The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1890-06-06
HOUSE And SENATE.
They Both Take Up and Consider
the Silver Question.
SENATORS SHERMAN AND TELLER
Take Very Opposite Views of Free Coinage
Arbitrariness of the Republicans in
the Matter of Amendments.

ton providing that the House shall proceed
Immediately to the consideration of the
silver bill, and that consideration shall con-
tnue until Saturday, when the previous
question shall be ordered. The previous
question having been ordered on the reso-
luton, forty minutes debate be allowed.
Blount, of Georgia, had no objection to
the time limited for debate but ne was in
formed that the chairman of the committee
on coinage will be allowed to offer amend
ments which were admissible under the
rules Of the House. When they were
offered there would be left 10 opportunity
to the minority to offer any amendment;
there wonld be given no opportunity on
the part OF the minority to ask the House
vote on the free coinage of silver At the
Republican caucus last night there had
Deen mnch discussion and it was necessary
10 whip IN the friends of free silver by
means of this resolution. 1t has worked a
shameful outrage on the minority There
were many men on the other side who
would vote for free silver but for fear of
the President, as the President was in ac-
cord with the secretary of treasury and
both were IN accord with Wall street.
Bland, of Missouri, said there was no
doubt but large majority of the House
favor unlimited coinage To prevent that
fact appearing on the Record it was pro-
posed to gag every Democrat in the House
and many Republicans. Every gentleman
who voted for this resolution voted against
free silver
Cannon, of Illinois, said the resolution
was simply proposition that under the
rules OF the House, the House should pro
ceed at once to consider bill of great in
JereSt to the country: the minority couId
offer amendment 20 Al
could under the general rules. The minor
lty winch was now clamoring for free coin
age had held the House in the Forty ninth
and tIftleth Congresses, but had passed no
bill for free coinage. They could not now
1ool the country nor even fool themselves
The House by vote of 100 to III adopted
Jne resolution to proceed to the immediate
consideration of the silver bill A motion
10 reconsider was tabled, yeas, 124; nays.
lis. .
Springer, of Illinois, said the Democratic
House passed a free coinage bill, the Sen
ate limited it and the House was Obliged IN
accept the limitation. It had been vetoed
by Hayes and passed over his veto He
wanted to call the attention of the House
TO the fact that no amendment was to be
offered to the bill except as suggested by
the chairman of the committee He do
nounced the action as one to prevent Rep
resentatives of the people from CARVING
out their will
Williams, of Illinois, said the resolution
was intended to prevent the majority from
, legislating. He appealed to the members
OF the other side who favored free COINAGE
10 stand by the interests of their people
Mckinley said the resolution was in
tended to give the House an opportunity
TO pass some silver legislation and give the
country silver bill which would be in
perfect response to the general sentiment
OF the country. 1t was TO give the House
ian opportunity to pass bill which would |
take all the silver bullion of the United States
and utilize 1t for monetary purposes: it
was to give the people not S2.G0OOOD a |
month, but 81, 100000. If the gentlemen of |
the other side wanted to vote on free |
silver, they could move to recommit with
instructions to the committee to report |
back free coinage clause. The gentlemen
OF the other SIDE could not have been very
anxious for free coinage, when for four
Years they never even brought in |
p bill from their committee. Talk |
about throttling the will of the |
majority by the minority, why |
one nam at the White House had silenced |
the majority in the Forty-eighth and FIT
tleth Congresses; a single man. elected
to execute the laws and not to make them.
commanded the majority to be silent and il
was silent. The resolution was adopted.
yeas. l2O; nays, III. The Republicans who
n. N
hansas; Bartine, Cornell, De Haven.
Eeatherstone, Funstony, Kelley, Morrow,
Hermann and Townsend, of Colorado. No
Demoracts voted in the affirmative.
Biount of Louisiana, changed his vote to
to the affirmative, and moved reconsidera
ation.
Mr.. Mckinley moved to Law this ON the
table. Agreed TO. yeas, 124: nays. lis.
Featherstone and Vandever who toted
with the Democrats on the first question.
Voted with the Republicans on the motion
Ito table. The bill having been read, Con
ger offered the caucus bill as a substitute.
1t is substantially as follows:
the secretary OF the treasury is directed
to purchase from time to time silver
bullion to the amount of "a 800. 600 +
worth of fine silver each month
at the market price, not exceeding 81 for
3Il.25 grains of pure silver, and Issue in
payment treasury notes to be prepared bv
the secretary of the treasury, and sum
su1nclent to carry into effect the provisions i,
OF the actis hereby appropriated out of anv :
money not otherwise appropriated ,
Section : provides that these treas
ury notes shall be redeemable on de- /. .
mand In coin, and when redeemed :
may be relssued, but no greater or less
amount OF such notes shall be outstanding
az any tame imam the cost of the silver bull :
lion then held in the treasury purchased NV
such notes. Such treasury notes shall he :
legal tenders In payment of ali debts, pub :
lie and private, except where otherwise ex-
pressly stipulated in contract, and be re-
celVaDle Tor customs, taxes and all public !
dues, and when SO received may be re-
issued. Such notes held by any national !
banking association may be counted as part !
Of its lawful reserve. Upon demand of |
any holder Of such notes the secretary of :,
the treasury may, at his discretion, ex-
change for them an amount of silver bull =
ion equal in value at the market price = ,
,nereof on the day OF exchange to the =
AMOUNT of such notes presented.
Section 3 provides that the secretary of I
lhe treasury shall coin such portion of the
bullion purchased as shall be necessary to :.
provide for the redemption of the treasury =
notes provided for x
Section provides that the silver bullion :
purchased under this act shall be subject to =
he requirements of the existing laws and =
equations of the mint service
sSection 5 provides that so much of the !,
~ OF February rs, 1878, as required the !
monthly purchase and coinage of not less :,
nan two million nor more than four mil i
ION dollars worth OF silver bullion shall be h
epealed.
Section provides that whenever the
market price of silver as determined in q
of section l, is one dollar for I,
l25 grains, pure silver, it shall be lawful :,
or the owner of any silver bullion to de- :;
'oslt the same at any coinage mint of the -
United States to be coined into standard =,
liver dollars for his benefit as provided =
q the act of January 1887.
Section provides that upon the
assage Of the act, balances stand
az with the treasurer to the credit III
! national banks for deposits d;
- I'M s1irr ,f.+,~