The state republican. (Jefferson City, Mo.) 1871-1896, 1896-01-02
TARIFF AND BOND BIELs.

lARlFF AND BOND BILLS.
The full text Of the proposed bond
bill offered In congress by the re-
publicans il as fellows:
! A bill to maintain and protect tho
coin redemption fund, and to au-
thorise the issue OF certificates Of
indebtedness to meet temporary de-
/ ficiencies of revenue.
Be 1t enacted, etc., That, in addi-
tion to the authority given TO the
secretary Of the treasury, by the act
approved January ID, 1876, entitled
"An act to provide for the resump.
tion OF specie payments" he is an.
thorized from time to time, at his
discretion, to issue, sell and dispose
OF, at not less than par, ID osin,
coupon or registered bonds of..the.
Tor the OBJECT stated in this section,
bearing not to exceed three perl
cent. interest per snnum, payable
semi-annually, and redeemable at
tho pleasure Of the United States, in
coin, after Ave years from their
date, with like qualities, privileges
and exemptions provided in said act
for the bonds therein used. And the
secretary Of the treasury shall use
the proceeds thereof Tor the redemp-
ton of United States legal tender
notes, and for no other purpose.
Whenever the secretary of the treas
ury shall offer any of the bonds
authorized for sale by this act, or by
the resumption act OF 1875, he shall
advertise the same and authorize
subscriptions therefor to be made at
the treasury department and at the
subtreasuries, and designated de-
posltories Of the United States.
Sec. 2. That to provide for
temporary deficiency now existing,
or which may hereafter occur, the
secretary Of the treasury is hereby
authorized, at his discretion, to issue
certificates OF indebtedness Of the
United States to an amount not ex-
ceeding fifty millions of dollars, pay
able in three years after the date to
the bearer IN lawful money of the
United States, of the denomination
Of twenty dollars, or multiples
thereof, with annual coupons for
interest at the rate Of 8 per cent.
per annum, and to sell and dis pose
Of the same for not less than an equal
amount of lawful money OF the
United States at the treasury de-
partment and at the subtreasuries
and designated repositories OF the
United States, and at such post
offices ~ he may select. And such
Certificates shall have like qualities,
privileges and exemptions pfovaaAa
in said resumption act for the bonds
therein authorized. And the pro.
cecds thereof 81 Ill be used for the
purposes prescfibed In this section
and for no other.
The following is the text of the
proposed tariff bill:
A bill to temporarily increase
revenue to meet the expenses OF the
government and provide against q
deficiency.
Be 1t enacted, etc., That from and
after the passage OF this act, and
until August l, 1893, there shall be
levied, collsated and paid on all i'm
ported woods of classes one and two,
~ defined In the act hereinafter
cited, approved October i, 1890,
and subject to all the conditions and
limitations thereof, and on all hair Of
the camel, goat, alpaca and other
animals, except as hereinafter pro-
vided, and on all shoddy, garnetted
waste, top waste, slubbing waste,
rowing waste, ring waste, yarn waste,
and all other wastes composed
wholly or In part Of wool, and on
all wooden rags, mungo and focks,
. duty equivalent to 80 per cent. of
the duty imposed on each Of such
articles by an act entitled can act
to reduce the revenue and equalize
duties on imports aud for other pur-
poses," approved October 1, 1890,
and subject to all the condit ons and
limitations Of said act; and on all
woods and Russian csmel's- h air Of
class three, rs defined In said act
approved October l, 1890, and sub
ject to all the conditions and limits-
tions thereof, there shall be levied,
collected and paid, the several du-
ties provided by the said act ap-
proved October l, 1890. And para
graph 279 Of schedule K, and also
paragraph 6s5 In the free list, In an
act entitled "An act to reduce taxa
tion to provide revenue for the gov
ernment and for other purposes -
which became law August "a,
1894, are hereby suspended until
August l, 1898.
! Sec. q. That from and after the
passage Of this act and until August
l.. 1898, there shall be levied, col-
lected and paid on all imported arti-
cles, made In whole or in part Of
wool, worstsd, or other material de-
scribsd In section l Of this act, ex-
oept - hereinafter provided, co. pei
cent. Of the specific pound or square
! yard duty imposed on each Of said
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