The star. (Reynoldsville, Pa.) 1892-1946, 1893-08-23
EXTRA SESSION OF CONGRESS


, the repeal however, not TO affect any pro-
! ceedings or prosecutions now pending un.
der said act. Mr. Butler. Democrat, of
| South Carolina, introduced bill rept aling
the State bank tax. Mr., PETER. fopulist Of
| Kansas, introduced bill providing for the
/ further issue Of $500, 900 of fla, money
| exchargeabe for Government bonds nj par
| Mr.. Chandler, Republican. of New Hamp-
shire. reintioduced his bill Of last Congress.
! establishing additional regulations concern
| ing i'm mmigrati on to the United States After
| routine business the Senate adjourned for
! the day.
| HousE-Afier the transaction of minor
business the House today resumed debate
on the silver question, which continued un.
til adjournment.
EIGHTH DAY.
SENATE--ln the Senate a Joint resolution
/ was introduced extending Tor six months
the bonded period for whisky in
government warehouses. The debate on
the silver problem occupied the remainder
| Of the session.
Housr--ln the House the notable silver
debate continued until the hour of adjourn
| ment.
| SkNATE.-in the senate q petition was pre-,
sented by Senator Voorhees, from Cass
county, Ind against 'the manifold iniqui-
ties of the present civil service law The
senator heartily endorsed the sentiments of
the petition. Mr.. Manderson (Republcan),
| of Nebraska. introduced two bills directing
the purchase of silver bullion and the iss,i-
| ance of treasury notes therefor and for the
appointment OF mint commission. Sena-
| tor QUAY agreed 10 directing an examina-
ton at once on the Maltby building, which
| was declared unsafe
HoUsE-The silver debate was resumed
the speakers genera ly addressing empty
seats. No action was had up to time OF ad-
| iournment.
SENATr-Contrary to general expectation
| neither the bill to allow national banks 10
issue notes TO the par value of their bonds
| deposited to secure circulation nor any 9TH
| er tinanc al measure, came up in the Senate
today. The only new proposition in that
| direction was an amendment offered by Mr..
German. Democrat. of Maryland, TO the
bank circulation bill, prohibiting national
banks Withdrawing circul ton without u
previous GO days notice To the Comptroller
of the Currancy, and without the approval
| of the Secretary of the Treasury and limit
ing the aggregate amount of such withdraw
ais to $1,000, 600 within any calendar month.
Senator Mcmillan, Of Michigan, introduced
in the senate today 4 bill to Iroyiie for q
| more extended use of gold by the People OF
tSs +ssiY sYjS f& FISH i, 81 lS aie the nm"% innss
issue OF gold certificates for gold and bullion
| deposits. A message was received from the
house announcing the death of Mr.. Chip
man, representative from Michigan. AS a
ludIh Oi TeSpCCl 10 tne lneIOTy OF tle uc-
| ceased the senate adjourned.
HorsE. The session of the house TO day
| was All interesting one. No repre- sentative
was more personally liked and politically
respected than Judge Chipman, of Michigan.
and when the news of his decease was
| known interest in the silver question was
in measure submerged in sorrow for his
taking of and the house then adjourned as
| tribute OF respect TO his memory.
ELEVENTH DAY.
| SENATE-The silver debate was continued
and without any definite action being taken
the Senate adjourned un Il Monday
The fianance committee reported TO the
| senate to-day the measure agreed upon,
which is framed on the Hill hi and which
repeals the Sherman purchasing law but
| pledges the government TO the policy and
| principles of bi.metaliism At the same time
| the minority OF tie committee presented a
minority report recommending n substitute
| bill, providing tor absolute free coinage of
silver at a ratio OF % to |. The fall text Of
the majority bill emitting the enactng
clause, is as follows:
| That so much of the act approved July
H. 1880. entitled An act directing the pur.
chase of silver bullion and issue of treasury
| notes thereon, and for other purposes, as
directs the secretary oithe treasury to pur-
chase from time to time silver bullion to
| the aggregate amount of l., 500, 900 ounces or
so much thereof as II ay be offered in each
month Al the M rket price thereof, not
exceeding 81 for 81. 80 graiis of pure silver
and TO issue in payment for such treasury
notes Of the United States, be and the same
is hereby repealed
And it is hereby declared to be the
policy of the United States to continue the
use or both gold ~ d silver as standard
money and Ia coin both gold and Gilv.r into
money in equal intrinsic and eXchangeable
value. Such equity to be secured through
| International agreement or by such safe
| IL
maintenance Of the parity in value of the
coins of the two metals and the equal pow
er Of every dollar at all times in the markets
and in the payment of debts. And II is
hereby further declared that the efforts of
| the government should be steadily directed
TO the establishment of such a safe system
| of bi-netalism as will MAINTAIN at all times
the equal power of every dollar coined or
issued by the United States in the markets
and in the payment of debts"
The minority substitute fixes the number
of grains OF silver in United States coins at
| 46i4 grains of pure silver per dollar and
| proportionately for minor silver CONS. The
bill and subititu,e were ordered printed and
| placed on the calendar, and Mr.. Voorhees,
gave notice he would call them up next
| Tuesday,
| HorsR-Thc debate on the silver question
continued ut both the morning and evening
sessions and without action the house ad.
| jonrned.
| TWELFTH DAY.
| SENATE-Not in session.
| HoUsE-The debate in the house on the
| silver question was not very spirited. Mr..
| McCreary Dem. Ky..) advocated the repeal
of the Sherman law in long speech. Mr..
Catchings Dem. Miss, then spoke for un-
conditional rereal of the silver purchasing
clause. Mr.. Livingston Dem. Ga.,l spoke
for bi.me,alism and said that the passage
| of the Wilson bill would commit the coun.
try to single gold standard, Mr.. Richards
of Ohio spoke for repeal. In the evening
! Mr.. Curtis (Rep. Kan.,) favored the Wilson
| bill in a guarded manner. He was in favor
of silver coinage at a 20 to ratio, and OF a
commission being established with power
| TO change the ratio when necessary. Messrs
Broderich (Rep. Kan.) and Clark Dem,
! Mo, spoke for bi.metallism. The House
| hen adjourned.
Tho National Bank Statement.