7
JLUJ
Vol, VII.
RALEIG-H, 3ST. C., THURSDAY, FEBRUARY 7, 190l
No. 65
OiQnn
in n
-
olli Providing for Stats Banks
of Issue
VANTS SLICE OF WAKE
Durham Senator's Modest
Bill- Code Amended Anent
Beginning of Terms of
Court Details..
Till. "Carolina money-writh a picture
u- Treasurer Benjamin - Raconteur
i., y iluii-'uii mayhaps, or niayuaps
..:.!.' .;y eisc-'s picture!
I" : : would, or could, be the result
. passage of a bill introduced . in
Senate yesterday.
S, n::; r Long .of Person is the author
o. t ho l i'l, ami it provides elaborately
State banks of issue.
I:' v.e et the new banks we'll hare
S", hWi-i in circulation here and that of
.
iw-lf is enough to warm a fellow up to
the s leasare.
I v. hi.jh one of us is it that never
i. I: the need, the pressing need, of a ?3
Aiel. then, we'll hare $1. $2, S3, . ?5,
S'o. S"'. ?r0. S10O and ?oOO bills, too
- i v.:,:e all provided for in tae oiil.
. i -1 1 i-- alior.t that ten per cent, tax,
S - a:'.'" The Post asked.
wo won't have that tax al-rr.r-s"
replied the- author of the bill.
'i'h re is one thins I object to," de
f'l iiv i Senator Ayeoek. "If it is designed
t'i i'it l'.en L.acy's picture on tat
iimvev. 1 tell you now, I'll vote against
th l iil. We couldn't stand that."
P.a;. seriously, the bill (an outline of
" iiie'u is published herewith) is a well-
'ii iv. ii and comprehensive one, and will
at in;-t - attention in and out of the Sen-
, : . It is now in the hand's' of th?
'"ianiiitt'e on Banking and Currency.
v
Senator Gudger secured the passage
;' a bill yesterday that is of special in
t. a- t to judges and -. lawyers, -.and of ini-
'nance to litigants.: and people gener-
Iiis !i!l amends section 926 of . the
' !. so as to provide that if the judge
-; the Superior Court, . for any rjaon,
not arrive. by the fourth day of the
t"i-m and ;ien"court (the limit under the
':! iucr lawi, the sheriff may open and
:'i.""!ni cor.rt daily. until he does arrive,
s . r.-i i nt to lose to the county the sec-
and perhaps the third, week of the
Ut;.i.
r'n-'inrn county, which bit off a geol
f V".nke county territory when it
V: fi:t created, now wants another
Yi a I'iil v.-."s yesterday introdnceTl
!! the Senate to authorize the transfer of
;t rt.-nu i.ortion of Wake to Durham
A ietifton from certain citizens of
Mnko e:-i:;nfy askin'g to be transferred,
!,:!- d b;iL-gagev to Durham county,
v, ;!s al-io pi t s-.-nted.
Tii--iv will be a fight when the bill
fern's u;. for pass-ige, if the committee
'"es not kill it with an adverse report.
Vu'p Rank of Iniin ITltl
Tho l iil " to provide a State banking
c. ' m of North Carolina' intro
' ' '-n. 'y Senator Long yeterday and,
''"'iic! to the Committee on Banking
! ':i-n :( y. ' Trescriles a mod? of
'i l.ir.- in the State. Thnt any assort-'
'!'! of. persons desirous of establishing
'''si of ji.sue to do a general bank-:!"-'
'"i-iii.-'.s in addition to the poweis
granted banking corporations shall
''riMst ot not less than five persons and
rii.iv enter its artie'es of association for
T'ii Purpose. They shall make an or
.'lien certificate which shall specifi
''v' t;ue (lj the name; (2; the place;
1 ;i w mount ot capital stock and
-Mai-
iders, number of shares held by
4) stnte that certificate is inntfe
'''le them to organize under this
S"
rH"n 3 provides for neknowledsr-
" lore a clerk of the court or no
i.;!ldic of such articles of -asco:ia-
:.
;c. t directs that such articles be filed
rh- State Treasurer.
didines the powers of the body
''''. "!;; to.
'Temand loans on warehouse
jy,,nt;; ujion advance of money repaya
( "n '":and upon warebonse receipts,
"l 'i'-den, certificates, of. stock, cer-!,',-:i:,-s
(.f deposit, bills of exchange,
u'ti-s or. other negotiable i:stru
s l,!,-dged as collateral Security for
ri-p.-iyment, any bank organized un-'-tnis
act may receive or contract to
"'JV( said collect as compensation for
!,.lu" uc'h advances any sum to ba
y- "Pon in" writing by the parties to
-':"'!l transaction.
