The times. [volume] (Richmond, Va.) 1890-1903, 1893-02-19

ne believed that that was now tunder
'he act OF 1890 commonly called the Sher-
man act, the law Of the land In that
act was a declaration Of public policy
that all forms OF money In the country
shall be maintained at a parity. He be-
heved that his colleagues amendment
was substantially that declaration, and
he would vote for IL with great pleasure.
Mr. Teller: "Do you Include silver GER
tiflcates?"
Mr. Sherman: "Silver certificates. gold
certificates. Treasury notes and all the
PAPER money issued by the Government"
Mr.. Teller: "Then IL is proposed now
that. in addition TO the three hundred
and forty-six million Of greenbacks that
are payable I'm gold. and in addition 10
the one hundred millions Of Treasury
notes. the three hundred and twenty
seven millions Of silver certificates are
TO be included. IL seems to me that that
legislation will eventuate In placing
very great burden on the Treasury De-
partment. These silver certificates are
now circulating as money and are not
redeemable (by law or in practice) in
gold and don't see any necessity for
redeeming them in gold.'
Nance's and Brice's amendments could
only, It seemed to him. be made In the
interest OF embarrassing the Treasury;
because. II it were found difficult 10 main
tain sufficient gold in the Treasury 20
redeem the three hundred and forty-six
millions Of greenbacks. that difficulty
would be much increased by requiring also
the redemption Of four or five hundred
millions OF silver certificates. The ques-
tion became then one too appalling TO
contemplate.
The debate was interrupted at AIS p.
n
when the doors were reopened the debate
was resumed. Brices amendment was
withdrawn.
The discussion finally closed, and the
vote was taken on the Sherman amend
ment. II was agreed to--ayes. 30; noes.
l6. 1t is in these terms:
To enable the Secretary OF the Treasury
10 provide for and maintain the redemp-
tion of United States notes according 10
the provisions of the act approved Janu-
aFy IA. 1875, entitled, IAN act to provide
for the resumption Of specie payments"
$50 900: and. at the discretion of the Sec
retary, he is authorized 10 issue, sell ond
dispose Of at not less than par in coin
either OF the description Of bonds author
lied in said act, or bonds of the United
states, bearing not 10 exceed per CEN
tum interest, payable semi-annually, and
redeemable at the pleasure of the United
suites dlteT I'VE years from tDelT GATE,
with like qualities privileges and exemp-
lions provided in said act for the bonds
herein authorized, 10 the extent necessary
10 carry said resumption act into full ef-
feet. ana 10 use the proceeds thereof for
the purposes provided in said act and
none other
The following is the vote in detail:
Yeas.-Messrs. Aldrich, Allison, Brlce,
Cutlery, Chandler Cullom, Davis Dixon.
FELTON,, Frye, German, Gray, Hale, Hans
brough. Harris, Hawley, Higgins, Hiscock,
Hoar, McMillin. MCPHERSON, Morrss. Per-
klns, Sawyer, sherman, Stockbridge,
Villas. Voorhees,, Washburn and White
30.
Nays.-Messrs. Rate, Call. Cockreii,
Coke. George. Gordon. Jones (Nevada),
Kyle, Mitchell. Pefer Power, Pugh. Stew
art. Shoup, Teller and Vest-16
NO further action was taken on the
Sundry Civil Appropriation bill. but Mr..
Allison gave notice that ne would ask the
consent OF the Senate o remain in session
on Monday until the bill vas passed.
The Senate at p. NJ. adjourned.
House of Representatives.
The House resumed the consideration
OF the Postofiice Appropriation bill.
On point Of order the proviso making
II lawful for the Postmaster General.
"AN~A vac VVth VI CNptttliDtI, loJf 10 nave
the usual requests for the return Of let
tors printed upon any envelope sold BY
the Postofflce Department was ruled out.
Mr.. Kyle Dem, Miss.) raised a point
of order against the paragraph appropri-
ating SlS7, 900 for necessary and special
facilities on the trunk lines from Spring
field, Mass. via New York and Washing
ton to Atlanta and New Orleans. After
long discussion the Chair CMr Blanch-
ard overruled the point of order. Mr.
Kyle then moved TO strike out the rarn-
graph. He contended that there was no
justification for appropriating this large
sum when 1T would do no good, but actu-
ally do harm to the public service. With
out disposing of the motion the COM
n.'ttee rose.
Public business was then suspended
and proper tribute paid TO the memory
of the late John G.. Warwick (O).
After eulogistic addresses by Ohlger,
j. d. Taylor, Rockwell. Catchings Lay
ton, Hare, Caruth. Caldwell. Bently.
Houk (O.), Pearson. DUNCAN and Dono-
van, the House, as mark of respect
TO the memory of the deceased, at $40
o'clock adjourned,