Sturgis advertiser. (Sturgis, Dakota [S.D.]) 1887-1???, 1888-04-11
fIFTIETH CONGRESS-
FIRST SESSION.


WASHINGTON March S0.-eenate not ia
session.
WAsHtSufos, April AIN discussing
resolution referring to the free coinage of
silver, Senator Reagan suggested an amend
inert that 500, 600, 900 of gold coin now in
the treasury be used for the redemption of
lnterest-bearing bonds OF the country. He
declared that the policy at the government
(both In the executive and legislative depart
mentsl had been since 1869 In the interest Of
the money lords of this sohntfy and of Ea-
rope. He knew tEat the present administra-
tion hal taken up and maintained the policy
of its Republican predecessors. But he pro-
posed, SO far as his own action was con-
cerned, without reference to what others In
the Democratic party, even in high places,
should do, TO stand by the interests of the
people, to insist on their rights and to insist
that the government ehah BE conducted In the
interest Of the people.
After some further dicussfoh Senator Stew
art withdrew his amendment without action
and the senate adjourned.
WASHINGTON, April 3.-Amopg the petit
lions and memorials presented and referred
was one to send United States troops to Chi
cago to protec. the lives and property of its
citizens against the socialists Of Illinois and
Iowa.
Senator Allison suggested come verbal
changes in Senator Beck's amendment, which
the latter accepted, SO as to make 1t read.
THAT whenever the circulation, or any por-
ton thereof, Of any national bank not in
| liquidation shall be surrendered by the de-
posit of United States notes in the treasury Oh
otherwise, and the same or any equivalent
amount shall not be taken by other national
banks within thirty days, the SECRETARY OF the
treasury SHALL" etc,
After further debate by Senator's Beck, Nc
Pherson and Plumb, and without action on
the amendment offered by Senator Beck, and
with the substitute for the bill still to be re-
ported from the committee of the whole, the
senate adjourned.
WASHINGTON, April 4.-There was a
lengthy discussion over resolutions in ref
erence to public lands and to the silver coin
age question, but the discussion appeared to
amount to but little as the senate adjourned
without action.
WASHINGTON. Asril 5.-The bond bill after
lengthy discussion was passed today.
The following Is the text of the bil
That section of the act making appropria-
tons for the sundry civil expenses of the gov
ernment for the year ending June 30, 1882,
and for other purposes, and which is as fol-
lows: "That the secretary of the treasury
may at any time apply the surplus money in
the treasury not otherwise appropriated, or SO
much thereof as he may consider proper, to
the purchase Or redemption Of United States
bonds; provided that the bonds SO purchased
or redeemed shall constitute no part of the
sinking fund, but shall be cancelled was
Intended to be permanent provision of law
and the same is hereby declared to have been
since it's enactment and to hold in full force
and effect now. That whenever the circula-
tion or any portion thereof of any national
bank not in liquidation = shall be
surrendered by the deposit of United
States notes on the treasury Of
otherwise ard the same or an equivalent
amount is not taken by other national banks
within thirty days thereafter the secretary of
the treasury is hereby authorized and directed
to purchase, at the market price thereof, an
equivalent amount in silver bullion, in excess
of the minimum of So 100000 per month for
coinage purposes, which shall be coined and
used as provided in the act passed February.
%, 1878, entitled can act authorizing the
coinage Of the standard silver dollar, and to
restore its legal tender character" provided
that nothing in this act shall alter or repeal
said act of February %, 1878.
The senate then proceeded to the consider
alton of the pleuro-pneumonia bill.
After some discussion 1t was laid aside, and
after an executive session the senate I'D
journed.