The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1905-12-07
TOO MUCH MONEY
The House Cuts Down Amount
Asked for Canal.
An Amendment Adopted Fixing
Sum at SII,OOO,OOO.
MORRILL OFFERS BILL
For Government Control of In
surance Companies.
Senate Passes TiIlman ResOlu-
tiOn and AdjOurns Till Monday.

washington, Dec. THE house re-
dected the amendment of Mr.. Williams
fixing the amount of the canal appro-
priation at s6.58O,333, and adopted an
amendment fixing the amount at $l1,-
100000.
Representative Morrill, CPa.) today
introduced a bill placing insurance
companies under the control and su-
pervision of the department of com
merce and labor and a second insur-
ance bill extending the sovereign VS.
itoriaI power of the United States over
life insurance companies ana ollieF
corporations organized under state
laws.
Reading of the Panama canal ap-
preparation bill was resumed IN the
house on the convening Of that body
today.
The first amendment was presented
by Mr.. Williams. He moved to cut
the appropriation from S16,50O,OO0 to
$6,858.333 stating that he had come
to the conclusion that this latter sum
was sufficient to meet the needs Of the
commission to January L next
The amount had been arrived at by
taking the Indebtedness Of the com
mission which they had stated was
S4,5OO,OOO- He had added to this the
December estimates amounting TO
$2,358,33S.
The point was made by Mr.. Tawney
that it was impossible to segregate
from the estimates the liabilities Of
the commission due in December on
equipment purchased by the commits
sion 1T was cOntended by Mr.. VIII
liams that these supplies were not to
be delivered until June and payment
need not be made until delivery. Mr.
Tawney held that payment might be
necessary before delivery, according to
terms of purchase
iiams was offered by Mr.. Prince Gid
making the appropriation $1O,OOO,000.
Basing his argument on the speedy
appOintment of committees, which, he
said, should take Up and make a care
full examination of the estimates fur
nished Mr.. Prince was of opinion that
SIC, 600. 600 was a sufficient sum to
meet All emergency necessities. He
also opposed the issuance of bonds. He
said there was $136, 100000 in the
treasury and S55,OOO0OO of govern
ment money in national banks.
Mr.. Clark (Mo.) asked Mr. Hep
burn if all or most of the supplies for
the canal We're not purchased by the
New York and Washington purchasing
agents. although other agents were
located at New Orleans and Tacoma.
Mr.. Hepburn had no information.
Mr.. Clark: How many ships have
We2''
Five"
'TWhy don't some of them ply be-
tween New Orleans and Panama?''
81 can not say"
What want to say is that in my
OpinOin discrimination is being made
against all that territory drained by
the Mississippi river and I maintain
that cheaper, all water rates could be
made from Pittsburg by way Of New
Orleans than by New York.
A provision which would operate to
reimburse the treasury for the $4,000 900
already expended to the construction of
the canal from the sale of the canal
bonds was proposed by Mr.. Overstreet
(Ind) Vigorous opposition to this was
made by Mr. Williams (A1iss.) who dra-
matically epaculated:
Take TINS step if you dare. The
Democracy challenges ~. There is a
drop of water somewhere which will
overflow the cup. What excuse are
you to offer the American people for
borrowing money at 2 per cent when
you already have abundant funds in
the treasury and deposited in national
banks. 90