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at Charleston. S. C., and the erection in said city, on a site to be selected for said station, of a public building; giving the consent of Congress to an agreement or compact entered into between the State of New Jersey and the State of Delaware respecting the territorial limits and jurisdiction of said states; to amend sections 1, 2 and 3 of an act entitled "An act to prohibit shanghaiing in the United States," approved June 28, 1906; to aid in the completion of a monument at Monterey, Cal., to commemorate the taking possession of the Pacific Coast by Commodore John D. Sloat, U. S. N.; to provide a suitable memorial to the memory of Christopher Columbus: for the relief of citizens of the island of Jamaica; authorizing the selection of a site and the erection of a pedestal for the Stephenson Grand Army memorial, in Washington; to create a joint committee to consider the revision and codification of the laws of the United States; to establish a lifesaving station at the Isles of Shoals, off Portsmouth, N. H.; relating to the holders of medals of honor; to incorporate the International Sunday School Association of America; to incorporate the National Child Labor Committee; to authorize the Secretary of Commerce and Labor to investigate and report on the industrial, social, moral, educational and physical condition of woman and child workers in the United States; to amend section 2,536 of the Revised Statutes, relative to assistant appraisers at the port of New York, and further defining their powers, duties and compensation.

TREATIES WITH FOREIGN COUNTRIES.

The Senate ratified, on December 12, 1906, a treaty signed on April 7, 1906, at Algeciras, Spain, by representatives of the United States, Germany, Austria-Hungary, Belgium, Spain, France, Great Britain, Italy, the Netherlands, PortuAlgeciras gal, Russia and Sweden. The treaty was proclaimed on January 22, Convention. 1907. Its provisions follow:

Chapter I.-Declaration relative to the organization of the police. The conference summoned by his majesty the Sultan to pronounce on the measures necessary to organize the police declares that the following provisions should be made: The police shall be under the sovereign authority of his majesty the Sultan. It shall be recruited by the Maghzen from Moorish Mahometans, commanded by Moorish caids, and distributed in the eight ports open to commerce. In order to aid the Sultan in the organization of this police, Spanish officers and non-commissioned officers as instructors, and French officers and non-commissioned officers as instructors, shall be placed at his disposal by their respective governments, which shall submit their designation to the approval of his shereefian majesty. A contract drawn between the Maghzen and these instructors, in conformity to the regulation provided by Article 4, shall determine the conditions of their engagement and fix their pay. which must not be less than double the pay corresponding to the rank of each cfficer or non-commissioned officer. In addition they will be allowed living expenses, varying according to their residences. Proper lodgings will be placed at their disposal by the Maghzen, which will likewise supply them with their horses and the necessary fodder. The governments having jurisdiction over the instructors reserve the right to recall them and replace them by others, accepted and engaged under the same conditions.

These officers and non-commissioned officers for a period of five years, to date from the ratification of the act of the conference, shall give their service to the organization of a body of shereefian police. They shall assure instruction and discipline in conformity with the regulations to be drawn up in respect thereto. They shall also see that the men enlisted are fit for military service. In a general way they shall supervise the administration of the soldiers and superintend the payment of their salary, which shall be effected by the "Amin," assisted by the accounting officer instructor. They shall extend to the Moorish authorities invested with the command of these bodies their technical aid in the exercise of the said command. The regulations to assure the recruital, discipline, instruction and administration of the bodies of police shall be established by mutual agreement between the shereefian Minister of War or his delegate, the inspector provided by Article 7, and the highest ranking French and Spanish instructors. The regulations shall be submitted to the diplomatic body at Tangier, which will formulate its opinion within a month's time. After that period the regulations shall be enforced.

The total strength of the police shall not be more than 2,500 men nor less than 2,000. It shall be distributed, according to the importance of the ports, in groups varying between 150 and 600 men. The number of Spanish and French officers shall be between 16 and 20, of Spanish and French non-commissioned officers between 30 and 40. The funds necessary to maintain and pay soldiers and officers and noncommissioned officer instructors shall be advanced by the State Bank to the shereefian treasury within the limits of the annual budget assigned to the police, which shall not exceed two million and a half pesetas for an effective strength of 2,500 men. During the same period of five years a general inspection shall be made into the working of the police. Such inspection shall be intrusted by his shereefian majesty to a superior officer of the Swiss army, who will be submitted to his approval by the Swiss federal government: This officer will be styled inspector general and reside at Tangier. He shall inspect at least once a year the different bodies of the police, and after such inspection he shall draw up a report which he will address to the Maghzen. In addition to such regular reports, he will, if he regards it as necessary, draw up special reports with reference to the working of the police. Without directly intervening either in the command or the instruction, the inspector general will ascertain the results obtained by the Shereefian police as regards the

maintenance of order and security in the places where this police shall have been established.

