Show PRO PROCEEDINGS GEE DINGS Timan Introduces I Resolution Directing Senate Committee On Finance to Investigate ISSUANCE OF CERTIFICATES 1 ie of Cf A I h ii of I It Subject to l Tux of or 0 Ton Per Ter IC Celt in Money Dec 0 Senator TIn today toy Introduced resolutions directing the on to Invest Int I BaU th 1 tD tha thu Ut reseat r t m of the Lb secretary of o t the lJ treasurY t lr in connection with w the tl crick er and IU also a to tv make In IJ clearing honed ho eec car c The resolutions toll were WI pt ed 1 In its II two series Irl the Uie first Arst dealing with wit the operations of the t treasury depart department dp department ment m and the th second ald with Ith house ha certificates certificate both being divided I Into Inlo three The Ort first tret of 01 the lh resolutions directs the tie I m le on I Is finance fn to 51 the th report to the senate ut aa as follows First t whether hether the slue aue ue of ot certificate cats cate of o 0 Indebtedness bearing three per ceni interest In tt bids bid tot foi fi whIch h ch were Invited p by b the tb secretary of the th tress treas treasury tr tilT ury ur Nov No 16 it 1 lt lt 1007 7 were e foi mr rol the t ht purpose pur of boi rowing money moner to lt public expend I an isa a provided by section 12 32 I of the a act t approved June Jun Ii tO WM 1 and If It not whether th t there h re IK Is II any eny ny war warrant warrant ar arrant rant of oC f law lw for the isee I e of said Mid Second whether the th l issue ue of ot JM 5 10 Panama I canal c of bonds of ot the am QI los foi losby loan bids bid tor lor with winch w leG by the secretary of the tha treasury en on 1 Nov Nev NovI I 1 11 1 1807 1507 07 was 1 required to lo defray Use the t expenditures on said 14 canal the the hemS hemSat Mn both of the these loan at the time when win th lon lh of in inthe Inh inthe were made m the h treasury rp ury for current expenditure Third whether shy any legislation was WI WInery thu the people inn alit 1 to protect nery e Interest of the country COln pp try from fron buln the Issue Iut of oC unlawful money If It I cl c NU a aIng are such and to lug Ing hou prevent the Illegal laal Increase of the puts pub lie in time tm of oC peers peace pe peTh li dl Ol The Th second tries r ot l t resolutions Investigate to the th finance committee t gate gat and nd to report to the senate nale a a aIn as soon coon In First as practicable whether bethe r clearing hOUM cerlin certificateS l I is w n cateS with which the lh country IW Ote wih under author authority authorIty being liaised unde Hooded ar aN are bing ity Joe of oC law or contrary to t the ani j Ir Second whether the issuing ot of such Sad an of oC banks by laton b elfe b I and the use bath Male und Lr c te teoC Wh l h hh U of oC the Ue If h ot provided tt lit lt I Third ute whether It I would could be b Thir It II 1 is ft for r an association a alon un lor th tl the law aa as a I II tr 1 Son tion of beaks warehouses and eleva elevators tortS tors lo lon to Issue leut tea ba bo based d on 01 cot cotton cotton cotton ton wheat whet and nd tobacco lob stored toed In such ucb in inured Inured and fully ivar warehouses hou e or fly to be bi used a as money one In market marketing marketIng marketing ing Ule said crops ue In the sam way WY ay aa as clear clearIng Cler ClerIn lug Ing In house hou are I now u 1 ed edTh The Th resolutions resolution went want OVel Senator n also alaa ale called cle up hU Ida hi con concerning II asking for CR thu ho Issue of 0 of or Pan lue tb the total number cilia canal cenal bonds and of 1 bank banks In operation on I 1 Dec ec 1 and A Nov o 18 1 DIll 07 and UK th amount of public money on deposit In the tho bank of each aoh State abate and territory on Ui n these t b dan These Thee tte be resolutions a slen IMI I were re allowed allowe logo to g gover go over The same name act arSon on WiC a J taken on s the tho lb resolution Imo cn deposits deposit of pub II Ik money In Isis i batik banks |