Los Angeles herald., 1890-07-12
GOLD AND SILVER.
Senator Teller's Bi-Metallic
Resolution.
He Wants Both Metals to be
Legal Tender Money.
An international Monetary Confer
ence Advocated.
The House to Vote on the Conference Sill
yer Bill Today ay-Congressional
Proceedings.
Associated Press Dispatches. |

WASHINGTON, July lin the senate
today Teller introduced joint resolu-
tion declaring it to be the determined
policy of the United States to use both
gold and silver as full legal tender
money; instructing the president to in
vite the governments of the Latin union
countries and such other nations as he
may deem advisable to- join the United
States in a conference to adopt COM
mon ratio between gold and silver for
the purpose OF establishing the inter
national use of bimetallic money and
securing a fixity of the relative value
between those metals, the conference to
be held at such place as may be mutually
agreed upon by the executives of the
governments joining in it; and when,
in the judgment OF the president of the
United States, a sufficient number of
nations shall have entered into such in
ternational arrangement, he shall de-
clare the ratio so fixed to be the existing
ratio in the United States; the presi-
dent to appoint not less than three nor
more than five commissioners to attend
such conference on the part of the
United States, and who are to receive
$4,000 and expenses.
The joint resolution was referred to
the finance committee.
Wilson, of Iowa, offered resolution
(referred to the committee on foreign
relations), calling on the secretary of
state for information on the subject of
an American citizen, Thomas T. Collins,
being deprived of his rights of liberty
and property at Manila, in the Philli-
pine islands, and as to what action is be-
ing taken in regard to the matter.
The senate proceeded to consideration
of the senate bill to establish United
States land court and provide for the
settlement ofprivate land claims in New
Mexico, Wyoming, Arizona, Utah, Ne
vada and Colorado, such claims being
by virtue of Spanish or Mexican grants.
The bill was discussed until O'clock,
when the shipping bills were in order as
unfinished business.
The shipping bills were taken up, and
Gibson addressed the senate.
He argued against the proposed sub
sides for ships, but in favor of moder-
ate postal subsidy. He spoke of the i'm
portance of establishing line of steam
ships to trade with the Congo country,
building government dry dock at New
Orleans and reforming the tariff by adj
mitting commodities from the South
American states at lower rates of duties
He appealed to the chairman of the COM
mittee on commerce (Frye) to relax the
rigidity of his policy; to allow ships to
be purchased abroad and sailed under
the American flag; to take the tariff du-
ties off of materials, supplies and out
fits that 60 into the construction and
sailing of ships, and to accept as COM
promise the policy of giving postal sub
sides to American built vessels.
Coke said that if he had to frame
bill to place the American merchant
marine on an equality with that of other
nations, he would not commence with
taxing the people for the payment Of
subsidies, but would take hold OF the
shipping laws of the United States and
repeal them. 1t was simply impossible,
under the existing tariff and navigation
laws, to build up the foreign-carrying
trade of the United States.
bill as to the American merchant marine
provision for free ships to be used only
in the foreign-carrying trade Of the
United States, not in coastwise or lake
trade.
The bills went over without action,
after an unsuccessful effort by Frye to
have an agreement to vote upon them
tomorrow.
After executive session, the senate
adjourned.