The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1874-06-16
Kill CONGRESS.

q HOTrsE y efsf--t 81 81
DRFsAToF THE FINANCE observation-disclosures
ATOMS FOR Observation-Disclosures THE
CIVIL SERVICE. -
WASHINGTON, June lathe proceedings
opened amid great noise and confusion:
many members striving to be recognized.
Mr. Garfield, of Ohio, in order to get out of
the tumult, moved that the House resolve
Itself into the committee of the whole, but
the speaker suggested that the House had
already resolved itself into utter confusion.
| Mr.. Maynard, of Tennessee. them
made the conference report on the CURRENCY
bill. He proceeded to explain the report.
TO specify the changes in the bill as PASSED
by the House, and the substitute as reported
back from the conference committee: two
material points. being. first, as TO the pro-
portion oflegal tenders to be cancelled on
the issue of more bank currency, it being
now fixed at three-stghts; and, second, as to
the time for the redemption of United States
notes in gold or bonds, which is now fixed
for the LIST Of January, 1875 These, he said,
were concessions made in opposite direc-
| tons. lB ID
Mr.. Lawrence, of Ohio, asked Mr.. Nav
nard whether he thought it would be practi-
BILE to resume specie payments on the LIST of
January, 1878. rl- 1855
Mr.. Maynard replied that it would be
| notes.
II not In specie, at least in bonds issued under
| the act of 1871.
! Mr.. Lawrence-Of what advantage will
that be to the public at large?
Mr.. Maynard-It will allow the holders of
legal tender notes to purchase gold interest
bearing bonds and thea the secretary of the
treasury can use these very notes for the
purpose of calling in the outstanding debt
bearing high rate of interest. The effect of
it wiz be to fund, in q few years, the entire
public debt at low rate of interest.
Mr.. Lawrence-Is there not danger that
1t would be followed by
RAPID CONTRACTION
of the currency.
Mr.. Maynard-Not at all.
Mr.. Clymer, of Pennsylvania, the member
of the conference committees, who did not
sign the report, made aspeech stating the rea-
sons for his dissent. He regarded the substi-
tute as transparent fraud intended to allow
the republican party to escape condemn
ton and to bridge over the coming elections.
His automatic financial principle was that
the only standard of money was gold and
silver. He would not favor further disgrace
and misery on the country by voting for the
conference report.
Mr.. Clymer question. but was met with
general cries of "vote," "vote," from both
sides of the House.
Mr.. Maynard regretted the absence of
Mr.. Clymer's name from the report, because
1t might seem 20 give a sectional character
to the question OF the currency, but he
hoped the vote of the House would obliterate
any such idea.
The House then proceeded to vote on the
report OF the conference committee, and it
was rejected; yeas los, nays LAG, as fol-
lows:
Yeas; Albright, Averill. Barber. Barnard.
Begole, Biery, Bradley, Bromberg, Bundy,
Burchard, Burrows, Butler of Tennessee,
Cain, Cannon, Cessna, Clark OF New Jersey,
Clements, Cobb OF North Carolina, Cobb of
Kansas, Conger, Cotton, Crounse. Crutch-
field, Curtis. Darrell, Dobbins, Dunnell, Far
we'll, Fort, Foster, Garfield, Hagsns, Harri-
son, Hawley of Illinois, Hays, Hazleton of
New Jersey, Hodges, Howe, Hunter, Hurl-
but, Hynes, Kasson, Lamport, Lansing,
Lewis, Lofand, Loughridge, Lowe, Lynch,
Martin, Maynard, McCrary, McDill of Iowa.
Mckee, McNulta, Merriam, Monroe, Morey,
Myers, Negley, Orr, Packard, Packer, Par
sons, Pelham, Phillips, Platt of Virginia,
Pratt, Purman, Rainey, Ransier, Rapeer, Ray,
Rice, Richmond, Robinson of Ohio, Ross.
Rusk, Sawyer, Scofield, Scudder of New
Jersey, Sener, Sherwood, Shoemaker,
Smith of Pennsylvania, Smith of Louisi-
ana, Smith of Virginia, Smith of Ohio,
Snyder, Sprague, Stowell, Strait, Straw
bridge, Thomas of North Carolina, Thorn
burg, Todd, waldron, Ward of Illinois.
Ward of New Jersey, Whiteley, Willard of
Michigan, Williams of Wisconsin, Will
liams of Indiana, Williams of Michigan,
Wiltshire, Wilson of Iowa, Woodwork.
Total, los.
Nays; Adams, Albert, Archer, Arthur.
Ashe, Atkins, Banning, Barnum. Bass.
Beck, Bell, Berry, Bland, Blount, Brown,
Bright, Brown, Buckner Buffinton,
Burleigh, Butler OF Massachusetts,. Caldwell'
Cac ark 0f 80
York. Clymer, Coburn, Comipgo,
Cook, Corwin, Cox, Creamer Crittenden,
Crooke, Grassland, Danford, Davis, Dawes,
Donnan, Durham, Eames, Eden, Frye, Gid
dings, Glover. Gooch, Gunckel, Hale of
Maine, Hamilton, Hancock, Harris of Mas
sachusetts; Harris of Georgia, Harris of
Virginia, Hatcher, Hathorn, Ravens, Haw-
ley of Connecticut, Hendee, Hereford.
Herndon, E. r. Hoar, G.. f. Hoar. Hooper.
Hoskins, Hunter, Hyde, Jewett, Kelly,
Kellogg. Kendall, Knapp, Lamar, Lamison.
trell, Magee, Marshall, McLeon, Miliiken.
Mills. Moore, Morrison, Neal, Nesmith, |
Niblack, Niles. Mum, O'Brien, O'Neil, |
Orth, Page, Parker of New Hamp.
shire, Parker OF Missouri, Pendleton,
Perry, Phelps, Pierce, Pike, Plat of New
York, Poland, Potter, Randall, Read, E. H. |
Roberts, Robinson of Illinois, Sayler. of
Indiana, Saylor, of Ohio, Schumacher,
Scudder of New York, Sener, Sessions,
Shanks, Sloan, Small, Smart, Smith OF New
York, Southland, Speer, Stanard, Standeford,
Starkweather, Stone, Storm, Swami, Sypher,
Thomas of Virginia, Tremain, Turner.
Vance. Wallace, Walls, Wells. Wheeler,
White, Whitehead, Whitehouse, Whitthorne,
Willard, Willie, Wolfe, Wood, Woodford
and Young of Kentucky.-146.
Mr.. Negley, of Pennsylvania, in voting
aye said that he did so out of respect for the
VIEWS OF HIS CoNsTIrrENTs,
but that personally he was opposed
20 several of the provisions of the bill. |
Mr.. Dawes, of Massachusetts,, moved that
the subject be sent to new conference conn
mittee. Agreed to; yeas 1913, nays 49, Those
voting in the negative were Messrs. Archer,
Bass, Berry, Bromberg, Buffinton, Bundy.
Clark of New York, Clements Coz, Crooke,
Eden, Farwell, Frye, Hamilton, Hoskins,
Hurlbut, Kendall, Lamison, Lowndes, Lut-