The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-01-15

ten minuts rule.
ALDRIcH OFFERS A SUBSTITUTE
The general debate having closed, Mr..
Aldrich offered a substitute for Mr..
Stewards amendment. He said his amend
ment was a transcript OF the law as it
existed from 1883 to 1878. The effect was
to restore the law to what it had been sub
stentially from 1884 to 1873. and identically
from 1853 to 1878. It provided system Of
charges for the coinage of bullion gold and
silver for private parties.
Mr.. German was the first to speak under
the ten minute rule In conclusion he offered
as an amendment the proposition presented
by Mr. Stewart on Jan. IL, as an alternative
providing for the imposition OF a coinage
charge on foreign silver.
Messrs. Vest, Plumb and Eustis spoke for
free silver and against qualifying amend
ments
Then Messrs- German and Aldrich with~
drew their amendments.
PROMISES TO PAY IN GOLD.
After remarks by Messrs. Reagan, Call
and Teller in favor of Mr.. Stewards amend
ment and of Mr.. Morrill, against it, Mr..
Aldrich asked Mr.. Stewart whether his
amendment would take away from the
people the common right of making con-
tracts payable In gold.
Mr.. Stewart replied that the amendment
took away no right.
Mr.. Aldrich-Is 1t your intention to take
it away?
Mr.. Stewart-I would be glad to take it
away, but l do not think that any common
law right can be taken away.
Mr.. Sherman suggested that iu the issue
OF railroad bonds there was provision for
payment in gold coin, and he asked Mr..
Reagan (who had got into the discussion)
whether it was his purpose to make such
bonds payable in those treasury notes.
Mr.. Reagan did not know whether con-
gress could do that or not; but if it could
be done. it was his purpose to do that very
thing.
Mr.. Mcpherson of New Jersey announced
himself as bitterly opposed to Mr.. Stewards
amendment.
Mr.. HawIey also opposed the amend
ment
The discussion on MIR. Stewards amend
ment went on, and remarks were made by
Messrs. Plumb, Morgan and Cookrell.
THE AMENDMENT ADOPTED.
Finally the discussion closed, and the SEN
ate proceeded TO vote on Mr. Stewards
amendment. 1t was agreed to-yeas 40,
nays so, as follows:
YEAs-Messrs. Allen, Barbour, Bate, Berry,
blackburn, Butler Call, Cameron, CockrelI,
man, Hampton, Harris, ingalls,, Jones of Arkan-
sas, Jones OF Nevada, Mcconnell Manderson,
Mitchell, Morgan. Paddock, Pasco, Payne,
Plumb, Power, Pugh, Reagan, Sanders, Shoup,
VOORHEES,, Walthall and Wolcott-a2
NAYs-Mes srs. Aldrich, Allison. Carey, Casey,
Cullom, Davis, Dixon, Dolph, Edmunds, Evarts,
Frye. Frye Gray, Hale, Hawley, Higgins, Hiscoek,
Quay, Sherman, Spooner, Stockbriige Warren,
Washburn, wilson of Iowa, and Wilson of Mary
land-30
Paris were announced as follows: Messrs.
Cnlnuift nl,;,,
Kenna and Farwell; Hearst and Pettigrew
Squire and Blodgett; Brown and Chandler
Carlisle and Pierce; Ransom and Moody.
THE BOMB SECTION ELIMINATED.
Mr.. Stewart moved to strike out section 4
of the finance committees bill, being the
proposition for the issue of $500, ,000, 900 of
bonds to buy up outstanding bonds. The
section was struck out-yeas 4S, NAYS 10.
The negative votes were given by Messrs.
Aldrich, Cameron, Casey, Dixon, Dolph,
Edmunds, Frye, Hale, Hawley, Higgins,
Hoar, Morrill,, Platt, Power, Quay, Sanders,
Sawyer, Shoup aud Wilson of Iowa. Mr..
Sherman voted aye, saying that after the
| adoption of the free coinage amendment he
did not believe the bonds could be sold at
par.
TWO MORE SECTIONS CUT OUT.
Mr.. Plumb moved to strike out the first
| section of the bill This was agreed to
without division. This section provided for
the purchase Of IL, 2,000, 200 ounces of silver
at the market price.
Mr. Plumb moved to strike out the second
section, limiting the compulsory require
ment of deposit of bonds by national banks
to $1,000. The motion was agreed to with
out division.
THE THIRD SECTION.
Mr.. Plumb moved to strike out the third
SpHtInn q q tn
TO insert in lieu of it the following THAT
the Secretary of the Treasury is hereby au-
thorized to replace all sums of national
bank notes, hereafter permanently re-
| tired and cancelled, by issue,
IN lieu thereof, of like sum in
United States notes of the description and
character of the United States notes now
outstanding and authorized by the act Of
March 3, 1868, entitled an act to provide
ways and means for the support of the gov
ernment."
Fifteen or twenty senators took part in
the debate which this amendment started.
When the vote was reached the amendment
was defeated-yeas 26. nays 40.
The motion TO strike out the third section
OF the bill was defeated-yeas 81, nays 35.
Mr.. Vance offered an amendment repeal
ing state bank taxation. It was lost
The bill was then reported to the Senate,
and the amendments made in committee Of
the whole were agreed to.
VEST SPRINGS A SUBSTITUTE.
Then Mr.. Vest astonished the Senate by
bringing forward as a substitute for the
bill a purely free coinage bill, which pro-
vides that the unit of value in the United
States shall be the dollar, to be coined of
4l219 graias Of standard silver. or 25 S-l0
grains of standard gold. Mr.. Vest stated
that his substitute was similar to the free
coinage bill which passed the Senate last
session.
Mr.. Aldrich moved to amend the substi-
tute by. adding thereto the national banking
feature of the original BILL The motion
was lost by vote of SO yeas to "a nays.
Mr.. Vests substitute was agreed to with
out division.
The bill as amended by the substitute was
agreed to-yeas 80. nays 27-as follows:
Yeas-Messrs Allen, Barbour, Bate, Berry.
Blackburn, Butler, Cameron, Cockrell, Coke,
Daniel, EustiS Faulkner, Gibson, German,
Hampton, Ingalls,. Jones OF Arkansas, Jones of
Nevada. Kenna, Mcconnell Henderson, Mitch
ell, Morgan, Paddock, Pasco, Power, Pugh,
Reagan. Sanders, sShoup Stanford, Stewart,
Teller, Turpie, Vance, Vest, Voorhees, Walthall
and WoleotJ-39
NAYs-Messrs Aldrich, Allison Carey, Casey,
Cullom, Davis, Dixon, Dolph, Edmunds, Evarts,
Frye. Hale, Hawley, Higgins, Hiscock. Hoar,
Mcmillan, Piatt, Qnay, Sawyer, Sherman,
Spooner,. Stockbridge Warren. Washburn,
Wilson OF Iowa and Wilson of Maryland-27.
SWAN SONG OR SALVATION.
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