Daily press. [volume] (Newport News, Va.) 1896-current, 1908-01-10
Get SCHEMES AND I0EAS ADVANCED
Senator Gore Offers a Gill Making
ii Illegal for a Person 10 Serve Three
Termn as esldent--Lo,tery Held
in House of Representatives for
Seatu.
tBy Aslociatcd Press.)

WASHINGTON, ID. c.. Jan. 0 -
Tho Senate today passed bill Ia
protect the harbor defenses aud for
tiiicatiohs OF the United States from
malicious injury.
Senator Frye explained that the
bill provides against violations OF
naval orders glven for the purpose
OF protecting harbor defensos aud
fortifcations In the same way that
similar offcnscs in the army are pun
ished.
| An amendment 10 the Aldrich cur
rency bill waB today introduced by
Senator Neslson of Minnesota. IL pro-
rides that one-t third Of all taxes to
be paid by national banking associ-
atoms upon tho average amounts OF
their notes In circulation shall be
set apart In the treasury as n guaranty
fund for depositors to the amount OF
their deposits In any bank that may
become insolvent. This fund ia not
TO he allowed to exceed $4,000 900.
Senator Buckley introduced bill
providing for emergency currency to
DO issued ny banks though the comp
troller of the currency with tho an
proval of the secretary of the treas.
ury in amounts equal to the par value
OF bonds to he deposited with tho
treasurer of The United States IL
provides that United States honds.
Panama canal bonds, bonds of any
state, county or city. town or mum
lcipality of not less than 10000 pop
,iiation. may be accepted for such
purpose. Tho amount OF such bonds
deposited shall not exceed the cap
ital stock of the bank depositing them.
Senator Clay of Georgia. today In
troduccd bill. which was REFERRED
TO the committee on finance. author
izing the secretary OF the treas
ury TO issue s35O.oOO OF non
; interest bearing United States
notes in addition to United
States notes notes now In circulation
In such form rs he may deem ex-
pedient. The proposed notes are to
be issued in denominations of not
less than 81 TO be payable to the
bearer on demand and to be lawful
money and legal tender They are
to be deposited in repositories under
existing law by the secretary of the
treasury The deposits OF United
States bonds and state. county and
municipality lpnds as security for
the safe keeping of these public funds
Is to be required. and the payment of
interest at the rate of FIVE per cent.
will be exacted on these deposits.
The secretary is required to dis
tribute these deposits cqnitably among
the several states according to popu-
'a''0n' q
An Anti Third Term Bill.
Senator Gore introduced joint
resolution providing that no person
snail be eligible TO be elected Pres
ident of the United States for MOI e
than two forms In succession.
Senator Burket reintroduced his
Dill OF last session to provide for the
teaching of agriculture. home econ.
omics and manual training in the
normal schools of the United States.
The bill has been endorsed by he
National Educational Association.
William ,hmcs BRYAN. who was ap-
pointed 10 I'LL out the uneypircd term
OF the late Senator AInlloory of Flor
ida. was sworn in today, and tho
nomination of John G.. Capers of
south Carolina, TO be commssioner
of Internal revenue. was confirmed.
Senator Lafolcttc of Wisconsin, Sc
cured the consent of tho Senate to
retire from membership on the COM
mit'ce on military affairs. He as
signed no reason for his course.
Senator Beveridgc gave notice that
on the 18th instant he would speak
on his bill to establish a tariff com
mission.
The Senate adjourned at 2:o5 I'M
til next Monday.
Lottery in the House.
Amid scenes of confusion. tho mem
bers Of the House participated In a
lottery for rooms in the new House
Office building opposite tho capitol.
outside OF passing two bridge bills