The morning call., 1892-07-06
ATTACKING THE TREASURY.
Democratic congressman Eagerly Seek
Ing Campaign Material.
FUND FOR THE REDEMPTION OF BONDS.
Disposition Of the Silver Bill Causes Discussion.
The Fight to Be Made In The
Committee.
Special to The MoRNINe CALL

WASHINGTON. July 5.-Charman Cub er-
son of the House Judiciary Committee has
prepared report on Dockery's resolution
calling for an inquiry as to whether, under
the act of January IA. 1876. the Secretary of
the Treasury has a right TO use the proceeds
OF any moneys in the Treasury arising
from the sale of bonds or otherwise
for any other purposes than is men,
toned in the act. The report says that
there has been no necessity to invade the
reserve fund or to deplete 1t by the redemp-
ton OF legal-tender notes, as the surplus
revenues OF the Treasury have been amply
suilleent to redeem all notes presented
The Secretary informs the committee that
there Is no reserve fund set aside, either in
cash or on the books of the Treasury, and
the money derived from the sale of bonds for
redemption purposes was merged liz the
general cash balance of the Treasury and
tnat the lega!-telder notes presented for
redemption have been redeemed in gold.
Yet In the statement made by the Secretary
all redemptlons since 1879. amounting 10
S3s. 1876, ,99l, aprear to have been made from
the proceeds of the sale of bonds for re-
demption purposes, without regard to sur
Plus revenues, thus reducing the proceeds of
the sale OF bonds TO S53 S04, ,0O9.
OF Sl00,000,eO0 required TO be kept in the
treasury should be depleted by the re-
demption OF legal tenders, the same should
ba restored from current coin receipts
Oh the Government. and when transferred
10 the reserve fund they are not subject to
use forsany ether purpose.
Messrs hay, Z. B. Taylor. Powers. Brod-
eries ana buchanan return a minority re-
bort, contending that there is nothing in
the redemption act requiring tile Secretary
nCg4 4n A.
that the only fund provided for redemption
Is that arising from the proceeds of bonds
sold Tor redemption PURPOSES; that the
power to use any surplus revenue from time
To time In the treasury is permissive and
not mandatory, and that the Secretary has
no power TO set apart or hold against ap-
proDria'lons any ptrt OF the surplus rev.
enues for the redemption of United States
notes.
Opposition to the Silver BtIi.
As far as the action of the House is con-
cerned in putting aside the decision of the
Committee on Rules. the silver bill was in
exactly the same position in the afternoon
as II was this morning. 1t is in the power
oil the friends of The measure at any time
when n quorum Is preseDt-,o defeat
Iracey's motion to refer 1t 10 the Committee
on Banking and Currency and move its
reference to the Committee on Coinage,
weights and Measures. Ii was said, after
adjournment to-day, that the fiTht over the
reference 1ill not be renewed tomorrow,
ana the enemies of the measure will allow
IL TO be referred as its friends desire, with
out lurther obstruction. 1t is now admitted
by the ant-silyer men that The bill must
ultimately go TO the Coinage Committee, and
II Is puTposed to make strong fight there.
Result OF Conference.
Therewas an informal conference between
80 and 40 Democrats who are favorable
TO free-coinage held at the capitol to-
n nj ka
ment existing concerning the alleged de-
1eets IN the Senate silver bill, and whether
IL would be wise TO attempt TO pass
the bill without amending Ii. There was
very general Interchange OF opinion regard
ing the propriely of attempting to secure
action on the bill in its present shape. Not
withstaDdipg the divergent views held by
members present motion was adopted ex-
pressing 1t as the sentiment OF the meeting
that the bill should ba passed as it came
from the Senate. This will leave the mat
ter OF remedial legislation, in the event it
should be deemed necessary, for future con-
sideration, legislation which those present
thought there would be no difficulty in secur-
Ing. Among those present at the conference
were Re representatives. Culbertson and Bland.
both of whom expressed the opinion that the
bill passed by the Senate was defective.
Senators Stewart and Morgan and Repre-
sentatives Bartine and Townsend, of Colo-
RADIO. Republicans, were present by invita-
ton.
The Seized Sealing steamer.
Assistant Secretary Spaulding to-day re-
ceived telegram from Special Treasury
Agent Williams at Port Townsend. Wash,
confirming the report that the British
steamer Coqu tlRm with COCO sealskins on
board had been seized at Port Etchee,
Alaska. 10y the revenue steamer Corwin for
violation of the United States customs
regulations. Assistant Secretary Spsud-
Ing says the seslskins were seized because
they formed portion of the vessels cargo
not shown in her manifest.
New Army Orders.
Captain Kneedler. assistant surgeon, will
report In person TO the commanding affi er
OF Fort Mason. Cal. for duty at that post.
relieving Captain Harry Perley, assistant
surgeon. and reporting by letter TO the COM
mandiug general of the department of Cal
tforna Captain Perley, on being relieved
by Captain kneedler, Will repair to this
city and report in person to the surgeon
general of the United States army for duty
in his Office.
Proposed Highway Commission.
Senator Manderson to-day introduced
bill to create a national highway commits
sion, to consist Of two Senators, five Repre-
sentatiyes, the Secretaries of War, Agrieui-
tpre and Interior, the Postmaster-G General
and an associate member from each State
and Territory. The commission is TO in
vestgate the needs of the country In regard
TO highways and report TO Congress.
Agricultural College Funds.
The SECRETARY of the Interior has author
lied the payment of the fourth iustallment
of the agricultural college funds of the
States of California and Washington,
amounting to $4,000 each.
Capital Notes.
The Senate confirmed to-day the nomiua-
tion OF William Kapus of Oregon as United
States Consul at Sydney, Y. S. w.
Harold NJ. Sewell of Maine, Consul Gen.
eral at Samoa, has rendered his resignation,
and 1t has been accepted by the President
in letter expressing the highest appreci a
tion OF his excellent services.
Assistant Indian Commissioner Belt left
tonight for San Francisco, where ne will
award the Indian supply contracts for the
Pacific Coast.