Seattle daily post-intelligencer. [volume] (Seattle, W.T. [Wash.]) 1881-1888, 1886-01-20
CONGRESSIONAL
senate.

p~n,sylvania az one Of TIE directors
Sshe National Soldiers Home. ia pi.ce
= General Mcclellan, deceased. fhe
,ssoiution passed.
Nsyr,sop's resolution OF yesterday TO
.sni, Moody OF Dskots 20 the foor Of
- Senate vas laid before the senate.
va said be yielded 20 no man 10
..rrsssy b. a political or personal oppo
ss,t hot be thought the people whom
uccdv represented bad not been oour
- n the Senate, and Vest believed
49, soortesy should be reciprocal.
T,sse peopl. b I'd acted against the de
sssrste parliamsntary action Of Con
- and b d ia en- action that Vest
sssisrsd 10 be revolutionary. He de-
- that DIX ia vas a state. either de
- 4, DE- Saeto, or that il could become
-;thoat the authority II Congress.
r.. caotsd the remarks Of Judge Camp
-, "a the fl sct that Dakota Ia a
.sst q become State in spite of Con
80 Referring IN Hsrrison's .llus,op
,sgtsydsy tn Thomas II. Benton.
vi Der led that there Vas any analogy
,Hveru the case of th- admission of
III OAR srd this CAS-, presented for
flskota. Benton had discharged his
AR, ss q sen .tor, and Missouri took
.,;de 10 his d stIpguIshed oabiic ser
-. bat Vest did not agree With Ben
In llylag and di ! not agree With hIm
Sesd. Il would not be peculiar. be
~. N Utah shonld come here With a
sooaitutisu R-publicsn 10 fern. and
h thsoahs Harrisou's precedents might
thsp becoms interesting. He knew the
resolusion would be adopted, as IL VAS
A. ha ku
Committes on territories.
Harrison DENIED that IL was part OF
sny program. The resolution was in
ncducsd BY himself without any rcfer
ssss % the committee. He defended
ysdes Moody against the aspersioas
which Harrison said. had been sast
spon him By Vest. Harrison denied
NAT there vas anything exceptional IN
The eousss pursued by D.kots 70 gain
sdmiasou. II bad never BEEN said that
like couYss, when pursued bv other
Tsrritories, had been di,respectful TO
Ooaert..
hY. lnsslIs' resolution OF yesterday
vss placed before the Senate, sling On
he 5essstary Of the Treasury for infor
ustios - - What peopsrti0u Of the
elS000U bond call for February LIST
rs held by the national bsnks. and
hsv much by eseh bank. Mr.. Ingalls,
modified his resolution BY Withdrawing
We slauss requiring the naming Of
spsstai banks. He did this. be said. a.
he request of persons interested 10
some banks where the bonds bad been
called for psynsnt on the LIST Of Zebra
sSy, and who feared that the pablica
ton Of that fact might Interfere with
or impair their credit.
krye's resolution yesterday relating
10 tho Presidents recommendation for
sfshisg commission. VAS placed b. fore
TIE senate. and without deb ,te referred
70 The COMMITTEES on Foreign Relations.
Ceuesr said he souId postpone his 10
,snded rrmsrks on this subject till the
mittss.
without debate was agreed to, directing
~ 1890, of the treasury 10 inform
~ 9sesse that amount of silver bal.
lion nd ham purch nssd 20, ooiuspe
sesh veaF uuos JuIy LAT. 1875. ana in
vh,t msvkst the same had been pur-
shsse6 10 eaoh ,se. and from whom.
jntfance ali bids had bssn reiaotsd. and
%.
moosy or currency uaymeut for su,h
TIE presid stial oount nil vss plaoed
sslde.
The silver oaestion. Without a suffl
sisus amount of money With which %
Do business, Mr.. Teller ssid. tue eser
Money scarcity meant dull times, aud
lover wages or no wages at all. The
persons Who Suffered mott we're labor.
en-. Mr.. Teller presented elaborate
tables showing the coin circulation OF
the world, from which 1t appeared that
the silver circulation OF Great Britain
Germany "a 81 per head, the Usit-n
States ~ So Per bead, and France SIS 70
Dor head. The total coinage has b-en
900 gold, g ~, 100 600. But gold
and silver had been found insufficient
70 carry on the business Of the world,
currency based on these IN tails. The
whole amount II paper money issued
he'd been g ,9t3. 900 600. which VAS more
wan VIC Sufsc osnseus VI rttocA kote W
silver n, then. gold and siivrr com
bined hsd been fouud Insufficient To
carry on the worlds trade, What VAS
The reason therefor Supposlng that
gold then woald be snfi ,ieat. when you
destroy the money fseaity OF silver you
increase the porchas,ng power Ut gold.
fou thus beuedt the holders OF bonds
and mortgages, aud government securi
ties, because the principal and interest
ef thcse obligations remain 10 be pad
thst sxstsd whsa the debts wefe con
tracted. Holders OF thsse obligations
constituted great and powerful oil ,.a,
We creditor cisss, and wanted silver
dsmouetizs ID because OF the conseq 1eut
suoruous Increase Ia the purch ssinR
poser Of gold. They had rnised The
Org that gold would lsave the coontry n
~ did not suspend silver coinsee. They
ssissd the came cry In 1878 asatnse the
psesage Of the Silver Coinage Act. We
he'd bssa told thst the usitsd States
voald become the depository OF all the
silver In the World: tnss ~ woaid lose
sA oar gold, would ioes oar uattosal
eesdit. and would be unable 90 cell cor
ooooa what vas our financial coudi
roa q that time and what 10 10 novf
10 isII ous nstionai notes were worth
~ cents Everybody kncw Whas they
vsfs varth od,yn Tue amoant 81 gold
soss 70 The Uaited STATES vss tfsS.