Rock Island daily Argus. (Rock Island, Ill.) 1886-1893, 1893-03-02
LOCK ISLAND, THURSDAY. MARCH 2, 1893
SENATOR'S RECEDE.
Sherman's Bond Idea Dropped
at the Houses Demand.
HOW ANTI-OPTION WAS LAID AWAY

to Suspend the Rules-Vice President
Morton Offers a Graceful Courtesy to
His Successor-Reception to Mr. and
Mrs. Stevenson - Hanchett's Appoint
ment Probably a Dead Issue-No Sunday
Concert in the Pension Building
WASHINGTON, Mar. 2.-Congress did two
important things yesterday-killed the an
ti-option bill and the Sherman bond
| amendment to the sundry civil bill The
house did both really, although the senate
was ready to help to destroy its own work.
| 1t was while discussing the postoffice
| appropriation that Allison asked that the
| conference report on the sundry civil bill
be taken up, Hiscock objecting for the
| reason that he wanted it taken up on
| motion, which would have displaced the
| Hudson bridge bill. The chair, however,
| decided that no motion was needed as the
reportwas privileged. Having been taken up,
1 Allison asked consent to consider it, and
4 this gave Hiscock another chance. He OBJ
! jected; Allison had to move to consider the
report the motion carried and the Hudson
tbridge bill lost its place.
i~r sherman Presents the Facts.
To test the sense of this Senator Allison
said he would move to recede from the
| Sherman bond amendment, that being the
principal difficulty in the conference. Sher-
man then said it would be well for the
record to show the facts. No vote on this
amendment had been taken in the house
for one thing. For the reason he offered
| this amendment he sent to the clerk the
resumption act which authorized the
treasury to sell bonds to keep up the gold
reserve, This act provides for three kinds
OF bonds per cents, running thirty
years; ~ per cents, running fifteen
years, and per cents, running ten years
and these and these only could be issued in
the discretion of the secretary to keep up
the gold reserve. This was the law
| Thought 5 Per Cent. Enough.
Now, the only thing the amendment did,
said Sherman, was to add new kind of
bond-one bearing only 8 per cent. interest
and payable at the pleasure of the United
States after five years. If the government
could sell per cent. honds there was no
use selling 4, Az or per cents. That was
what the amendment meant. The incom-
ing secretary of the treasury had asked for
the power this amendment gave him.
There was absolutely nothing in the bill
except the power to the secretary to save
n1eney on Interest in case he should be re-
qtnired to seIl bontis
there was some more speaking but
finasS 4 on the ground that the house
demaIfied it. the amendment was receded
from.
ForesIiadHssed at Committee Meeting.
This action was foreshodowed at the
meeting of the senate finance committee in
the morning. AT this meeting there was
not that Unauimity of sentiment that
moved the committee when with one mega
nve vote it decided to report favorably the
Sherman bond amendment, after Carlisle
had appeared before it and urged that such
a report be made. 1t was apparent that
certain Democratic members had been
made cognizant of the fact that the incom-
ing administration believed it could get
along without the bond amendment and
that it was unwilling to jeopardize the ap-
preparation bills by insisting upon the bond
proposition.
| Carlisle Could Have His Will
This view of the case was corroborated
after the meeting of the committee by one
Df the leading Democratic members, who
said that a number of Democrats had vot-
ed for the amendment only for the reason
hat they had been informed that Carlisle,
who We to be the successor of Secretary
Foster, wanted it enacted. If Carlisle now
1 thought that such policy was uuneces-
sary these same Democrats and many 9th
others-to say nothing of Republicans
would vote to recede fro IL the senate
amendment when it came back to them
IN conference.
Sherman Stands Up for His Plan.
FThe senator said, however that he knew
nbthing concerning Carlisles change of
policy save the reports in the papers, but
that II they were correct Carlisle's wishes
wenld be obeyed. The discussion in the
quantities was quite spirited and it is said
that both Sherman and Morrill, deprecated
10 vigorous Terms any action of the senate
that cod3d, be considered as receding from
the position It had assumed upon the mat
ter of issuing bonds
DEATH OF THE 5ANUzeRTLoN BILL.
Hatch Cannot Muster f,,xi kecessary Two
r. Thirds Sote/i
During this. week any biit that can
first get a two-thrds vote ih,spv6r of1con-
sfdefation can-if the filibus srs &rs not
> too wellNled-reach a vote direqhvbn <nas.
3 sage. On this rule Hatch bssed hopes
that he could pass the anti-option biiI and
: as the result of its application his hopes
were wrecked. He took an early opper-
tunity yesterday to move suspension OF
the rules for the consideration of the bill
A vote on the motion was ordered and
half an hours debate allowed. Hender
son of Iowa said the farmers were intelli
: gent, knew what they wanted, wanted
anti-oRtion and ought to have it.
A How in the Eye of State Rights.
Taylor of Illinois agreed with the gentle
J man. that the farmer was an intelligent
man and If he were intelligent he did not
need this legislation to protect him. There
was not 10 per cent of the farmers in favor
of this bill. Cummings of New York char
acterized the bill as one that swept ovel
all state lines and proposed to give the
government of the United States the power
to interfere with individual contracts IL
the states. Hatch briefly closed the de
bate, declaring that if the bill was defeated
it would come up again and finally win
The vote was then taken and resulted
! J.