The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1892-05-27
DOINGS OF CONGRESS
Stewards Free Coinage Silver
Bill Before the Senate.
MORGAN AND SHERMAN DEBATE
An Appropriation of $50, coo to Enforce the
Chinese Exclusion Act-After Considerable
Discussion the House Adjourns,
SENATE.


of the present week few friends of the free
silver proposition had any hope that any
thing in the semblance of such bill could
be gotten before Congress this session
Today, as the result of an adroit move on
the part of Morgan. the Senate was obliged
to suddenly record itself on what free
coinage Senators call the square issue. AS
the result Of today;s proceedings Stewards
FREE SILVER COINAGE BILL IS BEFORE THE
SENATE
as unfinished business. 1t has displaced
the alien bill. The outcome cannot be pre-
dicted. Anti-silver men say that today's
action means only proftless discussion of
the silver question, while silver men say it
means the speedy passage of a free silver
bill.
Morgan resumed his argument on his
silver resolution. He could not believe
that the presidentof the United States, an
avowed bi-metalist would undertake to
set up his Judgment finally, and in the form
of a veto against the expressed will of both
branches of Congress. The president, he
hoped earnestly would defer to the judg-
ment OF the people and would espouse with
pride the idea that the American people
| intended, in their financial legislation, to
take the lead which would answer their
domestic purposes, and also control the
other nations of the earth, to q large ex-
| tent in their financial operations. There
was no question to-day before the people of
the United States that came so near to
their hearts and pockets as the question of
| the
| FREE COINAGE OF SILVER.
The people were not agitated about changes
in the tariff. We had other presi-
dents veto the silver bills, and
what became of them? There is a
very prominent gentleman now before
the country whom every Democrat in the
United States honestly loves and reveres
for his manly integrity, his broad states
manship, his splendid administration of the
| government; yet because the Democrats
love the people better than they do him,
they would see him go to his political grave
IN a moment, rather than take him and put
him where he could have opportunities to
join hands with the senator from Ohio in
infiicting the
FINAL DEATH BLOW TO SILVER.
The Democrats of this country would not
know, in the event of Grover Cleveland
being at the head of their ticket. and of the
senator from Ohio being at the head of the
other ticket, which to prefer in regard tC
their attitude TO destroy silver. l suppose
the gratitude of these men who have been
enabled to expand and contract the cur
reney of the country would give the sena-
tor from Ohio the preference over the ex-
president.
AT the conclusion of Morgan's address
Sherman took the floor TO reply, and con-
tinued until the morning hour expired
when the resolution went over without
action.
Stewart moved in order to afford the
, vote, to take up the bill introduced by hin
and reported adversely by the committee
, on finance, ito provide for the free coinage
of gold and silver" The motion was agreed
to, % to 20, as follows:
Yeas = Messrs. Allen, Bate, Butler
Cockrell, Coke, Colquitt, Harris, Jones
(Ark.), Jones New, Kenna, Kyle, Mills
Mitchell, Morgan, Paddock, Puffer. Power
Pugh, Ransom, Sanders, Shoup Sanford
Stewart, Teller, Turple Vest, VOORHEES,
and Walthall-23.
Nays-Messrs. Cameron. Cullen, David
Dawes, Dixon, Dolph, Gallinger, Gray
3 Hale, Hawley, Higgins, Morrill,, Palmer
Perkins, Proctor, Sawyer, Stock bridge
, Villas White and Wilson-20
The bill was then taken up.
Stewards bill provides in substance tina
unit of value be a dollar of 41215 grain
standard silver or 25.8 grains standar
gold, said coins to be legal tender for al
debts. Any owner of silver or gold bullion
l may deposit the same at any mint in tn
United States and have it made into stand
3 ard dollars for his benefit and withou
/. charge, but it will be lawful to refuse an
t deposit of less than 800 value or base bull
J. lion. Section 3 of the act of Feb. Is, 1875
is made applicable to the coinage Orc
vided for if the certificates provided 70
be of denominations not less than 81 no
g more than $4,000, and be redeemable i
! coin or standard value These certificate
- that are already issued will be receivabl
:, for all taxes and dues and legal tender fo
E ell debts. Owners of bullion deposited fo
coinage have the option to receive coin @
its equivalent in the certificates provide
= for, and such bullion will be subsequent
. coined.
= The debate on the bill was opened b
Stewart, who was followed by Teller Tn
later contradicted the statement quoted b
Sherman to the effect that if silver wer
up to Sl.29 per ounce the product or silve
in this country would be quintuplet
'"There was no possible excuse for such
e statement" said he, ''yet the senator frol
Ohio gave it the sanction of h
authority and the United State
n delegates to the international bi-metal
2. conference would be net with it at tt
# first meeting of the conference. What tt
: silver men complained of was that the q
IL of 1878 demonetizing silver had appreciate
e gold at least 40 per cent, while it reduce
y the price of agricultural products, IL
20 value OF farms, houses and hands and Il
g wages of the people.
- The Senate then went into executi1
u session and soon adjourned.