New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-01-15

' "''" i'Sudlols as Jnc secretary OF tnc IfeisuEy
may prescribe from appropriation hereby created 10 be
known as National bank notes. redemption account"
bNt the provisions Of this shall no: apply
70 the deposits received under Section Of the Act OF
20 1874 requiring every National bank to keep in lawful
money with the Treasurer Of the United States
tquU 10 per centum OF tho circulation to be held
ud Tor The redemption OF It's circulating notes. and the
balance remaining Of the deposits 20 covered shall at
close Of each month"; be reported in the monthly public.
debt statement as debt of United States bearing no
interest
It's passage leaves the situation much as il was
last June. though tho friends OF silver" say
that this year iree-coinage measure can easily
pass the House II will have TO make much
better showing there in that event than it did
to-day in the Senate.
The Stewart-Gormau coalition now in control
Of the business Of the Senate carried ont
earlier in the day the second part Of the
programme agreed upon just before the displace-
mcnt Of the Election bill, and passed the Nevada
Senator's much-advcrtsed measure for the un-
limited use of silver money.
1t apparent long ago that any free-coin-
proposition would have an easy pathway
through the Senate, but the vote by which Mr..
Stewart succeeded this afternoon, fell, if any,
thing, decidedly short of the strength which the
coalition was counted upon TO develop. The vote
on Mr.. Stewards amendment was ~ 10 80, as
against 43 to "A last June on the Plumb amend
mcnt-an apparent falling of of seven in the free
coinage majority The friends of silver lost
four votes however which they would probably
have gotten under other circumstances. The two
South Dakota Senators, who voted for free coinage
last summer have both been absent
from the Senate since the Financial
bill has teen under consideration, and both
neglected to make any arrangement for the trans
fer of their usual pairs with Democratic Senators
to Republican colleagues who opposed free COIN
age They were accordingly left paired with
Mcssrs. Ransom and Hearst, who were absent, and
the coalition was thus deprived of four votes which
would naturally h2yc been cast in its support
Mr.. Casey, OF ,;ortn Dakota, who has charge Of
the Republican pairs, made an active effort to
reach the two South Dakotans, telegraphing to
them several days ago for instructions. but get
ting noEc and no blame can attach to him for
making the usual dispositions with Mr.. Faulkner.
the whip of the other side, though at first glance
the frcc-coinagc coalition was disposed to think
il had been made to suffer by tie arrangement
Mr Wocott Of Colorado. raised question as
to the pairs ASSIGNED 70 Messrs Moody and Pett-
crew but as nobody would show any authorl-
tatiyc direction from them, the announcements
,,cr, allowed to stand as originally made The
coalition .llucd the vote of Mr. Allen, OF Wash
inaton. who supported TIE Finance Committee
last June. and tnosc Of Ne>sr>. Shoup and Nc
Conncll the ScaotorS from Idaho. On the other
hand the oppo"cnls of free coinage gained the
votes of Mc>sgS. Carey and Warren, of Wyoming;
Mr. Blair, of Ncw-IIampshirc and Mr.. Blodgett,
of Ncw-.Ierspy, both ot whom supported the
Plumb amendment last year and were paired
AGAINST u today. and Mr.. Davis, of Minnesota.
who waS absent las; june without pair The
ac,@al nct loss in the strength Of the trce-conge
combination from last session therefore, seven
IA fact which, after ali the predictions made so
boaSttuly as to the growing sentiment IN favor
uf the free use Of silver money, Is to say the
least, encouraging To those who have not yet
brought themselves to see the wisdom of adopting
the silver standard.
The vote on Tree coinage broke party lines on
both sides OF the chamber though Mr.. German
was thought at one time 10 have gotten every
Democrat pledged to help carry ont the bargain by
which the Election bill was shclvcd ten days ago.
-Four Eastern Democrats, Mcssrs Mcpherson and
Blodgett. of New-Jcrscy; Gray, Of Delaware ana
Wilson. of Maryland. came out openly IN opp0sl-
tion to the coalition and voted with the Finance
Committee. Seventeen Republicans however, sup
ported the stewart amendment, sixteen voting for
il directly and one. Mr. Squire. of Washington,
having pair IL It's favor. OF the seventeen put
one. Mr.. Cameron. represented State east of the
States or States afflicted more or less with the pre-
vailing craze for cheap money" The full list Of
Republicans who voted for fro, coinage included
Naesrs Paddock and llandeIsOn. Of Nebraska
Plumb and ingalls,, of Kansas; Teller and Wolcott,
of Colorado: stewart and Jones, OF Nevada Shoup
ard Mcdonnell. Of Idaho: Power and Sanders. or
Montana: Allen and SIuirc. OF Washm2toh'
MITCHELL of Oregon; Stanford, of California, and
Cameron of Pennsylvania.
the vote in detail on Mr.. Stewarts free-cclna.s
amcndmont may he appended hcIc as follows;
YEAS -Nc,sr>. Allen. Barbour. Bate. Berry, Black
burn. Butler can. Cameron Cochreil. CoAe Daniei.
fn,ti, Fmlnner. ,,ib-ou. Gormau, Hampton. lidrls.
u-ti-, JoG., l\rh.l Jone, Nev. Ac' obneil, Maimcr
,m. MITCHELL Morgan. Paddock Pa,co PAYNE, rIumD'
pntr- rugh Kcl.stl sander, >houp, stanford, stew
ut roll,r TMr.c, Vance. Vest, Voorhees, N'ltha'I'
Nay. Ic,,r, Ndrich. Allison. Carey, Casey. Cullom,
Davis. DiNuu. Doiph, fdmund', kVarI> ,Er, "Ta,'
ilslc Hawlcl. Higgins. Ili,coch. loar. Mcmillan BIC,
IrrIt,a NORTH Plat quay, SAWYER sherman, spooner
Itorkiilsc. Warren. Wa,hburn, Wilson Iowa, Wilson
'i lsllr were announced as follows Me'srs Col Col
qut and Dawes, George and Blair ken9a ana Ear
We'll: Hearst and Pett grew: squire and Blodgett:
Et6wn and Chandler: Carlisle and Pierce; Ransom
and Moody. ,.u
The senate got to work on the Financial bill
rather lardlly. Nr. ingalls, opened the dehate
in the morning with brilliant two-hours Speech
which was listened 10 by great crowds In the sai-
lcrics Nr. lngalls's speech is reproduced in an
other column IN great part, 10 C'Pl''i 'N""'P'0
Of the brlriiancy of the Kansas orators rhetoric,
whatever may he said OF the intrinsic value OF
thc opnions he expressed, the soundness and
force of the logic lie employs Mr.. Ingalls's talk
To-day was framed. doubt, to express the con-
yictions and sentiments Of the State and the Sec
tion of the country which he represents ana 10
sound the note OF discomfort and WEAKNESS over
financial conditions which have been growing APP
parcn,Iy in volume in his part of the world, as a
fair and no doubt. just reflection OF the aveT
aye Southwestern feeling on financial and kindree
questions The speech will prove perhaps bow
novel and instructive to the Eastern reader.
Whatever he may think of the extravaganza OF
the sentiment he will surely concede the emphasis,