-.

"SEC.

That the Secretary of the Treasury shall report to Congress, immediately after the commencement of the next session, the amount he has borrowed under the provisions of this act, of whom, and on what terms, with an abstract of all the proposals, designating those that have been accepted and those that have been rejected, and the amount of bonds or Treasury notes that have been issued for the same."

Which was rejected—yeas 14, nays 28:

YEAS-Messrs. Beck, Call, Cockrell, Coke, DAVIS of Illinois, Eaton, Farley, Garland, Harris, Jonas, Lamar, McDonald, McPherson, Maxey-14.

NAYS-Messrs. Allison, Bayard, Blair, Burnside, Butler, Ferry, Groome, Hampton, Hereford, Ingalls, Kernan, Kirkwood, Logan, McMillan, Morgan, Morrill, Pendleton, Platt, Plumb, Pugh, Rollins, Slater, Teller, Vest, Voorhees, Wallace, Williams, Windom-28.

The amendment of Mr. KIRKWOOD was then agreed to without a division.

Mr. McDONALD moved to amend so as to make the interest on the bonds "at a rate not exceeding three per cent." which was agreed to-yeas 22, nays 17:

YEAS-Messrs. Beck, Call, Cockrell, Coke, DAVIS of Illinois, Eaton, Farley, Garland, Groome, Harris, Hereford, Jonas, McDonald, McPherson, Maxey, Pendleton, Pugh, Slater, Vest, Voorhees, Wallace, Williams—22.

NAYS-Messrs. Allison, Bayard, Burnside, Butler, Ingalls, Kernan, Kirkwood, Lamar, McMillan, Morgan, Morrill, Paddock, Platt, Plumb, Rollins, Teller, Windom—17.

The bill as amended, was reported to the Senate.

February 18-Mr. BECK moved to amend in section three so as to limit the expense to one"third" of one per cent.

Which was disagreed to-yeas 27, nays 32: YEAS-Messrs. Beck, Booth, Cockrell, Coke, Farley, Garland, Groome, Hampton, Harris, Hereford, Hill of Georgia, Ingalls, Jonas, McDonald, McPherson, Maxey, Morgan, Pendleton, Pugh, Randolph, Slater, Vance, Vest, Walker, Wallace, Williams, Withers-27.

NAYS-Messrs. Allison, Anthony, Bailey, Baldwin, Bayard, Blair, Burnside, Butler, Call, Cameron of Pennsylvania, Cameron of Wisconsin, DAVIS of Illinois, Dawes, Eaton, Ferry, Hamlin, Hill of Colorado, Hoar, Johnston, Kellogg, Kernan, Kirkwood, Lamar, Logan, McMillan, Morrill, Platt, Rollins, Saulsbury, Saunders, Teller, Windom-32.

Mr. BLAIR moved to insert in the fifth section after the word "circulation" where it first occurs, the words "issued after that date.”

Which was disagreed to-yeas 28, nays 33: YEAS-Messrs. Allison, Baldwin, Bayard, Blair, Burnside, Cameron of Pennsylvania, Cameron of Wisconsin, Dawes, Eaton, Ferry, Groome, Hamlin, Hampton, Hill of Colorado, Hoar, Kernan, Kirkwood, Logan, McMillan, McPherson, Morrill, Paddock, Platt, Randolph, Rollins, Teller, Wallace, Whyte-28.

NAYS-Messrs. Bailey, Beck, Booth, Brown, Butler, Call, Cockrell, Coke, DAVIS of Illinois, Farley, Garland, Harris, Hereford, Hill of Georgia, Ingalls, Johnston, Jonas, Lamar, McDonald, Maxey, Morgan, Pendleton, Plumb, Pugh, Saulsbury, Slater, Thurman, Vance, Vest, Voorhees, Walker, Williams, Withers-33.

Mr. BAYARD moved to strike out the fifth section; upon which Mr. PLUMB called for a division of the question.

