The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-07-15
F0RTY-FOURTH CONGRESS.
DEBATE IN THE SENATE OYER THE
ISSUE OF SILVER COIN
showing Up the Evil Effects Of n DECEASED
Coin Various Amendments to the Appro-
prtuttOn BAL 90 The Tccumseh Wreck.

OnlO suOmltteu tne REPORT OF tue conference
committee on the joint resolution for the Issue
Of silver coin.
Mr.. Bogy Dem. MOI, a member of the con-
ference committee, said he concurred In the re-
port, although it did not accomplish the object
he desired, which was to IN AXE silver legal ten
der for any amount. lie argued that silver was
q coin recognized bv the law and the Constitu-
ton, and 1t should be used In paying the inter-
est on the public debt, but as a matter OF policy
he would not insist ON that. He concurred In
the conference report because the session
very far advanced, and he felt the necessity Of
providing subsidiary coin for the people.
Mr.. Jones Qtep., New said he found by the
report Of the committee that thew had agreed
upon a bill which, Instead of making silver
legal tender, decreased the bonded indebted
ness Of the country by providing for the issue Of
a currency not as good as the currency OF to
day. He argued that the issue OF a dcbased
subsidiary coin would not relieve the wants Of
the country. He believed the country would he
better on by having n fractional currency than
by issuing a base subsi iiary coin. II WIS the
Intention OF Congress to use our silver coin
simply as q token, 1t would be better to 90 on
with the fractional currency There were but
two classes Il PERSONS Interested IN what should
be the unit % value-tne debtor and the credit
tor. The man who owed nothing, ana the man
WHO had nothing owing to him did not care
anything ABOUT It. Was 1t just to make dollar
which would give bonus OF ID to 70 per cent TO
the creditor class2 The present temporary de-
preston Of silver must be OF short duration.
lie believed IT would ue TAR the best interest Of
the country TINT not dollar OF gold should cir
culate here until the country was out OF deot.
THE EFFECT or A DEBAsED SILVER CON-.
The issue Of debased silver coin would raise
the fifteen hundred million dollars county,
State and municipal Indebtedness OF the cOun-
try az least twenty per cent. 1t was not the
money lender who gave prosperity to the coun-
tfv, but IL was the thurOughgoiug, energetic
business man who was always In debt. III legis-
ltftn - La q nttnI
In the Interest of the masses. lie entered his
protest against so framing reports OF conference
committees that IA fMr vote OF the senate should
not be had upon this most impOrtant PROPOSE
tion OF deb sed silver coin. He would like 10
have tad a vote 50 that the peOple I THIS coun-
tty would know wnu was la favor of imitation
and he meant the worst Kind Of inf uiOn-the
inil'uon OF debts aud contraction OF the
price II property. lie argued that green
backs had RISEN so hgn That they would
bay enough SILVER to resume specie y yment 10
silver. lue present opportunity .hould not he
| lost. he senate was about to iufict great in
| justice upon a Tree people, and ne warned sena-
| tors that tner votes on thi- subject would be
| scrutiniZed with more severity six months
hence tnan their votes ON any previous question.
| He referIed to the great care bestowed ON the
| New England nsner1os W Congress, aud i'd
those fisheries re in>gnnc, nt com pared with
the Pacific coast mines yet the senate proposed
to destroy these mines by adverse legislation.
| II Congress failed to restore the silver dollar
the mines ot the Pacific coast would be closed,
| and To tue already existing distress OF the
| East would be added that OF the r
| West. Everything In our country was pro-
| tected Df ls laws except the precious
metals. Goldfish, DoIkins, shoestrinss. we're all
| projected nut not the precious metals. Inc
trade OF Alaska was living at our doors, and
instead OF opening them to 1t, u vas proposed
| to double lock aud bolt tneu. He hOpen this
Senate would not make the people OF the far
West think their interests were not care for by
| LEGISLATORS east of the Rocky Mountains.
Mr. sherman rep, OhiO) said he would pur-
posely iorego making any remarks, because he
did not wish to delay the lmpe acnment trial
| The question Of the dollar was postponed Dy
the report Of the conference committee TO the
| g4nlN ~
| coin.
| The report was then agreed to.
the RIVER AND HARDoR BILL.
The senate then resumed the consideration
| Of the River md Harbor APPROPRIATION oil, and
amendments reported by tue Committee on APP
| populations were agreed to as follows;
ne fr%obseo ae Ser Mans ' rom H ,s 70
for The Chccico liver II. from tI5OOo TO sit,o 90
w. iS5 ~ to dS OF Tue n''O'' oil
Increasing IA APPROPRIATION for the improyement Of
the hs Dor at Burllugon, Vt. from 10000 10 t250oo
fcr Tie ~. 81 n,e,s ~ fo ,n e4y 1eSr
mcnl Il James river Va, from ,uoo10 20 $1,000 aai
| $4,000 o s2OO,OOO.
| The committee proposed an amendment TO
| strike gu the approoriation OF so'OOV Tor the
| 90 motion " Mr.. Hauln IL WIS rejected.
| Amendment. to strike out the appropri 'uon OF
f5,VVQ for the construction OF an haroor al
| Cnrsler Pa, AMI tlO,O01 for the Improvement
OF the Pas -alc river y. j., were also rejected.
