The advocate., 1891-05-06

money was paid.
Mr.. Cannon, of Illinois, said:
The committee, destring to guard the Interests
of the government and to prevent the recur
renee of the condition Of affairs that happened
at Philadelphia namely, the squanderiDg o
great amounts In expensive buildings, to guart
against the expenditure, say, Of four or five mil
lion dollars, provides In this bill that no NOR,
than the one million which we loan and TIN
amount which has been subscribed and might b.
donated should 60 into the buildings, and theI
the bill further provides to secure that no NOR
than that amount should be expended, and tina
the whole assets Of this corporation, after tn
current expenses from day TO day are paid
shall be held sacred to pay this 100000 to th'
government, provides for bond, which Is cOndi
toned az the act states, and the setting apart o.
the surplus after payment Of current expenses 4
indemnify the government. y
MIR. Kelley. An exhibition such as 10 propoSet
to be held at New Orleans, at which shall as
semble the world In It's best mechanical anC
commercial power, and In which convocation th'
American shall be the active and predominant
element, will pay the American people at a mini
mum estimate 800 for every dollar that may bt
lost, even If the government shall never receive
back one dollar 1t may loan 1t.
Mr.. Henderson, of Iowa. Iowa iS knocking a
the door Of Congress to-day, and am but vOic
Ing her feeling when ask that the government
shall loan from Its vast surplus In the treasury
enough to put this great exhibition grandly
Solldly and successfully upon its feet.
Mr.. Sumner, Of California. AS am clear II
my opinion that this is q constitutional PROPOSE
ton, do not hesitate, but cheerfully and eager
ly improve this two-mlnute opportunity to com
mend the bill.
Mr. Lane. do this for this reason; / recog
nized the propriety Of the loan to the centennis
exhibition; it was the centennial year
and was designed as q celebration our one
hundredth national anniversary. This, however
Is not for that purpose.
Mr. Horr. Then we required bond Of 0nl!
100000. Now the bond Is fixed here at $500, ,OO(
for loan Of 81 0O0 900, which, take 1t, Is ab0u
equivalent to what we did In the other case, an(
that bond Is not to secure the repayment OF tn,
million OF dollars but, as the bill itself will show
Is for the purpose Of securing the honest and eff
cient action Of the people In charge Of 1t, and I
careful expenditure Of the funds entrusted Il
them; and 1t Is fully as large as the bonds which
are usually required under our form Of govern
ment for any such purpose.
Mr.. McCord. favor this bill, and sm no
deferred from supporting 1t by the constitutions
question. 1t seems to me that gentlemen wh'
question the power OF Congress to legislate Ii
this way could easily satisfy themselves by find
Ing warrants In two or three OF the grantet
powers delegated to Congress. The one which
provides for the general welfare certainly ha
been constructed broadly enough to cover this,
And yet Mr.. Hall says this claus
is not broad enough to cover loa1
to the people.
Mr.. Breckenridge. Mr.. Chairman, In regar,
to the proposition now before the committee o
the whole, It amply involves the requirement 0
security for the repayment to the government o
81, 100000, and the question Of constitutions
power In the premises. The amendment Pre-
posed Is hard exacti0n; 1t Is an Unprecedented
exaction. This appropriation is not only just
ned by precedent, but 1t Is also, In my opinion
clearly within the purview Of the constitution
and the province Of the Congress- That claus
about which some gentlemen here sickle 8
much gives Congress power to raise revenue
and what does 1t say you may do with that reve
nue9 1t says you may pay the public debt, an
you may provide for the general welfare by az
propriations Of that revenue.
What is meant by providing TO
the general welfsrei Is it loaninl
money to expositions and corpora
tions and refusing to loan it to tn
people, who are themselves the ruler