The Windham County reformer. (Battleboro, Vt.) 1876-1897, 1894-03-16
FROM WASHINGTON.
THE BLAND RILL PASSES THE
SEN Ate.


Hut viii Su civ Encounter vetO-speech' q
by sherman, Villas and Teller Tho sena'e Q
Refuses to Investigate the Charges Of
sngar Trust speculation The pro'prc,s Q
Of the Tariff BIZ Secretary Herbert Re
pies to tho BOut-lle Resolution Com
Pension Frauds
The Band iver seigniorsge biil passed the
senate YESTERDAY by vote of - -. There
has never been anv DOUBT Of this result, nor
that the bill will meet vet. when Il reache.
Clpvpland's hands. 1t is quite probable that
the senate will have twO.tnird. maj 'rtty to
psss It over veto, because Il the tprpse :
tation Of the newly manufactured states 10
the far West, hut there Is very l,tlt chance Of
II In the house, though It's friends claim that
the Republican members will not be enfhusi-
as,ic about sustaining the veto Of Demo-
cratic president, and that Er Cleveland has n
host of enemies In bis own party who viii
gladly vote to override the veto in order to
show their spite.
The motion Of SenatorA lIison to tder
the vote by which the bill had been ordered
TO a third reading 40 as to allow OF amend.
ments-and perhaps to Keep the subject along
to block the wav of the tar,f biil was df =.
feated. % to AZ. Twenty Republicans and
eight D mocrats voted for the motion. an
ten R.publicans, th'rfy-one D,mo'
crats and four Populists against 1t.
Hi and Murphy Of N " York hnfb voted
on ,he side Of the bill. Henderson Of Nebras.
ks maze . motion to recommit with ins'ru"-
tons to modify the careless language which
provides for q duplicate issue OF silver certin-
Gates, hut this WAS voted down q to A, by
substantially the same vote az on the earIirr
roll call. The silver men were raj led to th'-
x,reme action by Harris Of Tennessee who
warned them the other day that the sl'ghte''
amendment would send the bill back to the
house where 1t might be pigeon.holed ami
lost.
The most noteworthy speeches on the bill
we're by S,erman, Lodee, Villas and Lindsey,
the new senator from Kentucky. The latter
supported the bill "a not at all . dan9erou'
measure hut dissipated the Impression that b
represented the views of Carlisle, With whom
be 10 on intimate terms Vilas' speech was
powerful one agains, the hill and a. be T. y
close friend Of the president and 10 usually
r. reexrded as speaking for the administration,
a s'gniG mt one. He characte rized the me''-
ure "a one for the esiabli.hment Of mono
metallic ally standard IN place either OF gold
or bi metall.m The hill was simply bill t.
issue nearly 5000 OOO ono of silver certificates, TO
force them into the currency of The coun,r'
in addition 10 the amount already outstana.
ing. and to suhst'tu'e such v lumo Of stive'
certificates for the notes 's-ued under the act
of 1890 and which were, to all inents AID
purposes, grPanhacks. Lodge gave bis
reasons for joining the b'metaic mov'-
mept, and he held the admiring attention of
Senator Stewart as he u'ed for b argu-
ments regarding gold contraction and the
, ed of q larger volume of metallic money
Sherman argued thai the bill was violation
of tfe public faith, a. declared N the act OF
1890 which pledged to the redpmnt'on Of tht
silver certificates the entire silver ulliOn pur
chased b> them. The cost ~ the -''v'r hui.
lion In the treasury wa 1925 0OO.n0O whih
its coinage value was $lSD 600 ono and ths
difference was the seignorage for which the
hill provided. The fact was, however, thst
the present market value of ne silver bullion
in the treasury was only $S4 OA0 900, so tha
there had heen loss on thr ira section ot
$4i ono ono. at the market rae today. The
treasur, votes outstanding aps'rst the silv'r
pUrrh ssed under the act of 1890 aggregated
$iSO 600. .NNO so thar the amount loss. i".
