The Montgomery advertiser., 1903-03-01
AMENDED BY THE HOUSE
OMNIBUS PUBLIC BUILDING
 BILL PASSED.
It Goes to Conference Containing Alp propriations for Purchase or Sites in Three Ala
 bama Cities.

Washington, Feb. 2S.-(Special.)-Tne Hopse to-day passed the omnibus public building bill coming from the Senate' with amendments as concerns Alabama to the effect that $500 is appropriated for the purchase of a site for Govern ment building in each of the cities of Tuscaloosa and Florence, and $12,0OO for site in Bessemer.
 These items now go into conference with an excellent chance that they will become law.
 The Democrats flibustered all day in the House. The seventh roll-call was on the demand of John Desley Gaines or Tennessee. as to the sale of second hand property from the White House.
 MT. Gaines made an effort to character ize the disposal of property by sale from the White House as scandalous but the Republicans jeered and applaud ed SO that his words could not be heard
 He subsided in a moment and the roll was then called on the motion to lay ms resolution on the table which was done
 Senator Morgan has received aid In his fight against the Panama Canal treaty
 Representatives of the Maritime Canal Company of Nicaragua are in the city for the purpose of creating sentiment in the Senate against the Panama route and the praseology of the instrument pending in exeeAtive session.
 Opposition t9 the treaty is now under the personal direction of President War ner Miller, former Senator from New York, and General Nettleton, former assistant Secretary of the Treasury.
 Senator Cullom. Chairman of the For eign Relations Committee, has been made aware of the arrival of the anti-Pana- maists and has endeayored to combat whatever influence the Nicaraguans are able to exert against ratification of the treaty. Despite this fact 1t is whispered about the Capitol that Senator Morgan does not stand alone in the fight against the Panama route, Snd there are two or three Senators ready at any time to take up the argument whenever he tires.
 The Republican members of the House Committee on Banking and Currency this morning agreed upon numerous and important amendments, to be made to the Payne-Aldrich financial bill intro- ducad yesterday by Representative Payne, of New York. The amended bill contains many features of the Fowler currency bill notably the provision for an asset currency.
 The plan of action agreed upon by the managers in the House is to refer the All drich bill to the Committee on Banking and Currency as soon as it Is received from the Senate. AS soon as the bill is reported back. amended as proposed. a special rule will then be adopted for its consideration by the House.
 In view of the fact that bank loans last Saturday reached the highest figure in the history of New York, the ques- ton has come up as to what the expan- sion really means.
 Loans in New York banks which have now passed the s9J000 900 mark, com pared with $S9O, 44s. 100, outstanding on January 24 $S75, ,32l, 500; December 27, S6s6, ,217, 200; November p. $s65, 800; Oc- tober IS. The showing is more starling compared with the expansion reported by the associated banks at same date of previous years. last Saturdays figures being SIS, ,451 100. or 1S-S per cent above 1902: $3S. .407, ,s00 or per cent above 1901; $2O4, ,753 600, or 2 1-2 per cent above 1900, and $303 2g3, 800 above 1898. Within ten years bank loans in New Yo.k have m ore than doubled, the fig ures for 1893 showing S462, ,51S, ,6OO outstand- ing. against $95O 20s,7 TOO last Saturday.
 That such a record breaking expansion in loan account should have been re- ported at the very moment when the banks were preparing to meet the heav- lest corporation capital requirements ever financed. Is explained. according to opinions expressed by local bankers this week, by the shifting of loans from the other side as result of higher money in London and the relatively smaller car rying charges offered at New York.
 Lucien Julien Walker.