The Laurens advertiser. (Laurens, S.C.) 1885-1973, 1895-02-19
NO FINANCIAL LEGISLATION.
The House Kills the Gold Bond
Schcmc-A Republican Suggests
lmDeaChment.

impeachment.
WASHINGTON, Feb. 1i-Another
days debate in the House upon the
financial question has but served TO
emphasize the fact that no legislation
affecting the financial situation is to be
expected from tho rifty-third Goa
gross. n week ago the House refused,
last Springer Banking and Currency
bill, which contained a provision
authorizing the issue Of longtime low
inter est bonds, and today, by the still
moro decisive vote Of l67 to l2O, it de-
clined to auth orize the issue of 500. .000,-
600 per cent. gold bonds with which
to replace the per cent bonds con-
tractcd for with the Morgan-Belm
syndicate in payment for the pur-
chase of 35GO,000 ounces of gold coin.
The consideration Of the Joint rcsolu-
tion for the purpose, reported yester-
DAY from the Commlttee on Ways and
Means, by Chairman Wilson, occupied
all of the session Of six and half
hours, and the discussion attracted an
attendance of spectators which over
croached upon that reserved for tho
diplomatic corps and distinguished
visitors.
The debate followed, in Il general
way, the lines Of the debate on the
Springer bill last week, hut tho opposi-
ton today was much moro aggressive
than on that occasion. Mr. Wilson
was aided in advocating the u!nc.eu"
by Mcssrs Reed (tcp.) Maine;
Payne (llcp.) OF New Z SIX; Turner
Dem. of r. IA, and Bynum (Dcm.l,
OF IDIii,.. ...I members OF the Com
mittec on Ways end Means, who urged
t,n4 ni ,I,,t
ness matter merely, free from politics
or anything of that kind, the passage
of which would result in a saving of
$4,000, COO to the people. Their efforts
we're seconded by Mcssrs. Daniels
(Rep.) Of New York; Stone iRep.i,
OF Pennsylvania and Hendrix (Dem.),
Of New York Springer (Dem.j, Of Hi
nois, add Cooper (Dcm.) Of Florida.
The opposition to the passage Of tho
joint resolution was lea by Mr.. Hop
kins (Rcp. J, Of Illinois, and Mr.. Bynum
(Dcm. OF Nebraska, members of the
Committee on Ways and Means, and it
developed some startling points. Mr..
Hopkins asserted that the Prcsi idcnt
was not animated by Il patrioLic motive
in sending his latest message to Con-
gress, but Il desire to unload upon tha t
body the responsibility for IL tiansac-
| ncr, that would net the syndicate repro
sented by him $25, 900, ,00D. Mr. Bynum
declared the scheme proposed in tho
| joint resolution to be but another step
in the accom- plishmcnt Of the cOnspir-
acy to strangio silver, and he assured
! the House that so serious did he cOn-
slider it to be that were there any prob
ability OF It's passage and tho forfeiture
of his life would prevent it, he would
gladly lay down his,lile in tnat battle.
| Mr.. johnson (ltep.), Of Indiana, hint
ed at impGac chmcnt and Mr.. Hepburn
| Qtep.), OF Iowa, said that the Rcpubli-
cans who favored the measure pro.
posed a new policy, a reputation OF all
the declarations Of the party in the past
and the institution Of ii new policy that
called for IL new following. Othcr
| speeches against the joint resolution
were made by MGssrs. McMiilin. OF
! Tennessee; Wheeler (Dcm.), of Ala
bama, and Grosvcnor Ntcp.l OF Onio,
members OF the Committee on Ways
and Means; Livingston (Dcm.), Of Geor-
gia; Northway and Iulick Rcps, Of
Ohio; Bland and Hatch (Dcms.) of
Missouri; KEN C'op.), OF Nebraska {;
Simpson (Pop.I OF Kansas, and Van
! Voorhees, Rep.), Of New York.
The vote was taken at , o'clock upon
! the question: shall the joint resolu-
| tion be cngrosscd and read third
| time ?" the result being as stated-yeas,
| 100; nays, lGI.
"Thc bill is dead" officially declared
the Speaker, and at $40 D. IN. the
House adjourned until tomorrow at
IL o'clock