Rock Island daily Argus. (Rock Island, Ill.) 1886-1893, 1886-12-21
IN SENATE AND HOUSE.
BILL TO LOCATE A MILITARY POST
NEAR CHICAGO PASSED.

Townshend of Illinois Wants Information
Banks in New York-Presidential Nom
nations - Argument for National
Prison-Gen. Logan Serious Ill.
WASHINGTON CITY, Dec 2I.-ln the SEN
ate Monday on motion of Hoar the consider
alton of the Pacific railroad funding bill
was postponed until the second Tuesday in
January.
Cullom called up the bill authorizing the
secretary of the war to accept large tract
of land for military purposes near Chicago
lat Highwood, on the north lake shore. He
said that Senator Logan, who introduced the
bill, was i'll, but being very DESTROYS to see it
pass before the holidays, had requested him
to call it up Monday. lie asked Senator
Beck, who formerly opposed the bill if he
was still opposed.
NBeck replied that he had letters from one
of the best men in the country, who said that
Chicago was the best location for a military
post in the country, as it was easy
Of access and point from which
troops could be sent promptly. The
location Of this particular plat of ground, he
said, wa especially valuable, being on Lake
Michigan and midway between Chicago and
Milwaukee So the bin was passed without
a dissenting vote
Wilkins of Ohio Monday reported back
and the house adopted the Weaver resolu-
ton calling upon the secretary Of the treas
ury for Information respecting expenditures
in issuing or cancelling treasury notes.
The foliowing..resolutions and bills under
call OF states were introduced and referred:
BY Townshend of Illinois requesting
th- secretary OF the treasury TO
ascertain whether any national banking as =
scciation in New York city has during the
present mouth leaned its surplus money or
deposits to persons operating in stocks and
bonds without security and merely upon re-
ceipt Of interest on the same for the purpose
OF enabling spectators to lock up an pre-
vent the US o. money in business transac-
tons d thereby produce a scarcity of money
and greatly increase the rates of interest on
loans: and also whether during the same
period, any Of said banks for the purpose
aforesaid, knowingly permitted the total
liability of any person, corporation, or firm,
to exceed the amount limited by statute in
said cases. The secretary is called upon 20
report all the facts to the house as soon as
practicable with such recommendations as
he may deem proper.
By Taulbee of New York resolution recit-
ing that it is stated in the newspapers that
the secretary OF the treasury has paid the in
terest on certain bonded Indebtedness of the
United States before said interest was due
and without rebate; that said advance Of in
terest was made for the purpose of affecting
certainsstocks in Wall street. and requesting
the secretary TO inform the house if
such interest had been so paid
and if so, why and by what authority By
Warner of Ohio, to provide for the invest
ment of the lawful money deposited in the
treasury by national banks for the reiemp-
ton of their circulating notes. BY Morrison
a resolution, which was referred to the COM
nittee on ways and means providing for a
holiday recess from Wednesday next until
ian J.
HiScock called up his motion to suspend
the rules and pass the bin increasing the du-
ties on Sumatra tobacco. Morrison op-
posed the bill he said on Saturday last,
the house with the concurrence of the gen
tieman from New York tHiScoekl decided
not 20 have any revenue egislation-neither
to increase nor diminish the revenues-and
indeed, rot to consider the question. After
further debate Hiscock's motion was de
feated-yeas ~, nays, l65.