Sacramento daily record-union., 1890-09-19
CONGRESSIONAL.
IN THE SENATE

WASHINGTON, September 18th The resolu-
tion offered yesterday by Plumb, to recommit
the bankruptcy bill, We nj over till tomorrow.
Plumb offered a resolution directing the Sec
retary of the Treasury to inform the Senate
whether the rule or olicy of his depart ment
which requires the payment OF checks for silver
bullion over the counter OF the suD-treasury. in
stead of through the proper clearing house, does
not result In paying out notes of larger denom-
nations, instead of those suited for circulation
and use in ordinary business transactions and
whether such method OF payment does not re-
suit in the payment of gold instead OF treasury
notes. As reason for Offering the resolution,
Plumb sent to the Clerks desk and had read a
letter from member OF the New York banking
houses stating facts as 10 the payment of such
checks, and venturing predictions that the sill
yer question was not finally settled, and that
New York speculations and the accumulations
OF silver threaten TO arouse il.
Plumb spoke of Il conspicuous illustration
that had taken place within the last four days.
of the impoliey of allowing the Treasury be-
partment to obstruct or accelerate the busine SIS
OF the country. For years the Treasury De-
partment boarded money, and during all that
time the volume of currency was constantly de-
c,easing, on account of the withdrawal of Ma
tional bank notes. The Secretary oil the Treas
ury has seen the business OF the country ham
pered on account of that lack Of money. but
waited until panic was impendiDg-not q
brokers' panic, but a siringency 4, t money that
affected the banks o. all cities and seriously in
terfeTed with the operations Of ordinary busi-
ness. And then the Secretary had given money
to the holders OF Government bonds under such
circumstances to enable them, ''and not him -
to control the money supply of the country
during their pleasure. Money which few
days ago had been in the treasury, and which
could have been | ut out at the will of the Sec
retary was to-day IN the hands of men who
owned the bonds to the amount of $50 600 OC0.
1t was peIfsctly safe TO say tnat these men hav-
! ing that money, would use it to benefit them
selves and not in the interest Of the people.
Nothing bat an overwhelming calamity would
ever divorce the Treasury from such malicious
| interference with the business OF the country
Sherman said while he had 10 objection to
| the resolution, that which had been done had
been done in the strict execution of the law.
The Secretary of the Treasury had no RI hi TO
pay for silver bullion in anything but treasury
notes. those treasury notes had been issued in
large denominations There had been only q
short time to prepare for the execution of the
law, aud a sufficient amount of treasury notes
OF small denominations could not be prepared.
These large notes necessarily did not enter into
the general circulation OF the country. He
(Shermanl doubted the policy OF paying year S
interest on bonds in advance. The financial
scare was a manufacture swindle, 1t had been
gotten up by brokers. by bulls and by bears and
various kinds of animals who praetieed their
trade IN the exchanges of New York There
was. he admitted, a great demand for monsy
now for moving the Gotten az grain crops, and
perhaps 10 pay for the increased quantity OF
| foreign goods imported in order to evade the
higher duties under the tariff law All these
| things Sherman said, would settle themselves
| In a little while There was no real, serious
| financial disturbances in the country. 1t was
confined to the city of New York. he thought
the Secretary of the Treasury should be per
mitled to use his discretion.
After further discussion, Plumb's resolution
was agreed TO.
| The Y. .ce. President announced having signed
the river and harbor bill
The calendar was then taken up, and the fol.
lowing bills among others, were passed: The
House bill to amend the articles of war relative
to the punishment on conviction by Courts
martial; the Senate bill to provide for the in
speeton OF live cattle, hogs and eareasses and
the products the cot which are subjects of inter
state commerce; the senate bill to revise the
grade OF Lieutenant General of the Army of the
United States; the Senate bill for the relief Of
women enrolled as army nurses, allowing SO 6
month to women who have for six months ren.
dered actual service in any regimental camp Oh
general hospital and who are unable to earn
their support.
The senate then adjourned.
IN THE HOUSE.
WASHINGTON, September 1Sth.-There was q
scene of excitement on the Republican side o,
the House this afternoon.
The Virginia election case was unfinished but
the House itself was engaged in technical pro
eeedings OF trying to approve yesterdays jour
mai. Inc Democratic members were endeayor-
ing in every way to prevent the consideration
OF the election case, and in pursuance of this
policy almost all OF them left the hall to break
the quorum on the question of approving the
| journal.
A call was ordered, which brought in a mum.
/ Der OF Democrats, and the yeas and nays vote
I had been taken on the motion to dispense with
| further proceedings under the call when the
| Democratic members again began to decamp.
| Burrows called the Speakers attention and
] asked If the members present could not be
| obliged to remain.
| The Speaker replied that the rules were in.
! tended 10 secure this end, aud ne did not see
why they were not Observed
| Accordingly the Assistant Doorkeeper directed
| all doors leading into the han be locked.
| Hardly had this been done before Represent
ative kiigore of Texas presented himself at the
door at the Speakers LEFT hand and sought to &c
| out into the lobby. He found The door locked
and the Doorkeeper in charge. Hayes refused
Unlock that doorl9 demanded the stalwart
! Texan
The keeper moved not; whereupon Kilgore
gave sudden vigorous kick. and the fTaii bsize
structure flew and KilgeTe strobe out
he was followed in abouE the same fashion
J by Representative Grain ofTexas Cummings oi
New York, Coleman of Louisiana, who in turn
forced the look open without opposition from
/ the Doorkeeper
! It being impossible to retain quorum. the
House adjourned.