Evening star. [volume] (Washington, D.C.) 1854-1972, 1893-10-02
Sill YER REPEAL ,
The Bill in the Senate Loaded Up
With Amendments.
SKILLED PARLIAMENTARY PLOTTING
Will Be Required When a Vote is
to Be Taken.
A NUMBER OF PROPOSITIONS

When the time comes to take a vote on
the repeal bill and it's amendments skilled
parliamentary plotting will be required to
determine the order Of precedence in which
the various motions will have to be put
So many amendments have been offered
to the repeal bill-or rather so many no.
tices Of proposed amendments have been
given In the Senate-that a general state
ment as to them may lead to a better un-
derstanding of the whole question.
The bill as 1t passed the House Of Repre-
sentatives on the 2Sth of August repeals
SO much Of the act Of July IA, 1890 Uhe Sher-
man acD.as directs the purchase of $500, 900
ounces OF silver bullion per month; it pro-
vldes that such repeal shall not impair or
IN any manner affect the legal tender quail
ity OF the standard silver dollars heretofore
coined; and 1t pledges the faith and credit
OF the United States to maintain the paritv
OF tne standard gold and silver coins of
tne United states at their present legal
.ato or at such other ratio as may be es-
This House bill (sometimes referred tn
as as me wilson bilD was communicated to
.ne senate the same day and was tmme-
1,a.ely 1nany reIerred to the committee on
linance. 1t was reported back to the SEN
a.e the next day (2sth) with an amendment
IN the nature of substitute This (Which
~ n,,s sometimes referred to as the Voorhees,
Did, strikes out the whole of the House
Dill and substitutes for it the first mart of
the House bill Qhe repeal provision). II
tnen ADDS a declaration that lit is the
poaeS ,,oa ot .ne United States to continue the
use OF both gold and silver as standard
money, and to coin both gold and silver
lnto money OF equal intrinsic and exchange
ape ab vaiue.such equality to be secured
through international agreement or by
such safeguards Of legislation as will in
| sure the maintenance of the parity in value
OF the two metals, and the equal power of
every dollar, at all times, in the markets
and in the payment of debts" 1t then fIr
ther declares that the efforts of the gov
ernment should be steadily directed to the
estaDnSnmeht 'of such safe system Of
Dimetallism as will maintain at all times
tne equal power OF every dollar coined or
issued by the United States in the markets
ana In the payment of debts'
Proposed Amendments
From the day that the substitute was re-
ported Dack from the finance committee
until Saturday notices of intended amend
ments have been given, which, taken up in
the order of time, are follows:
% By Mr.. Hansbrough IN. d.. For tho
issue or silver certificates to replace all
classes or gold coin or paper currency in
cludlng national bank notes of less denomi
nations than SO. and for the bi-monthly
purchase or silver bullion and the coining
thereof into standard dollars at the exist
ing ratio. as a basis for the circulation and
redemption, at par, of the certificates The
certiIicates are to be legal tender for all
suhs OF >lO or less The issue of gold
coins and paper currency of less denomina
icateS) Is to cease
Go BY Mr.. PETER Kan). For free and
uniiulteo coinage OF gold and silver at the
existing ratio. ~
90 BY Mr.. Call F'la.) Requiring all the
silver bullion in the treasury to be coined
into dollars, half dollars and arter dol
n md fhat
tender silver certificates shall be issued and
paid out for all public dues and shall bE
deposited In the national repositories and
subtreasuries.
Also providing for a convention OF North
ana South American states to consider and
ueclde upon a common standard or ratio
upon winch gold and silver shall be main
tanned and admitted to free coinage
(D BY Mr.. Butler Is. c.. Repeating the
banks
% BY Mr.. Faulkner Cw. va). For the
monthly coinage of three million standard
dollars out OF the silver bullion in the treas
ury.
Also for the ronthly purchase of suf-
ficient silver bullion to coin two million sill
yer dollars. and for the coinage thereof into
quarters, half dollars and dollars. The
whole aggregate of silver coinage is not to
exceed s0O0OO.OO0. All national bank notes
or denominations less than SO that are re-
ceived at the treasury or any subtreasury
are to be destroyed and new notes issued
for them. Of which SO shall be the lowest
denomination.
6. BY MIR. Stewart (Nev.| a Congress
of the Central and South American repub-
lies. Mexico. Haiti and San Domingo, for
the adoption of common silver coin to be
issued by each government, and to be
legal tender in all commercial transactions
between the citizens of all the states par
ticipating In the conference.
For Free Coinage.
z. By Mr.. Kyle Is. D.)-For free coinage
of silver at the ratio of 16 to /. the govern
ment to receive the seigniorage or differ
ence between the bullion and coin value Of
the metal; and for the issue of silver GER
dtcates on such dollars.
.. BY Mr.. Call F'la). his second amend
ment, opening the mints of the United
States for the coinage of all gold and silver
bullion that may be brought to them into
coins OF the standard weight and fineness.
D. BY MIR. Squire (Wash.). Authorizing
any owners OF silver bullion to deposit 1t
at any mint of the United States, to be
coined into standard silver dollars Of the
present weight and fneness. for his benefit,
but he is only to receive dollars equaling
the commercial value of the bullion on the
day of deposit Such coinage is not to ex-
ceed AOOO,OOO per month"; until the amount
coined reaches S20O.0OO,OOO. when all further
coinage of silver dollars shall cease
These silver dollars are to be a legal tender
at their nominal or coin value in all pay
ments No certificates are to be issued to
represent them. And the purchasing
clauses of the Sherman act are to be re-
pealed.
A Monetary Commission.
10. By Mr.. Gallinger (N.H). For the ap-
pointment Of monetary commission to
take evidence in all parts of the country
on matters relating to finance and the
currency, and to report on the best policy
to be adopted to maintain the double stand
ard.
QD. By Mr.. Allen (Neb)-To permit any
owner Of silver bullion to deposit it at any
mint and coined into standard dollars for
his benefit-less 20 per cent, which is to be
retained by the government as seigniorage.
Q2). By Mr.. Jones Ark)-For a commits
sion to examine into the financial and mon
etary condition of the government and the
people Of the United States with a view to
devising means for the betterment thereof.
Also directing the Secretary of the Treasury
to set apart and retain in the treasury SO
much of the silver bullion as may be neces-
sary to redeem the outstanding treasury
notes issued under the Sherman act, and to
coin the remainder of such bullion at not
less than $4,0O0,OOO a month. And until all
such bullion is coined, purchase under the
Sherman act is to be suspended.
Q3 By Mr.. Wolcott (Col.)-Directing the
repayment to the states interested Of the
cotton tax collected during the war.
QD. By Mr.. Perkins (Cal al)-For the OPEN
Ing of the mints to the coinage of silver of
proved American production at the existing
ratio 20 per cent to be withheld for minting
or