The record-union., 1893-09-02
Special to the RrooaD-UNIoN.

Special TO the RECoRD-UNIoN.
WASHINGTON. Sept. 1.-The Senate
took up the House bill to repeal the sill
yer purchase clauses of the Sherman Act
with the Voorhees, bill as substitute.
Vance of North Carolina, one of the
minority members of the Finance Com
mittee spoke in opposition to the bill and
in favor of free coinage. A large part of
the speech was devoted to showing the
inconsistencies of the friends Of repeal of
both parties, in view of the bimetallic
declarations OF both national platforms.
lie quoted from these commenting in an
ironical strain on the way in which
pledges are being fulfilled. He said they
seemed to think the only way to main
tain a parity between gold and silver was
TO strike silver the death blow. Uncon-
dtional repeal would be a death blow,
for it was well known that Cleveland
would veto any silver coinage. The et-
feet on the condition of mankind follow
ing the destr uction of half the currency of
the world, aggregating 1900, ,0O0, 900. it
would be impOSSl BILE TO accurately de-
scribe. He gave the history of the de-
lnOnetizatiOn of silver and declared that
every Government which demonetiZed
the white metal did so when it was at
premium.
When coinage was stopped in India the
effort TO have it stopped in the United
States began, aided by the influence of
the moneyed powers of all the world,
including our Government. If coinage
We're stopped here silver would cease to
live throughout the commercial nations
of the earth. The fall in price would be
rban that fOllnxUincy ha
OF coinage in India. Repeal without sub
stitute meant the end Of silver money for
this generation, unless a revolution of
the people should restore it, as after the
fraudulent demonstration of 1873. Let no
man doubt that the proposed repeal was
the result OF a conspiracy among the
money holders of the world. He de-
clared the Sherman law did not drive out
gold, else why did gold return with it
still in force? The Democratic platform,
he said, denounced the sherman Act as
'cowardly makeshift," yet this bill for
its repeal, striking silver harder blow,
was more cowardly and more of a make
shift. lie closed with the declaration for
the free coinage of silver.
During Nance'S remarks Cockrell of
Missouri intepected a statement of the
production and coinage of gold and sill
yer from 1873 to 1892, which showed
production OF gold amounting to S22lO,-
FNAs-Nps W ilAlC blIO COAudSt dIuOuHLeG 10
-, ,7ST, ia, ,679. Of the silver production
there was s., 400. 200, 1888 and the coinage
81, 81, G03.35l.
Al the conclusion of Vance's speech
voorhees, sprung surprise by asking
for vote on the substitute reported by
the Finance Committee to the House re-
peal bill. He said no further debate was
proposed at this time, although notices
had been given of speeches intended next
week. He desired that every Senator
who in good faith wished to occupy the
time of the Senate should have an oppor-
tunity, but could not take the RESPONSE
bility of being party to more delay,
and when vacancy in the talk had been
reached he wanted 1t filled by vote.
Discussion followed as to the parlia-
mentary procedure to be observed in
consideration of the subject, and Voor-
hees asked that the Finance Committee's
bill be substituted for the House bill.
Cockrell of Missouri objected until
there was opportunity for full discussion.
He preferred the House bill, saying that
repeal shall not impair the legal tender
quality of standard silver dollars hereto
totore coined to that in the Senate sub
sttute.
Allison of Iowa said the repeal clause
in no sense affected or impaired the value
of silver dollars coined, but by inserting
the House prOvlSO it would leave a ques-
ton of doubt whether that portion of the
Sherman law stands which required the
Secretary of the Treasury to coin bullion
into dollars.
Discussion continued, and at 3:25 was
interrupted by a motion for an executive
session, after which the Senate ad-
journed.
In the morning hour Teller submitted
a resolution similar to the one recently
adopted as to the month of July, for a
statement regarding silver purchases,
etc. in August, and it was agreed to.
White of California gave notice that on
the 18th he would present resolutions
touching the death of the late Senator
Stanford.
IN THE HOUSE.
WASHINGTON, Sept. 1.-The House re-
sumed consideration of the new rules.
Boatner's amendment, providing for
the closure, was rejected, SO to ISL.
Grosvenor of Ohio offered an amend
ment to prevent the Banking and Cur
yency Committee from reporting at any
time bill to repeal the tax on State
bank circulation. After it became evil
dent it would be vigorously opposed, he
withdrew il.
Springer proposed an amendment Civ
ing the Committees on Ways and Means.
appropriations, Coinage and Banking
power to report any bill from those COM
lnittees with a special order setting a day
for consideration. In effect it stripped
the Rules Committee of jurisdiction over
the business of the other four great COM
mittees. The amendment gave rise TO a
very sharp debate, in the course of
which Mcmillan and Holman spoke in
an impassioned manner against the con-
centration of power in the hands of COM
mittees. Springer's amendment was
finally defeated.
Hepburn of Iowa offered an amend
ment designed to limit the Speakers s
power of recognition to the first mem Der
who appeals to the Chair. Defeated.
Morse Of Massachusetts created much
amusement by securing the adoption of
an amendment prohibiting smoking in
the hall before tie convening OF the
House. The joke came in the face of
number OF members, including Gear of
Iowa and Grain of Texas. voting for the
amendment while vigorously putting
away at cigars.
An amendment by Reed to strike down
two of these privileged finbustering mo-
tions was defeated.
Dingley of Maine secured the a6option
of an amendment cutting ont certain
filibustering motions for the dav after
they have once been used for obstructiye
purposes
Adjourned.
THE WHITE METAL.