The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1893-10-07
djourned.
IN THE SENATE.
A Stirring Debate on the Repeal Bill
Other Matters

Other Matters
Washington, Oct. SIN the Senate
today Blackburn, of Kentucky. substi-
tuted an amendment to the bill to re-
peal the silver purchasing clauses of
the act of 1890. 1t strikes out the
Voorhees, substitute. leaving the bill
as it passed the House, and then pro-
vides for the free coinage of silver Of
American production. The secretary
Of the. treasury is authorized on the
first day of each month to establish
the seignorage to be charged for the
following month, which is to be the
difference between the market price OF
silver bullion and its minted value
after coinage. This seignorage is not
to be coined, but 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. Popuhst, of Nebraska, offered
a resolution (Which went over) calling
for information as to whether the gov
eminent, since March, 1875, had Dor
rowed any money.
The resolution heretofore offered by
PETER, Populist, of Kansas, for a Sc
lect committee to inquire what legis-
lation was necessary to improve the
banking system of the country was
then taken up and Stewart Repub-
lican, of Nevada, spoke upon it. He
confined himself to criticisms of the
secretary of the treasury for failing to
purchase 100000 ounces of silver per
month.
The debate was continued by PEI
fer.
Mcpherson, Democrat. of New Jer-
sey, moved the reference of the res
olution to the committee on finance.
So referred by a vote Of IS yeas to 8
nays.
The resolution offered some days ago
by Morgan, Democrat of Alabama. in
structing the committee on judiciary
to report whether any provisions of
the coinage act of 1897 are in force,
was laid before the Senate and agreed
to without discussion.
The repeal bill was taken up this
afternoon.
Mcpherson. Oemocrat of New
Jersey. gave notice that he would adj
dress the Senate upon the bill on Nom
day
Call. OemocraD of Florida. re-
sumed his speech against the bill be-
gun on Wednesday
Call made lengthy argument in
dQNOCdCy VI llAc dt4lclQillSllI SUGGESTED
by him, requiring all silver bullion in
the treasury to oe coined into dollars,
half dollars and quarters at the exist
ing ratio of 16 to l. He also looked
with favor upon the amendment pro-
posed by Blackburn, and a lengthy
discussion ensued between Dolph, of
Oregon, and himself as to the effect Of
these amendments.
Pugh called attention to the small
attendance, but on rollcall a quorum
appeared.
Butler Democrat, of South Carolina,
followed, going into long argument
| in favor of the amendment which he
submitted some time ago repeating
the tax on state bank circulation.
Another rollcall was necessary to
procure a quorum
Teller, Republican, of Colorado. then
took the floor on the repeal bill ,resum-
| ing his speech in opposition begun
some time ago. Teller said he believed
the evidence produced was sufficient
20 justify the statement that neither
the secretary of the treasury nor the
president intended to interfere to pre-
vent the disturbance that was some
what apparent as early as last April
| If the Senators were not nisinformed.
| the president had more than once de-
clared the people should have an OBJ
| iect lesson in order to bring about the
enactment into law of certain financial
views.
Teller yielded for an executive ses-
sion, after which the Senate adjourned