. ' provides before the bank's notes
r" MM in circulation it shall deliver to
j "' tai,. Treasurer county or . city
""' having a market value at par or
-1 r: or Mate or United States bo.ids,
other marketable bonds as the
,"'::r,l of bank appraisers may deem suf
i( i'.'iit.
S creates the board of bank ap-
i 'is making the Attorney Geneial
as"!Vr ' the board.
, miiviu.es lor xne nescnption oi
'I'iS lit. i. ...I a- i J 1.
i'"u, fu., 10 i:e Mgueu
'''III; !r,r,r:iii(iiM
c' 10 provides that the amount of
circulating notes shall not be more than
the paid-in capital stock and shall not
. be less than one-third thereof,
j Sec. 11. Such" blinks Khali be entitled
to issue its notes for circulation to an
amount equal to the appraised valae of
the bonds deposited; and in .ad i ion
may issue upon the basis of the eiedit
of the bank without bonded or other se
curity an amount equal to one-third of
its capital stock actually paid in. But
the circulation shall not exceed the
amount of caoital stock actually paid in
iu any case.
Sec. 12 provides that the State Treas
urer shall cause tdates and dies to be
engraved in the best manner to guard
against counterfeiting, etc., in or.'er to
furnish suitable notes for circulation,
mid shall have .printed thereirom and
numbered such quantity of circulating
notes in bank of the denomination of $1,
$-Y $3, $10, ,$20, $50, $100, $500, as
may be required to supply the banks
entitled to receive the same. Such notes
shall express upon their face thut they
are secured by the deposit of bonds of
approved value with the State Treas
urer; also the promise of the corporat or
to pay on demand, etc. The exp.nse of
such circulation, plates, etc., to Le borne
by ,ihe banks.
Sec. 13 exacts that oO per cent of the
ffpua suicit suau oe paui in casn us-
... j. . i . i i i - i l. i
lore beginning business, the balance of
the capital stock shall be paid in cash
in installments on call, the entire cap tal
stock to be paid ia in 12 months aiter
the beginning of business.
Sees 1-1 and 15 relate to by-laws, in
crease of capital stock and circulation;
reduction of capital .stock, etc.
Sec. lij provides for winding up the
business of any bank, the withdrawal
of its outstanding circulation, etc.
Sec. IT provides for the return of se
curities by the State Treasurr when
the defunct bank's notes are destroyed.
Sec. lS.applies to the destruction of
plates and countcrfeijt notes.
Sec. UK When the. bonds deposited to
secure circulation decline in mark t
value as much as 10 per cent and remain
so for six mouths, such banks shall be
required to furnish other bonds or money
sufficient to bring the value of the origi
nal bonds to par.
Sec. 20. Failure to comply with section
1!) for 30 days will work a forfeiture of
franchise.
..Sees. 21 and 22 provide for holding of
real estate by banks and makes the min
imum capital of any baik under this
act .S2r.(:()0 paid up in cash.
Sees. 1'3 and 21 relate to organization
of such banks.
Sec. 25 -makes every stockhol ler in
these banks intlividually responsible,
equally and ratably, and not one for an-
other, for all contracts, debts and en-
ragements to the extent of their stock
tin rem at tne par vaue tm r. oi, in au-
dition to the amount invested in s. ch '
shares. (This applies not only to regi-
tered stockholders whose nam, s appear
on the corporation books but to every"
"actual owner of stock even though h Id
in. the name of another prison; but not
to those holding stock as collateral se
curity). Sec. 20 limits the liability of stock
holders. Sec. 27 provides against embezzlement,
etc., by bank officials.
Sec. 28 stipulates when reports of
bank's -condition shall be made (twice a
year) and publication of same.
Sec. 20 empowers bank appraisers to
employ a bank inspector, to examine and
report their condition.
Fee. o0 provides machinery for sidling
a saviugs department to these banks,
:.nd authorizes paying interest on de
posits. Woes. 31, 32, 33, 34 and 35 define
crimes of bank officials and provides
for their punishment.
Sec. 35 provides when national banks
may become State banks.
Sec. 3G says minors and married wo
men may deposit in the banks to their
own credit and withdraw the same on
their individual checks.
See. 37 repeals sections 2-191, 2492,
24P3 and 2494 of tne Code.
Scction 38 requires the payment of the
tax before its lormaxiou.
See. 39 provides th:-t any State bank
now in existence or here a. ft y to be or
ganized and chartered shall have th?
right to avail itself of all the prov s
ions of this act by filing a copy of its
charter with the St-te Treas ier to-
her
:..v,,.,.,.;rm vpoiiired by section 27 of
thi act, whereupon such bans and its
shareholders will he held liable as other
ban4;s and shareholders organized undr
this act.
Sec. 40. This act shall be in force from
and alter its ratification.
