New-York tribune., 1878-02-15
XLVth CONGRESS---IJd SESSION.

| SILVER DOLLAR--MR BLAINE OFFERS A suBsTI-
TurE FOR THE BTLL-THE HOUSE TALKS poLrTIcs
AND FINANCE.
SENATE. WASHINGTON, Feb. ii. 1873.
In the Senate to-day, the ce-President laid
before the Senate reports in regard to the Of the
United States steamer Huron.
Mr.. wTTHER5 Dem, va.) presented resolutions
adopted at public meeting OF the farmers Of Louisa
County Va, urging prompt action on the proposition
to reduce the tax tobacco.
important that action should be had promptly He
prejudicial to the Interests Of the Government
banks and banking Institutions OF the city q New:Yorf
demonstrating AGAINST the passage q the Bland Silver
did with pleasure as the paper expressed the views Of
men who perhaps moro than any other class OF men in
the country were charge with the care OF the properly
OF great body OF citizens OF the United States and they
made the repTesentaons contained ~ the memorial
Mr. CoNKLING (Rep., N. " presented twentyfour
tion silver and the repeal Of the Specie Rcsump
| ton Act
rial Of the Mayor and CITY Council OF Elizabeth n j.
in regard TO the Improvement OF the Elizabeth River
b. f. Wright, Of Rome, n Y N favor Of an early re-
sumption of specie payments and making certain sug
Bills introduced aud referred as follows:
| By Mr.. WALLACE Dem, Penn.l-In relation to the
by Mr. JOHNSTON Dem., va.l--To extend the time
in wnich payments may be made Of n lees In cases OF
by Mr SAUNDERS rep. Nebl-To provide a temp
| orary government for the Territory OF Lincoln.
! BY Mr. GROVER (Dem., orr 10y requestl-Authoriz-
lug the survey of water route from the Atlantic TO the
Pacific via the Upper Mississippi and the Columbia
BY Mr. DORSEY 1Rep. Arh)-To organize the Terri
Mr. v0ORHEE5 (Dem., Ind) submitted the followiDg
Res9lrd ~ s Seaet That The Committee on judiciary m be
whether o rot S railroad cagaae,s rsierra
ysy G I July nj ~ nds nHs 10 the a Of Kansas 10 I'D tie
|
extension Red River An act srantng, land;
southern branch Q, the Union Paeae RaSs and Is
m acr arnF iah to aid in the CONSTITUTION Of rs
road and TELEGRAPH ns IRON % 9e Iaes s q hon Of % aI & A
preeaed upon the conditional iangaDs OF me LANDS o. INC
under sad act. it be asceraned tlat such bonds have
been shall be the duy Of SAID committee to as
certain whose possession the bonds are anu or "a' our
pose pe,,,a r,r That ,aa committee in the discharge o,
its duties Aforesaid authorized to cali Tor persons and
papers and whenecesssry 70 compel te aesahS % ~ o. T
vestgaons this body during the present session OF Con-
Lgd over. at the suggestion of Mr.. INGALLS, Rep,
Mr.. MORRnL Rep., w called up the House jont
res0lution declaring that reduction OF the tax on dis
''iiTI Rrf remarks were made by Mr. Matthews Rep.
OhioJ Mr. McCreery lDem ,KyJ, and Mr. Bayard tDen,
Tie resolution was then read third time and passed.
| Yeas, 40; nays, .. r., =, ,,.., pouo.
Dennis Dennis tDe@, Mdi McCreery dem, Ky.,, Merrimon
j. Jjgm and r Ransom MS; 1'GI SDe%. \. q ~
ANTaoSY REP y ol submitted ss sond,e rss0O5G1 wdn1
proceed to consideration of bills on the calendar no;
objected to- and that each Senator desiring to- be allowed
- Mr' w. sAUIsBGRY objected.
Mr. ANTHONY sad Il was just the stage Of the season
10 pass such resolution. should be allowed to remain
until the end OF the session. the calendar would have no
errneq The resolution 8. Int was laid aside.
