Wild Ben,
Both methods have been used by USFA. Some of the older guns used the threaded "plug" - current manufacture uses the simple, threaded hole.
The original purpose of the plug was to provide enough threading for the screw. Back in the 1870's, machining technology hadn't progressed to the point where they could properly machine threads into a shallow screw hole. Today that is no longer a problem and the plug method is no longer needed.
CJF