The daily gazette., 1877-11-09
MR.. wELsH's coNFIRMATIoN-THE NEy
ln YORK APPOINTMENTS.
THE s1LvER BfEL9 BEFORE THE SENATE
isT ,rNANp e looMnIrrnEa-rHs SILVER

THE SILVER BILL BEFORE THE SENATE
~ ,rNANp e 1cosdnIrrnEl-THE SILVER
: iBILHn tpAA AB1sssa9Ns Sd &Ns sNois oR
10 WAsHINeTeN,t Nov, ,S,-The Senate f.,
nance Committee at its meeting today
discussed the SHoiiSe Silver bilI0 Tha dis
cussion showed that but two of the re-
publican members Of the committee,
NJ essrs. Morrll and Dawes, are opposed
to the bill. Messfs Bayar and X erhaf1f, \
two Of the three ldAm0 0cratie members, Of
the ,committee, were decided in their OPP
positionto the bin as it. at present standsS
sth99gh sSay With Msssrs 2aEes spd
the passage of a silver bin containing
proper provisions.
Senator Wallace, Of Pennsyl lvanias the,
remaining democratic member of the,
committee, wAslin favor of the hi as 1t
stands, and also in favor of its speedy re-
port to the Senate. Senator Wallace
said that, tWoSthirds of the people of
Pennsylvania without regard to party are
clamorous for just such. q bill The fact
also that it passed the House by such an
overwhelming majority Ii AN additional
reason why the, Senate fifcancial com
mittee should not undertake to amend it,
but should report it for the action of the
Senate, when that body will be at liberty
to amend if it is so disposed. AS sSenator
Wallace can by going With the four re-
Ipnbli6an Nom bers ofthe committee who
favor the bill make b may JefitvNt report
Dity the belief of many OF those who want
the bill passed is rthstit win be reported
back just as it came from The House. h
But Senator Bayard and other mems
bers who oppose the bill are anxious
that it shall be reported back with,
amendme entse and they ewil make "a
strong light In the committee on: this
point. SI6is NOT improbable,s therefore,
that the expectation which is entertain
ed in some quarters that the bill will be
reported back next week is doomed to
disappointment. Mr.. Bayard called spec
ial attention to the provision providing
for the free coinage of-silFer- bullion. As
MIR. Bayard showed, at the present mar
ket rates the holder of SILVER bullion
who takes 1t TO the mint and has it eoin-J
ed free of expense to him receives one
dollar for that which is only worth nine
|ty.two cents. : TT F.tAfa E.y r = E
Mr.. Bayard held that If anything is to-
be made the government should receive
the benefit of 1t, and itherefare IL silver
is TO be made the currency Of the coun-,
try let the government buy the bullion
as needed from time to time and pay the
market rates forit. If the creditor is to
be cheated out of eight cents on the dol
lar let the government profit by the dis
honest transact,on and pot the bullion
OWNER. IL silver 2is coined at the rate
Of twenty million dollars per annum ons
AZ the silver mine owners Of Nevada and
Utah will clear VI 600, 900 at the present
mar kets price. II an amen dtnent of the
nature indicated by Mr.. Bayard is not
earried in the committee it will be offer
ed and vigorously advocatedin the Sem
| ate. A number of other amendments
will also be offered. En- nticipation of
the debate which the bill will provoke
IN the Senate q number. of Senators
We're around the libraries to~day cons
sulting and studying up authorities. hei'
2i2 He ARMY ELL.
The House Cto-day tfor the fest time
since the meeting Of Cong ress took up the
business for which it was called together,
the army appropriation bill The debate
showed that q great many democrats are
determined to insist upon reduction of
the army, although number of leading
members pfthat side do not agree with
their colFeaguess The whole Texas adelega-
tion is also bitterly opposed to any reduc-
ton onsscconntof the Mexican border trou-
tbles. Mr.. Blackburn and several other
members will press ysmeadmepts Providing
tor a reduction. All Che members Of the APP
pTopriation committee who spoke to-day
deprecated the agitation of the question Of
theireduction OF the army at this time, and
thought 1t should be postponed to the regu-
lar session. 1t came out in the deqat
to- day that the actual strength ofthe army
ON November1 4 was not more than 20 200
s-