Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1894-02-10

THE RESERVE FUND is INTACT.
Voorhees, says the ranT Bin wpl be
Reported Practically as TIN
House Passed lt--rexas
Matters and Anairs
ut the Capital.

BY Associated Press.
Washington, Feb. 0.--'rhe entire day |
was consumed IN the house in the de-
bate on the Bland seigniorage bill, the |
speakers being Alessrs, Bland. g. w.
Stone of Pennsylvania, McHeighan, llar
| ter and Kilgore The debate will be in
tcrrupted tomorrow ct . o'clock by q
special order setting aside the rest of The
day for eulogies upon the late Represen'
tative O'Neih of Pennsylvania. |, is
| expected that the vote on the bin viii
DO reached by Tuesday at farthest ans
Mr. Bland is confident It will pass.
Mr. Bland resumed his speech begun
yesterday. He declared 1t was only
necessary to keep enough gold in the
treasury TO meet foreign exchanges. INV
der the sherman law, he insisted, every
dollar of treasury notes outstanding was
rcdeemablc IN silver And if vert
secretary Of The treasury | should su
hold, | would moi use my discretion iu
tho interest Of the gold gamblers 10 tie
country This bill, however, does not 50
SO far as the sherman hill IN this resnecu
| II only provides that having boon re
deemed lin gold or 0therwlsel these noi,s
shall not be rp-issued but shall hp de-
siroyed, and coin shall take their place
In other words, The holders will no lnngeg
be able 10 force their redemption acnin
and g,.sin in gold"
@. W. Stone Of Pennsylvania. who Is
at the head of the minority committee
on coinage weights aud measures r.
piled 10 Mr.. Bland, lie agreed he
said, with Mr.. Bland. that II tho first
section Of the bill were TO De passed The
second section should be-. III we are
prepared to agree 10 d practical pnhezzl,-
ment of trust fund IN the first see
ton we should not hesitate nj the irreg-
ulnrity contained in he second section
He ccntended that there was no exist
ing sclgniorage, that II was purely iuag-
mary as yet. The soigniorage. he said.
was profit arising 20 the government out
of the coinage on bullion; hut the bullion
not having been coined, ihcre was no
seignioagc, Ihore might he IN time,
: but there was not now.
Mr.. Juhnson, speaking of tile silver
question, declared himself IN favor Of
, n larger use OF silver II an international
agreement could be reached, He RI
ferred To ihu disturbance Ia England
and Prussia over silver, Europe said
he 'is walking the floor. Let rs pnr
sue the Fabian policy 'of non-action, and
Z. we can make terms for the use OF sill
D YER"
{ MIR. MclSciglcn Popnlist made J. free
silver argument 4 gold basis and high
: tariff he said. were discriminating for
the Western interest "lf had the
mower" declared he II would strike
down the tariff that protects the East
and force il into competition with Inc
West. as the East forces MS into com'
petition"
He went Oh 10 indorse the scigniornge
q A. the conclusion of Mr.. McIioighnn'.
e speccb Mr.. anrter. Democrat vi Ohio
g look the floor On opposition tp The bill,
2 There was. he snid. little place for SON
I timqnt In Inc discussion OF this bl bui
ehindnni nniinfitniify. 4,,r. ibe EXERCISE oil
II common sense. The United states had
% hid goodbye TO the coinage Of silver
ID That question had been settled and IL
70 hoped II would not be rcopened by q
N Democratic congress- Tile question
n ought 10 be settle in q husiness'llke man
Il ner There was d safe aud easy way
ont of the difficulty There was at pres
put a deficiency IN the revenues and n
increase in the expenditures Their,
We're three means of relieving the treas
u nry, any of which would snllice. mrs
was to reduce salaries 20 Der cent. IN
GLIDING members Of congress. Srconi
was q duty on sugar winch would pro
q vide S3J,OOOOOO. and TURNER increns'
IN Of the whisky tax to 81 ~ q gallon
20 which would furnish S2pWpNlO, TN
IN increase OF the tax on beer 10 =, ana
u duty on tea and coffee. ~ OF l-lVtl
Of of a cent per cup on tea ana c9llce, n
n said. would yield revenue OF Sz9,oO'
re 900. me third Mns oy lue hesou"uol
In speaking of the coinage OF silvc
Mr.. Harter called attention 10 ne iee
that In tweniy-iour years w iothl YAM
Of silver In the treasury had fahen on ~
Is OOOOO. e,,
r Papers today said Mr.. Sibiey, intol
/. rupiing Mr.. Harter. announce that "
o. yer had Foucned ne l0N'Hl pYint 70 J,
ig history, and the same paper, add tia
l. wheat WAS never 20 low wheat an
d silver have maintained o parity N
Il gentleman from Ohio told the mousse la'
~ summer that the reDea. Of the Sherna
~ law would be followed by a revival q
y. prosperity and high prices.
le propheey." said Mr.. Bland, supplement