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

third II is nfrm, because 10 Is arbitrary
being fixed by Congress- For this bill he coud not vote
because II declared departure from the principles OF
honesty and soveucy II proposed TO put out ana Keep
the whole S4000000 reserve. IL proposed 10 pau
out aud keep out irredeemdble bank paper Ten
pOrary relief might from IT, Dut ~ would oniV
smooth the way TO disaster and distress hereafter Such
policy spurned the experience of every epoch OF ma
tory, tramped upon and violated tie fth OF the na0n
Every department Of the Government was pledged TO
redeem this paper besides the declarations of the Ma
most of the Senators upon this floor well the Chief
Magistrate OF the nation, Who was also pledged against
Mr. STEWART Glep. Nev.) said the passage OF this
bill step the drccion, and great disaster
would be follow TIE losses To tne commerce and
business OF the country w9Iu DC lnleSe' anu tnl'
thought tns the saddest vote he had seen IN the
Senate, and II promised great evil.
Mr.. FkLLiNGHUYSEN moved TO adjourn. Lost by
MI ANTHONY Gsep r. II said that in a time of pro-
fOuud peace. with AL the clements OF prosp 'gy and
abundance and with money plentiful, the Senate was
ABOUT 10 aad largely TO me napcr CURRENCY OF the
measure looking to redemption He thought sucn action
contrary TO ali experience aud all laws OF ponucal
economy aud would enter his protest against by ms
Mr.. THURMAN said that after four months delibera-
ton. the dominant party in this Senate I'D disregard OF
the recommendations OF the Chei Magistrate Ia dsre-
gard OF the recommendation OF the Secretary OF the
Treasury, and in utter contempt OF the experienced
Finance Committee, had adopted "A measure prOpOscu
Dy one of the minority Tht great Republican Parry
hau adopted the measure of Democrat. IL (hr. Thur
MANI could take no credit IN thls TRIUMPH whlch ms
Democratic friend from North Carolina (dr M.lrlinoW
had achieved. After all their discussion, IL WAS re-
served for tine pine woods OF North Carolina 10 sndpe
the financial destiuies of tins country. H. (nr Ihnf
mani believed would dsbAud the Republican pdrl.,
though he could the u Wblch he p.ioh2ci
very soiId this question. tLIushter.l Inc ac
ton OF the senate to-day simply meant thdt no ma Va
his would ever again IN TINS country Tue h5ey
referred To ny fOIel,hers and trainers OF our Con
stitutIOn. 80, -,,
Mr.. SARGENT said the passage of the bll trampltn
down every nope the people, nut he retd upon ah
department Of the Government 10 SCI flght thS
wrong which uId been done ThiS Administration
had elected upon pledge contrary TO TINS Dll ne
(dr SARGENT believed there were men enough IN thc
East ana West 10 see any party PERISH or Tue
leader OF any party perish. attempted 10 HOOD the
| country with irredeeInaDle paper currency.
Mr.. sCHCkX said he felt Inundated as an American
citizen at the action OF today. Gententn VINO IaNo.eu
the bill might think themselves behefited,but tie day
was not lar distant when they would curse the hOur
they gave such vote The day was not idF on whoh
the people would their senses and save the
from these stdtesmen VINO You'd lcdu inc oouh
| Try 70 rum. 1900. -
! Nr. CARPENTER (Rep., Wis., said he only arose to
say tuaJ those upon ms side mad agreed among them
selves ain silent, III order thaf tDere lhEt oe
vote They mad resolved 70 say nothing, ana Whth st
ten upon one check, 10 turn tue other. 800 $50,
NJ. FLANAGAN (RCp., Tex hOped the blll would DC
vetoed, aud said ACTON the part OF the trcsl
/ dent would Ouly add TO his great fame "a.
Mr.. MORTON said there would be an opportunity 70
reply 70 these most extraordinary speeches. ana hc
would avail himself OF IT, bat for the present lie Houu
| fUTbcdr.
The title OF the bill was amended az TO read-"A
bill 10 jx the amount United States notes ana the
circulation of National banks aud for other purposes
The bill then read = third time, aud passed Nv
Yeas % to Nays o. follows IRo pubcanS III roman
Democrats in italics ana Liberal RapuDlicans in sm"
| e.-.it..