Idaho County free press. [volume] (Grangeville, Idaho Territory) 1886-current, 1895-02-15
LAST DAY OF THE CURRENCY BII.
Amended in MANY Particulars and Then
defeated.

Amended in MANY Particulars and Then
defeated.
Washington, Feb. THE house went
into committee of the whole and re-
sumed consideration of the bill to au-
thorize the issue of $500, 000,0 900 gold
bonds in conformity with the presi-
dents suggestion. The pending ques-
ton was on the appeal from the decis-
ion of the chair ruling the amendment
of Mr.. Bland out of order The chair
was sustained by a vote of 1870 to So
Mr.. Brosius offered an amendment
providing that such bonds of denomina-
tons of $40 $50 and 500 as can be dis
posed of, should be deposited for sale,
with the national banks.
Mr.. Sickels, democrat of New York
made an eloquent appeal for the pas
sage of the pending bill. He believed
he said, that the deliberations of the
house on this question, marked an i'm
portant epoch in the history of the
United States. He was not a financier,
but he desired to express his deep sense
of the Importance of this measure and
his solemn belief that the welfare and
honor of his country We're involved in
today's action upon it. He had had oc-
casion to differ in the past with the
executive choice of his own party, but
he forgot those differences when he wit
messed the brave. manly action of the
president in the present financial crisis.
Clevelands words were worthy of the
most illustrous of our statesmen and he
forgot all in his admiration of Cleye-
lands course on this question. This
was not the time, he continued, to set
tie definitely and permanently the fut-
ure of silver, or of bank notes. 1t was a
supreme moment in our history-such a
crisis occurred in the history of ALL
when we must meet our obligations or
default. IF my long life" he concluded
largely devoted to the public service.
entities me to appeal to my colleagues
to uphold the honor and integrity of
our country, for Gods sake let us
profit by this opportunity" Applause)
Mr.. Bynum, based on appeal for the
passage of the bill on some resolutions of
the indianapolis board of trade en-
dorsement of the presidents recon-
mendation.
Mr.. Straight of North Carolina Great
ed amusement by describing the de-
generation of the republic and of CON
gress. IF Washington was to look in
upon the house today" he said, tears
would furrow his checks, and if John
4. ta1nOun could come down, he would
lash four-fifths of the members of the
capitol"
MIR. Brosius amendment was agreed
to- An amendment offered by Mr.
Payne to repeal the state bank tax was
lost without division.
Mr.. Reeds substitute provides for an
issue of per cent. coin bonds to re-
plenish the gold reserve and the issue of
certificates of Indebtedness to meet de-
hcincies in the revenues.
Mr.. Bryan's amendment added a pro-
Niso that nothing in the proposed sub
stitute should be construed as surrender
by the government of the right to pay
coin obligations in gold or
silver at the option of the government
as declared in the resolution which pass
ed congress in 1878. The Bryan amend
ment was lost, 127 to 1853, and vote was
then taken on the Reed substitute
which was lost. 100 to 1877.
The vote required on Mr.. Cobbs
To the Cox substitute. The
substitute was practically a Carlisle
currency bill, including provision for
repeal of the state bank tax The vote
was practically party vote. Mr. Cobb's
amended the existing law
to bonds at per cent. interest. and pro-
vided that nothing in the substitute