Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1897-02-27
IN THE HOUSE.
Mention Of Bryan in Record Stricken Out
Currency System Discussed.

Washington. Feb. Elm the House. an
innocent little two line item in the Record.
Thursday morning. stating the fact that
during the reading of certain bill.
Wednesday. Mr.. Bryan entered the hall
and was loudly applauded by members
On the Democratic side. evoked from
Jarrett Rep. OF Massachusetts i'm
mediaicly after the reading of the Jour-
mai an inquiry to whether the truth
OF history was correctly represented by
tre statement. He moved that it be
stricken out of the permanent record.
The motion l. unnecessary. the
Speaker stated with emphasis The
chair will direct the omission of the
words
The conference report of the agricu-
tnre appropriation bill was agred TO. As
agreed TO the bill carries a total 0. 49,
tS2 aG2
Having had the army appropriation bill
IN conference since January 10. without
having been able 10 agree upon the item
making provision for the maintenance OF
The hospital at Hot Springs. Ark Huh.
Hep. of Iowa. reported the failure to
agree to the House. The House voted to
recede from its disagreement. TO the Sem
ate amendment which had the effect of
continuing the appropriation for the hos
,ital.
House bill investing post Office iuspec-
tors in the enforcement of postal laws
with the same powers conferred upon
nited States marshals and sheriffs and
deputy sheriffs in the several states was
'asSed.,
Van Voorhis. Rep. of Ohio called up
he bin to increase the circulation of ma
honal banks by authorizing an issue of
notes up to the par value OF the bonds
deposited TO secure circulation. McRae.
DEM. OF Arkansas. raised the question of
considerations. and by a vote of l25 to -.
the House decided to go on witu IT.
An effort wills made to extend the limi-
tation of debate. without success and the
demand for the previous question was
seconded. 100 to S3. johnson. Rep. of
Indiana. the author of the bill. asked the
House. in view of the position of Walker
al the head of the COMMITTEES and OF his
long service in the House. that ne be
given an hour to speak on the bill The
request was granted.
The discussion OF the bill was opened
~ Van Voorhs. lie said il would upon
he bonds at present deposited permit an
'sue of S25.366.sa0 additional notes The
note holder would be absolutely secured.
because the bonds were selling at Is per
cent. above par value. The change in the
law WAS suggested in 1883 by Comptroller
CT the Currency Knox and had been
recommended every year since in the an
nuai reports of the comptrollers. In adj
dition there was Il revenue to the gov
ernment from the tax on the additional
circulation.
Go, Cox Dem. of Tennessee. opposed the
ti.l upon the ground that 1t did not re-
quire banks to take out additional circu-
lation.
Walkers speech was devoted to a criti-
NH.Ah W tht HsltiOflstl nalik law. winch he |
said. was one of the most blighting acts
ever enacted in this country The sys-
TEN should be reconstructed so. that
ranks could issue notes under natural |
conditions. as was being done under the |
banking system of every other civilized |
nation. Large cities protted by the pre- |
sent law. but it was a blight upon all the |
rest of the country
The national bank system. Walker said. |
amounted to practical prohibition against |
farming communities borrowing money. |