New-York tribune., 1890-06-18

- ooo ooo worth Of silver bullion month nor moro
than $1,000 GEO worth per month OF such ou'on' i
hereby repealed 49,, -,
So / That the certificates provide for In this act
and ali silver and gold cerhcatcs ALREADY issued sha oe
receivable for all taxes and dues to th United states oil
every description anG shall BE- Legal ehuer io' 'c pay
ncnt Of all debts, public and private.
sec = That owner, Of bullion deposited Tor coinage
shall have the opportunity to receive coin OF H' cq"
alent in the certificates provided for tins act anu ''
bullion shall DC subsequently coined -
Sec. 6. That upon the passage oi ,hlS a'o s' s.,
ancos standing with the Treasurer Of the Ohtou '"V
In the respective credits Of National BANKS io' u''
made In redeem the circulating notes such banks ana
all dcposi,, thereafter received Tor k ploS' Sai j"
covered into Treasury mscollnoo"s feccP" e,O
th, Treasurer Of the United States shd redeem l'o
general cash I'm the Treasury circulating notes OF Sau
banks which may come into his possession subject 10 re-
dcuntlon: and spon the certificate o the Coh,ior o
the Currency that such notes have ben rec'N'u ~ ~
and tina, thcy have been destroyed, anc that no III
viii be issued in their place feinoIS'"'" o.,,
amount shall be made to The Treasurer und'r 'u'h
ticns a, the Secretary the Treasury nay rcsc'p' ~
an appropriation hereby created. to be 'no"h a. ''
BANK notes redemption account mt the PRIV, ,
this act shall not apply to the depeV' rt' rt''''." ~
Section 3 Of the act Of June 20 1874 requiring tN''' "
,ona bank To keep in lawful money With th' I''N"i.
Of the United States a sum equal to' per '''' -.
circulation. Be held and used for H. l'u'"P' -. a.
circulating notes. and the balance rm'Iil"-
,,sit. 50 covered shall the close each month"; !" w.
,tad in the noutby public debt statement as ueoV oi
the United States bearing no interest. -,ou, .,o
The title Of the bill was amended 50 As 10 S'o" .'o
real purpose Of the new -mmeN' ~ "P'" "''
mint, to the unlimited conage of ,IDe ,,tnr today He
criticised the unfreudly attitude OF me ~
toward tne >fJI a M 4TrSS,ry. ne ~a struck vicously
al the Interests of silver. me Wi'c F%oIIa.e silver
iou,c bill seemed to he TO dcsrau' % ' TnaYcc Com.
In the amendment, reported from thc tod frnm,
nttce ole obnoXions clause had ben el~h,avVn ~ 'I' I
the House bill the bullion rcdeIp,'oIi, ui,vcr Iii was
NJ FAR rrna,er importance than the Election 9il the
AMI Gerry wandering Till, or the itrn tIot,rn ard
the south and West met on commol ero"iu '''''''NN
by GGmmC t5 am1 iSe P' racic. and compliments from
scnstdr" proved that Mr Wocot maiden 'pegch IN
the senate recognized a. great u,,i''S ,nTyi'S
The senate then voted on tH SSr SiaeG's rii Wss 10 70
ported by the Finance commlticgT nocs ilsncG
for the purchase OF -iI'er I,N. ant pIyatc" The
amcndmcnt Wa, rejected yeas II mays. 'o-and th'
provision remains IN the iH. ., ,o .trilc opt
the LuIlion redemption clause. Wa aEH,u 10
vc,s ~. nav, ,thc nays hcine Nc>>rS. 'hahdlcr'
frye, Hale. iscock Hoar Morrill, ana oi,i W. on,
The next vote on the amcncnrh' u" ''lhc "'io
The pricr was ~ for 37l II grams of pure silver
II wa, rejcctcd-ycaS, l6 nays 4e 50 lhe se'"'A i
retained. .o.,,,,.. a..
The amendment wa, rejected yeas. {. NAYS "4, ITO
yeas were Mc>-rs. Chandler Ednnud-. Morrill, ana
Mr. Blair offered an amendment limiting the amount
Of silver 10 hc coined 10 five million dollars month";
Nr Pmmb then "Sercd hi, fire coinage amend
mcut in lien Of the first section OF the House DILL
~ 4 new .ecton-Scction ?we~ added 70 The t!Il. ILL
and Nj. Reagan proposed >uDstut" ior secl or.
gave r-o to considerable debate which Wa begun by
Ni' Wi,h io ,iy that am opposed to the bill now
stands, and every Of IT, amendment, in general
and in partic lar and. therefore, t%t am ~" 20 W pV
called upon hereafter t. account for having allowed a.
