The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1894-06-03
BRAWLEY'S BILL.
Several Speeches Made Upon it in
the House.

WASHINGTON, June "a resolution intro
duced by Mr.. Goldzier, calling on the
commissioners of the District of Columbia
for an explanation of their recent action
in reducing the wages OF unskllled laoor-
ers, occupied some time in the House TO-
day after the opening A filibuster was
started, not out Of any opposluon 10 the
resolution, but because it did not go lar
enough, and include in its inquiry otner
places than Washington, and the reso-
luton was finally sent to the committee
on District of Columbia
Two private bills were passed, one 10
pension Mary Leavens. and the other for
the relief of Thomas z. Reed.
The Senate bill to donate TO the county
of Laramie, Wyo certain bridges on the
abandoned Fort Laramie military reser-
walton was passed; also the House bill TO
authorize the construction OF a passenger
and wagon bridge across the sou SCUM mo- OF
Goldzier, Illinois, offered a. resolution
to inquire whether the commissioners OIL
Columbia had reduced the pay Of I'M
skilled labor and if so, why. He did not
believe, he said, in taking the bread out
of the mouths OF the poorest WORKERS IN
times of stringency. He refused to accept
the amendment offered to. extend the in
curry to include all federal employees.
Newland, Nevada, expressed the belief
that this was not time for retrenchment
but for extravaganza by the government
Goldzier pressed the motion for the pre-
vious question and the filibuster started.
Kilgore moved that the resolution be
referred to the committee on the District
The House then went into committee OF
the whole. Isler, of Sonth Carolina, resuna-
ed his speech in favor of the Brawley
AT the conclusion of Mr.. Isler's speech,
Mr.. Hall. OemocraD, of Minnesota, made
few remarks in opposition TO the Dill
and Mr.. Warner CDemocrat), Of New YORK,
followed.
the condition of our financial affairs last
summer had demonstrated the worthless
ness of our bank note currency system
The increase of our currency by additions
to national bank circulation during the
cent, and was less than half the amount
by which the banks of a single city Vir-
tually increased it by clearing house cert-
ficates alone-less than half the amount
by which individual buying gold in Europe.
The almost frenzied efforts of the national
banks were utterly futile in bringing ma
terial assistance until after the crisis had
passed; and the result of their attempt
to aid US has been to keep the volume of
national bank currency outstanding during
the past five months, with the amount of
ever been before, at the highest 1t had
reached in five years. And this is not all.
The law permits but s3,0O0.000 contraction
monthly in any event 1t will not be
possible. therefore. to get back to a normal
basis before the annual stringency. due
next September, and probably not before
d I,
therefore, except security, our national
bank currency system has proved a most
striking example of what such currency
ought 10 be. It was to such a dead fetch
that our stricken business appealed when
caught in the panic of August last. 1t was
stolid and helpless. and they were forced
to help themselves, albeit. the law for
more conclusive proof of the self-reliance
of our citizens ana the superiority of
business expedients over government di-
4 L i'll ~Io% q
delegate from the northwest to the Chi
cago convention who argued the inclusion
of the state tax repeal plank in the plat
form. He cited a number of conserva tive
and well-known financiers who favored the
| state bank currency, including ex-Secre-
tary of the Treasury Fairchild. Proceed
| ing he added:
II hold in nv hands d communication
received but a few days since. signed by
| the representatives of banks involving
| three-fourths of the clearing house CAPT
| tai and a large percentage of the deposits
and discount business of New York city
and including the representatives Of nearly
| every leading national bank IN that city
the very Institutions whose hostility has
| been assumed. or whose acqufescence has
been credited to a desire for wildcat cur
rency.
| the reinstatement of our state bank cur
| rency or the repeal of the 10 per cent
tax, it simply suggests that in the regard
| by provisions under act of Congress pro
| viding official examination and report 81
| The condition OF the issuing banks as shall
| properly inform the public
In conclusion Mr.. Warner said:
''Al we ask is that you do not shut US
| cut from cooperation by insistence upon
\ such details or refusal to remedy such
| defects as shall compel US to stand aloof
| If you insist upon this, we believe you
| will fail. Should you succeed in this, we
believe you will later realize that the
effect has been to obstruet rather thar
| promote practical legislation. Should yoJ
| succeed in putting upon the statute books
such a proposition as that you now urge
| we believe that you will find that yoJ
| have thereby prevented the communities
| IN which you are most interested from tbs
possibility of sharing in the benefits which
would arise from a proper currency sys
| EN-
Following Mr.. Warner, Messrs. Lester