Morning journal and courier., 1890-06-12
FROM ALL QUARTERS.
news FROM THE CAPITAL
The Silver Question Still
Under Discussion.
FORTY PEOPLE BURNED TO DEATH.
A Race Horse Drops Dead
at Morris Park.
SERIOUS CYCLONES IN ILLINOIS.
Appropriations Submitted
to the House.
FORTY PEOPLE BURNED TO DEATH.
SERIOUS CYCLONES IN ILLINOIS.
THE FIFTY-FIRST CONGREsS

reports were made from the finance COM
mittee on Mr.. Stanford's bill for government
loans on liens of real estate and on the bill
to abolish metal money, and the bills were
postponed.
The silver bill was reported to tie senate
to-day by Chairman Morrill, of the finance
committee, with sundry amendments. The
provision making the notes issued for the
purchase of bullion illegal tender in payment
Of all debts, public and private" was stricken
out, leaving them receivable for customs,
taxes and ell public Dues" and redeemable
in coin. The bullion redemption clause Yves
also stricken out, likewise the section provid-
ing for free coinage of silver whenever the
market price Of s7lS5 gains Of pure , silver
shall be 81. Another amendments limits
the operation of the bill to ten years from
the debate Of its taking effect. The amount
Of the monthly purchase of silver bullion,
81, SOC, 600, ives not changed. Except in the
matter of the ten years. Limitation, the bill rs
1t came from the committee to-day Is practi-
cally identical with the bill reported Febru'
ary rs from the same committee by senator
Jones, which is now on the calendar and
under discussion. Senators Allison and Vcor'
hees were not in attendance upon the meet
ing of the committee, and the changes were
not seriously antagonized by the members OF
the committee opposed to them, their desire
being to get the bill promptly into the SEN
ate. where efforts will be made to amend 1t
in various particulars. An impression pre-
walls that the majority of the finance com.
mittee do not really expect to have all or
their amendments adopted, but that they
1.-THE amendments) will serve az basis for
concessions to be made At a future stage of
the proceedings, either In the senhto OF III
conference.
The senate silver bill YVES taken up and
Mr.. Eustis addressed the senate favoring the
unrestricted and free coinage of silver. He
considered that the proposition for the free
coinage of silver was simply an extension OF
the existing system of finance. 1t was no ex.
pertinent. There was no novel feature about
it. It would not be any surprise to the
American people: 1t was not complicated
system. The question was whether the ex-
listing system could be extended with
safety-whether the country could con-
tipue to travel In that road in
which 1t had been travelling. To his
mind there were not pitfalls at all IN
that road. The American people had
tried the experiment and were satisfied with
1t, and they simply demanded that that ex-
pertinent be developed and extended. That
was the question before the senate. He di.
vided his consideration of the question into
three periods-1878, when the Bland dollar
was passed over the presidents veto; the
period of the Cleveland administration,
which was openly and boldly in favor OF the
decentralization Of silver but met the oppo.
sition of its own party in congress, and that
of the present administration, which had
recommended the outlines of MT. WINDOWS
proposition and had given half promise
that it would communicate further
with congress on the subject, half
promise which had not yet been
fulfilled. He declared that executive
pretensions, executive resistance and execu-
tive obstruction should be overthrow by
the populsr will represented in CONGRESS.
If, in England, France, Italy or other Euro
pean countries, the executive department. OF
the government tried las Amel ican admins
trations had done) to impose Its peculiar
views on an unwilling constituency on such
a vital question the ministry would be over
thrown in tuenty-four hours. Secretary
Wiudom had prepared his bill. 1t had been
referred to the finance committee and that
committee had reported q substitute Tor II
and not solitary senator had yet said one
word in defense Of the bill prepared by the
secretary of the treasury. He went on tc
criticise the views put forth by MIR. Window
| in an Associated Press inter siew and charac'
terizad as prepost 3Ious-as absurd-Ar
Windom's superstition that the balance
of trade might be against the United States
| in which case gold would be drawn from thu
| country. The secretary, he said, had mo-
| made a pre- diction that the balance of tradt
| would be against the United States, because
| he knew perfectly well If he had done 30 Il
would have been falsifed the very nomen
he uttered it, and 1t would have died upoI
his Inns. Between 1878 and 1880 the exports
| had exceeded the imports by about billion
of dollars. 1t ws3 therefore preposterou
| for any one to assume that in any one of tn
future immediate years there could possibly
be q balance of trade against the UNITED
States. He could only imagine one contin
gency in which the balance of trade could tprl
against the United States. That contingenc
was that by the passage of high protecuv
laws this country wfs declaring industrls
war against England, France and Germany ny
and that those countries might accept tn
challenge and say that If the American polio
be policy of non-intercourse they woui
accept 1t and would tax American cereal
and cotton and beef. When that time cam
when those countries said to tie Unite
States: "You refuse to receive our manu-
featured goods es our products, and we wi
retaliate by refusing to receive your Pre
duots," then the balance of trade would
be universal bankruptcy In the agricu
tural districts. But the cause OF II
evil would be not the coinage {
silver money but high tarif-e1elusi!
prohibition legislation. In conclusion ID
Eustis contrasted the Young emperor OF 6e
many and his sympathy with the workir
classes with the president of the Unite
States, who, he said, we1 not as accessin
to the American people e. the ;. aes%an ~ ~
president of the united States was net
sympathetic with the grievances OF the pc
n,e as the German emperor had shown hir
self to be. The remedy, however, was
the hands Of the American people, who alo
made senators, representatives and pres
dents. ,
Mr.. Turpie next addressed the senate.
favored the free coinage OF silver lof "
Iessons-first, because 1t would increase t
currency: and second, because 1t would a.
Greatly to the value of silver, an Americ
nrodnct. He was much inclined to favor
10 plans spoken of by the recent pan-Amerie
r CONGRESS, an international agreement 10 CO
F. a dollar that should be legal tender q
g standard of value current IN Gil the thl
{. Americas from the British possessions
Il NORTH, America to Cape Horn. He belle
!. that anch a dollar would do very much
II wards makipo closer and more profitable I
D. realations of commerce and exchange Il
g. OUGHT TO exist among all the free peoples
e !. the American continent. Besides that
r. would have direct tendency to appreoi
Is silver in all the markets OF the world. !
"a pan- American dollar W0ul0 Az asl0W ~
d make it's way and be as current in China
y Japan "a Ia the United States. Il wo
= then and it's way into the Bank OF Engla
I. the bank of Amsterdam and into those Col
tries whose fiscal system now denied ourrel
q to silver.
q, AS no other senator desired to speak
"a dav on the question the silver bill went o
he without action until tomorrow.
nS HOUSE.
Rhe The speaker announced the appointm
ct. Of Mr.. Hills of Texas as a member of
committee on rules, and Mr.. Turner
m. Georgia as a member of the committee
nd WAYS and means to fill vacancies oecasio
ne by the resignation of Mr. Carlisle. 80
ch Mr.. Morrill, of Kansas presented the c
les ference report on the senate dependent I
M springer of Illinois asked that the
!. mort 90, over until to morrow in order TIL
might be printed IN the Record and mem
be given an opportunity to examine It's
LID visions. but Mr.. Morrill, objected. The
yious question ives ordered-yeas 119,
me rs. 3.
4