The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-06-29
CONGRESS- ON SILVER COIN.
.rprs 70 PR0VTDE SMALL
rutNGE FOR THE PEOPLE.
,...s.it,on to Make Eiehty.Hve Cents
-, far Dotinr-I ucrc nsing the Amount
n, silver Coin by Twenty Million Dollars
,..tJcring tho GENEVA Award Bill.

raan, rnr n Dotiar-Incrcnsing the Amount
or silver Coin by Twenty Million DnlIhrS
considering the Geneva Award bii.
WAsutSaToN, June 2s.-Mr. Harvey
Rep, Kan.) presented numerous petitions OF
.,1ens Of various states, praying for the
acknowledgement of God ana Christianity III
,he Constitution OF the United states.
Mr. Morton 0tcp.. fnd.h from the Committee
m Privileges and Elections reported back the
r,emor,al Of A. NJ. Clnpp Congressional Printer,
with a written report on the subject, and reso-
btion tnstructing the Committee on Printing TO
INV, stigate the official conduct Of Mr. C'pp,
and giving said Committee powers to send for
n.rsona and papers. Laid over until tomorrow.
Mr. Paterson diep.. $. CO sumbiucd resolu-
lion to print 10000 copies OF the report OF the
r.mmi. sloncr OF Education for the year 1870.
Referred.
rho House bill providing for the sale of the
Kansas Iudi IN lands In Kansas to actual Settlers
mi Tor the disposition OF the proceeds OF the
tae, was passed.
THE SILVER BILL.
Tho Senate then resumed consideration OF the
House bill fot the issue II coin md the suusti-
tute thereof a. proposed ny the senate COM
Mr. Morton tHep.. Ind) opposed the second
section Of the substil ute authorizing the Secre-
trv - tho Treasury 70 issue SILVER "a cxch nge
for United States notes, which snail ue r. tired
and cancelled and not be again replaced by
otnor notes. the notes so redeemed 70 he
held ~ part of the suklne Fund, Ac.
Hes Id II the committee would consent TO the
eifikiug out OF that section. he had no tufther
objection 10 tie bill. ne argued that .ivsi had
lost rs value compared WITH twenty. thtrtV. or
forty wears ago, aud nothing int ton-ress
could do would restore ii. silver collar TO-
made legal tenccr. If the Committcc on
Tinanco would agree to pat dollars worth OF
silver ~ the silver dollar. he would vote 10 make
II icgd tender Tor any amount. he whole
proposition was that man could pay his denis
To the Govefnmcn. IN coin wortn but ~ cents
on the dollar, while tnv Govern hent pays US
d hts 10 cola worth leo cents on dollar. The
bill Hooked to hin Ike uroposiunn t. abandon
the redemption Of tue rreenback in gold CON
WORTH 100 cents on "a dollar.
SENATOR JONES' AMENDMENTS
Senator Jones rep. Nev) gave notice OF two
amendments he proposed OFFER. a follOws;
Strike out OF the tuteitutc reported by the Fnlucc
Committee The claus uaaiug the sivtr 90 iur gal
tcuUer for any amount not exceeding 40 except Tor
and isSert IN hcl II re the following AID TIC sad
dollar herein authorized IA II be regal tender at us
tome duties aud Tor Gebs aud oSii cations which by
ANA as an additional section the following; THAT
any TTafr OK , fsSne ppS" mn arSs nto e a.
lars, such provided for IN thus act INTO bars,
tie actual cost therefor as may be c imputed ., .
nres.or Of toe Mint and approved by the Secretary OF
Mr. Jnnes then replied at Length To the argu-
mcuts OF sicssrs Booth. Morfil (Nt). and others.
ana spoke In favor OF the double standard Of ID
were not over ten silver mines now paying a
pront, aud the total prnduct Of SILVER IA the
world nov was less than II was three years ago.
