The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1898-06-30
THE DEFICIENCY BILL
CONSIDERATION CONCLUDED
AND THE MEASURE PASSED.
MR.. MORGAN's IMPORTANT AMENDMENT
Relates to Claims of Government Against Pa
cifc Railroads Mr.. Butler Secures
Fifteen Thousand for Fish
Culture Station in N. c.

Washington, June pa precendent
that will be historic was established by
the Senate at its session to-day. For
probably the first time in the history
of the Senate resolution was adopted
rendering the thanks of Congress to com
mon seaman, specifically naming them in
the resolution. The resolutions recon-
mended by the President was to tender
the thanks of Congress to Lieut.. Hobson
and other heroes of his crew, and Frank
Newcomb, commander of the Hudson
for his gallant rescue of the Winslow,
and her crew off Cardenas and retiring
on full pay Captain Hogsdon, for distin-
guished services at Manila.
Consideration of the General Deficien-
cy bill was concluded. and the measure
was passed. An amendment of great im-
portancc was attached to the bill, practi-
cally by general consent. 1t relates to the
settlement of claims of the government
against the Pacific railroads. 1t was
offered by Mr.. Morgan, of Alabama, who
made strong appeal to the Senate for
IFS adoption. Before it was agreed to
Mr.. White, of California, proposed some
amendments to it, making it even more
nding upon the roads than it was in
its original form. The amendment in
full follows
THAT the Secretary of the Treasury.
the Secretary of the Interior and the
Attorney General and their successors in
office be. and they are hereby appointed
commission with full power to settle
the indebtedness to the government
growing out of the issue of bonds in aid
of the construction of. the Central Pa
clfic and Western Pacific bond-a ided
railroads, by such terms and in such
manner as may be agreed upon by them.
or by majority of them. and the own
ers of said railroads. Provided: that any
and all settlements thus made shall he
submitted in writing to the President
for his approval or diSapproval. and un-
less approved by him shall not be bind
ing.
THAT said commission shall not
agree to accept Il less sum in settlement
OF the amount due the United States
than the full amount of the principal and
all amounts necessary to reimburse the
United States for moneys paid for inter-
est otherwise. And also provided.
that said commission are hereby impow-
cred to grant such time or times of
payment hy instalment. and mt such
-
per centum per annum, payable semi
annually, and with such security as to
sald commission may seem expedient.
provided, however that in any settle
ment that may he made the final pay
ment and full discharge of said indebted
ness shall not be postponed to exceed
ten years and the whole amount. Drin-
cipal and interest shall be paid i'm equal
semi-annual installments within the Pc
riod so limited. and in any settlement
made. it shall he provided that if de-
fault shall be made in any payment of
either principal or interest or any part
thereof that the whole sum. and all
lnstailments, principal and interest slall
Immediately become due and payable
Notwithstanding any other stipulation
of said settlement.
That there is hereby appropriated the
sum of twenty thousand dollars to de-
fray the expenses Of said commission in
making the said settlement"
An amendment offered by Mr.. Butler,
North Carolina), providing for fish
culture station in North Carolina and
appropriating $4,000 for the purpose,
was agreed to.
After the passage of the deficiency bill
consideration of the Hawaiian annexa-
tion resolutions was resumed, Mr.. Caf-
ferry. Democrat. louisiana, concluding
his speech in opposition to annexation.
At 5:05 o'clock, the Senate went into
executive session and adjourned at q
o'clock