The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1878-01-29
ASSOCIATED PRESS REPORT.
TO THE DAILY LNTELLIGENoER
GENERAL NEWS.
London Times on the Eastern situ-
alton.
The Political Atmosphere stlll Cloudy.
Trouble on the Persian Frontier.
lis Significance as between England
and Russia.
Peace Negotiations full OF Difficult
Questions.
The Matthews Silver Passes the
House.
BY 1877 Yeas to 70 Nays.
Peace Negotiations full OF Difficult
Questions.
The Matthews Silver Passes the
House.
BY 1877 Yeas to 70 Nays.
CONGRESSIONAL.
SENATE.
WAsHINGroN, January %.

| SENATE.
] WASHINGTON, January 2s.
The greater part Of the morning houl
was occupied in the presentation oil petit
tions demonstrating against reduction
OF certain tariff duties and the restoration
OF the tar on tea and coffee, &C., all ol
which were referred.
RECONCILIATION.
Mr.. Voorhees, presented a petition Of
twelve hundred citizens Of Albany, N. Y,
in favor Of the demonstration Of silver
and repeal Of the resumption act Re.
ierred.
Mr.. Beck presented petition Of citi-
zens OF Kentucky in favor Of reduction
Of the tax on tobacco. Referred.
Mr.. Wallace, Of Pennsylvania, pre-
sented a petition Of the tobacco dealers
Of Pennsylvania demonstrating against
any change in the tax on tobacco, unless
| II be absolutely abolished. Referred.
Mr.. Booth presented petition Of citi-
zens Of California opposing any. further
legislation to aid the Southern Pacific
Railroad.
Mr.. Eustis presented q memorial Of
the Louisiana sugar planters asking Con-
gress to pass the leyee bill on the basis
OF the report OF the Commission OF Engi-
neers appointed to investigate and report
a permanent plan for the reclamation Of
the alluvial basin Of the Mississippi
river. Referred.
Mr.. Anthony from the Committee on
Printing, reported favorably on the House
amendment TO the bill to further regu.
late the purchase Of material for the
public printing and binding.
The amendment was concurred in and
the bill passed.
Mr.. Dorsey, from the committee on
District OF Columbia, reported adversely
on the petition asking for investigation
in regard to the sale Of intoxicating
liquors in the District, and the commit
lee was discharged from its further con-
sideration.
A bill was introduced by Mr.. Plumle
providing for the disposition Of public
timber and timber lands OF the United
States, also bill to amend the army ap.
preparation bill for the fiscal year end.
Ing June 80, 1876, in regard to compen.
sation to railroad companies for Govern:
ment transportation.
Mr.. Ingalls, introduced bill TO reim-
burse the States Of Kansas, Texas, Ne
braska and Colorado for expenses in
CURED by said States in repelling invas.
ions and suppressing Indian hoStilities:
Referred.
BECK GIvEs NOTICE.
Mr.. Beck gave notice that he would
tomorrow call up the resolution submit
ted by him Last week, declaring il mex
pedient either to maintain or impose
taxes at this time for the purpose Of pro-
yiding for the SS7, 7,l96,045 asked for by
the Secretary Of the Treasury for u sink
ing fund.
The House bill to remove obstructions
from the Mississippi, Missouri, Arkansas
and Red river was taken up and passed
after brief discussion.
At the expiration Of the morning hour,
consideration was resumed OF the untn-
ished business, being the House bill TO
authorize the free coinage Of the standard
silver dollar, and to restore its legal ten
der character. Mr.. Morrell made long
speech in opposition thereto.
MR. MORRILL,
spoke at length. He argued that to sus-
tain silver standard would cost annual
| " about per cent for abrasion, while
that Of gold would not exceed 1.20 Of l
per cent. A double standard put forth
BY the United States on the terms now
proposed would be only so In name. As
10 paying the debt in silver, II would cost
! ID per cent more to coin silver than
gold, and the l per cent annually TO
maintain il would be lost. He alluded
to the disastrous effect on our credit OF
such payment, and said to allow duties
to be paid in silver would be a striking
boon suddenly granted to foreign indus
try without any advantageous equivalent,
To use deprecated silver in the payment!
Of pensions and war creditors
WOULD BE SHAVING THEM
only to give the shave 10 the LATER and less
deserving foreign creditors eager 10 sup.
plant our people by furnishing larger
supplies Of foreign products. Those who
first received q deprecated currency not
owing debts, where 1t can and will be
promptly applied, would bear all the loss.
The labor Of this country is entitled TO
be paid in the best money the world al.
fords. Prohibit the circulation Of all
small bills then silver or gold virtually
...,Il GIL ,ha yaoonn, and anania "a.
sumption might not only be facilitated
but maintained with little apprehension
Of interruption. There had been 50 large
an increase Of the stock Of silver as ot 1t.
self TO effect reduction Of its value and
this result has been confirmed and made
lirreyocable by new and extensive Euro-
pean disuse Of silver. BE indicated the
adyisabilily Of obtaining the cooperation
OF OTHER LEADING NATIONS
lin fixing one common ratio Of value be.
tween gold and silver before embarking
on a course Of independent action from
which there could be no retreat. He
| argued 10 show that even in the lowest
pecuniary sense Of profit the Government
Of the United States could not be gamer
by proposing 10 pay either the public
debt or United States notes In silver
that such payment would violate the
public pledges as to the whole, and yio-
late the existing statutes as to all that
part OF the debt contracted since 1870
and for which gold has been received
that demonstration Of silver means ban
Iishment Of gold and our degradation
among nations 10 second or third rank;
that Il will be sweeping ten per cent
reduction Of all duties on imports; will
require the imposition Of new tax TO that
extent that Il would prevent the further
funding Of the public debt at lower
rate of interest, and give to the present
holders OF our 8 per cent bonds great
advantage; that instead or aiding
the resumption II would only initiate the
currency, already too long deprecated