The Iola register. [volume] (Iola, Allen County, Kansas) 1875-1902, 1893-09-01
CONGRESSIONAL.
Both Houses Trying to Solve the Financial
Probe M Nothing Yet Settled.

fSotn houses Trying TO solve the indHctAh
Probe m-Nothing Yet Settled.
THE senate was not in session on the i9th....
In the house the silver debate was continued
Messrs- McCreary (Ky.) ana Catchings (MissD
SPOKE in favor of the unconditional repeal OF
the Sherman act, and Mr.. Livingstone (Ga
favored free coinage At the evening session
Mr.. Curtis Ckan.) spoke in favor Of the Wilson
bill (repeal of the Sherman acp. and Mr.. Clark
(Mo) favored bimetallism and free coinage.
THE proceedings in the senate on the 2lst
were OF little interest Senator Morrill, spoke
In favor of the repeal of the Sherman act A
bill TO aid the San Francisco exposition passed
Mr.. Chandler offered a resolution that there
was no lawful election for senator by the iegis-
lature of Kansas, which was referred Mr.
Stewart offered a resolution calling on the Sec
rotary Of the treasury for a statement as TO the
silver bullion purchased in July, 1898, which
was agreed to The bill disseminating the pur'
chase of silver bullion was then called up, and
after Morrill's speech Mr.. Voorhees, had Secre-
tary Carlisle's letter as to the cost OF reconage
read . In the house Mr. Powers (Vt) spoke
in favor of the repeal of the Sherman act Mr..
Hooker Miss opposed the unconditional re-
peal Pending debate the speaker announced
the standing committees. after which Saturday
was set apart for general debate. Mr. Cooper
(Ind.) then spoke against free coinage MI.
Alexander IN. c. advocated II, Mr. Sperry
opposed Mr.. Cox (Tenn.) favored it, and Mr..
Settle IN. c. opposed free coinage but favored
bimetallismL The evening session was devoted
TO further debate on the financial question
THE great event'in the senate on the ed was
the speech of Senator Voorhees,. He made
strong appeal for the repeal of the Sherman
act but declared in favor of bimetallism as the
policy of the country. He severely denounced
national banks, defended the state bank sys-
TEN and advocated system OF limited
states notes for general use and state bank
solution of the present problems because it
would give sufficient volume OF currency. on
practical specie basis, guaranteed also BIZ pub
| Tic honor and would destroy all power in the
hands of individuals corporations or syndicates
| to cause fluctuations in the amount OF c1rcula-
| tion rendering panics and business distress I'M
possible. lie also favored n carefully adjusted
| and graded income tax. Mr.. voorhees, spoke
/ for over one hour AMI a half and was followed
| py Mr.. Palmer in favor of repeal The national
| bank bill taken up but went over without
| action. Mr. PETER offered resolution calling
| for information as TO the conduct or national
| banks in New York, Boston and Philadelphia,
| which went over 49,. Debate on silver continued
in the house Mr. Hopkins (IlL) favored I'M
| conditional repeal. Mr.. Hepburn date comp
1 troler of the treasury created surprise by
| disagreeing with his party colleagues and de-
/ claring against the repeal Of the Sherman act,
| \ joint resolution passed extending to the
| Cherokee outlet the provisions of the act pro-
viding for tOwusite entries in Oklahoma. The
silver debate was then continued until adj
| journment.
| In the senate on the I'D Mr. PETERS resolu-
ton calling on the secretary of the treasury to
| explain WHY the banks OF New York. Phiadel-
| phia and Boston were permitted to pay depos-
itors in certificates was taken up and long de-
bate followed which developed much opposition
| TO national banks The resolution finally went
over. The Montana senatorial case then came
| up and a resolution declaring Mr. Mantle not
| entitled 20 a seat carried By 81 ayes TO - nays
but motion to reconsider left the question I'M
decided at adjournment. The debate con-
| tnued in the house on the silver question but
was dull and embarrassing. The only thing OF
interest being the surprise created by Mr. Can
| non Uil). who spoke against the repeal OF the
Sherman act
| IN the senate on the cath the vice president
| announced Senators voorhees,, Sherman, Ran
| SON. Chandler. White, Squire and Martin as
| a committee on the commemoration of the
Tooth anniversary of the laying of the corner
stone Of the capitol The house joint resolu-
ton making the act of Nav Il, 1870, as to town.
sites, applicable to the cherokee outlet. was
| reported with an amendment requiring the
| trustees appointed to be residents OF Oklahoma
and placed on the calendar. DIR PETER then
| addressed the senate on the financial situation
He held that the trouble has not been caused
by anv want of confidence on the part of the
| people but by practical treason on the part OF
| a class which he hoped would be relieved from
| the responsibility OF stealing from the people
He was followed BY Mr. Allen, who spoke in
support OF his amendment, to add to the Voor-
bees bill a provision for free coinage ut tie
ratio OF 10 to l. and for the coinage, without I'M
necessary DELAY of the silver bullion owned by
| The government -. The silver debate in the
| house was continued but without any partlcu-
lar interest except an amusing uii between
Messrs Pence Coli and b vnum Gnd }.
| WHEN the senate met on the 18th there was
| 4 good attendance the event of the sitting he
ing the speech of Senator Hill IN. -. who al
dressed the senate He declared himself a BIZ
| metallist and for free coinage at proper ratio.
| He favored the repeal of the Sherman act Mr..
| Stewart also spoke The house joint resolution
| extending to the Cherokee outlet the provisions
| OF the Oklahoma TOWNSHIP act passed without
| amendment Adjourned until Monday. The
| silver debate was resumed in the house. MIR.
| DocIlery (Mo) favored free silver Messrs
| Pendleton and Bowers also favored free silver.
| Mr. Burrows Mich declared the monev strin
| gency was due to the fer that the democratic
| PARTY would disturb the tariff He had no hest
| fancy in voting for the repeal OF the Sherman
| law as il was unsound in principle, its p-actica
! workings were n disappointment, and IL con
| tuued would result disastrouSly 10 the country.
| Mr. Springer attributed the financial trouble &c
| the tariff legislation since the war: over-pro
duction, over borrowing and over trading caused
by this slim dlant, and the decentralization Of
silver He favored the repeal OF the Sherman
| act and as soon as that had been done he
| favored going 10 work TO investigate thorough
ly and formulate properly such measure as
| would fully meet the expectations OF the peo
| pie. The debate continued until adjournment
/ hot