Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1896-02-01
SILVER SUBSTITUTE.
t Is Again the Subject Of DlScuSSlOn
in The Federal Senate
,,I,s. Rate AND PAsco sPEAM'
The rirst-Nnmcd En'os'''S
democratic Par'S' an"
.,u, 20 interrupt Him
,.,. nm pond Bin To-Day

No,e on Bond Biii To-""''
,.su,xcroN. D. c., January Si,-
a ",.'il'' ,,-.iov I'm Committee oi 'he
INC ''''. o.,,red upon consideration oi
81 ho.'' ,t,,c appropriations Tor the
n ihe "'.' ,,,i,r,bia for the year endihs
,.o- Much Of the time was
-, an discussing the provision iepol'
"a hv the committee for opeN'ne - -
-, the gas and elec'ric-hsh''hs
.,a citv Of washington, each OF
49,, 90 now in the hands IL was
.D,,el of practically a monopoly. oD-
80, was made to the provision on the
II ..,,d that il changed existing law
,s therefore had no place In an ap-
oronriation bill; that such PROVISION
.h,,id be made IN a separate bill.
rho chairman Of the Committee OF
no Whole Mr. Payne Repubhcan), OF
xew York. ruled that the provision was
a change Of existing law, and 1t was
stricken out.
Before finally disposing of the hsh'ins
schedule OF the bill the committee rose,
and the House took a recess unth
o'clock.
The following bills were passed early
I'm the day: Authorizing the secretary
NJ the Treasury to exclude from inc
ooerations Of the internal revenue la"'
exccpt as TO the payment Oh ,dNos'
brsndies made from all OF me liul's, %
veil "a that made from apples, peaches
or grapes. as provided I'm the present
tariff law: changing the time ior noiu-
ing district and circuit courts III ,ne
Northern Division of the Eastern Dls-
,rict of Tennessee; authorizing the
escre,arv of The Navy TO appoint eX-
Naval Cadets Ryan. Morils' anu "'i''
assistant engineers.
THE contested election case OF Rosen-
,bal - Crowley. from the Tenth Texas
District. was settled i'm favor oil the st-
ding member Crowley. DemocraD, upon
tho unanimous report Of Committee
on Elections No. g. Mr.. Rosenthal diu
not avail himself Of the privilege accord
ed him Yesterday Of addressing the House
for an hour in his own behaf.
THE BOND BILL.
The Senate was called to order by the
Vice President at noon, at which time
there were not over "A dozen senators
nresent As to-days session. through
Inc parliamentary device of taking re-
cess instead Of an adjournment, yester-
dav was but a continuation Of yester-
DAYS. the usual formalties of prayer,
reading the Journal presenting memo
risls introducing bills. and all the
other morning business was dispensed
with. and the Senate contnud the con-
sIderation of the House bond BILL win
The Finance Committees free-coinage
substitute.
The end of the long debate on the bill
was sighted when a unanimous agree
nent was made that after an evening
session, to be devoted to clearing off be-
lated speeches. recess shall be taken
tin II A. NJ. tomorrow, and that
then. after Mr.. Morrill, Republican,,
II Vermont. shall have been heard, the
discussion shall 20 on under the five-min-
ate rule until i. NJ, when the mai
vote is to be taken. There was very
little difficulty in reaching the agreement.
IL was stipulated that the agreement
should not preclude the Offering of
amendments or substitutes, or motion
10 postpone indefinitely, and Mr.. Har-
rs accepted the stipulation.
Three speeches were made on the sub
iect to-day. Mr. Villas spoke for two
hours and three quarters in opposition
both 70 the bill and the substitute.
He yielded 10 an interruption from Mr..
Mitchell Repubicam, Of Oregon. who
characterized the demand that the last
issue Of bonds must be paid in gold,
after the syndicate had obtained them at
2 lowe* price, because they were spe-
cihcaly made payable "in COIN as
"bunco-game."
TILLMAN D1SREGARDED
Mr.. villas. however, declined to let Mr.
Tillman divert him from his argument
10y questions. He closed with a eulogium
ON the Democratic party. yielding
neither TO the reactionary forces of old
absolutism, nor TO the lurid fire Of an
archy"
The delivery Of the speech occupied two
hours and three quarters. Although it
had been prepared in advance, and lay
before the Senator in typewriter pages,
there was 80 much spirit and energy
employed I'm it's delivery that II was
difficult 10 realize that it was being
read.
Mr Bate next took the floor and de-
clared that he was unable to aid either
Of The measures sent 10 the Senate
They made a combination directly
against the wishes OF the people as
he understood the drift Of public opin-
i0n. The one increased taxes not ne
cessary 60 the support OF the govern
mcnt. and the other imposed a heavy
IAiH'AAf N'NA i'iNrflN ana lMIUIf. also
unnecessary. The Finance Committee
had by its silver substitute attempted
to bring the country back 10 the
constitutional currency Of both gold and
sllyer-tO restore the only legal-tender
medium mentioned in the Constitution
The legal-tcnder faculty had been given
90 the greenbacks by adding one JUS
tlce 10 the Supreme Court: but the Con-
efituion had bestowed ii on gold and
silver.
Tn providing for the free-colnaeo ~
silver there would be no innovation unon
the principles Of sound money. II vvee |
an earnest and honest effort 10 resforo I
10 the currency OF the country that /
money which had been since the davs /
Of Abraham current in all trades. II |
was a vain waste Of time TO tell the peo- /
pie that silver was not sound money. I
such assertion was contradcted by the 4
lessons Of history
10 might be patriotism. 81 might be
pride. but II was also tie positive con-
,Iction OF the people that the United /
states. among the nations Of the world. /
was potential enough to stamp It's de-
,larcl policy upon international cx-
Changes. and that when this country fixed |
ratio ana entered on the free coinage
of silver the ratio would force itself into
recognition by other nations.
The people. therefore believed that the
coinage of fho idle silver la the Treasury
would result In the immediate rise Of !
prices; that prosperity would speedily take |
the place OF depression. and the country
would again enter upon that wonderful /
career Of enterprise and wealth which /
had been so rldely shocked and destroyed |
Dy the legislation OF 1873.
The countIy d.manded an American /
policy for American affairs. political, /
ffnrrrfaI q. rI c,,,,,orct.t