Several other measures of special in
tnost wore introduced or passed, but
these will be found in the detailed
a.
port below. -
The Senate meets at 11 o'clock this
morning.
rauERDiSGS IN DUTAIL
Senate called to order at -
bv 'tA. Gov. Turner, and. session
with prayer
by Rev., J. T
Beading of Journal dispersed
Senator Candler was adde
Committee. on Privileges and
Petitions were presented
Mr. Mclntyre: From citi?.
against proposed ' stock" law
county. Mi- Webb: In reeard to nensi
Mr. -Thomas: Against incorporation
of Baptist church at "Abbotts Cr.ek,
Iavidson county. '
-..Mr. -Henderson:-'-'Requesting ap-o'nt- -
inent of .. A. Feeble.-, Isaac liot its
and W. A. Clements to be a board of
school directors of. 'Davie .pointy.
Mr Foushee: From cominissionrr? of
Durham county in relation to i nl.irg.rg
Durham county.-'Alio, from certain c.u
?.ens of TV'ake county asking to be ta.-en
into Durham eounty.
- fiexr Oililofrdiiced
The following, new bills were introduc
ed and were read first tune:
,Tt. wnr.rtS. B. 547 To charge
''nu, tnnnrr lines in Craven coun-
(Continued - on Sixth, Page.)
in in 1 II
House Downed All Amend
ments Offered
DEBATE A WARM ONE
Strong Effort Made to Exemp
Graded Schools-Will Be
Excepted in Another Act
The Craig Act Again
i rpi, . tT . j , , ,
""uoc M?ruuy " e "
t'ock text hook bill as it came from the
Senate and the measure is now a liw.
The great fight was made on the ques
tion of exempting the graded schools of
Statesville from the provisions of the
bill. The representatives fioin Iroc'ell
fought for the exemption of their graded
schools, having been requested to do
so by the directors of the schools in
Statesville. Many of the members ex
pressed a willingness to pass a supple
mentary bill exempting graded schods
from the operation of the bill, but the
majority refused to amend the bill in
any shape tearing it would j opirciize
its ultimate ratification if sent back to
the Senate. s
The provisions of the new text book
bill are familiar to the readers of The
1'ost, having been printed in fu"l last
week. It provides for uniform ty of
adoption of text boos in the State by
a commission headed by the Governor.
I lie vote on the amendment to ex-
erupt the Statesville graded schools Mas
7; to !4. This was the vote on th?
final passage of. the bill. All the Krpub-
lic-ms voted against the bill, 'and the
following Democrats cast th?:r v t
against the measure: Mes?rs. Car aw y.
Gaither, Hayes, Lawrence, Mclver, S.e-
venson, fttubbs, JLnompson, v atts ana
'Wright.
Judge Allen, Judge Connor, Mr. Craig,
Mr. Daughtriilge. Mr. Dais. Mr. Yor-
gan, Mr. Kobcrson, Mr. Shannonhoi:s j
and others explained that they wo ild
vote for a -supplemental bill exempt ng
the Statesville graded schools, an 1 t'i y
so desired it understood iu casting thjir
vote for the text book bill.
As soon as the bill h 1 passed Mr.
Watts of Iredell, introduced a s nnle-
mental bill exempting the gruled schools
in Statesville, Ciia: lotte, Ki'?sto A'die
ille and Salisbury from the provisions
of the bill. This supplemental bill will
probably pass. It w:'s referred to the
Committee on Eduction.
A rWnrn.tnn.t ftv. ..,vi.. v,,. ...AncrJ Tt n to the m- resnmpfl. the npiidmc nnttii-n hoi nor iha surea 'that it was now nv.its vtv tow i xi.? i
i.jv iuv:! . uiiiiit; ui luc van ul- itiii.- . . . -r -- 7" vuiraijes iwi mnK was acuumpiisaea yes
amend the bill but tu, friends" of ,he Jorest of the one school mU amendment offered by Mr. Allen of Ne- ito rennrinlh? S terday lat the session of the foreign min
measure stood steadfast and vot d do.vn to ,nave. tn" feV.b"! JJ it not braska' ProvidinS that c d fs uoa en- $150,000 to $300,000 a year, and that If inters. After the reading of the Indict
amendment after amendment. 1 TVl TSLn." Lt Statc-svilie tering the academy should ta' e an o:ti illL0 ment an argument followed. The Chi
The text book bill was trd'en up at ; great way to do so.
11 a. m., it being the special order at j They say they are afraid of the Com
that hour. After the bill ha I bern read mission! We hear this from the book
seven amendments were sent forward j trusts. The trusts are anxious to gob-
The first of th"se amendments was of- ble up the State and whenever I find
fered bv Mr. Watts of Irrd. 11. an 1 it that the trusts are for a measure I get
exempted the graded schools of St t s
ville. Letters were read from the school
officers and trustees of the Stat s il'e
graded schools asking that the graded
schools of that town be exempted.
