New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1874-04-07

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Tn bill having been considered IN Committee OF The
Whole, h was tpen reported to The senate TIC question
being. VIII the senate oslee 10 the bill a. agreed upon
by the Committee tAc Mhoet
Nj. SHERMAN thea Offered "a substitute for the
entire OI agreed upuD M Committee OF the Whole the
bl Originality rep'rted by TIE Finance COMMITTEE with
certain moi,Iu0ns, extending the time 10Y specie paw
90 per cent OF the sreenack in proportion the Na-
uOGa! Bank currency issued Nh. sherman again spoke
ing toward specie assumption. and appealed to the
Senate t. ave sucA clause N IT,
dF. no I iIyVGu tl., Sle Sei4E pr'ceed 10 AAo'u
Ne MORRILL, an w, EA&iIT nIep.. Mel.
and Others, sand tncv would for substituting
bill eff req by Nj Sherman for that agreed upon ia
Commute OF Inc WuC!e Out would vote agnst ITS final
abortion By tic Senate Ilcy would vote for suOoti-
upon. though il I'D not meet ther views entirely.
MIR COEkLING (Kep, y. " and ur HAMILTON
Dem hdl sac meg womb Vte lot 1t, 1Epne .iat u
The Whole, Ii could Oe Iutther. amcndcd and made
The question then taken on The substitute OF Mr.
Sherman ana " was Feected-Gc1s, .; Nays, 3.
Mr.. sCHUKZ GAb. Rep, MOI OF red the following "a
Si%Gs:''"'' '''' va ''' ''''
the m uEmla sHouu u ioar haalre millions Of tiied
notes TO take sIes measures IS wi" not M 70 prevent ~!
the country snd so from remaining IN
Easiers bat ne vii cause such additional ues OF
sid myfta distributed The eop. the
Wet and south SOD wen suy community TIE West or south esse'
% ample suppl bOds which Yer obtain
ssr National bsuA coHency Ana Tie oecfet Of me teSsu
fnrber directed that tie currency be not oePtecated by
rpanson bot ,a he sl'ae 10 volume nd strictly stable IN
r~lne or thst caupos Dc sccohPnsoe,,, ~ It.t
}udops the depreciation Of The currency that ire debtors
country relieved ~ as possible part Of theif buoeh'
while the cIeiois s9a not safer aeY os D1i tne e r @
that the debtors benefited shall not be those Hho BY ose
irsdiae and reckless pecssou Involved themselves In heavy so
Ne ara VINO DO" nre 70 gay ICES value tAn tnf owe I s
DE Treasury will that the sJonug and
the Of small ShcB the savings
bsEis National ana STATE ahk sn employers sOOO
deposits unpaid Go sad the Of such
debts them that TIE 100000 manned soldiers and
orphans who receive $50 900 pensions annually
value Of pensions through
probation ourrenSy And the Secretary Of the further
directed to inquire. on me Gr'' DAY Of each month.
of currency, between England and France snc the
Union citizen VI The United States his
discounted eonyenieny Low Fate oil interest," sh1 be Ends that
Treasury hereby authorized
a. MAZE further 70 zoe currency circulation capita
above fairly eq9Ersd and until every eien Of the
Of interest e,sresi of the Trealry
steadily additions the until every outeu
Of hs p4 stat, bs eoough and una country entirely
Of W public debt further necessity OF bofo"
abroad for ne construction Of railroads ana oth pnbh &
pyenen sI AL The istere now paid on such aeee MAJ DC .ep'
payments shou shoi to The business
vi The eoanify ,.,. -. 49,.
The CHAIR rulCN tndt INC suOstltulS was peAoro
The smendnepts made in Committee of the Whole
were then coucurrsd ia without a division.
Tue question being SbaI tne OH Oe reau thrd tne
and passed Mr CONKLt NG SAID that no money could
he ssfe and SOUND unless il be stable-uniess II be
rbapgeable into coin. Oar currency for u humber
OF years had been lnhrlh lor three reasons;
Tirsf n is not geable forA coin second II had
aver been subject TO the shifting Np Oi congress, ana
ma rfucy could ne Steadfast whi"h every year could
h. IiuIered by CONGRESSIONAL naoriI 81 L0uXressoaA