The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-02-19
CERTIFICATES FOR CARLISLE.
SENATOR'S PROPOSE TO ALLOW AN
ISSUE OF $IOO,OOO,OOO.

They Arc to Bear 3 Per Cent. Inter-
est and 20 he RedeemabIe at the
Option of the Government Any
Time After Two Hears-They Are TO
Be in Denominations of $50. $50
and 500 and MuItipIes of 800 Not
Exceeding 1000.
Washington, Feb lS.-The sundry ap-
preparation bill as reported to the Senate
this afternoon. authorizes the issue OF
S100,o0OOOO of treasury certificates to meet
the current expenses of the treasury;
appropriates money for the Blaine prop
erty in Washington and fixes the inter
est of Mrs. Blaine at $l50,0OO, with a provis-
ion that the interest of the lessees shall
be fixed by process of condemnation in
the courts.
The following is the treasury certificate
provision:
Section . That in order to provide the
moneys not supplied from current rev
enues and miscellaneous receipts and nee
essary for the execution of this act, and
necessary for the execution of any act.
or all the other acts passed or to be passed
during the present session of congress
appropriatiug money to be paid out of the
treasury for the fiscal year ending June
80, 1895, and also in order to provide the
moneys necessary to be paid out of the
treasury on account of appropriations
heretofore made for the fiscal year ending
June 30, 1898, June, 30, 1884, and June 50,
1885, and not covered in the treasury, the
Secretary Of the Treasury, with the ap-
prOval of the President, be, and is hereby
authorized to, from time to time. TO bor-
row on the credit of the United States
such sums of money as may be necessary
to meet said expenses and to issue, sell
and disposed of, at not less than par for
lawful money of the United States, such
an amount Of certificates of indebtedness,
payable to the bearer of the denomina-
tions of twenty, fifty and one hundred
dollars, or any multiple of one hundred
dollars, not exceeding LOCO dollars, as may
be needed for said purposes, bearing inter
est at the rate of not exceeding 3 per
centum per annum, payable semi-annu-
ally. and redeemable at the pleasure of the
United States after two years from their
date, and the Secretary Of the Treasury
is hereby authorized, with the appreciation
of the President, to cause such portion
of said certificates as may be deemed
expedient to be issued by the treasurer
in payment of warrants in favor of public
creditors, or other persons lawfully en-
titled to payment. who may choose to
receive such certificates in payment at
par.
And the Secretary of the Treasury may
in his discretion, uader the rules and
regulations to be prescribed by him, sell
and dispose Of the certificates herein au-
thorized at designated repositories OF the
United States and at such postoffices as
he may select and the secretary shall
use the moneys received for such certif-
icates for the purposes herein prescribed
and for none other. Provided that the
total amount of such certificates shall
not exceed lOO000,0O0; and, provided fur
ther. that the power 70 issue such GER
tidcates shall determine on the first day
of July 1896
And hereafter any United States bonds
sold or disposed Of shall be offered to the
public for period of not less than twenty
days, under rules and regulations to be
prescribed by the Secretary Of the Treas
ury, and shall be sold to the highest bid
der, in case such bids, or any of them. are
satisfactory.
The amendment originally introduced
by Senator Dolph of Oregon, which pro-
posed to include in the sundry civil bill
an appropriation of SS7 900 for the sugar
bounty for the year 1894, earned prior to
the passage of the new tariff law, repeal
ing the bounty provisions of the Mckinley
bill, was not passed upon by the Senate
committee on appropriations to-day for
the reason that the vote was a tie and
Senator Cullom of Illinois, one of the
members Of the committee, was absent.
1t was stated that Senator CoclSrell of
Missouri. the chairman of the committee,
win endeaYor to see Mr.. Cullom, and if
he finds the Illinois senator favors the
appropriation, majority report as com
ing from the committee will be ordered
to be made putting the bounty amendment
in the bill.