The times. [volume] (Richmond, Va.) 1890-1903, 1892-05-26

tions were read again. Summarized they
direct the committee 90 inquire and report.
J. The effect Of the bullion purchasing act
O. is,O on the price OF silver bullion.
% Whether the Treasury notes issued
under that act had been sufficient TO main
tain the two metals on parity
g. Whether these notes had ever been at
discount and whether they had NOT aVerteu
dangerous financial crisis
A. Whether there was any law now existing
authorizing the coinage of any dollar either Oh
gold or silver
5. Whether il was just to the people To- put
Jess SILVER 900 proportion 20 the subsidiary
coinage than into tho silver doliar
&. What ls The proportion OF gold and SILVER
coin actually IN European countries and III
Crina. Japan inain. etc
TO these resolutions a seventh had been
added. directing the committee 20 replr
supplemental bill which shall provide Tor
tho coinage of gold and silver bullion on
c.ual tornis as % each meta and for the issue
of Treasury notes 80 denominations not TO
exceed five hundred dollars aud uron the
terms and conditions prescribed in sald act
upon al gold and silver bullion that the
nlted States shnIi acquire by purchase. ana
tlat amy dep0slt0r who shall deposit IN the
Tres. ugr gold or silver bullion in Quantities
ol MOI less than one hundred dollars On value,
the product of mines IT'D the nued states.
which bias not been previously coined, shall,
at lis option receive coin certificates for the
same nt the mlnt value of such bullion.
Sir. Sherman said rs far as the resolutions
contained in tie original draft were con-
ccrned there wa, no reason in the world why
every senator should not vote for them. IN
deed. tine Committee ON Finance under the
general ruie of tho Senate could. If they
choose. inquire into all these matters and re-
port upon them without being instructed TO
30 SO by any resolution. But as to the
q q f...Hr 4. ffFffr In IN
uittee 70 draft bill which was
10 bee pauacea for all the
ills of life. this was asking more than the
Almighty himself could do. IL seemed %
him from the reference which had been made
t0 national conventions that the resolutions
had more 10 do with politics than with
finance. and that the object was 20 obtain the
views of some particular senators on the
silver question.
Atthis point in his remarks Mr.. Sherman
mgde statement which excited considerable
interest and curiosity IN the Senate. He said.
AN honorable senator now IN my presence,
whose name viii not mention. tells me II
silver could te sold at Sl.49 an ounce they
could Quiutupie the quantity of silver pro
duced.
Mr. Allison rep. Iowa. referring 20 the
statement of Mr.. sherman that some senator
bad told him II silver could be sold Tor sl.29
the product would be qulntup.ed. character
lIel that statement as most absurd and called
upon The Senator who had made 10 10 give the
reason for his belief, No reply was made TO
this challenge.
wE. M0gGAN's SHARP REPLY.
Mr. Morgan said tho Senator from Ohio in
lis blr. Morgan mind aud in the minds Of
many people of the nited States. whether
willing o- unwilling. was % candidate for Pres
ldeLt of the | nlted States Therefore the
Senator did we'll To- make friends of the
''mammon Of uunghteOusness by making
speeches in favor of silver. when IL was lis
own hand that lad struck silver 70 death.
Mr.. sherman replied that he would not
take advantage of his friend Mir. Morgan
weakness by attempting to divert attention
from he matter 10 hand. lie would content
himself by saying that the demoneuzatlon
act Ol 1873 was not preclpitated hY HIM aDY
more than by any other member OF either
house of Congress.
Mr. Morgan re Oined that the Senator from
Ohio hr. sherman was chairman of the
Committee on finance at the time and the
pe0pe would always regard him at the head
of tie column.
The hour of 2o'clock having arrived. the
Vice President laid before the senate the un-
finished business. the bill giving nited
States courts jurisdiction over O4enses again-f
the treaty rights of aliens and recognized Mr..
Gray bel. as having the floor.
Mr Morgan desired 10 Jay the Alien bill
aside and 90 proceed with the silver debate.
but Mr. Gray objected.
Mr. Morgan with considerable warmth of
manner. remarked "tf course the Senator
desires TO use his advantage IN favor oi his
friends on the other side indicating the anti
trce-coiuage Republicans but / give notice
tLat as soon as hs speech is finished shall
move 10 take mp this question again
At 5.l1 the Senate ad Ourued until tO-m0r-