The motion to strike out the first division, which embraced that part of the section which precedes the proviso, was then disagreed toyeas 29, nays 32:

YEAS-Messrs. Allison, Anthony, Baldwin, Bayard, Blair, Burnside, Call, Cameron of Pennsylvania, Cameron of Wisconsin, Dawes, Eaton, Ferry, Groome, Hamlin, Hampton, Hill of Colorado, Hoar, Kernan, Kirkwood, Logan, McMillan, McPherson, Morrill, Paddock, Platt, Rollins, Teller, Wallace, Whyte-29.

NAYS-Messrs. Bailey, Beck, Booth, Brown, Butler, Cockrell, Coke, DAVIS of Illinois, Farley, Garland, Harris, Hereford, Hill of Georgia, Ingalls, Johnston, Jonas, Lamar, McDonald, Maxey, Morgan, Pendleton, Plumb, Pugh, Saulsbury, Slater, Thurman, Vance, Vest, Voorhees, Walker, Williams, Withers—32.

The motion to strike out the latter portion of section five was then disagreed to, without a division.

Mr. BAYARD moved to amend by fixing the rate of interest on the bonds three "and onehalf" per cent.; which was disagreed to—yeas 26, nays 37:

YEAS-Messrs. Allison, Anthony, Baldwin, Bayard, Blair, Burnside, Cameron of Pennsylvania, Cameron of Wisconsin, DAVIS of Illinois, Dawes, Ferry, Groome, Hamlin, Hampton, Hill of Colorado, Hoar, Kernan, Kirkwood, Logan, McMillan, Morrill, Paddock, Platt, Rollins, Whyte, Windom-26.

NAYS-Messrs. Bailey, Beck, Booth, Brown

Call, Cockrell, Coke, Eaton, Farley, Garland, Grover, Harris, Hereford, Hill of Georgia, Ingalls, Johnston, Jonas, Lamar, McDonald, McPherson, Maxey, Morgan, Pendleton, Plumb, Pugh, Saulsbury, Saunders, Slater, Teller, Thurman, Vance, Vest, Voorhees, Walker, Wallace, Williams, Withers—37.

The bill was then passed-yeas 43, nays 20: YEAS-Messrs. Bailey, Bayard, Beck, Booth, Brown, Butler, Call, Cockrell, Coke, DAVIS of Illinois, Eaton, Farley, Garland, Groome, Grover, Hampton, Harris, Hereford, Hill of Georgia, Ingalls, Johnston, Jonas, Kernan, Lamar, McDonald, McPherson, Maxey, Morgan, Pendleton, Plumb, Pugh, Saulsbury, Saunders, Slater, Thurman, Vance, Vest, Voorhees, Walker, Wallace, Whyte, Williams, Withers-43.

NAYS-Messrs. Allison, Anthony, Baldwin, Blair, Burnside, Cameron of Wisconsin, Dawes, Ferry, Hamlin, Hill of Colorado, Hoar, Kirkwood, Logan, McMillan, Morrill, Paddock, Platt, Rollins, Teller, Windom-20.

THE BILL AS AMENDED IN THE SENATE AND
PASSED BY IT, WITH ITS AMEND-
MENTS NUMBERED.

The bill, with Senate amendments, is as follows: [Strike out the parts in brackets and insert the parts printed in italics.]

An act to facilitate the refunding of the national

debt.

