Seattle daily post-intelligencer. [volume] (Seattle, W.T. [Wash.]) 1881-1888, 1886-07-31
NATIONAL LEGISLATION.


senn,e.
WAEzrzuras. Suly 50. The senate
resumed tha eonEi aKation of the Honse
Joint re1oI1tton, direetinR she payment
of th8 surplus ~ tha Treasury en- the
Pot lie deot. and vas addressed b Tel
Ter. Ii the eentinuafion of Gho speaah
begun ~ him yesterday in favor e tha
oEizinal resolution aad aealust the
amendmeni reported b the Commltfea
on Einaure. He bad never insisted
thaa aho GoFaEnmenf should pay ailpeF
for ita bends. allhcnah Ne had tusiaied
that Il had Figkt % d %, and bond
holders Wsuid haga no Ki0ht 30 coua-
plain. Hat L TIE Government saW 1t.
and vas able % pay Rold for ils bonds.
he had na ohiaclinn. He had demand
"a nolhinR fer GiIVer Whi1h b had not
far gold. he WAn1sd 30 keep the swo
mesais On an equality, hesaase, u his
opinio1. L waai1 b a. dIsasfrcng % de-
sfsoy Roa4 an 20 destroy ssiE8E. Ba1 nn
said that Tie 0uFeEnusoDt c1ul6 pay
this 8l o00.0e0 foe bo0ds IS tie rate
of 8l0.0oo. 600 per moneh. and without
paying ons dollar il silver. That b. ii
u ehcae 90 DO 90. The question Is aim-
ply whethar the GoVeF6nsnt shah psy
ils debt1 from monay in hand. fha
coarse was the plainegl dielRtion az
common aanaa and old fashioned hon
3Bly. He did NOT tGonbie himself 10
inquire Whistler sha joint resoiulion
uould OF would not Be . vote ug ounR.
deE % II she Administrator. Thas vas
an aRQument unWorlhy 20 Be addressed
20 Senator Of the Unitad States. ana
Il weuid be unworthy of his position 70
listen 70 such an argument. To aup
pose that 9 Senator would ahandon his
honest eanFictions, % safer himeelf %
b Influenced b. any consideration
othar than those Affecting the public
good, wonld Be insulting. Tc suppose
that the President desired tbs Senators
70 be actuated By any other aim 10 their
lsQisiatiVe conduct, vas not oompiiman-
taRy % him OF 30 ths Senate. For him.
self, be had only inquired whether the
resolution would promote she general
welfare 81 the people. The people ds.
manded that leQislation should BE- a.
mush IN their interest as Ia the interest,"
Of money kings.
Vance spoke in suppoEt Of the resola-
ton IS Il oams from the HOUSE. He be- /
lieVed that the action Of tke House Of |
Representatives Ia passing The resolu- !
tion--ayes 207, nays 65-redected the /
wishes Of the people. and be proposed |
70 be obedisn6 20 the popular behesh /
he vas therefuro il favor of she rasolu. /
tion as it came from the House purs 1
and simple, and be was opposed to the /
amendment because il increased in /
stead Of diminishing the Treasury re- |
serve and because it left the whole mat /
Ter 10 the Secretary Of the Treasury. /
Just as now, and that tie Secretary bad /
declared again and again tnas the pub /
lie debt mnst be paid Ia gold.
German addressed the Senate IN favor /
Of the rasolntion az amended.
The debate waa interrupted 20 permit /
the Chairman 70 announce the appoint /
meui OF Mesara. D0lph, Teller aud /
Oookrell as cenferees on the bill 20 for. /
fsit the lands Of the Northeru Pacific /
Railway Company.
The debate was resumed and eontln- /
ued By Mr.. Mcpherson IN favor Of she /
amsndment proposed by the Commiftss /
on Finance, and by Whitthorns ID IA /
yor generally Of the House resolution /
and particularly IL advocacy Of The /
bill 20 restore the prOcaeds Of cotton /
coin Ia the Treasury.
Call spoke on ths silver question gen.
orally, but especially against fh8 rcso-
luton ana amendment and In favor Of
leaving the whole matter In the hands 1
Of the Secretary Of the Treasury.
EdmuDds moved 10 amend the
amendment 10 the surplus resolution /
bg substituting President" for ''Seefe-
aFy Of the Treasury" 90 that it will /
read: "When IN the opinion Of sbe
President the public interests shall re-
quire Il, he may direct the Secretary OF /
tue Treasury TO suspend the further /
call, p esc. Agreed 20.
Ooka moved 20 add the following pfo-
viso: Provided, thai such e1spsnsion /
and the reasons therefor shall be re-
perted 70 Co 1aFes8 within ten days /
altar iis next meeting, OF Immediately, |
Il Congress shall be IN session"
Agreed 20.
After speesh By ohaoe in favor Of |
the committee amendment. Plumb |
moved 20 strike out the clause giving /
the President she right, ia oase Of emeF- |
Conoy, 70 suspend the call. Ihs motion |
was reieoted by - to %.
E1atla moved 10 insert the Wogda ein. |
elndinR the payment Of bonds and the |
interest thereon" che same boinR under |
the existing lau payable 10 gold and
silver coin at the option Of the Govern
mant. Reiecied by IS % 81.
The eomHiftss amendment es amend
ed vas agreed 10 By n 10 g.
6ewell moVed as an amendmant the
bill for The receipt Of trade doliaEa a.
their par value.
Edmnnas moved TO lay it on ths table.
Reieeted.
fhs amendment vas then agreed 10
BY "a 10 -. Tia joint resolution and
amendment we're reportFd - TIE Senate.
Than q yote vas taken on tbs trade
dollar amsndnent and "a vas agreed 70
by $ 70 30.
German moved 10 lay TIE joint raso-
luton on the table Rsisetsd b. yeas
5, naya67.
Ths ioint resolution was thsn passed
By f2 20 20. The joint resolution as
passed is - follows
~Bs Il seaoted. etc., That whoneveF
the surplus o. balAnes in ne Treasury,
includina the amount hoid for redsmp-
ton Of United States notes, shall tx
easd the sum o. ono hundred millions
Of dollars, Il shall be, and is hereby
made the duty ol che Secretary Of the
Treasury, 20 apply sash excess ~ sums
not less than ten milliens per
month during the existence % any sueo
surplus eF exsoss 70 the payment Of the
intsresl bearing indsbtedne1s 81 the
Uniied States, payable a. the option OF
the GovsrnmsEt Tbs snFp us o. - I
lanes here's referred % shall bo she /
available surplus ascsrtained aeoordlna /
20 tee form % afafou1ent 81 Tie United I
states TrsasnEtF of the assets aAd la
hilIties of tie Treasury Of tbs Unit a /
States. smplayea on June 60tht 1886.
provided that no call shall b. made IN
der tie provisions q this resolution,
until q anm EQUAL 10 ths call Il Ia lhe
Treasury ever ard above tue reserve /
herein msalisnsd; and providing far
thar, thas the Secretary Of the Treasury 4
IN his disar. tion. may have n The Treas
nEy ever and Mbovs ihe f0reaoina suna
z working haianoe nos exsoedi Z atwenty 4
miilion dollars. and thst wheneseE, ID
-. - mn.~ awtwaasrl4f 4frsaaw an4NFUNFaa Il