People's party paper. [volume] (Atlanta, Ga.) 1891-1898, 1893-05-12
4 SUB TREASURY BILL.
[Republished by Request

January 9, 1898, Mr.. Watson intro
duced the following bill
A BILL to create the Office of Ma
tional Inspector of cotton and
grain, to provide for the issuance
of certificates of deposit, for the
issuance of post Office money or
ders thereon, to provide for the
payment and repayment Of such
orders, and for other purposes.
Be it enacted by the Senate and
House Of Representatives Of the
United States of America IN Con-
gress assembled, That the Office of
National Inspector of grain and cot
ton for the United States is hereby
created that said office shall be a
part of the Department of Agricul-
ture; that salary of ten thousand
dollars shall be attached to same, out
of which all clerical Office expenses
shall be provided for, including sta
tionery, and SO forth that such in
spector shall be appointed by the
President, by and with the advice
and consent of the Senate, and that
such National Inspector shall hold
office for the term of four years, or
until his successor is appointed and
qualified unless sooner removed by
death, resignation, or removal for
cause that an office shall be assigned
him IN the Department of Agricul-
ture by the Secretary thereof. Such
inspector shall be at least thirty
years old, and shall have been citi-
zen of the United States at least ten
years.
Sec. 2. That it shall be the duty
of such National Inspector to pre-
scribe and publish rules and regula-
tons for the classification of all grain
and cotton deposited at the ware
houses or elevators as hereinafter
provided. Such classification shall
be made uniform throughout the
United States. He shall appoint
State Inspectors, one from each
State; shall approve their bonds
shall sue upon said bonds for failure
to comply with the conditions there
of shall keep them furnished with
the rules and classifcations made by
him, and shall see to it that they are
observed. He shall give bond, to be
approved by the Secretary of Agri-
culture, In the sum of one hundred
thousand dollars, conditioned for the
faithful performance of his duties.
He shall exercise a general super
vision over the State Inspectors and
their assistants, and shall require
from them monthly statements in
writing of the business being done
through this department. He shall
furnish monthly, if so required by
the Postmaster General, a statement
of the reports made to him by the
State Inspectors.
Sec. 3. That the State Inspector
so appointed in each State shall be a
resident of the State for which ap-
pointed, shall be at least twenty five
years old, and shall not be a broker,
banker, or dealer in options or
futures. He shall give bond in the
sum of fifty thousand dollars for the
faithful performance of his duties.
He shall establish and keep an office
in the capital of the State, shall re-
ceive a salary of five thousand dol
lars, out of which he shall pay his
clerical expenses. He shall appoint
deputies in each county or parish or
district of the State as hereinafter
directed. He shall take from such
deputy bond in the sum of twenty
five thousand dollars, conditioned
upon the faithful performance of
duty shall see to it that such deputy
has provided a suitable, safe, and
convenient warehouse or elevator
for the storage of cotton or grain, as
the case may be. Any owner of a
warehouse or elevator may apply to
be appointed such deputy, and upon
giving bond as aforesaid he shall be
appointed, there being no limit fixed
to the number of such deputies. He
shall make quarterly inspection of
such warehouse or elevator and see
that the commodities therein stored
for the purposes of this act are kept
properly insured and cared for. 1t
shall be his duty to countersign such
certificates as may be given by said
deputy when such certificate is &C
companied by the affidavit of the
ordinary, clerk of court of record,
sheriff, mayor, county Judge, or of
three dlsinterested legal voters of
said county, that such produce as
stated in the said certificate is in
storage in said warehouse or eleva-
tor. Said atfidavits shall be retained
by him as vouchers. He shall re-
quire of his said deputies monthly
statement in writing of the amount
of produce stored, the names of de-
positors, the certificates issued and
of those redeemed, and so forth, and
shall thereupon make like report
himself to the National Inspector.
He shall keep all his deputies sup
piled with the rules and regulations
and classifcations of the said Ma
tional Inspector.
Sec. 4. That said deputies shall