Be it enacted, etc., That all existing provisions of law authorizing the refunding of the national debt shall apply to any bonds of the United States bearing a higher rate of interest than 41⁄2 per cent. per annum which may hereafter become redeemable: Provided, That in lieu of the bonds authorized to be issued by the act of July 14, 1870, entitled “An act to authorize the refunding of the national debt," and the acts amendatory thereto, and the certificates authorized by the act of February 26, 1879, entitled "An act to authorize the issue of certificates of deposit in aid of the refunding of the public debt," the Secretary of the Treasury is hereby authorized to issue bonds (1) [in the] to an amount (2) [of] not exceeding $400,000,000, (3) of denominations of $50, or some multiple of that sum, which shall bear interest at the rate of 3 per cent. per annum, (4) payable semiannually, redeemable, at the pleasure of the United States, after 5 years, and payable (5) [ten] twenty years from the date of issue; and also (6) [certificates in the] Treasury notes to an amount (7) [of] not exceeding $300,000,000, in denominations of ten, (8) [twenty and fifty] dollars (9) or some multiple of that sum not exceeding $1,000, either registered or coupon, bearing interest at (10) [the] a rate (11) [of] not exceeding 3 per cent. per annum, (12) payable semi-annually, redeemable at the pleasure of the United States, after one year, and payable in ten years from the date of issue (13); and no Treasury note of a less denomination than $100 shall be registered. The bonds and (14) [certificates] Treasury notes shall be, in all other respects, of like character and subject to the same provisions as the bonds authorized to be issued by the act of July 14, 1870, entitled "An

act to authorize the refunding of the national debt," and acts amendatory thereto : Provided, That nothing in this act shall be so construed as to authorize an increase of the public debt : Provided further, That interest upon the 6 per cent. bonds hereby authorized to be refunded shall cease at the expiration of thirty days after (15) publication of notice that the same have been designated by the Secretary of the Treasury for redemptiom. (16) It shall be the duty of the Secretary of the Treasury, under such rules and regulations as he may prescribe, to authorize public subscriptions, at not less than par, to be received at all depositories of the United States, and at all national banks, and such other banks as he may designate, for the bonds and for the Treasury notes herein provided for, for thirty days before he shall contract for or award any portion of said bonds or Treasury notes to any syndicate of individuals or bankers, or otherwise than under such public subscriptions; and if it shall happen that more than the entire amount of said bonds and Treasury notes, or of either of them, has been subscribed within said thirty days, he shall award the full amount subscribed to all persons who shall have made bona fide subscriptions for the sum of $2,000 or less, at rates most advantageous to the United States, and the residue ratably among the subscribers in proportion to the amount by them respectively subscribed, at rates most advantageous to the United States.

SEC. 2. The Secretary of the Treasury is hereby authorized, in the process of refunding the national debt, to exchange, at not less than par, any of the bonds or (17) [certificates] Treasury notes herein authorized for any of the bonds of the United States outstanding and uncalled bearing a higher rate of interest than 42 per cent. per annum; and on the bonds so redeemed the Secretary of the Treasury may allow to the holders the difference between the interest on such bonds from the date of exchange to the time of their maturity, and the interest for a like period on the bonds or (18) [certificates] Treasury notes issued; (19) [but none of the provision's of this act shall apply to the redemption or exchange of any of the bonds issued to the Pacific Railway Companies;] and the bonds so received and exchanged in pursuance of the provisions of this act shall be canceled and destroyed (20); but none of the provisions of this act shall apply to the redemption or exchange of any of the bonds issued to the Pacific Railway Companies.

SEC. 3. (21) [Authority to issue bonds and certificates to the amount necessary to carry out the provisions of this act is hereby granted; and] The Secretary of the Treasury is hereby authorized and directed to make suitable rules and regulations to carry this act into effect (22) [: Provided that;] and the expense of preparing, issuing, advertising, and disposing of the bonds and (23) [certificates] Treasury notes authorized to be issued shall not exceed (24) [onequarter] one-half of I per cent.

SEC. 4. That the Secretary of the Treasury is hereby authorized, if in his opinion it shall become necessary, to use (25) temporarily not exceeding $50,000,000 of the standard gold and

silver coin in the Treasury in the redemption of the 5 and 5 per cent. bonds of the United States authorized to be refunded by the provisions of this act, (26) which shall from time to time be repaid and replaced out of the proceeds of the sale of the bonds or Treasury notes authorized by this act; and he may at any time apply the surplus money in the Treasury not otherwise appropriated, or so much thereof as he may consider proper, to the purchase or redemption of United States bonds or (27) [certificates] Treasury notes authorized by this act: Provided, That the bonds and (28) [certificates] Treasury notes so purchased or redeemed shall constitute no part of the sinking fund, but shall be canceled.