Air. W.-tts speaking to bis amed-
n.e,t. s-id that the school officials of
st.lteVville deniwl thr.t the sraVa
schools of that place bo excluded fio n
1 h- .ntipva tion of the bill. He urged t ie
House to adopt his niii' irhnent, nl to
permit the school directors , of Mates-
ville to run their own scnoois.
Alr. Spainhour ast-e-1 if the amnd-
ment was ado-ted world it not hurt the
schools of Statesville rather than
h-l-i
them. He said a chang- in t'ie b-o'-s
used by the children of t'e public fcho-.'s
might prevent soe children from r-
tending the graded school. II sa d
two diffprent sets of boos wo .'Id b ;n
?n 5,11 nrobabibtr. -He sail ibi
fact might keep sorve children away
liiiiii m . i""
Mr. Watts said he did not knew n
ereat deal about schools, but he nsk d
to have read a letter from D. Matt,
Thompson, Pq.. the snper'nt-ndent of
the Statesville graded schools, whom he been hired by the dozens on this bill. As ; uieuiciuai uiuj, V I ' ' " " I Ii,". " i. ' " with Bri ince Tuan. and carrred out at He-
declared was an authority on the sub- a -eneral thing we ought to listen to : ready has been paid shall not be reqmr- occupying nearly three hours, to th3 kJ pla for the annAilaion of for
iect of schools. Representatives on local matters, but led to pay further tax., qnestion -of railway n,a,I pay, : ..No co .- eigners. He .commanded; the troops who.
' lnf1 Connor, th chabmn nf h
I - - - - - - " -
bcrs executing' their grid d schools. Fe
said he would, like very murh to see th
bill pass as it came from the Scmte.
He made the point th-t the rhoi s
which asked to he. exe pted woul I b; e
the advantage of the reduced rri es
which would be derived as the resUt of
State adoption.
In repiy to a qnesfon from Juge
onror as to how he intended to vote,
Mr.' .Watts- said he h id not reach-d -"a
school officers of Iredell, but declared
that this was no local matter. He stitrd .
i " ""- .w,iU(rv wiiicn in tne orner
tfide of the housvas called Senatorial
1-1 41 t" fhOT .M1 !.l.ilf. 1. . 1 I 1 . 1
11 o'c'ock Committee on Kducfon, stated that th. ; ;3Ir. Craig of Buncombe, said the b.:i mg tne ia u ui " rf " ii TC- Kna u -r--
op ned bill find been carefully considered by ought to psss as it came. from the Sen- tmougn , ""." Z "a h.w7 - Tnne. one of thte officials 05
. agwell. the joint committee and that thr Sen- ate. Continuing he sid: 7e 7" w . .2T" Veas hr rot hostile toward foreigners., advised .their
with. ate had pnssed it exactlv as reported. "You know how much difficulty we Jr. ;,&u" lvl V fr ,u i,n o.t w nt;i h- w,. fnrth -r - extermination.' He was -ah accompUce
d to the He stated that the commit t-e had d's- have had in getting the b.a this far. cents unsteau ox x ui, piw ; ""- Zx Z nZ all the Boxer plots and exercised all
Elections, cussed the quPFt'on of exenn tiug grad d The lobby is swarming -with men who m value or tne mercu-nu.be cove;ea .w mi - " his influence m tneir ravor wjth the xni-
bv - schools mz unnv cino to the coiumu- hp fihtin this measure. 1 have an preiejuucu iu w w ? " , . yi- wai. .
ens for and r oh that it world be best to inc'uT t e amendment to cxemot the graded schools A committee amendment modifying the Mr? Burke of Texas, spoke ,n oppoH- Chu Chin Yu is a son of the last nam-
in Kobeson graded and public schools a f e Judge , tat C am not pushing it tax on cigars and cigttes in acco.d- " alainhin
Connor said he had no .Wstion to now,: as I. want the bill to pass. I think ance n "LJ S. LtZoJii ahor mu ae 3
on. interfere with the Eiiru m ut of me-fl- it best to introduce a supplemental bill ousiy Dy jx. m. t u.u.v o , the members of the Tune-Ivi-Yamen.
.Jit leiiuim uu;i, -Mill rnir nr nnnH r .fmif tn en oxt hnn?s fAr tioch Hmn 1 1151 1 02. umci " ,
rmoA 1. .,. " x - c,:,r "x. -Massachusetts - urc-ed that 1, em use it- was to be consumed by tnree rope
he hoped to gain light and information todo so. Another provision of Mr. the taxation of Me insurance W or ".r. fromn
jur. . Jtonntree of Xew II.no er. s id Wright's amendment requiring book com practically was inueieuMu,. a iu ?l! ternto i: , ' ritnPnt wll bi
ne oiu no-- tisu to interfere w th - the watiips to redeem old- books wn senses-.Tieious. ; . "-. -- --- .. . .
and should not be used in . a qu. s.ion
like this. He maintained that lini'orm
adoption by the State would benefit tae
poor people of the State. ;
'It is a matter of great surprise to
me that there is so much Opposition to
such a simple proposition as unuorm ty
of adoption, Mr. Kountree declared. ''It
needs no argument in its -behalf. It n
clear that the noor people of the State
will be saved a great deal of money i y
this bill. It is apparent that where sucii
a tremendous tight is being mad 3 a
large financial consideration, is involve!.
