The Roanoke times. [volume] (Roanoke, Va.) 1890-1895, 1893-10-03
IN THE SENATE AND HOUSE.
Mcmillan Makes Strong Argu-
ment in Favor of Repeal,
But Proposed for the Establishment of a
Sound Monetary System Three obi
cations Upon Congress-Teller Yields
to Dolph-Dinsmore, benson, Cooper
and Clarke Debate Upon the Federal
Election Laws in the House-Ouorums
Hard Things to Maintain.

WARRINGTON, Oct. 2.-The very evil
dent absence of a quorum of Senators
this morning was called to the atten-
ton OF the Vice-President by Wolcott,
and there was call Of the Senate to
which, after some little delay, the
requisite number OF Senators, 43, re-
sponded. The morning business was
then proceeded with.
The resolution offered by Teller last
Saturday calling for information as to
the purchase of silver bullion in Sep
TENDER, 1898, was laid before the Senate
and agreed to- The silver purchase re.
peal bill came up and Kyle took the
floor against it. Kyle read his argu-
ment By actual count there were three
Democratic Senators and eight Republi-
can Senators in their seats, part of
these in galleries were almost empty.
At last the deserted condition Of tho
Senate chamber appealed to the sym.
pathy OF Klye's colleague, (Pettigrew,)
and the resolution was that through the
fundamentally Of call the temporary
presence OF forty-six Senators was SO.
cured and his speech was proceeded
with.
Kyle took the ground that the Sher-
man law was not responsible for the
business troubles of the country, and
that, consequential it's repeal could have
no such effect as the friends of repeal
claimed that it would have. He ap.
pealed to Senators from the East and
from the West to stand for the protec
ton of their own States, because their
prosperity was linked with silver and
the other States. Let them, he said,
make that defense in manly and
courageous manner-not in the spirit of
sectionalism or of hostility to Eastern
interests, but in the spirit of Equal
rights to all and special privileges to
none"
He commended that as between gold
and silver, silver was the more stable
measure of commodities; that it was folly
to fritter away time with an inuerna.
tional monetary conferences; that the
hope OF the United States was looking
forward toward Pan. American alli-
ance, and that the present contest was
one OF people burdened with debates
fast sinking to the European against
the aggressions of moneyed corpora
tions.
Mcmillan (Rep. Mich.) made an argu-
ment in favor of the repeal bill. He
said that the argument that the United
States should continue the purchase of
silver for the sake of the silver mining
and kindred industries could not stand.
Silver had declined in value for the
same reason that iron had. The result
OF closing the silver mines had been to
start work in che gold mines. What
ever might be the evils of a
scarcity of money, the evils of an over
abundance of money were still greater
There were many reforms which might
be suggested in order to make banking
more serviceable to the people. But by
far the greatest part of the journey to-
ward sound monetary system would
have been taken when Congress had
done these three things
l. Provide for a currency, every part
OF which should always be maintained
at par with the worlds money
2. Provide for adequate banking re-
serves distributed throughout the coun-
try in accordance with local business
necessities, and
3. Provide ready means for convert
ing securities into cash and cash into
securities according to the need for a
more expanded or more contracted
currency.
Ii these things were accomplished
the quantity OF money might we'll be
left to natural business causes.
Teller then took the floor to continue
his speech began last week, but he
yielded the floor to Dolph, who ex-
pressed his belief that the cause for the
present business disturbance in the
country was the fear of hostile tariff
legislation. After talking for some
time, Dolph got into a wordy contro-
versy with Teller and Stewart on the
question of free coinage, in the course
OF which he asserted that advocates of
free coinage did not want silver dollar
that was worth dollar in gold, they
wanted 56.cent dollar, a cheap dollar
tho cheaper the better.
In further argument Dolph declared
that If the Republican party at Min
neapolis adopted in it's platform free
coinage plant, the party would have
yond the hope of resurrection, and
Teller countered with the inquiry
whether the party could be any worse
of than 1t now is. At the close of
Dolph's remarks the repeal bill went
over until ton orrow.
The House bill, extending the time
for concluding the work OF llsth census
from December 81, 1898, TO June 80,
1894, and authorizing the commissioners
Of the labor to perform the duty of
superintendent of census, was taken up
and passed. The Senate at $40 pro
ceeded to executive business, and at $40
adjourned until IL a. N tomorrow.
IN THE HOUSE.
The attendance in the House this
morning was small and the Speaker d.
rected the clerk to call committees for
reports, but none were submitted. The
debate On the Federal election bill was
resumed, and the House WAS addressed