The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1900-06-11

The following from the Congressional
Record gives the consecutive story OF
the more recent legislation In regard to
Hawaii in the Senate and House:
HAWAIIAN POSTAL SAVINGS BANK.
In the Senate, May H-Mr Daniel. 1
am instructed by the Committee on For
.eign Relations, to whom was referred the
bill Is. 1850 to amend and reenact an act
entitled IAN act to provide a govern
proved April &c. 1900, to report it without
amendment and to submit report there
on. ask for the present consideration
of the bill. 1t is recommended by the
Secretary of the Treasury.
The President pro tempore. The bill
will be read in fun to the Senate.
The secretary read the bill. as follows:
BE it enacted. etc. That sections 1o2
and 100 of the act entitled An act to
provide a government for the Territory
of Hawaii approved April 3d. 1900, be
amended to read as follows
sec. 102- That the laws of Hawaii re-
lating TO the establishment and conduct
OF any postal savings bank or institution
are hereby abolished And the Secretary
agreement Of the United States as ex-
dressed In an act entitled Joint resolu-
tion to provide for annexing the Hawaii
an Islands to the United States. approx
ed July T. 1898, shall pay the amounts on
deposit in the Hawaiian Postal Savings
Bank to the persons entitled thereto. &C
scording to their respective rights, and he
shall make all needful orders, rules, and
regulations for paying such persons and
for notifying such persons to present
their demands for payment. So much
money as is necessary to pay said de-
mands is hereby appropriated out OF any
money in the Treasury not otherwise ap-
the 1st day of July. 1900. when such pay
ments shall begin, and none of said de-
mands shall bear interest after said date.
bank u" after p said date. Said demands S Of
such persons shall be certified to by the
chief executive of Hawaii as being gen.
the same, and his certificate shall be
sealed with the official seal of the Terri
tory and countersigned by it's secretary,
and when the same are paid in the man
ner respecting payment from the Treas
ury no further liabilities shall exist in
respect of the same against the Govern
Unents of the United States or Hawaii
POSTAL SAVINGS BANK.
Sec 103 All money on deposit in the
Hawaiian Postal Savings Bank shall, or
the LIST day Of July, 1900, be turned over
by the Government of Hawaii to the
Treasurer Of the United States; and the
Secretary of the Treasury is hereby au
thorized to assume charge of all the as
sets of said bank and to convert the
Same into money, in such manner and IL
such time as may, in his Judgment. bes
5ubserve the public interests, and by suci
agents as he may appoint Such agents
shall give good and sufficient bond t
ahe United States for the faithful per
torrance of their duties, in such form
and in such penalty as the Secretary o
the Treasury may prescribe. The mon
eys so turned over to the Treasurer o
the United States. and those collects
from the assets of said bank, shall b
deposited in the Treasury of the Unite
States to the credit of the Treasurer o
the United States.
"And it is further provided. That tn
Secretary of the Treasury, in the execu
ton of the agreement of the Unite
- states expressed in a Joint resolution t
provide for annexing the Hawaiian Is
ands to the United States. approve