The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1894-03-02
Mr. BANDS Long and Stubborn
Fight Carried on 10 Final
Victory
Bill Directs the Coinage of the
seiRnioraRe and Then tho
Bullion.
Nineteen RepublIcans for It and Seventy
nine Against; IfI Democrats for the
BiiI, Tity Opposed.

Nie IA Nue mouse oNof tu3 Tor tho
coinage Of the silver seiRniorage and the
silver bullion in the treasury ended to-day
by the passage Of the bill BY vote Of lG7
20 100. special order to bring the bill to
vote was adopted by bare quorum i'ame-
diatsly after the house convened. This
broke the opposition Of the hlibusters and
they we're powsrless to do anything further.
All amsndmsnts offered 20 the measure by
its opponents we're defeated, the one which
polled the most votes being Outhwaits's
amendment 10 strike out the second see
tion. The bill as passed is in the nature
Of q substitute for the original text OF the
measure. he changes do not affect the
material features OF the bill. which pro-
vide for the coinage OF the silver ssignior-
age Ia tbs treasury. the issue Of silver Ger
tihoates thereon. II need be. in the discre-
tion Of the secretary of the treasury. in
advance Of coinage. and thereafter the
coinage Of the remainder Of the bullion as
fast as practicable and the issue Of silver
certificates thereon TO take the place Of
act. which are to be retired and osnosllsd
as rapidly as coinage takes place.
Changes made in the substituts simply
make specific the fact that the seignioTARe
is to be coined. and that this bill shall not
affect the redemption Of treasury notes un-
der the existing Law. An analysis OF the
vote BY which the bill passed shows that
141 democrats. nineteen republicans and
eight populists. q total of 16S, voted for il.
and seventy-niRe republicans and hfty
democrats. a total OF l29 voted against 10.
Outhwaite offered an amendment 20
strike out the second section OF the substi-
tate. johnson. of North Dakota. offered
an amsndment 10 the original BILL author
izIng the secretary of the treasury to afford
silver dollars the same right 90 to redemp-
tion and exchange now accorded TO sub
sidiafy silver coins. StTaus, Of New York,
offered an amendment to the amendment,
as follows: That the secretary of the
1 oasury be and is hereby authorized 20
issue from time 10 time coupon and regis
tered bonds Of the United states In the
denomination OF $40 aud multiplOs of that
sum, payable in coin after i've years fiom
date, and bearing interest a. a rate not ex-
ceeding three per csntum per annum, pay-
able quarterly in coin, and sell and dispose
Of the same az not lees than par in coin; the
proceeds of suoh bonds shall be paid into
the treasury and be held and used for pnT-
pCass now authorized by law"
Bland made point Of order that Straua
amendment 90 the amendment was not ger
name. The sps tker sustained the point Of
order and ruled the amendment out. Cum
mings asked IL the chair ruled that any
amendment looking to the Issue of bonds
should be ruled out. Tue chair replied
that the ruling was not so broad as that.
Cannon, of Illinois. then offered as an
amendment in lieu Of the StFAus amend
ment the so-called Window proposition
for bullion redemption at the current mar
. kasN1
which was discussed IN the Fifty-hfst con
gresa
Cannon's amendment was also ruled out
on the ground that 10 was not Rsrmane.
Abbott offsred an amendment relating 30
the coinage of silver In the treasury.
Bland took the floor in support Of his
substitute. He explained that the second
section of the substitute made the coinage
OF the remainder of the bullion 10 the
treasury begin after the coinage Of the
ssigniorage and specific proviso Is added
TO the effect that nothing In the ACT shall be
deemed 20 change OF alter tue existing law
~ TO the legal oharacter % mode Of re-
demption in treasury notes.
Outhwaite argued against the second sec
tion OF the originAl bill and the substitute,
and said its purpose was 10 retire existing
treasury notes. johnson, Of North Da-
kota maintained that his amendment was
absolutely necessary II the declared policy
OF the government to maintain all classes
OF our currency at par is 20 be kept In force.
Not 10 adopt his amendLAsnt would be dis
honor 20 abe national credit. Simpson de-
elared that 20 strike out the second section.
or adopt Johnson's nmendnsnL which
would make silver dollars redsemable in
gold, would be another great stride in ths
direction Of plutoeraey. Johnson's amend
ment was disagreed 90. by a vote of sixty
four TO l35. The vote was then taken on
Onthwaite's amendment; Lost. l29 20 l44.
The vote vas then taken on Bland's sub
stituts. No attempt TO break the quorum
was made on the vote. and she Bland sub
stituts was adopted, III 30 ninety-siH. Be
fore the vote could be taken. Tracey. of
New York. moved TO recommit the bill
without instructions 80 the oommittse on
coinage. weights and measures. The mo-
tion 20 Tseommit was defeated, l32 20 l62.
The vote was then taken on tho anal vas
sage Of the bill. and 1t Was passed, los 20
1El