The representative. [volume] (St. Paul, Minn.) 1893-1901, 1895-02-13
HOW II WAS DONE.
Detailed Story of the Defeat Of Grow
er,a Financial BILL.

HOW II WAS DONE.
Detailed story of the Defeat Of Grow
er's Financial Bill.
WASHINGTON, D. c., Feb Tile house
met at IL o'clock today. Some routine bust
ness was transacted before the debate on
the bond bill was resumed. Mr. Grosvenor
Nep., Ohio asked unanimous consent for
the consideration Of joint resolution for
the appointment Of a committee to investi-
gate the validity of the election in Tennes-
see last November.
Il object to the considera ton of that reso-
luton" shouted Mr.. Cox Dem, Tenn.).
The state of Tennessee can take care of
itself"
The house then went into committee of
the whole and resumed the consideration OF
the administration bill to authorize the is
sue of $500, 0OO,0 900 of gold bonds. The pending
question of the chair, ruling the amend
ment of Mr. Bland Dem, Mo- out of
der The chair was sustained-130 to 81.
Mr.. Brossius Rep., Pa) offered an
amendment providing that such bonds of
the denomination of $40, $50 and 500 as
could be disposed of should be deposited for
sale with national banks selected by the
secretary of the treasury.
Mr.. Sickles Dem, N. W made an elo-
quent appeal for the passage of the pending
bill He believed, he said, that the delibera-
tons of the house this question marked
important epoch in the history of this
country. He was not tnancier, he frankly
admitted, but he desired to express his deep
sense of the Importance Of this measure
and his solemn belief that the welfare and
honor Of this country were involved in to-
days action upon it.
IF my long life," he concluded, 'largely
devoted to the public service, entities me to
appeal to my colleagues to uphold the
honor and integrity of our country for
Gods sake let profit by this oppor-
tunity." Npplause)
Mr.. Strait Dem), South Carolina, Gre
ated amusement while opposing the bill,
by describing the degeneration of the re-
public and of congress. IF Washington
could look in upon the house today he
said, tears as big as mountains would
furrow his cheeks and if John c. Calhoun
could come down he would lash four-fifths
of the members from the capitol"
Mr.. Brosius' amendment was agreed to-
An amendment offered by Mr.. Wheeler
CDem), Alabama, to repeal the state bank
tax, was lost without division.
Mr.. Livingston Dem) Georgia, offered
the Wheeler amendment with the provision
that the "epeal should go into effect July
l, 1896, but the amendment was lost
Mr.. Haugen Rep), Wisconsin, offered
an amendment to strike out the provision
excluding from the operation of section
authorizing national banks to take out
circulation up to the par value of their
honds) outstanding bonds bearing but
per cent interest.
Mr. Hendrix Oem), New York support
d the amendment.
Mr.. Haugen's amendment was agreed to
without division
Mr. Bell Pop., COLI offered an amend
ment authorizing the bonds issued by this
bill to be sold for gold and silver without
!iscrimina ton and to be
PAYABLE IN GOLD OR SILVER
Lost, "a LOG.
Mr.. Hutchinson Oem., Tex) offered
amendment similar to that of Mr.. Bell,
making the bonds payable in gold and sill
YER, for which Mr.. Bland offered a sub
stitute for the coinage of the silver bullion
IN the treasury and the redemption of the
treasury notes of 1890 in coin provided
by Section of that act, but both amend
nents were lost, Mr.. BANDS by vote of
l09 to ia.
Mr. Walker Rep., Mass.) offered an
amendment to confer upon the secretary of
the treasury discretion as to the interest
to be paid on the bonds and the time they
should Lost, 81 to 81.
Mr.. Bryan offered an amendment to the
Reed substitute offered yesterday, to pro-
vide that nothing in the act shall be con-
strued to vitiate the policy of the govern
ment to pay all coin bonds in gold or silver
at the opening of the government, as ex-
pressed in resolution passed by congress
in 1873
Mr.. Cobb Oem., Ala) offered an amend
ment to the Cox substitute offered yester-
day to make bonds issued under it's pro-
visions bear per cent interest and payable
in 20 years.
The hour set for taking the votes 30
arrived while amendment of Mr.. Terry
Dem., Ark being read. It cut Off
this amendment, leaving the two substi-
tutes and the amendments thereto pending.
The amendments adopted in the commit
tee were agreed to in the house without
division, except that to reduce the annual
tax on national bank circulation from to
na-fO 0f
was also agreed TOGO to Al.
Mr. Reed then attempted to enforce an
agreement which he claimed had been en-
tered into in committee by which his sub
stitute should be voted on after the Cox
substitute. The fact of such an agreement
was denied by Mr.. Cox. 1T is a question
of proprety,' said Mr.. Reed, sharply.
1T is a question of truth, replied Mr..
Cox, warmly.
The chair held that the vote should first
be taken on the Reed substitute to which
there pending amendment.
REEDS SUBSTITUTE LOST.
The Reed substitute provides for an is
sue of per cent coin bonds to replenish
the gold reserve and the issue of certificates
of indebtedness to meet deficiencies in the
revenues. Mr.. Bryan's amendment added
proviso that nothing in the proposed sub
stitute should be construed as a surrender
by the government of the right to pay out
standing coin obligations in gold or silver
at the option of the government as declared
in the resolution whic passed congress in
1873. The Bryan amendment lost-127 to
Island the vote was then taken on the
Reed substitute. Mr. Reeds substitute was
lost-109 to 1877 The vote then required on
Mr.. Cobb's amendment to the Cox substi-
tute. The substitute was practically the
Carlisle currency bill, including a provision
for the repeal of the state bank tax.
The vote was practically party vote
except that Messrs Cannon Pop., CALI
Grain Oem., Tex.), Davey Oem., La
Geary Oem., Cal), Griffin Oem., Mich)
Lawson Dem., Ga.), Pendleton Dem
Tex.), Shell Dem., S. c., voted with the
Republicans in favor of it.
Mr.. Cobbs amendment attended existing
laws SO as to make all bonds issued under
authority of existing law bear per cent
interest and provided that nothing in the
substitute should be construed as an author
ization for bond issue.
The Cobb amendment was beaten without
a division and the Cox substitute on a
| rising vote So to 1884,
This disposed of the substitutes and
amendments; the vote was then taken on
the third reading and engrossment of the
bill itself, which was defeated on rising
vote 81 to 49,
Mr.. Springer demanded the nays and yeas
and the roll was called, confirming the re-
lection of the measure, the vote standing
l34 for, 161 against. Before the vote was
announced Mr.. Reed arose and attempted
| to make an explanation of the part he and
| many of his colleagues played who had