The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1886-02-10
FORTT.NINTH CONGRESS-.
GOLD AND SILVER DISCUSSED
IN THE HOUSE.
Bills FavOrably Reported From the
neutrality-suspicious.
for Public buildings.

WASHINGTON, February 9.-House.-
The Speaker laid before the House
the response Of the Secretary Ci the
Treasufy TO the Bland resolution. Re-
ferred. The Secretary says; 81 have
received the inquiries addressed 10 the
Seer tary of the Treasury by the
House o! Representatives in this res
olution. respecting the silver balance
and circulation, and beg leave TO FAY
ia replv that will, With all due dill
Qence, make full answer 10 the tame.
i am for the moment delayed by the
current business Of the department,
and by a special endesvor to promote
exigent reforms in the levy and Collec-
ton Of duties on imported commodi-
Ties by afTording some information
thereon in season for the advantage OF
the subcommittee Of the Finance
Committee OF the Ser ate, which has
reque. ted the same, and which, | am
happy TO say, is about to undertake an
early examination of the difficulties
set forth in my annual report in re-
spect to the collections Of revenue at
the Gus! Courthouse 81 New York."
The Speaker also laid before the
House the reply Of the Secretary OF
the Treasury to the resolution asking
for statement Of the amount applied
to tae sinking fund during the fscal
year ending June 80, 1885 Referred.
The Secretary gives the following fig
ures; Bonds-principal, $i5. 5SS, 100;
interest, S271 1857 49, fractional cur
rency redeemed, Sl5,SS5 80. Total,
$i5,S l08.
A number of committee reports
we're submitted, among them the fol-
lowing:
BY Mr.. Mills Tex. !, from the Bank
ing and Currency Committee: A Sem
ate bill authorizing the receiver Of any
National Bank TO use 30 much OF the
money otAhe trust as may be neces-
sary to purchase any property on
which the bank may have lera,
claim. House calendar.
By M. Irion La from the Com.
mittee on Commerce: Authorizing the
various Executive Departments 10 ex-
hibit articles at the New Oilehus Elk.
position. Committee OF the Whole.
by MI laws udif' j. lIOu luu
same com attic: Providing for the in.
vest'gai ion 81 the discovery OF pre-
venting yellow.fever by incubation.
Committee OF the Whole.
By Mr.. Warner 20 }, from the Com.
mittee on Postoili 20 and Postroads: To
reduce The fee on money orders for s.
or less from to cents. House cal
endar.
By Mr.. Peters (Kas. }, from the same
committee: Providing that the allow
Ance for clerk hire made to postma5-
ters OF the first and second classes shall
cover the cost OF clerical labor in the
money order business. House calen-
dar.. Also, adversely, providing for the
payment into the Treasury oil the re-.
ceiptI Of the money order system, and
for the payment OF the expenses OF
the system out Of appropriations. Laid
on the table.
The House then resumed in the
morning hour the consideration OF the
bill to prevent the claim OF wa taxes
as set.of aglinst States having claims
against the government. After con-
siderable debate, but without acton,
the House Vent into committee OF the
whole, Mr.. Hammond [Ga in the
chair, on the hali-gallon tax bill, and
Mr.. FindlaY Nd. took the floor
with carefully prepared speech upon
the financial question, which he said
resolved Itself into the question as to
whether or not the Bland act should
be repealed. The Bland act on its
lace was an impeachment OF the wis
dom o, free coinage, and legislative
assertion that there was strong ground
for making distinction between gold
and silver, and by this act the advo-
Gates Of silver gave up their whole
case. He said to the advocates OF sill
yer follow your leader, wholly re-.
pudiate the false position in which
you Rave been placed by the Bland
act for the last eight years, take the
stand which logic aud experience die.
tates, and demand for your silver it's
fullest and complete rehabilitation.
Tho whole question was whether
Congress should get rid Of q measure
which was neither flesh nor fish, sea
nor good dry land" He favored put
ting both metals on an equal, honest
money citing.
Mr.. Warner 10 thought that no
permanent settlement OF the financial
question could be arrived a, ill gold
and silver we're restored to the posi-
tions they occupied prior TO the de.
monet cation OF the latter metal He
spoke 70 silver because he believed il
TO be the side OF truth ald justice, and
because he believed tnat the welfare
OF Tie county and the world were
bound upin it, lie would admit that
The present condition Of silver could
no, be regarded as permanent--thsti il
was not ! gital Y consistent Nothing
but its restoration to q full equality
with gold as money metal could
render It's Coldit o ! satisfactory. moth
ing short Of tina. would satisfy the de-
mand OF equity Of vad industrial in
terett of the world. lie should cay
Hold the fort" il tlf could be done,
oe take 6 stop in advance ii possible,
but not 10 go backward.
Pending action the committee rose,
and the House fdj burned.
The Senate.
After some unimT ortart business,