The Caucasian. (Clinton, N.C.) 188?-1913, 1896-01-16

proudest and most prosperous tinan-
clal country on the globe. In con
cluslon he mnde strong plea for
the free coinage of silver and imam
cial independence.
irrepressible. II we are TO have the
gold standard and the domination
OF the national banks, go to the people
and have them rivet the chains. But
| believe the people will respond
against wiping out one-half OF the
money Of the world, and favor OF
striking down the financial despot-
ism that is upon US"
Thirty seven pension bills were
introduced
Among other bills were the follow
ing:
By Mr.. SETTLE: a bill providing
for the erection of a public building
IN the city of Durham, \. C.-to
the Committee on Public Buildings
and Grounds.
Also bill to establish military
post at or near the city of Raleigh,
y. C.-to the Committee on Military
Affairs.
WEDNESDAY, JAN. Still SENATE
Five pension bills were intro
duced.
SENATOR Butler. wish to offer
and have read at the desk several
amendments to House bill 1904
which / intend to propose. Let them
be read for information and printed
and lie on the table.
The PRESIDING OFFICER. Amend
ments are printed under the rule,
The amendments will be read.
The Secretary read as follows:
Amendments intended to be pro
posed to House bill No. 1904 bond
bill by Mr.. Butler:
Amend section by striking on
in line |, after the word "be," the
words used in the payment o.
the current expenses OF the govern
ment," and insert IN lieu thereof thu
words "covered into the Treasury
l Amend by striking out section
and inserting in lieu thereof the fol
flowing sections, to be known as sec
tons + and 5:
SEQ. /. That the issuance of in
} terest- bearing bonds of the Unite'
States for any purpose whatever
! without further authority Of Con
gress, is hereby prohibited.
SEC. 5. That the Secretary of III
Treasury when redeeming Unite
, States notes, commonly called green
, backs, and Treasury notes issue
? under the provisions of the act o
= July II, 1890, and when liquidatin
5 either the interest or principal G
! any of the governments coin obliga
: tons, is hereby directed to max
: such payment in gold coin wheneve
i the market value of % grains G
/ standard gold is less than the NAL
e ket value of 4l2! grains of standar
3 silver, and to continue to pay i
;, such gold coin until the marke
t value of 25S grains Of standard gol
t shall be equal to the market valu
of 4l2l grains Of standard silvel
but when the market value of %,
t grains of standard gold shall b
t greater than the market value {
V 4124 grains of standard silver, b
o shall pay said coin obligations 6
; they mature in silver coin, and col
x tinue to pay the same in silver col
S until the market value of 4124 grain
d of standard silver shall be equal
< the market value of 25.S grains
If standard gold; and said notes, cor
ID monty called greenbacks, when
IF redeemed, shall be reissued, as pr
E. vided by the act of May 81, 1873"
n House.
Fifty-six pension bills were intr
d, duced.
10 THURSDAY, JAN. 9TH.
n; ~ Four pension bills were intr
40 Iuced.
&c a. Mr.. PRITCHARD presented the r
= tition of Athen Green, of Baker
- Vile. \. c., volunteer in Compa
W. C, Thirteenth Regiment Tenness
ro Cavalry, praying that he be allow
arrears of pension at the rate of s
y per month; which was referred
-; the Committee on Pensions.
AZ Numerous petitions for coast {
| ltuStS dt PoAAeS anu PS
y, tons in behalf of the Armenia
~ were presented. These are an eve
81 day Occurrence.)
&c There was a pretty cOnsidera
VI discussion of the Monroe Doctr
which was precipitated by the int
duction Of a resolution by Mr..
es- ker declaring that the Senate b
he the practice and principle of
'as doctrine to extend over the West'
lat Hemisphere.
is. Senator Stewart addressed
his Senate on the financial question,
, 1t immediate subject beng a resc
ion ton offered by Senator Elkins,
the West Virginia, and an amendm
m to that resolution offered by Sena
Ed. Butler.
re- Mr.. STEWART. Let the Secret
by read the resolution and the propo
ar amendment of the Senator fl
be North Carolina Mr.. BUTLER.
len The PRESIDING OFFICER. The
lad olution and the amendment will
'm- read.
led The SECRETARY The resolut
SuOmltltO Wy MI. hihlhS, boSon
lest 81, is as follows:
ed. "Resolced, That it is the sens
the the Senate that hereafter no DO
100. of the United States shall be soil
5 to private sale or under private {
hat tract, and in case of any sale
the bonds under existing laws the s.
ntl- shall be only after due advert
ook ment of such sale and proposal:
be vlted, aud then only to the hig
We bidder"
t 1t The SECRETARY. 1t is prop'
est, nv Mr.. Butler to amend the res
he ton by striking out all after
we're word "sold" and inserting the "
liter "For any purpose whatever. wit
cled further authority from Congr'
so that the resolution when amer
Ie of will read:
life s.p,ao7roT That II iS tho sens