It ad Of gain and seigniorag' ,wa~ S9S 600 600
H. believed that the pass ,ge OF the b,li neSui
the beginning Of an unlimited issue Of paps'
1here Wae ouf f.tAndirk today o. th'
' '-'ous forms Of demand obligations 1885,.
OO0 OOO. and now II WAS proposed to ii 10
hr.e i,ahilities S55 0OO.000, and possibly
$ll0 600 ono 1t ~ss certain thai under th'.
b n thp " hole .upersfruc' ure of the financial
J, stem of the country would f,l'; and with II
the country would 6, down, step BY step, in
, .tver sta ndart
Mr. Manderson Of Neb., csiled attention to
III fact that under the ianpu ga Of the .eign.
O ase nil. not onl, mixh 5000 ono NJ siv
iollar. be COINED, but an additional $55 .OOO,-
700 Of treasury notes might b. issued.
Teller Of Colorado, made the leading speech
Tor the bill. He denied that tn" act Of 1880
eft the coina of silver to the discretion ~
he secretary Of the treasury and be- declared
hat the act was msnda'Orv and under 1t the
,ecretarv should coin as many silver dollars
u be- had issued treasury nntes. Ha cOnfrs-
tic,sd the statement nv Mr Sherman III
here was hosrd OF 8G4 000.0OO silver dollar
ying idle In the treasury He said there wa.
10 idle money In the treasury. There had
)pen no idle mnnev iu the tire easury except
that hich lay behind the treasury notes to
he extent Of $35 400 600. He maintaine
nat every dollar IT .iiver money that bad
,een cotned was doing money duty With IN
In tely more potency and power than any |
.old money that was In circulation 10 the
United States. Mr. Teller said ne would not
consider It very great disaster II the country |
wss on . silver basis. 1t waa on gold basis
,ow and the condition II the country was
,pt . bappy one. The countries which used
iIver as standard money only were In better |
condition than the Uniied States.
Tue tariff bill a. reported by the senate
lndOCo COtuWIttec 6ccmS " uc khtuluk IIicuus,
nd the leaders who are responsible fol- it.are |
confident that It VIII become law substanti. |
lllv In the form they have fixed 1t, They |
re said TO be consulting with the house head. |
RS, point by point, to convince them Of the |
political necessity Of the changes they have
made. Voorhees, and Vest are out In inter |
News In whi:h both concur 10 the view that
he tariff hill as drawn would not abrogate |
he recIprocitv treaties With Spain in regard
a Cnba with Germauy with Brazil and with |
the! countries. This would % Re the sugar |
luty mere farce and applicable to only about |
8 per cent Of tbs present volume of imporla.
ions. Blu. members Of the b use declare /
hey will not accept suv such Interpretation
md that when the bill becomes . law It will
Indicate plainly. II there IL any cuty on the
ugar, that II applies to all sugar and thst the
eciorOcity arrapgements are to come to an |
nd II surface talk Is to be trusted the ''con-
loss are st,Il di.sstished and bound to iah.
or more. The sugar tru.t people louub in.
i-t that no protec'ion worth speaking Of Is
1T them, only 1.l8 10 l-2 cent Q pound but
biz Il generally accepted as pure blu6. The
louisiana senators. however, are doubtless,
incere 10 declaring that they muai
ave more duty for raw sugar. Senator Hill
ire IN an elaborate speech which he 10 now
repairing. he 10 Vnslterably opposed to the
ncsme tax proposition. 4 sop was thrown
. Senator Murray bv the increase Of the
ate sn linen collars. cuffs and shirts from Is
, IS per cent. but Il 10 understood ihat be
I've this is not enough, and both be and Hill
xpress dissstisfaction with the bill. They
snnot defeat IL. however. II Kyle Of South
|skots, tbe fari6 reform Popuiist who u,u-
Nv votes with the Democrlts vefes for the
~, and is b not generally beloved the New
ORR seuafora will array them -eives s9nipst