The Waco daily examiner. [volume] (Waco, Tex.) 187?-1888, 1886-07-14


loWcry ut ludmun. from the com.
mittcc uu expenditure. iu tIr troa--
urN department. reported back u rcs-
oIution calling Tor Information from
the secretary of the treasury, Us TO
the reason at the failure Goo uN,su-
gate the charges ol fraud against H.
II. Lancaster. nj prc-uut surveyor ui
the purt of ST., Louis.
THE House then went info commit
trc ut the whole ou the Joint ro.ou.
uuu directing thr p,mrut of the
surplus iu the truu.ut, uu tlc Whli, |
debt the following it The test of
the resolution 'thpt Whenever the
surplus ur balance iu the trrusurN !
including the amount held tor &C.. |
dcmpliou ut United ~ulc- notes
shall exceed the um ui one huuItrd |
millions uf dollar. it -hnil hr, uud b.
hereby made the duty Of the -r,tDW
~ ul the rcRsurN, tu apply such cN |
rc.s. iu sums ul not los. tlnu Sluuuu- |
900 per month during thc existence |
of such -urplu. ur excess 100 pu, mcut |
of intcrc-t-hcarinE ni,htyiur.. oi
'hc mtcd States. payable M the op. |
tiun ct thc government
Morrison said, that counting the |
reserve nj fIuONuuuuu there was -tili !
n surplus Ia the trcu-ur, ui 100000. |
uun Oi this about i'e uuu uuu wa uu. !
available being made up OF fractional |
coin. .u THAT Ml ut this money thut !
would hu reached under the rr-uiu !
| tiuu, wuuli hr about f,uNuuuun TIL
would make productive tiW which |
wa. now uuutuductiNo uud. mlu.. lt
would do something towards myhug
muuc, little cheaper % would .uv,
| the government something u inter-
eat and moro than that, 30 would take
away sumc temptation winch Jed Wru
| To- yut, large uptHlluu-
land mpkc ,mptuyidnut rN
pcuditIrrs lie oriuri-cd the
report of the minority uud durd
Ia statement, th0rriu made, That thc
effect ui the resolution WuuId hr tu|
| .hnkr puhliD .uuiiIcu,. Morrison
admitted tlmi he ruuld conceive that|
| 10 mipht hc thnt for avery tnuit time
! SUnWuuuu mIrht uu-ih.N h' touch.
rd upuu. suppose % rul $50. made
to-day when there wa sliNWHtW iu|
! utc trcn.ur, aud tomorrow the lW
luOuuUU ui receipts wa. not enough to
meet Tomorrow obligations. The
] rliWNNNNHW lfN'llll NINN lWNN lWIfNl
hUVctu be- trruchud upon though only
uuNrrl -mali amount aud tor very
short time llc argued TINT Sluu.-
600 900 wa. 10 sufficient redemption
fund and pointed out the fact thW
only iluUUuuu wa, hrl ia the treas
Jury Ia unhlr the government tu
rcdccra national hnuk uulc- 10 on-c of
the failure of huuk., und. iu CON
clu.ion, hc denied that the purpose or
effect ut III, resolution Wa To plnDc
tho country ouH silver basis.
| liwurk, Of New Nort, offered an
amendment, providing That nothing
n the resolution shall authorize the
reduction, OF payment ~ my ruri ui
the SlCOWU,OuU reserve set aside tor
uny mcnt on United States uutcH, or
> interest bearing indebtedness. ut the
nitcd Statc.. lie then proceeded
. tu submit uu argument Va opposition,
declaring II hat been long enough be-.
tore tho house, hy the action of the
democratic speaker the dumOCrnti,
chairman of the WHyHHud mcnns COM
mittcc aud thn democratic chairman oi
the appropriation committee, even
against the most emphatic protest of
Ia democratic administration, THE
, was no dizAgrccmCnt ON matter Ol
lmrrr detail The difference was ~
wide Mt that between the two grru'
political parties aud there was nu ut
i tempt on thc pHrt Of tho lrndurs o
q the house 10 force the phy ymcnt ot III,
- national debt aud, In obligation 1,
silver. 10 force the government IN o.
financial tTBn-ACtlOns To- "a silver hnsie
l. IA. o
, and dctcTmcdly rpHl-lod. Ih- was
=. declaration that uitcd states bond
r. should hc paid In silver dollar, Hu'
/ the world would not understand 10
It was practically impossible to- cNc
a rutc tho joint resolution wlthou
10 using silver dullHr-, all OF this po-sI
IA bly, because nll Of the surplus WRH 10
Ia l-Ilycr. lie did not hesitate 10 Huy b
=. was reputation n was tine vlDh
.r tiun ui the spirit Ui thc lnW to pn
# bonds in silver They could uo
have been placed except ON Nh u-tur
anoc on the part Of the Hdmlui-tI
tiun that they would be- paid IN Rul,
H. What hHd induced the Democrat
'u pcrty here TO anAgouilc the Ndmiuil
-r tntion which 1t Ind paccd iu powc
e. Morrison sugPostcd In reply that
IN wns none of hia 'lli-cock-I buslnr-
lllscock Ia That your only answc
II that the only nn-wor dem,
e.. cratic leaders pRyc why the
10 have departed from their u,
M ministratiUn "lt Us none
M our busincs" That i.llu quoting o.
IA. un expression which Wn1 most ml
mou,ly uscd once In the rity uI 40
iorh At the bost iu adopting N
pending resolution, congress wuul
~ be irving IL ycrJ dHngcrou- cyprdiu
100 QUO that might bring disu-tor uu
j, ruin 10 the people aud one That %
W. administration felt justified iu Hiyi
We ing against aud opposing. Ou th
H. Iucstlon no one doubted The palrio
ism of tho president nndthc sccrclul
Of the treasury, aud ho congra,uIat,
ro. them for following 1O closely
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