The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1890-07-17
SENATOR TELLER's,BILL FOR
AN INTERNATIONAL BIZ
METALLIC CONFER
ENCE.
COKE UPON THE SUBSIDY BILLS.
House Proceedings Yesterday-Matters
and Things Around the Federal Cap
INSTRUMENTATION, Confirms
lions and Other Con-
gressional Drift.
FIFTY-FIRsT CONGRESS.
SENATE.

SENATE
WASHINGTON, July 11.-Senator Teller in
PRODUCED joint resolution declaring it to be
the determined policy Of the United States
government to use both gold and silver as
legal tender MONIES instructing the presi-
dent to invite the governments of such
countries as he may deem advisable to join
the United States in conference TO adopt
common ratio between gold and silver, for
the purpose of establishing internationally
the use of bi-metalic money, and securing
fixity of relation between these metals.
The conference is to be held at such place
as may be mutually agreed upon by the
Executives of the governments joining it
and when in the Judgment of the president
a sufficient number of nations shall have
en,ered into such International arrange
.ment he shall declare the ratios so fixed to
be the ratio in the United States. The
president is to appoint no less than three
nor more than five commissioners to attend
such conference on the part of the United
States and who are to receive $500 and
their reasonable expenses. The joint reso-
luton was referred to the finance COM
mittee.
The shipping bills were then taken up
and Senator Gibson addressed the senat
against the proposed subsidies for ships
but in favor of moderate postal subsidies
He spoke of the importance of building
government dry dock at New Orleans and
reforming the tariff by admitting commod-
tiles from the South American States at
a lower rate of duties, but there was moth
ing he said, more destructive OF shipping
interests than the attempt to tax the
farmers and producers of the country in
order to supply bounties for ship builders
1t was not by such means that the United
States had once occupied the leading posi-
ton on the ocean. 1t was by freedom, not
by restraint; by self.reliance, not by boun-
ties or subsidies. Senator Coke said that ii
he had to frame bill to place the American
merchant marine on an equal
ity with that of other nations
he would not commence with
taxing the people for the payment of sub
sides, but he would take hold of the ship
ping laws of the United States and repeal
them. He would allow American citizens
at least the same privileges that foreigners
had in American ports of getting their
ships where they could buy them cheapest.
The bills went over without action after
an unsuccessful effort by Frye to have an
agreement to vote upon them tomorrow.
After brief executive session the senate.
| adjourned.
HOUSE.
WASHINGTON, July 1l.-Mr Conger of
Iowa. presented the conference report OF
the silver bill. 1t was agreed to on the
| suggestion of Mr.. Bount of Georgia, that
| four hours debate be allowed tomorrow on
the silver conference report, at the end OF
which time the previous question should
be considered as ordered. i he house then
took recess, the evening session to be for
private pension bills.
The house met at o'clock and on the
first pension bill being called up, Mr.. En-
loe of Tennessee made the point of no uuo.
rum and the honsa adjourned