The morning call., 1890-06-06
THE HOUSE.
The Day Spent in Debating the Caucus Sill
YER Bill.

The Day Spent in Debating the Caucus Sill
yer Bill.
WASHINGTON, June 5.-This morning In the
House, Mckinley, from the Committee on Rules,
reported resolution providing that the House
shall pI oceed Immediately to the consideration
Of the Silver Bill, and tnat consideration shall
continue until Saturday when The previous
question shall be ordered.
The previous question having been ordered
on the resolution, forty minutes debate VIII
be allowed
Blount had no objection TO the time limited for
debate. but he was Informed that the Chairman
OF the Committee on Coinage viii be allowed TO
offer anne ndmeuts which were admis under
The rules of the House When they were offered
there would be left no pporlunity to the minor
ity 10 offer an amendment. There would be
given no opportunity Oh the part Of the minority
TO ash the House TO vote on the free coinage OF
silver AT the Republican caucus last night
there had been much discussion and II was nee
essary 10 whip l0 friends OF free silver by means
OF this resolution. II has worked shameful
outrage on the minority. There were many men
on the Other side VINO would vote for free silver
but for fear OF the President. The President
was in accord with tile Secretary Of The Treas
ury, and both were IN accord with Wall street.
Blaud said their was no doubt but 4 large ma
jorliy Of the House was IN favor OF unlimited
coinage. To prevent that fact from appearing
on record II was proposed To gag every Demo
crat IN the House and many Republicans. Every
gentleman who voted for inls resolution voted
against free silver.
Cannon said the resolution was simply propo-
sition that under tine rules OF The House tue
House should proceed at once TO consider bill
OF ereal interest 10 the country. The minority
could offer every amendment TO the bill they
could under The general rules. The minority,
which was now clamoiing for free coinage. had
held the House In the Forty-ninth and f ifteth
Congresses. but passed no bill for free co image.
They could not now fool the country or even
fool themselves.
Springer said the Democratic House passed a
free coinage BILL but Tue Senate limited IL, and
the House was obliged 10 accept the limitation.
Ii had been vetoed by Hayes ana passed over
his vote. lie wanted 10 call the attention OF the
House TO the fact that no amendment was to be
offered TO the bill except as suggested by the
Chairman OF the committee. He denounced the
action as one TO prevent representatives OF the
people from carrying out their will.
Williams said the resolution was Intended to
prevent the majority from leglslatiDg. He ap-
pealed TO the members OF the other side who
favored free coinage TO stand by the Interests of
their people,
Mckinley said the resolution was Intended to
give the House an opportunity to pass some sill
yer Legislation and give the county silver bill
which would be In perfect response TO the gen.
era sentlment OF lhe country. IL was 10 give the
House an opportunity 10 pass bill which would
take all the silver bullion of the United States
and utilize IL for monetary purposes. II was TO
give The people not S2.000,000 month, but
s4,5oo,ooo. If the gentlemen on the other side
wanted 10 vote on free silver they could move 10
re commit the instructions to the committee to
report back the free-cOinage clause. Tie gentle
men on the other side could not have been very
anxious for free coinage when for -FOUR years
they never even brought In bill from their COM
mittee. Talk about tbr0ttlng the Will OF Inc
majority by the minority, why. one man at the
While House had silenced the majority In the
Forty ninth aud Filtieth Congresses. single
man, who was elected TO execute the laws and
not make them, had commanded the majority 10
be silent, and II was silent.
the resolution was adopted-Ayes 120, noes
III.
The Republicans who voted In the negative
were Anderson OF Kansas, Bartine Council,
De Haven, FeatherstOne, Funston. Kelley, Nor
row, Hermann and Townsend of Colorado. No
Democrats yo;ed iG the affirmative; i,td
moved reconsideration.
Mckinley moved TO lay this on the table, which
was agreed to-Ayes 124, noes 11S.
