The Providence news. (Providence [R.I.]) 1891-1906, 1894-12-19
COIN NOTES.
BIand's Scheme for Helping
the Treasury.
CIoture, Nicaragua and Sugar the
Topics Which Occupied Attention.

now before the house Of representatives,
and substitute therefor measure he has
prepared for a currency system based on
coin ani coin notes.
/, Mr.. BANDS plan does not Interfere
with the existing national bank system,
but instead OF allowing banks 20 issue
notes, ns the Carlisle plan proposed, Mr..
Bland proposes that the government Issue
the notes. calling them coin notes. These
ore 10 be redeemed A. gold and silver coin,
and the government Is 10 coin both metals.
The Band measure would have been
Offered as n substitute for the pending
bill, but as Mr.. Walker OF Massachusetts,
has given notice OF presenting substi'
tute embodying tho Republican view OF
the suhjrct. Mr. Bland's plan will be Of
fersd in connection with motion to
strike out ali after tho enacting clause.
The Bland bill provides for the free coin
nge Of silver and for the deposit OF gold
aud silver bullion and the issuance OF
legal tender notes upon 10. The bullion Is
To be subs qucntly coined and the coin
notes arc TO be redeemed In gold or silver
without discrimination, as may be most
advantageous TO the government. Pro-
vision Is also made for issuing coin notes
on standard silver coin. All the out
standing gold and silver certificates are to
be retired aud ooin notes are to be sub
stituted therefor.
Provision Is also made for the redemp-
tion OF outstanding grecnbacks and treas
ury notes In gold and silver coin without
disc crimination. An emergency fund Is
created SO that, in case OF panic or money
etrngency, tho secretary OF the treasury
hnay, on deposit OF United States interest
bearing bonds, issue to depositors of the
bonds coin notes Interest on such bonds Is
20 go 10 the government while they are on
deposit, and. should they mature while on
deposit, they are TO be cancelled.
Debate Was Dull.
The debate on the Carlisle currency bill
begun In the house yesterday, but the
opening OF tho debate was disappoint-
ment. IL lacked both spirit and interest
and was devoid OF sensational features.
Mr.. Springer, the chairman OF the bank
Ing and currency committee, who made
the nrst speech In support Of the measure,
gave plain statement OF its objects. Its
"details, and gavc review of the argu-
ments In It's favor on tho lines Of those
contained in the report.
Mr.. Walker, the leader Of tho minority
OF tho committee, devoted most of his
time 10 an elaboration OF his own bill. He
was incisivc, emphatic and aggressive and
the house gave him close attention.
An effort to agree upon the limitations
of the debate failed. and 1t will probably
be allowed 10 run on for the, remainder Of
the week Without a vote. After the holi-
days the committee on rules will, unless
the measure loses caste in the meantime,
bring in rule to close debate and force
vote.
-nolph- reported adversely on the
house general land grant forfeiture bill.
Mr.. Lodge introduced resolution CALI
Ing on the president for the correspondence
In the oxtradition case of General Ezeta,
and asked Tor its present consideration,
but Mr.. Gray Oem) objected.
The house committee on military af-
fairs agreed to favorable report on tho
bill establishing national military park
at Gettysburg, Pa, and appropriating
sl0O, 900 therefor.
Hiii Pleads For Cioture.
Another resolution providing for union
with Canada made oss appearance in the
senate, having been introduced by Mr..
Gsllinger, who stated that he would do
everything in his power at any time to
further the consummation OF such union.
Senator Hill delivered speech on his
proposition for aS rule to close debate,
which was listened TO with close attention
by many OF the senator's. Mr.. Hill said:
1T Is an open secret, or at least 1t Is
largely believed, that during the recent
tariff debate many concessions were made
and amendments accepted to the bill for
the very purpose of averting interminable
debate, which was threatened or proposed
by some Of ~ minority.
"Howcvcr this may have been, It may be
safely asserted that the tariff bill. as
finally perfected, would have been mate
rally different in many particulars had
there existed In our rules some appro-
pirate provision whereby a majority could
have fixed an early date for a final vote
thereon"
The senator also argued In favor of
counting quorum, and closed by declar-
Ing that no silly cry of gag law should
prevent amendment TO the rules
The Nicaragua Canal.
There was some discussion OF the change
Of rules by Senators Hoar and Aldrich,
but Mt o'clock the Nicaragua canal bill
was taken up. Mr.. Turpie continued his
speech in denunciation OF the bill, declar-
ing that IL appeared to him to have every
indication Of gorgeous bubble.
In beginning his speech, Senator Turpie
introduced several amendments to the
pending bill, tho most important Of which
was the following: mo part of the con-
tract for said work shall be let to the Mic
arngua Construction company, nor to any
other corporation associated with or allied
TO or legally succeeding the said Nicaragua
Canal Construction company. Contracts
on said work shall be let only by the Mari.
time Canal company Of Nicaragua, aud
shall be settled and paid for only by tho
officers Of said company, subject only to
such prior inspection Of the said work In
sections as completed as congress may
hereafter provide, and subject TO the pre-
vious approval of the secretary OF war.
An urgent deficiency bill, approprlat.ng
100000 for public printing and binding,
was passed.
Sugar Again.
Vest was engaged the greater
part of the day In trying TO find an open.
ing for the revival OF his effort to got vi
the bill rking uut he d ffcrcntial dut,
a -