The Yale expositor. (Yale, St. Clair County, Mich.) 1894-current, 1894-12-28
CONVERSATIONAL NEWS.

speech on his proposition for rule to close
debate. which was listened to with close at
tontion by many Senators Mr.. Turpie con-
tinued his speech IN denunclatlon or the Mica
ragua canal bill, stating that IL appeared To
him TO have every indication OF gorgeous
bubble. An urgent deficiency bill. appropriate
ing FOO 0Ol for public printing and binding,
was passed HOUSE-lmmediatey after the
ca Of committees Tor reports. Mr. opr niger,
OF the banking ana currency committee, moved
that the House 20 into the committee OF the
whole for the consideration OF the Carlisle
currency bill His motion prevailed, ard Mr..
Richardson DEM, Tenn took the chair. Mr..
Walker (kcp. Mass. in charge or the oppose
ton to the measure, gave notice That AT the
proper time he would o1er q substitute. Mr..
Springer delivered tho opening speech in favor
OF the bill He declared that the committee
had given the sab ,ect the most careful con-
sideration. IL had carefully examined the
/ recommendations Of the President and the
secretary of the treasury. had called before 10
some of the aDlest hnanciers in the country,
and the result had been the presentation OF the
pending bill as q measure OF financial reform.
He did not pretend 90 say that tho bill repre-
sented the views OF individual members OF tho
committee 1t was compromise and as such
harmOni ed fairly the views Ofall Mr.. Springer
tucn proceeded TO detail at length the scheme
OF the bi'l, reviewing much OF the ground
which has already been printed. WhLo Mr..
Springer was discussing the provision looking
10 the ultimate redemption and retirement OF
the legal tenders, emphasizing the necessity
for this by pointing out that the treasury had
within the year twice been forced to issue
bonds 70 protect the redemption, Mr.. Cannon
the slOJ.000t0 borrowed to maintain resump-
ton had in reality been used to pay the cur
rent expenses OF the government. There 10
nothing in this bill on that subject re-
sponded Mr.. Springer CURLY. Mr.. springer
gave notice that at tho proper time
he would offer sundry amendments look
Walker (Rep., Mass.D who was in charge
OF the opposition to the measure. then took the
floor. lie began with a statement OF the
essence OF the Baltimore plan The beginning
and the end OF that plan, he said. was TO give
the national banks power TO withdraw their
United States bonds from the treasury and
issue cireulat ng notes on their assets up TO 81
per cent. IL afforded not shadow OF relief
and did not deserve moment S consideration.
Mr.. Walncr spoke OF his own bill and ITS superb
GRITTY over the Carlisle bill. Mr.. Hall, also
member OF the committee on ban Sing and cur
rency, said II must be distinct y understood by
members that the Walker bill was not under
discussion ana that when they came TO vote
they must vote either for the Carlisle bill or
for a continuation of the present system. At
the conclusion OF Mr.. Halls speech the COM
mittee rose. Mr. Henderson. ODem., N. CD
reported the posto1lce appropriation bill
Then the House ad. burned
SENATE Fifteenth alphabetically all the
day was occupied by speeches on the Mica
ragua bill. Mr. Turpie tD~n., Ind completed
his speech against the bill, making critical
analysis Of the provisions OF the measure. At
its conclusion nc offered an amendment pro-
vidng for the appointment OF a board OF three
engineers TO make a survey and estimate ofthe
cost OF the canal This was as FAR as congress
ought TO 70 at this session, he thought SEN
| ator Perkins. of California, favored the build
Ing OF the canal, and pointed out the benefits
which he thought would accrue from It's con-
strncton. HoUsE-As soon as the regular rou-
tine had been disposed OF the House went into
committee OF the whole, and the debate on the
Carlisle currency bill WAS resumed. Mr.. John
son rep. Ind, one OF the minority members
OF the banking and currency committee. opened
the de bate with vigorous speech in opposi-
| ton to the bill. Admitting the defects in our
currency system, he said. their correction
could not be obtained by The passage OF "a bill
along the lines suggested by the banking and
currency committee IL was much easier to
attack the present system than oder q safe
substitute for it, The present system had
| given the country greenback currency which
! enabled the government TO carry on the var,
and ii produced market for our bonds in the
| hour OF danger and peril the currency II pro-
| duccd had never been questioned While
remedial legislation might be advisable, this
was no time for experimental legislation.
