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Show PROPOSE CW HI SHIP PURQUSE BILL WA S ! HNG TON. j n. 1 5. I m portan t amt-rnjinniu to tiie government ship pur-cir.p pur-cir.p ! hi were discussed at a caucus of f.-nnte Iem"crats tonight with a view to rx-rfectim,' t hi; measure so as to reduce re-duce tne unalterable opposition from He-pblican He-pblican touree. s() fjr.ii action v.as tak-m, ail amendments being' referr-d to t he commerce committee, which will report re-port to another f.vjoui? tomorrow rdj?hL. An amendment sug-gested bv Senator Moke Smith of Georgia would provide that t J i e government, after the purchase or Itapc of ocean-going ship.', should hrst off'T them to American pr:va te individuals individ-uals or corporations, upon terms that; woidri euai at ieat 4 per ca-nt on the j investment. ! The method of Incorporation of the j proposed shipping corporation to oper- ! ate ha government vesf;l aUo was re- I fe-red back to the rommittf e. Senator Hankhead pror-osed an amendment amend-ment which ivoj!! eMabh.-di In t'ne department de-partment of commerce a merchant ship-dng ship-dng bureau, directors of whb'h would consist of the secretory of commerce, as chairman; the Feeretary of war, the postmaster post-master general a nd four expert civilian members. The bureau would control the shippire: corporation. At the ou'set of the Domocratle rnu-cv.f rnu-cv.f tonight Senator Koblt.son of Arkansas offered a resolution, widch wan adopted ! without dbsent, to provide fr rural I crtdits U-goation at an early date. Opinion Opin-ion on the subject was divided, but most of the senators- said larer tliat there seemed to be no chance of getting action on a rural credit bin at this session. The resolution adopted was as follows: Reined. That the committee on banking and currency of the senate be rcrj nested to prepare a bill providing pro-viding for a system of rural credits, and that It is the sense of the caucus cau-cus that the said bill be considered by the senate at the earliest practicable prac-ticable date. It was explained by some of the Pem-ocrat Pem-ocrat ic senators that the "earliest practicable prac-ticable date" mieht mean at this session, ses-sion, if time would permit, during an extra ex-tra session, if one be imperative, after Mar-Mi 4, or at the regr.lar session of the Sixty-fourth congress beginning next De-j De-j cember. Sponsors of t'ne resolution had i insisted that an expression on the sub-! sub-! Ject was essential. In view of the fact ; that the Democratic party has been crm-imittei crm-imittei to rural credit Improvement since ; tne national convention at Baltimore. |