The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1886-03-09
The Senate,

In the Senate to. day the prayer was
offered by Bishop Bowman, of St
Louis. The Chair laid before the Sen.
ate letter from the Secretary of the
Senate transmitting statement show.
ing the names of the privsts secreta-
ries of the Senators.
Among the petitions presented were
large number from local assemblies
of the Knights of Labor favoriDg the
building OF the Hennipin canal.
Senator Plumb, in presenting some
Of these petitions, said they all seemed
to emanate from some central source
as they were printed, and handsomely
printed, and while greatly respectin g
the bodies that sent the petitions, he
presumed there mutt be some stror q
private interest behind its movement
in the interest Of the Hennipin caral.
Senator Collum thought it,was rather
q great public interest.
Senator Logan took pleasure in in
PRODUCING these petitions. The car al,
he said, was great public work ana
would cheaper food.
Senator Henderson presented a pc
tition setting forth that owing to the
nois th at canal should be built by the
government. All the petitions were
appropriately referred.
Senator Vance offered a resolution
centecting the Committee on Civil Serv-
"thr Reform to report forth With the bill
u,oo, ore them providing for the repeal
""e' he civil service laws. The resolu-
IS 81, at Senator Vance's request, was
whai the present laid on the table. He
Win he would soon take opportunity
W address the Senate on the subject
matter of the resolution.
The resolution offered by Senator
Van Wyck was agreed to calling on
the Secretary of the Treasury for list
OF claims fled with his department by
the United States Labor League un-
der the act of June, 1875, making ap-
preparations for payment of working.
men in the District of Columbia.
The morning business having been
disposed of, Senator Brown at O'clock
obtained unanimous consent TO adj
dress the Senate on the subject of his
bill ito provide a new basis for the
circulation of national banks" The
bill provides that banking associations
shall deposit with the United States !
Treasurer silver dollars, gold dollars
and United States bonds to the |
amount Of 20 per cent. of the circulst. |
ing notes IS desired by such assooia-
ton. In lieu of these they are to get
United States notes 500 for each $40 |
80 deposited. The active circulation
OF the United Sta. es shall be $50 per
capita of population, and the Secre-
tary of the Treasury shall assume the
population to be 60,000,0OO, the vol
ume OF currency to be incre ased yearly
at the rate OF 81 per cent. The govern
ment shall have q first lien on
the bank as further security for the
not 8 Issued, and individual stock
holders shall be liable to the extent of
twice the par value of their sbares.
The per capita of circulation shall not
be held to include the bank reserves
6xed by law, or gold and silver that
may from time 10 time be in the
Treasury. The new notes are to be
legal tender for all debts public and
private, except customs dues, and the
principal and interest of United
States bonds made payable in coin.
At 3 20 o'clock pm. Senator STAN 1
ford announced - the Senate the
death of Senator Miller of California,
aud out cf respect to the memory Of
.s5e deceased Senator moved an ad. 7
: .unment. The Senate adjourned. :