, 1880-01-15
W4zIff1NGToN.:
The FIJI - 10 Committee viii
Repo adversely on Bay
ards Resolution.
Still It's Friends Hope to Doro1op
q Debate Thereon In tho
Senate. !.
The Subject Of "star" Routes Be-
ceiving Considerable Atten-
ton in Committee, :.
Secretary schurz Has a Long
and Satisfactory Inter- Il
view with ouray.
!,
Tho Uto Chief Willing to Make
Concessions to tho Gov
ernMcnt.
Commissioner Hayt's Official Days
in All Probability Mum.
bered.
| Outlines of tho Bill to Provide for Bus
reau OF Interstate Commerce.
Provisions Of the House Bill to Govern tha
Reserves Of National Banks.
The Ute Chief Willing to Make
Concessions to tho Gov
ernlnCnt.
Commissioner Hayt's Official Days
in All Probability Mum"
bered.
Outlines Of tho Bill To Provide for Du.
reau OF Interstate Commerce.
Provisions Of the House Bill to Govern tha
Reserves Of National Banks.
DAYARD'S RESOLUTION.

DAYARD'S RESOLUTION.
DEFEATED IN COMMITTEE.
Special Dtsrateh to Tbs Chicago Tribune.
WAsllIxaroS. y. c., Jim. 1i.-Thc Scnnte nd
to,trned early this afternoon ut tho instance. 1t
Is understood. Of members of tho Finance Conn.,
mIttcc, ir, order to give TINT Committee mn OPP
portu1tty to consider ami dispose Of tho DHyartt
resolution md get it before tho Senate. Tho
Committee wills In session for Rbout two hours.
The discussion to-day shows that M almost In
!inIt vnricty OF amendments will bo offered
when tho resolution Is debated in tho Senate,
md that tho debate Will bo long and Important
Senator Isaynrd spoke ncarly M hour.
going over tho old ground agninst the
power Of tho Federal Government to
iss,,o u lcHal-tcndor pupcr, money,
With which NIL studenta of thta question
aro familiar. Walaca agrced With Dayard OIL
tho general proposition ttnt tho Federal Gov
ernnltnt has no power to Issue c1cgal.tondcr pa
per ctirTc.1cy but urguctl that, M tho Feicrnl
Government Inns exercised TINT power, mud
lcgnl-tender nocs arc In existence, 1t Is tlouhs-
ful II It bc wiso to destroy thclr 1c9al-tcndor
quality ut present. kcrnan entirely ngrccd Will
I.Aylrd, and will sign tho minority report, Will
lage efgniug, huwovcr, with tho qualification
nt,uvc t.ltlicntcd. Scnator Morrill, "as tho only
Republican whu In uny why favored tho rcsolu-
HE WAS NOT nIsrosEp
to destroy tho legns-tcnter qunllty at nncc. He
proposed tn glyo National bauka time, In order
that they mEKh: secure specie lis reserves aEnfrss
their cruuluttUn.,. Allison wMs. very pr1nnnnced
In bis opposition to tho resolution, nnl Was tho
most curncst advocate OF what E1stcrn 1nem-
hers of tho Committee Aro disposed to call tho
Western, theory. Ucck and Voorhees, cndcavorcd
to avoid discussion. Allison maintained that .
rcrcnl Of tho lcgnl-ton.lcr cause would operate
tu tho grpHt disadvantage OF Western
debtors, md to tho very positive bcnn-
1T nf EASTERN creditors, especially In the
nattcr Ut cxchni,gc. Allison, however, sccncd
10 he disposed to ngrro with Morrill, In fuyor pt
requiring debts to be paid In co!n,-n proposition
tD which Ferry d[sscntcd. Dayard is still cot1'
tldcnt that tho resolution will i,csrasc. In
strength by discussion, hut he seons to bo nonG
In his opinion, No confederation Of tho Dutlox
amendment roatpnniuy for 1.-Two years tho tttna
when tho lc4aE.tcnder quality shall expire, WIZ
hid. 4 motion was m0de TINT tho resolution bd
reported adversely. Upon this motion Senator
naynrd insisted, the othor 1nurnbcrs Of tho Com
n,[ttoe actuicselng, that Senator Jones. who II
absent, hut ...... ~.