amendment to pass without calling for tDr yea ana
nays. an willing to deliver over 70 tnc p"m",Ie,l,
party the management Of the finances ~ me country
for tho time beIhs, uiiN & &Sl, t,,,di,,, tc yc,-
gwen Z, thl, hoodIum which is set mp laughter. ~
Mr.. Plumb-Ihe question a. to thc rel ',e,oln% I.
sroI,cpce exccpt 10 himself But when he says that
We arc going 10 deliver over t. tie Democralc
hIhn{ hha I,e he i.'n' IL going to do Win tho Repub
Ncan platform. i he going 10 consent &" ag.cS
that the platform of the Republican party. adVllHn
in Chicago in I--- shall he the platform 9l tlc
Democratic party II he j., Is he gong 10 Glaiin -,
Ioui- in l--8. when Mr. Cleveland wa nomlnaici
Names are sometimes things prefer To beteve rev,
TcrI4rnt does moi rcr-eseni either himself or tic
Republican party. IL will some day tink letter OF
nand~ Of The people Of The tinted states in regard
10 Tie currency supply and the material ci WNch
II Is to be composed. am not willing mat ~" re'
marlls Of tie Srnator from Vermont shall 60 10 INC
country AS representing tic Republican party al'h"usn
% cnur.e. il IL question between lHr HTDhtpT
acd me he would be entitled 70 represent IT, and not /
Mr. EdmundsI stand by the Republican platform
fully and in all it, mplcauon, bn, o, lnchd'; @ ,ncr ur
deuded followers and coad utnr, daughter nave aan
doucd that Republican platform and ut.nsIorln'a III ~
into platform which no Demo Tdtlc convention -
dared to make. and which no Democrhuc hoil'r
tration and no Democratic House ever dared to pro
pose because they knew that, swiftly ~ might lale q
Wear or tvol the people Of the ntcd States
wOuld find ont that they had been dcudei ana nised
BY getting up that cry in behalf Of people VINO nave
sell and Of people VINO nave ~
pay-a cry Of expansion. And when the expansion
tbe detior Who viii have proatcd by the expansion
but it i, the very people against whom ihgSe sen'ngn
are now bowling - strongly mat VII nave mSie
an the money. That i what all human experience
Mr. Vcst-The senator from Vermont has Ioade an
assertion which il directly cOntr dCicd ~ Inc
Record and IS historically untrue; The iou,c ID
1s77 with large Democratic majority, dd pas. a
free coinage act pure and simple T. csmc s to tne
senate and mutilated here the ne ice c3lneeo
feature Of it was taken ont Of it by the kepubh'ah
Mf. EdmHndsoh' y@, had torgot,en ts" I'e 'here
there was The Democratic party hcng s ~. ~ 1a- ma-
orty in the House IN - Or 777 dG pa a., ,. con #
now in order by appeals to the worst instinct, %
;hc people ~ do something which might bring u lM,'
land wa, elected. And. having been elected by thcir
vote. Mr. Cleveland was wise enough and brave enough
to tell his Democratic supporters tl" tiat r0fi W u
lu-iOn could not be carried into piactcc. me prmo
cratic party wise enough 1or wonder 10 ' abs
lu,cly silent for four year, on that t"pc' 30
Democrat in either lIous" during the four year
Of Mr. Clcveland's Administration. opened his Up.
Ia relieve q suffering pcOplc,uncrng rom want oi
the coinage 81 silver dollars And therefore -N'
that this bill is the now platform (ren"wed from I''7
10 i9gOl uf the Democratic party when IL mas no r.
sponsibty Gnd agree that 1t ought never 70 nav
anv and that its purpose is 70 entanelc tlc lp"phaI
party and 10 deliver II over 10 the DeihOcfaI' party
After Mr. Reacan's amendment hah been agreed
TO- Mr.. Teller moved 10 add this e. "A new section
THAT the certificates provided for in this act shall be
receivable for all taxes and du"s to the 'nltd
states Of every description and shai be legal lender
for the payment Of all debts. public ana mlVa,r,
After "A long discussion by senator IIaI' 'i'N an"
Evars. against the amendment and hf NrhHors
Morgan and Daniel In favor Of IT, 1t waN honIhcu '9'
the suggestion Of Mr.. Eustis by adding me Woios
and all silver certificate ALREADY issued anu ~
50 modified IL agreed tO-ycas "a, nays -
Mr.. Plumb moved " insert tn" following as az
additional section The owner, Of bullion deposited
for coinage shall have the option 10 receive com or
IT, equivalent in the cerIncatc prONidc1 Tor III ul'
act. and such bullion shall be suhseqnentN coined
Th.~ agreed tc.
The bill then reported 10 the senate 'up aii ~,
amendments agreed to IN the Committee OF 'hc ""o'
were agreed to In the Senate: yeas 40. nays 20 4,
Mr.. Cha,dlcr owed 10 insert the following lhci,u
.fI.r.. IL srH(Gl