I had hoped that we would be spared
a repetition of the disgrac fl fight ov.r
the book uuestion- two years ngo, but it
seems not. The most insidious way of
attacking a bill is to introduce tome
local amendment." ' v ,
"I take it that the text book commis-
sion, of which the governor is a member,
win pruviue 011c -raicui ui
the graded schools and another for the
public schools. I know that the gen
Ci'emen of the commission will tase coun
sel with the graded school superintend
ents and teachers in the State as to fhe
selection of books for the graded schools.
In Raleigh and Wilmington and else
where in the State graded schools d.
sire to get books as cheaply as posse.
Unless we have reversed the law of sup
ply and demand, a man with a grain of
sense knows that the greater tlie num
ber of school books used te
cheaper
as well in secuiOflg cheaper booKs..
i'This bill ousrht to pass ami l none
it will not be killed bv the insidious
method of excluding counties. One of the
best bills in the House two years ago
was killed in this way."
Mr. Watts: "I have no special interest
in this matter. The superintendent of
this matter ioenm
i
I
our gradea scnoois anu iut- uuiic ( .... . , . . . outness. . '
the schools have unanimously ased me ' maintaining that tae provision againtt f iIr Aidricn sa3d he had no objec- cussion, that when the question of pun
to have the Statesville graded schools hazing in the bill was sufficient. j tion to the amendment, and it wai? agreed ishment for ithe ringleaders in the out
excluded. That is all I ask. I. want our I In supporting the amendment Mr. A'- toi, t ' , m ' J'-' 1 i rages was concluded they would tadi-
school to be let alone. -
.Mr Stewart oi nevi, am - -
; to give the poor children in .onn cai -
olina cheap books. He said he hoped
to see the time come when every nttie
tot in the State is in school.
People who have studied this bill have
come to the conclusion that it wnl save
the people of the State from $25o,- to
$300,000 annually. This is ray object
in supporting the bill. I" have taught
school and I think I know something
about this matter. And I want to say
that I think the highest calling which
nnv voung man can make is to ins-
j knowledge in the youth of the
land.
Tennessee has passed this bill -and it
has worked successfully there. In Bun
combe county school booksj-ost over 8,
winle in Tennessee the-chtidrea pay au
average of only $3 for the same books.
Why should we be required to pay $1.50
more than the people of leuncssee tor
school books for children? These boot
, companies are not sending loboyists and
,' agents to every county in the State and
employing able lawyers to defend them
, for nothing. The people who buy books
j pay these lobbyists, if for no other rea-
; son I would support the bill, because
'. the fusion octopus of shame and sen-
dal, which met here in lbvo, repealed
it.
We have got as good a people in North
Carolina as live ou the earth. All that
they need is to have their standard of
intelligence elevated. And this is one
on the other side. I am willing to leave
the selection of boo'-s to Governor ' Ay
cock and I believe the people of Xorth
Carolina are willing to do so.
Mr. Stevenson of I re -ell: "I am in
favor of the amendment of my colleague.
It. has been an iron-clad rule nnpiiT
members of this House to support local
measures introduced by Representatives)
I have stood on the floor of this lion -e
and voted for 100 bills that I knew noth-
big about and only xaene o,
Kcpresentativcs tviio ii"aun.i
; "Tbe Statesville graded school is not
nn experiment. It has done a great and
cood work Dr Thompson, the superm-
teudent of the school, has done much
fowprds making our schools a success
and he asks to be excepted from the pra-
visions of this bill. I know the States;
i-uio cohnnl has been a success."
-vr- AM.n of Scotland: "I am on-
posed, to any measure that will array
it ' . ... ho tnTn T om 'f w
Hie COUlll.y iiS'iiiifi- iwv, vw.,u. -
this bill If for no other reason I wo Id
"
be for this bill because of the largo
amount of money that has been spent
to accomplish its defeat. Art
luX ta t n wl matter. .1
L1I1.1 1 -J itVl- M. ' "
it best to introduce a supplemental om
at a later day exempting graded
.,.ho0U .
