Los Angeles herald., 1892-04-13
WASHINGTON NOTES.
Interesting Topics in the
Senate.
Stewart Criticises Fosters FL
nancial Statements.
The Administrations UnfavOrable
Attitude Toward Silver.
Palmer's r. solution for the Election of
Senators by the People Discussed.
The Raum Inquiry-House
Proceedings.
Associated Press Dispatches.

Associated Press Dlspatcne6.
WASHINGTON, April l2.-In the senate
today the resolution offered by Stewart
yesterday in relation to the purchase of
silver and the coinage standard of silver
dollars, was taken up.
After an amendment by Sherman, in
serting the words: "And detailed state
ment of the amount purchased each
day." Stewart addressed the senate, ,on
the subject.
Previous to this, the resolution Of
fered by Morgan, calling for information
as to reciprocity with Germany and
Hayti was agreed to.
Stewart in his address said that he
was not sure that he fully understood
the last monthly statement of the treas
ury department, as to the financial con-
dition Of the treasury. Having cited
figur es as set forth in the April stat a..
ment, he remarked that the e. 80
amount OF gold in the treasury, ir axcess
of outstanding gold certificate. wes Iess
than one-eighth of the silv er and naner
for which redemption de ooand n,;ght ha
made.
Stewart gave the. amount of the gold
IN the treasury as $125, ,S15, 900, and said
il the gold .andard was to be main
tanned Ut % silver act of 1890 would have
TO be 1epealed, and the secretary of the
tr-,asury would have to be authorized to
sell bonds in order to accumulate gold
enough to redeem the silver coin and
paper money now outstanding. But no
public man. he said, would dare to make
such a monstrous proposition. Ii, how
ever, silver was maintained as money,
the silver in silver dollar would have
TO be made equally as valuable as the
gold in the gold dollar, and that could
only be done through the coinage OF sill
yer on the same terms and conditions
as applied to the coinage OF gold.
He spoke of the unfavorable disposi
tion OF the president and the admins
tration toward silver, and mentioned as
matter of common report that the
sellers oi silver to the government were
given time to deliver silver to fill their
orders, after they had occupied the
market and kept others out, thus de-
pressing the price. Whether this is
true or not would be shown, he said,
when the secretary of the treasury sent
his answer to the pending resolution.
In conclusion he declared that the
people of the United States would not
stop the agitation OF the subject until
silver was restored to the place which it
occupied previous to the unfortunate
legislation of 1873
The resolution went over till tomor-
row. Morgan expressed his intention
to speak upon it for brief period.
The joint resolution heretofore intro
duced by Palmer, proposing constitu-
tional amendment for the election OF
United States senators by the people,
was taken up. Chandler addressed the
senate in opposition to it. The time
might come, he said, when he would be
convinced that such proposition might
be submitted, but he was not convinced
of it at the present time. He would,
therefore. state some objections to it.
Chandler said he did not propose to
crafty the Farmers Alliance by voting
for constitutional amendment for
which he thought there was no occa-
sion. He spoke OF the evil of caucuses,
and argued that the present system of
electing senators was less liable to
fraud and abuse than the method pro-
posed. He criticised General Palmer's
allusion to General Logan's election to
the senate as trick.
Palmer disclaimed any intention of
rejecting on Logan, and gave the histo-
ry of Logan's election.
Chandler urged another objection to
be the present degraded condition of
suffrage in the United States.
Palmer replied to Chandler's allusion
to his political history, and said he left
the Republican party when it left its
own principles and became tariff and
prohibitionist party. He said no popu-
lar vote was needed while the Republic
an party was devoted to the uses for
which 1t was made. No grander or
nobler party was then existing. 1t was
only after it fell into the hands OF men
who used it for the advancement of
private interests that it became foe to
the country, which it now was.
Cnllom asserted that there was no
fraud in General Logan's last election to
the senate.
The joint resolution was referred to
the committee on privileges and cleo
lions, and, after passing number of
bills on the calendar, the senate ad-
journed.