The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1895-02-25
UNITED STATES.

Captain Charles Nelson, which was
purchased from the English Gov
eminent. A simil ir bill was intro.
duced in the Senate by White.
40 HOPE FOR FINANCIAL LEGISLATION.
Another days debate in the House
on the financial question has but
served to emphasize the fact that no
legislation affecting the financial
situation is to be expected from the
53d Congress. A week ago, the
House refused, by vote OF 162 to
1876, to adopt the last Springer Bank
ing aud Currency Bill which con-
tanned the provision authorizing the
issue of long time, low interest
bonds, and to-day by the still more
decisive vote of l67 to 40, it declin-
ed to authorize the issue OF 65,0OO,-
600 3 percent gold bonds with which
to replace the 81 percent bonds,
negotiated with the Morgan Bel
mont syndicate in payment for the
purchase OF 3,50O000 ounces OF gold
coin. The consideration OF he joint
resolution for this purpose reported
yesterday from the Committee on
Ways and Means by Chairman Will
son, occupied all of the session OF
six and one-half hours, and the dis
cussion attracted an attendance OF
spectators which overnpwed the
public galleries aud encroached up
en- the reserved space for the diplo-
matte corps aud other distinguished
visitors. The debate followed in
general way the lines of the debate
on the Springer Bill last week, but
the Opposition to day was much
more aggressive than on that occa
sion.
Mr.. Wilson was aided in his advo-
cacy Of the measure by Mr.. Reed
rep Me.), Mr.. Payne Rep. n. W,
Mr.. Turner Dem. Ga }, and Mr.. Ry-
null Dem. Ind J, all me nbsrs OF the
Committee on Ways and Means,
who urged that the joint resolution
was a business matter merely, dis
associated from policies or anything
OF that kind, the passage OF which
would result in saving oi $4,000
900 to the people. Their efforts
were seconded by Mr.. Daniels (Rsr.
n. ", Mr. Stone (Rep. Pa, Mr..
Coombs and Mr.. Hendrix (Dem n.
W Mr.. Springer Dem. Ills }, and Mr..
Cooper Dem. Fla) The opposition
to the passage Of the joint resolution
was led by Mr.. Hopkins rep. Ills.)
and Mr.. Bryan Dem. NebD members
OF the Committee on Ways and
Means, and it developed startling
points. Mr.. Hopkins asserted that
the President was not animlt-
ed by patriotic motives in sending
his la est message to Congress, but
by a desire to unload upon that bo-
dy the responsibility for a transac-
ton, negotiated by his former law
partner, that would net the syndi-
cate represented by him S25, 100000.
Mr. Bryan declared the scheme
proposed in the joint resolution to
be but another step in the accom-
plishment OF the conspiracy to
strangle silver, and solemnly assur-
ed the House that so serious did he
consider it to be that were there any
probability OF its passage and the
forfeiture Of his life would prevent
it, he would gladly lay down his life
in that behalf. Mr.. Cannon (Rep.
llls.) limited at impeachment, and
Mr.. Hepburn (Rep. Iowa. said that
Republicans who favored the meas
ure proposed new policy, a repu-
diation Of all the declarations OF the
party in the past and the institution
OF new policy that called for new
following.
Other speeches against the joint
resolution were made by Messrs.
Mcmillan dem. Tenn.), Wheeler
Dem. Ala.), and Grosvenor (Rep.
Ohio, members Of the Committee
on Ways and Means; Livingstone
Dem. Ga.), Northway and Hulick
(Reps. Ohio, Bland and Hatch
(Dems. MOI, KEN Pop. Neb), Simp-
son pop. Kans.) and Vanvorhis
(Rep. n. W
The vote was taken at 5 o'clock
upon the question, "Shall the joint
resolution be engrossed and read a
third timer" the result being as sta
ted, yeas, l2O; nays, 1877.
"The bill is Dead" officially de-
clared the Speaker, and at $3.50
o'clock the House adjourned until
tomorrow at IL o'clock.