Mr Wri-ht of Rowan, introduced an
amendment reouirin- the sub-com ritt.ee
mendmcnt r qui m ! twt,, ni,
to tke the oath that they had not b.en
in the employ of . boo company tor
at least-five years and that they shtll
not pass noon any manuscript of their
own. Mr. iV right declared that a mm
who had received money from a boo
company within two years was not com-'
HflTlIPS
..hnns were made. i
-This l.eirislatiire ir, filled with !
Continued on second page
fl!
1
I
Ul
TL. ofl i iu . m
" lib CCilcUS IM0W liaS
the
Task in Hand
THE WORK PROCEEDS
i . . ,
1 lYI 1 1 1 ta TV ACademV ApOrODna-
tion Bill . Passed After
Adopting rf -Amendment
to Break Up Hazing
Washington, Feb. 6 Soon aft?r the
Senate convened consideration of the
Military Academy appropr.ation bill was
not to engage in haz;ng. ana if tounl
gunty of hazing be uTsmised fio.n tae
academv and not be elitr'hl th -reafter at to require fhem ,to pay the tax luuty of inflicting capital puiushmenit ou
..taaemj ana not oe. eiig.bl. tn.reatrer wonId absolutely destroy their business. the offenderg decimated by the m'nis
to hold a position either in tie army r Mr. Scott of West Virginia offered anfe- tti? aesignaitea.. Dy taae m.nis
or in the navy of the United States amendment that in the case of bankers 'rs- The. arguments, however, resulted
, ' (who, were not in business in the piteeed- m no progress of, the peace pdenipoten?
Mr. Sewell of Aew Jeisey, m tharge i-ng yelar the tax should be computed on tiaries. - .
f the bm opposed the ameDdment,
i jeu asserted that the brutal prac.icj o;
- assaulting another who was his junior
."au ucc" luuliru.lu f uu.uiDAitm
ai me imuiaiy acauemj auu, lie u.iktku
it would never be broken up until the I Mr.-. McOomas offered an. amendment hisrh officials, whose punishment ttai
. . . , I requiring bank check stamps and other Chinese government has already decree. 1
most rigid measures were taken in good mps to be kept for . sale at tha poat SrVedeiSbut they SSt inl'J
faith to put an end to it. u 'iu . u " j iV , .". "Pon the extivme penalty. Through their
As agreed to the hazing paragraph ! Mr- Aldnch accepted the amendment spokesman, the ministers, alter -the re
reads as follows: j ZJt0 1. tal. of the Indictment against -these in-
"That the superintendent of the mili-
tary academy shail make
be approved by the Secreti
as will effectually prevent the practice of
lraziTtr, and any cadet found gu by of
participating in or encouraging or coun
teuauciiig such practice shall be sumaia
rily expelled from the academy and shail
not thereafter be reappointed to the
corps of cadets or beeJigible lox aPPOim .-, whole to. the Senate, where it was .artill p-Sor Ite Cologal, the Spanish5 mlnis
ment as a commissioned officer m the .open o amendment. . Iter, read the indictment which themin-
army or navy." l Mr. organ moved to insert a new isters had prepared against the following
The. bill as amended was tnen pwso.
Mr. Aldrich of Khode Island, caiied up
the War Revenue Reduction bill, and it
was read.
In response to an inquiry by Mr.
Cockrell, Mr. Aldrich said no written
report upon the bill had been -'submitted,
but he would explain the . commit
tee's action after ne had perfected tue
measure.
The first amendment added to the
words "promissory notes" (providing for
the repeal of the stamp tax on such in
struments) the words "and any renew
als thereof." ' v
The second modified the paragraph re
moving the stamp act on bonds, .mauing
it read as follows: - .
"Bonds of every description, not in
cluding however the bonds provided for
in the first paragraph of Schedule A of
said act, or bonds for indemnifying any
persons or persons, " firm or corporation
who' shall have become bound or engag
ed as surety for the payment 4f any
sum of money or v for the due execution
or performance sf the duties of any po-
sicion, ai:u.xu iuUl
ed by virtue thereof.
The amendments were agreed to.
Thp ncyA. amendment included "per-
fumerv and cosmetics" in the section
-" nd nrontarv nren-
r -i - " A
j arations It was agreed to
After the adoption of some other
amenamenis, inuai m iujiun, ,utua
amendments were onerea anu agreeu to
as follows:
nx-;i;v,rr a fnUta nnnn unWrPti
nackaees of cigars and tobacco; author-
izing the cancellation of stamps on fer-
mentcd liquors by perroration
ation; reducing
by one-halt the tax upon toreign mns or
exchauire: for the appointment of a com-
,
pctent perron to secure tne eniorcemenc
- - . ...
of the tax imposed upon legacies am dis -
tributive shares of property: P.,fl eucct upon xae wuu13
The amendment of the committee tx-
' "
agreed to. . - ,.
