New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1874-01-16
XLIIIp CONGRESS--1sr SESSION

crop PENN fro citizens in various parts OF tho
try asking for It'd appointment Of commission to in
vestigate tho manufacture and sale OF alcoholic
liquors. Referred TO the Finance Committee.
Nj. FENTON oh. Rep. ". " presented petition
which he said had been Forwarded to him by Miss Susan b.
Anthony President OF tho Womans Suffrage Astoca-
zion. asking for the right Of suffrage for women.
Similar petitions presented by Messrs SARGENT
Gaop. CALI. INGALLS, Rep. Kan), aud LOGAN Rep.,
ND Referred to the Committee on Privileges and Eec
tious.
Mr.. RAMSEY G2ep,. Mimi, from Tho Committee on
Iott ohtes ana fosl isolls repot'e" IVo'hY on me
tl,ooo per annum, aud the Committee vac discharged
Mr.. KELLEY Dem. Oregon introduced resolution
authorizing the secretary ct Var 10 ascertain the
expense incurred by the Territory OF Dakota IN tho
srDng ana equipment OF troops 10 suppress Indian hos
tiities In 1862. Agreed 10.
MT. SARGENT fep, CALI introduced q resolution
tnstructng the Committee Fmauoo 20 iuquiro into
the expedency OF allowing the return, free OF duty Of
been sent abroad filed With grain. Agreed 30.
MT MORRILL, Hsep- VII introduced resolution IN
ktructing the Committee POst-Oiccs Roads
Co inquire into the eXpedcncy OF continuing the mail
fourth OF The EXPENSES. Agreed to.
Mi wADLRIGH G}rp., y H. from tlc CornIn,ffoo on
Military Affairs, retorfed fayorably on too on FOR the
TN POST IogTE BIZ
The consideration OF the biz 10 establish post rontes
throughout the country was resumed.
Nj MORRILL, Csep., Ma,Uej again urged that tue sor
be Invested Of al the express and freight system
Mr. RAMSEY rep. Mimi said there were bat ri, or
seven States in the Union which paid the expenditures
by Posi- once Department Tor TRANSPORTING
mat in them aud he desired 20 say to the gentleman
from Maine mat ms not one OF them. ana 10
the gentleman from Vermont, that his state was not
one. yet the Department had not oeeh III inc haht OF
curtailiuc the service in thosc States
Mr. MOililLL dtep; NLl t'ld ihas ms state pad tor
which passed through the State for Canada made tho
He did not 20 attack the POstOhce Department
but wanted that department to have opportunity to
economic az vel as ths othef departments " the Gov
sI1o snUn1 no. h,, vs. co IA M, 40 ,oe on
ma To M, ST. bllsllg
Mr.. FENTON offered resolution. which was agreed
she United States last and the belief that the DIS
II usually introduced into tine country by aud
therefore directing the Supervising Surgeon OF the Ma
Hospital Service TO prepare brief history Of the
yellow lever eIIic9c OF 1873 as 1t prevailed at the
"details OF prevention and hygiene, and transmit
ths same e. the Senate.
the sFECIE RESUMPTION QUESTION.
Pending dseussIon on the Post Route bull The morn
ing hour expired the Senate resumed consideration
Of the reported by the Finance Committee.
