Mineral Point tribune. (Mineral Point, Wis.) 1869-1938, 1893-09-02

III lut uouNt lut SllhtI Aue>Uoll WIS
discussed by a dozen members, but
nothing notable was said
Washington, Aug "A In the senate
Mr. PETER was the first speaker Oh the
financial question today.
The Lee-Mande election case went
over.
In the house the five minutes debate
on the Wilson bill began this morning
with a speech by Mr.. Waugh, for repeal
rs in the interest of bi-metalism Mr.
Somers favored bi-metalism but would
vote for unconditional repeal Mr.
johnson spoke for silver. Mr.. Picker
criticized President Cleveland as being
under English influence. Lucas and
Hartman spoke for free coinage and
Barthold declared for repeal Houk
favored unconditional repeal and Heard
spoke against the Wilson bill. Others
continued the debate.
Washingtn, August %, Among the
bills introduced in the senate was one
by Mr., Pasco Of Florida as a substitute
for the minority bill Of the finance
committee proposing silver coinage at
20 to H. The substitute proposes a
commission of three citizens of the
| United States TO ascertain and report
before January, 1894, the intrinsic
relative value of gold and silver, and
that on such report the secretary Of
/ the treasury shall fix and determine
\ the ratio.
! A resolution offered yesterday by Mr.
PETER popD Of Kansas as to the viola
/ ton of law by national banks in de
! cling to pay depositors checks in cur
Irency was taken up and a motion TO
refer it to the committee on finance
/ made by Mr. Hoar) gave rise to a long
and somewhat excited discussion in
which Senators Voorhees, (dem) Of In
diana, German (dem.l Of Maryland and
/ Mcpherson (deml of New jersey fav-
/ ored the reference. Senators Mander-
son (rcp) Of Nebraska, Kyle pop) of
/ South Dakota and Hill tdcm) of New
! York opposed ii, and insisted ON the
adoption Of the resolution. Mr. Cor
man pointed out that the adoption Of
/ the resolution would be a notice to the
comptroller of the currency, who would
/ Immediately proceed 10 execute the law
and thereby necessitate the closing Of
/ the banks and cause the utter ruin Of
/ the country. He thought it well TO
wait a week or ten days before "pok
i Ing into that question too much He
/ had once heard General Grant say that
\ the worst subordinate whom mill
/ tary officer could have was the one who
always obeyed orders.
/ Mr.. Voorhees, dem of Indiana, chair
man of the finance committee, favored
I the reference of the resolution, and
promised that it would not be buried in
/ the committee.
! Mr. Kyle (pop) Of South Dakota ar
gued against the reference, which he
/ said would only mean the buying of
/ the resolution In the course Of his re-
resolution. In the course o. his re
marks he spoke of the secretary Of the
treasury sending information "gratuit-
ously" to senators-referring to Mr.
/ Carllsle's letter rs to the cost Of a
change Of a silver coinage.
This insinuation was taken up by Mr.
White (deml of Louisiana, who asked
Mr. Kyle whether he knew that the
secretary had not been addressed in
writing on the subject.
/ Mr.. Kyle had no knowledge on the
subject.
Mr.. Vest. however, quoted from the
letter TO show that IT was written after
Ia conversation with Mr.. Voorhees, The
senator explained that rs chairman Of
the finance committee he had called
upon the Secretary of the treasury to
ask him as to the feasibility Of silver
coinage at the ratio of 20 to l, and
after converSaticg he had requested
him to put his objections in writing
Mr.. Hin favored the immediate pas
sage of the resolution, and said that
this was not a question Of patriotism
but of business, and IL the banks We're
violating the laws are people had
RIGHT to know IT, He said he was as
Jealous in seeking the legislation neces-
seary to avert calamity as the senator
from Maryland. but he did not see
what harm could come from the pas
sage OF a resolution asking for informa-
ton to which they We're entitled in
order that the- might legislate intel
ligently
AR Mcpherson was proceeding IL
oppose the resolution, the yeas and
navs having been demanded upon its
passage. when the hour Of , o'clock
arrived and Mr. Hoar called up the
national bank bill.
silver debate was opened NJ once by
C. W. stone (repl u PENNSYLVANIA.
who spoke fer repeal. and abdjwed
members TO disregard partisan feeling
In dealing with the subject.
Mr. DalzeH repl Of Pennsylvania
contended for che repeal OF the pur
chase act, and aScribed the difficulties
If tae present situation to democratic
hostility to the tariff.
Mr. Covert dem IT New York
pleaded for unconditional repeal and,
comparing silver to faithful servant