Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1886-07-31
XLIx Congress.
THE SENATE.

providing that the extradition treaty with
Great Britain be considered with open
doors It viii be so considered when the
treaty comes up The secret session
lasted only few minutes, but the gal
lerles, upper corridors and committee
rooms were cleared Of all occupants.
The senate resumed consideration Of
the house Joint resolution directing the
payment Of the surplus In the treasury
on the public debt, and was addressed by
MIR. Teller, in continuation of the speech
begun by him Yesterday, In favor of the
original resolution and against the
amendment reported by the senate com
mittee on finance.
Mr.. Vance spoke IN support Of the
resolution az 1t came from the house. IL
was plain and simple, and the plain peo-
pie OF the country not learned In the tech
nicalities OF finance so regarded IT,
Mr.. German addressed the senate on
the resolution as amended.
The debate was Interrupted TO permit
the chair 20 announce the appointment Of
Messrs. Dolph, Teller and Cockrell as
conferees on the bill to forfeit the lands
OF the North Pacific railroad.
The debate was resumed and con-
tinued By Mr.. Mcpherson, in favor OF the
amendment proposed by the committee
on finance, and by Mr.. Whtthorne in
favor generally of the house resolution
and partly in advocacy Of the bill to re-
store the proceeds Of cotton in the treas
ury and by Mr. Mccall on the silver ques-
tion generally, but especially against the
resolution and amendment and In favor
Of leaving the whole matter in the hands
OF the secretary of the treasury
Mr. ElutnUHg u4nHaH N uuaqnI tho
amendment TO the "surplus" resolution
by substituting the president for the sec
rotary the treasury so that IL will
read "When In the opinion of the
president public interests shall require 1t,
he may direct the secretary Of the treas
ury to suspend further call, p" etc.
Agreed TO.
Mr. Coke moved to add the following
provisions "Provided that such suspen-
sion and the reasons therefor shall be re-
ported TO congress within ten days after
It's next meeting, or Immediately II con-
gress shall be IN session."
Agreed to,
Mr.. Maxey spoke in favor of the house
resolution. He thought the senators
might as well 'face the music" The
resolution Gent by the house requires
bonds TO be paid cut of the surplus
money in the treasury, whether that
money was IN gold or silver, while the
flnsnce committee of the senate was OPP
posed to that policy and determined that
silver coin should not be paid out Let
1t be disguised as 1t might be, that was
the whole Of 1t.
After speech by Mr. Chase In favor of
the committees amendment, MIR. Plumb
moved TO strike out the clause giving the
president the right in case OF emergency
TO suspend the call.
The motion was rejected, yeas, 90 (;
nays, 80.
Mr.. Eustis moved TO insert the words
''including the payment of bonds and the
interest thereon, the same being under
existing law payable III gold or silver
coin, at the option of the government"
Rejected, yeas, 26; nays, 81.
The committee amendment as amended
was then agreed to, Yeas, 81; nays, 81.
Mr.. Sewell moved AZ an amendment to
the bill for the receipt OF trade dollars at
their par value,
Mr. Edmunds moved to lay on the
table. Rejected, II to 81
The amendment was then agreed to,
Yeas, "a; nays, 20.
The resolution and amendments We're
reported to the senate Then vote WAS
taken on the trade dollar amendment and
II was agreed to--yeas, 30; nays, 80i the
Texas senator's voting yea.
Mr.. German moved to lay the Joint res
olution on the table. Rejected-yeas,
o; nays, o.
The resolution was then passed--yeas
~; nays, 20; the Texas senators voting
in the negative.
The joint resolution as passed is al
follows:
BE II enacted etc, that whenever thu
surplus or balance In the treasury, in
Guiding the amount held for the redemp
tion OF United States notes, shall
exceed the sum of 100000 900, 1t shal
be, and is hereby made, the duty Of tn
secretary of the treasury to apply sue
excess In sums not less than $4,000, 90
per month, during the existence of an
such surplus or excess to the, payment o
the interes' -bearing indebtedness of tn
United States payable at the option O
the government. The surplus or balanc
herein referred to shall be the availabl
surplus ascertained according to Til
form of statement of the United State
treasurer of assets and liabilities OF tn
treasury Of the United States employe
June 30, 1856.
Provided that no call shall be mad
under the provisions of this resolutio
until sum equal to the call Is in tn
treasury over aud above the reserv
herein men ioned, and
Provided further, that the secretary Q
the treasury In his discretion may have 4
the treasury over and above the foregoin
sums, working balance not eXceedin
twenty million dollars, and whenever /
case OF extraordinary emergency nc
now existing, and when, because thereC
In the opinion OF the president the publ
Interest shall require II, he may, by
written order, direct the secretary OF tn
treasury to suspend further call for IN
payment OF such Indebtedness for sue
period OF time as shall be necessary I
maintain the public credit unimpaireC
and that such suspension and reason
therefor be reported to congress With
ten days after the next meeting, or INN,
dlately, II congressshal be In session
That for the period OF six months aftI
the passage hereof United States trad
dollars IL not defAced, mutiiated {