St. Paul daily globe., 1886-12-14
THE HOUSE.
A Number of New Bills Introduced
Relating TO Subjects of National
ImpOrtance.


of states the following bills and resolutions
were introduced and referred:
By Mr.Oates, Ala.-To prohibit the appoint
ment of congressional committees to attend
funerals, and TO prohibit the draping of pub
lie buildings in mourning, except by order Of
the president; also authorizing the appoint
ment of clerks to senators and representa-
tiveS who are not charmen of committees.
By Mr.. Lawler, Ill.-ReSolutionS reciting
that the rapidly accommodating surplus in the
treasury is in excess of the needs of the gov
ernment for its support and the discharge of
the bonded debt; that the coast defenses are
inadequate to protect the lake and seacoast
cities; that nearly 100000 men are unem-
ployed, and declaring it to be the sense of the
house that a large proportion of the surplus
in the treasury should be expended, through
liberal appropriations, for repairing and
properly eauipping the coast defenses and for
the construction Of ships.
By MIR. Weaver, Ia.-A resolution calling
on the secretary of the treasury for informa-
tioB as to whether any portion of money ap-
propriated by the sundry civil bill of last
year has been expended in issuing treasury
notes of large denomination in lieu OF notes
OF small demon" iatlOn, cancelled and retired:
also to find how many 81 and $40 notes have
been cancelled and destroyed since the
passage Of that act, and by what authority
said notes have been destro ed, and how
many of said notes were mutilated notes. and
whether notes of like denomination were
issued in their stead.
By Mr.. Townshend, I'll. (Bv request)-
Granting the use Of the hall Of the house on
the evenings OF Jan. 25, 26 and ~, to the
National Woman's Suffrage convention.
BY Mr.. Allen, ss.-Granting pensions to
postal railway clerks who have become aged
or disabled in the service.
By Mr.. Moffat. Mich.-Grantipg the frank
ing privilege to inmates Of the soldiers
homes.
By Mr.. Hewitt, N. Y.-Authorizing the
secretary of the treasury to anticipate the
payment Of interest on the bonded debt of
the United States, and to provide for special
deposits Of the public money. The following
is the
TEXT OF THE BILL:
Section l. That out of any money in the
treasury not otherwise appropriated, the Sec
retary Of the treasury Is hereby authorized
and empowered to anticipate the payment Of
so much of the interest on the interest bear
ing bonds of the United States as shall be in
excess of the rate of 8 per cent. per apnum,
by the paymen in gross Of such sums in each
case as shall be equal to the aggregate pres
ent worth of such excess of interest thereon.
And, for the purpose OF ascertaining such
present worth. the interest upon the amount
paid by the United States in anticiation of
such excess Of interest shall be computed at
the rate of per annum reinvested quarterly,
so as to secure to the United States the ben
eft Of compound interest thereon.
Sec. That when such payment OF interest
in anticipation of the maturity thereof shall
have been accepted by anyhoh der of the bonded
Indebtedness of the United States the bonds
shall be distinctly stamped and properly in
dorsed In such manner as tNe secretary OF the
treasury may prescribe, SO las to show the re-
duced rate of interest thereafter to be paid
thereon; and the coupons, If any. shall be cut
Off and cancelled, and for the coupons so can
celled shall be substituted new coupons bear
ing the reduced rate Of interest, and the
bonds so stamped shall be receivable by the
comptroller of the currency as security for
the issue of the circulating notes of any ma
tiona banking association to the full extent
of the par value of said bonds instead of so
per cent. as now required by law.
Sec. 8. That it shall be lawful for the sec
retary of the treasury to deposit from time to
time with any National Banking association
any portion of the money In the treasury not
otherwise appropriated. upon the security OF
an equal amount of the bonded or other in
debtedness of the United States, provided the
whole amount of special deposits thus made
shall not at any time exceed 100000, 900; and
all such deposits shall be subject to call upon
such notice as the secretary Of the treasury
may see fit to prescribe.
OTHER BILLS.
By Mr. White, Pa-For the free coinage of
silver.
By Mr.. Cox-Fixing the salary OF the civil
service commission at So, 900.
By Mr.. Springer, Ill.-For the admission into
the Union of Dakota, Montana, Washington
and New Mexico.
By Mr.. Throckmorton, TeX--Providing for
the leasing of unoccupied Indian lands.
By Mr.. Holmes, Ia.-To quit the title Of set
tiers on the Des Moines river lands.
The speaker laid before the house sup
Elemental report from the secretary of the
treasury. relative to the collection of customs
dues. Referred.
The house then adjourned.