Featherstune and Vandeyer who voted with
the Democrats on the first question voted with
the Republicans on the motion TO table,
The bill having been read COnger offered the
caucus bill as substitute. 1t is substantially
as follows:
The Secretary OF the Treasury is directed TO pur
chase, from time to time. SILVER bullion to the
amount of S4,5OO.O00 worth of fine silver each
month at a market price not exceeding 81 for
81 25-lO0 grains OF pure silver and issue In pay
ment Treasury notes TO be prepared by the Secre-
taFy of the Treasury and sum sufficient to carry
into effect the provisions OF this act Is hereby APP
propriated out OF any money In the Treasury not
Section provides that these Treasury notes shall
be redeemable on demand in coin, and when so
amount of such notes SHALL be outstanding at any
time than the cost OF the silver bullion then held in
the Treasury purchased by such notes. Such
Treasury notes shall be legal tender for the pay
ment OF all debts, public and private, except where
otherwise expressly stipulated in the contract and
will be receivable Tor customs, taxes and all public
dues, and when so receiYed may be issued. Such
notes when held by any national banaing associa
tion may be counted as part OF lis lawful reserve.
Upon the demand Of any holder OF such notes the
Secretary OF the treasury may at his discretion ex-
change for them an amount OF silver bullion equal
In value at the market price thereof the day OF
exchange to the amount OF such notes presented
Section provides that the Secretary of the
Treasury shall coin such portion Of the bullion pur
chased as may be necessary to provide for the re-
demption of-the Treasury notes provided for.
Section A provides that the silver bullion pur-
chased under this act shall be subject to the re-
quirements OF the existing laws and regulations of
the Mint service.
Section 5 provides that so mach of the act OF
February %, 1878, as requires a monthly purchase
and coinage OF not less than $2,0O0,00O, nor more
than S4OO0OOO worth Of SILVER bullion shall be re-
pealed.
Section provides that whenever the market
pr ce OF silver, as determined In pursuance of the
section Is 81 for 37l25 grains OF pure silver, it
shai pe la"in Tor the owner OF any silver DuiiIoa
to deposit the same at any coinage mint of the
United States TO be coined into standard silver dol
lars for his benefit, as provided in the act OF Janu
Section7 provides that upon the passage of this act
the balances standing with the treasurer to the
credit OF national banks, for deposits to redeem
their circulating notes and all deposits thereafter
received for like purpose, snail be covered into the
Treasury as miscellaneous receipts, and the Treas
urer snail redeem from the general circulating
notes of the bank which come into his possession,
subject to redemption upon the certificate of the
Comptroller Of Currency, aud such notes shall be
destroyed aud no new ones issued In their place.
The reimbursement Of the amount to be made to
the Treasurer from the appropriation hereby created
is TO be known as The National Bank Notes Re-
demptlon Account; but this provision shall not
apply to deposits received under Section g. act OF
June 20 1874, requiring national banks TO keep
with the Treasurer sum equal to per cent of its
circulation, 10 be held and used Tor the redemption
OF Its circulating notes, and the balance remaining
oil me deposits SO covered SHALL at the close OF each
statement as debt bearing no interest
Section provides that this act shall take effect
thirty days after its passage.
McComas moved TO add to Section 6, "And the
purchase OF silver bullion shall be suspended
while II Is being so deposited for coinage"
Taylor offered an amendment providing tn at
II the net amount OF silver bullion received Is
less than 81, 100000 IN any Que month the Sec.
ietary OF the Treasury shall make up the def
cheney In the next month.
ODonnell moved 10 amend the amendment by
making the amount SO, 100000.
rms exhausted all the amendments which
could be offered under the rules, and although
the Speaker.
CoDger said tue bill before the House was not
entirely satisfactory TO himself, 0ut It was bill
present status and make long stride In the
direction The Government ought to 60.
lie believed In silver, and that The country
rates at the earliest possible day, but IL should
be reached under sale and permanent conditions.
This Dill was long step toward free coinage.
He spoke OF the lobby maintained by the mine
o@aers demanding the free coinage OF silver
Immediately. This was not In Tie interest Of bl-
metaiisrn. but In the Interest of a single silver
standard which would Mexicanize this country.
Williams spoke IN favor Of the free coinage OF
silver he had no doubt the corn burners OF
Kansas WHO were In favor OF the free coinage OF
silver would rather ask the aid Of Democrat
votes, than That this unsounded measure fresh
from the hanGs OF The Republican caucus should
pass. ne pad some curiosity TO see whether
those members on the other side, who repre-
sented constituencies In favor OF flee coinage
had greater devotion for their people than for
tratiOn.
Taylor spoke In favor OF the bill and Lanham
opposed II. Pending further debate the House
adjourned.