New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1882-02-03
XLVIITu CONGRESSES SESSION.


In the Senate to-day the Committee on Post
Offices reported adversely the Senate joint resolution
granting the franking privilege TO Senator'S end Repro
leatotiyes FOR 0fcal business. Indefinitely postponed
Mr.. FERRY Rep Moh froId tine same committee, re-
ported back the resolution OF October 49, nffotu'ed Dy
Yo0rhef making inquiry as TO the reasons for the reg
ugtons IN tho Cincinnati and Boston Pcst-Ohccs 9fob
ting appointments therein of persons thirty ycaro Of
and thereby excluding Union soldiers H' bad read
Tesponsos TO inquiries o. the committee from Postmaster
General james and hs Predecessor expressing their re-
pret that such regulation had been made by any post
master and that under the usages Of the department u
was one which the local pOstmasters, who were socy
responsible the efficiency their employees had the
right 10 make; and something with which Tie Depart
meut had nothing to do. ..
long coil0qdy ensuod between Messrs. VOORHEES,
and FERRY AS 10 che responsibility for The reglIaon'
the latter cOntendng that there had been design TO eX
Cude any class from appointment and the former nam
tanning that In falling 20 abrogae IT, the POstmastcI3-
General under successive Republican Administrations
had gyennOtce to the country that to tho large post
Offices at Cincinnati and Boston no Union suidief Eeou
MT FTRRT said &c responsibility belonged If to any
on- TO Democrat AS Poot.nasteI-GenerI Key was me
first ard only head Of the department directly TO G-
prove the rogullton-ls SUCCESSORS having "heu Il" VI
fetal notice Of u.
Mr. VOORHEES, Dem, MOI aad General Keys Dem
Ocracy ended when he became a member OF Ihe hayes
Cabinet. ,
The colloquy finally terminated amid loud calls Tor the
regular Order. and motion then adopted dlccaIE-
lng the committee from the further Consideration u ~
Mr. FERRY rep. Nich) introduced hin providing
for the Issuance Of postal cards with heXe covers u
At 1908 D. IN. the Three per Bond bill taken
up, the question being upon Mr. PlGm6s amendment 10
apply the surplus revenues over SlOOOOOOOO 10 Ie-
d elton OF tho public debt
Mr.. BAYARD Diem, Dell suggested that the subject
OF specie resumption involved in the amendment was one
too important 10 be disposed Of summarily Hc conr0
verted the assumption upon which the Treasury was
Of metal reserve held the security Of the notes as
avertng possible financial panic and disturbance 10y the
very fact OF ITS existence lie dened the prOpiity OF
dealing with this reserve upon the basis OF private bank
Sir. SHERMAN Rep Ohio, hoped the Senate would
agree turn the whole proposition To the caIeIu
dedication of The Committee on Finance which wou
recommend both maximum and minimum limits for the
reserve state OF what the fund should consist and make
OthCr necessary provisions concerning gold deposits ana
tine issue Of paper based upon he He then read gurcs
just received from the Treasury Department giving
general balance account to the present moment 1t
showed the amount Of coin hand, including the
bullion fund SAL 077O0O, and TINS also lncluded over
S26OOOOOO OF fractional silver not legal tender and
about S2O,OO0O00 required tor ordinary Working opera
tons.
Mr. BAYARD moved to amend so as to require that
the 500 10000 retained in the Treasury snail be
OF standard value. He wanted the dollars 10 Do
Mr.. PLUMB (Rep., Kan signifed his willingness to ac-
cept the amendment he had supposed the only dollars
in the Treasury standard coin dollars, but upon
point made 10y Mr. GARLAND it was ruled that vote
Mr.. BAYARD'5 motion then adOpted-ayes 81;
Sir PLUMBs amendment was rejected-ayes, 25i
An amendment by Mr.. Hoar declaring that the bonds
bearing gig per cent interest to which the bills refer are
hereby declared legal elected continuance OF the ds
cussOn upon the ratification OF the funding OF The nTes
Mr.. VEST dem. MOI said he would vote against any
ratification, ana leave to tine Republican party the
responsibility for the transaction aud 10 the country 10
pass upon It's validity lie his protest far as
ne could 40 So AGAINST %nat the otere"y Id 9C rS IF
MI MORGAN Dem AIaJ said il was necessary to the
validity OF the bonds that the ratification should be
mnde. There were no Big bonds according to law.
