The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1885-02-27
r,no MINDED Sessions Of
D0D7 the SolOns. 45so
SILVER BILL DISCUSSION.
ting Debates in Both Houses
mr. me House of Commons - A
Big Hoax.
The Senate.

chair laid before the senate the Gre
Santials OF the reelection OF Senator
ZONES, Of Nevada.
Hale from the committee on appro-
,istions. reported, with amendments,
tbs regular annual naval appropriation
IN Placed on the calendar and or
Jo,ad printed. The bill was accom-
.nied BY a report which was also Or
5arod nrinted. Hale said ne would en-
J desroT to call up the bill tomorrow.
Sower from the committee on rail
DDS reported fayorahly the bill, al
.ooj nassed the House, extending the
''rogisious of the Pacific railroad con-
iptrretion act to such roads as may be
constructed through Niobrara valley.
Eosr introduced Pacific railroad
fundfnp bill, containing, he said, "the
nrovisions of the bill already reported
rom the judiciary committee, butwith
some amendments suggested by ex-
uerienced Senator's, while that bill was
an the calendar. The bill stood, as he
snpDosed. as the order of business that
would be takenup in the regular course.
arcept appropriation bills and the sill
yer Bill. but it was unlikely it could be
considered this session. 1t deserved
serious attention, and might involve
considerable discussion. He thought it
useless therefore, to refer to. the judi
ciarv committee the bill now intro
duced, but be introduced it for the in
formationOf the public. He expressed
the hope that before next session the
matter would receive the careful atten-
ton of business men Of the country, so
Congress might have the benefit of their
suggestions as to the justice or injustice
OF the measure. He moved that the
bill be printed and lie on the table
Agreed to. III $50. -
ingalls, said a short executive session
was desirable, and moved that the
Senate proceed to the consideration of
executive business.
Democrats opposed the motion, and
called the yeas and nays. The call re-
suited, yeas 81, nays %, and the Senate
went into executive committee.
When the doors were re-opened the
Senate resumed consideration of the
legislative bill.
All the amendments yesterday pro-
posed by Senators to increase the num-
Der OF annual clerks to the Senate COM
mittee's were voted down by vote SO
yeas to 10 nays. The Senate agreed to
the committee amendment striking out
the House section providing for new
appointment and election in the Terri
tory OF Wyoming. The bill was then
'ead the third time and passed, sub
>tantlally as reported from the Senate
committee on appropriations.
The silver bill was then taken up.
Sherman said he was willing to vote
loF the bill as it came from the Senate
committee. Two questions were in
vowed IN 1t: First, Should the trade
dollar be redeemed at the par
" gold, and, second, whether
Tue coinage OF the silver dollar
SHOULD ,5iH be discontinued in August IS.
Ivy. lie maintained that there was no
oOigahon, whether of honor, law or
pu9hc policy, to give the trade dollar
ana preference over silver bullion pur-
y 81 In open market. Those dollars.
me IKE. silver bars, had been issued for
ouinon purposes, and for trade only
i ny Ior circulation. After reciting the
uLLsvoly OF the trade dollar. Sherman
l IssoS u mat the bill taking away its
-w rHI, eta f quality had been passed
VHph objection being raised.
mani s Le.Son asked why the govern
fends s'l I.,Ii!l nave taken away the legal
ont mn D-oql isnty OF the trade dollar with
Sbs rO'.u'tlg ior It's retirement.
arov iii,aA replied that to have talked of
trade JoI5 Iof t1e retirement of the
min uollaF, When the law was passed
wonIf way way Its legal tender quality,
dollsr Ia lave been folly, because that
on tho ~; at the time, worth Is cents
monar uo n, more than United States
bafto. = Ierhaps 1t would have been
tms h u an arrangement had, at that
trsdal O' gun made, permitting holders of
graanb. uHouars to convert them into
smnir, a WY, but it would have been
l ar!p considered iudicrous and r;dicIi-
Iin rior 5he S,n thought the fact that
leSs dates paper money Was worth
sgn , .Lali gold at that time was no rea-
baan NY the trade dollar should have
nsjir 1oooed Of its value as a Circulating
girsn rU =. What notice had Congress-
iessSi' tle holders of that coin thai fine
sFs sv tender quality was to be given
er s1eEEnan said the law was notice to
Otn5sooay. Owing to the appreeiation
cane Fep ofi money in 1877, trade dollars be-
Sbe a,T =. less value than paper and while
nav b nis Sympathized with those who
nUt sa aolg trade dollars, still he con1d
goYernnoonney had any right to call on
more 1laa linen to repair their losses s-. an nv
OF oos -nan L they had lnvestedin wheat
ton 1o az :, although there was no obIiea-
Congress e part of government; vet if
deem u chose to pay S. 900 coo to h. re-.
not obiaos CONS, he (Sherman) would
bad ba5!eeSc:L 1t would make good some
Bill sto5a l'ns OF bullion dealers. If the
SherTmSSs9ol as the house had passed lit it.
S os5 by the S senS opposed it but as
trausaeGioUSse Tor it. An commercial
nan I co,E in the United s fe sber
since Is;@.7sii med, were based. and had
iat, . S,lO Oeen based on the gold dol
market yo Al grains solid gold. The
steadily dos, Of silver bullion had been
S sois.O Of thS the ast since the pas
The eject u standard silver dollars
sTery y; so sharp as Sc ia .s contraction Of
se In the country 5 The ne