The Caucasian. (Shreveport, La.) 1900-192?, 1907-02-28
PADDING CHARGED.
Senator culbsrson So States in Oppo
sition to Aldrich Bill.

sition to Aldrich Bill.
Washington, Feb. 2S.-When Sena-
tor Aldrich called up his currency bill
in the senate Senator Nelson took the
floor and offered a modification of his
amendment He said: 1T simply le
galiZes what the secretary is now do
ing. My understanding is that he
has for the first time gone outside the
law and accepted other securities fol
government deposits and government
bonds.
Mr.. CulbersOn presented q general
objection to the system which result
ed in the accumulation of such large
amounts of government funds. The
. root of the evil is high taxes and ex-
travagance," he said. Illustrating, Mr.
Culberson said the retirement rolls
of the army and navy were being pad
ded;" that brigadier generals were
found on the retired list thicker than
the leaves of autumn; placed in that
rank simply for the purpose of in
creasing their pay. The Federal gov
eminent was year by year reaching
out into the realm of the states and
thus aiding Expenditures. He said that
IN the last our years the increase in
national expenditures had amounted to
Sis, 000,0
Our revenues during that time had
increased $119,000,00O." interjected Mr..
Aldrich, who added, Not very bad
business proposition. What remedy
Aldrich.
Among other things we can reduce
the tariff" answered Mr.. Culberson.
That would increase the importa
tons and necessarily the revenues, >
suggested Mr.. Aldrich.
But We ought to go further than
that and reduce our expenditures
continued Mr.. Culberson, cut off oul
colonial expenses, cut down the ex
penses OF the army and navy and keep
the government within the bounds OF
the constitution"
Senator Bacon made a suggestion
which Mr.. -Aldrich readily accepted
and drafted into an amendment which
was adopted, providing that the secre
tary of the treasury shall distribute the
deposits provided for, so far as posi-
bic. equtably among the severa
| states
A roll call was demanded on the
amendment of Senator Nelson, which
had been pending for several days
! This amendment related to the charac
| ter of securities which might be re
ceived besides providing for interes
| at the rate OF 2 per cent to be pait
by the banks on government deposits
| The amendment was defeated. i3 to | I
At, the suggestion of Mr.. Cuiberson
Mr.. Nelson then offered as a separat,
amendment the provision requiring in
terest to be paid on deposits and this
too, was defeated on roll call, Al t.
| 81.
A roll call on the final passage O
the bill was secured, resulting in it
! passage by vote of 43 to a. Thos,
who voted against the measures wer,
Senators Bacon, Berry, Blackburn
Clay, Culberson, Dubois, Frazier, LII
! Toilette, McCreary, McLauren Nal
Tory, Pettus. Stone and Newlands. Thu
currency bill authorizes the issuanc,
of $40 gold certificates to the end tina
the $40 greenbaeks may be broken III
into 81, 81 and S. bills, for which there
is a great demand; also authorizes
the deposits of customs receipts il
national banks as internal receipts are
now deposited. 1t raises from SO 900
900 to $9,O00,000 the amount of nation
al bank circulation that may be retired
| in any one month.