WHO is KNOWN
to he adverse 10 tho Huyard resolution should
hnyo tho bcnotlt Ut his opinion, and ho was,
therefore, recorded MS voting for nn afvcrs&
report giving t., that Bide u,utnrity 0f Dno. II
w,ls thcn decided by senntnrs Bayus1, Kornart
Wallace, AMI Morrill, to snake Il mcnorisy report
1t IL probable TINT both reports will bo made to
tho Scnnto tt-rnorruw.
An understanding has bcen reached betWoct.
Dcmocr1sts and Republicans In tho Senate wha
I,ro opposed to tho present consideration Of ths
ti,iu 10 iay the whol0 subject upon tic tabo and
whatever discussion tAkes place upon tho gues-
tlon viii pro6aIy be r9aol,ed by 1notSn f'ok.
probability thnt tho nnyArsl resolution Will pasa
tic 9cnntu, and still lcss TINT II; will pasa tho
esc: mueh :anildsco a" 70 n lts srcnxtb. p'o
senntnr l'eck has boon ulsnost continuously en-
gaEtd elnco tho session ncKsI - PREPARING UNI
Hclf FORA Yrcat financial speech. E1ilAt1r V01rs
hccs Henatnr 13nyarl, and Sunntor Morrill,, OF THO
Fiial,co Committee, will aso make for1nal
speeches. Tho dchHt9 Ia not OxpeCteA TO begin
for somo days.
SENATOR N0nR1LL wILf.
Tomorrow ondoarDr to spcak upon tug refund.;
Ing proposition. II u understood TINT he viii
ndvCcnto nn immediate md st>uctfy rcfuridin9 OF
Tue renullnlcr ot tho outstanding 8. and p9s
cent luAn into a psr cont ha,nd: that ho WIZ
i iowor rato thin that; that for tho last twenty
yunra no European Government has scuurcd 9
i ss ss' ss 'G un aa atc. Rst " IL x0a aaes: E
pation Of securing better. tortns, to post.
RSSo ,akIn& aytaxe e. e.. tho opp9;stShty pIps;nStny
its entiro outstanding indebtedness i,t9 PCT
cent bond. The sy1ltiicate. Mr. morrill, 19lleycs
IL honestly conducted. anu does not thihk taae
| tta profits WctD excessive.
THE sEs0IuT1ON.
II tAe tpfstertt Assoetastd ftt1a,
WARRINGTON, u. c., Jun. H.-IhG 6onAtA
Finance Committee, at Ito st'eSlu Iaeetng toHk
~ for aeion %ns Il FGnery ;11 xexn o. 1aS
nttga 1T tho United Suites, employed y ahta
jnint resolution 10 originally lntrotllced, WI
to-uny, by e0nIlA0n cGlIsontt seplnceu Wlln tha
| ,yorls :" United States notes. 80 Ms 70 Cuttorm
to tho statutory designation. After tha vDrbal
uro pscsSt,tuI for tic Comnlltsee's action to-day
* joint rusolutloaln IN relation to United statea
Rcso,xti, by tho gcnnto and Ifouae Of 1topre-
sontat!vus of tho tlnit9d st4tos OF Au.crtca 10
passsRv oi this resolution III United Statoa notc4
sinIl Go receivable for all dues to tho t1H!ted
StnteH pxccptinX 1utleA On tlnINrts, anu ShA4
nit 10 otherwise d loyal tender, ind any Ut said
notck hefeaftor rossuod ahall bea'r this super"
discussion Of about IN hours dusatton On.
! suetl, 1T tho rn1 Of which 5tr. naynru submitted
| u notion that tho Joint resolution DO tpportod to
thu SelustD with reCtlmlnpnitAdon for Its paA.
| saXt. A vpt0 wA4 Immediately taken OH thl&
| m1ti0nt with tho following result; m
I<as-1,ayasd, kes1.an Ma!lacs. M and Il.La Mostall
Abacnt-.Jpncs, ot Nevada.
Tho motion was therefore, lost BY aa yotn.,
At the suggestion Of Dnynr1 It wha taeo
aXrUed by cNlnulun tslnspnt thur IN view or sne
known sentiment of Joncsr hta vote shQulu y
considered ~ eAst aKapat to 5ol1t THs9a@sGoit aasl
/ tho Hellntu adversely"
The report will probably bo presented by>Ms
| Allison. e..
munts proposgXl by Mr. Autler, to mako tho 4at4
tAS iepaai pHn; i1,ts 1s saq ot
| shall not hereafter b9 availahla for> GAHonAk
| bank xo8psypa, but theao aud various Qta9