Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1892-06-14

sNp TAr EsrABLlsHaCNT OF
LOAN AGENCIES.
Couccrnlne the CcsslOn Of Chcorkec
Laud 10 tie United States
Other Business.
ny telegraph to the NswL
toNGitIss.
senator FEEDER SAYS usury II nreah'
ing Down tie Republic.

senator FEEDER says U~ury IL nrcaL.
ing Down tie Republic.
WAAuNGfoN, June Is. 80 In the
Senate today the pension appropriation
bill was reported hack with amend'
nenta aud rat on the calendar. IL
carried total appropriation Of $40
733, $50; an increase VI sll ,gl2,9Si over
the House bill and 81 ,b22, 5j5 more
than last year. The principal items Of
increase are, sl0,DJ7, 1884 Ter army and
navy pensiOns.
Tho bill introduced by Senator
PETER, May Goth, "to increase the eur
rency, TO provide for H. circulation,
reduce rates OF interest aud establish
loan agencies at the capital OF every
State and Territory and other con
vonient places 10 loan money to people
secured by real estate In sums not less
than 800, nor more than $1,000, TO one
lcrson or family" makes no provision
a to rate of interest, by it-proyislons
no corporation or firm 10 hereafter 10
receive more than per cent. interest
on short time or more than ! per cent.
for a year or longer. Provision IL made
for loans on agricultural products IN
warehouse at the rate Of por cent.
Much Of Senator Pciler'S speech was
In denunciatlou Of the uHury which he
said Is breaking down the republic.
The republic would go down, he said,
unless the people were saved. There
IL no way VI saving them except by
destroying usuty. He believed Con-
gress had a. perfect authority under
the Constitution 10 lend money TO the
people as to provide for carrying mails
| or packages W determining the rates
which railroads may charge tor carry
Ing freight OF passengers. AT the
close Of his speech the bill went over
without action,
McPhomon gave notice Of his inton.
ton TO nddress the Senate wednesday
ON free coinage.
Morgan gave notice that ho would
| DO so tomorrow.
Adjourned.
THE HOUSE
committee on Indian affairs reported
| to the House n bill ratiiying nn agree
mUnt for the ccssion to the United
States OF lands In tho Cherokee outlet.
| Tho tract aggregates over elk million
acres, which will bc thrown open 10
settlement II the bill becomes q law.
On motion OF Ceel OF Arkansas bill
was passed providing that Indian
children be- declared citizens when
they reach the age OF n years, and
shall thereafter receive no support
from the government provided they
nave had ten years OF industrial train.
Ing.
Mr.. Otis Of Kansas asked consldora.
ton Of u resolution reoitlng improper
conduct on the part Of Secretary Mo-
ble and Commissioner Carter in re-
gard 10 the Maxwell land grant, said
condition being, II Ia alleged, n con-
apiracy entered into some years ago by
Stephen Is. Elkin and j. a. William
son, aud asking for n special commit.
tee OF seven members 10 Inquire into
tho matter.
Mr.. Payne OF New York objected,
ana the resolution WAS referred.
After action upon some District OF
Columbian measures the House went
into committee Of the whole on tho
Qualifications bill. After dispensing
y IT'D the first reading OF the Till the
committee adjourned without further
action.
In consideration Of the morning
hour the Senate bill was passed with
an amendment authorizing the entry
Of lands chiefly valuable for building
stone under the placer mining law;
also bill 10 protect tho settlement Of
rights where two or more p0rsOna
settle on the same section OF aEricul.
tural public lands before asuryey there.
Of.