The Waco daily examiner. [volume] (Waco, Tex.) 187?-1888, 1886-01-21

AsIIIN,8TON.


/ NNfh
WAsIuNGruN, January 2O.-Ou the
opening OF the senate to-day MIR Hale
offered the following resolution.
"lesOlvcd, that the secretary of the
treasury be- directed to forward To the
senate all papers ~ relation toa con-
tract let to- liraiucrd n Go. or to other
parties. tor the work. or any part Ot
the same, of putting M additional
story on the Peoria, lll.., po.toilicc IA
lsst. also. all protests filed by the
labor league IN relation thereto; also,
u copy oi the protest filed los ~trnuh
n Company of Buffalo. \. =. giving
information that the work of -uid
contract would hG performed 10y cuu-
Wet labor and that consequently CON
tractors, who employed free labor
could not afford 10 compete for the
| work ." The resolution wa, agreed to.
A resolution was offered by Mitch
ell, of Oregon for reference to- the
committee of iurcigu affairs, aud Wa.
80 referred. calling ON the secretary
OF state tor copies of all correspond
cucc between the nitrd states gov
crnmcnt and the Chinese govern
mrut since the PRONUNCIATION ct our
treaty with china, having reference
To the enforcement of the treaty proc
| visions.
MoNHul's SILVER scitrNE
Morrill, then addressed the .cnntr
on the silver question. Mr. Morrill,
denied that there had been any tall
urc on the purt of treasury officials TO
comply with laws regarding the np-
plirntiuu of money received FROM cu--
toms dues. II would not be- contend
ed. hc -nid, 10y mNhudy. except per
haps the senator from Kentucky, that
ns each piece of money was received
lat the custom house. il was to- he
branded aud set apart in q separate
compartment; il Il Wa- in the treasury
thnt was enough. by the report of
the 'nitcd states ttcu,urcr MIR. Nor
rlil continued, it appear, thorc is
somewhere in the treasury lG5.J3j,o ,ouU
of standard silver dollars. which wr
arr strugglngtn fluid how and where
To safely store until by some miracle
thrl can find more favor in u wicked
world. The per ccutagc of these dol
lar, In actual circulation, outside oi
the treasury, II also appears has been
instantly grow ing less sine,
1881. making them ~ per cent
aud now only 1875 per cent. We hrv,
, coined over S9l5,OOO,OOO silver dol.
hrs and have only been able Mt ANY
time through such cost and tribumu
, tiOn 10 get not quite NGuWOuUu In
., spnsmodic circulation. People do not
, like to hr compelled by law to carry
IL. and we do not receive 1t here,
| ourselves, Wltn nnN prhisrWurth
, rordiality. The other condition +
sumcW hat like that of one Oi our di-
| tiugui>hcd humpriN- who, in our luil
y, war, would not enlist himself bui wa
very willing that Nil of hi, Wlic'- rclu
tiun- should. Whenever the govern
I mcut, from inability or from iudispo
, -itiuu, shall fail To maintain the silvr
' dollnr at par with gold all of the -il
yer certificates, ~ well ns other papc
currency, together with the silvc
4 dollar itself viii tall to ia,
cXuct commercial value oi the bulliul
contained in the standard silver dol
lnr nll our legal tender must the
stand on that basis. There is no iinull
J, cial or legislative witchcrnit that oI
+ tcrs any other iutc. The senate
from kentucky lIicck) of course cN
pcclcd 10 carry the empire state j
lsSS ON his platform Not hnsr
eligible A4n candidate tor the pres
drucy, the distinguished senate
waves his banner, reckless of Nh
clouds without any silver lniu
l which there bctokcn the fate Of M
democratic son of New Iurk VII
4 may seek to conquer under that sig
r- The inevitable result ot using silyl
in payment of the public debt wouI
be to hnnish gold, or twO-tlIird- of Il
- our present metallic Clrculatiu
aud leave us with uuihlu
\ but silver coinage our li'
>, or six hundred millions
gold would soon command u pr
n MUM, and 90 where il might,
IN would have more appreciation nnd
departure could not fnil toproduca
serious monetary crisis A contra
traction which congress would
N promptly asked 10 cure by mn indie
mite issue OF II new edition OF leg
tender grcGnbacks or by the rcviN
of wildcat banks to supply the plH
Of the departed gold. This or un
id thing, the supreme court hns alrra'
uc announced congress may do nt
pleasure. such step once tax,
however, the experience Of the wOl
shows ii cannot be- rctrurcd. \
s- Morrill, continued, saying that pub
faith was pledged tu the p
mcut Of bonds, both principal a
interest, IN gold and that ,
credit would be dishonorcd by p
10" ing them OIL ia silver worth but
cents on the dollar Nnd conclu,
~ fOllOw-: "lhc tAct that the pr,
dent aud secretary Of the trcHaury,
treasurer, director of the mint n
nu the comptroller of currency, the
pcricnccd treasury officials, no
under the present admiu'strnt
than under preceding our-. are
agreed in urging congress TO o.,
w the present carriage of ihc silver ,
" lar. goes tor uuihlu" with llic -,
tors. The -cuulur from k'utu
Z lMr Bcck) nnd bis uhr' i.ut follow
~ have sHid that td stop thr roiuUg
silver mOuC, In urdert TO mukc NJ
money more valuable was like 81
ping the grinding of wheat into II
in uulrr go mrrC wheat more yu
BILE. The question wn- 20 .u-pru
now and moi 10 Resume coinage,
argument merely showed thal 81
was good enough for every body
the bpudholdcr who was
AA~' Ouly person who tad
writing agreed to take
The banker, and hondholdcr
WAL street. Mr. Beck a-scI
were gambling on the
fortunes ol the people aud should
ne all lwcd to strife down ouc-ha
- the coinage OF the world. This
y guYOrnmef1 ot the people aud