The sun., 1891-01-08
THE FIFTY-FIRST C,NGRES.
sxrlSoRs DANIEL AND MUMB ~
YOoh1H FREE COIElGE.

5000, Hi, Debated ~ tho Hsse.
v,.,uoros, Jan. Tin te senadto-day
u, T.,isy IRep.. COLI introduced byeduest.
~. -,,hout any sxpression,of opinn. bill
~ AZ. r.lI.f OF the colored pople OF merlco'
io' ,ssa ~ 4, ,eferred to the COMMITTEES oforeign
Rslationa .,h h.. d,d M,
A. vhy the bill should DO reefred t.no ooh-
m,ttse on Foreign Relation, shles.. M"' On
shs theory that the eolorsa ,eop ~ers rso,i. 'ol,
sisnsrs. He thought thas tDo '.leTos I.Vuu Innn.
~ TO the Committee on Eduoe lNnu D"'0''
tIAushtsrl ,--,n, ,orerms Of m.
49, idsho Senators then too pee. ana MI.
S.r.nn.ll drew the lot whicl asHnso nin' 10
J. .,sss Of Senators whose tens expire on
M..on I. a 1891, and Mr.. Shout TN which csVe
~, ,hs ,srm 10 expire Maroi 8. ,9o
Ths Financial bill was tak'n uon mouon OF
~. s,svnrt Rep. COLI. who suCsted that an
sonr should be fixed for TAXING vote on me
~, ~ amendments. and he prUsed r. NJ.
w. rdd,y next The prowsitiomet no pnr-
.,..,.r onnositiop on either side but as Mr..
Ces.r.l ,Dem., Mo- suaEes'edaat 1t would
ss-.,l N lat the question COVER TIL to-
..nv ". MI. Stewart assentsdspd said he
-orid 70. morrow ass TO have tn ime liked.
~ Dsnjsl Dem. Va) declad himself In
80, =, the absolute. free. and limited coin
=, slyer. Referring to ir. Morril!s
.ss,h..v yesterday Ola very br. honeymoon
:. ~. rn,on between Senators om the silver
o,.,.a and Democratic Senate Mr. Daniel
..,d that II length OF courtsh was any &C.
.r,i,v for the happiness OF arriaKes. tho
,,ion vss ono that had boen pceded By as
L.. a courtship as In the fans Scrlpturh
,,,,.ncs ~ Jacob and RachelTwelve years
..o IN. senator from kansasMr. lnsals)
.-onh .sed that tho day was OF far distant
rhsn a community Of intereibetweon the
sr,icu,tural and producing sttons OF the
son,h and West would bH into har-
mnnious rslstlons those gteatortions OF the
.,rntry in ,elt-defence OF theinterests. aud
for the promotion Of their Eeral welfare
...ir.t the aSRressions OF mopoly. That
ssnator WAS more fortunate in provision OF
~. tnt,,re than were those genmen who. IN
sspousins the cause Of monopc Of gold had
isa ,I'd d.S.Isr 10 iolloW I measure
;syor Of silver. And now the Sator Mr. In
snlls, witnessed what he had pdicted twelve
yssrs ago the drawing tossnt OF men ey
ihN most stable and pefManettie' the tie OF
eonyiction and OF patriotism.
In criticism Of Mr.. sherman seech OF Mon
day last Mr. Danie said that ne were AZ
:s%shus sssls n. condensed s analysis it somewhat
tbus: First. am opposed o 3 free coinage
ni silver because II will intatshe currency:
:ScS9qS s% viii 90 @ he
Both these arguments had to deliberately
nsds 6y the senator from On and oeliosr.
