New-York tribune., 1886-02-11
SILVER MEN R4MPANT.
DEMOCRATS ATTACKING OFFICIALS.
THAT wiLFUL NEw-OELEANS TREASURER - MR..
EDMUNDs's JOKE.

THAT WiLFUL NEw-ORLEANS TREASURER - MIR.
EDMUNDs's JOKE.
WASHINGTON, Feb. 10 (SpecinD. 1.-The House
Committee on Coinage, Weights and Measures to-day
heard an argument from Mr.. Jehies representing the
Knights OF Labor, in favor OF Mr.. Brumms Dill io tue
unlimited OF certificates the deposit OF gold ana
silver in the Treasury The Committee then discussed
the question as to whether it should make any report on
the general question OF silver coinage or ignore the
whole matter Mr.. james, OF New York, favored maS-
ing report on the question bu Mr. Bland AZ reared to
think it n matter OF no consequence report vi" po
made probably. in order TO place the subject 'orhy
before the and permit the members to talk them
selves ont on the silver question In both the House
and the Senate an uniriendIy feeling toward the Ad-
minisratiOn Is shown by the silver Democra's' i"r
better part OF sessions Of the Senate this week nave
been devoted to attacks on Secretary Manning ana
Treasurer Jordan while, besides the introduction OF Dis
practically nothing else has been done in the House
In the Senate the discussion started by Mr.. Euss
who offered resolutions directing the Committee on
Finance inquire whether 1t has been the custom ol
the Assistant Treasurer at New Orleans to receive de
posts OF standard silver dollars from shippers ana 10
issue certificates to their correspondents and whether
the custom has been changed 1t seems that country
hanks were I'm the habit OF shipping silver coin by ex-
press to the Assistant Treasurer in New Orleans who
gave receipt for it subct to count" When the coin
had been the receipt taken up ana silver
certificates issued 10 the bank In NewOrleans
the silver. Since the Administration came into
Office this practice has stopped The Assistant
Treasurer at New Orleans declared with the approval OF
the Department here that II was not his business 10 act
as depostary or intermediary in the matter of ship
from bank another, and he declined 10 give
any receipt for silver. He would accept for exchange
into certificates no silver dollars in any one day
than could be counted and verified. This change has
been great to the country banks III the
adjoining States They Obliged to ray ont siIvet
dollars and they becoming such nuisance In Texas
and adjoining that Mr. Eustis declares that the
merchants are refusing them except ut dis
count declares that while this custom OF accepting
shpments from banks and giving receipts subject to
count has been discontinued at New-Orleans IL
still prevails at the Sub Treasures In New-1ork ana
elsewhere and argues that the change was made In
Orleans to make silver unpopular in tnat part OF
the country In his speech Mr.. EuStis inmitcd that
to his mind Treasurer Jordan had violated the law He
said that silver Disseminated against and that gold
was received where silver refused
This led Mr. MlXey to day t. bring ou letter 10 the
Treasurer banker in Texas asking If he could ship
gold coin and get in return ereenback silver certificates
or National Bank nOtrs without cost or carriage The
Treasurer rel lied that he could not.
Mr. Coke-Somrthing has been said about an attack
on the Administrations" helped to INT this Admins
tratiol. power Ny state Texas gave - 1000 pop
uar majority for the Drmocratie tcsct the largest
maturity OF any state IN the Union. Ihrrn are 40
newspapers in Texas aud know but four of them that
snnp,rt me Executives Department Of Government in
it, war on silver make the Administration
hut believe that public Office Is public trust" aud
tine trust conferred on me by the people whom
Mr.. Gcorcs-i believe the action Of the Assistant
Tra at NewO Orleans entirely i'll accord with the
Mr.. Coke Has It not been the custom under all
former administrations for the Assistant Treasurer To
give receipts, until the moaey was counted
Mr. Gc"rse-SUcn custom is illegal if 1t ever existed
Mr.. CoSe-iS there any law agalnst ~ .,ui.,
construconi-t my friend from Texas lNlr Coke to
make such inquiry rather singular II Is sufficient
Mr.. Edmunds-wry does not the Administration turn
put this Republican rascal and put in Democrat who
MIR. Coke-Is he "a Republican,
Mr. Coke d. yhot teo mons politics es9
the present Administration
Mr.. Edmunds. (regretflllyl-Well, 1t is a very bad
The matter then went over.
While this discussion has been going in the Senate
Messrs Weaver, Warner, Mills. and other silver advo-
have been making extraordinary speeches in the
House. Mr. Weaver denounced the men who want to
suspend the silver coinage as "cormorants" " and
spectators 10 gold and blood" Vanderbits enormous
fortune he said the result Of tLe conspiracy against
silver and he added tho conduct OF the Treasury
officials since silver restored is complete defiance
OF the Law aud the Will OF the people"
In the Sehats to-day Mr.. DOlph submitted amend
ment to Mr.. ShermaD's silver bill whicL ordered
printed. In the original O 1t is prOvidsd that the
amount OF coin certificates at any time on tsandnR
should exceed the cost OF the bullion purcha SOS hy
such certificates. Mr.. Dolrhs amendment is to strike
out the words Tho cost OF the bullion purchased by
such certificates" and make the provision reud fol
lows:
The amount OF such certificates at aLy time outstand
ing snail not exceed value OF bullion
the Treasury plTchased unor the Provisions OF TINS act
aud retained security Tor such cethcates and when
ever at the OF any fiscal year outstanding Ger
tiHcates shall be In excess IN amount or the market
value OF such bullion, the Secretary Of tao Treasury shall
retire and within from circulation amount OF sucn
certificates received by the Unte1 states for customs
taxes and pnblc dues equal to such excess until
such time the be put In circulation without
increasing the amuunt such certificates beyond the
ma Valub OF such bullion.