, 1874-12-23
WASHINGTON.
Sudden, Sharp, and Em~
cie11t Work in the
Senate.
The New Currency Bill Put
Through with a Rush,
All the Republicans Except
Sprague Vote for It.
All tho Democrats Except sau|s.
bury Oppose II.
MIR. Schurz Shows that 1t
Has Very Weak Spots.
But Votes for 1t as a Pledge Of
Specic-Payments.
AL Amendments Rejected, and
Debate Limited.
The neutrality-suspicious. Bill in The
House.
It Causes the Usual Amount Of
Democratic Blowing.
| Reasons Why a Central Pacific lnvesti-
cation Was Refused.
AL Amendments Rejected, and
Debate Limited.
The neutrality-suspicious. Bill in The
House.
tt Causes the Usual Amount Of
Democratic Blowing,
Reasons Why a Centfa! Pacific lnvesti-
cation Was Refused.

IT II IA6HED WITHOUT A.IEsNU11IsNT.
Ypcctdt L1spUtch to Tho EAicaaD Tribune.

G3Ect1@ 1RHQWtcH 10 Nd Lf]lcH6D 4 FluHHts
WAslt1NdroH, D. G., Dec. 22.--Iho seuato
promptly pnasod the nnauco bin this afternoon.
Senator Shorman's spoech explanatory Of tho
bill ,Tau heard with married. attention. Upon tho
cloBo Of Ills speech tho DomocrasB, without yon~
turing to oppose tbs bill to great extent
upon its merit, bought to intcrposo OBJ
utaclea to its pasAagc. Tho Democratic
Bpeechec woro entirely Of u negative character,
md consisted Of rolloassal Of some Of their old
Arguments of laat spring, suggestions of differ
ent days for Bpecio resumption, and repeated in-
torrogatlons to souator Sherman uoaccompapicd
by any propositions for my improvement Of tho
I'LL. 4 number Of
AMENDMENTS cnAFT11Y wonpED
to cndcayor to brea's tho solid Republican vote
for tho bill werc offered, but woro always dofest
cd by II united Republican vote. Tho Republican
Senators who laat winter woro 60 widely. .diyidod
upon tho finance question uo1o q unit On thD
bill before the Senate. It Rccmcd evident that
tho uession might last fur into the night,
if 1t did not continue till morning. for
senator Sherman lad giyon notice TINT ho did
not propose to glyo way for an adjournment until
lnal diBpoaition waH ,natlo OF the bill. Tho
Democrats fought It etop by step III tho utter
noon, but soon after tho gas wAa lighted seo1ned
to become convinced thai their tactious opposi~
ton would not 1nal;o any breach in tho Ropubli-
can ranks, aud about o'clock
THE FINAL VOTE
was taken. THO tirco Observation-Disclosures,
Tipton and fa1niiton-yoted with tiloDenaocrats.
Eaultbry was tho only Do,nocra. who voted
with the Republicans. 1t was novel Bpcctaco
to see Logan: Ferry, OGlosby, and Morton yot-
ing ayA upon Tho inance question with Sherman,
Scsiurz, Anthony, nnd Edmunds. Tho old d.
vision in tho Republican ranks upon tho
SYt1hnf hn1 arti FiQbrrt1rn3
Il.oro were no intiationist 1topubli-
eaI,s, or contractoniat Republicans, or
sectional Republicans but the Republican Soma
tors uB q body voted HQuaroly III favor Of @ bill
fixing day for tho resumption OF specie pay
mont. Tie Democratic Senators, With their
threo Independent ullieA, voted with equal
! s.slanmty againat tho bill. and made Il united
record against measure for specie payment
4 Republican Senator remarked, after tho vote,
that tho unity Of tho vote would do moro to con-
soliaato tho Republican party thau anything that
! bud occurred for yours.
THE Nosr vuEsEnAnLE PART OF THE BILL
was tho abacnco Of T. provision for the deGtr1sc-
ton of tho roaeomoi1 loyal tenders and fractional
currency. This point the l.ard- -nlopoy Demo
| crats especially ATTACKED. The ilf1ati0nist
! Democrats, OF tho typo represented by Merri-
man, wore bitterly opposed to tho bill,
s certainly cona 70. s9o n ioat,on IN H.
Democrats wero not practical, rs they could not
bo properly realizad for Aonlo years.
The hill will probably paas tho House, hut It il
not 10 Strong III tho House as i'll tho Senate.
| THE DEBAT1: IN THE SENATE.
| (7o The fusociafed Ptf.s.l
| WAau1NGToSt d. c. Dec. 22-1n tho Sennto
to-day tho Finance bill! having bucn taken up,
| HIr. Sherman snid he did not intend to roupotl
beualon. Tho senato waa composed OF tho same
| portions now, aud it was idlo To reopen 1t. II
was now less than three months from the timo OF
adjournment, aud thoro was Il general tcollns
sired to 10y to tho sonato tlat every word
every limo, OF this bill tended toward tho as!:
nuuucomout III tho tltlo. Tho bill might fall
short ~ many particulars, eNs It waf
one which demanded reasonable concessions
from oyory sonntor, lto thon explained the
various provisions OF tho bl. md snid tho first
section, providing for tho redemption Of frac:
tioHnl currency with coin, met tho approval 81
both tho Secretary Of tho Treasury oi!d trosdont
THO second section, which repealed tho laM
converting, standard gold bullion into coin. re-
qu!reda sacrifice on tho part of tho Govern,
taent to tho extent Of .s95, 900 por annnnl, that
being tho amount levied Inst year upon those
Tho third aect,o,. Of tlo bill provided for frer
la1,king. Under tho present law banking waf
virtually free in somo of tho Webteri' and
Southern Ssatcs, but III tl!a great con-.
nsorcia centres Of tho country it wae moi
from. This free banking section. therefore. pro
yldod for tho enlargement Of Tho volume OF t4e
currency iii cnHo tho business OF tho country do
monde1 1t. 1t also proposed to goloom ul1itot
Stntoa noten 10 tito oxtunt OF 90 por cent OF tls
Mn,ount Of tho now bank-uotoa inanod. The Soc
ton dill not propose olthor contraction or OK
pans!on Of thu currency, leaving it to 10 Eoy'
ornel by TIM bllsinoss wansa Of tho community.
Tho til! alao provided ample moa1h to main
tain and provide for apeoio resumption
ana no Senator could doubt tllht II tyr
bill bccamo q law, hpocle payments! wolff
Ac resumed on tic LIST Of 1anunry
1870. II efforts should he made by sanator,
onxratt othor gnoBlona on tllis hill thoy wonlt
lGnd 10 itB doiaat, 1to reviewed. tho several plum
for Hpocio resumption hurotoroEo considered b,
tho sennte. aud 6aid ho lad been co1nnelod tt
surrender hsa leas III regard to resumption.
THE POWER Tn NEls'uE.
Mr. Schnrx inquired Il 81 per cont Of tho legal
tenders redeemed were 10 l,o reiuBned.
Mr. Sherman said That would bo Il question fo
confederation four yoarB from nov. N ~ bool! 81
Tim amount Of loEaltondora bo reducud to fGotl,
0Do,U30. 1lo did not think anything should b
| Hnid III tl![A bill m to whct,or tint so por ecu
| .!,rl1lf1 In nHtrnvnt1 rhiAAund, M kneF