The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1893-08-09
THIN WORK Or CONGRESS.
Important Measures introduced
in the Upper House.
SENATOR HILLS BILL.
1t Leaves no Doubt of His Position on
Financial Issues.
Stewart of Nevada Presents Measure
Which Will Give Immediate Relief to
the Country-A Debate INDUCED
in Which Grows Rather Warm.

WASHINGTON, Aug. s. - After the
morning routine the Senate took recess
till 12:45. to await the arrival of the pres
ident's message.
Mr.. Lodge introduced resolution for
a vote on the repeal OF the silver purchase
act on the 22nd, inst.
On reconvening the message was read.
Seldom in the history of the Senate has a
message been listened to with such close
attention. Every senator seemed in q
nervous strain and would not lose a
word.
AS soon as it was ended MI. Voorhees,
moved that it be printed and referred to
the Committee on Finance. The message
was thereupon referred to the Committee
on Finance with orders that it be printed
Immediately.
| Mr.. Dolph of Oregon gave notice that
he would, after the morning business,
address the Senate on the subject of
| finance.
A large number of petitions for and
against repeal of the Sherman act were
presented and referred. Then it was an
nounceo that the introduction of bills
was in order.
! The first bill of the session was intro
duced by Mr.. Hill of New York. Its
title was, ssTo repeal certain sections CT
the act of July IA, 1890, - SHERMAN Iaw.)
1t was referred without reading to the
committee on finance.
The next two bills were introduced by
| Mr.. Stewart of Nevada. Their titles
were ssTo Restore the Right of Coinage"
and 'sTo Supply deficiency Currency
The latter bill was read in full. 1t di-
reefs the secretary of the treasury to is
sue silver certificates equal in amount to
silver bullion in the treasury, purchased
under the act of July Ia, 1890, in excess
OF the amount necessary at its coinage
value, to redeem treasury notes issued
under that act and to use the same to
provide for any deficiency in the reve-
nues of the government, the surplus of
such certificates to be used in the pur-
chase of per cent. bonds at their market
price, not exceeding II per cent pre-
MUM.
Mr.. Stewart said that he desired to call
the attention of the finance committee to
the latter bill. It's purpose was to give
immediate relief. His bill provided, he
said, for the issuing of one hundred mill
| lion of treasury notes to pay for bonds to
! be deposited by the banks as security for
notes. The notes could be afterwards re-
tired with bonds, and that would give
about $50, 900, 600 of increased currency,
and would give immediate relief. The
Senate should not delay action when the
country was in such state of panic. |
would be unpatriotic for any man to get
up discussion now, but the silver men
did not believe that they 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 they did not want to be pat in the
position of contending against what was
| he tal M
time he was in favor of any temporary
measure that would give relief and in the
meantime discussion of the whole
financial question could go on. AT the
close of Mr.. Stewards remarks his bills
were referred to the committee on finance.
Mr.. Hale of Maine, offered resolution
fixing the hour for 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
had quoted the maxims fthat he
gives twice WHO gives quickly.''
His object in offering the resolu-
ton was to strengthen the president
hands by increasing the length OF the
working day and thus decreasing the
number of days that must elapse before
the adoption of legislation which the
president recommends. If the Senate
were to take vote on August 22nd as
proposed by Mr.. Lodge, and which he
thought tWo-thirds of the Republican
Senators would favor, 10 O'Clock would
be the better hour to meet than IL. But
he was willing to let it stand at IL. He
did not propose to have vote taken upon
it now, but would move its reference tc
the committee on finance. He hoped the
committee on finance would get together
tomorrow and could report joint resolu-
ton repeating the purchase clauses o1
the Sherman act, and the Senate could
:, get to work upon it Thursday.
Mr.. German represented Mr.. Hale's re.
marks as being made to gain partisan
advantage. 1t was small politics that hac
suggested the resolution. The Senate
dare not, as the senator from Maine knew
dispose of such d question in haste. Sen.
ators on both sides were divided in theil
opinion as to the proper remedy to be ap.
piled. He trusted ali senators woule
arise above mere partisanship and would
settle the question to the best interest o
the country, and he hoped nothing would
be done on the Republican side of tn.
z chamber to excite party feelings on tn,
Democratic side.
Mr.. Voorhees,, chairman of the financ,
, committee, said that that committe,
! would be convened the day after tomor
row.
Several Republicans asked, sW by no
tomorrow
; Mr.. Voorhees, shall issue call to-
morrow for the committee to meet or
Thursday to take up the great question a.
it must be taken up, far away from tn,
speeches of cheap demagogues such as W,
have been listening to. The idea of deal
| ing with this question in hop, skip anS
jump style suggested by the senator iron
Maiue, is amazing in the Senate of Jh
. United States, particularly in the case O
the senator-who is now put forward Il
undo what he has helped to do. The sen
ator from Maine forgets that every curs
: OF the Sherman act comes home to roos
this. Not a single vote on GU
side was given for that miserable
: act, and the idea of the senator iron
Maine appealing to me to make haste I,
undo an infamy and fraud which he him
self voted to fasten on this country. j
|. about the most refreshing thing that
have witnessed in thirty years of publ
!, life'' daughter and hand clapping on tn
floor and in galleries).
!, Mr.. Sherman said that the act which
: was now sought to be reversed had BEEF
: caused by the imminent danger of tn
two houses agreeing to bill for the fire.
coinage of silver. On this subject Mr.
Sherman went into some details whicl
have been frequently published.
Mr.. Vest said the Senator from Obi
had made extraordinary statements
which, in justice to all Democratic Sena
tors, ought to be now considered. Th
Senator had stated that the Sherman &C
> had been enacted in order to prevent tn
passage of free silver bill.
: Mr.. Sherman To prevent create
evil.
Al Mr.. Vest-Is that correct statements
Mr.. Sherman-The House provided fo