atey elaborated. he M shsaan, fs an toia tne
sbly coined there would be mo dollars. and
ihs workingman and producer ould get moro
cellars for their labor, ard en he turned
would contract tho currency beass 1t would
Gemonetize gold 1t was possih. Mr.. Daniel
said, that ono OF those arGumets might be
correct; butt was utterly imposab that both
In further criticism Of Mr. shernn's speech
w. Daniel asserted thin tha1 more sisr had hal al
sor bullion. Mr. Daniel said thathere was
!h.. xssa W. = admit silver to tho ra'i right OF
Is to the SUGGESTION that under be coinage
dumped into the United States.Mr. Daniel
snid.SIe nd i idsss which was very impnsiSe with
Hs Ill., tsnIsli would ike to ask ie Senator
Sn ohG xhG Va 90 ssTy oi Z d
hiStosy had thers ever been nabn Of men
1hs 1sksdHRsss ., msH %h. had destroyed
dsmios Ssd dsci@sted and ths waters
Of the ocean had rolled over tAny an
bsd there evsr been one ot. these nabns that
had either psrished or declined on account OF
having too much silver in its pockeI The
:; p;a q s1oss ssF the ssss "ii se in
world were to come to Americait ouGt to bs
Welcomed. for the country would then ecome
the greatest. richest. strongest, and mot pros-
perous and happy nation OF the world.
MI Frye tRsp, Me- asked Mr.. DAME II he
would enable spectators In New York who
IN ounce for it Instead Of s., o.
Mr. Daniel admitted that that wastrue and
ADDED thxt then the brood OF silver spculstors
:SSud b adni'ed to coinses he sysf slS 81
the specu istors would be ended inihe land.
The Third rection OF the bill. allowing bank
circulation 70 the full extentof the bnds de-
the issue OF two per cent. bon.s I! buy up
bonds at higher rates OF interest NJ. Dan el
consumed a. transaction that woul largely
would re1uire tho Government TO pa higher
prices Tor them
In conclusion. speaking OF the Pnsidents g
YER. Sr bSpe said that il the c2E 21eaiive y, s sid
y, 1T not TO respond TO the popular eminent in
tavoro. silver. the country would tinG Presi-
ue'll VINO WOulu.
Mr. Plumb lkep. Kan.) said that nc silver
aci "f last session had the effect OF pf, entinx
Anniversal financial panic. 1t facilitated the
kur, hase o. li@OOOOO0 Of American scurities
!hat bad been .sent hack IRON Euppe and
mus me Bank oi England and the othr inan-
cc,sl Institutions OF Europe had bea able 10
tide over the difficulties OF the BarIge pris-
inR out Of South American hnan nciai.ro bles.
AZ 90 o. 'ot snare Tho ears OF the septor from
t,,ns etEinsse q silver, Perhaps he was vt as sen
20 bad not 90 often heard similar irebodlnGs
ttom ine same Gunrter and had Et known
snat tney hsd not been realized. While the
nen"hLor 50, ON ONO was Secretary 9th. Treas
Wy iresldent HAYES vetoed thu Bind act on
ne 9lound that 1t wouli be- praIical repu-
eiation. violation OF the Go, ernmnt'l solemn
tS, tsSHtfsct 10 regard to nited Stats1Donds, and
men insnt At A. home and abroad. At tbf timr ! pvr
ssn, snn. pUnas ySre at par. Since Tim they have
- Nj; Hlseock iRen, N. Y. said TIT his obiec-
Gwopld iporesse the volume ! circulation.
dis objection and the obIectioroi the people
whom hs represented-was thafor some time
least u would have the eGecCf contracting
solpte demonet etization oi gold. I proposed to
MAJ make silver basis; and tho wrymoHien that
~. trso,7a ~ prenium. no matte how small
trsdH he Hsc.on. on. that moment 1t would be ro-
ressn;s di% % %.ga c'reustio9. Ths pople he rep
nSn fnsnL oeeanse lhe thought had never found
~ swyo.hMent 10 t9eir minds tha, thefree coinage
Oh hhiveL Va. would place that metd on parity
H. kO.a. IN the contrary. ttey,elieyed that
iWo instsls .nss ues coinage would , to pull the
- NJ: hlscosE defended The ,ours section ttor
a. ,hsN hhSus OF two per cent bondsllnd said that
~ S.ae CIRCULATION, and ~ the bnks paid one
pst cent taxation on thar nj circu,tinn the In