The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1884-12-18
STRIKE DOWN SILVER CURRENCY
sherman Answers Eyasively and IL ST.
fenced by Hiii, of Coiorado-rhe
senate Passes the Dakota
BiII-Its Provisions.
A vlCToRYFoR THE REAGAN BILL
XLyIII Congress


The bill making temporary provision
for the naval service WAS reported by
Mr.. HALE from the naval committee,
He gave notice that he would endeavor
TO call it up Tomorrow.
Mr.. LAPHAM presented remcn-
STRANGE against the ratification Oh the
| Nicaraugan treaty, hut
Mr.. SHERMAN raised the point that
the treaty was executive business, had
not been ordered published, and remOn-
strances should not, therefore, be pre-
scented in executive session.
Mr.. LAPH AM thoreupon Withdrew
the remonstrance
A resolution was agreed to, calling ON
the secretary of state To communicate tn
the senate al possible information RS
garding the extent and character OF the
foreign rade of Mexico, the Central and
South American states, Cuba, Porto
Rico ana San Domingo, to include, II
possible, Il detailed statement oi the
value and character of manufactured
and other articles, comprising me I'M
ports and exports OF such states ana
islands, and ALSO the share of The United
States in the trade of each, ana the pUr-
ton OF such imports and exports that
are transported IN vessels belonging TO
citizens Of the United States.
The unfinished business, being the
Dakota bill, was temporarily laid aside
TO permit MIR. Beck to continue ais re-
marks of yesterday on the silver ques-
ton.
Mir. BECK repeated that silver had
never had fair treatment from any oi
our administrations nor any member OF
il. When we issued our bonds, ne said.
they were payable in com OF the
standard value of United States gold
and silver coin, and the senator
from Ohio, (Sherm NJ when secretary OF
the treasury, was required ny law To
devote the coin Received from Gu toms
To the paymeiit OF the Interest uii the
public debt. Yet that gentleman had paid
only uold, and had said he had paid that
because il was preferred by the custOui-
ers. When the law required the secretary
to pay out so'' ething, IL WAS not for him
to say customers wanted something
else. Officers si the United States were
seeking 10 strike down silver, while we
were producing 40 per cent.
of the worlds supply OF mat
metal. Mr.. Beck wanted some admin
i,tration that would say to the 81 yer
countries that we Should stand by them.
ave could wait sixty days, THANH God,
until the enemies ot The silver blil dis
appeared from the capitol before letting
the world know that we or posed III
good faith to mai itain the currency,of our
country and nav our bonds according TO
our bonds according to Obligations"
Mr. Beck characteriz as ''simplv inn
pudeul," the recent statement OF the
comptroller of the currency that the sill
yer coinage law was unworthy this great
nation. No officer OF the government
had right to MAKE such a statenent ~
the legislature OF the natisn.
Mr., SHER VI AN denied tn 1t any Off
Ger of he United Sxites had made the
attempt to strike down silver or dis
criminate against it. From 1862, when
the law referred To was passed, there
was no silver dollars in circulation that
.ould he applied to the payment of cas-
toms dues, consequently no discrimlna
ton had heen made against silver The
statute spoke OF coin, but there had been
in existence no coin except gold,
and that was received ana
paid There was no law
to require discrimination against gold
or compel the payment OF silver ana the
United States government had paid To
its creditors Tie hiud of money they
preferred, not AZ a matter of right on
The part of the creditor, but AZ n matter
of commerce, and according to the Gus
tom %. banks and moneyed institutions
generally.
MIR. Sherman defended the comptrol
Ter of the currency, who, he said, had
expressed his views like man. Much
deuagugism had been tnrown around
the silver,questiou, hut the real question
was whether the United States could
arrest the march of time and turn the
dial back ward and make gold and silver
of equal value. 1t could not be done.
The question for the United States TO
consider was whether we should go on
piling these silver dollars in our
treasury as idle money or suspend it for
time, while considering, in cOnnec-
ton with other nations, the mutual re-
lationship of gold aud silver. Within a
few months he would admit new adj
ministratiOu would come into power,
aud he committed this question To IL.
If newspaper accounts were true, his
honorable friend from Delaware (Bay-
ard) WAS to be secretary of the treasury
to that administration. II so, he would
have this question 10 solve, and II he
could so!ve j., be (Sherman) would fol-
low him with pleasure. He did not an
ticipate his Democratic friend would
find less difficulty III solving the ques.
tiDn than others had found, and he be-
lieyed the new administration would
have to solve it in just the same way
that the Republicans would have to
solve il If Republican administration
was again coming into power.
Mr.. II Lii said the treasury bad never
paid doiiar IN silver or silver certiii-
cate in making payments at the New
York clearing If IL did 1T
would be able To pay out every silver
dollar in the treasury.
After further debate the matter was
dropped AMI the Dakota bill was then
taken up. The Question was on the
adoption of MIR. Garlands substitut !,
which WI as lost 10y party vOte-yeas, u;
nays,, 81: the Democrats voting IN the
affirmative and the Republicans voting
in the negative.
The bill was then voted on substan-
italy a IL came from the committee on
territories and passed, also bv party
vote--yeas, 81; nays, %; the Republicans
voting in the affirmative, and the Dem
Gratis in the negative.
The bill pow goes to the house.
Mr.. CuLLOM called up the inter
state CONNER bill and IL was laid be-
fore the senate, so it will become unhn'
ished business to morrow.
Mr.. PLATT gave notice that on the
disposal of that measure he would move
that the senate take up the bill to pro,
vide for The { rmation and admission IN
To tho union of the state OF Tacoma,
washington territory)
The Bill Tor the admission OF Dakota
provides for division of the Tertiary
on the forty-sixth parallel Of north lati
tude, that part north Of the line TO re-
main n territory under the name Of Lin
coin. Ihe people of the southern por'
ton are 10 hold convention and adopt
a constitution not rcpugnant to the CON
stitutiou OF the United States,
which proceedings and constitution
snail be reported and submitted to the
president Of tho United states by the
Governor of the territory; whefeupOn
the president shall, by proclamation, de-
clare the new state admitted into the