SEC. 5. From and after the 1st day of (29) [May] July, 1881, the 3 per cent. bonds authorized by the first section of this act shall be the only bonds receivable as security for national bank circulation, or as security for the safe keeping and prompt payment of the public money deposited with such banks; but when any such bonds deposited for the purposes aforesaid shall be designated for purchase or redemption by the Secretary of the Treasury, the banking association depositing the same shall have the right to substitute other issues of the bonds of the United States in lieu thereof: Provided, That no bond upon which interest has ceased shall be accepted or shall be continued on deposit as security for circulation or for the safe-keeping of the public money; and in case bonds so deposited shall not be withdrawn, as provided by law, within thirty days after interest has ceased thereon, the banking association depositing the same shall be subject to the liabilities and proceedings on the part of the Comptroller provided for in section 5234 of the Revised Statutes of the United States: And provided further, That section 4 of the act of June 20, 1874, entitled "An act fixing the amount of United States notes, providing for a redistribution of the national bank currency, and for other purposes," be, and the same is hereby repealed; and sections 5159 and 5160 of the Revised Statutes of the United States be, and the same are hereby, re-enacted.

(30) Sec. 6. That the payment of any of the bonds hereby authorized, after the expiration of five years, shall be made in amounts to be determined from time to time by the Secretary of the Treasury, at his discretion, the bonds so to be paid to be distinguished and described by the dates and numbers, beginning for each successive payment with the bonds of each class last dated and numbered; of the time of which intended payment or redemption the Secretary of the Treasury shall give public notice, and the interest on the particular bonds so selected at any time to be paid shall cease at the expiration of thirty days from the publication of such notice. SEC. (31) [6] 7. That this act shall be known as "The funding act of 1881;" and all acts and parts of acts inconsistent with this act are hereby repealed.

In House of Representatives. March 1-This bill with the amendments of the Senate, coming up as the next business on the Speaker's table, and being read, the amend

ments numbered respectively 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 17, 18, 19, 20, 22, 23, 24, 26, 27, 28, 30, and 31 were severally agreed to without a division.

The question being on agreeing to amendment No. 21, which proposes to strike from the bill as passed by the House the following words: Authority to issue bonds and certificates to the amount necessary to carry out the provisions of this act is hereby granted, and the

Mr. WARNER of Ohio, for Mr. MILLS of Texas, moved to concur in the amendment with an amendment to add these words:

"In addition to the bonds and Treasury notes hereby authorized to be issued, the Secretary of the Treasury is further authorized and required to issue United States notes, under the provisions of titles 38 and 39 of the Revised Statutes, to an amount equal to the national bank circulation surrendered pending and during the process of refunding under this act, and no more; and said notes shall be paid out in the current expenditures of the Government, and kept as part of the paper circulation; and interest-bearing bonds of the United States equal in amount to the notes so issued shall be redeemed and canceled in addition to the bonds otherwise redeemed and"

Mr. TUCKER demanded the previous question on the two propositions :

To concur, and to concur with an amendment. Pending which

Mr. WARNER, with the consent of Mr. MILLS, withdrew his amendment.

Mr. DE LA MATYR sought to renew it; but the Speaker held that at this time he had not that right.

