Goldsboro weekly argus. [volume] (Goldsboro, N.C.) 1885-1909, 1893-11-02
THE SENATE Yesterday.
PETER, Teller, Squire, Stewart.

WASHINGTON, Oct. 26.-Atter
the presentation of a few belated
petitions in favor of the free and
uurcstricted coinage OF silver, Mr..
Teller suggested the absence CT a
quorum: The roll was called and
only So Senators, seven less than-a
quorum, answered. At 11:15, IS
Senators had responded to their
names, aud business was proceeded
with.
The House bill TO tsansfer The
Morris Island life saving station,
near Charleston. S. G., to Sullivan S
Island, was reported back from the
committee on commerce and placed
on the calendar.
The silver purchase repeal bill
was taken up, and the Wee Pcesi-
dent stated the question to be GA
the amendment to it offered by Mr..
PETER, reviving the free coinage
act of 1897.
MIR. Teller addressed the Senate
iii continuation of his speech begun
some time ago. Nj. Teller occupied
the floor until $40, when, without
finishing his speech, he yielded the
floor to Mr.. Squire, Republican, OF
Washington.
MIR. Squire addressed the Senate
in advocacy OF the amendment Of
which he gave notice October 10fh
The amendment proposes TO allow
the Il OF silver bullion TO haze
it coined into standard silver dollars
at the present ratio Of Is TO |, re-
ceiving standard silver dollars for
it to the amount 0 the cUinmerciai
value OF the bullion, the difference
TO be retained as a reserve fund by
the Treasury. This coinage is not
to exceed $2.OOO,O00 per month.
and is to stop when the aggregate
amounts to 800, 900 900. The
silver dollars are to be a full! legal
tender, and no certificates are &c be
used to represen them. The pnre
chasing clause of the Sherman act
IS 10 be repealed. The Secretary
OF theTreasury is to be authorized c
Issue bonds payable after five
years ana bearing interest. not tc
exceed 4 per cent, to the amount o.
$500, 900, 600, for the purpose o
maintaining all the money OF the
United States at par with gold. He
had endeavored, he said in offering
his amendment, to find that middle
path which is the path Of sa ETY.
In closing bis speech, Mr.. Squire
said that if it was the pleasure Q.
the majority in the Senate TO post
pone all positive legislation OF
those propositions to a future day
%contenting itself simply with repea
of the Sherman act, he would bow
TO its will, but there was no sncl
good time as now. There was NJ
escaping the responsibility, and th'
American people would rende
their verdict for the u%nnecessar,
delay. He appealed to the Senate
to do that which was practical 70
the Immediate relief OF the govern
ment and of the people.
Mr.. Stewart began an instel'mep
of his many timescontinued speech
In he course IF it's delivery b.
yielded the h)or to Mr.. Frye, wiz
reported back from the COMMITTEES
on commerce, the House joint re
solution for the repeating. marking
and removal OF dereiicts in tn
North Atlantic Ocean by inter
national agreement, and the Hons
bill appropriating $175 900 tor
staeam revenue cutter of the frs
class, for use on the New Englant
cost. They we're explainedbrie Il,
by MI. Frye, and we're passed.
Mr.. Stewart continued for rom
time longer, declaiming agains
England, and as he showed no sigI
of coming to an end, Mr. Voorhee
who had been exercisin his pa
tience for over an hour, asked hin
whether be would yie.d for a recese
Mr.. Stewart consented, with tb'
remark that he would not be adj
to conclude to night; and SO, at IA
%, m the Senate took a recess unit
IL o'clock Tomorrow morning.