The sun. [volume] (New York [N.Y.]) 1833-1916, 1890-06-13
TIE FIFTY-FIRST CONGRESS.
ACTION ON THE PENSION BILL POST
PONED IN The SENATE

PONED IN The SENATE
s.p,tor Evnrts Argues in Favor or the
Decentralization of sIIver-The House
Rejects tho Conference Report on the
Art,.Tru.t Bm-A s8.9Os.OOo Urgent
Draciency Pension Bill Passed.
w,suIxGToS. June 12.-In the Senate to-day
Mr. Ednunus offered resolution. which went
over til tomorrow, appointing Edward X.
Valentine SerReant-at-arms oil tho Senate 70
take ofI1co on June 30 1890.
MIR Davis REP, Mimi presented the confer
ence report on the Dependent Pension bill, and
explained It. As to the question OF dependent
narents, he said that all the change made by
the bill from existing law was that whereas
existInR law requires dependency to exist at
the time of the soldiers death, the pending
measure merely requires dependency At the
time OF the application. The pension 10 the
aame as under existing law. Tho Senate Dill
fixed the rate OF pensions unqualihedly at sl2
Amonth but the conferrees changed that and
agreed to a pension not exceeding Sl2 and not
less than Sc.
MIR. German Dem. Md asked Mr.. Davis to
mako a statement as to the probable Cost Oh
the bill.
Mr.. Davis said that when the bill was first be-
gOs,O0O He thought that the changes made
would add about four millions to the cost. HIS
own opinion was that the bill would add be-
tween S4l, OOO 900 and s42. 00o. 900 year to the
present cost OF pensions
Mr.. German expressed the hope that when
the report would come up again for action the
Senate would have the estimate moro In de-
Mr.. Davis said he would not undertake 70
make out a bill! Of particulars. ne thought
cost would reach. He should not be surprised
II It fell largely below that sum- or IL IL OK
ceeded 1t considerably. 49,. o-dorod
printed with the bill. as agreed to by the con-
The Senate Silver bill was then taken up and
Mr. Lvarts rep, N. " addressed the Senate.
He said that in 1873 silver was worth IN the
Is7s Il HI had gone down to IS pence: in 1881 to
so pence: and in 1886 when the POTION av was
eGS ainrc 70 he asped had prodncsd that Sudden
change what freak had produced that disor-
der3 Nothing whatever but the folly OF men:
Not satisfied with the wisdom and experience
OF tho world they had made the experiment OF
demonetizing silver; and they mad done SO
Congress were "a hypnotic condition. There
was not one OF them wide ava e. and men
ought to have been wide awake when they were
He characi eriHed the act Of 1873 as a murder
Gus thrust at silver and said that every blow
was blow OF positive law. And yet the argu-
mont was made now that the effort 70 REAR
ike trying to put the, physical body in the
space occupied ny another. After review OF
.ft silver. out OF which nothing had come. he
said that now for the first time in the progress
81 The matter q redress, the question la con
iopiiy in each House, and had the control OF the
executive power; II WAS for that party
tUde '' aud Dol Of delay should be no longer OF.
tended. What then were they to do2
nj ihs 10 he syer the World
Ivarts said that. with the difference In ratios
u5 in Europe and l6 IN this coHntTy. that
o openine Of the m nts abroad tS silver. The
counter of the Treasury and to pay for 1t in
certificates, leaving the transaction at the will
ii s en9 to ST hs s regarded It as be-
ing a step backward. Money could never be
safely treated as GomR me. S 1t was n5 not to
'I Mr. Ianee DEM T. G, said that the insanes.
money BY demonetizing silver at a time when !
the wealth and business of the world had In
no t' misapprehension as to his position and that
no ono should ask on which side OF the CUES;
ton he was he desired to state that ne favored
demonetized. IIs believed that |, was only
States made q beginning In opening the door |
to the unlimited coinage Of silver the COM |
mercial countries Of the world would follow |
the example There never had been a greater |
crime perpetrated against the American peo.
ple by legislation and that was saying great |
deal for he had known some Infamous crimes |
OF leGislation-than the robbinR them Of the |
value of their silver money.
MIR. Morgan Dem. Ala.J said his position on |
tho subject OF the free coinage OF silver nee led
no definition. The very first address he made |
In the Senate WAS in favor OF that proposition. |
and he had no occasion since then to change |
his attitude on that subject. He did not claim |
TO know much about commerce: but 1t seemed |
TO him that II the United States should take |
the lead and restore silver as a money metal. |
commerce won d be stimulated more a und ant /
fabrics turned out In factories. and there would |
he increased activity In the exchanges OF |
these products and commodities.
Without concluding his remarks. Mr.. Morgan
yielded TO u motion to adjourn.
M Ar aanf