The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-03-27
MR.. MILLS ILLNESS.



protocols Of the fisheries commission was
presented and referred to the committee
on foreign relations.
The resolution offered by Mr.. Riddle
berger last Thursday TO suspend the rules
for executive session in respect to the fish
cries treaty was taken up, and Mr.. Riddle
berger expressed the hope that the Senate
would agree to it.
Mr. Sherman said that the treaty was
now under consideration by the committee
on foreign relations, and that committee
might probably report in favor OF public
consideration OF the subject in the Senate,
but for the present he thought il better
that the resolution should lie over Enacted
on. The senator from Virginia would I'M
doubleday have ample notice. so that he
could ask vote on his resolution before
the treaty would be considered
Mr.. Gray thought the suggestion OF the
senator from Ohio proper one. He
Gray was not opposed to the resolution,
but expected to vote for it. So far as he
understood the sentiment of senators on
his side OF the chamber, they were in favor
Of the consideration OF the fisheries treaty
in open session.
Mr.. Riddleberger consented that the
resolution should lie over.
The Senate then proceeded TO the con-
sideration OF House bills TO provide for the
purchase Of United States bonds by the
Secretary OF the Treasury.
Mr. Plumb offered an amendment in the
form OF a new section, requiring the Secre-
tary OF the Treasury, whenever the circu.
lation OF national bank is surrendered, to
issue treasury notes TO an equal amount
MIR. Farwell expressed the hope that no
amendment would be made TO the bill
TIE only one which he could suggest would
be to make the act mandatory instead Of
discretionary. The amount OF money in
the treasury today was menace 10 the
business OF the country. Last fall the rates
on money had increased very largely on
account OF the large accumulation OF
money in the treasury. Under the exist
ing law the Secretary Of the Treasury wisely
in his judgment had gone into the market
and bought about S27, 900, 900 government
bonds, thus putting in the hands OF the
people an equivalent amount OF the circu-
lating medium. Later on, unwisely he
thought, the authority for that action had
been questioned by the President, and the
next thing done was, very wisely in his
judgment, to deposit in the national banks
500, 100000, This bill ought not to be
amended, except TO make il mandatory.
AT O'Clock pm. the special order, the
pleuro-pneumonia bill, was postponed till
tomorrow, and the consideration OF the
bill for the purchase OF bonds was re-
sumed.
Mr.. Sherman argued against the delay
in the passage OF the bill by attaching
amendments TO il, and he therefore
moved TO lay Mr.. Plumb's amendment on
the table. As TO the bill itself he believed
the language OF the law of 1881 was
stronger, clearer and better. Still he was
willing to vote for il because il would re-
lieve the government from the distressing
condition OF the finances
Mr.. Plumb renewed the amendment,
modified in regard 10 the legal tender
quality OF the proposed treasury notes, and
proceeded to argue in support OF il.
After a brief discussion Mr.. Morrill,
moved 10 lay the amendment on the table.
Defeated-yeas "a, nays ~ The amend.
ment was then adopied-yeas 2s, nays q,
rs follows