Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1893-02-19
HEE GIEAT. GRAND OK LOQrITUR: 1892.
THE SHERMAN AMENDMENT
Adopted by the senate--Mr. Teller Speak
for an Hour Against it.

Adopted by the senate--SIr Teller Speaks
for an Hour Against it.
WAsHINGToN, ID. c., February IS
By the expeditions method OF Vice
President Morton, the Senate almost
finished the long debate on the three
per cent. bond issue amendment to the
sundry civil appropriation bill.
After routine business, the considera-
zion of the sundry civil appropriation
bill was resumed-the pending question
being on Mr.. Mills's amendment TO the
Sherman three per cent. bond issue
amendment (Mr. Mills'S amendment be-
ing to strike out the words latter five
years from their date
The amendment was defeated with
out division. The vice president then
put the question on Mr.. Sherman's
amendment and announced that it was
agreed to. But Mr.. Stewart then
realized what was being done, and said
that he and the Senate had been taken
bv surprise, and that he desired TO adj
dress the Senate on the Sherman amend
ment He denounced the amendment
as the most wicked, revolutionary
scheme ever invented by man, laying
the rude hand of legislation on the ac-
cumulaled precious metals OF the world.
After speaking more than an hour Mr..
Stewart moved to amend the amend
ment by adding TO il these words, land
the bonds issued under the provisions
of this act shall not be used as security
for the issuance Of national bank cur
rency."
Mr.. Palmer advocated the Sherman
amendment, and related an anecdote OF
which he was reminded by the speech
of the Senator from Nevada. The son
of a pious mother said to her one day:
Mother, I wish there was no hell"
"Why, my boy?"
81 cannot do thing but that you tell
me if l DO it, l will go to hell and be
burned in everlasting fire and brim-
stone"
At this point Of the story MIR. Stewart
broke in with the inquiry: do you
not appreciate that danger nOw?"
Laughter.
No sir, said Mr.. Palmer, this PROPOSE
ton which | supposed was one of mere
business, involving no principle, pre-
senting nothing new, seems 10 have
stirred up the Senator from Nevada so
that we are threatened with the most
serious consequence il it be adopted
Mr. Brice offered an amendment re-
curing all issues of United States notes
ISSUED and circulating as currency to
be maintained at a parity and inter-
changeable at their nominal par.
Mr.. Sherman stated that not only had
he no objection to his colleagues amend
ment but he would vote for it with great
pleasure.
Mr.. Allison said that while he would
not have offered the amendment offered
by Mr. Brice he would vote for il, be-
cause it only made clear what all Sena-
tors Intended To do. He believed that
the power to keep the greenbacks at
par would give TO the Secretary Of the
Treasury complete power to keep all
paper money issued by the United
States Governmental par with gold and
silver.
MIR. Villas advocated the Sherman
amendment.
Mr. Teller opposed the Brice amend
ment on the ground that the plain Eng
liSh OF il was that the country was to be
placed on the single gold standard.
Mr.. Mcpherson argued the Brice
amendment.
Mr. Brice said that in Difference to
the Judgment OF his seniors in the Sen
ate, he would withdraw his amendment.
The discussion finally closed, aud the
vote was taken on the Sherman amend
meut 1t was agreed to-yeas 80, nays l6.
Ii is In these terms: TO enable the
Secretary of the Treasury 10 provide for
and maintain the redemption of United
States notes according 10 the provisions
Of the act approved January II, 1875,
entitled, IAN act TO provide for the re-
sumption of specie payments" and, at
the discretion OF the Secretary he is au-
thorized to issue, sell and dispose Of, at
not less than par in coin, either OF the
description of bonds authorized in said
act. or bonds of the United States bear
iug not 10 exceed three per centum in
tereSt payable substantially and
redeemable at the pleasure OF the
United States after five years from their
date with like qualities, privileges and
exemptions, provided In said act for the
bonds therein authorized, TO the extent
necessary TO carry said resumption act
into full effect and to use the proceeds
thereof for the purposes provided in
said act and none other. No further
action was taken on the sundry civil
appropriation, but MIR. Allison gave
notice that he would ask the Senate TO
remain in session on Monday until the
bill was passed. Adjourned.