The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1874-06-13
"NEw LAWS NOT NEEDED"
The Conference Report on Finance
Adopted by the Senate.
GIVE SERVICE ~REFORM.o
SENATE.
WASHINGTON, June II, l,

Va VIC WOEklux!ltu OI GOlUlnDla. "a, asking Con-
gress not TO adjourn without action on the pend
Ing financial question, and for the restoration
Of the ten per cent duty on iron and steel. Re-
ferred to the Committee on Finance.
Mr.. PRATT, trep.) of Ind, presented memo rial
OF the Seneca nation OF Indians, asking that pen
sions be granted TO members o the tribe who are
survivors or the OF 1912. Referred to the Com.
mlttee on Pensions.
MIR. WEST, trep.) OF La, presented memoir al OF
John NJ. sandidge, OF the New Orleans Chamber OF
Commerce: JET Thompson and James Longstreet
Louisiana state Engineers ana George F. Sher-
man, State Commissioner, asking Congressional
AID Tor the construction OF levees on the Miss,s.
sippi River. Referred to the Special Committee on
Levees.
Mr.. WAsHBURN, rep.) of Mass, presented a me.
mortal Of the Boston bankers and brokers against
The passage OF the y-ninth section OF the
pending Iarln bill in regard to the on the sale
OF coin, bonds and other securities.
Mr.. CoSKLING rep.) oil N. Y, presented siml-
lar memorial from the New York brokers' both OF
which were referred to the Finance Committee
Mr.. OGLEsBY, repJ OF ILL.,, from the committee
on Pubic Lands, reported back the bill to moor
porate the Eastern ana Western Transportation
company, VITA authority to construct IalIrOad
nom the coast OF South Carolina to the Missouri,
River and asked that 1t be referred to the Com
niittee on Railroads. 1t was 80 ordered.
MI. CARPENTER rep) OF WIS.,. from the Com
mittee on Privileges and Elections rel orted ad-
polls In elections Tor President Vice President
and members OF Congress. with q written report,
and the committee was discharged from iurther
consideration OF the subject.
,TuNEELLiNG THE EAST AND NORTH RIVERS.
MI. STOCKTON, tdem.) OF N. j.. by request INTRO
Guced Dill TO construct Il tunnel under the East
River, between New York ana Brooklyn, and
under the Hudson River, between New York and
Jersey City. Re erred to the Committee on Post
Omces and Post Roads.
ON motion OF MIR. ANTHONY, trep) OF R. l., the
committee on Printing was authorized To slJ dur.
The amendments OF the House to the bin to
amend the laws relating to patents trade marks
anu c0pyr1ghtS were cOncurred IN and the bill
was passed.
THE FINANCES.
The senate then resumed the consideration of
unfinished business beng the report OF the Con-
ference Committee on the Finance bill.
promise on mi, Mep o. oa aha opposed a any COM
AL compromises should teach the senate that no
go0d grew out Of Them He referred to the pledge
OF Lne republican party and the inaugural address
Of PRESIDENT Grant to pay every dollar OF the pub
nc Indebtedness IN god, and commended that Con-
greSs had no right to violate those pledges In his
opinion the ordinary course OF business the very
laws Of trade, would bring aoout specie payments
He would not favor contraction as that would De
ZOO severe but he desired TO see the country grow
and thus have TINS enormous currency absorbed
Inc whole tendency OF TINS bill was compromise
away IrOD specie payments, and step in the
wrong direction. He argued that the President.
by the attitude assumed by him, was standing by
congress had departed from these pledges. He
thought the country nearer specie payment to-day
su0u LII WOUO DC LII 1918 SnUuiO lnl5 Dill become q
law.
ADJOURNMENT WITHOUT ACTION ADVOCATED.
He had no Tears In having Congress adjourn
WltnouL action upon this subject ana that the
whole question be RENTED TO the people, He had
no doubt Il tins pill should pass MS trends from
indiana Alr Morton) and Illinois (Mr. Logan)
would return here next year and say it was an
error He denied that Senators RON the Pacific
States were provincial IN their views on this sub
ject, as mad been charged heretofore. The same
opinions they expressed were expressed by Sena-
tors rom New England, Michigan, Kentucky and
War aIgO
tertained by Daniel Webster, James Madison and
men OF q former period who were eminent states
men.