| lie took up the bill section by section and at
tucked its various provisions lie recalled Mr..
| Springer opposition TO the repeal OF the ID
per cent tax on state banks last spring and his
present advocacy OF provision Tor its repeal
| in this bill Mr.. Warner Dem. n. H..l spoke
! in support OF the measure. lie denied that the
bankers who had appeared before the commit
tee were oppo I'd 10 the Carlisle bill with two
exceptions. r. Ellis Dem. ky.) was the
hr-t Democrat Z member OF the committee TO
| attack the Carlisle bill At the outset he pro-
! claimed that he was convinced that its passage
would remedy none OF the defects OF the
| democratic party had condemned the national
| bAnS system, vet il was now proposed not only
| to pcrpetuate the system. but TO perpetuate IL
in q form more Objectionable than that in
which 10 at present existed. Mr.. Ellis, in con-
clusion. charged the Democratic party in con-
gress with beng false to its Chicago platform
pledges.
sEYATE-Sixtocnth day.-The only legisla-
tive business Of any Importance transacted was
the passage OF a bin making deficiency appro-
yrgosio-e for Tho copeus human Nd tho 40 r.
mont Of Justice for the current Cscal year. The
ceremonies Of unwilling the statues OF Daniel
Webster and Gen. John Stark-the gifts OF the
people OF New Han Ishire-in statuary hall
| occupied the mo q of the day Speeches were
made by Senators Chandler and Gallinger, OF
New Hampshire. Hoar and Lodge, OF Massa-
| chusetts aud Mciann. Morrill,. Davis, Cullom,
Plat and Mitch I'll upon the life and services of
| Webster. Senators Proctor and Dubois eulo-
gized Gen. Stark, the revolutionary hero.
| HOUSE. debate on the Carlisle currency
| bill was comparatively brief owing to the exer-
| cises in connection with the acceptance of the
| statues of Web ster and stark. MCsSrs. Sporty,
| oi Connecticut. a Ocm ocrati' member Of the
| banking and currency committee. and iSrosius,
| OF Pennsylvania, republican member cham
! pioned and opposed the measure respectively.
| Tho former WAS opposed 20 various features OF
the bill. but declare mis- intention OF voting for
! II IL nothing better could be secured. The
! members OF the House who ma1e remarks upon
| the life OF Daniel Web ster were Messrs Blair,
| Everett. Grout and Baker. Gen. Stark's life
and deeds were recalled 10y Mcssrs. Baker,
! Power and Curtis
Seventeenth day.-No session Of the Senate.
| HoUsE.-The entire time OF the House was oe-
| cupied IN debate on the currency bill. the
speakers being Messrs. Pendleton Dem, w.
| Va. and Sickles Dem, n. W, in favor OF the
| BILL and Messrs. Russell Rep, Ct.). MeLauriu
| Dem, :. C. AMI kawlins tDem.. Utah against
| IT, Before toe close OF the session Mr..
Springer, chairman OF the banking and cur
/ rency committee, presented the amendments
| To the measure agreed upon by Democratic
| members of the committee and indorSed by
! Secretary OF the Treasury Carlisle. The bill,
/ rs altered by these amendments, Will be Of
fered as a substitute for the original bill. and
upon this substitute the fate OF the measure
| will depend
SENATE Eighteenth day.-After passing Tho
| holiday adj surnment resolution the Senate
listened TO Senator Morgan on the Nicaragua
canal bin. Senator Lodge introduced a reso-
luton instIucting the secretary Of the navy to
4 inform tho. Senate WHY oil ships OF the United
| States have beel Withdrawn from the Bawa-
! iian ISLANDS, and whether. in view OF interests
| OF the United States and OF citizens cf the
| United States IN those islands. q ship OF wal
! SHOULD not be stationed and ROMAN at Homo
! lulu. HOUSE-rne feature oi tho day was
| brilliant speech by Mr.. Bryan OF Nebraska
! who attacked the Carlisle currency ball ant
the administration vigorously. setting on The
| opposing financial theories 81 Jefferson ant
! Cleveland. tho firss and Inst Democratic prosi
dents, ana uIlhOsitatingly taking his STAN
a. Ill