New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-10-27

Souire Mr. Snuire (Rep Wash) addressed the
Senate in advocacy of the amendment OF whlch ne
gave notice october 10. This amendheht pi'
poses 10 allow the owners ot silver bullion 10 nave
II coined into standard silver dollars at the present
ratio of Is to /; receiving standard silver dollars
for IT TO the amount Of the commercial Vaiue vi
the bullion the difference TO be retained as re-
serve fund by the Treasury. This coinage Is not
TO exceed 100000 month. and Is to stop wheh
the aggregate amounts to slcO,OOO0co. The SILVER
dollars are TO be fun legal tender ana no cer.lI
Gates are to be issued to represent them me puI-
chase clause of the sherman act is to be repeated
TO issue bonds payable after five years and bear
ing interest not to exceed per cent to the amouti
the money Of the United states at par with the
gold dollar He had endeavored. he said, in offer
is is the path OF safety Originally he had been
for repeal and was so now There was no , rea-
further over the subject There had been timidity
about aSs ON b is sbee had Oh no doubt exs,ed
when. If action had been taken. the present panic.
ne believed. would have been averted:
At the close of Mr.. squires speech the House bill
authorizing the construction Of bridge across the
was reported from the Committee Commerce
and placed the calendar.
The Urgency Deficiency Appropriation bl was
reported back from the Committee on Appropria'
The Silver Purchase Repeal bill was then again
taken up; and Mr.. Stewart Rep.. New began
another instament Of his very vouminous speech.
bate. He asserted that in all the newspaper
articles publishe. and all the speeches made IN
favor Of repeal 1t had not been pointed out how
the country could be benefited by the proposed
Mr. Palmer Dem. I'D made several Intellectual
attempts TO corner Mr.. Stewart into declaration
OF whether he really desired to have a silver
standard, and was finally told that IL he would
sit down Mr.. stewart would try to tell him what
ne wanted. The Illinois Senator sat down, but did
Nevada Senator's explanation. He soon on his
icet again. engaged in an argument as to BIZ
mctallism.
Mr.. Stewart yielded the floor to Mr.. Frye T2ep.
.hn pf.l l.arx from fftao
on Commerce the House joint resolution for the
reporting. marking and removal of derects in the
North Atlantic Ocean (by interna tonal agreemenp.
and the House bill approprating $4,000 for steam
revenue cutter OF the hrst-class for use on the
New-Eneland coast. They explained briefly
by Mr. Frye and were passed.
with his speech: When he came TO talk about the
act OF 1873 which he said demoneized silver he was
asked by Mr.. Palmer If he had not voted for 1t.
He admitted that he had. but pleaded that he
but one meaning Mr. Sherman) had been deceived.
No man who had voted for 1t knowingly would
ever be forgiven either in this world or the next.
tLaughter)
In the further course of his speech. Mr. Stewart
came TO the denunciation of English influence.
erted. as he said. in the Senate. He had not got
Mr.. Palmer with an indignant protest against such
Il statement.
Il am very glad" Mr.. Stewart replied that the
Senator shows spirit. If ne had knowledge equal
(Laughter)
MIR Stewart continued for some time longer
deca!ming against England. and AS he showed
sign of coming to end. Mr.. voorhees,, who
had been exercising his patience for over an hour
asked him whether he would yield for a recess.
Mr.. Stewart consented. with the remark that he
at 5:i5. the Senate took till IL tomorrow
morning.