The Butler weekly times., 1896-02-06
SILVER BILL IS PASSED
The Senate PreScribeS Free Coin
age as a Relief Measure.
HOUSEBOND BILL DEFEATED
Substitute of the Finance Com
mite has Z Majority.
VOTE WAS I3 AYES TO 30 NAYS.
Vest and C0ckreIl of Missouri Vote
With the Majority.
Observation-Disclosures
VOTE WAS 43 AYES TO 30 NAYS.


The long contest over the silver
bond bill is at an end in the Senate,
that body having passed the free sill
yer coinage substitute Of the House
bond bill by the decisive vote of AZ
to 35, a majority of seven for free
silver.
This result was reached at two
o'clock today after three hours of
caustic debate and sharp parliament
ary fencing. The public interest
in the elimination of the protracted
struggle was shown by crowded
galleries and full attendance on the
floor, seyenty-seven Senators being
present and the other paired. Bar
on Won Thielmann, the German am.
bassador, occupied front seat in
the diplomatic gallery, showing keen
interest in the final vote. Members
of the House crowded the chamber
filling available seats, and standing
room in the rear and side areas.
1t had been expected that a final
vote would be taken at o'clock, but
conflict of opinion arose us to the
agreement. resulting in considerable
bitterness aAd personal feeling.
Many amendments were pending
when 2 o'clock arrived, and these
were summarily cut off by strict
construction Of the agreement, al
though the differences over the
agreement itself held off the vote for
an hour beyond the time set. The
result was such foregone conclu-
sion that little excitement or surprise
was occasioned by the announcement
of the passage of the substitute.
THIS IS THE BILL THAT PASSED.
Washington, D. c., Feb. 1.-The
silver subject for the House bond
bill, passed by the Senate to-day,
provides for the free coinage of sill
yer and for the coinage of the seign-
orage in the Treasury to redeem
greenbacks and Treasury notes in
either gold or silver. The retirement
of all notes of less denomination
than $40 is also provided for. Fol.
lowing is the text:
From and after the passage Of
this act the mints of the United
States shall be open to the coinage
of silver, and there shall be coined
dollars Of the weight of 412t grains
Troy, of silver dollars nine.tents
fine, as provided by the act of Jan
uary Is, 1887, and upon the same
terms and subject to limitations and
provisions of law regulating the coin
age and legal tender quality of gold
and whenever the said coins herein
provided for shall be resolved into
the Treasury, certificates may be
issued thereon in the manner now
provided by law.
Section 2. That the Secretary of
the Treasury shall coin into stand
ard silver dollars, as soop as practic
able, according to the provisions Of
section l of this act, from the silver
bullion purchased under authority
Of the act of July IA, 1890, entitled
"An act directing the purchase Of
silver bullion and the issue Of Treas.
ury notes thereon, and for other
purposes" that portion of said sil
YER bullion which represents the
seigniorage or profi to the govern
ment, to.wit, the difference between
the cost of the silver purchased un
der said act and its coinage value
and said silver dollars SO coined
shall be used in payment OF the cur
rent expenses of the government
and for the purpose of making the
said seigniorage Immediately avail
able for use as money, the Secretary
of the Treasury is hereby authoriz
ed and directed to issue silver Ger
tihcates against it, as if it was al
ready coined and in the Treasury.
Section 3. That no national banl
note shall be hereafter issued for 1
denomination less than $40, and al
notes of such banks now outstanding
of denominations less than that sun
shall be as rapidly as practicable, re