He reheved in tue necess't, and adVMtaRe OF
u>trg Doth the metals, silver and gold, as money
He did not propose nv benefit Tor himself or
any class "f SILVER miners. lie tnen alluded tn
the attacks upon nm 81 being Interested m
silver mines, aud troposine LEGISLATION TO IA
Vance his own iuteres.s. ana said the silNel
mines Of Nevada yielued almost ~ nucn Gid
a. silver. HIS own pccuui.rN interest was I'M
mines winch yielu. Il more gold than silver Zoe
/
late for his own advancement committed
crime so base thAt open treason was honorable
10 IL.
Nr. Morrill, diep., " said he was In favor Of
such legislation as Will promote the interests II
this country, not only for to day, but for a nun
dred We rs hence. tie VAS not IN favor Of any
bill wnicn would be OF "A local character. lna
proposition TO pay tue national deot In silver
was one looking To repudiation. and tho nation
would disgrace itseIi uy assuming that 1t had
the Iignt to pay It's debts IN silver.
THE DEMAND FOR SMALL CHANGE.
Mr.. Sherman said no was more treu Of this
tilver bili Than any measure which ever came
before the senate, ana ne again desired 10 call
the attention Of the Senate 10 the bili. and to
tine many propositions outside Of ". wntcn had
been discussed. ne law IS IL now stood prom
ised To reueem all fr.ctionh currency IN siivc
coin, Dat tue silver could nuly ne issued Tor ir'c
tiuhal currency. He spoke Of the gre 4 deman,
for sm II Gu nge, and sad $lOOVhOIO ~ sinai
silver coin would be issued i'umedldtelY upui
the u sage Of tnis TN. "a there was a dem. n,
for that mount. 1t requir, $sO-OO0,UOO al ieas
IN small change 10 90 tue business II the cOun
Try. Waite = 10 " he only stand rd Of value
certain amount ot silver coin was ne ces- arv e
carry on tle ordin ~ business Of hf mis- Con
gre could not adjourn without providing suni'
SUBSTITUTE for the n. ctiond currency, anu sninl
means for paying out inc silver coin. lie tucI
spoke %! the lrst section OF t"e ull. ana Ia h'
siw no lection ca axe the silvt lar leg.l
lender iof M amount ul 81 cxcest iur custOn
Ga l,s aud in.er.st N 100 puuie DEBT.
MI. Edmunds (kep, Vi argued AGAINST max
Inc svri a legd tenDcr to the amount oi $50
hnd a-Ned what right Congftss had 10 say TO tu'
people th.t they snoulu take "A cert in mum Oe
II e
Der Of erdius OF Rolu when they did not repre-
set III nun he, OF s . 81 Goid: 90 l..
greeuD cks a legal tender.
Mr.. Edmuuds-- hat Il one OF the things n,
feio~ can hnd o.t, except. as the SuOreu'
Court mas SAID IN state or extreme pubic
peril ana under the war powers OF the Govern
nIent We eau uO most Dything.
SILVER AS LEGAL TENDER.
Mr.. Logan argued in favor Of nasing silver
legal tender. snd said Ia tuis country sc weu
great producers Of silver. therefore the argu
meut 81 tue Senator from Vermont (Mr. morrill,
sirncK MIN as oeing against GU. own interes' 5
silver was the Ino.ey Of the Constitution Jus
as mach IS gold. lie favored the dill reported
BY the Comm tee on Finance and argued that /
VS. for the int, rest of tue whole country. tn
silver 10 tine treasury aud ali coined and al
tn can be coined ~ demanded by the peop
OF the country ami mas been for months.
Tending discussion. Mr.. S4rRent. from Thu
Committee ON Apuropri itions, moved tndt TIT
feudts insist on Is mendtnents 10 the ARM
ApprOpriatiun biil, and agree to the confsieuc,
a-ked Tor by the House OF Represent .tIves
Agreed TO; and the Chair appointed Messrs
Ainsou, Logan, and Thurman members Of th'
cOmuitt on tue part u ne Senate.
Inc consideration e the OIL for the issue o
con Wa then resumed. Inc pending question
bong on the amendment OF Mr.. ,gy I" strik'
out he words. MOI exceeding So so a. 1,
H. he the silver dollar a legal leader FOR N
bmnuut Except for y VI ent Of customs duties
hu0 ilterrst on the uuulic deht.
he yeas aud nays we're called for, which re
suited Yeas, 10; nays, IA no quorum ana III,
Feua,c AZ hyu O'Clock adjourned.