Morning journal and courier., 1884-12-16

the gold would be hoarded and sent abroad and the silver would be left to meet the or dinary transactions of life and this would bring about contraction of currency of the most disastrous kind Whilst the balance of trade was in our favor (as it had been during the past few years) it mat ters not what we had for money. When the balance of trade turned against us then would come the drain on gold and it would be too late to apply the remedy. He would stake his reputation that if the government of the United States would coin silver dollar of the market value of silver or nearly so it would become the mar ketable dollar of the world Excluding the S4l ,0O0, ,0O0 of silver dollars in circulation which, of course, ought to be redeemed at par, there was money enough in the treasury to the credit of the silver coinage profit fund to make every dollar good without loss to the United States. The expense of recoinage would be less than half cent on the dollar He hoped to see the day when the silver dol lar would be improved as our fathers would have improved it.; would travel side by side with our eagles and double eagles-the stan dard of the world
 MT. Allison contended that it was only by an international understanding for com mon ratio that remedy could be found He had been unable to find in our dipIomatic correspondence any indication that an hon. est, earnest effort to bring about any such understanding had ever been made
 Mir. Beck expressed the opinion that the silver dollar had never been treated with or dinary fairness by the government of the United States and no one had been more conspicuous in his hostility than the Senator from Ohio while Secretary of the Treasury, who had refused to pay out the silver dollar on interest of the public debt, although the law required him to do so.
 Without action on Mr. Hills resolution the Senate at 5:1O D. m, adjourned
 HoUsE.-A number of bills were intro dueed by members, among them being the following:
 MT. Cox, of New York, offered resolution calling upon the Secretary of the Navy for information concerning the death of Freder- ick s. Strong, late a cadet of the naval academy, alleged to have been caused by cruelties practiced upon him by senior cadets; referred to the Naval committee.
 MT. Hopkins, of Pennsylvania, from the Committee on Labor, reported a resolution asking of the attorney general whether in his opinion the eight hour law applied to letter carriers; agreed to-.
 MT. Wilkins, of Ohio, in behalf of the Committee on Banking and Currency, moved to suspend the rules and fix Thursday, Jan uary 10th, for the consideration of the Sen ate bill to provide for issuing circulating notes to banking associations, known as the McPherson bill, and the Dingley House bill to authorize the Secretary of the Treasury to invest the lawful money invested by national banks in the redemption of their currency. The proposition was resisted by Messrs. Yaple of Michigan land Potter of New York in speeches vigorously assailing the national bank system.
 The rules were suspended and the resolu- tion agreed, to; ayes 174, nays 87-just the two-thirds vote for it.
 MT. Lacey, of Michigan, from the Commit vIToirr oReo to suspend the rules and pass the House bill to prohibit the issue of treasury notes of less denomination than $5 and to provide for the issue of one, two and five dollar silver cer- tifcates. The motion was disagreed to; ayes 47, nays 216-not two-thirds having voted in the affirmative.
 The chair announced committee of one representative or delegate from each State and territory to attend the opening cere- monies of the New Orleans exposition at the executive mansion at 12:30 tomorrow.
 MT. Peters, of Kansas, moved to suspend the rules and pass the bfn to promote the efficiency of the revenue marine service The House by vote of 77 to 93 refused to second the motion and it was not further considered.
 MT. Arthur, of South Carolina, moved to suspend the rules and pass bill to create a department of agriculture. The rules were suspended and the bill passed; ayes 166, nays 69.
 A letter was read from the Speaker desig- hating MT. Springer, of Illinois, as Speaker pro tenn. during his absence at the exposi- tion ceremonies at the executive mansion to- morrow.
 At 5:10 the House adjourned.
 EdsOn's Names Laid On The Table.
 NEW YORK, Dec. 15.-The Mayor this af- ternoon sent into the board of aldermen the following nominations: For commissioner of public works, Fitz John Porter; for corpora tion counsel, Morgan J. O'Brien. Both nominations were laid on the table, Chandler for Senator.
 CONCORD, N. H., Dec. 15.-The rumor is current in political circles that Hon. Will liam E. Chandler will be appointed United States Senator by Governor Hale for the in- terim between the expiration of Senator Blair's term and the election of his successor by the legislature