Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1894-02-09
CONGRESSIONAL RECORD.
BANDS StlglIorl53 Bill Discussed IN
The House.
different Opihians nv 10 the ncdomp-
tiOn OF SILVER Ccrtincattu
la Gold.

WAsHiSuroN, Feb. 9.-rhc House
was ina lausic this m9raing after thy
opening, over the Bland BIN, several
members insistlng that they mad boon
wrongly recorded.
The House judiciary committee con.
Hiteftd the McGann resolution, prop O..
ing an inquiry lntO Judge Jonkins's
Injunction against tho Northern Pact.
flo employees, but adJoufnei without
action.
IL looked ut one time ~ II yostorday,s
proceedings In the committee OF the
whole might be yitiated. IL appeared
that Baboook, who was recorded ns
voting on roll call for going into com.
mittee OF the whole, did not vote,
which would nave broken the quorum,
but Marshall ana Shell, not recorded az
voting, declared that they voted, which
restored the quorum anu the incident
ended.
The House then went into committee
OF tne whole on Bland'a Seigni1rago
bill. Bland explained Ia few words
that he hal not agreed, M stated Ia
some OF the public prints, 10 striking
out the ection OF this bill. which pro.
viies Tor the coinage OF all bullion In
the treasury. Aslue from the question
OF raising the revenue he regarded the
second section ms more important than
the hrst. at We are 10 deal with the
bullion In the treasury, lot us deal
with itas a whole. We have already
repealed the purchasing clause OF tue
Sherman act. No more bullion viii
come Into tnu treasury; why should
We not count what IN tuofe. To coin
only the suignotage $3.50, 900, 0O0lWould
DO tanlamOunt 10 declaring that the
rest should remain there as worthless.
It would be dedicated 10 monetary use.
As far a. am CONCERNED 1 never Will
consent 10 stop half way.n
"What Advantage asked Co0mbs,
(Dem. n. W "w0uld accrue from the
coinage Of tnia bullion, when no one
wants ~"
"rhe people want every dollar they
can get" replied Bland. "rhe difli.
Guilty Is that there IL not enough money
In circulation"
sis II tho intention after this bill
goes into effect" inquired Tracy
dem. N. " 40 redeem silver certid.
Gates In Eolu?"
"Do you understand that the silver
certificates nre redeomable In gold2'
asked Bland.
81 dO.O
swell" replied Bland, ulhe score.
tAty OF the treasury never 80 held.
rhe secretary of thu treasury main.
tRined that all that was NECESSARY TO
keep all glasses OF our currency at par,
was to keep greonbacks ut par. rhoy
are y Id obligations anu therefore In.
teToOnvortible, and while silver csrtifl.
Gates have not been redeemed In gold,
greenbaoks have never been refused
lOr them. This keepa all our currency
at par. l am speaking now from tue
standpoint Of the gold mOnometalliot."
H1 declared that II was only neces-
sary TO keep enough gold Ia tho truasu.
~ 10 meet the foreign exchange.
Under the sherman law he in-
sisted that overy dollar OF treasury
notes outstanding was rodeemable IN
silver. SAND n were seore.
thry OF tue treasury | should w
hold" he added CmphatiCally.
al would not use my discretion
IN this interest Of this gold gamblers OF
this country. "This BILL" lao con-
tinued, "dOeH not 80 30 Tar as
the sherman bill in this re-
speot. II only provides that having
been redeemed (in gold or 0lhorwise)
these notes shall not DO Fe.issuud but be
destroyed AMI coin shall take their
place. In other words, the holders viii
no longer DO able TO force thoir 10.
demption again anu again In goli."
(ApplAuse.)