The Bessemer indicator., 1893-08-26
.upportea the bIl. me hIn to lncre..e

who supported the bill The bill to increase
national bank circulation wxs then taken up.
Mr.. Stewart was the first senator to take the
noor, and he set out to antAgonize some of
the positions taken in Mr.. Voorhes1' speech.
lie compared the positon of the Indiana sen
ator to that OF Missouri judge, who, In q
decision Ia a fugitive slave case before the
war, was said to have given the law to the
North and the negro to the SOUTH After
brief debate the bill and amendment went
over without action.
resolution was offered by Mr.. PETER and
went over until tomorrow, calling the
secretary OF the treasury for report As to
whether national banks In Boston, New York
and Philadelphia were being conducted In
violation OF law; whether they were paying
depositors checks promptly in lawful money,
and whether they were demanding rates of
interest higher than those provided by law
for loans OF money, or for the dlsccunting of
notes
iousE.-Ou motion OF Mr.. Loud of Cali
fcrnta- Senate bill was passed, admitting
free of duty all articles Intended for exhibit
tion at the California Mldwlntcr International
Exposition. Mr.. McKac asked the unanimous
consent for the passage of II joint resolution
extending TO the Cherokee outlet the proyl-
sious OF the act providing for towusite en-
tries of land In Oklahoma. There was no Oh
lection and the joint resolution was passed.
The silver debate was then resumed and
Mr. Buckncr Of Wisconsin addressed the
House In favor OF the repeal OF the purchas
ing clause. lie was followed by Mt Mallory
OF Florida in opposition 10 unconditional re-
peal. unconditional repeal was supported in
speeches by Hopkins OF Illinois, Bynum, haig
and DeForest The free coinage of silver
was urged by Lane Of Illinois, Newlands of
Nevada Hepburn Jones, Ellis, Cooper, Ar
mold aud Williams. The evening session
lasted until II 40
Wednesday, August 23rd.
by Mr.. PciIer iuqulrlng Of the secretary OF the
treasury as to the conduct nf national banks
In refusing 10 pay promptly in currency, the
checks of their depositors, was taken up; and
motion TO refer 1t to the committee on
finance was made by MIR. Hoar. who said that
in time Of popular distress and panic the
comptroller OF currency should not be COM
PEELED to drive the national banks up 10 the
strict letter Of the law. lie thought II we'll
10 walt week or ten days before ''poking
into that question too much lively dis
cusslnn OF the question cnsued. Mr.. Hill OF
New York opposed It's reference to a commit
tee and insisted upon lts adoption by the SEN
ate. Mr.. Nolcott opposed the reference OF
the resolution because he thought the finance
committee would report that it was of the ut
most Importance 10 have the information, but
THAT, owing to the condition of affairs and the
necessity OF Inspiring confidence the Senate
should not have IT,
Mes>rs, Gnrmau, Washburn aud Others ex-
pressed the oplaiou that the banks should not
be compelled to obey the law a. It would
cause a tremendous crash throughout the
country. Mr., Hlll undertook to draft some
notifications, but before he completed them
the morning hour expired aud Tie resolution
went over with out action
Nr. Stewart gave notice. "a he was dlsap-
pointed in getting the Hoor to-day to address
the Senate on the bill disseminating the pur-
chasing OF silver bullion, he would seek to
make his address tomorrow. and Mr.. Hill
gave similar notice for Friday next.
Mr. Hoar made an argument against Mr..
Buffers amendment To the national bank cir
culation act. He said he was opposed to re-
storing to state banks the power OF issuing,
circulating and furnishing currency.
AT the close OF Mr.. Hoar's remarks the ma
tional bank circulation bill was laid aside
without action and the report Of the commit
tee on privileges and election 10 favor of seat
ing Mr. Mantle q. senator from Wyoming was
taken up. The debate closed by Mr. Hoar in
favor of the majority report Then. at 5:l5,
the vote was taken on the substitute offered
by Mr.. Vance declaring Mr.. Mantle not en-
titled 10 seat The vote was, yeas rs. nays
30.
The followlng is thl vote in detail Yeas
Messrs. Berry, Blackburn, Gallery, Coke,
Cullom, Dixon, Faulkner, Gnlllngcr, George,
Gibson. GRAY. Harris. Kyle, Lindsay, McMil-
Ian. Mcpherson, Manler-on, Mills, Mitchell
(OrcEonl. Mitchell wisconsin,, Murphy
Palmer, Pasco, PETER, Platt, Proctor, Ram
som, Smith, Stockbridsc, Vance, Vest, Villas,
Washburn, White California;, White
Louisiana So.
Nay,-Messr, Bate. Butler. Cameron,
Carey, Daniel, Davis. Du Bois Frye, Hans
Orough, Hawicy, Higgins, Hale, Hoar, Hun
ter. Irby, Jones fArknnsn-j, Joncs tNevadn),
Lodge, Martin, Perkins, Power. rugh, Roach,
Shoup, Squire Stewart, Teller, Turple,
Walthnli, Wolcort-;D
Mr.. Mander.on, who had changed his vote
from nay TO yea In order to make a motion to
reconsider, made that motion. a motion to
lay the motion 10 reconsider On the table was
made by Str. Vunce, but without action on it
the Senate adjourned until tomorrow, leav-
Ing the Mantle case stlll open.
HousE.-The advocates Of unconditional
repeal occupied the attention Of the House
during the larger part OF the dag. They
were; Messrs. stone. Covert Fitch, Dalzell
Cummings, Walkcr, Dunn and Han. The
free coinage advocates who spoke were
Messrs. Hatch, Corcen. Cannon, Bell. Hunter,
lkert, Dcarmond, Harris and Bell Of Colorado.
Mr.. Bel gave statistics and facts that proved
conclusiyely The necl Of more money and the
foolishncss of the statement that the Sherman
law was responsible for the present panic.