Capital journal. (Salem, Or.) 1893-1895, 1895-12-30
CONGRESSIONAL WORK.

CGCs OOs-l uS ClOSl
hours Of the debate today were lacking
10 spirit, aud there was practically IL,
excitement until the vote was taken
The margin Of "a by which the fret
section of the hill, against which tn
Republican oppC nents Of the measure
massed their opposition, was passed,
showed that the friends Of the measur,
had marshalled every vote In its favor
AVAILABLE. AS it was, AZ Republicans
refused to act with the majority Of
their party, The Populists and Demo
Gratis, with the exception of HutchisoD,
who voted for the bill, presented an
unbrOken front against the bill.
The bill, as passed, amends The
resumption act, so as to permit the
issue OF 9 per cent coin bonds, redeem
able after i've years, at the pleasure oi
The government and payable In Is
years, with the specific provision thai
nothing In the bill shall be oon
'trued TO repeal the act OF 1873 for the
nissue of tile green backs, and that the
bonds shall hrst be offered for subscrlp
Ton at the sub.treasuries of the United
States.
The second section Of the bill pro-
rides for the issue Of three. year per
cent debt certificates Of denominations
Of $40 aud multiples thereof, In
amounts not exceeding 100000 900 TO
meet temporary deficiencies.
When the house convened only three
hours remained for debate on the bond
bill. The vote, by the terms Of the
rule under which the house was oper-
Atlng was to be taken at 8 o'clock.
The attendance was large.
Brosius opened the debate In favor OF
the bill. This was the only country on
the globe he said, where gold redemp-
lion had neither qualification or limita-
ton, and where the treasury was with
out pD wer to resist the excursions OF
foreign gold grabbers or domestic specu
htOrs.
Parker favored the bill a. good bus
Iness measure, while McLaurin opposed
Il because It would increase the burden
Of people already taxridden, and
would tend to legallEe a series OF
usurpations OF power by the secre-
tar Of the treasury. II the secretary,
be said, would use his discretion and
redeem notes in silver, the gold raid
would stop and new hopes would b'
Infused into the Democratic party, nov
crushed by the financial policy Of the
administration.
Cannon, In support OF the measure
declared that IL wasa bill to maiDtaiI
specie payments which had 0eeu
resumed under the wiPe direction O
the Republican party, aud then saio;
"YOu on the other side will vot'
against this bill; those In favor OF l6 u
], because you want TO impair th'
credit Of the country aud forces us to
silver basis; those who support the Ad
mlnistrAtion, because II wants gol'
DOnds. We, in our Judgment an
Patriotism, stand ready to pass thi
bill lfit lie rejected by the senate O
The president, we shall At least hav
east our mite toward the protection
The public credit and have given
prophecy Of what We shall do when "
come into full power in 1897"
Bartlett announced his opinion thi
the passage OF the pending bill, instes
strengthening the financial Sbiiit
aud cr' dit Of the gOverOmeDt, woul
lead to further panic. and avowed tbs
De was for the maintenance OF the R0
standard until the powers Of the wor
agreed TO the coinage Of silver.
Tawney. q member OF the ways al
means committee, in support OF a
Oil. called attention 10 the president
urgent appeal TO congress 10 do som
ming before adjOurnlng. The pres
@Dl knew, aud everybody knew, ID
gold bonds would not b authorized