The Corvallis gazette. [volume] (Corvallis, Or.) 1862-1899, 1895-02-07
Pending in Congress
for Settlement.
The Currency Bill Is Set
for Debate.
Happenings at the Great Capital
Yesterday as Announced by
Wire Last Night.

WASHINGTON, Feb. 4.-An attempt
was made in the house today to pass
the omnibus bill for the payment of
claims for stores and supplies conns-
Gated from loyal persons in the South
during the war, amounting to $71S,-
663. 1t excited much opposition es-
pecially from the Pennsylvania mem
bers interested in the Pennsylvania
war claims amounting to $1,OOOO00,
and the measure was defeated, 95 to
14S.
The rule was then adopted for the
consideration. OF the CURT ency bill to-
morrow, Wednesday and Thursday,
after which, the remainder of the day
was devoted to the agricultural appro-
priation bill, which was passed without
amendment. An attempt to reduce the
appropriation for the distribution Of
seed failed.
The calculations OF the supporters Of
the new administration financial bill,
were upset, today, by the interjectioa
of a new factor in the campaign. Reed
Of Maine, the republican leader brought
forward a bill, for which he Is endeav-
oring to enlist the entire strength of his
party, and which he will offer as q sub
stitute for the administration scheme
if he thinks his plan can Command suf-
f1dient support to make it a factor in
the Tight There are two sections to
the Reed plan i'm the form in which he
has submitted it to his colleagues.
The first proposes to restrict the law
of 1875, which authorizes the secre-
tary OF the treasury ito issue bonds to
redeem grcenbacks, to 3 per cent
bonds The second section authorizes
the secretary Of the treasury when
there is q. deficit to issue certificates Of
Indebtedness to pay current expenses.
These certificates are to be in sums
Of $25, $50 and $1OO and any multi
pies thereof, bearing interest at 8 per
cent and payable in coin.
The bill, as Reed explained it to the
republicans, whose support he sought,
is but a temporary expedient to tide
over the present distress. The sub
sdtitution of 'coin" for the gold provis-
ions Of the administration bill, is ex-
pected to win for 1t the liberation, If
not the support of the free silver men
who bitterly oppose all propositions to
discriminate, by stipulation, ia any
bill, in favor of gold.
Chairman Springer and his colleagues
have counted ON most of the republican
votes for the administration bill.
The house committee on pl bic lands
voted today to report the bill introduce
ed by Ellis OF Oregon to amend the act
of 1890 for the forfeiture of certain
lands granted to the railroads, so as
to extend the time within which per-
sons entitled to purchase said lands,
may make such purchases, 10 Jan. l,
1897.
Senator Power today reported from
the COMMITTEES ON public lands q substi-
tute for the house bill for the sxam-
ination and classification OF mineral
IaIndc in Montara end Idaho within
the Northern Pacific grant. 1t pro-
videc for n commission Of four. one to
be elected by the secretary OF the In
terror, one by the Northern Pacific, and
two by the Montana delegation in con-
gress; this committee is to determine
what mineral lands are to be exempted
from the grant to the railroad COM
pany.
So far as can be learned there has
been no change in the bond situation.
All officials are reticent on the sTJ-
ject and decline to either affirm or deny
any rumors brought TO their atten-
tion. The concensus of opinion is, that
the bond issue will be made very soon
| and that all arre ngements to this end
are substantially complete. The
amount is $1OOOO0,0OO, to run for
thirty years. Arrangements, it is be
| lieved, have been practically concluded
assuring the government that these
| bonds will be paid for with foreign
| gold.