The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1878-02-16
SILVER In THE SENATE.
WHAT WAS DONE YESTERDAY.
! Several Amendments offered - Al
$3.50 A. N. No Vote Reached.
WASHINGTON, February 10.
sENATE.

SENATE.
Mr.. VOORHEES, called up the resolution
submitted by him yesterday in regard to
inquiring as 10 the ISSUE of bonds by Ger.
tain railroads predicated upon condi.
tional grants OF lands Of Indians of
the Indian nation.
Mr.. Dorsey submitted an amendment
directing inquiry to be made as to the
expediency of extending the Territorial
form of government over all parts of the
country where the same does now exist,
and whether the rights Of life and pro.
perty can be properly maintained with
out such territorial organization. After
brief discussion the subject was laid
over until next week.
The consideration OF the silver bill was
resumed and Mr.. ingalls, spoke in favor
thereof.
The question being on the amendment
of the Finance Committee 10 strike out
of the House bill the free coinage clause
and insert in lieu thereof clause advis-
ing the Secretary of the Treasury, out OF
any money in the Treasury not other.
wise appropriated, to purchase from time
to time silver bullion, not less than two
millions nor more than four millions per
month, and cause it to be coined, etc.
the Vice President announced that
the Senator from Alabama had proposed
to amend the amendment, ard that sub
mitted by Mr.. Morgan several days ago
was read by the clerk. 1t provides that
holders OF silver bullion may deposit the
same at any mint, in quantities OF value
not less than 500 in q single deposit
and not more than 100000 during any
calendar month, to be coined into dol
lars. 1t further provides for the issue of
certificates for bullion so deposited, such
certificates to be paid in legal tenders.
Mr.. Morgan said that from the begin
ming he had been in favor of the bill as it
came from the House of Representatives.
lie had submitted an amendment in the
spirit of compromise, but as 1t was not
likely to produce any good, he with
drew 1t.
The question required on the amend.
ment of Mr.. Beck, directing the Secre-
tsry of the Treasury to purchase not less
that three million dollars worth of silver
bullion per month to be coined into dol
lars.
1t further provides that whenever the
market price of silver bullion is such that
it cannot be purchased BY the Secretary
OF the Treasury at less than par
with legal tender notes, he shall
give public notice of the fact,
and then any citizen of the United States,
who is owner of silver bullion, may de-
post the same at any mint and have 1t
coined for his benefit. The second sec-
ton provides that hereafter sll half
dollars, quarters and ten cent pieces
coined at the mints of the United States
shall contain the same relative qusnti.
ties OF pure and standard silver, and all
are authorized TO be coined BY the act.
After some discussion Mr.. Beck modi.
fed his amendment so as 70 provide tor
the Coinage of silver dollars as fast IS
possible, and sppropriating out OF any
money in the treasury not otherwise sp-
prated the necessary amount to carry
out the provisions Of the act.
A vote was then taken on the amend
ment and II was rejected.
On motion of Mr.. Chatiee the amend
ment of the Finance Committee was
amended by inserting the word "worth"
so rs to provide that the Secretary OF the
Treasury shall purchase not less than two
millions worth nor more than four mill
lions worth Of silver bullion per month.
On motion of Mr.. Ferry, the amend
ment was further amended by inserting
the words "monthly. as fast as 80 pur-
chased" so as to provide that the bullion
bullion purchased shall be coined month
ly as fast as purchased.
Mr.. Mcdonald moved TO amend the
amendment of the committee so a. to
provide that there shall be coined not
less than S36,000,00O per annum. Re
iected.
Mr.. Mcdonald moved TO strike out
of the amendment of the committee the
words "nor more than 81 600, 600 per
month" bring the maximum amount OF
bullion to be bought. Rejected by ris-
ing vote-yess l3, nays 80.
Several motions for recess and TO
adjourn were voted down.
Mr.. Morrill, submitted an amendment,
as follows: Provided further, For the
first year after the passage of this act no
more than 25 per cent, and for lhe sec.
ond wear not more than 80 per cent, oi
any payment tor duties will be receiva-
BILE in the coinage hereby Authorized
Reiebted; yeas q, nays 46. The yeas
were: Messrs Anthony, Barnum, Bay
ard, Blaine, Burnside, Butler, Conkling,
Dawes. Eston. Hsmlin, Hosr, Herman
Lamar, Mcpherson, Mitchell, Morrill,,
Randolph, Rollins, Sargent Wsdleigh
and Whyte-2l.
Mr., Wallace submitted the following
amendment to tha! the OF Finance Com
mittee: And ore hundred million
of such dollars shall be be coined dur
ing the three years from this date, and II
the average monthly gold price paid fol
said silver bullion during the last twelve
months thereof shall be less thsn 91-lW
of ? dollar, the Secretrry OF the Treasury
may suspend such coinage until further
sc,ion OF Cougress.
The question taken on the anenomen'
| of the Finance Committee 10 strike oil
of the House bill the free coinage fes
lures and insert new clause As above
noted and it was agreed 70. Yeas 40
nsys %, ss follows:
YEAS
/ Allison Eaton, Merriman,
/ Anthonv Elmunds, Mitchell,
/ parnnm Ferrv. AorTill,
! Bayard, Hamlin' gIesoy,
R!aIuP HOaT, Paddock,