The daily morning journal and courier., 1895-02-15

ought to have been set in motion.
 However, it is that contract is not
 presented to us for approval or disap-
 proval. It is a contract made by the l legitimate agent of the government, | Gentlemen who are opposed to this proposition say he has a right to make | it. I presume therefore that he had. ell has made 1t and it is not sub
 mitted to this house, but there is a proposition submitted to this house, which is that that money will be fur
 nished to us for the lowest rate of in- | terest provided that we put the word | ''gold'' in our bonds. Now that word
 is there now by eVerybody's under
 standing on both sides of this house,
 and the question is what we shall do | about it. If it were the establishment
 of a policy then it might be discussed ! from some other standpoints that are presented. But 1t is not the establish ment of a policy. It is the action of the house of representatives upon a single transactions. Gentlemen say that the result would be that the secretary will try other transactions of this kind upon he house and senate in the future. do not believe after the expression of the American people upon that subject that he will do it again. n,
 Where the blame ought to be is this" said MT. Reed, that tIiIs administration has not made the people understand from the beginning that these bonds are just what they are-just what the custom of payment on the part of the government has made them to be. It establishes no new policy, even if these bonds were made specifically payable in gold, all of them And say to men who are on the other side of'the ques- tion that they are not treating this mat ter fairly when they speak of it as de- termining the policy of monometallism or bimetallism Gentlemen who are in- terested in national bimetallism, if their views are correct, will find that the con sensus of opinion of the world will sweep us by in any little affair like this without minding it for an instant, and if they are international bimetalllsts everybody in the world will hold it as a triumph and then it will be of no ac- count Mir Reed, whose animated speech was punctuated with no merri- ment as he reviewed the standing of silver members, said in conclusion;
 Now do not let our indignation about a contract which we cannot interfere with and which, perhaps.G deserves all the reproduction 1t has received--do not let that prevent us from taking busi- | ness-like view of the situation. Do not let us involve ourselves in 'policies' and things of that sort, but let us face the situation as it stands" (App1ause)
 MT Bynum, den. of Indiana, de- tended the bond contract.
 MT. Wilson closed the discussion in | ten minutes speech, enforcing the points | made by him in the opening.
 The previous question on the engross- ment and third reading and passage | of the joint resolution teing ordered | by the terms of the rule the first ques- tion was shall the joint resolution bC | engrossed and read the third time" On | this the yeas and nays were demanded | the roll call resulting as follows: Yeas | 120, nays 107,
 The speaker-The house refuses to or der the bill to the third reading. The | bill is dead.
 The Connecticut delegation voted as follows: Aye, DeForest, Pigott, Rus sell and Sperry.
 A motion by MT. Bland, dem, of Mis- souri, to reconsider the vote just taken was on his motion laid on the table.
 The house then adjourned.