The demand for the previous question was then sustained-Yeas 121, nays 91:

YEAS-Messrs. Aiken, Armfield, Atherton, Atkins, Bachman, Baker, Beale, Beltzhoover, Berry, Bicknell, Blackburn, Bland, Blount, Bouck, Bragg, Bright, Buckner, Cabell, Caldwell, Cannon, Carlisle, Chalmers, Chittenden, Clardy, A. A. Clark, J. B. Clark, N. N. Clements, Clymer, Cobb, Coffroth, Colerick, Converse, Cook, Covert, S. S. Cox, Cravens, Davidson, L. H. Davis, Deuster, Dibrell, Dick, Dickey, Dunn, Elam, Evins, Finley, Forney, Frost, Geddes, Gibson, Gunter, N. 7. Hammond, J. T. Harris, Hatch, Herbert, W. D. Hill, Hooker, Hostetler, House, Hunton, Hurd, Kelley, Kenna, Kimmel, King, Kitchin, Klotz, Knott, Le Fevre, Lounsbery, Manning, B. F. Martin, E. L. Martin, McMahon, McMillin, Mills, Morrison, Muldrow, Myers, New, O'Reilly, Persons, Philips, Phister, Poehler, Prescott, Reagan, J. S. Richardson, Richmond, E. W. Robertson, Ross, Rothwell, Samford, Sawyer, Scales, Scoville, Simonton, Slemons, H. B. Smith, W. E. Smith, Sparks, Springer, Stevenson, Talbott, R. L. Taylor, P. B. Thompson, jr., Tillman, Tucker, Upson, Vance, Waddill, A. J. Warner, Wellborn, H. White, Whiteaker, Whitthorne, T. Williams, Willis, Wilson, WRIGHT, Yeates-121.

NAYS-Messrs. N. W. Aldrich, W. Aldrich, Anderson, Bailey, Ballou, Bayne, Bingham, Bisbee, Blake, Bowman, M. S. Brewer, Briggs,

Brigham, J. C. Burrows, Calkins, Carpenter, Claflin, Conger, Cowgill, Crapo, G. R. Davis, H. Davis, DE LA MATYR, Dunnell, Dwight, Einstein, Errett, Ferdon, Fisher, FORD, FORSYTHE, Fort, Frye, GILLETTE, Godshalk, Hall, J. Hammond, Harmer, Hawk, Hawley, G. C. Hazelton, Heilman, Hiscock, Hubbell, Jorgensen, Ketcham, LADD, Lapham, Mason, McCook, McKinley, W. Miller, Monroe, Newberry, Norcross, O'Neill, Osmer, Overton, Page, Price, Ray, Reed, W. W. Rice, D. P. Richardson, G. D. Robinson, W. A. Russell, T. Ryan, Sapp, Shallenberger, Sherwin, A. H. Smith, J. Ŵ. Stone, E. B. Taylor, Thomas, W. G. Thompson, A. Townsend, J. T. Updegraff, T. Updegraff, Urner, Valentine, Van Aernam, Voorhis, Van Voorhis, Ward, Washburn, WEAVER, Wilber, Willits, W. A. Wood, YOсUм, T. L. Young-91.

Pending the vote on concurrence,

Mr. DE LA MATYR moved to refer the bill and amendments to the Committee on Ways and Means, with instructions to report the same with the following amendment to the Senate amendment numbered 21:

Provided, That whenever any national banking association shall retire its circulation, in whole or in part, as provided by law, it shall be the duty of the Secretary of the Treasury to cause to be issued and placed in circulation in lawful manner a like amount of legal-tender | Treasury notes in addition to those now in use as currency, and of the character and denominations now authorized. And no national banking association so diminishing its circulation, or which may have retired any portion of its circulating notes since the 18th day of February, 1881, shall hereafter be permitted to increase the amount of its circulating notes.

Mr. CARLISLE made the point of order that this amendment was not germane to the amendment pending, and that it was not competent for the House to instruct a committee to do that which the House itself could not directly do; and

The SPEAKER sustained the point, and ruled out the motion.

The question being on teenth amendment of the first section these words:

agreeing to the sixSenate, to add to the "It shall be the duty of the Secretary of the Treasury, under such rules and regulations as he may prescribe, to authorize public subscriptions, at not less than par, to be received at all depositories of the United States, and at all national banks, and such other banks as he may designate, for the bonds and for the Treasury notes herein provided for, for thirty days before he shall contract for or award any portion of said bonds or Treasury notes to any syndicate of individuals or bankers, or otherwise than under such public subscriptions; and if it shall happen that more than the entire amount of said bonds and Treasury notes, or of either of them, has been subscribed within said thirty days, he shall award the full amount subscribed to all persons who shall have made bona-fide subscriptions for the sum of two thousand dollars or less, at rates most advantageous to the United States, and the

residue ratably among the subscribers in proportion to the amount by them respectively subscribed, at rates most advantageous to the United States."