Mr. Allen offered an amendment ex-
erupting from the tax levied ur on iLe
insurance companies "any ik. t-mortem
assessment association organized an 1
solely ' for tie members there-
conducUd fcokl U e. members tuer
of. - .- -. . . - T
In response to an inquiry by Mr. Jones
of Arkansas, Mr. AU son sail the amend-
inent wouiu iii- "-'j-"- iw
cognized life insurance companies,
ma-
Mr. Aldrich declared in reply that the
four or five great lic insurance com-
:' Mr. Aldrich declared in reply that the participate In the consumption of -the TTne
I-, four or five great" lifo insurance com- Bonp." ' ' ' . . nese c
) ""4 than half the aggregate banking capi- twtil tomorrow: juouunwa oa
al of the United States. They, he said.
were doing a banking and guaranty bus
iness and were justly and properly sub
ject to taxation. ,
Mr. Gockrell asked Mr. Aldrich to
state the differences between the House
bm and tlie Senate- substitute.
Mr. Aldrich. replied that the House in
stead of reducing -the taxes took off a
number of them entirely, while the poli
cy of the Finance Committee was to re
duce them rather than take them off.
Mr. Fairbanks asked Mr. Aldrich
whether the reduction of revenue under
J the Senate substitute would be greater
or less than under the House bill.
Mr. Aldrich said the estimate of the
tha t under the substitute . the revenue
would be a trifle less than under tthe
House bill $300,000, he though.
Mr. Fairbanks asked what the surplus
would probably be iu 1902.
Mr. Aldrich said that the estimate of
Secretary of the Treasury was that on
the proposed appropriations for next year
there would be a surplus of $26,000,000
on the 1st of July, 1902. That estimate.
.however, contemplated an increase in
: expenditures by $83.(KX,000. If was
lenue proposed' by the committee was
safe and the treasury would not be em
barrassed by at.
Mr. Turley suggested that' the bill
should have continued thc stamp tax on
te!' CT;'rh -.!nd "express companies 'and
compelled these companies to pay it them-sveiS-es
instead of requiring their custom
ers to do ??0;
Mr. Aldi-ih Sfaid that as to the Weft-
m Union Telegraph Company fie was as-
it iv iiiiiii i nr- i i ii i it i?s i i ;t iiii i irr v iiiiif;iii
to pav its 5 per cent dividends. As to
the express companes, Mr. Aldrich said
the ? capital at the time of commencing
-the tax on bank checks one cent
x. vmnVu vi -"-f" , T z: T "-c
im"
. stead of two cents. ;
.check stf-ps' one cent was rejected
. eas . ..s .
such rid T t'y ibP th? mPtion-of rttelegraph and tele- ,after the explanation which has jus
such rul 8 ty phone- messages. Kejected-yeas 15, ,becn giTen to you, .that these persons de
tary of War, ; nays 3o. !-erve death "
"'i " iT --iT
- uf r' i?rglan offered an amendnient abol
ishlng -the ax on native sparkling wines
m bottles. After discussion the amend-
I ichfnff .tho iror .rwrt ft ri TTn onanlrliniv xi unn
loiuoiJivu ilu auicuu-
ment was reiected.
Various 'other, a mendmen!t'5 were of-
fered and rejected, and finally the bill
il 1CJIU1 ICT1 I tUlU IU.C- .TUlLLl.Lllt? UL
ruwu imiiu au luwiue.mi ui lo
per cent on-au incomes over four ttfious -
and dollars. After the amendment had mander in chief of the Boxers, and as
been read in full Mr. Morgan said that prefect of police he was responsible for
its object was to substitute the ancome offering a re-ward of from 30 to 50 taels
tax tor ithe . war -tax and to repeal the for every foreigner brought to him alive
latter. There was nothiag, he said, and for punishing with death Chinese
which jsrtaod in the way of an Income tax who protected foreigners,
(which was the law today) except to the, .prime Tuan was the prlacipal insti
supposed effect of the decision of the lor the Boxer movement, persuad
Sunreme Court of the United Sta.tes, mg the government that the Boxers af
and that effect was removed (in .the forded the best means of ridding China
amendment) by requiring-the Secretary nf foreigners. As president of the
of the Tmasury to appot-tion ,the tax Tsung-U-ramen he was -responsible fof
among -the States if the Consititution so ,tbe anti-foreign, edicts, among them be
reomred. - -ms that of July 2, the carrying out of
1 he amendment was rejected yieas 21, .wh3ch resulted in the masacre of foreign
uarI? vfc- , . - ers in Shens'i. He ordered the ' Chinecse
lheena.te Bubstitnte was th'en agreed troops to attack the legations and al
to and the hill, as thus amended, was ways opposed a cessation of hostilities,
passed without a division. - He was at the head of the party whkh
At oAo the Senate took a recess ifill 8 .secured the beheading of two members
P- - " . jof the Tsung-Li-Yamen for.favoning for-
leigners, and the author of the ultima-
THE iriAILS : ! turn of June 19, commanding the-minis-,
i Iters to leave Pekin in twienity-Cour hoiira. .
