The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1896-01-14
Hostility to the White Metal on
the Part of the Ohio
Statesman.
DAVE HILL AND THE PoPULIsTs.
Resolutions Empowering the President
to Extend Belligerent Represen.
tation to Cubans.

! WASHINGTON, D. c., Jan. 13.-Sena-
tor Morgan CD of Alabama delivered a
two hours speech in the Senate to-day on
| the House bond bill and the free silver
| substitute for it reported from the Finance
| Committee. Mr.. Morgan assaulted bitterly
the course of Sherman (R.) of Ohio both
as Senator and as Secretary of the Treas
ury, il hostility to silver as currency on a
| parity with gold.
When he resumed his seat the floor was
taken by Butler (Pop.) of North Carolina,
who will speak on the Dill tomorrow.
A concurrent resolution empowering and
directing the President TO receive depu-
tation from the Cuban revolutionists
| and to extend belligerent represent ation to
them was introduced by Kyle (Pop.) of
South Dakota and referred to the Com
mittee on Foreign Relations
A rather amusing colloquy between Hill
| Cd OF New York and the two North Caro-
Ina Senators--Pritchard (R.) and Butler
crop. )-took place apropos of a sarcastic
remark of Hills few days ago, 10 the
| effect that although the two North Caro-
lima Senators were elected at the same time
and by the same combination their state
| ments were inconsistent, one of them
claiming that the State was in favor of
high protective duties, while the other
| asserted that it was in favor of tariff re-
form. Hill declared that it would be
utterly impossible in the next Presidential
election for either of the two great parties
to crafty the constituency of North Caro-
lima.
Kyle (Pop.) OF South Dakota introduced
| concurrent resolution empowering and
directing the President to receive such
persons as may present themselves, salts
factoriy accredited to act on behalf of the
Cuban patriots and extend belligerent
rights. The resolution was referred to the
Committee on Foreign Relations.
A communication was received from the
Secretary of the Treasury. in reply to a
resolution of the Senate offered by PETER
(Pop.) of Kansas, which asked whether the
gold reserve of 100000, 900 had ever been
actually segregated or set apart from other
currency. The Secretary states that, "At
no time since the establishment OF the So
called gold reserve has the sum of $10C-
600, 600, or any other sum, been segregated
or set apart from the general cash in the
treasury" and that there is no provision
of law requiring it to be done. The Secre-
tary adds:
in the exercise of the discretion con-
ferred by Congress upon him, the Secre-
tary sold for redemption purposes in 1877
and 1878, United States per cent and AZ
per cent bonds to the amount of sos 500, 900
and deposited the proceeds, $96, 600, 900 in
gold, in the general cash in the treasury.
This, with other gold, which had
been received as surplus revenues, con.
stituted the fund prepared and pro-
yided by the Secretary of the Treasury for
the redemption directed in the act of jan
uary IA, 1875. The existence of the reserve
fund was generally recognized at the time
of its establishment as stated, and one of
the measures adopted by the Secretary of
the Treasury to prevent its unnecessary
depletion was the discontinuance of the
issue of the gold certificates authorized by
the act of March. 1868. This act author
lied, but did not direct such issue and some
inconvenience resulted from this discon-
tinuance by section II of the bank act of
July II, 1882, and the Secretary was author
lied and directed to receive deposits of
gold coin and bullion and to issue certif-
Gates therefor; but it was provided that
the Secretary of the Treasury shall sus-
pend the issue of such gold certificates
whenever the amount OF gold coin and gold
bullion in the treasury reserved for the re-
demption of the United States notes falls
below 500, 100000 No other reference to
the reserve fund is contained in the laws
of the United States..'
Among the bills introduced and referred
was one by Chandler (R.) of New Hamp-
shire for the refunding of United States
notes in 2 per cent bonds.
Kyle Pop.) of South Dakota introduced
a concurrent resolution empowering and
directing the President of the United
States to receive such persons as may pre-
sent themselves, satisfactorily accredited
to act on behalf of the Cuban PATRIOTS and
extend belligerent rights. The resolution
was referred to the Committee on Foreign
Relations.
A bill to amend the act FORGETTING rail-
road lands was reported back by Mcbride
(R.) of Oregon and passed. 1t was ex-
planned as having no other effect than to
require the fencing, improving and Gull
tivating of such lands to be regarded as
fulfilling the requirement of possession. ;"
A bill to amend the act FORGETTING rail-
road lands was reported back by Mcbride
(R.) of Oregon and passed. 1t was ex-
planned as having no other effect than to
require the fencing, improving and ctlti-
waiting of such lands to be regarded as
fulfilling the requirement. of possession"
A spirited colloquy occurred between
Hill (D.) of New York and the two North
Carolina Senators - Pritchard (R.) and
Butler (Pop.)--in which the politics of
each were sarcastically criticized.
Pritchard suggested that the difference
between his colleague (Butler) and the
New York Senator was that the former
left the Democratic party because its abuses
could not be corrected inside of the organi-
cation, while the latter had been kicked
out and branded as traitor"
Hill retorted that "the Democratic party
has met with some reverses within the last
two or three years, but l still fatter my
self that am lively member of what is
left of that organization. Laughter.
Butler (Pop.) of North Carolina defended
his political course and his present posi-
ton on the tariff question, contrasting
both with those of Hill.