The record-union., 1893-10-07
Amendment to the Silver Repeal
Bill Offered, in the Senate.
PROVIDES FOR FREE COINAGE FOR
AMERICAN PRODUCT
Secretary Carlisle. in His Revised
Estimates of the Cost of the De-
portation of Chinese Now in the
United States, in Accordance With
the Registration Act, Places the
Sum at Over Ten Million Dollars.
Special to the RECoRD-UNIoN.

Special to the RECoRD-UNIoN.
WASHINGTON, Oct. Elm the Senate
to-day Black burn of Kentucky substi-
tuted an amendment to the bill repeating
the silver purchasing clause of the Act of
1890. It strikes out the Voorhees, substi-
tute, leaving the bill as it passed the
House, and then provides for the free
coinage of silver of American produc-
ton. The Secretary of the Treasury is
authorized on the first day of each month
to establish seignorage to be charged for
the following month, which is to be the
difference between the market price of
silver bullion and the minted value after
coinage. This seignorage is not to be
coined, but is to be sold by the Secretary
of the Treasury for gold to be used for
the purpose of maintaining the parity of
gold and silver.
Allen (Populist of Nebraska offered a
resolution, which went over, calling for
information as to whether the Govern
ment, since March, 1875, borrowed any
money.
The resolution heretofore offered by
| PETER of Kansas for a select committee to
inquire what legislation was necessary to
1
country was then taken up, and Stewart
of Nevada spoke upon it. he confined
himself TO a criticism of the Secretary OF
the Treasury for falling to purchase
100000 ounces ofsilver per month.
The debate was continued by PETER.
Mcpherson of New Jersey moved the
reference of the resolution to the Commit
tee on Finance. So referred by vote OF
50 yeas to nays.
A resolution offered some days since
by Morgan of Alabama instructing the
Committee on Judiciary to report
whether any provisions of the Coinage
Act OF 1887 was in force, was laid before
the Senate and agreed to without discus
sion.
The repeal bill was then taken up.
Mcpherson (Dem.) of New Jersey gave
notice that be would address the Senate
upon the bill Monday.
Call (Dem.) of Florida resumed his
speech against the bill, which was begun
Wednesday. Call made a lengthy argu-
ment in advocacy OF the amendment Sug
gested by him, requiring all silver bullion
in the Treasury to be coined into dollars,
half dollars and quarters at the existing
ratio of Is to /. He also looked with
favor upon the amendment proposed by
Blackburn, and lengthy discussion en-
sued between Dolph OF Oregon and him
self as to the effect of this amendment.
Pugh called attention to the small at
tendance, but on roll call quorum ap-
peared.
Butler of South Carolina followed, go
ing into long argument in favor of the
amendment which he submitted some
time ago repeating the tax on State bank
circulation.
Another roll call was necessary to pro-
cure a quorum.
Teller of Colorado then took the floor
on the repeal bill, and resuming his speech
in opposition. begun some time ago,
Teller said he believed the evidence pro-
duced was sufficient to justify the state
ment that neither the Secretary of the
Treasury nor the President intendedtoi in
terfere to prevent the disturbance that
was somewhat apparent as early as last
April. If the Senators were not misin-
formed, the President more than once de-
clared that the people should have the
object lesson in order to bring about en-
actment into law of certain financial
views. Teller yielded for executive ses-
sion, after which the Senate adjourned.