The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1893-08-24
SENAT E.

WASHINGTON, Aug. 23-The resolution
offered yesterday by Mr.. PETER of Kansas,
as to the violation of the law by nation al
banks in declining to pay depositors checks
III currency. was taken up today. A mo-
tion to refer it to the committee on finance
(made by Mr. Hoar of Massachusetts,
gave rise TO a long and somewhat excited
discussion, in which many senators en-
gagged.
Mr. Hill of New York opposed reference.
and insisted on tue adoption of the reso-
luton by the senate.
Mr. ManderSon of Nebraska favored the
adoption of the resolution.
MIR. Mcpherson of New Jersey favored
the reference of the resolution and said
that if there had been a technical violation
of the law by the banks the finance COM
mitlee could investigate and report it. The
arrangement of the comptroller of the cur
rency at this particular time would make
the panic WORSE, and he did not think it
proper
Mr. Wolcott of Colorado opposed the
reference OF the resolution.
Mr. German OF Maryland argued ia favor
of the reference of the resolution. For the
third or fourth time, he said, during the
existence of the present monetary system
point had been reached where the
their rower to relieve the condition of the
country was concerned. The enforcement
OF the law on any one OF those occasions
would have resulted III the destruction,
not only of financial Institutions, brt of
every interest OF the country. Everyone
knew that there had been technical vio-
Iation of law, but il was the duty of the
men in charge OF the government not to
add TO the distress. The adoption of the
pending resolution would be understood
by the country and by the executive Off
GERS rs an expression of opinion by the sen
ate that the law must be enforced, and that
would mean destruction to the Interests OF
the country.
Mr.. Hill replied to Mr.. German. The
only object Of referring the resolution Was,
he said, not TO acG upon it.
Mr.. Washburn-W hat does the senator
from New York propose the senate shall do
il the comptroiier OF the currency reports
that there has been A technical violation of
law!
Mr.. Hill have no proposition. That
Is IA matter for the senator from Kansas
He must be the judge of what IS MS duty
under the circumstances.
After further discussion the morning
hour expired, and the resolution went
over, taking its place at the foot of the
Calendar. Ii cannot be taken up except
upon an affirmative vote OF the senate.
Mr.. Eoar made an argument against
Mr. Buffers amendment 90 the national
bank circulation bill. He said that he
was opposed TO restoring TO state banks
the power Of issuing circulation aud furn-
lshlug currency.
At the close OF Mr.. Hoar's remarks the
national bank circulation bl!l was laid
aside without action aud the report of the
committee oa privileges and elections On
favor OF seating Lee Mantle as senator
from Montana) was taken up aud debated
at length.
y vote was taken on the substitute
offered by Mr.. Vance, declaring Mr.. Man
tie not entitled to the seat-yeas, 50:
nays, 50
Mr.. Henderson moved to reconsider.
a motion TO lay the motion 10 reconsider
on the table Was made by Mr. Vance, but,
without action on il. the senate adjourned
ull tomorrow, leaving the Mantle case
slili open.