, 1881-01-09
I THE DEBT.
Another Days Debate in
the House Of Repre-.
sentatives.
Evident inclination Of the
House to Refund at
3l-2 Per Cent.
Eastern Men, Who Have the
+: Money, Anxious to Get
a High Interest.
Western Men, Who Expect to Pay It,
DESTROYS to Get OF with 8
Per Cent.
Gen. Chalmers viii Vote for the
Shortest Bond at the Low
est Interest.
*>
Having Obtained This Desideratum, He
Viii! Then Vote Against the
49, Bill.
~: :: $3.50.
MIR. Bc1ford, Of Colorado, Gives
the Eastern Go1dites Loud
Warning.
Mr. Newberry, Who Stirred Up the
British Animal, Sets the
Greenbackers Wild. ..
MIR. Belford,: Of Colorado Gives
the Eastern Go1dites Loud
Warning.
hIr. NeWberry, Who Stirred Up the
British Animal, Sets the
Greenbackers Wild. p:
The NATIONAL Bankers Still Asking to Be
: Bribed into Acquiescance with
49, 8 Per Gent.



WAsH1NGroN, D. c.. Jan. 8-Another
DAYS debate in the House upon the Funding
bill has not resulted technically in the atl-
vancenlent Of the measure beyond tha par
liamentary stage which it occupied before
the recess. But the discussion has served to
make it pretty clear that when the vote is
taken theYHouse will pass Retundfng bill
fixing the rate at 81 per. cent. It
is less clear what term will be
prescribed :" for the 50 bOMd- Indeed,
if the IortrInes = nf some OF, the
statesmen Of the House are true It is mat
.ter Of M conseonence whether the bonds
shall be long or short, as they say the United
States can carry any 3 per cent bond. The
! drift Of the discussion. was evidently in op-
nositIon. to 5he S1s 1,ercent rate a11kt-tavored
tha:3 per cent bill. as originally reported by
tha Wavs and, Means Committee. The dis
cussinn ,vas con1uctrl In 4 fbsiointed. con-
fnsed md fflorfcal manner. the House having
declined tn nroceed. first tn fix the rate: next
tn lleter,nina =.
|, THE LENGTH M TIE Royn g.
which of conree ia In ereat ,naas1re> de-
,nandart m tho r,to 81 far as thare ,yas anv
a;vis;on ~ between M tha en,,tfons The Eastern
-na,, eranoroilv war,, inclined r. a h1gba~ The
Wostern % n,a,, - . 1o1,e~ + ro+e Tbera 1veTa ~
of conTee notable axcent;ons Fernando
WOOD md a,,aoto- Ban1si1 da,nsnd nar
oont wh;1a Narvhorr,. C,nrcn ami Kaifar
tho1'pht = hiohar rata NECESSARY to f1oat tho
honds or ot 1aost believed that discretion
ehonrd ha o;van IN tha Secratarv of t},e
Traas,,r1r ria ara,tar nortior ~ tha davis
ar,,,,,,ar+e ,vara .iiroctoa IN tha rate The
Eesta-n onnonents of The 3 ner rent rata who
.no,,ad ~ 10
NV. ,,7,,,oper,,zr ,,opo m ru.
~~ HANK r INTERESTS.
commenced their onposition to her cent at
the ontset under the lpad of Gov. Clat1tn. of
nTassachusetts Thev adonted verv fngeu-
inns tactics The hiil rrnorted bv the Con,-
n,ittee last session which was On the calen-
dar nrovk1ed for ~ ner cent, It was not
nnti1 rhis session that the Wavs and Means
Committee concluded that it would be practi-
.cohle tn radrce th. rita tn 2 per cent and
the Committee so voted. and instructed
The Chairman when the hill should be
reachad nnon the calendar to NOVA to
amend tthe hill 20 as tn strike ont tho
316 and insert 8. It Is usual when
Committees have changed their mind
to permit then, to permit them to make any
notifications ir, their bills which they desire
when it is reached without any vote or OBJ
lection, it being held by common consent that
Committees have a right j.
TO PERFECT THEIR OWN BILLS,
and are not to be expected to father meas
ures which they do not approve. But TECH
nically the rnles require that even amend
1nents Of that sort must stand on the same
footing as any other amendments, and
cannot be made except by the approval OF
the House. 1t was at this point that the op-
ponents OF the per: cent rate assaiIed the
bill. They resisted the proposition Of the
Committee to amend their owc~hill* and re-
fused the unanimous consent which was
necessary. Their theory evidently was that
itwould be much easier TO prevent the SO
rate from being inserted in the old bln than
it would be to strike it ont II once inserted.
This position. tits true, gives them some par
lianentary advantage: =
J.. THE CHIEF ARGUMENT
against the 3 per cent, rate was, that such =
bond could not be .aoated without contrac-
tion Of Nadonal~bank circulation, for no one