The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1892-06-14
CALAMITY WALLER PETER
Thinks the Republic Will Go Down I'm.
less the Money-Lenders Are Destroyed.
To accOmIliSa tie | at er lie AdyOc ,te' Meas
ue frovl,ing for FEDERAL Lean lurelus
and PiO uce Warehouses

WASHINGTON, June l3-Not one of the
Senators W no have been in attendance on
the Minneapolis convention Was In the
Senate chamber this morning when the
session opened. There were but twelve
Senators present on the Republican side
and few more than that number on the
Democratic side. The first indication of
the Democratic exodus to Chicago was the
granting of leave of absence to Mr.. Voor.
hees until the Goth inst.
The pension appropriation bill. with
amendments. was reported back f'om the
committee on appropriations and placed on
the calendar. 1t carries total of Sl46, 49,
$50, whichis an increase of Sll.9l2,2S4 over
the House bill and is 1921 200 less than the
estimates. The bill as reported exceeds
that of last year by l1,l22.565. The prin-
cipal increase over the House bill is SILL
800, ga for army and navy pensions
The bill introduced by Mr. PETER on the
Goth of May, ito increase the currency and
provide for Its circulation, to reduce the
rates of interest ard to esta bilsh a bureau
of loans" was taken from the table and
MIR. PETER addressed the Senate In ex-.
PLANTATION and adv Ocacy of IT, 1t provides
for the appointment by the President of
three commissioners, TO. hold ofnce In
Washington, whose duty it shall be TO es-
tablish loan agencies. one At the capital OF
everv State and Territory and at other
convenient places. snch loan agency TO be
known as the central loan agency for that
State or Territory. The business of these
local agencies Is to he to lend money To the
people on the plan of weli-regulated real
estate and loan agencies, secured by real
estate. The loans are, TO be for
not less than one year nor longer than -
500 nor more than s.. 500 TO any one person
or family. There Is no provision As To the
rate OF interest. In order to provide funds
treasury notes are to be- issued equal In
amount to $l.50 for every dollars worth of
gold and silver coin and bullion belonging
to the United States, the bullion TO be
estimated at its coinage value. No bank
ing brm. company or corporation IL mere
al ter To recelN g interest Mt higher rate
per annum than per cent. for short time
or per cent. for a year or longer. hero
is "a section in the bill providing for loans
tat One-third OF per cent month"; by the
bureau of loans for less than twelve
months on the security OF personal prop
erty, whenever any State shall have pro-
vided warehouses for agricultural products
such as cotton. wheat and tobacco. and for
manufactured articles that will not dete-
riOrate by storage few months.
Much of Mr.. PETERS speech was in do
nunciation Of usury. which. he said. was
breaking do ~n the Republic. The people.
he said, were In earnest about the matter.
The Republic would 60 down unless the
people were. saved and there was no way
of saving them except by destroying the
great evil OF usury. The bill was In that
line. 1t was suggestive and helpful and at
least deserved the consideration of the
Senate Mr.. PETER said that he had eX-
amined the constitutional question. and
that he believed Congress had as perfect
authority TO lend money TO the people as 1t
had to provide for carrying mails or pack
ages, or determining the rates which rail
reads may charge for the carriage of
freights or passengers. At the close of his
speech the bill went over without action.
Mi. Mcpherson gave notice OF his lnten-
ton To address the Senate next Wednes-
day on the bill for the free coinage OF sill
Yer, and Mr.. Morgan gave notice tha; he
would do 80 tomorrow. as he expected
that there would then lie a quorum In the
Senate. The Senate then adjourned until
Tomorrow.
Making Citizens Ont Of Indians.
WASHINGTON, Juno 13.-In the House to-
day, on motion of Mr.. Peel of Arkansas. q
bill was passed providing that Indian chill
dren shall be- declared to be citizens when
they have reached the age of twenty-one
years, and shall thereafter receive no sup
port from the government. provided they
shave had ten years of industrial training.
Mr.. Otis. of Kansas. asked consent for
the present confederation of a resolution
reciiIng improper conduct on the part or
Secretary Noble and Commissioner Carter
in regard To the MAXWELL land grant, said
conduct being alleged TO be In pursuance
of conspiracy entered into some years
ago by stephen Is. Eikins and j. A. Will
iams0n. and asking for special committee
OF seven members to inquire INTO the mat
ter. Mr.. Payne. of New York. OBJECTED and
the resolution was referred.
After action upon some District OF Column
bia measures the House went into COM
mlttee of the whole, Mr.. McCreary, OF
kentucky. in the chair, on the fortitication
bill. After dispensing with the first read
ing of the bill the committee rose without
further action. The House then passed
some minor bills and adjourned.
In the consideration" morning hour,
Senate bill was passed with an amend
mentl authorizing the entry OF the lands
chiefly valua tile for building stone, under
the placer mining law. Also the bill to
protect settlement rights where two or
more persons settle on the same section.
Wonid Destroy the Y,n-PIate Industry
WASHINGTON, June 13-It is the present
intention of the Democratic managers to
call mp the tin-plate bill when the forti.
fications appropriation bill is disposed of
by the HOnse. The consideration of the
tin-piate bill will probably occupy several
days. so that il is doubtful If any other
tariff measure will be called mp during he
week. Several conference reports are OK
pected and If presented will occupy the at
tention of the House after the tariff bill is
acted upon.
Judge Massey May Succeed Justice Bradley.
WASHINGTON, June 13.-It was reported
here to-day that Judge George V. Massey,
of Wilmington, Del, had been tendered the
office of Justice of the United States Su-
preme Conrt. made vacant by the death of
Justice Bradley, but IL Is impossible to
verify the report. either at the White
House or at the department Of Justice.
General Notes.
WASHINGTON, June 13.-Offers of silver
to-day aggregated 534,0 G0 ounces. The
amount purchased was 33s, 900 ounces, at
$500 9 so cents per ounce.
During May exports of breadstuffs from
the United States were valued at Sl9, nc, 1884,
against s12. $50, 23l IN May of 1881; of pro-
visions. $40, 5Ol. So. against S7.O6S,OO in
1891: and of mineral oils, SO 1922 against
s. 10. 2,6 in May OF 1891.
Representative Peele. from the commit
tee on Indian affairs. to-day reported I'd the
House bill ratIfving an agreement ior
the cession 10 the United states of lands in
the Cherokee Outlet. The amount of land
49, III 10, solx 81.