The Kootenai herald. [volume] (Kootenai, Idaho) 1891-1904, 1896-01-04
The Opposition Fell Short Num-
Der Of Votes.
THE HOLIDAY REST IN ORDER
An Inquiry as to Ambassador Bayard's
speeches in Great Britain VIII
Be Made Officia ly.

to 1876 and thus having discharged the
task for which it has been sitting dur
ing the recess. effected an agreement
by which the house should adjourn next
week for three days at time in order |
to give the members an opportunity to
spend New Years day at their homes. |
The closing hours of the debate today |
were lacking in spirit and there was |
practically no excitement until the vote |
was taken. The margin of SO by which |
the first section of the bill, against
which the republican opponents of the |
measure massed their opposition, was
passed, showing that the friends of the
measure had marshalled every aVaila-
BILE vote in its favor.
AS it was AZ republicans refused to
act with the majority of their party.
The populists and democrats with the
exception of Mr.. Hutchinson of Texas
who voted for the BILL presented an
unbroken front against the bill.
THE BILL AS PASSED.
The bill as passed amends the resump-
ton acts so as to permit the issue of 3
per cent coin bonds redeemable after
five years at the pleasure of the govern
ment and payable in Is years, with the
specific provision that nothing in the
bill shall be construed to repeal the
act of 1873 for the reissue of greenbacks
and that the bonds shall first be offered
for subscription at the sub-treasuries
and repositories of the United States.
The second section of the bill provides
for the issue of three-year per cent
debt certificates of denominations of
$40 and multiples thereof in amounts
| ro
airy deficiencies.
THREE HOURS DEBATE.
When the house convened today but
three hours remained for debate on the
bond bill. The vote, by the terms of the
rule under which the house was operat-
ing. was to be taken at o'clock.
Mr.. Brosius of Pennsylvania opened
the DEBATE in favor of the bill This was
the only country on the globe, he said,
where gold redemption had neither
qualification nor limitation and where
the treasury was without the power to
resist the incursions of foreign gold
grabbers or domestic spectators.
Mr.. Parker of New Jersey favored the
bill as a good business measure.
Mr.. McLauren of South Carolina OPP
posed it because it would increase the
burden of a people already taX-ridden
and would tend to legalize a series of
usurpation of power by the
secretary of the treasury. If
the secretary would use his dis
erection and redeem notes in silver the
gold raids would stop and new hope
would be infused into the democratic
party, now crushed by the financial
policy of the administration.
You on the other side will vote
against this bill; those in favor OF silver
at 16 to l, because you want to impair
the credit of the country and force us
to a silver basis those who support
the administration because it wants
= gold bonds. We in our judgment anc
patriotism stand ready to pass this bill
II it is rejected by the senate or the
J president, we shall at least have cas-
our mite toward the protection of thu
public credit and have given prophecy
of what we shall do when we come int
full power in 1897"
3 Mr.. Bartlett of New York announced
Re that in his opinion the pending bill, in
! stead of strengthening the financia
\ ability and credit of the government
would lead to further panic and avowe'
O that he was for the maintenance of tn
Il gold standard until the powers of tn
e world agreed to the coinage of silver
Mr.. Tawney of Michigan, in supper
,, of the BILL called attention to the presi
= dents urgent appeal to congress to d
s something before adjournlng. He kneV
e and everybody knew that gold bond
e would not be authorized by congress
n and because congress would not Civ
II him authority, he and his secretary {
. the treasury had already reopened M
! gotiations with the same old malodol
D. Gus syndicate for another issue of
per cent bonds. The people Of the coul
try were to be given no opportunity
~ subscribe.
~ Mr.. Bailey of Texas, in outlining II
attitude of the silver democrats, sa
O. that they had decided to offer as a sui
stitute for the bill a measure that wou
v in his opinion render the further sa
ce of bonds unnecessary. AS plain bus
lie ness proposition, the treasury should co
he the silver seigniorage. That would fu
IS. nish the treasury $5S,OOO,OOO Of ado
W. tional assets. Successive gold wit
,e. drawals and bond issues might
as forced until the public debt was
til creased indefinitely.
Ior Mr.. Burton of Missouri and Mr.. Co
fe. Molly of Illinois. who had been count
: on as opponents of the bill, gave tn
support to it in brief speeches.
Mr.. Payne called attention 70 the ia
est that the administration was alrea
an preparing to issue 500, 900 of 3n-ye
re- bonds. This was the emergency u
I'd this bill met by a reduction of intere
rts 1.-THE presidents message lnterru
ed Mr.. Linney of North Carolina, "ss
that the s155, 900, 900 of silver certifica
issued against the bullion purcha!
ake | undar tha AFT of 1890 constituted q