The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1894-02-03
IN THE SENATE.
PETERS Resolution Calling for Names Of
Bond Purchasers Passes,


Bond Purchasers Passes.
WASHINGTON, D. O., Fob. "a joint
resolution authorizing tho secretary OF
the TREASURY to provide suitable boxes
or cases for the bronze medals awarded
exhibitors at tho Worlds Columbian
Exposition was reported by Senator
Villas aud passed by tho senate.
Senator Quay (Ponn.) presented an
amendment empodying several now
sections to the tariff bill. These sec
tions provide for the free coinage OF sill
yer and for the purchase OF l45 1000
ounces monthly and the issue OF treas
ury notes in payment therefor, and the
repeal OF all existing laws providing for
the issue OF bonds. =
The resolution OF Senator PETER call.
ing upon tho secretary OF the treasury
to inform the senate how many bids for
bonds have been received from persons
and corporations and the names Of the
bidders then came up for consideration.
at has never beeu tho custom" said
Senator Sherman, "to give the names OF
the individuals who makes the offers.
To do SO might bo injurious to the pub
lie credit"
II want the names." persisted Senator
PETER. III 1t is not proper to give them
lot tho senate say &c"
"What reason exists hero why the
names OF tho bidders shall not be
civen?" inquired Senator Allen (Neb. !
"In the iirst place, replied Senator
Sherman, because the request has
never been made. Tho second reason
is that it is not good policy to disclose
the private affairs and business opera.
tions OF private citizens" u
Senator Harris (Tenn.) could 500 no
reason why the namcs OF persons could
be of any interest toltho senate.
The suggestion was made by Senator
Stewart, Of Nevada, thai names Of orici.
nal purchasers might bo very impor-
tant II the validity Of these bonds should
later bc questioned, when thcy arc pro.
sented for payment.
In answer to his opponents, Senator
PETER said he firmly believed that The
financial affairs OF tho government are
not managed by the government Of.
hcers, but by spectators in New York
city.
Senator Cockrcll declared to Senator
Stewart that the time would never
come when tho question OF refusing to
pay these bonds would be raised.
After further discussion Senator Shor-
man withdrew his motion to strike out
and the Peiler resolutions we're adopted
without amendments.
Tho resolution of Senator Stewart
denying the authority OF the secretary
OF the treasury to issue United States
bonds at this time came up in regular
order with the various amendments.
providing that .'tho money derived
from the sale OF such bonds cannot be
lawfully applied for any other purpose"
than the purpose of redemption. 10
this amendment Senator Villas present.
ed the following amendment:
Except in accordance with such acts
Of appropriations by Congress as may
require the use OF tho Same to discharro
such appropriations"
At 4:l5 the clerk OF tho houan nm
peared with the tariff bill, and Senator
Villas suspended until 1t was duly re.
ported TO the senate. BY raouest of
Senator Voorhees, it was laid before the
senate and on his motion referred to the
finance committee with an order that
1000 copies be printed at once for use
OF the senate. 81
The Stewart resolution, on request OF
Senator Teller, went over until Wedncs-
day, aud on motion OF Senator Faux
nor, the senate went into executive ssE-
sion at 5 p. m. and at 5:l0 adjourned till
Mnndny u !.