Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1890-05-17
CONGRESSIONAL.

WAsHINGToN, May l6th-Edmurdy. from the
Judiciary Committee, reported back he House
amendment 10 the antitrust bi with an
amendment thereto striking Out certain words
and inserting the words, 80 that ates of such
transportation may not be raised above what is
] ust and reasonable" This was agreed to aud
a conference committee appointed.
The silver bill was then taken W, and Sher.
man offered the amendment mentioned in
yesterday s dispatches.
Plumb moved to amend Sherman's amend
ment by inserting, and hereafter no FUNDS
available for the payment OF pu94ie debt, in
Guiding such as are kept for the redemption of
Treasury notes, shall be retained u the Treas
ury in excess OF $40, 09G00j.'
Sherman opposed Plumb's amendment as
putting a restraint upon the Treasury Depart
ment and preventing 1t from paying Govern
ment Obligations as they became due.
Plumb defended his amendment, arguing that
the Treasury Department should have nothing
to do with the currency supply OF the country.
The holding OF money in the Treasury, except
for the needs of the Government itself was an
economic crime. He Plumb did not want the
Secretary OF the Treasury 10 be the instrument
of speculation in Wall street or elsewhere He
did not want the bulls and bears of New York
Specializing on what the Government was going
10 do about retaining or putting ont money. He
did not want TO nave Treasury points peddled
on Wall street as coming from persons ''neaT the
{ hrOne. Congress ought 10 put limit on the
amount of money To be kept on hand in the
Treasury, so that whatever the result might be.
it could never be imputed to the Secretary that
he had used his great discretionary power
either unwisely or wickedly.
Discussion was further continued by Sher-
man and Hiscock. Coming to the discussion OF
the silver bill ITSELF sherman said he did not
like some its features, but he may be driven
o support it. some OF the friends Of the BILL
he said, seem TO have abandoned il already.
There are some good features IN it which like
very vel. il We can agree upon some measure
that viii furnish the people with more money
and tend TO advance silver bullion nearer the
standard Of god. am willing 10 vote for such
measure, but 10 not want to embark upon
la "a faH Sal
don't want Corgfe to pledge itself to buy all
the silver that Is offered. Let those who would
take the risk OF such speculation take IL; but
anything whatever that can be done b. this bili
or any other to give US more good paper money.
based on se;usl deposits OF gold and silver
bu lion or that VIII raise the valHe Of silver,
VII favor. II we eau adopt a measure that viii
make use Of both gold and silver and keep
them ogether az par with each other, l wifi
vote Tor II. II rot, ] viii content myself BY
S Imply voting IN the negative.
DiscU sion was continued at great length
finally turning on the monthly debt statements
OF the Treasury.
Ingalls, asserted he found in them "as,ound-
ng amazing, eewiidering and irreeoncilable
discrepancies.
ssersnan undertook to explain them and
Allison gave views upon them. Allison said
there was au enormous bot widespread belief
the country, particularly IN the West that
here was al immense amount OF Government
money stored up in the Treasury while in fact
he real surplus was, as stated by Sholan, sS5,-
90 Ca
The silver bill then went over without action
and the Senate adjourned
~ THE HOUSE,.
WASHINGTON, May lG5h.-In the House the
Senate biz was pissed authorizing the registrs-
tiou pf census mail matter
The House then went into Committee of the
Whole on the tariff bill number OF verbal
amendments were, on motion OF Mckinley,
made 10 the bill
Mckinley offered an amendment specifically
including glass ehimueyS II the clause relative
to blown glass at a duty OF 10 cents a dozen and
40 per cent. al veiorem. Mckinley said there
were things IN The bill which he did not ap.
pr owe. There were amendments he would like
omake If be alone We're 10 be consulted, but
he committee had TO lock to every interest in