The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1878-02-17

measure Of Mr. Rernans has had the favor Of the Sec
rotary Of the Treasury, but Mr. Sherman has
no influence whatever the silver debate, though
ho was extremely quick rush the defence
OF Wells and Anderson, and in fact an ad.
ministratlon carved out OF white pine wood
would have been felt just much in this
prolonged discussion IS the one in power, which
seems 70 think II OF moro importance keep out OF
the Penisentiary and in the New Orleans Custom
House swo men, long ago convicted by . republican
Congress OF gross frauds than to help 20 save the
working people Of tho country from the loss wh,cn
they must suffer from debased currency.
THE SILVER BILL PASSED.
THE sENATE's DISCUSSION AND DISPOSAL OF
THE AMENDMENTS oFFERED-rHE FINAL
voTE-rExT OF THE BILL AS IT PASSED
WASHINGTON, Feb. 49, 1873.
At half-past three A. NJ, the Senate. having con-
tnued In session all night, still voting
the bill submitted by Senators.
nearly all OF which the yeas and nays called.
and the prospect that dual vote would not be
reached for an hour or two.
WHEN THE TAKE EyFEcT
Nj. MORRILL,. (rep.) OF W., said he proposed TO fix
tho tNae when this act should take effect which he
thought had been Inadvertently omitted, and also
give the Treasury opportunity to get OF this
coin on hand He. therefore, moved that the
take eject on and after 30tn day OF June, 1873
Mr.. ALLIsoS, trep) Of Iowa. said he did not think
that necessary. This would take effect upon
the approval Of the President. which we will have in
. few days.
Mr. CoxxLrxo, (rep) Of n Y.-Does tho Senator
speak by authority?
Mr.. ALlIsoN--l hope we will have it.
Mr.. WHITE, (dcm.) OF Md. referred TO the Coinage
Mt anls IA uult. hilI
March, IL contained clause that should take
effect until tho 81. day OF December following. The
amendment was rejected without roll call.
CERTIFICATES DEPOSIT
Mr. SARGENT. lrep OF CAL. submitted the following
amcndment-"And provided further that nothing IN
this shall DO construed 10 authorize the payment IN
silver Of certificates OF deposit issued undor tho pro-
vision OF section 2S4 Of the Revised Statutes" In
explanation Of tho amendment, no said these certih.
were ISSUED for deposits OF gold aad bullion,
aud certainly they should not b. paid In silver. The
amendment was agreed to-
Mr.. CHRisrIANcY (ren) Of Mich, submitted The
substitute OF which no notice several days s,noe
providing tor the coinage OF silver dollar OF 4i2K
grains aud providing that amount OF coinage shall
NOT be loss than Two nor moro than i've million dol
in full lass week when he presented it. IL was 70.
jected without . roll call
M. BLAINE, (rep OF Me-, said the nrst section OF
dollar OF 426 grains had been voted upon and re-
sS'ed me other svo sections were contained in the
would not Offer unless we had dollar OF AIS grains
He therefore withdrew his substitute.
The bill was then reported 10 tho Senate, and the
amendments made IN COMMITTEES Of the Whole were
agreed to-
msnt providing thai there shall DO coined less
than 50. 600 600 Of such dollars in any one year.
amendment tho bill. He had doubt the provi.
ons OF the bill would BE- carried out In good iai!n
The amendment was rejected without roll call
MONTHLY PURCHASE or BULLION.
Mr.. MERRIMox, (dem.) Of N. G., submitted an amend
ss % so. 81
lion per month"; instead OF not less than 81 000, O00
worth.
Mr. CoxKLxa raised the point OF order that The Sec
having already been perfected by inserting tnat
OF the Committee ON Finance tho amendment OF the
Tho CHAIR mr. Hoar) ruled the point OF order we'll
SENATOR KxRxAN's AMENDMENT
Mr.. HERMAN (dem.) Of N. Y, submitted tho follow.
