 of fractional currency. By Mr. Price—Making the trade dollars a legal tender. MISCELLANEOUS BILLS. The following bills, relating to various matters, have also been introduced: By Mr. New—To reimburse the several States for interest paid on war loan By Mr. Brents—For the admission of the State of Washington into the Union. By Mr. Stephens—Proposing a constitutional amendment prohibiting the payment of Southern war claims. • By Mr. McLane—Prohibiting the officers of the navy and naw contractors from contributing money for political purposes. By Mr. Hunton—For the relief of owners and purchasers of lands sold for direct taxes in the insurrectionary States. By Mr. Cabell—Abolishing the tax on spirits distilled from apples, peaches, and other fruits. By Mr. Goode—To apply the proceeds of the sale of public lands to the education of tbe people. Also, to restrict emigration of the Chinese. Also, for the removal of political disabilities. By Mr. Chalmers—To prevent corruption in elections. Also, to aid the education of the colored race. Also, to complete the system of Pacific railroads. By Mr. Ellis—To secure from less depositors in the Freedman’s Saving and Trust Company. Also, to aid in the construction of a railroad between the lower ports on the Mississippi river and the Pacific ocean. Also, for providing for an ocean mail steamship service between the United States and Brazil By Mr. Joyce—Proposing a constitutional amendment prohibiting the payment of claims of disloyal persons for property destroyed during the late war. By Mr. Harris—For the completion of four double-turreted monitors. By Mr. Rice—Extending the time for the completion of the Northern Pacific railroad. By Mr. Gillette—To reduce salaries, wages, fees and compensations paid by the Unitea States. By Mr. Sapp—To encourage inter-State migration. By Mr. Frost—For the organization of the Territory of Oklahoma. By Mr. Gunther—Granting 320 acres to each survivor of the Mountain Meadow massacre. By Mr. Reagan—To regulate inter-State commerce and to prohibit unjust discrimination by common carriers. Also, to allow the purchase and registry of foreign-built ships by United States citizens, By Mr. Dunnell—To repeal the Pre-emption laws. Also, to establish a foreign mail steamship service. By Mr. Whiteaker—To prohibit contracts for servile labor. ’■ By Mr. Fort—To establish a National Board of Agriculture. By Mr. Townshend—To regulate the commerce of the several States. Also, proposing a constitutional amendment prohibiting the payment for losses sustained during the war in the insurrectionary States. By Mr. Young, of Ohio—Authorizing the Secretary of the Treasury to issue bonds for the payment of arrears of pensions. By Mr. Thomas Turner—For an income tax. Also, making it illegal for any member of Congress to act as advisory counsel for any corporation as patentee. Also, directing the Committee on Civil Service Reform to inquire into the propriety of limiting executive patronage by constitutional amendment. By Mr. Whitthorne—Authorizing the appointment of a joint special committee to inquire into the causes leading to the removal of large bodies of colored citizens from the Southern States to certain other States. By Mr. Felton—Repealing the duty on quinine.