The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1892-12-08
PROPOSED LEGISLATION.

Bills to Repeal the Silver Act, to Restore
Duty on Sugar, and 10 Cut ON Pensions.
WASHINGTON, Dec. 7.-Mr. Hill to-day
introduced In the Senate bill to repeal
the Sherman silver-purchase act of July
IA. 1890, except the fifth and sixth sections.
which do not relate to silver coinage. In
the House Mr. Williams submitted the fol-
lowing, in lieu OF other bills before the
House committee having in view the repeal
of the Sherman law:
Section /. That the Secretary of the Treasury
10 directed TO discontinue from and after the st
day of February, 1898, the purchase OF silver
bullion authorized and directed by the act en-
titled IAN act directing the purchase of silver
bullion, and the issue of treasury notes thereon
and for other purposes approved July IA, 1890.
Sec. 2. That after the passage of this act all
lating notes of national banks shall be placed
with the Treasurer of the United States TO the
respective credits OF tho national banks making
such deposits, and all the provisions or law shall
be applicable to such. deposits which were appli-
cable 10 like deposits before the passage OF said
act of July IA. 1890.
Representative Wilson of West Virginia
to-day offered for reference to the Houre
committee on rules the following resolution:
Resolved. That the committee on ways and
means be authorized and instructed TO inquire
and report as 10 the present condition OF tho
existing laws; and, to that end. the committee Is
particularly instructed TO ascertain the amount,
near may he, that will be required for pay
ment of pensions prior to June 80. 1894; tie
amount OF all unexpended appropriations, and
amount required to com plete works now author
ized by law; the items OF the sums to the credit
of dsbursing officers; the items OF probable rev.
enue between this date and June 80. 1894, and
the dates at which the same win he collected 10y
may he useful TO show the present and future
conditions OF the treasury.
Representative Caruth of Kentucky to-
day introduced tho following bill:
That no pensioner now or hereafter in the
service OF the United States shall be entitled TO
draw pension for any period of time during
which he Is or shall be entitled to the full pay or
salary which an lebodied person discharging
like duties TO the government Is allowed by law.
A bill having for its object the establish
ment of uniform revenue custom duty
payment of sugar bounties was introduced
In the House By Representative Harter OF
Ohio. 1t provides, in detail, that on and
after Feb. !. 1893. uniform tariff tax or
custom duty of one-half of per cent. per
pound be levied on all grades of sugar im-
ported into the United States, and that the
payment of all bounties to producers OF
sugar in the United States shall cease on
he 1st of February next Mr.. Harter also
introduced banking bill which provides
for the perpetnation of the national bank
ing system and the restoration of State
bank notes on q safe basis
Mr.. Miller of Wisconsin to-day intro
duced IN the House resolution for the ap-
pointment of n joint comtnittee of five
mem bers of the two houses. whose duty il
shall he to conduct an Investigation as "a
the propriety of making changes in the
revenue laws.