A copy of the reports and communications made to the Maghzen by the inspector general, with reference to his mission, shall at the same time be transmitted to the dean of the diplomatic body at Tangier, in order that the diplomatic body be enabled to satisfy itself that the shereefian police acts in conformity to the decisions taken by the conference, and to see whether it guarantees effectively, and in conformity with the treaties, the security of person and property of foreign cittizens, subjects and protégés, as well as that of commercial transactions. In the case of complaints filed with the diplomatic body by the legation concerned, the diplomatic body may, upon notice given to the representative of the Sultan, direct the inspector general to investigate and report for all available purposes in the matter of such complaints. The inspector general shall receive an annual salary of 25,000 francs. In addition, he will be allowed 6,000 francs for the expenses of his tours. The Maghzen will place at his disposal a suitable residence and will look after the maintenance of his horses. The material conditions of his engagement and of his establishment, as provided by Article 10, shall be the subject of a contract drawn up between him and the Maghzen. A copy of this contract shall be communicated to the diplomatic body. The staff of instructors of the shereefian police (officers and non-commissioned officers) shall be Spanish at Tetuan, mixed at Tangier, Spanish at Larache, French at Rabat, mixed at Casablanca, and French in the other three ports.

Chapter II.-Throughout the shereefian empire, except in the cases specified by Articles 14 and 15, the importation and sale is forbidden of arms of war, parts of guns,

Contraband of Arms.

ammunition of any nature, loaded or unloaded; powder, saltpetre, guncotton, nitroglycerine, and all compositions destined exclusively for the manufacture of ammunition. Such explosives as are necessary for industry and public works may, however, be introduced. A regulation drawn up in the manner indicated by Article 18 shall determine the conditions under which their importation may be effected. The arms, parts of guns, and ammunition intended for the troops of his Shereefian majesty will be admitted after the fulfilment of the following formalities: A declaration signed by the Moorish Minister of War, describing the number and nature of such articles ordered abroad, must be presented to the legation of the country of their origin, whose vise shall be affixed thereto. The passage through the customs of the cases and packages containing the arms and munitions, delivered at the order of the Moorish government, shall be effected upon the presentation:

1. Of the aforesaid declaration.

2. Of the invoice indicating the number and weight of the packages and the number and kind of the arms and munitions contained therein. This document must be visaed by the legation of the country of their origin, which will mark on the back the successive amounts previously passed through the customs. This visa will be refused when the order shall have been entirely delivered.

The importation of sporting and high-priced arms, parts of guns, cartridges loaded and unloaded, is likewise forbidden. It may none the less be authorized

10.

For the strictly personal requirements of the importer;

2o. For supplying the gunshops authorized by Article 18.

Sporting and high-priced arms and the ammunition for the same will be admitted for the strictly personal requirements of the importer on presentation of a permit issued by the representative of the Maghzen at Tangier. If the importer is a foreigner, this permit will be granted only at the request of his legation. With respect to ammunition for sporting purposes, each permit shall allow a maximum of a thousand cartridges or the supplies necessary for the manufacture of a thousand cartridges. The permit shall be issued only to those who have never been sentenced for any offence. The trade in sporting and high-priced arms, not rifled, of foreign manufacture, as well as of the ammunition appertaining to the same, shall be regulated, as soon as circumstances permit, by a shereefian decision made in conformity with the advice of a majority of the diplomatic body at Tangier. This shall be the case, as well, with decisions intended to suspend or restrict the exercise of such trade.

Only such persons as have secured a special and temporary license from the Moorish government shall be allowed to open and operate retail shops for the sale of sporting guns and ammunition. This license shall only be given at the written request of the applicant, indorsed by his legation. Regulations drawn up in the manner indicated by the first paragraph of this article shall determine the number of such retail shops which may be opened at Tangier and, if occasion arises, in the ports that may be later designated. They shall fix the formalities to be imposed on the importation of explosives intended for industry and public works, of arms and ammunition intended to supply such shops, as well as the maximum quantity of stock that can be kept. In case of the violation of the regulating ordinances, the license may be temporarily or permanently withdrawn without prejudice to other penalties incurred by the offenders. Every introduction of, or attempt to introduce, the prohibited merchandise shall make it liable to confiscation, and further to the punishments and fines mentioned below, which shall be pronounced by the competent jurisdiction.

