The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1893-08-24
FIFTY-THIRD CONGRESS.
THE NATIONAL GAS FACTORY WASTING
THE PEOPLES TIME.
congressman Putting Themselves on Record
as Champions Of the PeOple-Peffsr
and Simpson Rake the Old Parties
and Want Greenbacks.
SENATE.

sence of the vice president) by Senator
Harris (Democrat) of Tennessee, presi-
dent of the senate pro TEN. A long
communication from the secretary of
the treasury was presented and read
on the subject of gold and silver pay
ment. 1t is therein stated that On
several occasions recently gold coin
has been presented to the trea sury in
exchange for silver dollars and
that exchange had not been
made because silver dollars were re-
quired to be held in the treasury to
cover outstanding silver certificates
and treasury notes and that at pres
ent the Democrats would not and
could not exchange silver dollars for
gold if requested to do 80. A notice to
adjourn over from today till Monday
was made by Senator Faulkner Dem
of West Virginia, and was resisted by
Senator Hoar (Rep.) of Maine, the
former suggesting the propriety of
proceeding with the debate on the
Montana senatorial case and the latter
fourth ction on the national circu.
lation bill.
Senator VOORHEES, Oemocrat) of In
diana, chairman of the finance COM
mittee, concurred in the necessity of
action on the National bank bill. At
ter further discussion the motion to
adjourn over was withdrawn. Senator
Voorhees, reported from the committee
on finance bill to discontinue the
purchase of silver bullion, and declar-
ing it to be the policy of the United
States to continue the use of both gold
and silver as standard money.
The bill for an increase of the nation
al circulation was taken up.
Senator Allen of Nebraska, advocat-
ed the adoption of the amendment Of
fered by him last Wednesday to sus-
pend interest on bonds on which the
Increased circulation was based
Senator Stewart gave the history of
recent developments in the silver ques-
ton at home and abroad. He de-
clared the Sherman act must not be
repealed until the whole question was
investigated and discussed, and the
condition of silver as money metal pro-
vided for.
Senator Mcpherson argued against
the Allen amendment.
Senator Henderson opposed his col
leagues amendment and favored the
immediate passage of the bill.
Senator PETER made speech against
the national banking system. The
usefulness of national banks has ex-
pired and they should no longer cum
Der the earth. He opposed the bill
and suggested the issue of 500, 900, 900
in greenbacks, which would, he said,
20 far in restoring confidence.
AFTER further discussion Aliens
Amendment was rejected.
Senator Vest of Missouri, on behalf
of the finance committee, presented
substitute fixing the number OF grains
of silver coins Of the United States at
4644 grains pure silver per dollar, and
proportiouately for half dollars, quar-
ter dollars and dimes. The bill and
substitute were placed on the calendar.
and Senator Voorhees, gave notice
that he would call up The bill and ad-
dress the senate upon it Tuesday.
The next question was on the
amendment offered by Senator Cock
rell for the redemption of at face
value and accrued interest of such 2
per cent bonds as may be presented for
redemption and to issue greenbacks to
pay for them. The amendment was
opposed by Senators Mcpherson and
Sherman.
Senator Cockrell advocated the
amendment. Before reaching a vote
an executive session was INDUCED in
and then the senate adjourned Till
Monday.
The silver debate was resumed i'm
mediately after the reading OF the
journal apd the floor accorded Mr..
Sibley, (Democrat), of Louisiana, who
is in favor of bimetalic standard. He
spoke also in support of the PROPOSE
ton of Mr.. johnson of Ohio, provid
ing that holders of United States
bonds might deposit those securities
with the government, receiving there
for treasury notes. At the conclusion
of Mr.. Sibleys speech Mr.. Catchings,
(Democrat), of Mississippi, from the
committee on rules, reported resolu-
ton authorizing the appointment of
committees by the speaker, some with
increased membership, as stated last
night. -,
After the resolution was adopted the
, silver debate was resumed.
Mr.. Haines Democrat) OF New York
took the floor. He was amazed at the
attacks upon Wall street, the savings
bank of the nation. 1t was curious, If
Wall street was responsible for the
panic, that the panic should begin in
the West.
Mr.. English Democrat) of New
Jersey took the same ground. He
wonld vote for the repeal OF the
purchasing clause of the Sherman bill,
but did not hold that that repeal
would be a penacea for all our, evils.
He had the greatest respect for the
opinion of the president. He had read
the message between the lines ana
was satisfied the president was bl-
Mr.. Everett (Democrat) of Massa-
ohusetts raised his voice in favor 9th
reneal of the Sherman law.
Mr.. Simpson (Populist) of Kansas
smoke in favor of free coinage. He
severely criticised the Democratic
nartv for absolute uselessness. There
was no Democratic party any more, 1t
was was Cleveland's party. He also paid
sarcastic respects to the Republican
SAL o,d charged the present depres