Sacramento daily record-union., 1890-03-06
WASHINGTON NOTES.
Discussion OF the Silver Bills Before the
Coinage COMMITTEES.

WASHINGTON, March 5th-Before the House
Committee on Coinage to-day, Walker of Massa-
chusettS said. 81 am satisfied that it is the de-
sire of large majority of the people of the
United States that a further effort be made to
bring the price of silver and gold together at
the ratio of 1873 While personally am BIZ
metallist, am willing to tryifurther experiment
by passing the Treasury bill in obedience to the
popular demand, at the minimum risk to our
monetary system. But the Senate bill departs
so widely from all experience that under no
circumstances could | vote for it. The differ
ence between the bills. carefully stated, is as
follows: First The Seeretsry's bill proposes to
receive SO much of the silver product OF the
United States that is the product OF our own
mines and of ores reduced in this country. as
may be offered at its market value. and to issue
notes against ii.
THE silver product of the United States, in
GLIDING the silver obtained from Mexican ores
reduced in this country, aggregates about ST.
100000 fine ounces annually. Deducting the
amount used annually in the arts, say 100000
ounces, the amount offered would probably ag-
gregate 100000 ounces. At the price of 81 per
ounce the quantity received and on which
notes would be issued would amount to Si5,0 Geo.
600, all the produce of American mines and
smelters. The Government is simply passive
agent for the receipt of such American silver as
is offered, and is not compelled to go abroad
and join with foreign spectators in creating
fictitious price for silver"
The committee considered the first two sec
tions OF the Window bill and rejected several
amendments thereto.
OPPOSED TO A SUNDAY LAW.
Senator Stockbridge presented in the Senate
to-day two immense packages of remonstranees
against the passage of any bill in regard to OBJ
servance of the Sabbath, or Lords Day, or any
other religious or ecclesiastical institution or
rite: also against the adoption of any resolution
for the amendment OF the National Constitution
that would IN any way give preference to the
principles OF any religion above another, or
that will in any way sanction legislation upon
the subject of religion.
These remonstranees contain individual sig
natures of 30S,S77 citizens from different States
and Territories, as follows Michigan, Al, ,f47;
Minnesota, 22,S30; Wisconsin, 20. $50; Kansas
z0075; California, 90 ,42S; Ohio, 1850.
FOUR PER CENT. BONDS.
The Secretary of the Treasury announced to-
day that he was prepared to resume the pur-
chase of per cent. bonds to such amounts as
Treasury. All offers at SOB per 500 or less will
be accepted.
FOUR MILLION ACRES MORE.
entered into with the several bands of Chippewa
Indians in Minnesota under the act of Congress
of January Ii, 1889. Four million acres of land
are ceded to the Government under this agree
ment.
Referring to this approval, the Secretary of
the Interior has promulgated notice warning
would-be settlers that tn sc reservations are not
yet open, and that they must not trespass
thereon.
THE SCHOONER REBEcCA.
resolution was adopted in the House
this morning asking the President to send to
the House the correspondence between this
Government and that of Mexico, in relation to
the seizure of the schooner Re5ecca, at the port
of Tampico, in February, 1884.