Mr. TUCKER moved to concur, with an amendment to strike out after "subscriptions" the words "for the sum of $2,000 and less" and substitute the words "in order of time of said subscriptions"; and after the word "States" to strike out the words "in proportion to the amount by them respectively subscribed at rates most advantageous to the United States;" which was disagreed to-yeas 103, nays III:

YEAS-Messrs. Ñ. W. Aldrich, W. Aldrich, Anderson, Bailey, Baker, Ballou, Bayne, Belford, Beltzhoover, Bingham, Bisbee, Blake, Bowman, Boyd, M. S. Brewer, Briggs, Brigham, J. C. Burrows, Calkins, Cannon, Carlisle, Carpenter, Caswell, Claflin, Conger, Cowgill, Crapo, G. R. Davis, H. Davis, Dick, Dunnell, Dwight, Einstein, Errett, Ferdon, Fisher, FORD, FORSYTHE, Fort, Frye, Gibson, Godshalk, Hall, J. Hammond, Harmer, Hawk, Hawley, Heilman, Hiscock, Hubbell, Hutchins, Jorgensen, Kelley, Ketcham, Lapham, Marsh, Mason, McCook, McKinley, W. Miller, Monroe, Morse, Newberry, Norcross, O'Neill, Osmer, Overton, Page, Prescott, Price, Ray, Reed, W. W. Rice, D. P. Richardson, G. D. Robinson, Ross, W. A. Russell, T. Ryan, Sapp, Shallenberger, Sherwin, A. H. Smith, J. W. Stone, E. B. Taylor, Thomas, W. G. Thompson, A. Townsend, Tucker, J. T. Updegraff, T. Updegraff, Urner, Van Aernam, Voorhis, Van Voorhis, Ward, A. J. Warner, Washburn, H. White, Wilber, C. G. Williams, Willits, W. A. Wood, T. L. Young-103.

NAYS-Messrs. Aiken, Armfield, Atherton, Atkins, Bachman, Beale, Berry, Bicknell, Blackburn, Bland, Blount, Bouck, Bragg, Bright, Buckner, Cabell, Caldwell, Camp, Chalmers, Clardy, A. A. Clark, J. B. Clark, N. N. Clements, Clymer, Cobb, Coffroth, Colerick, Converse, Cook, Covert, S. S. Cox, Cravens, Culberson, Davidson, L. H. Davis, Deuster, Dibrell, Dickey, Dunn, Elam, Evins, Finley, Forney, Frost, GILLETTE, Gunter, N. 7. Hammond, J. T. Harris, Hatch, Henkle, Herbert, Herndon, W. D. Hill, Hooker, Hostetler, House, Hunton, Hurd, Kenna, Kimmel, King, Kitchin, Klotz, Knott, LADD, Le Fevre, Manning, B. F. Martin, E. L. Martin, McMahon, McMillin, Mills, Morrison, Muldrow, Myers, New, Persons, Philips, Phister, Poehler, Reagan, J. S. Richardson, Richmond, E. W. Robertson, Rothwell, Samford, Sawyer, Scales, Scoville, Simonton, Slemons, H. B. Smith, W. E. Smith, Sparks, Springer, Stevenson, Talbott, R. L. Taylor, P. B. Thompson, jr., Tillman, O. Turner, Upson, Vance, Waddill, Whiteaker, Whitthorne, T. Williams, Willis, Wilson, WRIGHT, Yeates-III.

