Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1881-03-04
EASTERN intelligence.
PASSAGE OF THE FUNDING
BILL.
The Debate Previous to Its Passage.
MR.. HAYES vEToEs THE BILL.
HIS REASONS FOR SO DOING.
MR.. HAYES vEToEs THE BILL.
HIS REASONS FOR so DOING.
Especial to the Sentinel

WASHINGTON, March 3.-In the House
last evening the Senate amendments to the
Funding bill were agreed to without
change and the bill passed.
Carlisle (Dem.) Of Kentucky moved to
suspend the rules and pass the bill amend
ing the Funding bill just passed, SO as to
make itPQnform to the amendments rec
ommended by the Committee on Ways
and Means. Among the amendments was
one providing that nothing in the Act shall
be construed so as to repeal, modify or af-
feet sections SOLO, 5021, 1922, 5023 and 1924
of the Revised Statutes.
Kiefer tRep.) of Ohio regarded the bill
brought in by Carlisle as a confession by
the Democratic party that it could not, af-
ter ten months consideration, pass a fund
ing bill that was fit to go to the country.
The gentleman from Kentucky, Carlisle,
confessed and admitted that the bill just
agreed to was defective, and the country
would be ruined by it.
He (Kiefer) did not believe the National
banks in their action during the past few
days had been actuated by any great cour-
age. But this was not a question of ma
tional banks, it was a question of bread
and of property. 1t was a question of
cheap money. Money had been cheap a
few days ago /; now it was dear, because
the Democratic party could not pass a law
that would ruin and unsettle the country.
Carlisle tool the floor to close the debate.
He had not confessed that the Funding
bill would ruin the business of the
1.n&v $50 s~,.z sA ------
In all this discussion no word had fallen
from his lips in denunciation of the ma
tional banks. He had been looking only
to the highest and best interests Of the
national banks subordinate to them. If
the gentleman from Ohio thought it more
important to preserve the franchises of
national banks than to place the credit of
this great government on q basis of three
per cent, let him act accordingly. He
took this occasion to say that the national
banks, by their conduct, by their action Of
the past few days, by their abuse Of that
power which the bill took away from them,
and he hoped forever, had done more to
raise a spirit Of indignation among Ameri-
can people than all the words Of denun-
citation ever uttered by any Democrat.
He had warned them, when they had once
satisfied the American people that all
values could be disturbed, and all business
deranged at their sovereign will and pleas
ure, that the days Of their lives were num-
bered. Applause On the Democratic side. |
He had taken the position at the beginning
Of this contest, that Congress would be
faithless to its duties if it failed to apply a
remedy for this great evil, which was con-
stantly threatening the business interests
Of the country, and would continue to do
SO so long as the banks had the power to
control the currency, as they had lone
last week.
The rules were then suspended and the
bill passed, no division being taken.
The Speaker then laid before the House
the enrolled Funding bill, and it was signed
by him and sent to President Hayes for
his action. The House then adjourned.
Mr.. Hayes has vetoed the Funding bill.
He bases his objection to the measure on
the fifth section solely, saying that he
would sign the bill but for its presence.
He says that section would seriously i'm
pair the usefulness of the national banks,
and would be a step toward the destruction
Of the national banking system.
Tit message was received by the House
and read by the Clerk.
Tucker moved that the message be printed
and laid on the table for future considera-
ton.
Robson moved to proceed to the consid-
Grafton Of the message Immediately.
The yeas and nays were ordered on
fuckers motion, and it was agreed to.
Yeas, 135; nays, 116. So the message re-
mains on the Speakers table.
WASHINGTON, March "A member of
the Senate Judiciary Committee said to-
day that nothing will be done with the
nominations of Matthews and Billings.
Democratic Senators will organize the COM
mittee immediately after the new Senate
meets, n viii act promptly on all the
nominations. The Chinese treaty will
probably be considered, but the extra SEES
sion of the Senate will adjourn before the
vacancy from Wisconsin can be filled, and
that will leave the Senate Democratic until
Congress meets anyhow.
Prominent Democrats in the Senate say
there will be no opposition to any of Gar
fields nominations.
The Senate special Committee on Inaupu.
ration, composed Of Pendleton. Bayard and
Anthony, waited on Garfield to-day and In.
formed him Of the programme, and it was
accepted and agreed to.
The House has concurred in all the Sen.
ate amendments to the Funding bill. and it |
now goes to the President for his action.
Since Garfeld's interview with Hayes there
is the best OF authority for the statement
the President will refuse to sign the |
Funding bill should it pass both Houses.
Cabinet reports to-day are that Allison
will be Secretary of the Treasury; Wayne
McVeigh, Attorney General Robert Lin
coin, Secretary of War, and Levi p. Nor
ton, Secretary of the Navy. Senator Kirk
wood says he knows nothing about the ru-
of his appointment as Secretary Of the
Interior that he has not seen Garfield nor