The Portland daily press., 1888-04-04

the latter accepted so as to make it read: !:
sThat whenever the circulation, or any por-
tion thereof, of any national bank not in
liquidation shall be surrendered by deposit
of United States notes in the treasury, or
otherwise, and the same, or any equivalent
amount shall not be taken by other national
banks within 80 days, the Secretary OF the
Treasury SHALL" etc.
that if the Senate, in such an unwise, i'll
timed and i'll digested manner was determin-
ed, on this simple bill, to force the country
into such condition of affairs as was aimed
at, the country would be on silver basis
Senator or Plumb thought the e progress m made
by the Senator from Ohio (Sherman) since
the discussion of the bill commenced was
worth noting. He Plumb had no pride of
opinion In the amendment which he offered,
and had Withdrawn 1t most cheerfully on the
suggestion that the amendment offered by
the Senator from Kentucky would accom-
plish the same result; that is, prevent the
contraction of the currency. AS to the suP-
gestion that its adoption would result in
driving gold out of the country, he said the
silver coinage bill Of 1878, but the fact was
that every year since then the stock of gold
in the country had increased until 1t
had grown from $213, 900 to $654. 900.
so, judging from that experience, they were
bound to believe the adoption Of the pend
out gold, but in further stock OF gold IN
the country. In any view the amendment
offered by the Senator from Kentucky was
the most important part Of the bill. de
wanted something which could be had, some
thing within sight. something which did not
depend upon its chances of running the
rapids" Of the House Of Representatives at
this session. And here was something con-
servatiye, something providing that what
ever the volume Of paper money now out
standing WAS that volume should he main-
tanned He believed, however, that the vol
ume should be increased in proportion to the
Increasing population and business needs OF
the country.
At this stage of the discussion, and with
out action on Senator Beck's amendment
(and with theIsubstitute foHthe bill still to be
reported from the committee of the whole
and voted on in the Senate,) the Senate ad-
journed.
HOUSE.
Five thousand additional copies of the tar
iff bill and reports were ordered printed.
Mr.. Culbertson of Texas, chairman Of the
committee on the judiciary, called up the
special order-the Senate direct tax BILL
Mr.. Foran of Ohio antagonized this with
the motion that the House go into the COM
mittee of the whole on the pension appro-
priation bill. Mr.. Foran's motion was lost
On motion of Mr.. Reed of Maine, the mo-
tion to reconsider was tabled. yeas, 157;
nays, 70.
The House then went into committee of
the whole for consideration Of the special or
der.
After debate on the Senate direct tax bill
by Messrs Taylor, Oates of Alabama, Heard
Of Missouri, Hopkins of Illinois, and Wheel
er of Alabama, the committee rose and the
House at o'clock took recess until g. the
evening session to be for the consideration
Of bills reported by the committee on militia
ry affairs.
At the evening session the House passed
number Of measures reported by the militia
ry committee, among them one providing for
the promotion of officers in one grade to
another of the army after 20 years contin-
uous service, and for for the retirement of
Alfred Pleasanton with the rank of colonel.