New-York tribune., 1894-03-15
"VACUUM BILL" WILL PASS.
THE MOTION TO RECONSIDER ITS THIRD
READING DEFEATED.

ONLY SIX DEMOCRATS VOTED FOR Ir-m
GoRMAN DoDGEs-A MAJORITY OF EIGHT
OR TEN EXPECTED TO-DAY.
Ipr TELEGRAPH TO THE TRIBUyE.i
Washington. March 1.-THE Senate to-day a1A
frmed the "sn .p' action taken by the silver
managers last week in "railroadng' Mr.. Blands
Vacuum Coinage" bill to third reading by re-
fusing either TO reconsider the vote by which the
bill was ordered engrossed and read for the third
time or TO recommit the measure to the FINANCE
Committee to allow its confessed ambiguiues 10
be corrected. The vote on Mr.. Allisons motion to
reconsider was twenty-eight in the affirmative 70
forty-fve in the Notwithstanding the unusual
majority of seventeen the silver side. On the
motion to recommit the bill for correction made
by Mr. Manlerson the vote was practically the
ACKNOWLEDGEMENTS to forty-four The Repuo-
lican friends OF sound money who had secured
the massage CT the Sherman Repeal act last
October found themselves deserted on to-days
two rollcalls by all but eight OF their Democrauo
allies The only Democrats who voted either 10
reconsider or to reoOmmit were Messrs. ohii'"
and Mcpherson, Of New-Jersey; Brice, OF ohlo'
Palmer Of Illinois; Mitchell and Villas, OF WIS
consn and Caffery. Of Louisiana. Mr. Gray OK
Delaware though absent, was paired with iree-
silver Democrat, Mr. George, OF MISSISSIPPI Inc
two New-Yock Senators. Gibson, or Maryiaho'
Lindsay. of Kentucky; Voorhees, and Turpie, OF
Indiana: Faulkner and Camden. OF West Wiz
einia: Hunton. Of Virginia; Ransom OF North
Caro,,ra. Gordon. of Georgia and Mills, Of Texas.
twelve in all. who favored repeal last fall, de-
sarted to the silver-infation side to-day. Mr.
White Of louisiana a consistent friend OF sound
money has been succeeded IN the Senate py Mr'
blanchard who cast his maiden vote this ai'er-
noon with the silver combination. Mr.. Gorfnah
avoided putting himself on record, being ABSENT
and impaired
Tho two votes taken this afternoon indicate
that the bill will pass tomorrow by saie ma
ioritv although three or four OF the senators
who have so far done all they could 10 heip 'ha
measure to success may not dare on the iiiai
di,sion n give Il their open and unqualified
sunnort It Is not expected, for instance, that
tho New-York Senator's will continue with the
silver combination on the final roilcall' thouen
they may follow Mr.. Gorman's example OF this
afternoon and dodge record entirely. me
hill seems sure however. Of a majority OF az
least eight ten
The chief speech made to-day on the vacuum
Coinage" measure was that OF Mr.. George who
favored the bill but devoted most OF his time TO
an elaborate denial Of Secretary Carlisles right
~ float the $50 900 issue Of bonds sold in JAM
uary last.
Mr. Teller Rep, COLI was the first speaker.
He argued in support Of the BILL lie denieo
the assumption OF Mr.. Sherman and other sem
ators that the Act Of 1890 left the coinage OF
a,lver 70 the discretion Of the Secretary Of the
Treasury; and he declared that the act was
| mandatory and that under 1t the secretary
| should coin as many silver dollars as ne hao
issued Treasury notes II sl550oo,coo OF Treas
urv notes had been issued. then $150Oooooo OK
r1-t 49, vala 1ntfn n ~
| OF the Treasury notes.
He asserted that the difference between the pur.
chase price of the silver bullion and Its mint
value should be put into money and used for
! current expenses-because the act declared that
the seIgniorage should be turned into the Treas
| ury: and he also argued that the proper exc
cutlon of the law required that there should be
! for every dollar of Treasury notes silver dollar
! living in the Treasury, ready to be paid out 10
the man who demanded 1t in exchange for
| Treasury notes
Mr. Teller went on TO say that he would not
consider it very great disaster II the country
were on silver basis II was on gold basis
now and the condition Of the country was not a
happy one. II notorious fact that coun-
tries which used silver as standard money only
were in better condition than the United states
was in.
This was the only country III the Wollu' t"t'
| Teller said whose legislators deprecated It's
| money why was II that France could float eight
or nine hundred millions of silver money? 1t
was because no Frenchman ever dared TO stand
up in a legislative body of that country and de-
clare that the money of the country was nos
good money 1t was left for this country alone
! TO haze its legislative members repudiate me
Government money Since 1873 there had been
| continued attempt by the Treasury Department 10
depreciate the silver money Of the country. All the
| great commercial and banking agencies or the
country led or supported by the great metropolitan
| press had been endeavOring to make the people
believe that silver was unfit for money and that II
would NOT discharge money duty. The Senator'S
from Ohio. Wisconsin and Oregon Oessrs. Sher-
man. Villas and Dolph) had told the Senate that
| the American silver dollar was forty-hve-cent
dollar
But" Mr. Teller asked "has It anywhere failed
| to buy one hundred cents worth Of anything
which ANYBODY has to sell? II is true that. meas
ured in gold. it will only bring forty-ilVe cents.
but measured in commodities, 1t Will buy slxty
/ per cent more Of wheat OF corn and or cotton
than it did in 1872. 1t is dollar which Is as
good gold. . =.
Mr. George dem. Missl argued in support OF
| ncially drawn. inapt in expression ana win some
ambiguity In it," 1t was not he said tree
| coinage measure lie wished that ii were II there
was any chance Of it's becoming law. The bill
| proposed only require in specific terms the
| coinage of silver already purchased aiready
| owned by the government ana aireauy ieq"'eo
by law 10 be coined.
While Mr. George was still speaking the hour
Of . o'clock arrived; and then Mr. Harris tDem.
Tenn) rose and demanded (n accordance with
the terms OF the unanimous consent>- the vote
to be taken on Mr. Allison's motion TO reconsider
the vote ordering the bill To third reading.
The vote was taken and the motion was dis
agreed to-yeas. 2S: nays, A..
The following is the detailed vote:
yaas-Messrs Aidrch Allison Brice. Caffery,
Carey Chandler. Cuom. Davis. Dolph. Frye. CAL
inger Hale, Hawley Hoar, Lodge McAiillan Nc Nc
palmer. Proctor. Quay Smith. Stockbrdge, |iias'
Washhurn, Wilson's - ,,
N.vs"Messrs Allen. Bate. Berry Blackburn.
blanchard. Butler Call. Camden. Cockrel coke.
Colqutt. Daniel. Dubois Faulkner. Gibson, Eora99n'
JJapshrough Harris, HILL Irby, Jones tArk.), Kyle.