The Bessemer indicator., 1893-11-04
CONGRESSIONAL pRocEEc.sos.
HAs Hspsai Rin Finally fasssA ~ Dssh
Aeasea sAd signed BY the
fr~sidsnt.
sevsatistA nay.

|
The consideration Of the repeal bill was re-
eumed and Mr.. Stewart took up the thread of
| his argument where he stopped last evening
when the Senate took a recess. He spoke un-
Il i,O when be yielded the floor to Mr..
| Jones. After the latter had spoken fer some
time he yielded the floor and q vote was taken
on the PETER free coinage Amendment its
suthor fret declaring that the silyer men had
not yet surrendered.
The question then put on the amend
saert and It was rejccted-ayes Is, nays 3A
/ The detailed vote on the PETER aA,endrnsnt
was as follows:
Yeas-Allen, Bate, Berry, Blackburn, But
Ter, Call, Coke, Daniek pubos, George, Har-
rts, irby, Jones tArkahsasl, Jones fNevatal,
Kyle, Martin, pasco, Peifer, Power, Pugh.
Roach, Shoup, Stewart, Teller, Vance, Vest
Wslthall and Wolcott Total, 2s.
Nays-Aldrich, Catirey, Camden, Carey,
Galiinger, Gibson. German, Gray, Hale, Hig-
, gins Hill, Hoar, Lindsay, Lodge, Mcmillan,
Mcpherson, Mills, Mande-son. Mitchell of Wis
eonsin, Morrill,, Murphy, Palmer, Perkins,
Proctor, Quay, Ransom, Sherman, Smith,
Stockbridge, Turpie, Villas, Voorhees,, Wash
burn And White Of Louisiana Total, 80.
The following pairs were ANNOUNCED, first
named being affirmative. Cockrell and ALL
aud Chandler, Colqutt and Wilson, Petit.
grew and Gordon, Hansbrough and Mills,
.dorgan and Hawley, Hunton and Platt, Nit
chell t0rcgoul and Squire.
Mr.. voorhees, then moved that the substi.
tutc reported by the finance comnaittee for
House bill be adopted, and asked open con
sent that after its adoption II might be treat
ed as open to amendment as the original bill
would be. To the latter request there was no
objection. On his motion the ayes and nays
were taken and vote OF yeas IS, nays o, the
, substitute reported by the finance committee
was agreed to. Those who voted against
the substitute were Senators Allen, Bate
Call. Coke, Irby, Kyle, Percr, Roach and
Vance.
Mr.. Perkins OF California then offered the
amendment OF which he had given notice on
October IA. 1t provides for the coinage OF
American silver at the existing ratio, with a
sefgnioragc charge of 20 per cent. No gold
Issue OF less denomination than 80 are to be
coined, and no legal tender, national cur
rency or treasury notes of a less 3eGo;,.idas
ton than S5 are TO be issued.
Brief remarks were made by Perkins and
Allen, and then Mr.. Teller took the floor. He
Republcah repcalcrs and characterized the
situation rs disgraceful surrender.
ITO me this is the most terrible moment of
my Legislative Efe,n said Mr.. Teller with
much feeling. TO me it brings more fear
than anything since entered public life.
fear We are entering upon financial system
from which there is absolutely no escape. 1
know there will be no favorable legislation
tor silver Until the American people are heard
from at the ballot box, and heard from in u
way that will compel attention TO their de-
sires. Mr.. President, am not pessimist,
never have been. | am optlmist / have
never seen disaster and distress growing out
of politics simply because they did not meet
my approval. have faith In the American
people,
Here Mr.. Teller's voice choked and tears
came to his eyes. He spoke most impress
sively and was accorded the undivided at
tentlon of every senator and the large audi
ence In the galleries.
Mr.. Voorhees, desired to secure n vote on
the Perkins amendment, but as Mr.. Wolcott
expressed wish TO submit some remarks, he
moved that the Senate take recess until IL
o'clock tomorrow morning and the motion
was agreed TO at 5:45 O'Clock.
seventy-First Day.
