New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1874-04-10
The Closing Scenes.

! Under thls mead the washington CORES
pondent Of the St. Louis Globe furnishes thu
following details concerning the final pas
sage of the currency bill in the Senate or
Tuesday last:
The closing scenes of the Senate finance
debate presented an extraordinary spec.
tacle, in that Republican Senators like
Anthony, Sargent and Stewart, evidently
supposed by others more cautious in speech,
predicted the bankruptcy of the country
and the dissolution OF their party. Mr..
Sargent went to the length of threatening an
alliance of the maritime States Of the AT.
lantic and Pacific against the interior con-
tlnentai States West and South. Senator
Thurman referred sarcastically to the fact
that North Carolina Democrat had
shaped a policy for the dominant party.
Senators Bayard and Stockton were digni-
fed IN their criticisms. Senator Salisbury
came out as party whip, and endeavored
to break up the imitation alliance by an
lronical appeal to the Democratic Senators,
giving Senator Morton the credit of work
ing it up. Senator Schurz was bitterly
ronical in his appeals, reading a cleaver
paper that condensed all the claims made
for currency expansion, which he proposed
to move as an amendment.
The proceedings all dsy were character
lied by 2 degree of bitter determination
unusual in the Senate. The conservative
minority i!ibustered for several hours with
the evident determination to stave off the
vote, till at last Mr.. Anthony gave the sig
nal for withdrawal in a speech. There
were eight roll l-calls, four on propositions
and four for adjournment. The substitute,
as 1t stood this morning, four points First.
increase OF legal tenders to four hundred
millions; second, increase of bank circula-
h ind
tion of coin in bank vaults by recurring a
reserve of one-fOurth of the interest paid
thereon fourth, the national debt is not to
be increased. The third and fourth pro-
visions were stricken out, after considerable
debate, by about four majority.
Inc Iourth section was a test vote. There
was loss to intatiOnists OF two votes. the
majority being only three The vote on
MIR. MerrimOn's substitute was 90 to "a On
the motion of Mr.. Sherman to substitute
the Finance Committee's bill slightly modi.
tied, there were % to %, each side losing a
Senator On the final vote the bill was
adopted, % to q. Several pairs were an
n0unced, 80 that the vote would have stood
36 to 81 if these had been present There
were absent impaired, Messrs. Alcorn,
Dennis, Ferry, of Connecticut,
ana Gilbert. ~ these three Messrs. Alcorn,
Dennis and Gilbert would have voted for |
MI. Merrimons substitute, SO that the SEN |
are stands 81 to 80. Two seats being va
can't, it appears that q majority of the |
Democrats present voted with the expan-
siOnists.
An analysis of the vote shows there were |
"a the majority twenty-five Republicans, |
ix Democrats and one Liberal. In the |
minority there were fifteen Republicans,
TX Democrats and three Liberals. The |
,alrs were four between Republicans and
hree between Democrats. The Atlantic |
states north of the Potomac, twenty votes,
lad but two Senators favorable to expan-
ION One was paired and the other was
'osent. pennsylvania, Ohio and West Vir-
mia gave two for and four against. The
southern States, excluding Missouri and
Vest Virginia. which gave thirteen votes,
LAD two favorable absent and three paired.
eavlng SIX tor the negative. The remain
ng majority votes were from the West and
Northwest only; of the Senators, Meesrs.
toward and Chandler voting in the mega
i've. The SIX Pacific coast votes were cast,
ne Tor imitation and five against.
Sectlonally considered, then, the South
nd West controlled only nine Senators
oting nay, and of the pairs and absent
mes there were none. The importance of
le struggle is the subject of general talk
night. Politicians like Morton, Ferry
nd Logan do not seem at all troubled BY
ne talk of their associates Their victory
really the result of Morton's leadership
nder it the majority have shown a. dispo-
ton to accept things most available
nong themselves The minority were
lVlded. They were also too confident of
iccess at first. There is no doubt but that
10 President will sign the bill.