"Aod the Secretary Of the Treasury is
a. par for legal tender Treasury notes
the presented at the Office Of any assistant
treasurer OF Inc Uned states In sums not less than
csivsd In exchange snail We oanceiod."
Mr.. KEENAN, explained that no submitted tho
amendmen. with v,sw 70 tse return to specie pay.
MIR. FERRY 0rep.) Of Mich. moved to strike out the
word .'cancolod" and insert in lieu thereof ire
| Issued"
Mr.. JONES, (rep) OF Nevada called for the reading
| Of the amend ment, but az the question about
being taken on Mr. Ferry's Amendment tho Chair
| ruled II could not DO read while tho Senate
dividing. and voly debate points OF order sprang
up, during which M Jones claimed be had called
Tor the reading Of The paper before the Senate began
| to DIVIDE.
Amer The count Of the Senate the Char (Mr. Hoar)
ruled that the amendment lost. and the yeas and
nays were chilled Tor Immediately by several Senalors
Mr. EDNUSDs trep) of VI, then called for the read
objected.
had been several t,mes and il was question:
20 now many times paper could be read even If IL
Nevada had objected to It's reading, as no had the
right to DO and the Senate would decide whether 1t
| should be read or not
Finally all objection wss Withdrawn and the amend
mont WAS read At the Clerks desk.
The discussion on Mr. Ferry's amendment to insert
tho word reissue" instead oil cancelled" in Mr..
Kernans amendment, WAS continued.
Mr. BLAisE SAID the point Involved was the abolition
| OF the and two-dollar De
| Mr. SARGExr Coll said he would ike to inquire
by what authority the groenback could be ressued
| after having ocen redeemed.
Mr. JoxEs tNey) argued that II was no mora q re.
dea pon OF Tho greenbacK 10 give silver dollar for
than 10 ANYTHING else for H. The people wanted
| TO redeem with labor There were three mulons OF
men walking about the country to-day waiting Tor a
| chance TO reueem the grccnbacks. they wanted to
a reissue OF the grcsnoacKs, and said all the
country labor was being crucihcd and those who held
| ovidences oil Indebtedness were being enriched
The amendment OF Mr. Ferry agreed to-Yeas
| AZ, nays 20, rs ioilows:-
yKAs-Se.sra Armstrong Bailey, Besx Blaine, Bruce.
Goctre Uokc Uonover. Dayl. % Illinois Davis wo;
Virginia. Dennis. Dorsey, Eusts, Ferry Gordon trover
Hereford, ingalls, JOHNSTON Jones Of Nevada Kellogg,
4 kirkwood. McCfcary. Mcdonald. Mcmillan Matthews,
| Maxey, Mersimon, Morgan. Ogcsby. Paddock Plumb.
saunders spencer. Teller Voorhees, Wallace, Window and
Mthers-42
NAYS Mrsss Allison, Anthony. ysrnum, Bsyard. Booth
Barnsde Butler, Christisncy, Conkng Dawes, Garland
Ilamiin hoAr Howe Jones Of Florida. Herman. Mel
son. MITCHELL Morrill, nsndoipn, KcslinS Sargent, saus
bury, Woodieigh and Whyto-25.
| Tho question being on the amendment OF Mr. Kcr-
| man, as amended by Mr. Ferry, Mr.. Edmunds de-
manded the yeas ana nays. ana SAID this direct
step against specie resumption lie wished TO In
ms protest against this OF folly IL only tho
intoxicating drink that drove US mad and killed a.
| last
| Mr.. FERRr said tho Senator from Vermont (Mr Ed
munds) hsying referred 70 tho specie Resumption act
| no desired 10 say that when that not was being
considered by the senate 1875, Nj. Schurz then
Senator from Missouri, stated, In reply 10 question.
shat tho Finance COMMITTEES had beon unable deter
nine wnchor the greenbacks should DO reissued alter
being redeemed. That question was lott for future
Mr. KxRxAS said the amendmen, just adopted, on