The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1895-12-28
The BOND BILL DEBATE
DEMOCRATS AND POPUIISTS
ARE UNITED IN THEIR
OPPOSITION.
REPuBLI ICANS ALSO OUT or LINE

Eleven OF Them Kick over he Tfae' $
ON the Adoption of the Rule Against
the IntFoductIOn of Amendments 10
the Ui,l.-Reed and his Gang XteHd
the ime for Debate Till TODAY AZ B
O'Clock, w hen the Bill VIII P.oba-
bly, be Raiiroaded Through.
WASHINGTON, Dec. 27.-The House
to-day entered upon the consideration
of the bond bill, which, in conjunction
with the tariff bill passed yesterday,
constitute the relief which the Repub-
lican House of Representatives offers
the Democratic Executive to meet the
existing financial situation.
The bill aroused the united opposi-
ton of the Democrats and Popuiists,
the gold Democrats being arrayed
against it because they claim it did
not give the Secretary the authority
to issue gold bonds with which he de-
sired to replenish the reserve, and the
silver Democrats, on the ground OF
their general opposition to bond issues.
The latter contended that the ralds
on the Treasury could be stopped If
the Secretary would use his discretion
TO redeem notes in silver when the re-
serve was threatened.
In the Republican ranks, also, there
developed such bitter opposition to
the bill. as originally drawn, and to
the proposition to force the billto a
vote today, that the Republican mem
hers of the committee on Ways
and Means incorporated in it an
,..l1 1aaI .tran "a
nothing in the act should be construed
as a modification or repeal of the act
of 1878 for the reissue of the green
backs when redeemed and the commit
tee on Rules extended the limit of de
bate until tomorrow at 3 O'Clock, but
declined to give the members of the
House opportunity TO offer amend
ments.
These concessions probably brought
few of the fractions Republicans into
line, how many the vote tomorrow
will show
But eleven Republicans went over
the party traces to-day on the adop-
ton of the rule This. it is stated, does
not represent more than one-fourth OF
the opposition to the measure iself.
The feature of the day was strong
speech from Mr.. Johnson, (Republiean,
California) appealing to his RepublI-
can colleagues TO vote against the biH.
He scored the Republican leaders for
bringing in the BILL He said he had
voted for the revenue measure yester-
day under protest, but he refused TO
follow them on the present bill. Poll
tica1 expediency. which involved sur
render Of principle, he declared, would
never succeed. The debate ran far IN
TO the night.
Mr.. Henderson. Republican Iowa.
from the committee on Rules then pre-
scented the rule for the consideration
of the bond bill. 1t provided for de-
bate until 10 o'clock tonight, with a
recess from fiye until s and its contin-
uance tomorrow until 3 O'Clock, when
vote should be taken without inter
vening motion or amendment separate
ly.
Mr. Crisp. democrat. Georgia. took
the floor in opposition 10 the adoption
of the rule lie admitted that nothing
he would say would have any effect
but he thought if gentlemen on the
other side would consider what had
been done and what was TO be done
they would make haste a little more
slowly. Yesterday a general tariff
bill, the exact effect of which, on partic-
ular industries and on the revenues,
no one knew, had been rushed through
the House. To-day it had been pro-
posed to put through bond bill in the
same summary manner. But the muir
murings OF discomfort on the other
side had forced the autocrat of the
House and the "so-called leaders 10
yield a little more time. lie admon-
ished the other side that it was only
by resistance that they could obtain
their rights.
Mr.. Bailey. democrat, Texas said
yesterday with four hours debate =
bill which would burden the people
with $40 100000 of additional taxes was
passed. To-day the urformancc Was
TO be repeated but this time posterity
was to be saddled with an interest
bearing debt of which no one knew how
many millions. The country he said
would no more tolerate precipitate
haste than it would incxcusable de-
lay.
When the twenty minutes allowed
the Democratic side had been con
sumed Mr.. Henderson, who was il
charge Of the rule, rather surprised
the House by declining 10 make any
reply to the criticisms from the Other
side. lie demanded a vote on the IA
doption Of the rule which was takei
by yeas and nays. The rule was a.
dopted 195-l0i. 1t was not a stric'
party vote. The Populists voted viii
the Democrats against its adoption
and the following Republicans Noteo
in opposition 10 the majority Of their
party: Baker. n, H.; Conelly. ils.:
Dayton ". Va: Huling, w. Va.
Kirkpatrick, Kansas: Linney, Norft
Carolina; Mccormick, New York
Shafroth. Colorados Pearson. \. G..
MondeH Wyoming and Miller Kansas
The bond bill was then laid before
the House and Mr. Dingley opened tn
debate u favor Of ite adoption aul
explained the bill As a plain busi
ness proposition the- Secretary shcnl.
have the power to float 3 per cen
bonds. II also provided that thes,
bonds should first be offered to tn
people Of the United States and Nh