, 1881-02-18
Passage in the House Of the Great
River and Harbor Bill by a
Vote Of 1852 to 68.
The Original Program of Empty
Talk Carried Out-No Change
in the Bill.
Important Work in the Appropriations
Oommittee-Hurda grab-McGar-
rahan Again-Many Notes.
FUNDING.
ACTION IN TIE SENATE.

Sp.ttat Dfspntch 10 The Chicago Tribune+
WAstilSOTOS, u. C., Fcb. l7.-Thp Senators
wcro promptly UT hand to"1ny, utid ut ha1f-past
II o'clock. Sclator 13ayns,l brought up his
Funding bill. Il number Of short speeches
were saccussiycly nude, and BY tho middle Of
tho afternoon It bccA1no Npplscnt TINT tho
rate Of Interest on tho new buntls WIS to bo )
per cent. Th!a was purity owing to thu lobby
influence OF so.nc New York bnnkciB, and parity
to desire to CONCUR with tho IIuusc, as lcnllllg
Representatives cclarcd that they would never
consent to a higher rAte Of Interest thnn j per
cont.
SENATOR C0C1sitEt,t,
whn strongly ud,ucasel thu per cont rate,
spoke Of tho existing boOtu Of prosperity rs
having Begin with the ulvent Of the Den,oerats
into puwcr two ycnrs ugo. Eenntor Plumb In
Hured.i II thAt werc 80, how. lilo Scnhtor from
Missouri could expect to fund tho debt, now
thAt tho Democrats wprt Yang out Ut power.
IT. this Mr.. Cocarrll responded that tho people
had faith thut tho Democratic tarty w1uld rr-
turn to power st'on. "Ycs," exclaimed scnnsur
Ferry, "tho Senutor BUSES Ills opinion vi
tho scrpturnl assertion TINT fnlth covers
II nultltudu Of SINS "Fnlth!' retor,ed
Mr.. CUckTcll: "tho Senator hud better reid tho
Scriptures inore carefully before ho attempts 10
quote from thon,. 1t Is rhurlty which coycEs Il
multitude of ans." II WIS O'clock before tic
stream Of eluluonco ceascd to flow, and tho vot-
lilk vi AA0 AHIcAulHGHtS C0IIal1EAGEut SGHufOF
I}aynrl inakfng nH cnrncst appeal to tho Semitic
nut IL adopt rato OF intorust less ttun Jt; per
cent.
TIE FIRST AMENDMENT VUTED IN
WAS thut Of senator Ferry, which left tho
rate discretionary with tho scercta-y uf
tho Treasury, not to exceed VI per
cent. Sumo had thought yesterday thut
this amendment would be Incorporated
lnto tho bill, but 1t only received twelve vutcs,
frrt t{yt Senntt1eA ri linz 1yr4t Jt Nuyt rat,,r
tho Important amendment tixlux tho rsltu ut vi
per cent iusttad Of = per cent, ns II. tho Itnuso
bill. Uuforo tho y0t0 WAS takon Mr. Allison
| made
srltoSu SPEECH AGAINST
fixing 60 inwa rnte Of lnsercst It's to ip tho hands
of tho SccrutAry Ut thu Treasury. If TINT ulI-
cal Ia honest und fui.htut," he sald, tho
shout! hnyu somu latitude of action. This
Ia not bill to inliAto tho currency,
but to ustNbtish loan. It SHOULD
bo tho policy Of the 1osornnent tn extingnish
tho loan Us speedily rs possible. When tho nycs
and noes wcre at last called, check lists were III
| dt1naId, nnu pahcs were Hul!t after tho Ah-
suntccs. Tho declaration Of tho voto gAyo =.
nycs Agnlnst II ltucs.
81 TIE ltOusi: HILL REMAINS UNCHANGED.
* number Ut yer0al amendments were then
| adapted without debnto, untll tho third section
OF tho btll WIS reached, liking tho expense Ut
preparing, tssunR, ADVERTISING, unl tllspos!ug Ut
tho houls. Tho Iluusu hn,l liked this hut to OK
coed uno'Vunrter Uf ! per conf, which tho
FInaure Committee proposed to amend by
1uukln4 1t ollo.hnlf Ut per cunt. Bonat0r it,
gals opp1scd tho amendment. md, III tho culthe
OF his rcnlArks, intlInalcsi that much of tho
amount wouA 10 axpen!Gl for enrlchlng
fayoFits. Senator nayArti, supported by otAGr
members Ut tho Finance Committee, came to
tho ti0fetiso Of Secretary ShernMn, and extracts
'Hcru suado from Ills Statements, showing how
|