Daily press and Dakotaian. [volume] (Yankton, Dakota Territory [S.D.]) 1875-1880, 1877-11-08
cosel.ss'oraI IRREGULARITIES.


@ Speaker kandall asys,h ,hs in.sad. 10 bring
70 the aass''tiea ofsAshsase The ..no,r and
eiecnmseancss under which Bl.nds silver
bill w. pessdi but hsss delayed doing 20
only from IL IL. II Bucknsr, xho..
name is intimsssly associated with the sub.
jscs, has not bssn IN. the houss4 sor tvo dsys;
Thsspsaksf further says .hss showsvsr !srro.
aeous the proceeding, and even II the house
should rsoonsidsr the subject che h.jori.y
Of the houss, in favor Of some such msaspr,
ID 70 large, that It's pas.ass is certain. Z. y
vAoAScIss CAUSED sYa 1oRzos,s, prAra.
Waahinston, Nor. s.-Ths -. sslsublianalal 1,
nssnesss su Of the senate held afbri.f ,casslsI
to-day. to provide for Rlling vacancies .is.
1he various coumi,tees riu,ed by ,bsdea.h
u Senator Morton. Messr.. d llAuiin, sarxent
and Allison. vel. appointed .. nis,ee to
report on the sahitc q. taiprs caucus.
sssArE FINANCIAL hill.
Washiagtoa Nov. g. .-Ixe 6nasctlF bllI.
ini.lnsaa bpA lfalaAs~s-,Is.dsy,
rovides thai, ,shas ny U. $. legal tender
aotes are returned u siss treasury, or shall
have been redeemed ia coin. under the
specie resumption ac. Of 1875, the, my IS
feissued from ti,ne to lime j. ths exiseucies
ofpublic service may requiie, q o.Herwiss
provide. The amount at any time outstand
log shall not exceed $4,000 O00
and the secretary Of the treasury shall not
make any reduction Of the authorized cur
rency BY retiring U. S. notes below that sum
The bill also requires the secretary, for The
purpose Of redeeming legal tender noses a.
prescribed BY Law, to acquire aud maintain .
reserve fund in coin, not less than 500, ,OOO,-
600, to be provided bv the Use Of sur
plus revenues for the sale of bonds. If
the coin reserve, be reduced to fifty
million the redemption Of Slegall. ten.
der notes shall be suspended till the
reserve fund is restored to hundred
million, but in that event the holder of
legal tenders may exchange them for United
States per cent. bonds in sum. not les
than $50. The notes thus redeemed shall
not be reissued or replaced by others until
the reserve fund is restored to 500 ,OOO, 900.
The bill also authorizes the secretary of the
treasury to receive in payment
of any bords which he
may sell under the refunding act Of 1870
the legal tender notes in lieu Of coin, but At
not less than the par value Of said bonds in
coin, less IN allowance not excssding one
half Of one per cent Of said bonds for ex-
penses, and he is required to uselegal tender
notes 20 received or such other notes Is may
Be Issued in lieu thereof, for the purchase of
any outstanding $40 bonds, At price not
exceeding their par value in coin.
WHAT STANLEY MATHEWS SAID
Washington. Nov. s-Seuator Stanley
Matthews says he hs, made no assertion
that the president will sign the silver bill.
He has merely expressed his individual
opinion that in the event Of the bili's pass.
age by the ieIate, tho president will up
prove il, and he adds that this expression
Of opinion was made BY him without any
Information derived from the president -
70 his intentions on this subject. and he
neither professed, nor wss in fact III state.
nent based npoh the PRESIDENT. auth oisty.
Il was based upon the assumption that the
bill would pass by % large majority that
the president would consider It such an ex
preston Of the public will o. he could not
properly disregard.
@x-. TIE ntvER BILL.
The senate nuancs committee this morn.
/ ing informally discussed the silver question,
but Rave not yet taken up a65 bills on the
subject for action.y N