Omaha daily bee., 1892-05-27
TO co ON RECORD
Senators Given a Chance to Vote on the
Silver Issue.
HILL LEFT BEFORE A VOTE WAS TAKEN
Mr.. Morgan's Adroit Manipulation In the
sennte-sundry Civil Bnl In the
House-sundRy Closing of
the Worlds Fair.

WASHINGTON, d. C., May &c. AT the be,
ginning Of the present week probably not
one OF the most saneuine friends OF the free
silver coinage proposition had the smallest
measure OF hope or expectation that anything
in the semblance OF such bill could he got
ten before congress ngain this session.
Today, us the result Of an adroit move on the
part OF Mr.. Morgan, the senute was suddenly
Obliged to record itself what the free
coinage senators call ''the square issue"
The details OF today's proceedings ure
interesting from two points of view: First,
us signal manifestation OF the desire Of the
majority Of the senate to Ut last hear nrgu-
ments upon and give consideration TO the
free silver coinage bill; and, second, as an
exhibition Of successful parliamentary man
agoment in forcing the senate to record
Itself upon an important question, notwith-
standing the most strenuous efforts of
large number OF the Leading spirits to avoid
the issue. As q result of the days proceed
ings the Stewart free silver coinage bill Is
before the senate us unfinished business. IL
has displaced the alien bill and oan be gotten
rid OF only by votlng upoa its passage OF by
an affirmative vote TO take up another
measure when the morning hour OK pires.
The outcome cannot be predicted; the anti
silver men say this action means only profit
less discussion; the silver men say IL menns
the speedy passage of q free silver bill.
One of Pefrer's Schemes.
PETER introduced q bill TO increase the
currency in circulation reduce the rates Of
interest and establish q bureau of loans II
provides for a bureau of loans within the
Treasury department TO be conducted by
three commissioners Of the bureau; TO estab
lish loan agencies at tho capital of every
state and territory. The business OF these
agencies TO be to lend money to the people;
no lonn TO be less than 800 nor more than
s., 800 To any person or family, and no loan 10
be granted except TO buy or save home,
The funds to carry out the act to be pro-
Vided Tor by the issue of treasury notes to
tie amount Of $3.50 for every dollars worth
Of gold and silver coiI and bullion belonging
to the United States. The bill prohibits
banks or corporations from taking more than
per cent interest or per cent where tie
loan extends over five years.
Morgan then resumed his argument on his
silver resolution. AT the CONCLUSION OF Nor
gans address Sherman took the floor TO re-
ply and continued until the morning hour
expired, when Lhe resolution went over with
out action.
Stewart moved, in order to afford the sena-
tors an opportunity TO have q test vote TO
take up the bill introduced by him-and re-
Ito provids for the free coinage of gold
and silveri' The motion was agreed TO by
vote of rs to 20. Hill was not in the cham
ber.
ShermRn's Statements Denied.
The debate on the bill was opened by Mr.
Stewart who was followed by MIR. Teller
The latter contrauicted most positively q
| statement quoted by Mr.. Sherman 10 the
effect that If the silver went up 10 81 go per
| ounce the product of silver in this country
would be quintupled. ''Such q statement |"
| he said, was made in the grossest ignorance
| or in the most malicious mischief. There
| was no possible excuse for such statemen ;
| and vet The senator from Ohio had given to
| ii the sanction of his authority. The United
States delegates TO the International bi-
| metallic conference would be met with that
| statement Ut the first meeting Of the con fer
| ence. What the silver men complained OF
| was That the act of 1873, In the
| decentralization of silver had appreciated
| gold at least 40 per cent IT has reduced the
| price of agricultural products and the value
| OF farms, houses and lands and IL hns re-
| dnced the wages OF the people OF the coun-
| try The question, he sald was big enough
| for dlscussion and he hopeu that senators on
| the opposite side of tie question would find
| time 10 give to the American people some
] arguments on the Sd bject.
No senator took the floor TO continue the
| debate when MIR. Teller concluded Durin z
| the first part of his speech Mr.. Hill came
| into The chamber and took his seat, where he
was engaged for some time in conversation
| with Mr. Stewart. He did not Reem NJ al
| interested In the speech and left before II
| ended. The senate went into executive
| session and soon adjourned.