St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-02-13
FRIENDS OF SILVER.
Senate Committee on Finance
Champions the White
Metal.
AN UNRESTRICTED COINAGE
Provided for in a Measure Re-
ported Favopably in the
Senate.
ALIVELY DEBATE DEVELOPS
The Bill Finally Being Placed
on the Calendar Of the
House.
IN UNRESTRICTED COINAGE
ALIVELY DEBATE DEVELOPS

WASHINGTON, Feb. ~. - The
meeting of the senate committee on
finance today resulted in a decision,
bv a vote of to 5, to report a meas
IRE for the unrestricted coinage OF
silver on the basis of the provisions
of the ninth section of the financial
bill introduced by Senator Jones
(Ark1. This section was amended
in several and as agreed
upon is as follows:
That from and after the passage
of this the secretary of the treasury
is hereby authorized and directed
to receive at any United States mint
from any citizen of the United
States silver bullion of standard fine
ness and coin the same into silver
dollars of Az 1-2 grains each. The
seigniorage of such bullion shall be-
long to the United States, and shall
be the difference between the coin
age value thereof and the market
price of the bullion in New York on
the day the deposit is made, and
all the expenditures for coinage
done under the provisions OF this
act shall be paid out of said Selgn-
forage; and the secretary of the
treasury shall deliver to the depOS-
itors 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 thereon,
in the manner now provided by
law" The vote on the motion to
report this section as amended was
as follows:
Yeas-Voorhees, Harris, Vest,
Jones (Ark), Jones (Nev.), and
White.
Nays-McPherson, Morrill,, Sher-
man, Allison and Aldrich.
There was comparatively little dis
cussion of the question after the
suggestion for such a report was
made, and it soon became apparent
that there was an understanding
among members of the majority of
the committee as to the line of ac-
ton to be pursusd, and they after
conference and agreed upon their
course. The Republican members
offered no substitute and put no OBJ
structions in the way of securing a
vote 1t was also agreed to hold
special meeting next Friday for the
consideration of the bill removing
the differentiaI duty of one-tenth of
a cent on sugar imported from
bounty-paying countries.
Republican members Of the com.
mittee expressed some surprise at
the calling of the meeting today.
They had supposed that on account
of the indisposition of Senator Voor-
hees, chairman of the committee,
there would be no meeting, and they
had received assurances to this eff
feet, but it would appear that after
the decision was reached to report a
bill Senator Voorhees, was prevailed
upon to issue the call, which was not
received until early today. AS a
consequence of this delay some of
the Republican members were late
in reaching the committee.
REPUBLICANS OPPOSE.
Republican senators generally are
not disposed at this time to attempt
to prevent the passage of the unre-
stricted coinage bill reported from
the finance committee today. When
asked what policy they would pur-
sue, Senator Aldrich said: 1--WE
would probably not oppose the bill
to the extent of trying to consume
time to prevent it's passage, though
we should, of course, want to de-
bate it at some length for the pur
pose of placing the matter before
the country intelligently.'
Senator Platt corroborated this
statement, and added that he for
one should not feel disposed to pre-
vent action by the senate on the
financial bill. "If the Democrats
want 10 take the responsibility for
passing such a bill as that report
ed" said he, Il am willing they
should" The Democratic leaders
have not yet decided whether they
will press the bill this session.