Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1834-06-27

bills yet for tho last four months these days had been de-
voted 10 other business.
After considerable struggle for presidency Of business.
Mr. u r. White succeeded in getting n vote of two IN
one TO take up the gold coin bill.
GOLD COINS.
The House then proceeded to take IN the iollovin,
bill: r 49, '''h
bill concenisg the Gold Coins of the United State. ao
Tor o.her purposes.
BE IL enacted BY the Senote and House of Rep,ss,u
fofices of the Unted States of a,nerica in Co,,gy,.
assembled That the Cold Coins the u States shall con-
tam the following quantities OF metal that is to say each
Esge shall contain two hunde and Thirty two grains of
hne gold and two hundred aud fifty grains OF stand
su gold; each Halt Eagle hundred and sixteen grains
OF hue gold and hundred and w en,y nine grains Of
standard gold each Quarter Eagle shall contain .yht
grains OF hue gold, and 81 grains OF standard gold;
every such Eagle shall be OF tho value Of ten ioar-
every such Hall Eagle shalt be OF the value Of FIVE dol
lars; aud every such Quarter Eagle shall be the value
OF Two dvars and fifty and ALSO gold coins to con-
tain twenty three aud two tens of grain of pure gold
anu twenty live and eight enbs Of grain of standard
gold to he Of the value OF one dollar and the said sod
CONS shall be receivable In all payments when such
weight according their said values and when
OF less than such weight at less values, propooned to
meir respective actual weights
Sec. .dnd be IL further enacfcd That all standard
god and silver deposes Tor coinage after the
Wy next shall be paid for in coin, under the d.
feeuon oil the Secretary Of the Treasury within i've DAYS
rom The mixing such deposite; deduciing from lie
amount oil said epo.'e Of gold aud silver, Of one
per ce"'uin Prorided. that deduction shall be male
forty days "''"'"
Sec. 3. lind be IL further enacted. That all so,d coin.
oil me United Sctes, min.d anterior TO the thirty FIRST
day oil July next, shall be receivable in all payments a,
the rate OF ninety four ana eghtenths Of cent per pen
Sec. T. And be IL further enacted, That this ac, shah
oe In ioce from and after the thirty Grsi day Of July in
NE year one thousand eight hundred aud thirty four
MIR. White OF New York, Chairman of the Committee
on Co'us, moved 10 amend the bill by striking OUT all af
ter tue enac'ng clause, aud substituting new BILL tx
ing the rao oil the value OF gold silver to MIR
"hiie made speech explanatory of his for tie
proposed change, which opened a discussion OF much
learning ana great Interest, which occupied the House
uil late hour.
Mr. selden s'renuously opposed the amendment, and
mo an elaborate argument in defence of the bill
nrst reported and in opposition 10 the lie
argued TO shew that the practical effect OF the latter would
De- IA short time, to bsnh the existing silver currency
OF me country lie considered the proportion proposed TO
be established false in fact contended that the true
ratio was not TO l6 but to l5 So and he offered an
amendment to that effect as follows:
"Srke out 232 grs. the quantity o. fine gold in an
eagle, and insert 237 6-l0-s;rike Out 25s grs The on
NY OF standard gold in eagle, aud insert 2s4 grs-
strike out ll6 and l29 grs. the quantity OF fine and
standard gold half eagle and insert lis $40 and 1872
grs Strike out So and 81 1-2 gre the quaniy of fine and
standard gold III quarter eagle and use 80 4lO and 66
grs"
Mr. Cowney replied consider able leng h and entered
mo an argument 10 show, that the proposed wa lust
anu wonid be attended with beneficial consequences
Mr. Gorham went into history of what had formerly
oeeh done upon the very delicate subject i'm the
the ssna .a country ana IN Europe and entertaining
'PPrehensons with Mr. Selden, the effect
OF the bill In baDiDg the silver circulation he
a" Sine nament 20 obviate that difficulty, follows:
sec D. Beif further enacted, That from and after IA
hrst day oil Jannary lsio the legal for the paw.
men aud discharge of all debts contracted or
Tor TIE payment OF money incurred after the passage at
this act shall be half in silver coins aud in
Tue gold coins, which by law shall be made current in
the United States Provided however thai anv sum Ioss
ah hve dollars aud that fraction remainder OF larger
sum which shall be less than FIVE five dosrs NAV be paid
States. ' '"' o"''eu
Mr. Selden consented TO admit this as modifics alton of
ms amendment in order that question might be taken
upon il.
