The sun. [volume] (New York [N.Y.]) 1833-1916, 1893-09-05
THE SENATES BLUE MONDAY.
PEFFER UHLohDs MS sPEKoH ON
THE SILVER QUESTION.

fore Senator Stewart Begins His Loui
Tsik-sen.tor Cuiior, speshs for Repesl
aud Senator Batter Ohers Amend
meat RePesiinE the Tax On State Hanks
WASHINGTON. Sept. 4.-After the ordnar,
routine m orning business In the Senate and tn,
passage Of the two House joint resolutions To-
the observance Of tho Tooth anniversary o
laying the corner stone OF the Capitol. at
amendment tothe silver repeal act was Offered
by Mr.. Butler Dem. S. CT and referred to tn,
Finance Committee, repeating the 10 per cent
tax on State banks.
A bill was introduced by Mr.. Gallinger rep.
N. H. supplemental to the pension act OF June
"a. 1890. 1t provides, among other things
that except in cases OF established fraud nc
pension shall be suspended withheld unit
after notice Of ninety days to the pensloner
and after full and impartial Investigation
Mr.. Gallinger addressed the Senate in expla-
| nation and advocacy Of the bill. which was then
referred to the Committee on Pensions.
Mr.. Butler Dem. s. c. offered an amend
mont to the bill repeating the Sherman act.
and had It referred to the Finance Committee.
| 1t provides for the repeal OF the 10 per cent.
tax on State bank circulation, provided that
such circulation be secured BY coin or np-
proved State or municipal bonds.
! At 1880 Mr.. Allen Pop. Neh) offered tho
| following resolution:
Whereo It is due that Congress take cosnizanos OF
tho labor organizations and the industrial interests Of
the nation by observing this day-commcnly called
Labor Day; therefore,
Re.o'pod That. a mark of respect for the labor
ganzatons and industrial interests of tho nation tho
Senate do now adjourn
Mr.. Voorhees, tDem.. Ind.) opposed the reso-
luton and said: Il am in favor OF all the jubi-
lees and holidays for labor. l was born in the
ranks OF labor. and think that the best tribute
We can pay to labor is to go on with the BUSH
moss OF the Senate as rapidly as possible to it's
conclusion. know Of no other way In which
we can contribute to the interests OF labor In
the present situation of affairs.
The resolution was reJected-Yeas, 8; nays,
Al. The Senators voting for the resolution
were Messrs. Allen. Irby. PETER. Pettigrew.
Power. Shoup. Vance. and Vest
Mr.. Allen also offered a resolution (which
was referred to the Finance Committeel call
ing on the Secretary of tho Treasury for in
formation on the following points: Whether
the Treasury Department has at any time re-
deemed any portion OF the silver or coin GER
ti1cates in silver coin. as provided by the act
OF July IA. $780, II so. when. and what
amounts have been thus redeemed: what
amount In coinage value OF the silver bullion
o ana to bs e dis
mains uncoined. and why such silver bullion
has not been coined and paid out in accordance
any part Of the paper money redeemed in gold
by the Treasury, Department since March 4.
manner withheld from general circulation.
Mr.. Kyle Pop. s. d. offered q free silver
was reerred to the Finance c comm tee, anu
At 1;l6, i. III. Mr.; Cuom tKep.. ILL ad-
dressed the Senate in favor Of the bilI to re-
act. In the course Of Mr.. GulIom ae speech I ne
was asked by Nj. Mitchell lRep.., or.l whether.
further legislation on the subject, another
silver dollar could be coined;
and added that that was the case up to the
PASSAGE Of the Bland-Allison The repeal
Standard should be. whether gold or Silver
He assumed: however. that the party in power
n the senate and country would take such nc,
would be wise and proper.
Mr. Aldrich Rep.. r. ~ remarked that the
1890 did not repeal the provisions OF the act
which authorize the coinage OF the bullion on
;. Mr.. Cullom expressed his obligation to the
Senator from Rhode Island for the sugges-
50 the des yth
as It was before any effort was made to repeal
the act OF July. 1880. because it simply applied
e. S inc purchases OF silver bullion and stopped
Mr.. Coke Dem.. Tex.) declared that the peo-
1873 By which one-half OF the country's
money was stamped out in order to double the
Of hs s n
re called upon to perform the last act which
op N .,v from the statute book all reeogn
as it has been. will buy in the mar.
'ets Of the w9r ia as pnsh or more Of cotton
n onetized, thus showing conclusively that 1t |
$ not silver which has fallen in value but that
i legislation IT," said he this 6lli passes'
ne heir free men OF America will have bowed their
their foreign and lOmAatip |
ial Affairs. Rothschiid and i'S the I BaaE
4 England; with their connections, dictate the
tothschIId and the Bank Of England, With
'iters OF American finance and the dictators
I our financial policy. because they control
What he asked III the Sherman act were ns re-
,eaed and no no sTbstit1te for it provided would
!oubt. that with the unconditional repeal Of !
h h, Sherman r act tho price Of silver would
all was a mere matter Of CONJECTURE. The
Of, silver, for coinage 10th;
e the death fneIl Of Silver ' as m mGeH
he, !, people q the United States. no said were h
'as promised in the future but dependent on C
II international agreement. But there could u
o no international agreement to which Eng !
arty; and so we have no hope Of an. interna. 3
Aimed anywhere that one is possible We 4
lust depend on ourselves II we expect ever to Il
ave bin eta llism. Our people have demanded 4
le restoration of gold and silver coin. based G
\ q fair and exact equality at the mints and
tito now leaving the silver dollar as It Is and
ow overvalued at about 40 per cent. and a Is
attraction OF part Of that generalization. BY
'store the proper, equities between debtor
1d creditor. and would result in re- p
fair and Conservative level. while pro. q
lcing parity between the two metals. o.
tthe party is pledged to do. The Demo. 7
attic party holds the majority; and is able p
90. surely and well: that which i promised ttce
9 wishes and demands Of the PEOPLE not DO Il
carry out the promises o. the party? it g.
ems not. But il not warn Democrats that a.
e people will be heard from. We are told 20
at we must pass this bill. adjourn. and 20 70
'me. The House has succumb bed. and the -
nate Of the United states stands o-day as 70
. only barrier between the people and spoil II
Mr. Coke having referred to thu offorts or "