Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1886-07-31
THE SURPLUS RESOLUTION
amended in the senate Considerably and
then Passed.


i W,~HlNnruN. d. c., July 3O.-The
k,p,r,. resumed consideration Of the House
,,ou,Iou directing the payment OF the
i IrIu, in the treasury ON the public debt,
4 mI wa, addressed by Mr.. Teller in con-
\ Annlrrnu o, the speech begun by him yes
A.rhy 900 FAVOR ot the original and against
H. amendment reported by the Senate
] 4wwrr,,,. un Finance He had never in
l ,frl that the Government should pay
kihrr tur it~ bonds, although he had in
i>lri Ihtt il hld a right to DO So, and that
H. honIhpIdrr~ would have no right to
kmpain But il the Government saw
D and n.t> able to pay good for Its bonds,
"A htI uu objection. He had demanded
bHhm- tlr silver which he had not de
biudrI r"r gold.
q Nr Vance spoke in support ot the rcSO-
fiton is lt came from the House.
x Mr. trurman addressed the Senate in
! ByUr OF thr resolution rs amended.
4 Mr. EdmundS moved to amend the
smynImrnt to the surplus Resolution
u substituting the President for the Sec
teun ui the Treasury, ~ that it will read,
Hwhru boo the opinion Of the President the
bubur interests shall require it he may di-
b the Secretary of the Treasury to Sus-
q rud the further call, ~ etc. Agreed to.
n Nr coke moved to add the following
jEu,.,u.
4 pnnidrd, that such suspension and the
j ls,u, therefor shall be reported to Con
fr>> within ten days after its next meet
q = pr immediately ii Congress shall be IN
t,>lon Agreed To.
Nlr Humbmovcd to strike out the clause
j ,.u- the President the right lin case OF
fDrr-ru., to suspend the call. The mo-
kmnl, rrirctcd-yeaS %, nays 81. Mr..
3 f,,tl, moved to insert the words ''includ-
d the payment of bonds and interest
|r1uu. the same hcin@ under existing law
y ,Ih., 90 GOLD ur silver coin. Rejected
4 ,,4 !1 nays -.
81 IUr committee amendment aS amended
q b, then agrrcd to yelS -, nays -. feF
= NIr Nrwyll moved ~ an amendment the
= Do or the receipts of trade dollars at
D. lur value.
4 NIr EmundS moved tn lay IL ON the
hh'r Rejected, 81 To 81. The amend
frut wl, then agreed tO-.yeaS "a, nays
- TH point resolution and amendments
rrrpnr,rd to the Senate. There vote
b taken un the trade dollar amendment
~ It w,p~ agreed tO-yeaS 33, nays 30.
n lIr turmm moved 10 lay the resolution
R The table; Erircted-yeaS >, nays 81.
81 The ruut resolution was then pissed
p E'. nays ~ The Joint resolution rs
&>N1. is is follows: BE it enacted, etc,
p Whenever the surplus or balance IN
y ur-ury. including the amount held
'.. redemption ot United States notes
Rul r>rrrd the sum Of 800, 600, 600 1t
4f,.I 's, 1ul i, hereby made, the duty Of
>arrvDly ui the Treasury to apply
y no rNu.>> In sums not less than ten mil
IN PE mouth during the existence of any
" rh surplus or excess, tO the payment Of
Interest bearing indebtedness of the.
p',oi states payable at the option Of the
8'rwmrut The surplus or balance
lrn rrtrrnl to, shall he the available
fp,I> J,rrrttinrd according TO the form
# statement oi the United States Treas
"i The assets and liabilities of the
iNlTN "t the United States employed on
ny .a'ih, l~~6. Provided that no
Shall lv madr under the provisions OF
1N".uiluu until sum equal to the
90 The treasury over and above the
I've herein mentioned; and provided
,Hrr, that the Secretary OF the Treasury
AN discretion may have in the Treasury
AMI I."'r the foregoing sums work
'1Linrr not exceeding S2O, 600, 900; and
ehrNrT m the ease of an extraordinary
'-'nry, not now existing, and when,
81 '''>y thereof, in the opinion of the Pres
"' 'Nr public interests shall require 1t,
'"tl, by written order. direct the Secre-
o' the Treasury to suspend the further
'"l The payment of such indebtedness
s >''H I"r'od oi time aS shall be neces-
Z" maintain the public credit unim-
"a W. amt tirrt such suspension and the
~'l> therefore shall he reported to Con-
N within ten days after the next meet
vi immediately ifCOngreSS shall be in
'L'' Ior "a period of six months after the
N.Sr thereof United States trade dollars,
~ uErrd, mutilated or stamped, shall
s., ,n yI','rd at their face value in payment
'. ',' "''N to the United States, aud shall
~ 'S'n paid out OF in any OthS man
'>>o". hat the holder of any United
: ,''dr dollar during the period afOre-
III. WI Presentation of the same at the
." the Treasurer OF any Assistant
SURE "i the United States, may re
III exchange therefor like amount
'I'Ur, dollar for dollar, in standard
-, "'."'rN, or m subsidiary coin, at the
\" O' the holder and of the United