The introduction or attempt to introduce in a port open to commerce, or through a custom house, shall be punished:

1o. By a fine of from 500 to 2,000 pesetas and an additional fine equal to three times the value of the imported merchandise;

20. By imprisonment of from five days to a year, or else by only one of these two punishments. The muroduction or attempt to introduce outside a port open to commerce or a custom house shall be punished:

10. By a fine of from 1,000 to 5,000 pesetas and an additional fine equal to three times the value of the imported merchandise;

20. By imprisonment of from three months to two years, or else by only one of these two punishments.

The fraudulent sale, the receiving and peddling, of merchandise prohibited by the present regulations shall be punished according to the penalties specified in Article 20. The accomplices in the offences set forth in Articles 20, 21 and 22 shall be liable to the same penalties as the principals. The elements determining compiicity shall be adjudged according to the laws of the court in charge of the case. When there is good reason to suppose that a vessel anchored in a port open to commerce, carries guns, ammunition, or other prohibited merchandise, with a view of introducing the same into Morocco, the officers of the shereefian customs shall so inform the competent consular authority, in order that the latter may carry out, in company with a delegate of the shereefian customs, such investigations, verifications or searches as may be judged necessary. In the case of the introduction or the attempted introduction by sea of prohibited merchandise outside of a port open to commerce, the Moorish customs authorities may bring the vessel to the nearest port, to be turned over to the consular authority, who shall have the right to seize it and continue such seizure until payment of the fines decreed. The vessel may, however, be released at any period of the trial, provided that the judicial proceedings shall not be impeded thereby, on the deposit made with the consular authority of the maximum of the fine, or else under responsible bail accepted by the customs. The Maghzen may retain the confiscated merchandise either for its own use, if able to utilize it, on condition that the subjects of the empire shall not be able to get possession of it, or it shall dispose of it abroad. The conveyances of the same on shore may be confiscated and shall be sold for the profit of the shereefian treasury. The sale of arms condemned by the Moorish government shall be prohibited throughout the shereefian empire.

Rewards taken out of the amount of the fines levied are to be given to the informants who have been instrumental in discovering forbidden merchandise and to the agents who have effected its seizure. Such rewards shall be assigned after deducting, if necessary, the costs of the trial, one-third to be distributed by the customs among the informants, one-third to the officers who seized the merchandise, and one-third to the Moroccan Treasury. If the seizure has been effected without the intervention of an informer one-half of the fines shall go to the officer making the seizure and the other half to the shereefian treasury. The Moorish customs authorities shall notify directly the diplomatic or consular agents of any violations of this regulation, committed by those under their jurisdiction, in order that the same may be prosecuted before the proper jurisdiction. Similar violations committed by Moorish subjects shall be submitted directly by the customs to the shereefian authority. A delegate of the customs shall be assigned to follow the procedure of cases pending before the different jurisdictions. In the region bordering on Algeria, the enforcement of the regulations on the contraband of arms shall be the exclusive concern of France and Morocco. Similarly, the enforcement of the regulation on the contraband of arms in the Riff and in general in the regions bordering on the Spanish possessions shall be the exclusive concern of Spain and Morocco.

Chapter III.-A bank shall be established in Morocco under the name of the "State Bank of Morocco," to exercise the following specified rights, which are granted to State Bank Concession.

it by His Majesty the Sultan for a period of forty years, to date from the ratification of this act. The bank, which will have power to carry on all transactions entering into the operations of a bank, shall have the exclusive privilege of issuing notes to bearer, payable on presentation and receivable for public dues throughout the Moorish empire. The bank shall maintain for a period of two years, to date from its going into operation, cash on hand at least equal to half its notes in circulation, and equal to at least one-third after the expiration of said period of two years. At least one-third of such cash on hand is to be gold bullion or gold coin. The bank shall, to the exclusion of every other bank or establishment of credit, discharge the duty of disbursing treasurer of the empire. To this end the Moorish government shall take all necessary measures to deposit in the bank the proceeds of the customs revenues, exclusive of the part thereof applied to the loan of 1904, and such other revenues as it may designate. With reference to the special tax established in order to carry out certain public works, the Moorish government must have the same deposited in the bank, as well as the revenues it may later pledge for its loans, the bank being especially charged with the payments thereon, except, however, in the case of the loan of 1904, which is governed by special contract.

