The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-01-15
SESSION OF THE SENATE.
Butler Offers an Ameqdment Against
a Bond Issue.


Bond Issue.
Washington. Jan 14-In the Senate to-
day the private pension bill granting SIS
per month to the widow of Brig. Gen.
Cogswell of Massachusetts of the volun-
teer army, gave rise to some discussion,
Mr.. Hill inquiring as to the usual rate
of pension allowed in such cases and be-
ing informed by Mr.. Gallinger, who had
reported the. bill, that there was no rate
established but that under special acts
pensidps We're allowed all the way from
$50 to $500, $40 being about the average
rate, and Mr.. Allen protesting against
higher pensions being given to widows OF
officers than were given to the widows or
private soldiers. He thought the discrim-
nation was piece OF namby-pambyism
and fiunkeyiSm.
Mr.. Allen was replied to Mr. Hawley,
who said he would not characterize Mr..
Aliens remarks as he would like to, but
vocated was absolutely impossible. There
were grades of rank which would be
recognized whether the senator from Ne
braska recognized them or not. The bill
passed.
At ? o'clock the House bond bill, with
the finance committee silver substitute,
amendment to the bill prohibiting the
issue of bonds for any purpose whatever
without further action by congress and re-
quiring payment of the greenbacks, treas
pal of coin obligations in either gold coin
or silver coin, and he addressed the Sen
ate on the amendment.
1t would do, he said for either the re-
publican or the democratic side of the
chamber to eVade responsibility by saying
that it had no majority. 81 pledge" he
chamber to either party that will stop the
further issue of bonds; and six votes will
give a majority to either side. In fact,
either party can have majority in this
body when it desires to pass any law in
the interest of the American people,
In the course of his speech Mr.. Butler
asked Mr.. Hill a hypothetical question
based on the idea that he (Mr. Butler) had
given to the senator from Ohio (Mr. Sher-
but Mr.. Hill declared that the question
was so long that he could not remember
how it began.
'"That is just the way with these gold
bugs" said Mr.. Butler, they excuse their
ignorance by pleading want of memory"
MIR. Hin made good-humored remark
as to the question requiring some thought
and as to it's possibly involving insuper-
able obstacles. One instance showing
how ridiculous it was was the idea that
the senator from Ohio would take the note
of the senator from North Carolina for
any amount Oaughter)
Mr.. Butler occupied two hours in the
delivery of his speech, and the moor was
then taken by Mr.. PETER, pop. of Kan
sas, who will address the Senate on the
bond bill tomorrow.
T.
that the outstanding legal tender notes
shall not be retired, cancelled or funded
into Understanding bonds, but shall be
kept in circulation; that the whole of the
silver bullion now I'm the treasury shall
be coined as rapidly as possible-the coins
for the seigniorage to be paid out in cur
rent expenses and the rest in the redemp-
tion of treasury notes issued for its pur-
chase; that whenever there is a deficit in
the treasury, legal tender notes shall be
issued to meet current expenditures and
shall he destroyed when returned to the
treasury; that all laws authorizing the
sale OF Interest bearing bonds shall be re-
pealed: that it is the established policy of
the United States not only to keep all
kinds of money issued under it's authori-
ty at par but to require all creditors, pub
lie and private, to receive gold and silver
coins in payment of all obligations where
the terms of the. contract stipulate for
coin payment, and that it is the duty of
the Secretary of the Treasury to pay
United States notes in both gold and sill
yer coin.
He asked that the resolution lie on the
table, and gave notice that he would adj
dress the Senate on it tomorrow
The Senate at 4:25 O'Clock proceeded to
executive business, and shortly afterward
adjourned until tomorrow.