The Maryville times. (Maryville, Tenn.) 1884-1944, 1890-12-31
WASHINGTON CITY.
Especial Correspondence

WASHINGTON ClIY.
Especial Correspondence
Things have reached decidedly
interesting stage in the Senate,
This statement applies to both the
Federal Election bill and the finan-
cial bill. The democratic Senators
having adopted the tactics by
which their party attempted to OBJ
struct the business %; the House
last sessiOn-retiring In a body in
Or'er to break u quorum. Senator
Aldrich reported u resolution,
adopted by the republican caucus
some days ago, to cut off debate
when 1t las lasted 4 reasonable
length Of time, and 1t is confident
ly expected that it will be adopted
within a week or ten days time.
Many republicans were at first re-
luctant about adopting this resolu-
tion, hut the action Of the demo.
cratic Senators in absolutely refus-
Ing to set u day for taking 4 vote
upon he Election bill convinced
the dnubters that such rule was
necessary II any o.her business was
to be transacted at the present
session, and now the republicans
are practically unanimous in their
support 0f the resolution.
Senator Sherman, from the FL
nance committee, to which the a.
nancial bill approved by the repub.
lic"n caucus was referred when it
WAS introduced, has reported that
measure n the Senate. It has been
amended IN u very important msa.
ner. Section 4 Of the. hili, which
provided that when the National
bank circulation falls below $780,.
100000 the deficiency shall be sup
piled by the issu~ 0f treasury notes
based on silver bullion purchases IL
the silver can h. purchased or If
not by the direct issue Of treasury
notes, has been stricken out Of the
! bin, and the following inserted In
lieu thereof: "That the Secretary
Of the Treasury Il hereby authoriz-
ed to issue in sum or sums not ex-
ceeding in the aggregate $2OO,OOO,OO
coupon and registered bonds of the
United States In such form a. he
may prescribe and of denomina-
tions of $50 or SOME multiple of
that sum, redeemable In lawful
money at the pleasure Of the United
States on and after July l, 1900, and
bearing interest payable seuli-an-
nually at the rate of 2 per cent per
annum. And he is authorized to
sell or dispose of the bonds issued
under this act at not less than their
par value for any lawful money Of
the United States, or for gold or sill
yer certificates, and to apply the
proceeds thereof to the redemption
or to the purchase Of any of the
bonds of the United States. And
the bonds hereby authorized and
the proceeds thereof shall be used
for no other purpose whatever"
No votes were cast In the commit
tee against reporting the amended
bill, but the understanding was
that no member of the committee
was bound to support the bill.
1t does not please the silver Sena-
tors, and already Senator Stewart
has offered an amendment provid-
ing for free cOinaae, and Senator
Reagan has reintroduced his free
coinage amendment which was Of
fered when the original caucus bill
was flrst introduced. Too many
Senators are now away to venture
4 prediction of what the fate of the
bill will be.
The House took two days holiday
for Christmas, from Tuesday until
Friday, but so far as doing any real
business Is concerned It might as
well have taken the usual two
weeks, for it has not had a quorum
since Monday morning. and there
isn't much probability that it will
have one for at least one week to
come. The Senate adjourned from
Wednesday till Saturday.
II v,oo Ocnerallv supposed that