Morning journal and courier., 1884-12-16
4sth Congress---second Session.
NAsH1NcroN Dec 15

" ASH1NGIONS bcC 1O
 SENATE-Mr Ingalls,, from the Committee on Judiciary, submitted a report on the legislation necessary to restrict the appoint ment of special agents and detectives in the department of justice; ordered printed.
 Mr Merrill introduced 8 substitute for the House bill relating to the coinage of the silver dollar, providing for the suspension of the purchase of silver and the coinage of silver dollars whenever there was an excess of silver coin in the treasury over silver cer- ti6cates of$70, ,000, 900, and the resumption of coinage of silver dollars when the excess of coinage over certificates was less than $60,- GOO, 900; also providing for the purchase of the trade dollars as bullion; referred to the Committee on Finance.
 The chair laid before the Senate MT. Van Wycks resolutions reciting that the Span ish treaty had been made public by the King of Spain in advance of it's submission with due so1emnity to the Senate, and as the treaty involved important measures of revenue and no diplomatic secrets, it was expedient that it should be discussed in open session.
 On the consideration of the resolution MT. Hoar moved for an executive session MT. HaWley seconded the motion and shortly be- fore 1 o'clock the galleries were cleared. After fifteen minutes the doors were opened and the order resumed In executive session the proposition to consider the Spanish treaty in open session was discussed and MT. Van
  referred to the Committee on For eign Relations. In open session a num- Der of remonstrances from cigarmakers and others against the ratification of the Spanish treaty were presented and referred to the Committee on Foreign Relations. MT. Sherman asked if it was proper to receive these renonstrances in public session The chair ruled that it was, the Senate having removed the obligation of secrecy as to the treaty itself and ordered it to be printed for public information. Mir. Sherman remarked that he only asked for information as this was step in the direction he desired the Senate to take, which was to discuss the whole treaty in open session.
 The Senate resumed consideration of the bill for the admission of southern Dakota. MT. Garland offered an amendment to sub nit the question of the proposed division of the territory to 8 convention of the people Mir. Garland explained that there were three simple propositions embodied in the amend ment which he proposed as substitute for the bill: That there should be conven- tion elected by the qualified voters of the territory. 2-That the convention should frame a constitution to be submitted to a popular vote. 3-That by an ordinance of the convention the people should be called upon to vote upon a division or no division.
 Mr. Houston said if the senators on the other side would offer an amendment simply providing that before 8 constitutional con vention should assemble at all under the bill, the distinct question of division should be submitted to the popular vote, he would accept that amendment the more read fly as it affords some hope that the measure would pass the other house. The objection to the plan of the senator from Arkansas was that if the vote of the people should be in favor of division the whole work of the con vention would have to be done over again.
 By unanimous consent the Dakota bill was informally laid aside to take up MT. Hills resolution declaring that in the opinion of the Senate no valid reason exists for impos- ing any new or additional restrictions upon either the coinage of the silver dollar or the issue of silver certificates. In urging the adoption of the resolution MT. Hill said The recommendations of the President and Sec in view of falling prices and singularly ilrtined be- cause of the unfavorable influence they would exert hed en the feent of next month He charged that the real objects of these high officials not money, but to destroy the circulating value of that now in existence The Secretary's statement that was untrue and amounted to an open deance of the lawmaking power to which he and all executive of | fcers owed obedience. There never had been g The only word used was 'scoin'' and the iawmakine 6g aR Rs a snee e passage of the silver dollar coinage act the govern @sas teaes hAo or 1eT ere itself s ered tors Of every description, including the holders l had been growing stronger instead of weaker. | was only in it's clearing house transactions with | tain fundamentally the banks of New York-that but god or greenBaeks gree This was practical nuii W tnowidge o ef the late u and present see retary of the Treasury and it was the sole cause ! ury to-day. The consumption of gold in the art and for rsga sPssy gss d 6y ts rre of the director of the mint as to the annual golC production of the world to such an extent to bt gea eqaa Re 2I Sde Pa Pro dnction of gold .n was of cGErss possible bH decrease was equally possible and more probable Thus while eons5santly increasing exchanges ano l 1t was proposed, by striking down silver from it world to give them less. Then there was the addee danger, if silver were withdrawn from oireulatien yer to gold thereby increasing the drain on gold t l unknown dimensions. He believed g general bi adopted by the leading nations of Europe but fo the distrlst inspired by the recommendations o U Ul M haa hcf Es room for tie storage @ of the the sYe sFs aas ss g9qs e Af ya asaf Gi sP atsaes a6sd 6s | of $90G, G,GO000 in dur money of silver coinage which was more than all the standard dollars frae vaults and mint oF the United staIes, The snpsia roasge 2 s9i g sveF aella5 ShGs keP this this county and the demands of trade wh
 
 ducing country of the world, attempt this danger ous eIpermento of suspending it's purchase and coir l age?
 Mir Sherman made an impassioned speecl in explanation. He said he had purposel I avoided for several years discussing the silve question for the purpose of giving the silye coinage bilLa chance. He had always be lieved that the bi-metallic standard was tn just standard of value, but the two standard should be made equal The experiment C the silver bill had been tried now for seve years It had failed to restore silver to it old relations to gold. On the contrary, sine the passage of the bill silver had steadily d. clined in value. It was shown that the si i yer dollar would not circulate among th } people, Nemap, even the most ignnFan i, would hoard It. There were SS44, ,06O, ,000 ( r gold held by the people of the United State against $41, ,000, 900 only of silver Not dolls , of our vast accumulation of silver dolla1 could be exported to anywhere because the markets of the world 4S0 grains of silvs made lnllas and the silver dollar eontsine
 only 4ia grains EhAf was why the pdap P of New York, who dealt so largely iii foFeia
 exchanges, refused to take the silver dolla : Business men used weights and measure not nominal coin. In the event of pan