Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1893-10-03

tho attontion Of the Vice President by
Mr.. Wolcott and there was thereupon
call OF the Senate To which. atter soiie
little delay. the requisite number OF sena-
tors 0orty-three) responded. Morning pu-
siness was then proceeded with. The res
olutlon offered by Mr.. Teller SATURDAY
calling for Information as TO the purchase
Of silver bullion in September. lss5' was
laid before the Senate and agreed 10. The
silver purchase repeal bill then came up
and Mr.. KYLE took the floor against 1t:
Mr. KYLE read his argument BY actual
count there were three Democrats ana
eight Republicans in their seats part OF
the time and the galleries were almost
empty At last the deserted CONDITION Oh
the Senate chamber appealed TO the sym
pathIes OF Mr. Kyle's colleague. Mr.. ret
tigrew, and the result was that through
the instrumontality OF a call the tempo
rary presence Of forty-six senator's was
secured. and he proceeded.
MrKyle took the ground that the Sher
man law was not In any way respohS'pie
for the business troubles OF the couhls,
and that consequently its repeal couId
have no such effect as the friends OF r.
peal claimed that II would have. He ap-
peaIed 10 the senators from the South ana
from the West 10 stand for the protection
OF their own States because their pros
pcrity was linked with that Of the sh-
yer and the other Western states. Let
them. ne said. make that defense In
manly and courageous manner-not IN the
spirit Of scctiOnalism or oi hostility 10
Eastern interests. but I'm the spirit ot
"Equal rights 10 all and special PRIV
lcges 20 none"
Mr.. Mcmillan CMichigan) made an argu-
mcnt I'm favor Of the repeal biH. lie s''"
that the argument that the Initcd states
should continue the purchase Of silver ior
the sake Of the mining industries couid
not stand. silver had declined in value
for the same reason that iron had The r.
suit Of the closing Of the silver mines had
been To- start work in the gold mines
Whatever might be the evils OF a scarcity
of money. the evils Of an Over-abundance
Of money were still greater.
BANKING REFORMS
There were many reforms which might
be suggested I'm order to make banking
more scrviccable 10 th" people, but by lar
the greatest part Of the journey towards
sound monetary system would have b''h
taken when Congress should do these
three things:
I. Provide for currency every part OF
which should always be maintained at par
with the worlds money.
g Provide for adequate banking reserves
distributed throughout the country IN ac-
cordlncr with local business necessities
and
g. Provide q ready means OF converting
securities into cash and cash into secui,'
ties. according 10 the need for a moro tN-
banded or more contracted currency.
Mr.. Teller then took the floor 20 con-
tiuue his speech begun las, week. but ne
yielded the noor To Mr.. Dolph who oN-
pressed his belief that the cause OF the
business disturbanc. Of the country was
th. fear ~ hostile tariff legislation.
After talking for some time Mr.. Dolph
cot irtn a ,r.r,Iv controversy with Aicssrs.
Teller and Stewart on the question "l
free coinage. I'm the cpurs" OF which ne
asserted that the advocates OF Tree coinage
dM not want a silver dollar that was
worth a dollar in gold. They wanted
50-ccnt dollar-a cheap dollar the cheaper
fhe better In further argument Mr.
Dolph declared that If tho Republican
partv al Minneapolis had adopted In It's
platform "A frcc-colnagc plank. the party
would have been dead and buried beyond
the. hope Of resurrection. whnrcupon Mr..
Teller cluutcrcd with the inquiry whether
the party could be- any worse OF than lt
now was.
At the close of Mr.. Dolphs remarks
the repeal hin went over until tomorrow.
The House bin extending the time for
concluding the work Of the eleventh cen
sus from December 81. 1893, to June 3D.
Is9i and authorizing the commissioner oi
Labor to perform the duties Of Superin-
tendcut Of the Census was taken up and
passed
The Senate. at $50. proceeded to eXecu-
tive business. and at $40 adjourned until
tomorrow at II A. NJ