The star. (Reynoldsville, Pa.) 1892-1946, 1893-08-30
EXTRA SESSION OF CONGRESS
THIRTEENTH DAY,

1
until the hour of adjournment.
HousE, The debate on the silver question
occupied both the day and night sessions OF
| the house, with no action had when the
house adjourned.
FOURTEENTH DAY.
SENATE-Mr. VOORHEES, (Dem. Indiana)
| Chairman of the Finance Committee ad-
dressed the Senate in advocacy of the bill re.
ported by him last Friday discontinuing the
purchase OF silver bullion. The speech was
listened to with the greatest interest and at.
tention. Nearly every Senator was in his
seat, and the galleries contained the largest
crowd of the session. At the con-
clusion of Senator Voorhees, effort MIR.
Dubois spoke in the interests of the silverites,
Mr.. Palmer argued in the support of repeal
The hill was then laid aside and the Mon.
tana Senatorship case taken up. but on n
motion by Mr.. Mcpherson IL was laid aside
and the national bank bill considered MIR
Stewart antagoni2ed the position taken by
Mr.. Voorhees, in n brief speech. A motion
was offered by Mr.. PETER, and went over
till 10 morrow, calling on the Secretary OF
the Treasury for report as to whether
national banks in BostcI, New Iors and
Philadelphia were being conducted in vio-
lation of law. After short executive ses.
sion the senate adjourned.
HoUsE The silver debate was continued
until adjournment
FIFTEENTH my.
SENATE.-Mr. Pasco CDeml. of Florida
gave notice IN the senate to-day Of substi-
tute TO Mr.. Vests minority bill for sil jer
coinage at the rate of 20 to /. The substi-
tute proposes commission OF three citizens
Of the United States TO be appointed by the
president TO ascertain and determine by the
first OF January next a lair and Just ratio
between the actual intrinsic value of silver
and gold as basis for the free coinage Of
silver After the result Is reported to the
secretary OF the treasury, the weight of pure
and standard silver to be contained in dol.
lars, halves, quarters and dimes is
to be fixed and determined by him.
and silver is to he coined. The
resolution offered yesterday by Mr.
Pefler calling ON the secretary Of the treas.
ury for information as to whether the ma.
tional banks of New York, Boston and
Philadelphia were conducting their affairs
at present in violation OF law regarding the
amount OF their reserve. the payment of
checks and the rates Of interest charged
was then taken up on n motion 10 refer il
TO the committee on finance, made by Mr..
lloar, Rep, of Massachusetts. A number
OF Senators talked on the subject and the
debate was the liveliest of the extraordinary
session. Mr. Hill undertook to draft some
modification of the resolution, but before
he had completed II the morning hour ex-
pired and the resolution went over without
action. II took its place on the calendar
where II can only be reached again in regu-
lar order or upon motion supported by
majority vote. After some routine business
the senate adjourned.
HoUsE-The silver debate was continued
during the entire day and night session,
without any definite action being taken,
when the House adjourned.
SIXTEENTH DAY.
SENATE-The great financial question was
debated until adjournment
HoCsE-The noted silver debate was con-
unued at both day and night sessions.
SEVENTEENTH DAY.
SENATE speech rnade BY Mr.. Hill,o
New York, in the Senate to-day was re.
markable in many respects. The speech
occupied in its delivery n little over an hour
and half and attracted close attention.
Alter few Introductory words Senator
Hill began by enumeratng the causes
OF the present distress. One is the panic
fear that falls upon nations every 20 years
and which no prudence will avert. Another
was The flooding of the money centers with
watered stock by persons in "A haste to get
rich. A third has been overproduction and
an unfavorable balance of trade. A fourth
is the uneasiness of the protected industries.
A fifth was the concerted action of mo-
nometalists to disgrace and degrade silver.
sixth IS the Sherman silver purchase law.
As to the trouble caused by the fear of tar
Ill changes, lie said, there is norelief for II
unless the dominant party abandons its
principles and surrendeTs in advance to the
interests which were defeated at the last
election. The Democratic party is pledged
10 tarif reform, and it must redeem its
pledge, come what may He adds that of
course, there will be some friction, "but the
people perfectly understood the question
last fall, and they voted with their eyes
open. Our course is onward, and we
shall not retreat" As to the
Sherman law, he said that no
On the question of ratio he said that when
the policy of bi.metallsm is definitely
settled 1t will be time enough to take up
that subject, He was Of opinion, though,
that any change should be in the way OF
diminished ratio, as 10 to l, which would
enable us to recon at profit and place our
silver pieces on level with those of other
countries, He concluded his speech with
criticism of the Presidents special
message as not explicit, and as leaving
the impression that he was aiming
to to establish "a single gold :, standard.
Mr.. Stewart, Republican, of Nevada, spoke
on the silver question. He declared that
the bill Of the Finance Committee was to
practically demonetize silver. No man
should be deceived on that point. The
promise in the bill was an insult to the in
telligcnce OF the American. people. The
sherman act had not been executed accord
ing to its spirit. II IT had been, 1t might
have done good; it certainly
would not have done harm. This
bill Mr.. Stewart exclaimed would
not pass. No Senator could vote for the
unconditional repeal of the Sherman act
without violating his pledges to his consti-
tuents, They had declared on all occasions
that they were bmetallists; but this bill
was'monometallism. And when under it
.he price of silver was brought down to 20
and 80 cents an ounce, there would be
nothing left for the people but to rise in their
might and break the chains with which the
gold contractionists had bound them and
make their own money. 1t might not be
silver; 1t would not be gold. Notice was
given out that one or the financial meas
ures would he pressed to vote next week,
and the Senate adjourned until Monday.
HousE.-Nothing sensational transpred
IN the house today. Aside from the speeches
iy Messrs Burrows and Springer, there
were none that commanded the attention
OF the members, and after dull session
the house adjourned.
EIGHrEENrH DAY.
SENATE.-Not in session,
HoUsE,-This was day of giants in the
house, and all Washington arose early and
horked to the Capital to witness their