The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1895-01-30

ing nesting OF the senate france com
mirtee the various PROPOSITIONS embodied
In the Jones. Vest, Mcpherson, Smith and
Sherman bills were gone over. ana there
We're Soa7zs iizdE5atssons. toward the c,Dse
OF the meeting, that il msght be poss ibae
to secure majority vote on q modidca-
ton Of the Jones 6iH There Was no vote
on any proposition, however. and the ex-
preston of opinion was not clear enough
to render ii certain what wousd be the
outcome OF the afternoon meeting. the
committee having agreed 10 meet again
81 p "a Jones tofd the committee that
there WAS no disposition to unite on
the Hines Of his bsai. or any other measure,
ne would ask leave to report his biH that
II might be brought before the sena4e for
action No disposition was shown In COM
raittee TO accept the Recommendation OF
the president.
The proposition outlined by him for gold
bonds was not received with favor by a
majority CT the Democratic members. and
even the Republican members were aserse
TO committing themselves to bonds OF
such duration as the president recon-
meuis. The Republicans again indicated
granting authority for loan on notes
OF two or three years time. of sufficient
volume to relieve the treasury from its
present distress. but not TO so further at
the present time.
The proceedings of the afternoon ses-
sion In the committee were basd on a bial
which had been prepared by Senator
Voorhees,. The bin provided simply for
the Issuance OF short time certificates
which were 10 be used for the purpose Of
making good the reserve and Of meeting
the revenue deficiency, but when che after
noon session opened he had added a clause
providing for the free coinage OF silver
Three was motion TO strike out the silver
provision. which was lost on q tie vote OF
5 to 5. all of the Republicans and Senator
AcPherson, Dem, voting for the motion.
and all the Democrats opposing IT, A
vote was then taken on the proposition a .
whole. and 1t was lost by a vote OF to
B. Senators Yes, and whs,e. as well as
Mcpherson. voted with the Republicans.
There was also tie vote on a motion by
Senator Aidrica to substitute uAe Springer
niii for the Voorhees, bill. Following is
the text Of the voorhees, BILL
That 10 enable the secretary OF the
treasury to provide for and maintain the
redemption of United States notes. and
also TO enable him TO Ray current def
ciencies in the revenue, he Is authorized.
In addition to the provisions OF the act
OF January IA, 1875. from time TO time. AZ
his discretion, to issue ae-sifcates of IN
debtedness OF the United States. payable
10 the bearer In coin. after three years
from date, at the option OF the United
States. of the denominations OF SO $50
and $1e. with segni-annuaa coupons for
interest, at the rate OF per cent. per
annun,. and 10 seM and dispose OF the
same for NOT less than an equal amount
OF lawful money OF the Unssei States at
designated repositories Of the unwesi
States. and AT such postosfsees as he nray
select. And such certificates shah have
Ike qualities privileges and exemptions
as are described in the resumption act OF
Jan,fsry II. 1875. for the bonds therein
authorized. ard the proceeds thereof shan
be used for the purpose prescribed In this
act and for no other purpose
Sec. ?. That upon any deposit already
or hereafter made. in the manner required
by law. OF any United States bonds or ee--
tEticaees bearing interest, any national
banking association making the same
shall be entitled TO receive from the comp
trolle- of the currency circulating notes
of different denominations in blank. regis
tered and countersignefi, as provisef by
lsw. nor exceeding the Whole amount. the
par vaiue OF the bonds; providing that az
no time shall the total amount ofsSr.ch
notes issued 10 any such association ex-
seed the amount az such time actually
paid in of its capital stock
See. 3. That from and after the nss~;rr
Of this act, the secretary of sAe treasury
II hereby authorized and directed 20 re-
cesve at any United States mint. from anv
citizen OF the United States. silver bullion
OF STANDARD geraineness and fineness. and
coin shssame into silver dollars OF az +,
grains each The seieniorage on the said
bullion shah belong 20 the Unfse<i states
and ssrall be che difference between the
coinage value the~eg and the price or
tAe bullion IN London on the Cav she de-
ruesit IL made and all ex2ensisfures fa-
cas7ing done ursse- the provisions ~ this
act sssai be pasi our of said sesgutorare
and the Sscre sary OF The treasury shan
deliver 90 the iepoSstors % such button
Standard silver doEaars equal In amount To
the price thereof, sS aforesaid and when
ever the said Scxns herein provided ra~
shsll be r,~eesves3 into the treasury csr..t,
Gates in denominations % less than so
may be issued thereon In the manner now
provided for ty Saw
TIE couf-u.ttee adjourned without
as-rreing- on any siessnlte tinse Of meeting
ara sozae Of the RepnbaSca1 members
ssa8 afterward ,hss taey saw no reascn
fer any uscre meetings. as q had seen
made exisen, that II wpusa ne impossible
20 accomplish anything 81 thu commit
tea Tnere was y s8n attendance exesz-
Senator Sones of Nevada II was hgs
asssenee thar caused fae re vote. II he
bad hecr present h9s vote w0aiS have
sse~ss cast wtsn ese silver pssrnnc~aes
THE hoeSe committee on barking arss
currency started az II e'caeck upon con-
sssera.tos ~ the 1stEri.zssraxtnr hili.
Recre~~szra ssye cex. Dem. Tennessee,
moved 80 rvrors tire kszl 20 tss n1usse
whSe1 Rrousea a chorus ~ opposition.
Hsnsae~ssoa 81 Iigsgzsss. Rrassas az Perm
sysvania ara HsuSen q wEssas1ssza. Re-
pssAsscans. Objected str~nsbosassv tn sxasze
they sa~rse~s Summary action. AMI Rsrww-
ssnszAssve tsscn fseFya.. Alabama declared
sss wosassf neyer xssse - reaerx she hsa ia
ths ssoszse in nz present fsxTss. Taeressy.sn
Representative Russell. Fer. Corw,~~ri-
ssst. v.>sye<8 that ssse sssuazTssssee precepss
nzka tksA consideration ~ the bi.t. xAseh