The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-06-10
DOLLARSMADE OFSILVER
SENATOR CoCKRELL FAvoRs FREE
COINAGE.

He Objects to Giving the Secretary of
the Treasury Discretion in the Mat
ter - The Difference Between the
Existing and the Proposed Law Ex-
planned.
WASHINGTON, June 9.-The silver bill
was taken up by the Senate at noon to-
dav. and Mr.. Cockrell addressed the Senate.
He spoke for free silver coinage. If the
pending bill be enacted into law, he said,
the further coinage of silver into standard
dollars would rest wholly in the mere dis
cretion of the Secretary of the Treasury.
He could coin it or not, at his pleasure.
Under the law of February, 1878, the Secre-
tary of the Treasury had to purchase not less
than 81, 100000 worth Of silver monthly
and coin it into dollars, and he could if he
wished purchase and coin S4 1000, 900
worth a month. Under the pro-
posed measure the secretary would
have to purchase "a, 100000 worth of silver
every month and pay out treasury notes for
it. but he was not required to coin any Of it
into silver dollars. Where then, he asked.
was there any benefit in the proposed bill
over the existing lava All the benefit he
could see, or that could be claimed for the
proposed bill, was that the secretary would
be compelled to purchase $500, 900 worth
of silver every month more than he now
had Il right to purchase, and that the cur
rency would be increased to that extent.
MERE COMMODITY.
The silver bullion was to be treated as a
mere commodity and was to be given none
of the equivalents of money or currency.
Why, he asked, continue that legal discrim-
ination and in that relentless warfare against
silver? He sketched history of legislation
in the United States touching gold and
silver, and asked whether there was any
valid reason justifying continu-
ance of the existing discrimination
in favor of free and unlimited coinage of
gold and of the issue of gold certificates for
gold bullion and against free and unlimited
coinage of silver bullion into standard dol
lars and the issue of certificates for silver
bullion. He denied that free and unlimited
coinage of silver and the issue of certificates
for silver bullion would be in derogation Of
any obligation to the creditors Of the nation.
THE HOUSE SILVER BILL.
At the close of Mr.. Cockrelps speech, the
House silver bill was laid before the Senate.
Mr.. Teller moved that the bill be printed
and laid on the table.
Mr.. Harris-Without reference to the
finance committee!
Mr., Teller-Without reference.
ILL., IlOdI-h6 q WalU uIlbll BOIQ6
member of the committee is present.
Mr.. Teller-Let it be ordered printed
and laid on the table. 1t was SO ordered.
Mr.. Vest, in pursuance of the notice given
by him last Saturday, asked the Senate to
take up and consider the bill reported by
him from the select committee on transpor-
tation and sale of products, ITO prohibit
monopoly in the transportation of cattle to
foreign countries" and stated as a reason
why pCtIOn GhOt11d ha foly No1x
that the tariff bill, as he had been informed
by member of the finance committee,
would be before the Senate within a week.
STEWART PUSHING SILVER.
Mr.. Stewart asked unanimous consent
that on Friday next at 3 O'Clock, the Senate
shall vote on the silver bill and all the
amendments proposed.
The presiding officer CMr. Ingalls, sug-
gested that there should be at least a quo
rum present when unanimous consent was
asked
Mr.. Stewart-Then give the notice that
when the bill is taken up tomorrow, l shall
ask unanimous consent to have the time
fixed for taking the vote.
MIR. Blair gave it as his opinion that the
lnattention of the senator's and the persist
ent absence of quorum were owing to the
"dreadfully dry and uninteresting nature
OF the speeches." and he added that the
Senate had not been truly and intellectu-
ally entertained since the close of the de-
bate on the educational bill" Laughter. I
Mr., Vests bill was then taken UP, and dis
cussion of its provisions was carried on be-
tween Mr.. Vest in defense of them and
Messrs. Hoar and Hale in an attack upon
them.
PROVISIONS OF THE BILL.
The bill provides that no clearance shall
De granted to any vessel plying as COM
mon carrier from the United States to a
foreign country, the owners, agents or
officers of which shall refuse to receive any
order they may be offered, said vessel
having storage room for the same, any
cattle for transportation to foreign coun-
Try, said cattle being in sound condition
suitable for transportation, and the ship
per rendering reasonable freight there
ior; or who shall make any contract OF
agreement creating monopoly of the capac-
ity OF the said vessel for carrying cattle,
III violation OF the law governing and regu-
latlng the duties and obligations of the
common carriers of cattle to the public, and
providing against unjust discrimination be-
tween shippers.
Mr. hale moved to amend the bill by
inserting the words mot already con-
tracted for in good faith by persons or
parties having cattle for transportation at
the date OF such contract sufficient to oc-
cupy such storage rooms" The vote on
Mr.. Hale's amendment was, yeas 10,
nays %.
no quorum having voted, the Senate
without further action on the bill or the
amendment adjourned.