Morning journal and courier., 1890-06-17
THE rrrrx-rrnsr CONGRESS.

(E4tAk AMW WDWQlTlK THE FIFTY-FIRsT CONGRESS. Passage of the Deficiency Approrria- ton Bill for Pensions and the Census
 Debate on She silver Question Re.
 sumed-An Address by MT. Allison o1
 Iewa-The House in Committee O1
 the whole on the 8undry Civil APPro-
 prIat1on BiIl.
 WASHINGTON, D. C., June 16.-+A message from the house asking further conference on the antitrust bill was presented, and the re- quest was assented te after remarks by Sen ators Edmunds and Vest.
 The deficiency appropriation bill for pens sions snd the census was reported and passed.
 Mr. Dawes introduced bill to retire Gen. eral Banks as major general of the United States army, and presented 8 petition of the members of the Massachusetts legislature in gid of it. Referred to the committee on military affairs.
 MT. Platt presented 8 petition in favor of an increase of duty on see ds.
 Mr. Blair introduced joint resolution re- questing the president of the United States to institute an international conference to meet in Washington in February, 1891, with view to the formation of an international alliance for the suppression of slavery and the slave trade and of the traffic in intoxicat- ing liquors. firearms and destructive subs stances with uncivilized people, and to pros vide for the establishment of schools of com mon knowledge, art and industry; also to secure the disarmament of nations and the establishment of international contracts, and appropriating $100,000 for the expenses of the conference. The joint resolution was laid on the table, MT. Blair announcing his intention to address the senate hereafter on the subject.
 The house silver bill was taken up and Mr. sDaniel resumed the speech begun by him last Friday. He expressed the belief that the coinage of silver was safe and proper. If 1t was not safe the fact could only be shown by what was to degree an experiment. But it was an experiment. that could be made without peril, as there would be ample time to correct any evil tendency that might be developed before any harm could happen. And 1t was an experiment necessitated by the demands of the times and by the disor- dered system of finance into which the coun- try had been thrown.
 MT. Allison next addressed the senate. The house bill, he said, which was now the pending bill Gall other bills and amendments having passed away), was substantially the bill proposed by the finance committee when it made its report originally, with the excep- tion that the house had added to it @ pro7i- sion for redeeming in bullion and a provision relating to free coinage when silver should come to par. These were the two vital amendments made to the bill as it was orig. inally reported from the finance committee. As he had assented to the original report, he expected to vote for that report substantially, as he believed it was the wisest and on the whole the best solution of the question. The bill, having been referred to the finance oom- mittee for the second time, the committee had reported back two oamendments-ones striking out section two of the bill (relating to free coinage after certain point) and one insert ing provision that the act shall terminate at the expiration of ten years. He would support the amendment to strike out the sixth section, but he would not support the amendment limiting the operation of the bill to ten years. He regarded that limitation as unnecessary and inaperilling the efficiency of the bill. He did not believe that the bill would last ten years or anything approaching ten years. He had agreed to that report on two grounds. One of these was that it was necessary to increase the currency under the present exigency and situation. That necessity came from the fact first that the United States had by It's legislation and by it's pulp lic policy taken entire hold and control o1 the paper money of the country and there was no disposition anywhere to allow to be paper money. Therefore, the United StateE having taken under its control and dispo l sition the entire question of the paper money of the country, it was the duty of congress ! to provide reasonable supply of currency l By the payment of the public debt the na tionsl bank circulation was gradual, | passing away and public opinioI seemed so strong against allowing any l government bonds that bills introduced II
 each house allowing a differen
 security seemed to have met no favor. Tn l question to be considered was what currenc, could be safely substituted for the nationa
 bank circulation. It was evident that pub
 lie opinion favored the issue of that cur
 rency by the government. Various project
 had been suggested as to how that currene
 should be issued--one that it should b ! issued on farm produce aud another that
 should De issued on liens of real estate. Bu
 the judgment of the finance committee wa
 (and he thought it would bs the judgmen
 of the senate) that if the government issue
 paper money it should issue it on somethin
 that was in and of itself eonvertibl
 into legal tender money. Therefore
 the bill proceeded on the idea ths
 whatever paper money should b
 issued shonld be issued on silver bullion
 purchased by the government in the market
 of the world at the market price. Why, b asked, had silver bullion been selected as th basis for that new paper moneys It was b; cause the public mind rested in the belle that sooner or later that silver bullion woul be coined and would become 8 part of th metallic currency. It was on that basis ths : he would vote for the bill. It was on thi basis that he was willing that coinage of si
 yer dollars as now provided for should csas
 There were two or three varying opinions
 to the compulsory feature of the present la for the coinage of silver dollars. The |, were people who believed that the coine , dollars in the treasury were uselei 8 and that it would be wise public policy Q cease that coinage. He for one did not sha
 that belief. He believed that it was just
 we'll to continue then to the utmost limit
 four millions each month. But thers was s large public opinion against that view, an ], therefore, he consented that the bullit !, should be left in the treasury uncoined.
 did that the more readily for the reason tn he believed that sooner or later the Unit, : States would have to change the number ], grains of silver in the dollar, and, thereto, t the dollar now coined would be recoined. was therefore willing that the bullion shou - lie in the treasury until it was knoy
 whether there would be an interna.ior
 agreement as to the ratio. It was true tt
 the present bill provided that the bullion '- the treasury should bs coined for the
 demption of the treasury notes. Whatey g might be the opinion of other senators !. that respect he did not labor under | y delusion that in the near feature under {
 provisions of the house bill or of the sem
 bill any additional silver dollars would n- issued. There were now more than 300, ,0O D. 900 of coined dollars in the treasury agai ly which silver certificates had been issued, ;g i9 that although these dollars belonged to to holders of the certificates the oertifea of were payable for public dues on oI, when they were received into in treasury they belonged to the gove g ment of the United States, 80 that the gove es fS ment would always have working bala ee sufficient to redeem those treasury notes. tn believed that the only safe way to rehat aT ace tate silver was to secure 8 concurrent agl he ment among the nations whereby they wo d. open their hints concurrently to the ,6 Se coinage of silver at an agreed rate. So bel 3 ing, he was willing to go on as they were ow ing on nov with a provision for the us ,oD ,toC silver pending negotiations that ought tt uE. had for the restoration of silver on s' .es. agreed rate by the nations of the world. l kl@ 1s L. Akn1