The bank shall be the financial agent of the government both within and without the empire, without prejudice to the government's right to apply to other banking houses or establishments of credit for its public loans. The bank, however, shall enjoy, in regard to such loans, a right of preference, other conditions being equal, over any banking or credit establishment. For Treasury notes or other short-term notes which the Moorish government may wish to negotiate without making it a public issue, the bank shall, however, be charged, to the exclusion of every other establishment, with negotiating the same for the account of the Moorish government, either in Morocco or abroad. The bank shall make advances to the Moroccan government

on account current up to a million francs, chargeable against Treasury receipts. The bank shall likewise open a credit account for the government for the period of ten years, to date from its establishment, such account not to exceed two-thirds of its initial capital. This credit account shall be distributed over several years and employed primarily for the expenses of establishing and maintaining the bodies of police, organized in conformity to the decisions adopted by the conference, and secondarily for the expenses of such works of public interest as might not be charged to the special fund as provided for by the following article: The maximum rate for these two advances will be 7 per cent, bank commission included, and the bank may ask the government to give as security an equal amount in Treasury notes. If before the expiration of the said term of ten years the Moorish government should contract a loan, the bank would have the right to obtain the immediate reimbursement of its advances made in accordance with the second paragraph of the present article.

The proceeds of the special tax (Articles 33 and 66) shall form a special fund for which the bank shall keep a separate account. This fund shall be employed in conformity to the regulations adopted by the conference. In the case of its insufficiency, and chargeable to later receipts, the bank may open a special credit for such fund, the amount of which should not exceed the total of the receipts for the previous year. The conditions of the rate and commission shall be the same as those established by the preceding article for advances to the Treasury on account current. The bank shall take such measures as it may deem conducive to a sounder monetary situation in Morocco. Spanish currency shall continue to be permitted to circulate as legal tender. In consequence, the bank shall have the exclusive charge of purchasing precious metals, of striking and melting coins, as well as of all its other monetary operations for the account and profit of the Moorish government.

The home office of the bank shall be at Tangier, but it shall establish branches and agencies in the principal cities of Morocco or in any other place it may deem expedient. The land necessary for the establishment of the bank, Control of as well as its branches and agencies in Morocco, shall be placed the Bank. gratuitously at its disposal by the government, and at the expiration of the concession the government shall retake possession of it and reimburse the bank for the cost of building these establishments. The bank shall further be authorized to purchase such houses and land as it may require for the same purpose. The Shereefian government shall insure and be responsible for the safety and protection of the bank, its branches and agencies. To this end it shall place an adequate guard at the disposal of each establishment in every city. The bank, its branches and agencies, shall be exempt from all imposts or dues, ordinary or extraordinary, existing or to be created. The same exemption shall be extended to real estate devoted to its use, and to the certificates and coupons of its shares and to its notes. The importation and exportation of metals and coins intended for banking operations shall be authorized and exempted from every tax. The Shereefian government shall exercise its high supervision over the bank by a High Commissioner, whom it shall appoint after a previous agreement with the bank's board of directors. This High Commissioner shall have the right to examine into the management of the bank. He shall supervise the issuance of banknotes and shall see that the provisions of the concession are strictly observed. The High Commissioner shall sign every note or affix thereto his seal. He shall be charged with the supervision of the relations between the bank and the imperial treasury. He shall take no part in the administration or transaction of the banking business, but he shall always have the right to attend the meetings of the censors. The shreeefian government shall appoint one or two deputy commissioners, who shall be especially charged with the supervision of the financial transactions of the Treasury with the bank. A set of rules defining the relations of the bank and of the Moorish government shall be framed by the special committee provided for in Article 57 and approved by the censors. The bank, organized with the approval of the government of his Shereefian majesty in the form of a corporation, shall be governed by the French law relative thereto.

Actions instituted in Morocco by the bank shall be brought before the Consular Court of the defendant or before the jurisdiction of Morocco, in accordance with the rules of competence established by the shereefian treaties and firmans. Suits by Actions instituted in Morocco against the bank shall be brought before the Bank. a special tribunal consisting of three consular magistrates and two associates. The Diplomatic Body shall, each year, arrange the list of magistrates, associates and substitutes. This tribunal shall apply to such cases the rules of law, procedure and competence established by the French legislation in commercial matters. Appeals from judgments pronounced by this tribunal shall be taken to the Federal Court of Lausanne, whose decision shall be final. In case of dispute over the clauses of the concession or litigation arising between the Moorish government and the bank, the difference shall be referred, without appeal or recourse, to the Federal Court of Lausanne. All disputes arising between the shareholders and the bank in regard to the enforcement of the by-laws or by reason of the corporate business shall likewise be referred, without appeal or recourse, to the same court. The by-laws of the bank shall be framed on the following bases by a special committee provided for in Article 57. They shall be approved by the censors and ratified by the general assembly of shareholders. The general constituent assembly of the corporation shall fix the place where the meetings of the shareholders and the sessions of the board of directors shall be held; the latter, however, shall have the faculty of meeting at any other city if it deems it expedient. The office of the manager of the bank shall be at Tangier.