, - ' ! He ordered his troops to . kill any for
ecast Profit ble Part of Railroad e(ffIiers found an the stlWts, and was
Trnniporttitlon Bnines jthu3 the principal author of he murder
Washington, .'.Feb. 6. Without prelim- .of Baron Von Ketteler, the German miu
inary business the House to3ay went isfer " T . , -
into committee of the whole rosnm.K' -ed
. consideration of tae Postoffice . an- president of police ami was responsible
propriation bill Air. Loud of California, for offering rewards for foreigners. He
' chairnian of the rosroffice Committee,
commission, took the floor to discuss th3
onetions investicatert bv the commis. -
Q Wrt re-ard to Se iLidentaTuest
. ith regard to the mcuUntal ques
.
iJiicuiu-.i.v. , ..v- -
I "special facilities," Mr. Loud said the
commission agreed that they should be
commission aareed that thev
continued. The pneumatic tube service
m rhnadeiphia and i3o.ton.was not. ex-
travagant, but the service L m Aow lor e
"was conceived m sin and born. in miq-
uity" and should be crushed out. The
. m nuj
j iuupuiwi. xui i-ma. w u.u
' ... . j. . v
; p.eu
fu sions uau ueen xorceu upon-u m, -us
-.Jrtw r;v -nri
anu ,;-"- ,
Newton, Kansas. .. -
Tn the same line, Mr. Wilhams of
Mississippi, said he would pbe a enro-
mo to any man who world find or point
out a single difference between this ap-
out ,hip-subsidy "whth
' " " ,, nw tn nnnnw . on
we 'arc all 'J-f:-
broad "l
i"- - -v , .
when ins colleagues wouia ruix ; if
tbose principles-for a mess -of pottage,
participate in tne consumpuua ui -u.B
soup. m . ' ,
lie
High Chinese Officials Named
by the Ministers
A DOZEN IN THE BUNGH
Extreme PenaVtyv Not De
manded in the Case of All
Yu Hsien and Chwang Are
Reserved for the Headsman
Pekdn, Feb. 6. Aside from the presen-
tntion of the 5-nfliftmiATiit' osjiirnaf- 4i,trli
officials for itheir participation in- Boxer
. .
t" vmi.jura iiu an i.uey
Qau &am Derore concerning zae imposst-
: The nnfefera saJd. after the lonr di'
cate the names of th'e officials of the pro-
vmces who had committed crimes and
the penalties to be demanded,
i At -the beginning of yesterday's session
the ministers informed the Chinese plen-
' inotent, nr e thnt xm4t. nrinriM
"viauais, aia: -lou wu understand,
, The Chinese representatives
understand . the question that
T,hpv niri tho in.Tn.n tti
. . ...
way.
'hOTT cairl tha onmmimont ttaiiIH
vn irr, TnnA v.,.
prtesented many arguments why the'couit
cculd not Inflict capital punishment ou
XtlC Ot'herS.
.officials:-
1 rvin nharr nra r.fRaVr, vm
was one of the firat to open the g-atea of
. . Yin Ltden,- one of the Boxers and
Presclell't of tbe police, was an acpom-
in a11 the criminality and took
great part 1n the anti.foreign e
vnousnuuien,. oy , reason oi nis muu
and fls miinister of justice, was one ol
the leaders in (the undertakings against
ence a-s a memuer r tne grana. council
foreigners, who n'the Chinese gov
foreign'CTs, w;ho urjped the Chinese gov
- , ShuTr
thft ' u.tioTJ of two members of th
Xsung-Li-Yamen. ' r
Yu Hsien broueht to Hft and renwram.
, , , T, , iL -
lzea ane oor wvy nu was tne -an
, .. a. r - M
Lung Fu Hslang nroposed
ataoked the legations ana ms somiers as-
the members or the Tsu ne
iah Siu-wasone of tKe'most - hostile '
foreigners who used -all his influence ia
rvice of Hhe Boxers; al one of th
ailthors of the executicm of -the members
of the Tsung-Li-Yamen.
The Indictment -also relates the crime
of .KanYI and W-Rng-Heng as if ,
their punishment was demanded, - Both
these men are dead. - . -
Ti-Su (or Hsu) Tung Is also dead. His
son uu-vuiu-j.u iuuucw mm m comma,
suicide and promised that he would 'fol-
jow bis father's example. He placed -a
around nis lather s neck and ktck-
s.tool upon which he was standing
nder bim. When he found 'that'
fait her was dead the son changed his- -
about ioliow3ng nis example.
The nxinisfters declined to give the Chi
nese commissioners a copy of the indiO
Becond Page.)
y
7 1
V