The herald., 1893-08-09
THE SOL0NS IN SESSION,
Yesterdays Doings Under the
Dome of the Capitol.
The Presidents Message Read
in Both Houses.
Financial Discussion Already Begun
in the Senate.
Several Financial Measures Introduce cd.
Senator Hill Places HimssIf ON
Record as an Earnest BIZ
metallist.

By the Associated Press.
WASHINGTON, Aug. 8.-After the morn
ing routine the senate took recess til
12: AS to await the presidents message
On reconvening the message was read
Seldom in the history OF the senate has
message been listened to with such
close attention. Every senator seemed
on nervous strain not to lose word
As soon as it was ended, Voorhees,
moved that it be printed and referred
to the committee on finance. The NEE
rage was thereupon referred to the com.
mittee on finance with orders that it be
printed immediately.
Dolph OF Oregon gave notice that be
would, after the morning business, ad.
dress the senate upon the subject ol
finance.
A large number of petitions for and
against the repeal of the Sherman act
were presented and referred. Then il
was announced that the introdu ction oil
bills was in order.
The first bill of the session was intro.
duced by Hill of New York. Its title
was "To repeal certain sections of the
act of July IA, 1890, known as the Sher-
man law" 1t was referred, without
reading, to the committee on finance.
The next two bills were introduced by
Stewart of Nevada. Their titles were
To Restore the Right Of Coinage, and To
Supply the Deficiency in Currency. The
latter bill was read in full. II directs
the secretary of the treasury to iesue
silver certificates equal in amount to the
sill I,rsilfDv, in he y 4
under the act of July IA. 1890. in excess
of the amount necessary at it's coinage
value to redeem the treasury notes is-
sued under that act, and to use the same
to provide for any deficiency in the reve-
such certificates to be ueed in the pur-
chase OF per cent bonds at their mar
ket price, not exceeding IL per cent
premium.
Stewart said that he desired to call
the attentionof the finance committee
f. h lntts e fee IT. s s, Tas sTS to
vided, he said, for issuing 100000, 200
OF treasury notes to pay for bonds to be
deposited as security for notes. The
notes could be afterward retired with
bonds. That wonld give about $780,
600, 600 of increase to the currency and
would give immediate relief. The sem
ate should not delay action when the
country was in such 8 state of panic.
1t would be unpatriotic for any man to
get up discussion now, but the silver
men did not believe that thev could
allow the Sherman act to be repealed
because they believed that that would
be the end of silver coinage forever.
They could not agree to that, but thew
did not want to be put in the position of
contending against what was absolutely
necessary at the present time. He was
in favor of any temporary measure
that would give relief, and in the noean-
time discussion of the whole financial
question could 20 on.
At the close OF Stewards remarks his
bill was referred to the committee on
finance.
Vest introduced q bill to fix the num-
Der OF grains of gold and silver in gold
and silver coirs of the United States
lthe silver dollar to contain 464 4-IO
grains of pure silver or SIG grains of
standard silver.
Vest also offered a Joint resolution
setting forth that the American people
from tradition and interest favor bi.me-
tallism; that it is the established policy
of the United States to maintain parity
between gold and silver; and that it is
the duty OF congress to speedily enact
such laws as will effectually maintain
these objects.
Lodge introduced resolution for
vote on the repeal of the silver purchase
act on the 22d instant.
Hale of Maine offered resolution fix
ing the hour of the daily meeting of the
senate after tomorrow at IL O'Clock. He
said the president had very aptly and in
no uncertain tone given business to the
senate and house to attend to, and he
quoted the maxim. "He gives twice who
gives quickly" His object in Offering
the resolution was to strengthen the
president's hands by increasing the
length of the working day and thus de-
creaHing the number of the days that
must elapse before the adoption of the
legislation which the president recon-
If the senate were to take a
vote on Auguet 22d, as proposed bv
Lodge, and which he thought two-thirds
u the Republican senators would favor.
10 O'Clock would be a better hour to
meet than IL. But he was willing to
et it stand at IL. He did not PROPOSE
% have vote taken upon it now. bnt
would move it's reference to the commit
ZEE on finance. He hoped the commit
ZEE on finance would get together tomor-
'ow and would report a joint resolution
epealing the purchase clauses of the
Sherman act so the senate could get to
work upon it Thursday.
German resented Hale's remarks as
,eing made to gain partisan advantage,
1t was small politics" that had sug-
.ested the resolution. The senate
Jared not, as the senator from Maine
lnew, dispose of such a question in
taste. The senators on both sides we're
livided in opinion as to the proper rem
dy to be applied. He trusted all the |
enators would rise above mere parti-
anship and would settle the question
o the interests OF the country, and he
loped nothing would be done on the
Republican side of the chamber to ex-
ite party feeling on the Democratic
ide.
Voorhees,, chairman Of the finances