The bank shall be administered by a board of directors consisting of as many members as there are parts in the initial capital. The directors shall have the most extensive powers for the administration and management of the corporation; they shall especially appoint the managers, assistant managers and members of the commission indicated in Article 54, as well as the managers of branches and agencies. The employes of the company shall be recruited so far as possible from among the citizens, subjects or protégés of the several powers which have taken part in subscribing the capital. The directors, who shall be appointed by the general assembly of shareholders, shall be nominated by the groups subscribing the capital. The first board shall remain five years in office. At the expiration of this period there shall be a renewal at the rate of three members annually. The order of outgoing directors shall be determined by lot; they may be re-elected. On the constitution of the corporation, each subscribing group shall have the right to nominate as many directors as it shall have subscribed entire parts, but such groups shall not be compelled to select candidates of their own nationality. The subscribing groups shall not retain their right of nominating directors when the latter are superseded or re-elected, unless they can prove that they still have in their possession at least one-half the share conferring that right upon them. In a case where, by reason of these provisions, a subscribing group should be no longer in a position to nominate a director, the general assembly of shareholders shall make a direct nomination.

Bank
Censors.

Each of the following institutions, the Bank of the German Empire, the Bank of England, the Bank of Spain and the Bank of France, shall, with its government's approval, appoint a censor for the State Bank of Morocco. The censors shall remain in office four years. The outgoing censors may be reappointed. In the case of death or resignation the institution which had appointed the former incumbent shall fill the vacancy, but only for the unexpired term of the vacated office. The censors who shall exercise their mandate by virtue of this act of the signatory powers shall, in the interests of the latter, see that the bank is efficiently operated and insure the strict observance of the clauses of the concession and of the statutes. They shall see that the regulations governing the issuance of notes are precisely fulfilled, and shall supervise the operations tending to put the monetary situation on a sound basis, but they shall never, under any pretext, interfere in the conduct of business or in the internal administration of the bank. Each of the censors shall be empowered to examine at all times the bank accounts and to call for information either from the board of directors or the manager's office with regard to the management of the bank, and attend the meetings of the board of directors, but only in an advisory capacity. The four censors shall meet at Tangier in the discharge of their duties at least once every two years, at a time to be fixed by them. Other meetings at Tangier or elsewhere may take place if three of the censors should demand it. The four censors shall draw up in common accord an annual report, which shall be annexed to that of the board of directors. The board of directors shall transmit without delay a copy of such report to each of the governments signatory to the act of the conference. The censors' emoluments and traveling expenses shall be fixed by the committee on by-laws. They shall be paid directly by the banks charged with their nomination, and the amount reimbursed to these institutions by the State Bank of Morocco.

To assist the manager's office a committee shall be established at Tangier, the members of which shall be chosen by the board of directors, without distinction of nationality, from among the notables residing at Tangier and holding shares of the bank. This committee, which shall be presided over by one of the managers or assistant managers, shall give its advice on questions of discounts and opening of credit accounts. It shall transmit a monthly report on these various subjects to the board of directors. The capital, of which the amount shall be fixed by the special committee designated in Article 57, shall be not less than fifteen million francs nor more than twenty million francs, and shall be of gold coin, and the shares thereof, of the value of 500 francs each, shall be inscribed with the various gold coinages at a fixed rate of exchange, as determined by the by-laws. The said capital may thereafter be increased at one or more times by a decision of the general assembly of shareholders. The subscription to the increased capital shall be reserved for all shareholders, without distinction of groups, in proportion to their individual holdings.

The initial capital of the bank shall be divided into as many equal parts as there are participants among the powers represented at the conference. To this end, each power shall designate a bank which shall exercise either for itself Division of the or for a group of banks the above specified right of subscription, Capital Stock. as well as the right of nomination of the directors, as provided in Article 50. Any bank selected as head of a group may, with its government's authorization, be superseded by another bank of the same country. States wishing to avail themselves of their rights of subscription must notify such intention to the royal government of Spain within a period of four weeks from the signature of this act by the representatives of the powers. Two parts, however, equal to those reserved to each of the subscribing groups, shall be assigned to the consortium of banks signatory of the contract of June 12, 1904, in compensation for the cession which shall be made by the consortium to the State Bank of Morocco:

(1) Of the rights specified in Article 33 of the contract.

(2) Of the rights inscribed in Article 32 (paragraph 2) of the contract concerning the available balance of the customs receipts, with the express reservation of the general preferential right to the aggregate proceeds of customs granted to bondholders by Article 11 of the same contract.

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