From the records of the Navy Department.
PAUL HAMILTON.
After some conversation as to the proper course for this business to take, it was referred to a select committee, to consist of seven members, to consider and report thereon.
Mr. Quincy, Mr. Randolph, Mr. Roane, Mr. Lacock, Mr. Troup, Mr. Emott, and Mr. Dinsmoor, were appointed the committee.
Monday, December 28.
Public Lands—Cash System and Reduction of Price.
The House resolved itself into a Committee of the Whole on the report of the Committee on the Public Lands, made on the second instant, respecting an extension of the time limited by law for the payment of lands purchased of the United States.
The report concludes with the following resolutions, the adoption of which the committee recommend:
"Resolved, That such part of the laws for the sale of public lands as allow a credit on part of the purchase money, be repealed; and that the price at which lands shall be offered in future shall be one dollar and twenty-five cents per acre.
"Resolved, That in future sales a portion of the public lands be offered in tracts of eighty acres.