Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1893-02-19
shermnn nulcndment the MllIs amend. !

sherman amendment tne MINIS hmon.-
nent 10 II Ito make the bonds redeemable
M the pleasure Of the Governmentl was
rejected without division. and Dir. stew
arts amendment requiring that the bonds
should not be used IA basis fer national
bank circulation was also rejected-yeas,
Mr.. pugh moved TO amend the Sherman
amendment By adding to II q proviso. that
none OF the bonds should be Issued aud
sold until the amount of the "coin re-
demption fund" should be reduced TO
SOS 900 900 by the actual redemption OF
Treasury notes, and that no greater
amount should be sold than would be ne;
cessary to keep the REDEMPTION fund equal
to $50 ,000. 900 in com. lie said thai DIS
amendment embodied the pohcy for which
the late Senator Beck. Of Kentucky, had
ALWAYS contended. MIR. Pugh's amend
ment was rejected: Yeas. 81; nays, 81.
Mr.. Vance moved TO amend the sherman
amendment by adding TO 1t a proyiso re-
peaing the tax on State-bank Circulation.
MIR. Gosmar moved to lay MIR. vance
amendment on the table. Agreed lou
TO lG.
MIR. Brce offered an amendment re-
curing all issues of United States notes.
issued and circulating as currency 10 De
maintained at aparity and Interchangeable
at their nominal par.
MIR. sherman stated that not only had
he no objection TO this amendment out
he believed that that was now; unuer
the act of 1890, commonly called the oher-
man act. the law of the land. In that act
was declaration of public policy that al
forms of money in the country shall 90
maintained at a parity. He believed that
his colleagues amendment was suDstan-
tally that declaration. and he WOULD vote
for 1t with great pleasure; -.
Mr.. Teller: Do you include silver certl-
fcstes? ~,
SIR. sherman; Silver certificates, god
certificates. Treasury notes, apd oil the
paper money issuod by the government.
Mr.. Teller: Then 1t IL proposed now
that. in addition to the S3i6,0OO,0OO OF
rreenbacks that are payable IN gold, ana
in addition TO the $3.50. 100000 OF Treasury
notes. the I327. 600. 900 Of silver certificates
are to be included. 1t seems to be ihat
that legislation will eventually result III
placing very great burden on the lrea-
sury Department. These silver certln,
Gates are now circulating a. money anu
are not releemable by law or in pracuce)
in gold, and DO not see any necessity ior
redeeming them in gold.
Mr. Vance said Mr. Brice's amendment
could ONLY. IL seemed TO him, be MADE IN
the interest of embarrassing the Treasury,
because if II were found difficult 10 MAN.
tain sufficient gold in the Treasury TO re-
deem the 1886. 000001 OF ereenbacks that
difficulty would bo much increased Dy re-
curing also the redemption or four or hve
hundred millions Of silver certlhcatos.
The question became, then, one too ap-
palling 10 contemplate.
The debate was interrupted az $40
o'clock r. NJ. by short executive s, ssloh'
and when the doors were reopened the de-
bate was resumed.
The Brice amendment was Withdrawn.
The discussion finally closed, and vote
was taken on the Sherman amendment. IL
was agreed to-yeas, 30; naNs. 10
No further action was taken on the sun
dry civil appropriation bill. but MI, An
son gave notice that he would ASK the
Senate to remain III session on MONDAY
until the bill was passed. The Senate at
o'clock p. ii. adjourned.
HOUSE OF ALTERNATIVES.
The House resumed consideration of the
most Office appropriation bill. On a point
of order the proyiso making 1t lawful Tor
the Postmaster Gent raj after the 3Jth OF
September, 1894. to have the usual requests
for the return of letters printed upon any
envelope sold bv the Post-office Depart
meut was ruled out.
Mr.. Kyle DemOcrab. or MISSISSIPPI,
raised q point OF order against the para
graph appropriating S10 600 for necessary
and special facilities on the trunk lines
from Springfield. Mass. ria New York and
Washington. to Atlanta and New Orleans.
After a long discussion the Chair OR.
Blanchard) overruled the point of order.
Mr. Kyle then moved to strike out the
paragraph. lie contended that there was
no justification for approprlatIng this
large sum when it would do no good. but
actually do harm to the public service.
Without disposlDg OF the motion the CON-
mlttee rose.
Public business was then suspended,
and proper tribute was paid to the memo
~ of the late John &. Warwick, of Ohio.
After eulogistic addresses by MessrS.
Ohiger. j. d. TAYLOR, Rockwell, Catchings,
Layton, Hare, Caruth. Caldwell, Bently,
Houk of Ohio, Pearson, DUNCAN, and
Donovan. the House, as q mark Of respect
10 the memory of the deceased, at $40
o'clock, adjourned.