1760 CONGRESSIONAL PROCEEDINGS.. 
sonian Institution was created, and out of the annual appropriation, 
which amounts to 6 per cent on the land [fund] originally granted by 
James Smithson, that Institution is carried on and cared for by the 
Government, an institution which is the admiration not only of Con- 
gress but of the people of the whole United States—a people who will 
ever bear in mind a grateful recollection of the donor of that great 
fund. 
In order, therefore, that Congress might be fully, correctly, and 
officially advised as to the kind, nature, and amount of the respective 
claims of the United States and of the State of Arkansas, and the 
date when and manner in which the same arose, so as to be enabled to 
compromise and settle the same, Congress, on August 14, 1894, passed 
the act entitled *‘ An act to authorize a compromise and settlement 
with the State of Arkansas.” (28 U. S. Stats., 229.) 
On February 23, 1895, the Secretary of the Treasury and the Sec- 
retary of the Interior submitted to the Senate a report of their action 
had thereon, which was printed as Senate Executive Document No. 91, 
Fifty-third Congress, third session. Action in the Senate and House 
then and now seems to have been limited to making reports thereon 
in the Senate and House. 
House Report No. 1959, Fifty-third Congress, third session, seeming 
to contain nearly all the matters theretofore officially stated in refer- 
ence to said act of August 14, 1894, a copy thereof will be submitted 
as a part of my remarks. 
From this report it is alleged and is made to appear that the State 
of Arkansas is indebted to the United States only in the sum of 
$1,611,803.61, appearing more in detail thus: 
ACCOUNT. 
The State of Arkansas in account with the United States on account of bonds issued by the 
State, with the interest accrued thereon, the claims of the State arising under the public- 
land laws of the United States, and the claim of the State for care of military prisoners, 
adjusted to January 1, 1895. 
1. To State of Arkansas 6 per cent bonds (Nos. 1.to 500, inclusive), 
$1,000 each, issued January 1, 1838, and matured October 26, 
1861, to secure a loan from the Smithsonian fund, held in trust 
by the United States, which bonds were subsequently acquired 
by the United States in their own right -............-.--..---- $500, 000. 00 
2. To interest on 366 of these bonds (Nos. 135-500), at 6 per cent per 
annum, from July 1, 1842, to October 26, 1861 (19 years 9 months 
and Phidays) «gens... .2 deed haeeeeed es ee eee 425, 235. 00 
3. To interest on 133 of these bonds (Nos. 1-133), at 6 per cent per 
annum, from July 1, 1860, to October 26, 1861 (1 year 3 months 
ARG SOMaWS ee ws - ~~ - - = acinar eee se eee 10, 529. 17 
4. To interest on 1 of these bonds (No. 134), at 6 per cent per annum, 
from July 1, 1852, to October 26, 1861 (9 years 3 months and 
25 days), less $19.72 paid on one coupon in 1860..-.......-.-- 539. 44 
nt 
