Santa Fe daily New Mexican. [volume] (Santa Fe, N.M.) 1885-1897, 1895-02-14
THE NATIONAL CAPITAL.
Bond Question Before the HOuse-sec.
Carlisle Replies to senator Cor
man-COnflicting Views Of Colo
RADIO and New Mexico
Miners.

Washington, Feb. 14.-The house com
mittee on rules decided to make the bono
resolution from the ways and meant
committee the special order for the day
with an agreement that vote should be
taken at s p. m. The resolution does moi
provide for any amendments or substi
tutes and under its terms no vote can be
taken except upon the direct question.
HOUSE ADOPTED THE RULE.
The house to-day adopted by vote OF
152 to 20 the special order reported by
the rules committee providing that the
day be devoted to debate on the bond
resolution, vote to be taken at p. m.
The speaker announced that Mr.. vii.
son and Mr.. Reed in the affirmative and
Mr.. Hopkins and Mr.. Bryan in the mega.
tive, all members of the ways and means
committee, would be permitted to CON-
troll four honrs of the time allotted for
the debate (tWo hours each .side) and that
one hour would be given 70 general de.
bate under the five minute rule.
BOND RESOLUTION DOOMED.
Careful inquiry about the house indi-
Gates that the bond resolution will proba-
bly, be defeated by a majority larger
even than that on the Springer bill.
DEFEATED AGAIN.
The bond resolution was defeated
yeas, 109; nays 157.
CONFLICTING PETITIONS FROM COLORADO
AND NEW MEXICO.
Representative Bell to-day presented
petitions from Red Cliff and Spencer,
Colo, protesting against any further sus-
pension Of assessment work on mining
claims.
Delegate Joseph, on the other hand,
presented lengthy petition of citizens
OF New Mexico for exemption from as
sessment work during 1895.
sILvEB's SENATE FRIENDS.
The senate finance committees amend
ment, reported by vote of 6 to s, pro-
vides:
"That from and after the passage of
this act, the secretary of the treasury is
hereby authorized ard directed to receive
at any United States mint from any citi-
zen of the United States silver bullion of
standard tineness and coin the came into
silver dollars of 41213 grains each. The
seigniorage of said bullion shall belong
to the United states and shall be the diff
ference between the coinage value thereof
and the market price of bullion in New
York on the date presentation is made
and all expenditures for coinage done
under the provisions of this act shall be
paid out of said seigniorage and the Sec
ratnrv nf tho troo IN chon laliunv k<, 10
depositors of such bullion standard silver
dollars equal in amount to the price
thereof as aforesaid; and whenever said
coin, herein provided for, shall be re-
ceived into the treasury, certificates may
be issued thereon in the manner now pro-
vided by law"
The vote on the motion to report this
section as amended was as follows:
Yeas-Vorhees, Harris, Vest, Jones, of
Arkansas, Jones, of Nevada, White.
Nays-McPherson, Morrill, Sherman,
Allison and Aldrich.
1t was also agreed TO hold a special
meeting tomorrow for RECOMMENDATION
of the bill removing the differential duty
of one-tenth of cent on sugar imported
from bounty paying countries.
bEChETARY CARLIBLE8 REPLY.
Secretary Carlisle to-day sent to the
senate his reply to the resolution intro
duced by Senator German asking for in
formation as to what portion of the gold
reserve in the treasury on January l,
1898, had been used for concurrent ex-
penditures, how much of the funds real
lied from from the recent sales of bonds
had been so used, and the amount re-
quired to replace the money 80 used.
The secretary says that the original re-
serve, augmented by the gold proceeds
of the sales of bonds, was diminished
during twenty -fve months to the extent
Of $l72,674,315, of which $1O5,OO2, ,143
was directly or indirectly devoted to cur
rent expenses, and that $67,672,172, con-
verted into notes by the process of re-
redemption, was still on hand.
ut is proper to state in this connec-
tien," says the secretary, shat when the
United States notes or treasury notes of
1890
WERE REDEEMED IN GOLD
that they were received into and held as
. part Of the general cash assets in the
treasury the same as any other money
belonging to the government, and under
the acts of May 81, 1878, and July IA,
1890, they are paid out when necessary to
defray public expenses.
Whenever il has been possible to do
so, the redeemed notes have been used to
procure gold coin by exchange with
banks and other financial institutions,
and in this way large amount of gold
was restored to the gold reserve fund
during the summer of 1898, and some
since that time"
uSDI y N a n N wrvysn