Barbour County index. [volume] (Medicine Lodge, Kan.) 1880-current, 1896-01-08
CONGRESSIONAL.

Dec 2S-Ihe Hous, passed the bond bill By
vote of 1S1 to 1856 Forty-seyen Republicans
refused to act with the majority of their party.
Inc Popul,sts and Democrats, with the excep-
ton OF Mr. Hutchison of Texas, who voted for
the bill, presented an unbroken front against
the bill. The bill, as passed, amends
hs resumption acts so as to permit
the issue OF per cent coin bonds
redeemabie after five years at the pleasure of
the government, and payable in fifteen years,
VIII with the specinc proviso that nothing in the
bill shall be construed to repeal the act of
1873 for the reissue of the greenbacks, and that
the bonds shall first be offered for subscription
at the sub-treasury and repositories of the
United States. The second section of the bill
provides for the issue of three-year per cent
debt certificates of determinations of so and
multiples thereof in amounts rot Exceeding
so0,OO.ooo to meet temporary deficiencies.
Dec 81 The Senate held a two hours ses-
sion IN thu course of which a speech by Mr.
tchell on tho - .oration of the McKinlay.
duties on woods was listened to and resolution
was passed for the investigation by the COM
m1ttee on naval affairs of the prices paid by
Government for ship armor. The resolution
contained broad intimation that officers of
the Government were inte rested in armor plate
processes. The most important featur, of the
session, perhaps, was a resolution offered
by Mr. Sherman for tho restoration of
the gold reserve, which, if the resolution is
adopted, shall be held sacred for the redemp-
tlon CT the greonbacks and treasury notes, the
former to be reissued only in exchange for gold
coin and bullion. Mr. Sherman will address
the Senate on his resolution Friday. Mr. Elk
ms asked for the immediate consideration of n
resolution apropos of the anticipated bond
issue, declaring it to be the sens, of the Senate
that no bonds Of the United States should be
sold at private sale, by private contract, but
should be disposed of by advertisement to the
highest bidder. Mr.. Hill of New York objected
Mr. Nelson OF Minnesota, made his first speech
In tn, Senate, advocating higher duties as
remedy fer present financial troubles.
Jan. 3.-The Senate heard stirring debate
on tho bond question. Mr.. Sherman spoke in
support of his resolution for the restoration of
the gold reserve He attributed the troubles of
tho treasury to the lack of revenue, caused by
the Wilson tariff bill MIR. Elkins of West Vir-
gInla sought to secure immediate vote on
his resolution directing that all bond issues be
advertised and the bonds offered to the public.
Mr. Hill attempted to have the resolution re-
ferred to committee, but on roll cali the vote
was overwhelmingly in favor of proceeding
with the question. Only six negative votes
were cast: Chiffon, Gallery, Hill, Mitchell,
of Wisconsin; Murphy and Brice. Mr..
Hill spoke vigorously against the reso-
luton He asserted that Mr. Sherman
when secretary of the treasury had mad, bond
contracts with New York syndicates similar to
the one now assailed This brought on a shar,
personal debate, in which Mr.. Hill, Mr. Sher
man. Mr. Hoar. Mr.. Teller and others partici-
pated. at 3 30 o clock the senate agreed to ad-
bare majority of 1. During the day Mr.. Nor
rill, from the finance committee, reported that
the tariff and bond bill would be ready on
Tuesday, to which day the senate adjourned.
The house was in session five minutes and ad.
iourned to Monday