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Show .Bond for Philippines. WASHINGTON. April I. The House Committee on Insular Affairs has au-thorized au-thorized a favorable report on the Cooper ' bill for the issuance of bonds for mu-' mu-' nicipal Improvements In the Philippines and guaranteeing Interest on capital to Je be invested in railroad construction in . XJ those Islands. The bond provision for . municipal Improvements limits the issue to (6,000.000 Instead of $10,000,000 as at first proposed. The interest to be paid on these bonds -4 reduced from i to 414 per cent . . - |