The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1895-01-24
CURRENCY BILLS.
TWO MORE INTRODUCED IN THE
SENATE.
One by Senator Pugh and Another by
Senator Sherman-Pension Bill
Passed-Defciency Bill Amend
ments Disagreed to in
the Senate.

AIol secured recognition soon after the
senate met today to present what he re-
garded as a solution to the present lack
of government revenue.
The senator varied the usual custom
Of introducing bill by reading the full
tavt of his measure with greatdellDerate-
ness and then commenting on 1t Inc bill
nroyides for the immediate ISSUE OF $lOO,-
Zoo 900 of treasury notes to meel denclen-
.ies these notes to be redeemabh IN coin
and TO be constantly reissued. 1t further
directed the coinage of the selgllorage
and the deposit of silver bulllol from
American mints.
Mr.. Hill Dem., n. W asked If tn, sen
ator asked immediate passage OF this
bill. nh &C.
"That question:" said Mr.. Pugh, us
in line with the New York senator's tr@t,
ment of all great public questions anu
decline to answer it.
Mr.. Pugh proceeded to urge the gray
ity of the present situation. IL was sucL
that he was ready to surrender long con-
victions in order TO secure relltus,
"Thus far" said Mr.. Pugh, senators
have stood here and torn down. 1t is easy
to fear down. but it is hard to build up
We have torn down until we have pref
nv nearly torn down this country.
Mr. Pugh begged that the finance COM
mittee. in which he had great confidence
should do something at once: lie aiu not
believe the senators were lot OF Musc0-
wife brakes, bowling and stopping stuplu-
ly." NJ, ,.4,u,,n+oJ 70
ask rs to the attitude OF the aulhlllls-
tratiOn on this bill. .---- l.,
"NIr. Cleveland has sent message TO
congress calling attention to present con.
ditions," responded Mr.. Pugh with great
earnestness 1.-THE president and his sec
rotary of the treasury have offered Il
scheme of currency revision designed 10
meet present evils. If his way is not
accepted let both houses propose some,
thing else. The president has discharge.
his duty, now let us discharge ours,
proceeded Mr.. Pugh, each word coming
eXplosively. ~, e
The bill was referred to the finance
committee. ,,.
Mr.. Sherman Rep., o. as soon as Mr.
Pugh had closed, arose with another
important financial measure. Its read
ing received the closest attention IRON
senators on both sides. The Sherman
bill provided for the issue and sale OF
bonds under the provisions of the resump'
ton act from time to time as the defl-
ciencies of the treasury require, the pro
ceeds to be used wholly for deficiencies
and the bonds to run five years ut not
to exceed 3 per cent interest.
The second section provides that i'll
lieu of the foregoing, the secretary OF
the treasury may issue coin certificates
in denominations of from So to 500, bear
ing 3 per cent interest and put the certif-
icates in circulation through the treas
urers and postoffices.
The third section deals with the de-
post of bonds in national banks.
Mr.. Sherman's bill was referred without
comment to the committee on finance.
In presenting report on pension bill,
Mr.. Gallinger took occasion to criticise
severely the past utterances of Mr.. Cleve-
land as to the frauds existing in the pen
sion system.
Mr.. Hawley Rep., Conn., also stated his
objections to the present administration
of the bureau.
Mr.. Hawley offered ian amendment
making Sc the lowest rate for disabilities
instead of the present ratings of So and
81, which was adopted after discussion,
participated in by Senators Lodge, Brice,
PETER, Voorhees, and Allen.
Mr.. Gallinger offered an amendment
repeating the law cutting the pensions of
non-residents of the United States.
Mr.. Davis Rep., Minn.) said the pres
ent law worked much injustice on the
Northwest border, where pensioners lost
their allowance by going into Canada.
The amendment was adopted.
The bill thus amended was passed. 1t
carries $141, 100000. The army bill, APP
propriating 500. 250,000 was then taken
up. Mr.. Blackburn explained the COM
prehensive plan for concentrating troops
at large posts. 1t contemplated the es-
Establishments of two large posts, one at
Spokane and another on Puget Sound
to be the great rendezvous of the fan
Northwest, to cost ultimately several
millions. This would require the event
ual abandonment of Forts Walla Walla
Sherman and old Fort Spokane.
A spirited debate followed as to the
location of the Northwestern forts. Ir
the course of it Mr.. Bate Dem, Tenn,
said his committee was being urged thai
Seattle should be the point of the creor
rendezvous.
Mr.. Henderson urged the necessity OF
army centers along the Canadian border
Inc British government had already es
taDllshed extensive rendezvous on tn,
Pacihc coast and it behooved the United
States to make adequate preparation ir
the Puget Sound regulations.
The consideration of the army bill was
not concluded when at $50 y. m tb,
senate went into executive session and nj
MN o1ipupnn1 '''' ~