SESATE.-The urgency deficiency bill was
considered and passed. The Joint resolution
offered by Mr.. Cullom yesterday, transferring
the model battle ship Illinois to the state OF
Illinois as an armory for the naval militia of
that state, at the close of the Worlds Fair, |
was passed.
The repeal bill WAS taken up at II 70 a. nj.
and Mr. Wolcott addressed the Senate. He
was replied to by Mr.. Sherman who expressed
his sympathy with the senators from the sil- |
yer states and said II the question did not In
volve the serious Interests of the entire coun-
try, he and those who believed with him
would be willing to grant their appeals and
grant them all they asked He was inter
rupted by running fire of questions from
the silver men.
The question required on Mr.. Perkins
amendment, and by n vote of yeas 80, nays 81, |
the Senate rejected 1t.
Mr. Berry offered an amendment providing
for the revival OF the Biand-Allison act and
spoke In Its support 1t was rejected by a
vote OF 80 To 81.
Half dozen other amendm ents were voted |
down by varying majori,ics, and the Senate
adjourned with the understanding that vote |
would be taken on Monday.
seventy Second Day.
SESArE.-Thc public had ample warning OF |
the great speeches to be delivered and before |
IL O'Clock the galleries we're black were peo- |
pie and the press gallery thronged with the |
newspaper correspondents, who have vigil |
lantly watched this dercely- battle |
from the out-et,
Mr.. Cameron Of Pennsylvania then read
statement as 10 his position and views on the |
repeal bill. 1t was, In part, as follows:
Neither side Of the Senate has made sug-
gestion, which in my opinion. has been broad |
enough and, therefore, | have studiously |
avoided voting against the amendments pro- |
posed. There can be but one solution: Free /
coinage OF the American product OF silver is |
essential to our prosperity The Senate can
not with self-rcspect pass such n measure as
this Look for moment at the arguments |
put forward In support OF repeal One OF the |
most forcible is that 1t would oblige Europe
to enter Into an agreement with us to return
TO the use OF silver as money. That is to say, |
we intend to cut OF our American market for
tllVer IN Oruef 10 lUEoW H1Iy mlIIlOu ounces
year on the European market In addition to
what we already send, IN the hope OF break
down its market price. We have deficit OF ,
several millions month. II we manage to
keep fifty millions of gold in the treasury. we
shall do well. We arc wasting our silver and
our gold and our credit, and we call remou-
STRANGE factous.
Mr., Morgan then addressed the Senate.
The situation in the Senate seemed 10 him to
be very lamrntablc; one which he could
II md which he
contemplate only with serious apprehension
for the future welfare OF the country.
Mr.. Morgan said the passage OF the bill
would be an irrcyocablc surrender to the de
mnnds OF the most lnsolent aud oycrbearing
corporations. Referring to statement Of
Senator German that Senator Sherman had
dictated the course OF the majority, he said
impressively:
81 thank Almighty God the senator from
Ohio has never had the power to dictate
terms to me as n Democrat. lie may have
dictated them TO the President. to tho COM
,rttee. to the minority Of the Democrats on
tnis side, bat he cannot dictate To me-n
Mr.. Vest followed Mr. Morgan He ex-
pressed his sympathy with the people of the
silver states and said no or ksiscr would
desolate an iusurrcctionary province Con-
gress about 10 dcsolate the silver states
of the West. lie argued that the sci gn forage
in the treasury should be coined aud ridiculcd
the business method which would allow this
vast sum of S53,000,000 TO lie Idle In the
treasury and sell bonds 10 secure gold.
Mr.. Cockrell argued that Mt the last cleo
ton the tariff question, and not the financial
one, had been pressed to the front, and the
Democratic party secured a victory. Lead
Ing Democrats had expected " there was to
be an extra session II would be to reform the
tnr,N, but no. The election was over, tarll
was lost sight Of and The senior senator from
New York (ililD was bcheld pitching 10 the
front on the silver question. The lion at one
end Of the avenue and the tiger at the other