Morning journal and courier., 1890-04-24
News by Telegraph FROM ALL QUARTERS. MORE TREASURY NOTES. Action of the Republican
 Caucus Yesterday. FIVE HUNDRED DAHOMIANS KILLED. Three Men Killed by a
 Boiler Explosion. A TRAIN WRECKED IN THE WESTa More Details of the South
 ern Floods.
A TRAIN WRECKED IN THE WESTa
THE SILVER QUESTION.

An greement Reached by the Kepub.
 licans of the House ana Senate Upon
 the Basis for she Preparation of a
 Silver Bill-Texs of the Bill as Agreed
 Upon-Caucus of Republicans Last
 Night in Preparing the order of Busi-
 ness-Attenlion Turned to the MOT.
 Till Service Pension Bill.
 WASHINGTON, April 23.-The republicans of the house and senate have agreed upon the agreement is in harmony with the measure adopted by the senate caucus committee with one important amendment.
 The following is the full text of the bill as agreed upon:
 That the secretary of the treasury is hereby directed to purchase from time to time sil- yer bullion to aggregate amount of 4,500, 900 ounces of fine silver in each month at the market price thereof, not exceeding $1 for S7125 grains of pure silver, and to issue in payment for such purchase of silver bullion treasury notes of the United States to be prepared by the seo- retary of the treasury in such form and of such denominations, not less than $1 nor more than $1 1000, as he may prescribe, and 8 sum sufficient to carry into effect this bill is hereby appropriated out of any money in the treasury not otherwise appropriated.
 Section 2-That the treasury notes issued in accordance with the provisions of this act shall be redeemable on demand in lawful money of the United States at the treasury of the United States or at the office of any assistant treasurer of the United States, and when so redeemed may be re- issued, but no greater nor less amount of such notes shall be outstanding at any time than the cost of the silver bullion than held in the treasury purchased by such notes and such treasury notes shall be recsiv- able for customs, taxes and all public dues and when so received may be re-issued and such notes when held by any national bank- ing association may be counted part of it's lawful reserve; provided, that upon the demand of the holder ot any of the treasury notes herein provided for, the secretary of the treasury may in his discretion and under suoh regulations as he may prescribe ex- change for such notes an amount of silver bullion which shall be equal in value at the market price thereof on the day of exchange to the amount of such notes.
 Section 3-That the secretary of the treas- ury shall coin such portion of the silver bull lion purchased under the provisions of this redemption of the treasury notes herein pro- vided for, and any gain or seignorage arising from such coinage shall be accounted for and paid into the treasury.
 Section 4-That the silver bullion pur- chased under the provisions of this act shall be subject to the requirements or exstlng law and the regulations of the mint service governing the methods of determining the amount of pure silver contained and the amount of charges or deductions, if any to be made.
 Section 5-That 90 much of the act of February 2s, 1878, entitled "An act to au- thorize the coinage of the standard silver dollar and to restore its legal tender char acter," as requires the monthly purchase | and coinage of the same into silver dollara of not less than two million dollars nor more than four million dollars into silver bullion is hereby repealed.
 Section 6-That this act shall take efect thirty days from and after its passage. Senator Teller, of tho senate sub-commit.
 tee, did not agree with his associates in the conclusions they reached, but they were
 adopted by the full committee of thirteen
 without his single dissenting vote. Speaking of the matter later Senator Teller said ht
 had announced his purpose not to support
 Q bill that gave to the secretary of the treas
 ury the option of redeeming the certificate ir
 bullion and he would not do so. He would
 for himself, he said, make an effort to secure
 free silver coinage, failing in that he would
 accept the next best thing he could get When the measure came up in the senate fol l action, he said, he should oye to make tn, l oerti6catea leual tender