The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1898-06-16
INTERNATIONAL BANK BILL
Remains the Subject OF Warm Debate
i'm the senate.

IN the senate.
Washington, June 15.-After passing a
number of pension bills and listening 70 a
carefully prepared speech on the advan-
tages of Republican tariff legislation by
Mr.. PrNchard IN. c. the senate today
resumed cons 6era:Ion Of the information
al bank bill. An amendment was accept
ed by the committee and adopted extend
ing the privileges of rne measure TO all
citizens Of the United States instead of
restricting them 10 those mentioned n
the bill. When the senate adjourned con
sideration of the bill had not been con-
Guided.
After the transaction of some routine
business the senate under a special order
began the consideration of bills on the
private pension calendar.
During the consideration Of the pension
calendar thirty-two bills were passed in
thirty-three minutes. Among the bills
passed was one increasing the pension of
Mrs. Margaret Love Skerritt, widow Of
Rear Admiral Skerritt, from $50 TO $50
montS.
Mr.. Cockren (Mo.) reported from the
military affairs committee a bill 10 pro-
mote the administration of justice in the
army and asked for its immediate consid-
Grafton. The bill provides for the ad-
ministration of justice by a summary
court. 1t was passed.
Mr.. Prltchard then addressed the senate.
At the conclusion of Mr.. Pritchard's
speech consideration of bills on the general
calendar was begun. Among those passed
were: To amend section 549S of the re-
vic CT t1ta ~ ha
pointment of military storekeeper in the
army.
AT o'clock the unfinished business, the
bill Ito incorporate the International Amer
lean bank, was laid before the senate. the
pending question being the amendment
offered by Mr.. Pettus (Ala.) limiting the
rate of interest TO be charged by the
bank to per cent.
Mr.. Mallory (Fla) offered as an addi-
tional section an amendment as follows:
THAT the powers, rights, privileges. OBJ
legations and duties conferred and imposed
by this act shall not be exclusive but
shall be conferred and imposed on any
citizens of the United States similar in
number TO the persons named in the first
section of this act, vino. for the purpose
of incorporating an international bank,
shall take the steps and follow the pro-
cedure prescribed by this act to be taken
and followed by the persons named in the
first section hereof, for the purpose OF
incorporating the said International Amer
lean bank; and said citizens of the United
States shall have the right to adopt such
corporation name as to them seems best"
Mr. Mallory said his amendment would
prevent the proposed bank from being
monopoly.
In behalf of the committee Mr.. Foraker
accepted the amendment.
Mr.. Caffery Oa) discussed the meas
ure from the standpoint OF an tnierna-
tional lawyer and could find no objection
to it.
Mr. Rawlins CUtah) opposed the bill.
Mr.. Pettus withdraw the amendment
he offered yesterday concerning the Inter
est to be charged by the proposed bank
and offered in its stead the provision
in the national banking law relating TO in
terest.
Mr.. Foraker on behalf Of the committee,
accepted the amendment, modified so that
the bank might charge the usual interest
charged in the state or states. country
or countries where the bank may do busi-
ness.
Mr.. Bacon Entagonized the bill, even
as amended, and gave notice OF an amend
ment striking out the provision that the
principal Office Of the proposed bank might
be in New York and requiring il to be in
Washington. D. c.
Mr. Pettus offered an amendment elm
mating the provision enabling the pro-
posed bank to act as trustee in the dis
position Of government. state or municipal
bonds.
At 4:35 D. m the bill was laid aside. the
senate went into executive session and
soon afte-ward adjourned.
Warm weather weakens. but Hoods
sarsaparilla strengthens. regardless OF tne