The daily morning journal and courier., 1895-02-13
E1NANcE COMMITTEE MEET.
A Vote in Favor of Unrestricted Coinage oi
 Silver

| "A Not6 EaVOE OI OnrebtTlCIeu OOlnag6 or
 Silver.
 Washington, Feb 12.--What ap-
 breaches to be very nearly free and
 unlimited coinage of silver was author
 ized by the senate committee on finance
 this morning by a vote of six to five
 the same vote by which the committee
 at its last meeting declined to permit
 the reporting of bill to provide for an
 issue of bonds. This result was reached
 on motion that was made when the
 committee adjourned at it's last meet
 ing. This was the motion of MT. Jones, ] dem. of Arkansas, to strike out ali of 1 his bill but the ninth section, for which
 Mr Vest substituted tEe St. John prop- | osition for the free and unlimited coin
 age of silver. The motion of MT. Jones | prevailed, the section having been
 amended, however, to read as follows: That from and after the passage of this act the secretary of the treasury is | hereby authorized and directed to re-
 ceive at any United States mint, from any citizen of the United States, silver
 bullion of standard f1neness and coin the same into silver dollars of 4211b
 grains each. The seignoirage on said bullion shah belong to the United States and shall be the difference between the coinage value thereof and the market price of the bullion In New York on the day the deposit is made, and all expen- ditures for coinage done under the pro- visions of this act shall be paid out of said seigniorag ge; and the secretary of the treasury shall deliver to the deposi- tors of such bullion standard silver dollars equal in amount to the price thereof as aforesaid; and whenever the said coins herein provided for shall be received into the treasury certificates may be issued thereof, i'll the manner now provided by law.
 Subsequently MT Jones reported the bill to the senate, the title having been changed so as to make it read:
 "A bill for the unrestricted coinage of silver"
 It will be seen that i' fixes the value of silver at the market price in New York instead of London as originally provided in the bill, and eliminates the clause that provides that the certif1- cates issued under authority of the sec ton shall be of denominations less than $10.
 The vote by which the bill was or dered to be reported was as follows: For the bill-Messrs. Voorhees,, Harris, Jones of Arkansas, White and Vest, democrats, and MT. Jones, republican of Nevada. Against the bill-Messrs. Sherman, Allison, Aldrich Morrill,, re- publicans and McPherson, democrat.
 It is the intention of the republicans, presumably MT. Aldrich, to offer sub stitute to the house bill in the shape of bill enlarging the powers of the president in the matter of imposing re- taliatory or discriminating duties that | shall be far more rigid than anything now on the statute books. Under this l bill the president will be empowered to ! increase duties by proclamation, or to | prohibit entirely the importation of ! products from countries that retaliate | on this government or enact laws that l conflict with the present tariff regula- | tions of this country, to the extent of | endeavoring to set aside our tariff l regulations by giving countervail in | bounties to their own exporters. The l introduction of this resolution as a | substitute will open new field of | discussion and it is not likely that the committee will be able to dispose of the subject at one sitting.
 The resolution which passed the house February g, extending the time for the returns of incomes for the year 1894 from March 1 to April 15 1895, was also disposed of at the meeting to-day. MT. Hill was before the committee and urged some amendments to the resolu- tion that would eliminate the alleged character of some of the ! questions contained in the forms sent out by the treasury department. He also asked, and in this he was en- dorsed by some of the members of the committee, that certain changes be made in the text of the income tax law, relieving it of part of it's cumber- A number of amendments were suggested, some of them relating to vast amount of alleged unneces- sary clerical work that had been i'm posed upon railroads and other cor oorations, that did not in any way affect the bill, All these matters were left to subcommittee, consisting If Messrs. Vest and Allison, who were i instructed to make such amendments IS they saw fit and report the resolu- ion.
 Messrs. Vest and Allison subsequently, exported the income tax joint resolu- ion to the senate with the following lddition:
 Be it further resolved, that in com outing incomes under said act the mounts necessarily paid for fire in- 1 ;uranee premiums and for ordinary re- pairs upon any real estate shall be deducted from the rents accrued or eceived from such real estate.
 And also resolved that in computing