The times. [volume] (Richmond, Va.) 1890-1903, 1895-01-29

CONG EESS MANS The MESSAGE.
Mr.. Springer Introduces "A Bill In the
House-The Dinerential Duty Repeal.
WASHINGTON. Jan. 2S.--The message
from President Cleveland to Congress
upon the financial condition Of the Gov
ernment was read to the House almost
Immediately after It assembled to-day.
At the conclusion Of the reading Mr..
Springer presented MS new bin to revise
the currency and banking systems, and 1t
was referred to the Committee on Bank
ing and Currency for examination and
report. The bill provides for the issue OF
a sufficient number of gold bonds for
the retirement Of Treasury notes and
greenbacks. and requires that all customs
duties shall be payable In gold.
The Presidents message was referred
to the committee Of the whole.
The Nicaragua canal bill was received
from the Senate and referred to the Com
mittee on Interstate and Foreign Com
merce
The House continued the discussion Of
the bill to repeal the differential
duty Of One-tenth Of cent
a pound on sugar imported
from countries paying an export bounty
on that article It's passage was advo-
Gated by Messrs. Turner Dem,, GaD,
Wheeler Dem. Ala) and Terry (Dem''
Ark.). and opposed by Dalzell Qsep.. Pa.)'
Hopkins RepY Ill) and Dolllver Rep"
IoW9).
The committee rose and Mr.. Wilson
Dem.. W. Va endcavored TO secure
unanimous consent for an agreement TO
close general debate after two hours de-
hate tomorrow, but Mr.. GrosVenor Ctep.,
Ohio) objected 1t Is probable, however,
that q vote on the bill Will be reached
before adjournment tomorrow. After
passing two or three private bills the
House, at o'clock, adjourned.
ACTION TAKEN IN THE SENATE.
Vice-President Stevenson, who had been
abs ent from Washington Tor the last
few weeks on account Of the illness ana
death Of his daughter, presided over the
Senate to-day
The first and most important matter
that came before the Senate to-day was
the Presidents message on the subject
Of The financial condition OF the Treas
urv. Most earnest attention was given
bv senators to the reading of the mes
sage. and 10 was Immediately, without
discussion. referred 10 the Committee on
Finance, which will meet tomorrow ana
take il up for. consideration.
Several UOQGS WBIt OtthllAIh III hiN
discussion of House bills passed July q,
1874 TO disapprove the treaty made with
the Southern Ute Indians TO. be removed
to Utah.
Mr.. Villas Dem, Vis) made strenuous,
but futile. efforts to have amendments
put upon the bill that would secure to
the Indians their right Of individual al
lotments, but the bill was finally passed
with some not very important amend
nents reported from the Committee on In
dian Affairs.
The bankruptcy bill, which had been
DISPLACED, was against taken up and made
the unfinished business for tomorrow.
After a short executive session the Sen
ate adjourned, at 4.5O L. Nj, till to-mor-
row.
PROVISIONS OF THE SPRINGER BILL.
WASHINGTON, Jan. 2S.-Mr. Spring
er's bill to carry into effect the recommeh-
dations of the Presidents message Is en-
titled: IAN act to authorize the Secretary
of the Treasury TO issue bonds to maintain
a sufficient gold reserve. and TO redeem
and retire United States notes, and Tor
other purposes"
The first fecton provides for the issue
and sale, at not less than par in gold, OF
fifty-year three per cent. bonds, interest
and principal payable in gold, in denomi-
nations OF twenty and fifty dollars and
multiples thereof. No specific amount TO
be sold is named.
Section provides that whenever Treas
ury notes shall be redeeme'. in gold they
shall be cancelled, and that Treasury
notes shall be received in payment Tor
the bonds provided in the first section oil
the bill.
Section authorizes the use of the
bonds as security for national bank is
sues TO the par value Of the bonds.
Section provides thai no natpnal
bank notes OF less denomination than
ten dollars shall be issued; that when
such small notes dTe redeemed notes of
larger denomination shall be substituted,
and that small denominations of silver
certificates shall I'm like manner be sub
the same class
Section 8 provides that after July l,
1885, customs duties sail be paid in gold
and silver only and that other duties to
the United States shall be payable in
any Of the different kinds of currency
authorized by the laws of the United
States.
Section repeals all inconsistent acts
and provides funds for carrying this act
into effect
WASHINGTON, Jan. 2S.-The Senate
to-day confirmed the nomination OF Rob-
ert l.. Oliver of Georgia, 10 be United
States consul at Merida.