The Milan exchange. (Milan, Gibson County, Tenn.) 1874-1978, 1878-01-31
SILVER IN THE SENATE.
The Passage of Senator Matthew's Heso-
luton Declaring Government Bonds
Payable in Siiyer-Yeas ~, Nays 20.


The Passage of senator Matthew's Reso-
luton Declaring Government Bends
Payable in Silver-Yeas ~, Nays ~.
WAsHINGr0S, 5an. 25.-At the expiration Of
the morning hour, Consideration was resum
ed of the resolution of Senator Matthew's de.
/ claring the right of the Government 90 pas
bonds in silver
The amendment of Senator Conkling, max
ing the resolution joint instead of a concur
rent one, was rejected-yeas 3, nays 80
senator COcsren said he had received 2
telegram from senator Whyte, of Maryland
announcing that he was detained at home by
I sickness and requesting him (Coekrell to pain
/ with him. Under the circumstances he con
scented to do so. Were the Senator from Ma
! ryland present he would vote aye and he
/ tCoekrelp would vote no.
senators Hoar, Butler and Hill, who womb
\ nave voted IN the Affirmative, were paired
with Harris, Patterson and Garlandi who
would have voted in the negative.
senator Plumb announced his colleague
! Ingalls,, was detained from the Senate on ac-
count of sickness in his family.
The question then required ON the amend
ment of Senator Edmunds to the resolution
OF senator Matthews, to provide for the pay
/ ment of bonds in gold coin or its equivalent
and declaring that any other payment with
/ out consent of the creditor would be in viola
/ ton of public faith and in derogatiOn of his
| rights. 1t was reiected-yeas Is, nays a.
MesSrs. Butler, Whyte and Hoar, who would
have voted in the affirmative, were paired
with Messrs. Patterson, Cockrell and Harris
]
The question then required on the amend
ment of Mr.. Morrill,, to the effect that 1t would
be detrimental TO the economical interests OF
/ the Government and the people to pay bonds
| in silver, and Mr.. Morrill, spoke in support
/ thereof. He said this resolution of the Sena-
4 tor from Ohio, no matter from what motive il
was introduced, could have and would have
no other effect than to damage public credit,
and he could not understand from what mo
tive 1t was brought forward, especially when
he saw in the platform the Republican
/ n az fad in hot M "a
honor must be maintained, and recognizing
gold as the true standard of value-he could
not conceive how it was possible that a Re-
publican Senator from that State should come
here so soon afterwards and propose such a
resolution as this. II he (Morrill) was in favor
of the so called silver bill he could not vote
Tor this resolution with its preamble as now
drawn. The amendment of Morrill, was re-
jected, ayes IA, nays Al.
Mr.. Window said he voted for the amend
ment of the Senator from New York (A1r.
Conkling) to make this joint resolution,
and he voted against all other amendments.
He now intended to vote against the original
resolution, and, in doing so, he did not pro-
pose to indicate what would be his vote up-
on the Silver bin itself when it shall come be-
fore the Senate. He was opposed to this
fruitless.expression of opinion. If Congress
had confined Itself to practical Legislation,
instead of discussing finances, the business
of the country would have been more pros
porous.
Mr.. Blaine said he would vote against the
strengthen public credit nor the interest of
public creditors. According to the letter of
the statute, these bonds were payable in eth
er coin, but he intended to show, if he could,
when the Silver bill should come before the
Senate, that it was not to the interest of the
United States to take advantage of the letter
OF the law and pay them in silver. He was
opposed to the present Silver BILL but was in
favor of RECOMMENDATION of silver on a basis
which he would have the honor TO propose.
Mr.. Hill said he could not vote for the reso-
luton because it affirmed that debts of the
United States to-day were payable in silver
dollars, when there were no silver dollars.
IL the silver dollar could be remOnetiZed in
any way to make it equal to the gold dollar,
good thing would be done for the country.
He believed that silver could be made equal
in value to gold in three ways: l. By increas-
ing its weight. 2. BY limiting its coinage. g.
by limiting its legal tender power. He could
not vote to coin the silver dollar and again
throw upon this country deprecated dollar
that cheated every thing it touched.
MIR. Edmund5 moved to indefinitely post
pone further consideration of the resolution.
Mr.. Gordon said he would 49, for the pre-
amble and resolution of Ex-senator from
Ohio, because he believed the recital of facts
contained therein was true, and the resoIu-
ton suggested Il policy which he believed to
be honest, wise and Just.
Mr.. Paddock said he would vote for the full
reconciliation of silver, but would not vote
for this resolution now before the Silver bill
became q law.
The motion of Mr.. Edmunds to indefinitely
postpone was rejected-yeas %, nays IS.
The question being on the passage of the
resolution as submitted by Mr.. Matthews on
the 9Th of December last, it was agreed to
yeas AZ, nays p, rs follows: