The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-02-08
MR.. cox OBJECTED.

late Brig Gen T. c. Kelton. late adjutant-
general u. S. A; for the relief OF Catherine
MR.. cox OBJECTED.
Mr.. Grosvenor asked unanimous consent
for the consideration of joint resolution
for the appointment Of committee to IN
vestigate the validity of the election in
Tennessee last November.
.I object to consideration of that ques-
tion," shouted Mr.. Cox. of Tennessee. THE
State of Tennessee can take care of itself.
The House then went into committee of
the whole and resumed consideration of the
administration bill to authorize the sale OF
$500, co., 900 of gold bonds The pending ques.
ton was on the appeal from the decision OF
Bland out of order. The Chair was sus-
tained-130 to So.
Mr.. Brosus offered an amendment pro
of 500, $50 and $100 could be disposed OF
should be deposited for sale with nationa.
Mr.. Sickles made an eloquent appeal for
iieyed. he said, that the deliberations Of the
House on this question marked an important
was not a financier. 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
his country were involved in to-day's action
upon it. He had occasion to differ in the
past with the executive. the choice of hts
when he witnessed the brave, manly action
of the President in the present financial
crisis. Mr.. ClevelandS words were worthy
Of the most ilustrious of our statesmen
This was not the time, he continued, to set
silver or of bank notes 1t was supreme
moment in our history-such a crisis oc-
meet our obligations or default. IF my
long life," he concluded, largely devoted to
the service @ enod ehfte5 n me TO appe TO
tegrity of our country, for Gods sake, let
US profit by this opportunity" Applause.)
age m of the bill on some resolutions OF the
Indianapolis Board of Trade indorsing the
Presidents recommendations
Mr.. Strait created amusement while op-
posing the bill by describing the degenera-
ton of the Republic and Congress. If
Washington could look in on the House to-
day. he said, tears as big as mountains
would furrow his cheeks, and if John
Calhoun could come down he would 1.
four-fifths of the members from the capi-
tai"
Mr. Brosius's amendment was agreed to.
An amendment offered by Mr.. Wheeler to
repeal the State bank tax was lost without
division
A sOUTHERNER's APPEAL.
Mr.. Livingston offered the Wheeler amend
ment with the provision that the repeal
should go into effect July /, 1896. He stated
that the President favored the repeal of
the State bank tax, and on behalf of South
ern Democrats he appealed to the support
ers of this bill to give them this crumb.
Mr.. Daniels presented resolutions adopt
ed by the Board of Trade, Bankers As
ISOLATION and other commercial bodies Of
Buffalo in favor of the pending bill.
Are these the same associations asked
Mr.. Terry, which adopted resolutions in
1893 to the effect that the repeal of the
Sherman law would be followed by pros
perity?'
Perhaps they are" replied Mr.. Daniels,
Mr.. Boatner supported Mr.. Livingstons
amendment 1t was lost-84 to 96.
Mr.. Grosvenor asserted that the admins
trationS only hope of relief for the treas
ury lay in getting Republican votes, and he
| appealed to the other side 20 withhold
| political schemes and try the experiment
Mr.. Haugen offered an amendment the
provisions excluding from the operation of
section (authorizing national banks to
take out circulation up to the par value of
their bonds) outstanding bonds bearing but
| per cent. interest.
| Mr.. Haugens amendment was agreed to
without division.
| Mr.. Bell offered an amendment authorizing
the bonds issued by this bill to be sold for
| gold or silver without discrimination and
to be payable in gold or silver. 1t was de-
| bated by Messrs. Lockwood, Springer, Will
Jams OF Illinois, and others and was lost
"a to 106.
Mr.. Bryan called attention to the fact
that although the Republicans professed to
be IN favor of coin bonds not ten of them
| had voted for the Bell amendment and
I'll,
| substitute authorizing the issue of coin
| bonds. had voted against it.
,aa rs not the proposition of the Republican
rupted Mr.. Bower, better than that of the
| TT is not" replied Mr.. Bryan. ''Mr
| Cleveland's proposition is open and above
| board, while that of Mr.. Reed is masked
| He has just voted against an amendment in
| cooperating the idea of his substitute? Dem
| ocratic applause)
BLAND'S AMENDMENT LOST.
| Mr. Hutcheson offered an amendment
| similar to that of Mr.. Bell, making the
| bonds payable in gold and silver for which
| Mr.. Bland offered substitute for the COIN
| age of silver bullion in the treasury and the
| redemption of the treasury notes of 1890 in
coin provided by Section 3 of that act
| Both amendments were losu-Mr. Bland's by
/ a vote of 100 to ia.
| Mr.. Walker offered an amendment to con-
| fer on the Secretary of the Treasury dis
| cretion as to the interest to be paid in the
bonds and the time they should run.
Mr.. Holman characterized the bill as one
to perretuate the national banks.
| Mr. Everett made an earnest argument in
| favor of conferring discretion On the exc
cutive branch of the government, instead
| of holding it down to hard and fast rule
Mr.. Mallory spoke final word against
| Mr.. Hooker, of Mississippi, speaking
| against the Walker amendment, declared
| his unalterable opposition 20 conferring en-
| any one discretion to issue bonds for an
indefinite time. to run for an indefinite
| period, payable principal and interest in
| gold. Mr. Walkers amendment was lost
| 67 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 vit.ate the policy of the govern
! ment to pay all coin bonds in gold or silver
| at the option of the government as ex-
| pressed in a resolution passed by Congress
! in 1873
| Mr.. Cobb offered amendment to the
/ Cox substitute offered yesterday to make
| bonds issued under its provisions bear per
| cent. interest and payable III twenty years
The hour set for taking the vote e 800 ar
| rived while an amendment of Mr. Terry
| was being read. 1t cut off this arnendme Mt
| leaving the two substitutes and the amend
| n.ents thereto pending.
| the amendments adopted IN the commit
| tee were agreed to IN the House without
DIVISION except that to reduce the annual
| tax national banks circulation from /
| to Il of 1 per cent per annum. This wa )
also agreed to-200 to Al.
! Mr.. Reed then attempted to enforce an
| agreement which, he claimed, had been en-