Mr. SPRINGER moved to reconsider this vote, and to lay that motion on the table; which latter motion was agreed to-yeas III, nays 96:

YEAS-Messrs. Aiken, Armfield, Atherton, Atkins, Beale, Beltzhoover, Bicknell, Bland, Blount, Bouck, Bragg, Bright, Buckner, Cabell, Caldwell, Chalmers, Clardy, A. A. Clark, J. B. Clark, N. N. Clements, Clymer,

Cobb, Coffroth, Colerick, Converse, Cook, Covert, Cravens, Culberson, Davidson, L. H. Davis, DE LA MATYR, Deuster, Dibrell, Dickey, Dunn, Elam, Evins, Finley, Forney, Frost, Geddes, GILLETTE, Gunter, N. 7. Hammond, J. T Harris, Hatch, Henkle, Herbert, Herndon, W.D. Hill, Hooker, Hostetler, House, Hurd, Kenna, Kimmel, King, Kitchin, Klotz, Knott, LADD, Le Fevre, Manning, B. F. Martin, E. L. Martin, McMahon, Mc Millin, Mills, Morrison, Muldrow, New, O'Reilly, Persons, Philips, Poehler, Reagan, J. S. Richardson, Richmond, E. W. Robertson, Ross, Rothwell, Samford, Sawyer, Scales, Scoville, Shelley, Simonton, Slemons, H. B. Smith, W. E. Smith, Sparks, Springer, Stevenson, Talbott, R. L. Taylor, P. B. Thompson, jr., Tillman, O. Turner, Upson, Vance, Waddill, WEAVER, Wellborn, Whiteaker, Whitthorne, T. Williams, Willis, Wilson, WRIGHT, Yeates-III.

NAYS—Messrs. N. W. Aldrich, W. Aldrich, Anderson, Bailey, Baker, Ballou, Bayne, Bingham, Bisbee, Blake, Bowman, Boyd, M. S. Brewer, Briggs, Brigham, J. C. Burrows, Camp, Cannon, Carlisle, Carpenter, Claflin, Conger, Cowgill, Crapo, G. R. Davis, H. Davis, Dick, Dunnell, Dwight, Einstein, Errett, Ferdon, Fisher, FORSYTHE, Fort, Frye, Gibson, Godshalk, Hall, J. Hammond, Harmer, Hawk, Hawley, Heilman, Hiscock, Hubbell, Jorgensen, Keifer, Ketcham, Lapham, Marsh, Mason, McCook, McKinley, W. Miller, Monroe, Morse, Newberry, Norcross, O'Neill, Osmer, Overton, Page, Prescott, Price, Ray, Reed, W. W. Rice, D. P. Richardson, G. D. Robinson, W. A. Russell, T. Ryan, Shallenberger, Sherwin, A. H. Smith, J. W. Stone, E. B. Taylor, Thomas, W. G. Thompson, A. Townsend, Tucker, J. T. Updegraff, T. Updegraff, Urner, Valentine, Van Aernam, Voorhis, Ward, A. J. Warner, Washburn, H. White, Wilber, C. G. Williams, Willits, W. A. Wood, T. L. Young-96.

Mr. CONGER moved that the House adjourn, which was disagreed to—yeas 77, nays 115, (not voting 98).

Mr. CONGER moved that the House take a recess till to-morrow morning, on which the vote

was

yeas 12, nays 112, (not voting 166). There being no quorum, by unanimous consent such recess was taken.

And next morning there was a call of the House, after which-yeas 158, nays 13, (not voting 119), all further proceedings under it were suspended.

The previous question was ordered—yeas 134, nays 25, (not voting 131), and the House agreed to the sixteenth amendment of the Senate--yeas 146, nays 16. The NAYS were Messrs. Baker, Boyd, Browne, Calkins, Cannon, Dunnell, Einstein, FORD, Hawk, Hawley, G. W. JONES, LADD, O'Neill, Prescott, G. D. Robinson, Washburn.

