The record-union., 1898-12-17
NO INTERNATIONAL
AMERICAN BANK,
The House Administers a Death
Blow to the Project.
Votes Adversely by a Large Majority on the
Bill tO Incorporate 1t.

Carries With It the Civil Serv-
ice Laws Relating to Appoint
ments.
WASHINGTON, Dec 16.-The bill
to incorporate the International Amer
lean Bank was buried by an over
whelming adverse majority of the
House to-day. The debate upon the
measure, which opened yesterday, was
concluded to-day at o'clock. Mr..
Dingley, the floor leader of the major
ity, made an argument in it's support.
The other speakers to-day were Mr..
Hill of Connecticut in it's support, and
Niessrs Bell (P.) of Colorado, Sulzer
! O) of New York, Maxwell P.) of
Nebraska, Maddox Cd of Georgia, and
Swanson CD of Virginia in opposition.
The vote by which the bill was defeated
stood 1O3 ayes TO 14S noes.
The bill to extend the customs and
revenue laws of the United States over
the Hawaiian Islands was passed with
out opposition. The bill, Mr.. Dngley
explained, carried with it the civil SER
vice laws relating to appointments in
the customs and revenue service in
Hawaii.
Some miscellaneous business, in
cluding the passage Of several minor
private bills, was disposed of at the
opening of the session of the House
to-day
The debate upon the bill to incorpo-
rate the International Bank was then
resumed.
Mr.. Bell (P) of Colorado opposed the
measure. He took the ground that it
was both unconstitutional and against
good public policy.
Mr. Sulzer Cd of New York also
agonized the bill, claiming that it
would create a gigantic monopoly
which would in time regulate interest
and exchange rates.
Mr.. Barrett (R.) of Massa chusetts Of
fered an amendment which provided
that the powers granted under the bill
should be conferred on any national
bank which filed an application with
the Comptroller of the Currency in
conformity with the general require
mcnta OF tlta1e,ill.
Mr.. Ridgeley P) Of Kansas offered
"a substitute providing that the United
States should establish such bank
should have a bank in every city and
town exceeding in population $500, and
in every Central and South American
country where the United States had a
consular officer such officer to be the
banks representative.
The committee amendments were
adopted
An amendment to reduce the capital
e Tn
thorized under the provision extending
the privilege of the bill to others than
those named in the bill from $5,00O,00O
to 100000 was defeated-1O6 to 1O7.
Hill R.) of Connecticut in charge of
the measure closed the debate. He
concluded with a glowing appeal to the
House to pass the bill in the interest
Of American commerce and American
industries.
An amendment offered by Crupacher
(R) of Indiana, providing that the
property of the International Bank
should be taxed the same as the prop
erty of national banks was adopted.
The Barrett and Tawney amend
ments We're defeated, as was the Rid
deley substitute.
The vote on the final passage of the
hill was taken by ayes and noes. The
vote resulted in the defeat of the bill
ayes 103, noes 14S.
The Senate amendments to the Army
and Navy deficiency bill were non-con-
Cured in, and the bill sent to confer
ence. Messrs. Cannon, Barney and
Sayres were appointed conferees.
Dingley then called up the bill unan-
mously reported by the Ways and
Means Committee yesterday to extend
the customs and internal revenue laws
over the Hawaiian Islands. Dingley
explained the necessity for the imme-
Giate passage of the act, in order to
protect the revenues Of the United
States.
Bailey CD of Texas said that his
own idea was that the customs and rev.
enue laws of the United States were
extended over the Hawaiian Islands
when they were annexed. But the an
nexation act specifically declared not.
He thought the declaration in that act
was unconstitutional. AS this bill
simply sought to do what he believed
had in fact been done by the annexa-
tion act, it was proper that it should
pass and pass promptly.
McRae Cd of Arkansas offered an
amendment designed to extend all the
general laws of the United States over
the Islands. He said there were other
laws in Hawaii which should be abro-
gated besides the customs and revenue
laws. Among them were the labor
and the land laws.
The amendment was ruled out on
point of order.
Moody R) Of Massachusetts, offered
an amendment to extend the laws of
the United States relating to appoint
ments in the customs and revenue SER
vice over the islands.
The bill was passed without division
The House then, at 4:20 p. m, ad-
ie,urned until tomorrow
A PRINTER UNDER ARREST.