The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-06-18

ponueu iOr nVennood were no longer fos-
tered and protected. The worm of democ-
racy seemed to have already made
some headway in that common
wealth, possibly because the customs duties
Were not yet high enough; and yet how
long did the senator from Rhode Island
MI. AIdrlch) and those who agreed with
MIN, expec5 that the people Of the west
would continue to help industries which
that senator represented when he could find
Tor them only words of criticism and denun-
ciation9
CRITIcIsING THE ADMINISTRATION.
Mr.. Wocott went on to criticise the un-
friendly attitude of the administration to-
ward the silver question. He said that
when President Harrison was nomina ted
MS record was searched In vain for any
noteworthy act or saying; that the Latin
sentence, "StGt nldgni HonliniS unlbrd"
applied TO him; that the republican leaders
OF the west had made great efforts among
the farmers and miners and had secured the
success of the ticket; that the President had
not actually materialized on the silver uues-
ton and that his awakening has been rather
rude.@ He ventured the opinion that if the
PRESIDENTS position on that question had
been announced before the last election not
single state west of the Missouri river
would have given a republican majority
not because the majority of the psople of
those states were not true and staunch and
earnest republicans, but because they would
have wished to rebuke overwhelmingly the
party that selected as their standard bearer
one who was unmindful of the interests Of
the country and disregardful of the will of
great majority of the members of the
party.
SECRET ENEMY.
An open foe was to be preferred to secret
enemy. But who could foretell the future
or gather grapes from thistles" The rec
ommendation of the secretary of the treas
ury struck viciously at the interests of sill
yer. The act Of 1873 was infinitely prefer
able to the bill recommended by the secre-
tary. Under that act at least $2, ,000, 900 a
month OF silver had to be coined. The
whole purpose of the House bill seemed to
be to degrade and debase silver, to make it
commodity, to reduce it to one of the
baser metals and to prevent its again
taking its place as standard of
value. In the amendments reported from
the finance committee one obnoxious clause
had been eliminated from the House bill
the bullion redemption clause. But other
Objectionable clauses had been retained and
curious amendment had been added pro-
vidlng for the termination of the act in ten
years. Instead of encouraging other nations
to adjust their monetary system in harmony
with that of the United States such a pro-
vision would give them notice that in
creased coinage of silver was but tenn
porary device, and the good effect of the
law would be Immediately destroyed.
In conclusion, Mr.. Wolcott said that
the silver bill was of far greater Importance
than the election bill, anti-gerrymandering
bill or the tariff bill In view of it party
lines were obliterated and forgotten, and
south and west met on common ground,
animated by a common and patriotic pur-
pose Applause from the galleries, and
Fluctuations and compliments from the sen.
ators proved that MIR. Walcott's maiden
speech in the Senate was recognized jas g
very great success. 1t was well delivered,
and attracted much attention.
VOTING ON THE AMENDMENTS.
The Senate then proceeded to vote on the
amendments reported by the finance COM
mittee. The first was to strike out the pro.
vision that treasury notes issued for the
purchase of silver "shall be legal tender in
the payment of all debts, public and pri
vate." The amendment was rejected-yeas
IA, nays 50-and the provision remains in
the bill. The next vote was on the amend
ment to strike out the bullion redemption
clause. 1t was agreed to-yeas 81, nays z;
the nays being Messrs. Chandler, Frye
Hale, Hiscock, Hoar, Morrill, and Sherman
The next vote was on the amendment tc
strike out the sixth section, for free coinage
of silver when the price was 81 for 371A
grains of pure silver. 1t was rejected
yeas 16, nays &C.
SO the section is retained.
The next vote was on the amendment
providing that the act shall terminate al
the expiration of ten years. The amend
ment was rejected-yeas 4, nays GA. The
yeas were Messrs. Chandler, Edmunds
Morrill, and Sherman.
PLUMB OFFERS AN AMENDMENT.
Mr.. Plumb offered the following amend
ment in lieu of the first section of the House
bill: That from and after the date of the
passage of this act the unit OF value in the
United States shall be the dollar, and the
same may be coined of 412% grains Of
standard silver, or of 25 $40 grains o
standard gold, and said coins shall be lega
tender for all debts, public OF private; thai
thereafter any owner of silver or gold
bullion may deposit the same at any mint OF
the United States, to be formed into stand
ard dollars or bars for his benefit, and with
out charge; but 1t shall be lawful TO refuse
any deposit of less value than 500, or any
bullion SO base as to be unsuitable for the
operations of the mint.
MIR. Mitchell addressed the Senate on the
general merits of the bill, and in the course
traton which would set itself up agalnst
free and unlimited cottage of the silver
dollar would be, as it deserved to be, hurled
from power.
Mr.. Plumb's amendment was agreed to
Yeas 43, nays "a.
THE MONTHLY LIMIT.
Mr.. Blair offered an amendment limiting
the amount of sill yer to be coined to 50, goo,
900 month. The amendment was rejected
by vote of II yeas to 46 nays.
Mr. Plumb moved to add a new section,
to come in as section 2, as follows: THAT
the provisions of section of an act to au-
thorize the coinage of the standard silver
dollar and to restore its legal tender charac-
ter, which became a law Feb. %, 1873, are
hereby made applicable to the coinage in
this act provided for" This was agreed to
without division.
REAGAN'S NEW SECTION.
Mr.. Reagan offered the following amend
ment as substitute for sections 3. and 5
SECTION g. That the certificates provided fol
in the second section Of this act shall be OF de-
nominations of not less than 81 nor more than
S1OO and such certificates shall be redeemaole
in coin of standard value. sufficient sum to
carry out the provisions of this act is hereby
appropriated out of any money in the treasury
not otherwise appropriated. The provision In
section in the act of Feb. 28 1873, entitled: An
act to authorize the coinage Of the standard
silver dollar and to restore its legal tender char
actpr" which requires the secretary OF the
treasury TO purchase at the market price thereoi
not less than So 000, 900 worth of silver bullion
per month, nor more than S400O,0OO worth per