The amendment TO strIke OUT the appropria-
| river. NJ ryl nd, was rejected.
| Mr. Norw oOd (Ga.) moved that the Senate nom
| concur in all the amendments OF tue committee
proposing to strike out PROVISIONS IN the House
| bill, out Iterward withdrew II.
MORE AMENDMENTS REJECTED.
The Senate then non-concuTed in various
amendments Of the CQmmittee on Approprla-
tious - strike out provisions in the House oil
AppfCorialps So 900 for the improvement, OF Deco
outu river Va. IS 900 Aqua creek. Va 81 OqO
fr Nomoni creek VI and 81 6OO for Ac1otins creek,
SS i0S tFcp Boa Tor Tsaft SpG Is sS 9S 800
los HaSa-see nyer, $4,000 Tor foscii RIVER ani
f 9S p sS' ,i5oSo eyre rS 'IS T
tsvaIlo INIT, and $1,000 Tor Arkansas PISS, 7 IA.
cresS~aser At Niim1 s,on ca 500 ior the haroor
sy. l 6stws soaq' e Gay ANA S S J , S
the imp ovelnent OF he aroor At Brid- pot, Conn
Men. 81 900 foy ne npfoyeneR, 81 the harbor e
io kos s II, ere . iST i.S Gun
oeriand ana Rock Castle rivers asove NASHVILLE Tenn
be- Seeu Macon nd the scaOosrd Ga, 5000 Tor Por
pren ca s Sq iSr me oo f1
ne warror ana Eek rysrs Aa $1,000 ioT ~,
M Ala 5000 ior lac Apaschc sIiyer Fla siOoo'
Tor the lnproyement 4 tue Frencn Broad nyer lean
tlIpuu tnT the Missouri RIVER, 1T point where n 4
Gu ing INTO tne sns's shore above 81 Joseph for m
GSSa 81 " e me %ieomc SGiS Ser MAJ $500 10
The BIG sanl1 ryer, Ky 5000 for tns Aasaoir river
|
impr yement ~ the haroor II Ashtabu OAoi $500
Tor he mpro,ement OF the hsrOor At Port Gun ON
| ONO 5000 for the Improvement OF tarport hnr or
ONO t7ooO tor the Improvement OF tale hafnor a
| NVrWalki Conn.,
AMENDMENTS AGREED TO.
| other amendments proposed by the Commit
tee on Appropriations were agreed to, as fol
| lows:
Appropriatlng 1880 for the removal Of the Beaye
an Major Bend rDckA, Hud clearing ont snlge of IN
Little KanaNha river Nest Virginia. increasing II
appro1Uat for the Improvement OF the Chatt ihoC
C0ee and Flint rivers, Georgia, from cocoon to 40
900; increasing the amount for the OuAcutt rlvyi
Arhan.a. and LOueiaui, from $1,000 TO flAoln tia
Tor Cedar KeyH orita, from $1,000 TO t3nOloi 10
bia rivers. ON + rtand, oregon, TO the sea, frot
$4,000 ~ $4,000 for the Improvement 81 IL
upper willamette river, oregon, from $4,000 Z
10000; tor thu improvement OF me scnuYlkl
RIVER, Pennsylvania, from $4,000 10 tSSNOOi tuf IN
mproyelnent Of the harlOr and river al 81 JOSEPH
Nil H., from tl2OOO G. $4,000 reducing the Gmpun
Tor the improvement OF the rbOr at Port Washington
alton tor the improvement t VI the mar o. al Os"'R
Y from 10000 10 tOO0O0j that Tor the improvement
of the ud liver from 10000 TO fGd0uli rrduc u
The amount for the improv, mett Of tie ia2lO rive
Nls-l..ppl nom 1900 To- tl5uNOi trlNinR ont a.
~ $1,000 TOR Mackcy's Ferry y. G.; II
crtasng the amOun for the Improvement Of the MAJ
Dor At Nori0ia, Va, from $4,000 10 tm61hi al
SCUM rveT above the mouth Of tho Yellowstone
increasing tao appropriation Tor the mprulemrn nj
the Sa nav river tuclluiny saginaw harn0r McAlg u
from al 600 o fgbNOu; tnat for the improvement &
The hardur at Milwaukee WIS, from teNuOo to $50, NO
reducing the appropriation or the Improvement 90 Il