The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1893-09-01
SENATE PHOCgEDISGS.
senator NoISoit sp.Ahs-ssnAI0F rsacrS
EAasas Es.OISn0R EsfSTTsd to = Com

nEsaN - L . AlsINsAsAa@AsANl-
senator Woloo,r spsaE.-senar0r TsaeP'
FAEsas Es.OIUnOR EsfSETsd to Com
mItt.g.
wA,msmoS D. C.. August 3l.-Ths
speech Oi Nh woIeo!t as4ins. the bill
70 repeal the purchasing clause Of the
Sherman nc. wat delivered IN tho sea-
ate to-day IN the presence Of almost all
the senator's and Of large audience in
the galleries.
W. woie5ii began By saygng that Il
vas unfortunate thli this financial
panic 4as un0ceompAnied Gy the vide
spread uliHo0s panic which invariably,
it was said, followed panlsa The ready
and complete change Of heart, however, I,
on The financial question, which had
been witnessed ~ tho senate chamber.
gaYO evidence that /. vas i,np when
men were especially open 20 coRYscI!oa.
And II tho administration. With i@
petty spoils and patronage. had been
able To make so many converts, what
might ge No; hope when the assurances
0! future happiness would not be Tor
short years bat Tor eternity The mis'
fortune under which the SILVER
sudared Raa IhA the Naturalization
conversion camn fret, for II the
hearts Of senators hlI irst been
impressed with tho lltlenoss oi
the tuinsa OF this world and
people, who were TO be tho sufferers,
the glory oi things eternal, they
would not have been deserted by their
essutalives. cXcrp, as patronage
might Do used to affect Congress. ThefO
was no criIic.sm 10 bo made respecting
the policy Of tho administration. CTi!i'
CIsm oi the secretary oil the treasury
was also misplaced, because hO WUs u
member oi tho Presidents household
and committed to his policy. Nor wac
the President open 10 structure because
Of his message Tor hO had always been
a consistent and persistent opponent Of
sllysF coinage. Tho west knew last
year That whoever was elected its ro-
lianco must be placed in Congress
which had more than once risen above
tho personal wishes Of tho executive.
Senator Wolcott HaTcastically TO-
feEEed to the great number OF senators
who, protesting to be bi.m0talllsts.
hold that an International agreement
was necessary. lilo said the silver men
were not carried away by tho utter.
auCos OF those like Senator Hill, who
was not for them, but was against them,
and his speech would have been Us
logical II made against silver and in
favor OF unconditional repeal. Tho
senator know that free coinage By sop
aralu act was impossible during this
Naturalization, and that any assistance
hO desired to reader must come now or
not at all. sllvCr had been compelled
to bear cVorybody's burdens Tor mary
months, aud it seemed now to be in'
volYed in some fashion with the Demo.
cratic iactional differences in Now
York.
Senator Wolcott next paid his re.
spccIs TO Senator Voorhees, and said
that his change OF front WaS one o! the
most remarkable and ominouA occur
reuCes.
Mr.. WoIcoIt thought II strange that
tho banks IN time OF panic should not
desire 20 increase in volume Of cur
rnnCy. Their plan, however, was to ask
for tho isauO Of 500, 900 gold bonds
and they had good reason % believe
that complacOnt finance committee
would authorize such bill While
waiting, clearing house certificates
based on rediscountod paper furnished
an excellent substitute for money. No
more remarkable statement has ever
boon made than that by Mr.. German
With batcd breath he urged the SenHte
not to inform itself Of the facts with
regard to tho condition Of tho banks
but to lot tho comptroller alone.
I Mr.. WOlcott declared that silver had
not deprecated; ii was gold which ap.
PTcciated.
The next speech was on the opposite
side 81 the question aud was made by
Mr.. Gallery, tho succoSsos OF Mr.. Glib.
son, OF Louisiana
A motion having been mAdo by Mr..
PCiFcr 20 take up the resolution hereto.
fore offered by him as to national banks
refusing to pay dcpoSitOrs' check in
currency,
After colloQuy from which it mp.
pearOd that il Mr.. PETERS motion were
agreed to in the form in which it was
made, it would displHco tho repeal bill,
tho form OF tho motion was changed so
that the repeal bill should DO informal.
~ laid aside and the resou tion as to
national banks taken up. The motion
was agreed to; and then the motion
heretofore made by MIR. Voorhees, that
tho resolution be referred to tho com.
mi;tOO on finance was carried-yOaS 3j
nays 81. as follows
YgAS-Messrs. AldriCh, Allison, Black
burn, Gallery, Camden, Carey, Cullom,
Dixon, Faulkner, Frye, Gallingnr, Glib
son, Gordon, German, Gray, Hale, HAw-
10y, Higgins, Lodge, Mcmillan. Nc.
Phcrson, Mitchell (0rR.l, Mitchell
(WiS), Palmer, PNsco, Power, Proctor,
Ransom, Sherman, Squire, Stockbridge,
Elias, Voorhees,, Washburn and White
Tia l-S5.
NAYs-Messrs. Allen, Bate, Call, Cock.
rell, Coke, Hansbrough. lrby. Jones
New, Kyle, Lindsay, MNnderson, Pei.
Ter, Perkins, Pettigrew. Shoup. Stewart,
Teller, Vance, Vest, WaIthNll aud
White (CaIa. l-gl.
a BIG DEFICIT,
And How to Remedy 1t Is Now tho Great