The Providence news. (Providence [R.I.]) 1891-1906, 1895-02-19
JONES GAINS
BY Swinging His Silver Bill
Into Line.
German Scheme Made Rider TO the
Sundry Civil Bill

WASHINGTON, Feb. 10.-By q bold par
liamcntary move the silver men Of the
senate, under the leadership Of Senator
Jones Dem., Ark }, forced aside all other
pending business, including appropria-
don bills and, by vote of 30 to "a, made
the bill for the unrestricted coinage of sill
yer the unfinished business before the sem
ate.
Having succeeded In this, Mr. Jones
gave notice that the silver bill would be
kept before the senate until final vote
was secured before adjournment today.
From the strength shown by tho silver
mon on the votes yesterday, there Is
little doubt Of Mr.. Jones ability to secure
The vote today unless obstructive tactics
and a test OF physical endurance are in
augurated, which are regarded as likely.
The move of the silver mon came as the
climax OF an exciting day in the senate.
For two hours at the opening there was a
renewal of the attack and defense. the
charge and countercharge, concerning the
course of the president and the secretary
OF the treasury In negotiating the recent
bond contract with foreign bankers.
Gray's Argument.
The two notable speeches OF the day
were made by Mr.. Gray (Dcm., Dell,
whose relations with the administration
are such that his utterances in defense
of the president and secretary were re-
garded as rejecting the attitude Of the ex-
ecutive branch, and by Mr.. Sherman,
whose financial views are always received
with marked attention.
Mr. Gray placed the responsibility for the
bond contract OH congress, asserting that
the president had fully warned congress
OF the inevitable result IL the present
financial laws were not revised. The
senator declared that the drain of gold
had become SO tremendous that the sub.
treasury at New York might not hold out
another "a hours
In this crisis the president had acted,
and acted quickly, in order to maintain
the parity OF metals and thus uphold the
honor OF the country.
Mr.. Sherman's criticisms OF the bond
contract were none the less severe because
OF the calm and dispassionate manner in
which he set forth what he termed ''its
hard and impolitic" features and the Eek
cessiye" rate of interest allowed on 30
year bonds. Mr. Sherman declared that
no bonds should be issued except to be
taken by the people Of tho United States,
and he asserted tho abundant ability OF
Americans to furnish all the gold neces-
sary. The Ohio senator did not, how
ever, question the presidents position In
favor OF gold.
A Tight Pinch.
The attention OF the treasury officials
was called TO the statement made by Sen.
ator Gray 10 the effect that Just prior TO
the signing Of the last bond contract
United States Treasurer Jordan had noti-
fed the secretary that he could not con-
tinue longer than the next day to pay gold
on demand for legal tenders This state.
ment, it was said, was substantially cor.
rect.
On wednesday evening OF Jan. 80, Mr..
Jordan, in a telephone message to tho de-
partment, said that he Thought he could
hold out until the following Saturday,, but
that the next business day might decide
the situation. IL was further said at the
department that the net gold coin In the
sut-treaSury and assay offices on Feb 2,
less gold certificates to order outstanding,
was s35, $40, ,5l6. and that the gold bullion
amounted TO $40 g3S, sos making the total
coin and bullion s79, 500, 3Si.
Tackled to sundry Civil Bill.
tcrday completed the sundry civil appro-
priation bill. The full committee incor-
porated the German amendment author.
izing the secretary of the treasury to issue
$l00, 900, 600 loan certificates to meet any
deficiencies that may hereafter exist.
This proposition was not antagonized
by the Republican members OF the com.
uittee, but 1t will be strongly opposed by
sxtreme silver advocates on both sides of
the chamber. It will secure all OF tho
Republicans except those who favor free
coinage of silver A large majority of
Democrats will vote for it.
The text of tho certificate amendment
Co the sundry civil bill is as follows:
That in order 20 provide the moneys not sup
piled from current revenues and miscellano.
Gus receipts, and necessary for the execution
Of this act and necessary for the execution II
any act or all the other acts passed or 10 be
passed during the present session of congress
appropriating money to he paid out of the
treasury for the fiscal year eadiny June 20,
1855, and also I'm order 60 provide the
moneys necessary 10 be paid out OF
thc treasury on account OF appropria-
IONS heretofore made for the fiscal year end