Mr.. Jones, of Georgia. replied TO Mr. SeLlen am, Mr.
Gorham, defending the amendment moved by Mr. White
ana anticipating with much satisfaction the wholesome
elect oil The till in bringing in gold specie basis to
the paper circulation OF the country.
Mr. Giet also congratulated the House on the prospect
OF al length obtaining, what he as es.
mate currency. He insisted that the ratio Of I6 10
would not DO more than make up for the difference Of the
cost Of transportation w
Mr.. Binney expressed his astonisbment :, The c,ar,,
o' me amendment proposed by the Chairman aud still
more at the argument by which i, was sustained, and
question OF very great monent 1t could effect no real
change In the value OF gold, and though might be te m
porary adv an'age TO the holders of gold coin the
owners oil mines IL could neither add TO the wealth Of
me country nor take the place Of a paper currency ts
cei practical effect woald be place in the vaults Of
Tue oaIks "a gold coinage instead OF silver one.
Mr. Ewing opposed the amendment of Mr.. White and
advocated that OF MIR. Selden in speech which was
very frequently interrupted by unusual noise and conf
SION IN The House. insomuch that his course Of argune
was but indistinctly heard.
Mr. Camhreleng the varou. ratios establish
eel Ivy the different European Cove his
own preference for that OF 1 1885, but signifed his
m''ngness to renqnsh Ibis, and acquesce in pro-
IA 10
ratio established throughout The Spanish Jounions
MIR Mckim opposed the amendment propo.ed by Mr.
orhan as inconvencnt in high degree, aud subject
the mercantile interest 10 extreme embarrassment He
preferred the ratio OF to Is S25 the ratio of TO rs
Du. ne spprehended no Inconvenience from that score
Mr. Gorham now consented TO Withdraw his mendment
"hen alter an inquiry from MIR. Reed the question wa
pun on Mr. Seldens amendment and decided by yeas and
nays as follows: Yeas so, Nays 1877
80 The amendment rejected
Mr. Gorham then proposed another amendment altering
me Quantity Of pure gold in an Eagle from 2s2 2s4 grs
and the quantity OF standard gold 253 TO 26O g
aing he residue of the bill in the same proportion This
also was rejectedby yeas and naysYe 60 Nays TO
mr' blnney then proposed amendment providing for
on annual a say oil The coinage; which agreed TO-
ne bii was then ordered 10 lis third reading and read
hird lme when, alter some remarks Messrs Adams
archer Uorhan, Ellsw orth, and Wilde the question
taken on The passage OF the bill, aud decided in the at
hrInaiive as follows Yeas l45, Nays So
80 the bill passed aud sent 10 the Senate for co,
currence. " w.
The other coin bill regulating the value OF certain 70,
reign gold coos within the United aies was then taken
up, and having, motion Of Mr.. White been 90 amend
ed as 10 conform IL 10 the rao established in the prece
ing ohl' u was 10 like manner read third time, passed
aud sent to tue Senate for concurrence.
NO private bills having bee carried through Comn;,
zee OF Tue Whole ard passed, the House spent short
nme on he bil from the Senate, granting double ensons
tue surviving relatives OF the sailors killed on board the
French FTgaic Suffren in the Bay of Touon len the
farther consideration OF the bill having been popoued
I'LL monday, The House, at 8 o'clock, adjourned
Monday, June 23
IN SENATE
Mr. hIl presented certain resolutions of the
OF New Hampshire sustaining the course of the Fxec,
i've ~ his measures ia relation the Public Finances and