The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1898-06-16
MADE QUICK WORK Of IT
Thirty-Two Pension Bills Passed
In Thirty Three Minutes.
THE BIG TRADE BALANCE
Pr1tohard Said That Mckinley ana Pro-
lection Were Responsible for II.
The International Bank
Under Discussion.

Washington. June 15.-After passing
. number of pension bills and listening
TO a carefully prepared speech on the
advantages of tariff legislation by Mr..
Pritchard Of North Carolina, IN sen-
ate to-day resumed consideration of the
international bank bill. An amendment
was accepted by the committee extend
ing h privileges of the measure to all
citizens Of the United States, instead of
restricting them to those mentioned in
h bill. When the senate adjourned
consideration of the bill was not con-
cluded.
During the consideration Of the pen
sion calendar, 80 bills were passed in
81 minutes Among the bills passed
was one increasing the pension of Mrs.
Margaret Love Skerritt, widow of Rear
admiral Skerritt, from $50 to $50 a
month. Mr.. Cockrell Of Missouri re-
ported from the military affairs com
mittee a bill to promote the admins
tration Of justice i'm the army. and
asked for its immediate consideration.
The bill provides for administration of
Justice by a summary court. 1t was
passed. Mr.. Pritchard then addressed
the senate upon the benefits of republi-
can rule" Mf
"A great change which has taken
place in the financial, commercial and
economic conditions of our country"
said MI. Pritchard. 'since the inaugu-
ration of a republican president and the
enactment of a republican tariff law
directs again to the benefits
which have invariably followed from
the administration of the government
by the great party of Lincoln, Grant
and Mckinley. Not in many years. IL
ever, have the material prospects been
as bright as they are to-day; and for
this the wise n patriotic legislation
framed and passed by the republican
party is responsible.
"A prediction made public by the bu-
reau of statistics recently might well
have been received with amazement
incredulity by those who hav not
followed carefully the trend of our ma
tional trade during the year. To sug-
gest that the balance of trade in avo
of the United States for one year could.
much less would. reach the prodigious
sum of $500, 000, 900 seemed like die
folly. Never before in the history of
the nation has the favorable trade bal
ance been half that much. And yet
the prediction was well founded, and
unless the law of probabilities fails, the
trade balance. which for the ten months
ending April 30 vas ssh. PAS. 495. will be
over $500. 600. 900 by June 30. The near
est approach to this extraordinary rec
ord was last year, when the balance in
our favor was $3.50, 263. 144.
1T Is estimated that for the full ifs
cal year the net amount of coin received
in partial settlement of u huge mer-
chandise balance will be at least $780,
600, 900. This Is more than double any
previous cash balance for n year. the
largest having been $44, 65S. 200, for the
year 1879"
At the conclusion of Mr.. Pritchard's
speech consideration of bills on the
general calendar was begun.
Among those passed We're: To amend
section 549S OF the revised statutes and
to authorize the appointment of a mill
storekeeper in the army. At 2
the unfinished business, the bill
to incorporate the International bank,
was laid before the senate, the pend
ing question being the amendment Of
fered by Mr.. Pettus of Alabama, linn
itinG the rate of interest to be charged
by the bank to 6 per cent. MIR. Mallory
of Florida offered as an additional Sec
ton an amendment as follows:
That the powers. rights, privileges,
and duties conferred and
imposed by this act on any citizen of
the United States similar in number
to the persons named in the first sec
ton of this act, who for the purpose of
an international bank
take the steps and follow the pro-
cedure prescribed by this act, to be TAX |
e n n followed by the persons named
In the first section hereof for the pur-
pose of Incorporating the said Inter-
American bank. and said citi-
zens of the United States shall have
the right TO adopt such corporation
as to them seems best"
Mr.. Mallory said his amendment
prevent the proposed bank from