St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-02-28

gone through the house and be-
come a law the country would not
have been in it's present condition.
Executive influence had brought
about the defeat of the provision.
The senate was in the midst of
doubt. The secretary of the treas
ury said he had enough. The SEN
ator from Maryland said there was
not enough. They came here and
quarreled over the figures If Mr..
German was right, then the senate
ought to act quickly. If Mr.. Car
Isle was right, then no action should
be taken, as an addition to the
bonded obligation was not desirable.
Mr.. Sherman said he would vote for
the amendment, although he regard
ed it as the duty of the Democratic
side of the chamber to clear up the
doubt. In reply to queries made
earlier by Mr.. Hill, Mr.. Sherman
deemed. They were the favored
money of the people. They should
be kept out without reference to the
wishes of the New York bankers.
81 cannot understand why anyone
should desire to strike from our cur
rency this
MOST FAVORED CURRENCY,
better than gold or silver, for they are
redeemable in gold and yet have the
convenience of paper money"
Turning to the loss Of revenues, the
senator said it was a certain sequel to
the changes of the tariff law. This al
ways occurred as a result of tariff
changes, without reference to the party
making it. Let these provisions be en-
acted, and let the debt certificates or
bonds be circulated among our own
people, the plain people, as Abraham
Lincoln called them, and there would
be an end of danger.
Mr.. Sherman said he had watched the
enormous sums appropriated by the
senate, some of which could have been
postponed to another day. But now
that they were made it was the duty
of congress to provide means for pay
ing them.
In the course of his remarks, Mr..
Sherman made a significant appeal to
the appropria lions committee to with
draw this amendment, saying it could
never pass without the fullest dis
cusSion.
Mr.. Hill then took the floor. Hesfrst
discussed the technical parliamentary
status. If this financial amendment
was in order, then the fioodgates were
open and any kind of financial legisla-
no RI no
ton bill. Once upon this complicated
question and an extra session was in
eVitable.
In the expiring hours of congress it
was unwise to sweep away the ample
powers of the secretary to issue bonds
and give him some new and untried
power he did not want.
"AND YET" SAID MR.. HILL
with keen irony, this is the PROPOSE
ton of senators who have such pro-
found regard for John G. Carlisle"
Mr.. Hill pointed out that the danger
to the treasury was not in a deficiency
on current expenses, but in gold to re-
deem the endless chain of greenbackS.
And yet this pending amendment pro-
vided funds for deficiencies alone, and
gave no means of securing the gold
which was the real need of the treas
ury.
Mr.. German said he desired a final
word. He said in view of his state
ments made during the debate, and also
of the limitations of obstruction, he
was authorized by the committee of
appropriations to withdraw the pend
ing financial amendment.
Mr.. Mills Oem., Texas at once Of
fered an amendment repeating all the
laws giving authority for the issuance
of bonds.
Mr.. Aldrich made point of order
against, the amendment as general leg
islation, which was sustained.
This closed the financial debate.