The next question being on concurring in the twenty-fifth amendment of the Senate, to insert in the fourth section the word "temporarily,"

Mr. TUCKER moved that the House concur so as to strike out the word "temporarily," and so modify the section as to make it read as follows; "That the Secretary of the Treasury is hereby

|

authorized, if in his opinion it shall become necessary, to use from time to time not exceeding $50,000,000 at any one time of the standard gold and silver coin in the Treasury in the redemption of the 5 and 6 per cent. bonds of the United States authorized to be refunded by the provisions of this act, which shall from time to time be repaid and replaced out of the proceeds of the sale of the bonds or Treasury notes authorized by this act; and he may at any time apply the surplus money in the Treasury not otherwise appropriated, or so much thereof as he may consider proper, to the purchase or redemption of any United States bonds or of the Treasury notes authorized by this act."

This was disagreed to-yeas 88, nays 126: YEAS-Messrs. W. Aldrich, Anderson, Baker, Ballou, Bayne, Belford, Bingham, Blake, Bliss, Bowman, Boyd, M. S. Brewer, Briggs, Brigham, · Browne, J. C. Burrows, Cannon, Carlisle, Carpenter, Caswell, Claflin, Conger, Cowgill, Daggett, G. R. Davis, H. Davis, Deering, Deuster, Dwight, Einstein, Errett, Felton, Ferdon, Fisher, Fort, Frye, Godshalk, Hall, B. W. Harris, Haskell, Hawk, Hawley, Heilman, Horr, Hub| bell, Keifer, Killinger, Lindsey, Marsh, Mason, McCoid, McCook, McKinley, Miles, Monroe, Morse, Neal, O'Neill, Orth, Osmer, Overton, Prescott, Price, Ray, Reed, G. M. Robeson, G. D. Robinson, T. Ryan, Sapp, A. H. Smith, E. B. Taylor, Thomas, W. G. Thompson, A. Townsend, Tucker, Tyler, J. T. Updegraff, T. Updegraff, Urner, Van Aernam, Voorhis, Ward, Washburn, H. White, Wilber, Willits, W. A. Wood, T. L. Young—88.

NAYS-Messrs. Acklen, Aiken, Armfield, Atherton, Atkins, Bachman, Barlow, Beale, Berry, Bicknell, Blackburn, Bland, Blount, Bouck, Bragg, Bright, Buckner, Cabell, Caldwell, Chalmers, Clardy, A. A. Clark, J. B. Clark, N. N. Clements, Clymer, Cobb, Coffroth, Colerick, Converse, Cook, Covert, S. S. Cox, Cravens, Davidson, L. II. Davis, Dibrell, Dickey, Dunn, Elam, Ellis, Evins, Ewing, Finley, Forney, Frost, Geddes, Goode, Gunter, N. J. Hammond, J. T. Harris, Hatch, Henkle, Herbert, Herndon, Hooker, Hostetler, Hunton, Hurd, G. W. JONES, Kelley, Kenna, Kimmel, King, Kitchin, Klotz, Knott, LADD, Le Fevre, LOWE, Manning, E. L. Martin, McKenzie, McLane, McMahon, McMillin, Mills, Money, Morrison, Muldrow, Myers, New, Nicholls, O'Reilly, Persons, Philips, Phister, Poehler, Reagan, J. S. Richardson, Richmond, E. W. Robertson, Rothwell, Samford, Sawyer, Scales, Scoville, Shelley, Simonton, J. W. Singleton, O. R. Singleton, Slemons, H. B. Smith, W. E. Smith, Sparks, Speer, Springer, W. L. Steele, Stevenson, Talbott, R. L. Taylor, P. B. Thomp son, jr., Tillman, O. Turner, Upson, Vance, Waddill, Wellborn, Whiteaker, Whitthorne, T. Williams, Willis, Wilson, M. R. Wise, WRIGHT, Yeates, C. Young—126.

The amendment of the Senate was then agreed to, without a division.

The next question being on concurring in the twenty-ninth amendment of the Senate, substituting "July" 1881, instead of "May," as the date of the operation of the act,