Evening star. [volume] (Washington, D.C.) 1854-1972, 1876-06-28
FORTY-FOURTH CONGRESS.
wFpyEspAY. June O.

SENATE.-Mr. Morton, from the Com
mittee on Privileges and Elections, sub
mitted q report on the matter OF the Con-
gressional Printer, with q resolution that
the COMMITTEES on Printing be directed TO II.
yestigste the Official conduct OF A NJ. Clapp,
Adopted.
the Senate went into executive session.
After an executive session OF twenty min
utes the doors were opened and the Senate
resumed consideration OF
TIE HOUSE SILVER BILL.
Mr.. Morton said that for the past few years
the Senate bad heard much about a uniform
currency, standard OF value; but the Oill
proposed multiform currency with two
standards OF value. The enormous increase
OF production had largely increased the
supply and deprecated the value OF sill
yer, which it could not regain. It's value
had been demonetiZed. England aud Ger
many ana other nations might follow,
The proposition OF the bill was 10 food the
country with coin that was worth but IS
cents on a dollar a legal tender for any sum
under twenty dollars, including dues 10 the
government. A majority OF the business
transactions OF the country were under 500
A man could pay his debts 70 the govern
ment in this coin, and when the government
came TO pay It's debts IL must pay in coin
worth hundred cents on the dollar. IL
would not do, he said. 10 have one curren CT
for the poor, and another for the rich. The
poorer currency was for the poor and the
richer for the rich. The proposition lookei
TO him like an abandonment of the idea OF
ever redeemtng the greenbacKs in gold coin.
The rag baby was plump, healthy baby,
and IL was now proposed to substitute for ii
the silver baby, a little fellow that could do
no harm because IL was SO small.
HOUSE OF REPRESENTATIVE
Mr.. Atkins (Tenn.), from the Committee on
Appropriations, reported back the army
appropriation bill, and moved none concur
renee In the Senate amendments, aud the
appointment OF committee OF conference.
An effort was made 10 have the amend
ments considered In Committee OF the
Whole, but ii was opposed on the ground
that too much time would be wasted. 1t was
finally sent 10 conference, and Messrs.
Atkins (Tenn.) Randall PA and Hurlbut
(Ill.) were appointed the conferees on the
part OF the House.
Mr.. Payne IOhio), from the Com mittee on
Banking and Currency, reported back the
Of silver, and moved a concurrence in the
amendments.
Mr.. Payne explained the bill.
Mr.. Randall said that this bill was In the
direction OF contraction, and IL was there
fore acceptable to the hard money men. II
did not provide for q sufficient amou Mt OF
subsidiary silver coin, aud therefore the bill
was defective. The business of the country
required at least fifty million OF subsidiary
coin, and enhancement VIII come unless
more is provided for.
Mr.. kasson said the twenty million bill
was now in the Sebate, but they would not
pass IL. and this bill for the issue of ten mill
lions was matter OF immediate necessity.
The other question could be attended TO
afterwards.
The first Amendment OF the Senate was To
strike out the word snow" In the FIRST sec
ton so as 10 allow the issue OF coin in the
Treasury and not TO limit IL 10 what is
snow" In the Treasury.
Mr.. Randall resisted this, and wanted 10
move to reconsider the main question, so as
TO test the sense OF the House on the cues ton
OF the issue OF a larger amount.
MI Kasson said the Committee had passed
upon both OF Mr.. Randall's bills, but because
they did not report them all In one he wal
try ing to defeat this one,
On agreeing TO the amendment the yeas
and nays were ordered.
The amendment was rejectsd-yeas s.
rays 9S.
|. The next amendment was the one decla.-
Ing that the trade dollar should not be a
legal tender and limiting its issue TO the
nc eds OF business. This was rejected on q
count, but as no quorum had voted, the
yeas and nays were demanded and the
amendment was then rejected-yeas GO
nays les
Mr.. Randall then moved to recons ider tn,
last vote, and said he would then move L
concur with an amendment, putting on a,
additional section his bill providing for ths
issue OF an additional twenty million OF sub
sidiary coin, 70 be carried from bullion 10 bt
purchased 10 open market.
The motion TO reconsider prevailed.