The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1878-02-16


vides tor the issue Of certAcstes for the bullion
30 Deposited such certificates to be paid In legal
tenders
Mr.. MORGAN said from the beginning he had been In
favor OF the bill II from the House OF Repre-
senSativsa He had submitted the amendment 10 the
spirit oil compromise. but II likely to pro-
duce any good he Withdrew It,
AMENDMENT BRcK.
The question then REQUIRED on the amendment Of
Mr.. Beck, submitted some days ago, directing the
Secretary OF the Treasury to purchase less than
$3,o0O,oO worth of silver bullion per month to be
coined dollars 1t further provides that whenever
the market price OF silver bullion Is such that 1t
cannot be purchased by the Secretary of the Treas
ury at less than par with legal tender notes. he shall
give public notice OF the fact, and then any citizen
OF the United States who IL the OF silver bull
Ion may deposit the same at any mint aud have It
coined for his benefit. The second section OF the
amendment provides that hereafter all halt dollars
quarter dollars ana ten cent pieces coined at the
mints OF the United States contain same relative
quantity OF pare and standard SILVER a. the dollar
thorizcc TO be coined by the act.
THE DISCRIMINATION ACT.
Mr.. BLAINE, (rep.) OF Me-, said he had received
probably twenty-five letters making inquiries Of him
In regard 10 point which had been magnined In This
debate to considerable Degree and that relative
che passage oil the act OF February IL. 1873 de-
bill had been read In the House OF Representatives
were addrsssed to him because at that time he hap
" % ns o hs
that the bill was read In the House. To be sure,
In regard 10 the matter be had examined the file OF
newspapers and no found IN tho regular reports of
tho proceedings In tho New York Tribune thai MI.
Hooper called up the voiumiDous bill 70 codity and
stituls which he asked the House 10 pass without
havngsit read. The proposition was voted down, and
an S,o rsS m the nS III.
ington papers Of that date 70 show that the bill
read, aud continuing HIS remarks, said the truth
that cared Tor the bill All were kreat deal
about tho bill to-day than they then. Let
all DO equally frank and BIO equally ignorant alike
Mr.. VooRHEEs--Was the Senator from Muine the
Speaker oil the House. equally ignorant with the
OF usY VIII the Senator share the ignorance equally
with usP
Mr. BLAINE-I don't mean ignorant as to its effect.
When the bill was passed there was no such thing AS
silver dollar. My friend from Indiana MR. voor-
hees) had not had ono 10 his pocket Tor years.
Mr.. VOORHEES, asked II he could call on his trend
from Maine tMr. Blame, as another witness who knew
nothing about the bill.
Mr.. BLAsE-I did not know anything about the
bill at ALL tLaughter.) would like to exchange
questions with my friend from Indiana whose duty II
was as member OF the House TO know about the
questions, and minc was 10 put questions. Did he
know any thing aboutNY
Mr. vooRHERs--I very frankly say did not
Mr.. THURMAN sad this was very curious catechism
between the Senators from Name aud indiana as 10
whether cit her knew about The bill demon zing silver
The truth was no human being knew OF II, because
the bill did not do II. Great laughter on the oor aud
IN the Ralieres. When the bill before the Senate
TX up the Mint laws, and no man IN the Senate had
the slightest that there was even squint In the
bill toward the decentralization OF silver
Mr.. BECK modified his amendment to provide
tor the coinage oil the silver dollar rapidly pos
s,Oe and 70 appropriate out Of any money IN the
Treasury not otherwise appropriated the necessary
amcunt to carry out the provisions OF the act.
The vote was then taken ON tho amendment as mod
THE FINANCE COMMITTEES AMENDMENT
On motion of NJ CHAgyRE the amendment of the
Finance Committee was amended bv inserting tho
Art q q atarv inf
the treasury shall purchase not less than 81
worth more than $4,000 900 worth oil silver
On motion OF Mr.. Ferry, of Michigan, the amend
ment further amended by inserting the words
that the bullion purchased shall be coined monthly
fast 30 purchased.
