New-York tribune., 1874-06-13
XLIIID CONGRESS-Isr SESSION.


REGULAR REPORT OF PROCEEDINGS.
ADOPTION or THE CONFERENCE REPORT ON The
CURRENCY BILL BY THE sENATE-FOUR sIRoS"
SPEECHES IN OPPOSITION TO TIE MEASURE
ANOTHER DISCUSSION on THE CIVIL SERVICE
REFORM QUESTION IN THE HoUsE-rhE ohNf
BUsr BILL STILL PENDING.
SENATE WASHINGTON, Juno IL. 1874
Mr.. SCoTr Rep., PENN presented me-
morsl NJ the workngmen OF Columbia Penn, asking
Conuress not TO adjourn without action on the penang
financial question for the restoration OF the lo per
cent duty on iron and steel Referred TO the Committee
on Finance.
Mr.. PRATT Rep., IndJ presented memorial OF tue
Seneca Nation Of Indians asking that pensions oo
granted 10 members Of the tribe who are SURVIVORS vi
war of 1872 Referred to the Committee on Pensions
Mr.. RAMSEY tRep.. Mimi from the Committee on
Post Offices and Post Roads reported favoraby on tne
bill relating to contracts with tho fOStomco RR,as
meDt, and gave notice that nc wouid I'd" ~ up W.
@r WAsHBURN (Rep. Mass.) presented IN memorial
OF the boston bankers and brokers against the paso
OF The 29th section the pending Tariff bill 10 regard "
the tax on the sale coin bonds and other securities.
memorial from the New-York brokers. both OF which
to the fpnpss eo@muncaon from
the Of se Rway ss Depart
ment and railroad companies In regard to the trans
portaton Of the mails. and asked leave 10 nave "
Mr. CARPENTER (Rep., Wis., from the Committee
Privileges and Elections reported adveroy T nr sor
President Vice President. and members OF Congress-
with written report and the Committee was discharged
irSIp Mr sTocKToN Dem n j. by request introduced
bill tunnel under the East Kver oetween
New York und Brooklyn and under the hudson hiver
between New York and Jersey CITY. Referred to the
Committee Post oices and Post Roads, io son.ts hill
incorporate the oxygen Gas Company OF tue DStrc'
u Mr MiTCHCoCK Rep. Neb) called up the bill to in
corporate the Capo, North st. and south Washing i
Railroad aa3 the fSnans bin Wa ai ovsr
Mr.. SARGENT (Rep, Cali introduced q bill relating %
to mail contracts Referred to the Committee on Post
The amendment OF the House to the bill to amend the
laws relating to patents trademarks ana copSriS"s
| were concurred In. and the bill was passed.
THE COMPROMISE CURRENCY BILL
The Senate then resumed the consideration OF I'M
finished business being the report OF the Conference
Committee the Finance bill.
Mr. SARGENT (Isep., CALI opposed any compromise
on this question. and said the history OF all compro
mises should teach Senate that good grew out OF
them He referred to the pledges OF the Republican
party and the inaugural address OF President Grant 70
cOntended that Congress had right TO violate these
pledges his opinion the ordinary course Of business
ments He would not favor contraction, that would
severe but he desired to see the country grow
aud thus have this enormous currency absorbed Inc
| whole tendency Of this biil was compromise swG
oI specie ana step II hv tue se attds as
sumed By hun, was standing by the pledges bsS 80 de-
parted from these pledges lie Thought tho coun,
try nearer specie payments to-day than 1t wouId
in 1879 should TINS coOrre,s O ogsgs aSion without
action upon this subject Let the whole question pe
sSonid be passed, his friends from Indiana r Moronj
aud Illinois (,Ir L,gan) would return mere next year
aud say i was an error s uSne IN ' mar on tbs
subject, had been charged heretofore lac same
Gp%0SNs 4o% ysS Mchsa kenscE aud OHor
sections, and these opnions were also y
Daniel Webster, James Madlson and men ol former
period, VINO were emiDent statesmen
| Wnen Mr. Sargent concluded, the CHAIR (Mr Ingas)
announced that the question was upon agreeing To the
taking the loor he directed the rOllca TO proceed
noise upon the metallic roof was SO great hat senator
could be heard the chambers therefore, busi
| ness had to be suspended for a short time
was tnat the Cntir was not heard by e Sena-
ceedeI 10 oppose the bi perfected by the Commit
tee said the produce Of tue country was now being
robbed by the ntingmachne III making greenbacks.
He did compromise, and said the bill was
in the interest OF expansion 1t was 50 framed that no
millions of dollars to interpret It, as all kinds of con
| must have originated in a wind storm mud Storm
IL lot Of phrases put together which meant
regard TO redemption of legal tenders in bonds in
1873 aud said would FAR better 10 fix the time for
redemption III 1890 ana then return TO actual specie pay
meut and not redeem III bonds.
Mr.. BoGY tRep., MOI introduced bill to provide for
the payment of certain demands for quartermasters
and subsistence supplies furnished the army OF
United States. Referred Committee claims.
Tue consideration or the currency question was re-
| Mr. MORRILL, (Rep., Me.) referred to the fact that
money was plenty, and said, IN the money centers Of
the country 1t stagnant. He reviewed the causes
of the panic denied that 1t caused by lack of
currency He did not think would hurt the American
people to pause a while II less money be invested in
useless railways and unproductve enterprises during
the 10 years would be better for the country He
would be glad plan perfected by which this
financial question could be settled which, In Its pract
operations, would De 0enenca out he could not see
| his way clear to vote for tins.
| Mr.. HAGER (Dem CALI said he had always voted
against not calculated to bring about specie
nay mens. He did not any disposition the part
OF the majority this body to make any concessions
which would result IN specie payment He denied that
the Pacific States unpatri0c in adhertng TO gold
and silver their circulating medium, and said ne could
see beneficial result to follow the Of this bill
Could he control the Senate he would have return TO
specie payment on July 1876, and the whole people
| Mr HOWE rep, Wis., said he would vote for the
OF report He rendered his thanks to that
Committee for this result Of their deliberation
At 45O o'clock the vote was taken and the report was
| agreed to-Yeas. 32 Nays 23 as follows Republicans
ia Roman Democrats Ia Italics, aud Liberal Republicans
| In small capitalists
Allison, Godthraia, Mrrfmon, Ramsey.
| I,o1v, Harvey, Mitchell, Robertson,
CLAYTON Howe Noruood Sherman,
Ingalls,. OSesoy. spencer,
DorseV. Johnston. Patterson, IIPros,
| ai1sr, Gse sA'@'' Mecreery Pratt. Whsi.-s2
| Acorn, Edmunds Hamln, serenson,
| Bayari. Freinsnuy'sn, Morrill, 6Me), STOCKTON.
BSesisaS.m, HaSt.ou tMd saseut Washburu-2s
Conkling, HAMILTON Tex )SCHuRx,
Messrs. Cameron, Dennis. Lewis, ana Wlndham, who
would have voted for the report, paired with
Messrs. Cragin, Kelley Wadeigh, and Saus6nry. who
would have voted against IT,
Mr.. CARPENTER (fep. WIS.,, from the Judiciary
ftaa