The united opinion. [volume] (Bradford, Vt.) 1881-1970, 1886-01-15

WASHINGTON, Jan. ia number OF
petitions were presented in the senate pray
ing for the suspension Of silver coinage.
Mr.. Harrison reported favorably from the
committees on territories an original bill to
admit Dakota, and provide for the organiza-
tion Of the territory of Lincoln.
Mr.. Butler reserved the right to submit
minority report il, after perusal and con-
sideration Of the majority report, he should
conclude to do so
Mr.. Manderson called up his bill to in
crease the efficiency of the infantry branch
of the army.
WASHINGTON, Jan. 13.-In the senate
Tuesday, Mr.. Logan, from the committee on
military affairs, reported favorably the bills
providing for the purchase of the old pro-
duce exchange building and site in New
York city, for army purposes. The bill ap-
propriates $3.50, 900, or SO much as may be
necessary, for the purchase of the site, and
the necessary alterations and remodelling OF
the building. Mr.. Logan asked that the
bill be considered at once. The location, he
said, was much more convenient than the
building now used for the military purposes
Of the government, being much nearer gov
ernor's island. The bill, on Mr.. Logan's
motion, was read a third time and passed.
of the senate to be absent for the remainder
of the week, and that Senator Hawley be
substituted in his stead as presiding officer
during that time. Unanimous consent was
given.
The senate committee on Indian affairs
reported favorably Senator Dawes bill to
divide portion of the reservation of the
Sioux nation Of Indians in Dakota in sepa-
rate reservations, and to secure the relin-
quishment of the Indian title to the re-
mainder.
Mr.. Beck submitted for reference to the
committee on finance, substitute for Mr..
Eustis' recent resolution, which after pre-
amble similar to the preamble of Mr.. Beck's
former silver resolution, provides as fol
lows
Resolved, by the senate and house OF
representatives, ETC., that the secretary OF
the treasury be, and he is hereby directed,
in all payments hereafter made of interest
on the bonds and notes Of the United States,
and in the purchase or payment OF per
cent. of the entire debt of the United States
for the sinking fund as now required BY law
to pay out gold and silver coin as nearly as
possible in the same proportion ON which
gold coin and certificates and silver coin and
certificates were received during the preced-
ing fiscal year for duties on imported goods
Mr.. Beck said the finance committee had
had Mr.. Eustis' resolution up, but had not
finished its consideration. In order that the
committee may have the subject fully before
it, he asked the reference of the substitute
to that committee, and it was SO referred.
Mr.. Pugh resumed his remarks on the
Beck silver resolution.
The London press, he said had joined the
III ~ or ctor ~, Co
manding of congress the suspension of silver
coinage. They wanted to sweep away
every kind of money but gold. Silver, Mr..
Pugh insisted, had not been treated fairly
either by our public officers or banks, but
has held up as well as it did in spite of them,
Whenever silver gets the same treatment as
gold under the natural law of supply and
demand, if then, it shall not hold its own,
Mr.. Pugh would deem the controversy
settled, but he had no doubt that silver
would come out right in any case
Mr.. Vance followed He said the present
attempt Of the money men of the world to
depreciate silver was one of the grandest
conspiracies ever seen. 1t was tyrannical
and cruel blow directed at the common
people of all lands. After considering the
question of the whole amount of money in
use in the world, Mr.. Vance went on to show
that the growing commerce and increasing
population required increased money facili-
ties. The success of the efforts against
silver would result in the greatest industrial
calamitieS In the course of all his economic
reading, he said, from Moses to Sunset Cox,
[laughterl he had never met case SO weak
as that made now by the enemies of silver. |
On the conclusion of Mr.. Vances remarks,
the senate went into executive session, and
at s p. m adjourned.