The Roanoke times. [volume] (Roanoke, Va.) 1890-1895, 1893-08-19
WORK OF SENATE and HOUSE,
Senate Finance Committees
Bill Reported by Voorhees,.
IL Fafors the Repeal of the Purchasing
CLAUSE and Provides for a Continuance
of Both Gold and Silver at an Ex-
chsngeable Value to be Fixed by Inter-
national Agreement-Maiden Speeches
In the House Take Up the Time.

WASHINGTON, Aug. IS. The new
mem bers Of the House continue to
come to the front The star speech of
the day was delivered by Sibley, Of
Pennsylvania, the only member OF
the keystone State. who is opposed to
placing the United States upon sim
gle gold standard and who is firm
advocate of blmetallism.
The silver debate was resumed imme-
diately after the reading OF the journal
and the floor was accorded to Sibley,
(Dem., Pa He spoke in support of the
proposition suggested by Johnson, of
Ohio, providing that the holders of
United States bonds might deposit
those securities with the Government,
receiving therefor Treasury notes. The
bimetallists, he said, were anxious, as
were the gentlemen on the other side,
to put speedy end to the present de-
attained here and now by enactinp
in the law the Johnson proposition.
There were various causes for the pres
emit panic; one of these causes was that
the gentleman from Ohio (Harter), the
ex- Congressman from Massachusetts.
George Fred Williams, and others had
howled in speeches and through the
magazines necessarily for a single stan
dard and predicted disaster. Another
cause OF the panic was the reform club
OF New York. He thought the Speaker
knew something about the re-
form club. Laughter That club
had attempted to fix up the
tariff before the meeting OF Congress-.
(Laughter) The members of that club
made the esponslbilities of represent ia
tives few and their labors light.
(Laughter) Another thing was respon
slble and that New York bankers. The
decentralization act of 1873 was a trait
orous act, and along with the names of
Judas Iscariot and Benedict Arnold
would be placed the names of those
who were guilty Of the crime OF 1879.
(Applause.) Now Congress was asked
to say that the Democrats of the past
who had drawn up the platforms of the
party mad been unwise and unpatriotic.
Sibley spoke for more than two hours
and not for one moment did he lack the
attention of his colleagues. The debate
was then suspended for the time being,
in order to allow Catchings to report
from the committee on rules resolution
authorizing the speaker to appoint va
rious committees of the House.
No additional committees are pro-
vided for, but an increase in member.
ship is made in some of the more i'm
portant committees. Tho resolution
was adopted and the silver debate was
resumed, Haines (Dem., Ky.) taking
the floor. He was amazed at the
attacks made upon Wall street
Wall street was the savings bank Of the
nation; it was to Wall street that vari-
GUS sections of the country sent their
loanaole surplus, and from there that
surplus was distributed throughout the
country where capital was needed for
the development OF every industry.
1t was curious that if Wall street was
responsible for the present panic, that
the panic should begin in the West.
English dem. N. J.,) took the same
ground. He had the greatest respect
for the opinion OF the President of the
United States; he had read the message
between the lines, and he was satisfied
that the Presidedt was actually a bi.
metallist.
Everett (Dem., Mass.) made his
maiden speech in favor OF the repeal
Of the Sherman law and he was fol.
lowed by Simpson pop, kan.) on free
coinage.
Before Simpson had concluded his
Il recess till o'clock.
About twenty five members were
present when the House met at
o'clock, and Simpson was allowed to
conclude his speech
Morgan (Dem. Mo- advocated the
free coinage OF silver.
To.bert (Dem., S. c } spoke for the
free coinage of silver. At the conclusion
of Mr. Tolbert's remarks the House at
1918 p. m. adjourned till to morrow.
IN TIE SENATE.
The Senate was presided over to day.
in the absence of the Vice. President,
by Harris, president of the Senate
protein. A long communication from
the Secretary of the Treasury was pre-
sented and read on the subject Of gold
and silver payments. 1t is therein
stated that, on several occasions
recently. gold coin has been presented
at the Treasury in exchange for oliver
dollars. and that exchange has not been
made because silver dollars were re-.
Quired to be held in the Treasury 10
coin outstanding silver certificates and
Treasury notes. and that at present the
DEF artmentwould not and could not ex.
change silver dollars for gold If re.
quested to do so.
motion to adjourn till Monday was
made by Faulkner and was resisted by
Hoar and Frye. The former suggested
the proprietv OF proceeding with the de.
bate in the Montana case and the latter
urging the national bank circulation
bill. Voorhees,, chairman OF the finance
committee, concurred in the necessity
OF action on the national bank bill The
motion TO adjourn over was withdrawn.
Voorhees, reported from the com
mittee on finance a bill to discontinue