Omaha daily bee., 1888-04-04
FIFTIETH
Senate.

S""t
WASHINGTON, April 3.-Among the petit
lions and memorials presented and referred
was one to send United States troops to
Chicago to protect the lives and property of
the citizens against the socialists of Illinois
and Iowa.
At 1 o'clock consideration of the fisheries
treaty was commenced in secret session.
During the secret session Riddleberger's
resolution to consider the fisheries treaty In
open session was the only subject of debate.
The resolution was ordered referred to the
committee on foreign relations.
The senate then resumed the consideration
of the land bill. A vote was taken on Pal
mer's motion to recount and the motion vas
rejected-Yeas 90 nays 81, Mr.. eva
withheld his amendment for the present and
then Mr.. Spooner offered, as a substitute for
the whole, the following: That section 2 of
the act making appropriations for sundry
civil expenses of the government for the
year ending June 30, in these words shat
the secretary of the treasury may at any time
apply the surplus money III the treasury not
otherwise appropriated, or as much thereof.
as he considers proper, for the purchase and
redemption of United States bonds, provided
that the bonds so purchased shall constitute
no part of the sinking fund but shall be CAM
celled," was intended to be q permanent
provision of the law, and the same is hereby
declared to have been since its enactment
and to be now, in full force and effect. The
substitute was agreed to without division.
Mr.. Beck then offered an amendment, con-
tanning an additional section providing that
whenever the circulation, or any portion
thereof, or any bank not in liquidation shall
be surrendered and shall not be taken up by
other national banks, the secretary of the
treasury shall purchase at market prices, an
equal amount of silver bullion in excess of
the minimum monthly silver coinage which
shall be coined and used as provided for in
the silver coinage bill of the 2Sth Of Febru-
airy, 1878.
MIR. Stewart proposed an addition to the
amendment ana Mr.. Beck accepted it, pro-
viding that nothing in the act shall alter or
repeal the silver coinage act of 1875.
Mr.. Sherman approved fully of the substi-
tute as agreed to and thought it an improve
ment on the house bill, but thought it best
to postpone the consideration of Mr..
Beck's proposition till a more convenient
session. He was clearly of the opinion that
it was not wise to continue the coinage of sill
yer when purchased. If the proposition We're
stripped of that feature and if it applied only
to the purchase and deposit of silver bullion
it would be relieved of the objection. 1t
would be best to let the bill as it now stood
unobjectionable in form, go to the president
and be approved and carried into execution,
and let the proposed amendment and all pro-
positions as to the silver question 90 to the
committee on finance ana be carefully con-
sidered.
Mr.. Allison suggested some verbal changes
in Mr.. Beck's amendments, which the latter
accepted, so as to make it read 'that when
ever the circulation or any part thereof of a
national bank not in liquidation shall be sur
rendered by IA deposit of United States notes
in the treasury and the same, or any equiva-
lent amounts, shall not be taken by other
national banks within thirty days, the secre-
tary of the treasury shall, etc"
After further discussion by Messrs. Beck,
Mcpherson and Plumb, and without action
on the amendment offered by Mr.. Beck and
with the substitute for the bill still to be re-
ported from the committee of the whole, the
senate adjourned.