The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-03-14

should have been set apart and the gain
or selgniOrage turned INTO the treasury.
10 be used by the government for its own
benefit"
MIR. Lindsay said that there was going
to be, under this bill, no sudden change,
no immediate reversal of the treasury
policy. There was going To be no sudden
expansion of the currency. Not more
than $1,000, 600, or s. .OOO.C0 per month
would be coined into legal tender dollars
ana turned into the treasury. The eX-
panSlon al the end of two Years would be
only $50, 000,000 As the treasury notes
that were to be issued in advance of the
coinage would be redeemed by the silver
dollars aud retired, there was nothing
IN the Dill that would remove gold, or
the equivalent Of gold, from circulation.
PRESSED UNDER FALSE PRErENsEs.
MIR. DOlph, rep. of Oregon. opposed the
DILL and said that it was presented and
pressed under false pretenses. Those
senator's who favored it were largely
those who favored the free coinage of
silver, II was a reckless proposition 10
increase the coinage of standard silver
dollars, or the issue of silver certificates,
without adequate provision for their re
demptlOn or for their maintenance in the
circulation on parity with gold. The
Dill was 10 direct conflict with the decla-
ration OF policy in the act repeating the
silver purchase clauses of the Sher-
man law, that policy beng the
MAINTAINING of parity between gold and
silver. 1t showed that those who ia
Vored 1t were quite willing to place the
country a once on silver standard. The
passage of the bill wolld not, he said.
benefit the silver industry in the least:
but on the contrary, its tendency would
be todepreciate silver still further. There
was now 316,00O,0O0 Of silver dollars lying
Idle IN the treasury, which could not be
forced into circulation; and why, he
asked, increase that amount!
lie did not believe that
President Cleveland would sign
the bill, and he would not believe it until
1t had actually received the Presidents
approval and signature.
SILVER MEN OBJECT.
Various attempts were made by Messrs.
Stewart, of Nevada, Allen. of Nebraska,
and PETER, of Kansas, to correct some
statements in relation to the pOpulist
party; but Mr. Dolph declined TO permit
any interruptions, as he said he had an
Imperative engagement at O'Clock. He
went on to read portions of extracts from
various publications. among them a book
called cheap money" which extracts he
said he would have published in the
Record
To this Mr. Harris objected, asking,
satirically, whether the senator wanted to
put whole library-i in the Record2
Mr.. Hoar suggested that Mr. Harris
might relieve the senator's from Oregon
by reading the extracts, but Mr.. Harris
preferred to let the senator from Massa-
chusetts do so, as he was a remarkably
good reader
Mr.. Allen also objected to the publica-
tion in the Record of anything not read,
particularly of extracts from the work
cheap money" which he denounced as
VIGOROUSLY false from beginning o end J."
Mr.. Dolph, however, seemed determined
to carry his point; and so he began to
read the extracts in order to have the
right to put them in the Record. But in
that he was thwarted by Mr.. Hoar, who
suggested the point of no quorum A call
of the roll secured the presence of only
thirty-siX senator's, and so the Senate at
$50 o'clock ad burned, leaving Mr..
Dolph's speech unfinished.