The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1896-05-15
The Bill Finished in the Lower
House.
WILL NOT HAVE TO PAY
Senator Brown Reports On Loan
BiII-Act of 1892 IA Basis-The Bill
for Extending Fire Limits Passes
the Householder Important Items.
SiXty-SiXth Day.
Thursday, May IA.

Thursday, May IA
| The Secretary of the Senate gave no
| tfce of bills passed by the House.
Senator Brown also reported several
bills presented TO the President for sig
nature.
Se1ator Brown presented the report
of the special committee on loan bills,
which was in substance as follows:
After due consideration it has been
decided to offer a substitute Act in
tee In drafting this Act, the loan bill
of 1892 has been taken as a basis, but
some additions have been made, as, for
instance, the payment by the Govern
ment of premium of not to exceed D
per cent if wishing to redeem at any
time within ten years, the life OF the
bonds; also by making the principal
of the bonds a charge upon the con-
solidated revenue of the country. 1t has
also been deemed advisable to reduce
the rate of interest, and the substitute
Act limits the rate to no more than b
per cent. The amount asked for by
Act SO was $3.50 900 The committee,
after going through the different items
named with members of the Cabinet,
and for which the money is to be spent,
have increased the loan $4,000, which
increase includes quite a number of
items not in Act sc, but which the COM
mittee think should be provided for;
the principal items being for new light
houses in different portions of the Re-
public, and being a much needed i'm
provement and also a safeguard to our
marine interest
The committee recommended that |
Bills 20, q and SO be tabled and sub
stitute measure passed.
The bill drawn by the committee pro-
vides for a per cent. loan of $752,600,
bonds redeemable at any time on pay
ment of a per cent. commission. The \
report was adopted and the bill was1
to the Printing Committee. 4
The bill establishing new Board of
Health regulations came up on third
reading and passed by a unanimous
vote.
Following a number of bills to amend
the Penal Code, from the Joint Judtci-
ary Committee, came up for final read
ing and were passed without Opposi-
ton. These bills relate to gross cheat,
assault on public officer, malicious in
Jury and mischief, assault with certain
weapons, perjury and yagrants.
Senate bill No. SO, relating to carry
ing letter without canceling stamps,
provoked considerable discussion. The
first section provides a penalty of from
$5 to $50 for using stamps or stamped
envelopes that have once been used.
The second section places a penalty
upon carrying a letter from one point
to another without cancelling stamps.
stamp.
Senator Baldwin approved the last
section, as the officers of steamers often
times carried letters from one point to
another, and the stamps, if used, were
not cancelled. Thus the Government
was cheated out of money.
Senator Waterhouse opposed the sec
ond section, as it would work hard
ship on people who did not happen to
be around when the postofice was
opened.
The second section was finally struck
out and the bill passed the second
reading.
Senate bill No. AZ came up on second
reading with the report of the commit
tee. This is Senator Schmidt's bill for
assessing sugar corporation dividends