Mr. McDoNALD. ldem.) OF Ind, moved to amend the
amendment OF the committee SO as TO provide that
there shall pe coined not less than $36000000 per
annum. Rejected.
amendment Of tho committee tho words ''nor more
than 81. 900 900 worth per month";" being the maxi
mum amount OF bullion TO be purchased. Rejected
by u rising vole-Yeas, Is; nays. 30
several motions for recess and 70 adjourn were
AMENDMENT MR.. MORRILL,
Mr.. MORRILL,, lrep) Of w., submitted an amendment
rs folows:- ,f spi slas. 5.,.
Provided further the year after tho passage
second mot than ny csst Of any payment
Rejectsd-yeas. 81 NAYS, 46, as foliows:-
YsAs MessrA anthony, Bsrnum. Baysrd. Blaine. Burn
nas SSnans Mado Har k ks
Inns. Sargent. Wadeigh and Whyte-2l.
Of Of 1S WisesasS
psn Dorsey E
Grover Hereford Howe, Johnston Jones' Of forda Jones
Nancy %s%on ssan s Ssssy
FFm aes and Teller
When the name OF Mr.. Edmunds was called he said
he WIS pared on this bill with the Senator from Kan
bill pure and SIMPLE as 1t came from the House. aud
he (Mr Edmunds) did not know but what he was too
II we were 10 nave 1t at ALL
AMENDMENT BY MR.. WALLACE.
Mr.. WALLACE (dem:l OF Pa, subm tied the fol-
lowing Amendments 10 that oil tue Finance Uom-
10000 600 of oo shall be coin cd during
three from this date; ana il the monthly
months Snail DO less faa e7oh. Of da s te
Secretary the Treasury may suspend such coinage
further action oy Congress
The amendment was rejected by a rising vote Of
&c yeas u 40 nays
rHE YRKg COINAGE FEATURE
Tho question Was then taken tue amendment Of
the Finance Commute to strike out Of the House
bill the iroe coinage feature aud insert new clause
above noied and IL WAS agreed to by vote oil 40
yeas 10 ~ nays, as foliows:--
YEAS Mesr; Allison, Anthony Barnum. Baysrd Blaine,
S1 Of ss".s
Davis of IVES. Virgnia. Dawes, Dorsey, atom Edmunds
E ksrsa r E.~od La%sr a
pnesoa, Matthews. Msrr,mon Mtcisl Morrill, ugiesby,
sausbuy. Issr, wsdIeigh, Wallace. whyts wIndca,--
40
NAys-Messrs Armstrong, Bailey, Beck. CockrsL Coke
Conover. Davis OF Illinois Dennis, Eustis Garland,
Here Jones OF FOrida Jones Of Nevada McCreery
Maxey, Morgan. Saunders Spencer, Thurman Voorhees,
and Withers-22
EDMuSDs' AMENDMENT
Mr.. EDMUNDs, OF Vermont, submitted the following
amendment:-
But nothing in this section contained shall be construed
interfere with the coinbc gold subsidiary 81 yer
coins now auth ,rixed by law.
THIS amendment led TO lengthy discussion.
Mr.. SARGENT, OF California; in favoring the amend.
meut SAIL, unless IT should be adopted the coinage Of
gold would be stopped aud gold would DC driven IRON
the country.
Mr. JONES, lrcp.) OF Nov. (sosto voce)-I wish IL
would
Mr. SARGENT, resumng, SAID he would ike tho Sena-
tor to tell Gim why ne had such IA wish.
Mr. JONES, IN reply qrgued that the coinage system
OF this country was based upon the idea that the
Chez pest metal should be coined The people OF TINS
country would hold The legislators of this
day 10 strict account II they refused TO
give them tbe option to pay their debts
In silver. he Ind said he wished god would 10