MIR HAMLIN tRep. Me) submitted resolution re.
with the public Interests, transmit to the senate any
correspondence between our Government ana tnat o,
China relating to the Ward claims and the claims OF
Charles E. HILL for the charter OF the steamer AearJ
NSif'' Mf. FERRY Rer. MIch) called up tae Sen
ate bill TO regulate the compensation OF post
masters being that reported pSs from VII. the ,rsH6 o9%
M nds on the 5th inst. Mr. Ferry explained the bill
Pending the discussion the morning hour expired and
SENATOR JONES on SILVER.
| A PERSONAL ExPLANAuoN-Nor INTERESTED IN ANY
PAYING MINE.
The Senate then resumed consideration Of the silver
Bill Mr.. JONES Rep., New took the floor in support
OF the bill. In concluding hc said
Mr. President, IN the remarks which have had the
honor of submitting day have eudeavored 10 dem
onstrate thai silver has not depreciaed In value since
s demonetization that the general reference TO the
silver dollar proposed in this bill dishouorng me-
dium Of payment and as deprecated coin, shoWss
strange n.sapprehensin OF the facts. or sinister per-
version OF The truth Before taking seat, however
the forbesranee OF the Senate while make brel az
uson matters personal 10 me- and OF special teres'
have not been unobservant or the efforts 70 create
general public Impression that IN adyoeaiing the rehaO
itatiou Of silver I aa controlled by 9nwoTthy ana
deayor disparage my action by the repetition OF the
statement that am one OF the owners OF hose frnit
that my personal gains would be directly and
immensely enhanced by dceod tce Gu ae snecidc
Seny SpS never ye' had any considerable interest in
the bonanza mines, and the little interest dli
/ have not had connection with productive silver
mines since the silver question was agated other TEAM
/ IL .wfpnf I'm
Francisco by my business agent my account SO incon
siderable that did not keep Informed OF them IS wei
knowledge of my affairs. do own stock In one OF the
very large number OF nonpaying mines on the CODtok
lode This mine be productive than three
years ago. vast amount OF money mas been pall py us
stockholders 10 carry on the extensive cApIor..
tions continuously made since tnat tune. That
it ever will again become a productive mlle
matter OF only distant hope have no investment IN
productive silver mines. aud nay investment III nonpEo
ductiye silver N mes are much less extensive than ~
mines which produce gold exclusively. Each and every
statement TO the contrary declare here in this presence
TO be utterly and Gnqualihediy nntrle advocate ne
dency demand and because even If II does not re-
store fu measure ot @ psyerty WHICH threaten
TO oycrwhelm the country. ,
or the four gentlemen composing what Is known rs
the Bonanza frm believe, although Ihave no authority
for stating that the two who have personally devoted
all The wears their manhood 10 gold and silver mining
are favor of the reorganization Of silver They snow
by long practical experience the mp9ssloty oi HOOD
ing the world with cheap silver The other tw0 VINO
have always been engaged In business pursuits IN san
Francisco, and have never oeen thSsevss pre,e m nc G
monctization OF silver Whatever :her views may be,
believe them To be honestly entertained.
Tho state,nent that 100000 any other sum has
been contributed the bonanza owners or by anybody
procure the demonstration of silver s III my 1e.
lief without toundation and was SO known to be by
those uttered it, The charge that venal conlDlna'
tons been formed and money raised ior suc pr-
pose by those interested II silver mining. would impy
idOcy the part of tho miho-owners, IL be true ISIS
maintained by majority OF those who make the CHARGE
that the none OF silver would tend noyabiyto
deprcciae its value. l know OF no money raised
Tor such purpose ana it, is my unhesltatlDs beef tha
none has beeA furnished attempted 10 be iurhlsheu
tor such purpose know that the state which nave
the represent in part upon this hoor Is Too pa
a,Lh n nNM-