The times. [volume] (Richmond, Va.) 1890-1903, 1894-02-14

Representatives from Texas and Ai"""''"
Advocate IL.

ana approved the fiaWdiiah W.
ence sent to the House yesterday al'e'
noon, which arrived during the aenHei'
OF eulogics upon the late Senator Stan-
ford. was read. al the suggestion Of MI
Burrows (Rep., Mich). and referIeo ~
the Committee on Foreign Anfaifs'
Air. Hit Rcp., iil.) asked If the cleIN
had not omitted TO read the letter lIV'.i
President Dole 70 Minister Wiiiis' Wh'O"
was referred 10 In the correspondent
The clerk stated that he had read all the
papers which had been submitted
An effort was made TO take UP ihe Co"
tested election case OF Whauey asai".' as
Cobb from the Fifth Aiaonina uls',,o IA
but Sir. Taylor Dem. lnd', VINO na" %
the matter in charge. would not press 'he
question Of privilege.
The Soigniorags Bill.
rhe seienioragc bill was taken up anu
Asr BLAND asked unanimous consent 'na'
general debate should close to-n'o,roM a.
&c made on the Republican side, anu
tho,.e v0as a demand for the rrguiar or
dcr Accordingly. the seigniorage bill was
taken under consideration, ana M MI
gore resumed the remarks which he hao
begun last Friday. He favored the DILL
and said that its effect would be 10 re-
move the pressure which now preValis
upon the gold reserve and place Poi-
iion of IT upon silver, where IT properly
belonged This would better aid the Gov
ernment in maintaining TIE parity between
the metals. Notwithstanding the wide va
| Rance i'm their value as commercial COM
| modiues.
Mr.. Bell O)em.. Tex) spoke In favor
/ of the bill. He compared the hnahcai
policy OF the present administration Win
| that which preceded it, and held that tne
| remarkable extravaganza whlch preVah-
| cd prior TO Mr. Cleveand's Inauguration
] ,yss resnonsible for. the depression which
| followed and now rendered necessary
! the issuance of bonds or money win
which 10 provide funds for the payment
| OF current expenses. lie Thought IL Det-
ter to Issue money than TO sell pohus'
which would pass into the hands or ma
! tional banks and become an adai'ohat
drain upon the gold reserve. he though1
the issuance Of paper money IN ,he s"ap'
OF greenbacks preferable to SILVER GER
tihcates. 49,
| Mr. johnson (Rep., y. ID opposed 'he
bill. He favored the coming OF selgnior-
age and bullion in the Treasury. but ne
regarded the pending measure as decep-
tive. misleading and destructive III Jus
effects. Its real purpose ana result "ou,u
be to withdraw Treasury notes ana sun
stitute for them silver certificates II
vonld NOT only destroy the parity be-
tween gold and silver but wouio
disturb the parity between the dinerT'
kinds of paper money now III circuia'
tiOn.
Alabamians Favor the Bill
Mr.. Bankhead Dem, Ala) spoke j
favor of the bill. He did not believe j
( ,ossIhle that the Secretary of the Treas
! urv could accumulate and maintain
! s,,fscient volume of gold with which u
5 ! redeem currency and he thought Una
: silver should also be made availabi'
G for purposc Of redemption. The price
commodities and silver, ne salu' ha
!, gone hand in hand for twenty years ~
ounce OF silver to-day would purchas
u lust as many pounds Of wheat or cori
as il would when the market price va
= a % per ounce. But an ounce OF eo'
y womb now buy double the amount OF IN
" neccssaries Of life that ii did twent
= wears ago The fact remained mat ei'he
"a gold had advanced or silver had peen N ie
> I duced i'm value. If under the cohui1lVn
e 49, now exist It became necesslt
y g., mo United States to have singl
) standard he would prefer silver to golS
- lie hoped that free coinage bill woui
," bo introduced and passed. lie cohsiueIe
~ sheer nonsense the assertion that io'
(" eion bullion would deluge TINS couhli
- in the event Of free coinage Delns es'a'
-, lished. He did not believe that there wa
- any considerable amount OF surplus pu
1e lion, but even il II eAiS'0"' 'O' -
r. and be coined ea a.
'' ' AZ, benson Qem., Ala.) favored III
's ,tm lie said that financial depressio
-, aoected only the laboring man ana il
.r dustrial classes. The rich were eAeml
I'M from the evil effects Of hard times. III
an ,eneal OF the Sherman act had brousi
q nn relief. but the condition OF the poo
r had steadily grown worse.
IN To Try to Close Debate To-Day
Mr. Diand called attention TO the IA
,hst all OF the speakers had asked pc
"a mission 10 continue their remarks III u
as record. and he hoped no further I
e. quests would be made.
ds Nr Hatch dn the chair) Informed IN
ed that the list Of speakers at present ei
hraced more than forty names.
NJ Pland stated that he would try and
cure an agreement by which general q
O. ,e,o would close at o'clock to-morrC
n afternoon. ~, ,.,.,..., d.
" hill He favored the free and unlimit
?' coinage OF silver, and never expected
b" see the time when he would not vote
OF onv nroposition calculated 70 increase |
at coinage of silver lie thought that I
=" sherman act should be carried INTO u
''i / act TO the extent VI N"Ni"S t'''' '''
las certificates shall be redeemed as u
I'm nrovided for. He believed that uni
Ied certain changes were madc IN the p"hu
lat bilI. the Secretary OF the treasury "o
he find il beyond his power To redeem a
10 sherman notes until after the coin'
let of the seigniorage had been completed.
MIR. Bland stated that he had prepa
vas an amendment which would obviate
lsh objection made by Mr.. Culberson-
At the conclusion of Mr. Culberso
hd' remarks. Mr. Bland asked uhanim
ne consent that general debate shall cl
UP at 4 O'Clock tomorrow afternoon. but
'"o lection was made.
on Mr. Warner Dem, n. Y) opposed
-. bill.
,o Mr.. Bland Offers an Amendment
OF MIR. Bland offered an amendment
ms. section 2 of the pending bill, changing
10 phrascoiogy 30 as 10 provide that
!, | fast as the bullion shall be coined,
ish the redemption of said notes. the mo
ote shall not be re-issued. but shall be c
ing celed and destroyed in amounts equal
the coin held at any time In the Treas
derived from the coinage herein |
vas | yided for
be This change does not interfere win
ian | redemption OF Sherman notes with sill
a dollars, and their cancellation.
Ia AT 4:55 the House adjourned.
9Th
ght The Historic Alamos Build ne.
a. SAN ANTONIO. TEN. Feb. lS.-F
I,ea c. Q. A. Rose. president of the
the Antonio Relief Society, has obtained
- <n,eant of fhe civ COffficii 10 give W