The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-10-28

lnula. his question was so involved ana
intricate that at last Mr. Jones broke in
upon 1t with the remark that he did not be-
Heve that single Senator understood the
question propounded. No one understood
whether Ii was speech or question or
an answer.
Mr.. VOORHEES, regretted that Mr.. Jones
suggested, for the sake of economy of
time, that the Senator'S from Nevada and
New Jersey would, between now and to-
morrow, come to an understanding on Mr..
McPherson's question. Qaughter)
Mr.. Jones-I think it will take all that
Mr.. Voorhees-In the meantime, as there
seems to be no Senator ready to go on now,
and not with a view of preventing any one
from speaking who desires to speak, ask
the Senate TO vote on the pending question.
Mr.. McPherson-I prefer that the Senator
IRON Nevada answer my question now.
If he can do 1t at all. Qaughter) / ask a
vote on the pending question.
The Vice PreSident-The question Is on the
amendment offered by the Senator from
Kansas QIr. Peffer)
Mr.. Allen called for the reading of the
amendment, and IL was read. 1t provides
for the coinage of silver bullion deposited
by any owners thereof, as under the act
OF Jan. is, 1887, and revives and re-enacts
that act, and repeals all acts in conflict
herewith
Mr. voorhees, inquired how much time the
Senator from Kansas desired, and added
that IL the various amendments were 70
lead to long debate he would ask to have
them G considered a under Rule h;s GiInitia;g de-
would resort to another method OF dispos-
inc of them.
Mr.. PETER suggested that this was not
very good time to resume the old tactics
that had been tried couple of weeks ago.
He only wanted to occupy a short time. He
did not propose to surrender; neither uld
his political friends.
Mr.. voorhees, said he had every disposi-
tion to yield, but there was so much mis-
understanding as TO what short time was
in this debate that he would like to be re-
occupy very much time. The amendment
he had previously offered had been uncer-
enormously disposed of; and now he dis
covered by the public papers that he had
surrendered and had recommended his po-
litical associates to surrender. 1--WE have
not surrendered, Mr.. President" he said,
We do not intend to interpose any factious
opposition. but we intend, at every stage Of
the bill, to interpose determined resistance
and determined opposition"
The vote was then taken on the PETER
amendment amid much excitement, and
was finally announced as yeas Is, nays 80,
Yeas-Messrs. Allen, Bate, Berry, Black
burn, Butler, Call. Coke Daniels Dubois
Jones of Nevada, Kyle, Martin, Pasco,
Peffer Power. Pugh, Roach, Shoup, Stew
art Teller, Vance, Vest, Walthall and VOL
Nays-Messrs. Aldrich, Caffery, Camden,
Carey, Cullom, Davis Dixon, Dolph, Faulk-
ner, Frye Gallinger. Gibson, German, Gray,
~
Mcmillan, Mcpherson, Manderson, Mitchell
OF Wisconsin, Morrill,. Murphy, Palmer,
s pr9e69F Quay T5a RansoW Toan
hees. Washburn, and White of Louisiana
The following pairs were announced:
Messrs. Pettigrew and Gordon. SQUIRE and
Mitchell of Oregon, Brice and Cameron.
MHls and Hanbrough, Chandler and White
OF California, Colquit and Wilson, Cockrell
and Allison, Hawley and Morgan, Hunton
and Platt.
: Voorhees, BILL SUBSTITUTED.
Mr.. Voorhees, then asked unanimous con-
sent to have the vote taken on his substi-
tute to the House bill, with the understand
ing that 1t would then be treated as the
original measure, open to amendment
After some discussion of his request it was
nce1ed, and the vote. was accordingly
taken on the substitute, and it was agreed
| to-yeas, 5S; nays, 9-the negative votes be-
ing given by Messrs. Allen, Bate Call, Coke,
Irby, Kyle, PETER. Roach and Vance
The substitute as agreed to strikes out
the House bill and inserts in lieu thereof
| the following:
That much OF the act approved July
| H. 1890, entitled an act directing the pur-
chase or silver bullion and issue Of treas
ury notes thereon, and for other purposes
| as directs the Secretary of the Treasury
10 purchase from time to time silver bull
| lion TO the aggregate amount of 45000 600
ounces, or so much thereof as may be Of
fered in each month at the market price
| thereof, not exceeding one dollar for three
| hundred and seSenty-one and Twenty-Five
one,hundredths grains Of pure silver, and
to issue in payment for such purchases
/ treasury notes OF the United States be- and
| the same is, hereby repealed.
And it is hereby declared to be the pol
| icy of the United States to continue the use
| Of both gold and silver as standard money
and to coin bon gold and silver into money
| OF equal :. intrinsic exchangeable value,
| such equality to be secured through inter-
| agreement n
| OF legislation as will insure the main
tenance of the parity In value of the coins
| or the two metals and the equal power of
| every dollar at all times in the markets
| and in the payment of debts.
And it is hereby further DECLARED that
| the efforts of the government should be
| steadily directed in the establishment OF
such a system of bimetallism will main
tain at all times the equal power of every
| dollar coined or issued by the United States
| debts"
Mr. Perkins addressed the Senate at some
| length in explanation and advocacy of his
| amendment. 1t provides for the coinage of
| American silver at the existing ratio with.
SeigTiorage charge of 20 per cent No
| gold pieces of less dem domination than $40
are to be coined, and no legal tender,
| tional currency treasury notes of less
denomination than S5 are to be issued
| The holder of any standard silver dollars
may deposit the same with the Treasurer
| or any Assistant Treasurer of the United
| States in any sum and receive therefor
| notes of denominations less than $40 only
| which notes shall have the same legal
tender quality as the coin for which they
| are exchanged. There is to be appointed
| a commission of five monetary experts the
| members thereof not to be otherwise con-
| nected with the government, whose duty it
| shall be TO keep Congress and the execu-
| tive advised of all necessary matters re-
| lating to the currency.
| Mr.. Stewart commented sarcaStically, on
| the change which had taken place in the
| votes of Senators since last spring, when
| the bill to repeal the Sherman act was
| voted down. Among the Senators who had
] voted against it then and who now sup
4, ported unconditional repeal he mentioned
| the names of Messrs. Voorhees, Gordon,
| Ransom. Hill Mills, Turpie and Squire
| Mr. Allen expressed his regret to wit
| ness the backdown the part of the Sem
| ators who favored the free coinage of sill
| yer. He was willing to stay here not only
| TIL next summer, but all through the COM
! ing year, rather than that the Sherman
| act should be repealed.
TELLER'S WARNING.
down nor detected, but he did not disguise
| the fact that the people of his State were
about to go through the valley OF the
shadow of death" He knew what it was
to turn over twenty thousand silver miners
| out of work in the fall. The iron would
! enter into their souls. Mr.. Teller spoke
| with great bitterness on the desertion of
the silver cause by some Senators. "Mr.
| President" he said this is probably the
| most terrible moment OF my legislative life.
| To me it brings more fear than at any
other moment since entered public life. 1