The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1878-06-14

had 100000 600 in gold boarded ny for specie
snmpuon Tho passage o. the hi repeaIing the
specie ResumpIion act wonid release That money.
lie knew OF public sentiment avcrse 10 Tue fqu
izstion Of our currency, but there sentiment
poses oil resumption This was Tue wisest most just
and most prudent financial measure ever submitted
=, the co" s,n Of the senate Rss5,ins
sury In making contract with the Syndicate
he sad-our secretary OF the Treasury in negotiating
with the Syndicate went beyond tho law IN con-
tracing that the money tnsy paid him for The bonds
should be held Tor special purpose. Tho secretary
had no authority 10 do so. This bill meant that our
grecnbacks would BIO as good as gold within the
forty Two DAYS. and besides It would subordinate the
executive departments OF the government TO tho
legislative power.
Tho substitute Of Nj. Voorhees, was then rejected
The question thcn occurred on the amended substi-
tute OF the Committee on Finance Tor the House bill,
and IL was agreed to-ycas 80, nays Gas iollows:
side saiier Dawes. Dorsey. Eaton, Ferry. mi Hs.r,
ncws ReIsE Msnss krSw.sd lama MfMsS Nc
Sargent, salisbury, Saunders Teller. Madeigh ana Win
NAys-Messrs Armstrong. bailey. heck, Booth. Bruce.
Cockre Coke concyer Davis Of fiorids Dennis, Eusts
NEVADA, Mecrssry MsDonsla Masoy. Msrrimon Moraan,
waIlace and withers pa
Tho hill, having oeen considered In COMMITTEES OF
made in COMMITTEES were concurrcd in and Il was read
third time and passcd-yeas %, nays l5-as fol-
lows
Beck so"sn ucs ca'.snep cafs snossr Da"s q
Illinois, Dennis Dorsey Eustis Ferry ;ordon. tIereiord
nevada Ksioss Kiik~ood Secresry MeDon.a MeMi
Ian, MMtthews Maxev, Merriwon Morgan, Ogeshy. Pad
dock, Plumb. knndoph Saulsbnrv saunders Spencer,
Teller Thurman, Voorhees,. Wallace Window and with.
ers-A5.
NAys-Messrs Anthony, Bayard. burnside. Butier,
Dawes Eaton ioar herman Lamar. Mcpherson, Morrill,,
Patterson. Rollins Sargent aud wadlcigh-io.
Mcssrs. Harris, Ransom and Grover, who would
have voted the affirmative paired with
Messrs Edmunds, Hamui ana Mitchell, who would
have voted In tho negative.
TEXT OF THE HILL
Tho bill AZ naascd reads as folIows.-
he II enacted Gc that fror, after shs passage o.
a payment for the four per bonds
thored BY law be issued. ana alter October
1873 said shall be receivable for duties
All that part OF the bill, from the House,
forbiddng retireincns OF United Staos notes. &c
10 stricken out, the latter subject being covered by
another bill which recently passed
The title Of the bill was amended 10 read,
IAN act TO make United states receivable for
duties on imports. and Tor other purposes
the Senate then proceedcd 70 the consideration OF
bills the calendar
When The bill create sinking fund for the Kan
sas Pacific road reached Mr.. TELLER objected 10
its present consideration.
sir. THURMAN, OF ohio. moved to lay aside tho cal
endar proceed with the consideration Of that bill
Agreed 10.
Mr.. HOAX, (rep.) OF Mass, submitted an amend
mcut providing That the salary Of the governments
directors Of the Union Pacific Railroad Company
shall DC liked Dy tho President OF thc United Stains
and paid by the company. and no director shall r..
ceive further compensation from said company.
Mr. THURMAN saia this bill did not relate to the
Union Pacific road, but he would not object TO the
amendment.
Pcndin ing tho discussion tho Senate, At six p. NJ,
adjourned until Tomorrow.