When Mr.. SARGENT concluded, the CHAIR CIr
Ingalls, announced that the question was upon
agreeing TO the report OF the Committee OF Confer
the rOlcali proceed.
violent rainstorm was prevailing at the time
ana the noise upon the metallic ROOF was great
that Senator could not be heard across the
Chamber, therefore business mad to be suspended
Tor short time.
Mr.. STEWART, (rep.) OF New, took the moor and
said It was very evident that the Chair was not
heard by the Senators when he directed the roll TO
De Called He then proceeded to oppose the bill as
perfected by the committee, and SAID the produce
BY the printing macn.ae in making aTeenb Hoea
He ala not favor any compromise, and said the
Pill was in the interest oil expansion. 1t was so
framed that no one would understand it, and it
would cost millions and millions OF dollars to in.
terprct 1t, as all kinds OF constructions would be
put upon 1t. lie Thought the bl must have oiigi-
mated in a wind storm or mud storm. 1t con
sisted OF q lot OF phrases put together which
McJnt nOtnlng. tie opposed the eighth section OF
the bill IN regard to the redemption OF legal ten
ders in bonds IN 1873, and SAID it would he lar
better to fix the time or redemption in 1890, and
then return to actual specie payment and not re-
deem Ia bonds.
The senate Committee on Commerce reported
the River and Harbor Appropriation BILL and rec
Ommend the insertion OF the following items =
$4,000 Tor the Improvement or the Detroit River,
Georgia; $4,000 for the Apalacncola River. Flor,
Ida; $4,000 Tor the Chattanoocnee River, Alabama;
So goo ior Elk River, and $4,000 or Chester River,
n no r,f
Newcastle, Del; $4,000 Tor Lewes Del. $4,000
for Fall River, MASS, and $4,000 for Milford Conn.
second section OF the bill, which directs surveys
and examinations to be made at u large number OF
ing out the appropriation OF $55,oOo made by the
House for this purpose. They also strike out the
items OF $4,000 ,or the Improvement of White
River above Jacksonport, and $4,000 for the
Usage River, Missouri Tue item OF $50 900 Tor the
Fails Of 81. Anthony Is made applicable also to the
The consideration OF the currency question was
resumed
MONEY PLENTY.
Mr. MORRILL, trep.) OF Mc., referred to the fact
that money was plenty, and sad in the money
centres OF The country II was stagnant He re-
was caused by lack OF currency. He did not think
1t would hurt the American people to pause a
ways and unproductlve enterprises during The
next ten years 1t would be better for the country.
he would be glad to see some plan perfected by
which this financial question could be settled
which in its practical operations would be beneh-
cfal but he could not see his way clear TO vote Tor
this.
Mr.. HAGgE, (dem) OF Cal, said he had always
voted against any measure not calculated to bring
about specie payments. He did not see any dis.
position on the part oil the majority in TINS body to
make any concessions which would result In specie
payments. He denied that the Pacific states were
nnpatriotic in adhering to gold and silver as their
medium, ana said he could see no bene
MCia results TO follow the passage OF this BILL
Gould ne control the Senate he would have a
tI n 20 specie payment on July 4, 1875, and the
Wnoie people would rejoice.
Mr. HOWE, rep.) OF Wis., said he would vote for
the ADOPTION OF the report. lie rendered his thanks
ttOns.
THE CONFERENCE REPORT ACCEPTED.
Az naIi-past Iour O'Clock the vote was taken and
the report was agreed to-yeas 80 nays 23-as iol-
lOws:-
YEAs-Messrs Allison Bogy, Carpenter, Clayton Con.
~, DoI sIy rcIy ~ michigan Gilbert. Goldhwaite
harvey' hcncoSk Home Ingalls, johnson Logan Me
psasf D rn wss%;ey
MI; spe Mssr. Upon; !" est ana Wright-u
Csnkiing, Edmunds, Flanagan FIeiina.
n HN0Q lion az Aar,vt