The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-08-23

Three Resolutions Offered by Populists-The
National Bank Measure.

Three Resolutions Offered by Populists-The
National Bank Measure.
WASHINGTON, Aug. 22.-When the Sem
ate convened. to-day. Mr.. Allen, of Ne
brasks. gave notice of an amendment he
would offer TO the bill offered by MIR. Voor-
hees disseminating the purchase of silver.
1t proposed to add to the repeating clause
OF that bill that hereafter standard silver
shall be coined at the several mInts INTO
dollars. halves. quarters and dimes at the
present ratio of 16 to 1. under the same con-
ditions al to mIntage and other charges
enforced In relation TO the coinage OF gold,
and that the Secretary of the Treasury
shall. without unnecessary delay, cause all
the silver bullion owned by the govern
ment TO be coined into standard silver dol
lars TO be legal render.
Mr.. PETER, of Kansas. introduced q JOINT
resolution, which was referred TO the
fnanoe committee. for the reduction OF the
salaries OF all government officers and en-
plOyes above $1,000.
Notices of speeches on the financial ques-
ton were given by Mr. Stewart. of Nevada.
for tomorrow. and by Mr.. PETER. Kansas.
for Thursday. Then Mr.. Voorhees, dellv-
cred his speech.
At the conclusion of the Indiana Sena-
tors speech Mr.. Dubois spoke In opposition
TO the bill. What vote of the people. he
said, had instructed Representatives to
abandon silveri There was not o Senator
on the floor who had not been elected on u
platform that pied ged him TO bimetAllism.
No party had declared In convention in
favor OF recommendation. and. III his judg-
ment. no party dared. No Senator had u
right on his responsibility To vote to place
the country or a single gold standar d.
MT. Palmer argued In support oil the bill.
He OK pressed the opinion that the great
majority of the American people would not
only approve. bot wOuld rapturously ap.
plaud any act that would rstsblish and
MAINTAIN bImetallism. He believed. bowev-
er. that from the state of the market IL was
hey Ond any finite mind to fix the ratio OF
silver TO gold, because the market value of
silver WAS In q state OF chrome tuctuatlou.
The present ratio should be adhered to, the
Sherman law repealed and the use Of silver
coin encouraged by judioiOus laws.
The national bank circulation bill was
taken no. the question being on the amend
ment offered by Mr.. COckrell for the re-
dcmption of such two-p percent. bonds rs
may he offered and for pay in q now
issue OF treasury notes.
Mr.. Stewart was the first Senator to take
the floor. and he set out to antagoniZe some
OF the positions taken IN Mr.. Voorhees,
speech. He compared the position OF the
Indiana Senator To q Missouri Judge. who.
In q decision on n fugitive slave case before
the war. was said to have given the law to
the North and the negro to the Soutb.
After a brief debate the bill and amend.
ment went over without action.
A resolution was offered by Mr.. PETER.
and went over till tomorrow. calling on
the Secretary of the Treasury for O report
as to whether national banks in Boston,
New York and Philadelphia were being
conducted in violation of the law, whether
they were paying depositors' checks
promptly in awful money. and whether
they were demanding rates of interest
hiyter than those provided BY law for
loans of money or for the disconnting of
notes. After q short executive session tho
Senate adjourned.