The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-03-04
A NEW FINANCIAL MEASURE.
SENATOR ALLEN HAS SCHEME TO
PROTECT THE TREASURY.

II Provides for the Substitution of
Legal Tender Notes Issued by the
Treasury for the National Bank
Notes-SenatOr Chandler Reports
Resolution for the Appointment
of Committee to Investigate
senator MOrgan's Election.
Washington, March 8-During the bust
ness of the morning hour in the Senate
to-day bill was reported from the select
committee on international expositions,
and was passed. authorizing the Secretary
Of the Treasury to distribute medals and
diplomas awarded to exhibitors at the
Worlds Columbian Exposition-not yet
distributed-and appropriating $4,000 to
defray expenses.
The conference report on the army ap-
preparation bill was presented and agreed
to.
a bill entitled: ITO protect the treasury
department and for other purposes" was
introduced by Mr.. Allen and referred to
the committee on finance. 1t provides for
the retirement of all national bank notes
and the substitution thereof of United
States legal tender notes to be issue by the
treasury to the banks-the bonds now de-
posted as security for the redemption
of national bank notes to be retained in
the treasury as security for these legal
tenders notes.
resolution was also offered
by Mr. Allen, and it went
over until tomorrow, declaring
that, under the existing laws, all United
States bonds and legal tender notes are
redeemable in gold and silver coin.
Mr. Chandler. from the committee on
privileges and elections. reported a reso-
luton for the appointment by the presi-
dent of the Senate of a select committee
Of five senator's to inquire into the facts
and circumstances of the election in the
state of Alabama on the first Monday of
October 1894, which election resulted in
setting up a government and legislature,
which legislature elected a United States
senator, and especially whether such
selection of a state government was ac-
comphshed by false and fictitious returns
or other dishonest methods, or by violent
pratces, the committee to have authority
TO send for persons and papers.
Mr.. Hill called attention to the peculiar
wording of the resolution-that the COM
mite is to be appointed by the president
Of the Senate"
Mr.. Chandler admitted that his inten-
ton was to have the committee appointed
by the president of the Senate pro tempore
instead of the Vice President, but he said
that he would withdraw that point for the
present.
Il will renew it later" Mr. Hill said.
The resolution went over without action,
Mr.. Gray, dem, of Delaware, stating his
intention to make a minority report.
A motion to reconsider the vote by
which the Senate passed the bill author
lzing additional enlistments in the navy
was submitted by Mr.. German DEM, of
Maryland, and went over, to be called up
hereafter.
The AGRICULTURAL appropriation bill was
men taken up. 1t carries appropriations
10 the aggregate amount of 50, 262, 652. 1t
was passed with very little. opposition or
discussion, and is the sixth regular APP
preparation bill that has passed both
houses. The only other appropriation bill
mat has been received from the House
IS that for the Indian department, and
il IS now in the hands of the committee
on appropriations.
A message was received from the House
Withdrawing the House Cuban concurrent
resolutions of yesterday, and announcing
me passage of the Senate Cuban concur
rent resolutions, with a substitute-the
substitute being the House Cuban reso-
IutlonS. They were referred to the COM
hIltee on foreign relations.
Inc Senate bill appropriating $4,000 for
statue of Gen. Nathaniel Greene on the
battlefield of Guilford Court House. N. c..
70 commemorate that battle Fought on
March 10, 17SD was reported from the
lipFary committee and placed on the cal
After a short executive session, the Sen
eJe, at 5:15 o'clock, adjourned till to-mor-