Mr. MORTON dtep, lndJ reviewed the speech of
senator schurz made yesterday and said he coad not
that, IN order 10 bring our currency TO par must
resort some other means than contraction. He
opposed To the reduction IN price OF labor commod
lies II IT b. done II should DO done very gradually
would descend from Lake Erie 20 Lake Ontario over
Mt sCHURZ Gih. Iep. MOI rcpliod that the Senator
Wat mistaken. tic did not desire II ali 10 De douo al
Nj MORTON replied that he accepted the correction
az the gentleman The thoughtful sailor in gong
Lake ErictO Lake Ontario would by Of the Wei
land Canal locking down gradually; but the impuSive
one would 90 oyer NIAGARA and IT was so ia regard to
Mr. FENTON Qi6 Rep N " said that while he
s0ncurrcd in the views OF the gentleman from Missouri
Mr schurz) he did not desire 10 be understood adyo
eating "a rapid Withdrawal Of currency. IL should he
done gradually and time fixed 10, begin the resump
Mr.; MORTON said that the remedy presented by the
gentleman from NewYOrk (Nlr. FentOHD IKE that
offered 10y the gentleman from Missouri (Mr sehurzl-
contraction of the currency IL would 10 well Tor the
country TO understand now that the proposition
We return TO specie payment by the contraction of the
Wes ana ne believed of the So1ts T i% fh t h re
currency circulation too small BE argued that the
hardly a man in Eisland living i've uiIes franz
bank, and most OF them lived IN towns
ana ' d1 rnt s far vs o,,c PANS Ihe
in the country and there nothe necessity for so
great volume Of currenct England with her 81 100000
with her 100000 people had only SO0OOJ0O currency
He did not think currency redundant. IL had been
argued that mad built railroads too fast lie did
believe that Senator on this floor would say bis State
had one railroad TOO many. Probably sometimes they
bad been built IN advance Of settlements but they
always the pioneers OF civilization lie inquired of tine
mes IN Europe had made the greatest progress ID tue
Mr. sCHURz replied that he could not answer now
not having the statistics before hlui.
Mr MOTION said he had been informed that Austria,
Russia, Germany, and Italy had made such progress:
i,n,ted states Russia next germany nrXt And rhnu
Italy. During this period the currency of Austria
had been AT "A discount Of from 10 10 20 per
cent That Of Russia from 10 to % per cent, and
thai Of Italy ,omew nere from ) 20 per ceut.
rU desIte1 2 state again thal we Ieeent Panic IN our
The did not run DOWN ddrnf he panic bdt 90
abe contrary INCREASED III Value lie behind all this
rontracuon argument the old state banking system
looming up He hoped tue country would never return
that stem nor anything Ike H. He mad understood
thai friends the side of the chamber Che
with Uu two exceptions opposed the present
Maternal banking system. One OF tue Senators from
Missouri mir Bogl) few days ago said that ms State
wanted currency, While the other (Air Schuz)
Yesterday said that II had too much. Which OF these
gentlemen represent the people . He ventured 10 say
the former Mr Boeyl represented tue great majority
Mr. Morton, IN conclusion argued that the policy OF
contraction disastrous and TulnOus. He would
rather the currency increased small amount.
There smaller volume OF currency to-day, com
pared with the wealth and business OF the country than
business OF the country atthat time These things were
10 be whstled down and settled BY the visions OF
John Stuart MIL The system OF wages ana prices in
England would answer IN this country than
map on Europe would answer Tor d map oil North
America ., 49, - -. ,.,,.-
de vised that 10 think 10 would be unpatronc
jp 10 something and ne had therefore gwen
notice few days ago that he wound Introduce bill In
Accordance with such notice, he sent To the CleIks desk
and had read the bill. the title OF whichls:
hi % py. o the gradual Withdrawal eTcussD orre
- htopsl notes aud tbe
unjust restrictions upon OAhl % ue
AM TS s he Thought country doing
scafold, good way up from solid ground sustained
10y Repeal that statute and the business viii
He dd not propose TO disturb the volume
of the currency but steadily appreciate ITS value he
advocated the passage OF the Dill ana expressed the
OPINION that II would be the safest road to return TO
specie payment The Government should maintain
neutrality between those who demand more ana
those who demand less currency The country had not
money enough float Erie at par, Northern Pacific
200; bat he thought II had enough money TO effect
the of commodities The bill referred 10
The Committee on Finance.
Mr. sCHURZ SAID II had been suggested 10 himself by
the Senator Massachusetts Mr. Boutwell that
mad him injustice IN his speech yesterday. in say
trine that the Government bound only by own
pleasure IN redeemlng legal tender notes and might
10 do So lie had certainly no intention TO do Mr. Bout