MI. DAWES rep, Mdss) argued that the Govern
ment could not release itself from any part Of the con-
tract with the holders OF the bonds and had pro
posed do so, that the holders had the power
=
upon the solicitation OF the holders that the rate
reduced, not upon that of the Government
MI VhSI sad That the point wasas the huckserng
ana barterng by executive officer without act of
hr. WINDOW said ne would like to hear some more
specific definition u the particular which alleged
Mr.. VEST replied that that which he denounced was
the act by which the then Secretary Of the Treasury
without an act Of Congress authorizing him to do IT,
called the creditors holding five aud six per cent
bonds and said to them VIII treat With you in regard
10 ne terms on which these bonds shall be continued"
Mr. WINDOM-rhe Secretary Of the Treasury did no
MI VEor-The whole country knows the position of
that ma and there can b" no mistakes about it.
three days point out the law that had
been yulaedthe senator (Mr Ves had specifically ndi-
vetoed aud which never did become law.
MriNGALI.sand MrWINDOM finally became involved
in o controversy upon the accuracy OF the formers
assertion that the latter and Others in the debate mad
repeatedly declared that the transaction was yolun
ment solicitation, OF the q and pig per cent.
Mr.. INGALLS, reiterated the unrthfuness OF this
proof of the fact
Mr. WINDOW asserted that the exchange had been
precisely all the others made, aud that the
authority Tor it the in other The
believes the whole transaction TO be unc0nsitu
tiOnaL What does he propose TO do about III
Mr.. INGALiS-l propose to say that It shall be made
Mr.. wINDOM-You cannot say that if you think the
Mi INGALLs-WeI, can violate it just well you
can Great laughter1 80
MIR. WINDOM-Do you intend to vote TO return the diff
ference in interest to the bondh0idersf
Mr.. INGALLS-NO, don't. propose to say that, as
far az Congress is concerned this act shall not he DIS
turbcd but, when the Senate says IL can De Jstned
under the laws and the Constitution. deny It,
Mr. WlNDOMIs it not the duty of the Senator to take
some step refund money that has been unconstitu
tionay withheld from these people
MIR. Ingalls, don't think It is. would rather pay
gg vi BB SMH the Senator intend to pay any
part OF it out OF his pocket
Mr. INGALLS, shall II bill passes to that effect
| shall pay my share OF the taxes
Mr.. WINDOW The Senator does not intend to do any
thing To these holders the money that he thinks
was Illegally extoTted from theml
Mr.. INGALIs-I have not saiu anything about their
right to release their interest
Mr. WINDOM-If the whole transaction is Illegal, the
Government is to-day Withholding money to which tae
bOudhOdcrs are entitled ana the Nation Is IN deiaut 10
that extent Does not the Senator propose to do some
Mr. ISGALLS-Not to-day. [Merrment
M HOAR Sep., Mass said he did not think any con-
siderable portion Of the American people would concur
with the gentlemen who found fault with the secretarys
action. -,
and modified at the suggestion OF Mr. HOdr was theh
ddOpted-ayes, 43; nays, TO- 1t inserts the words,
4" which are hereby ueCldTtu Ndlu III INC
first section, making the section read: -" That
The Secretary OF The Treasury hereby
authorized receive at the Treasury and at the office Of
any Assistant Treasurer OF the United states and any
pUstal money order office lawful money Of the United
States 10 the $50 any multiple OF that sum,
ar any bonds United States bearing Big cent
which are hereby declared Valid and to issue in
excnunge therefor an equai amount OF registered or
coupon bonds"
Al this point pending motion for an executive SEES
son The CHAIR submitted messages from the President
transmitting the secretary OF the Interior drafts or
bills on several subjects among which making
add
There was transmitted letter from the Secretary
of the In relation to the COWBOY disturbances
in Arizona. in connection with which the President
called the suggestions In his annual message
for legislation to enable the General Government to
here na mP5a