Pullman herald. [volume] (Pullman, W.T. [Wash.]) 1888-1989, 1896-01-04
THE HOLIDAY REST IN ORDER
An Inquiry as to Ambassador Bayard'S
Speeches in Great Britain viii
BE Made Offlcia ly.


day passed the bond bill by a vote of nc
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 a 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 it's favor.
AS it was AZ republicans refused tC
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 ar
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
| per cent coin bonds redeemable afte,
five years at the pleasure Of the govern
ment and payable in Is years, with tn
! specific provision that nothing in tn
! bill shall be construed to repeal tn
act of 1873 for the reissue Of greenback
and that the bonds shall first be Offered
| for subscription at the sub-rreasurie
and repositories of the United States.
The second section OF the bill provide
! for the issue of three-year per cen
debt certificates of denominations o
$40 and multiples thereof in amount
not exceeding $50, COX, 900 to meet temper
airy deficiencies.
THREE HOURS DEBATE.
When the house convened today blu
three hours remained for debate on thu
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 tC
resist the incursions of foreign colo
srabbers or domestic spectators.
Mr. Parker of New Jersey favored the
bill as good business measure.
Mr. McLauren of South Carolina OPP
posed it because it would increase the
burden of 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
CT
would be infused into the democratic
party, now crushed by the financial
policy of the administration.
Mr.. Cannon of Illinois, in support OF
the measure, declared that it was bill
to maintain specie payments which had
been resumed under the wise discretion
of the republican party in 1879.
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 and
patriotism stand ready to pass this bill.
If it is rejected by the senate or the
president, we shall at least have cast
our mite toward the protection of the
public credit and have given prophecy
of what we shall do when we come into
full power in 1897"
Mr. Bartlett of New York announced
that in his opinion the pending BILL in
stead of strengthening the financial
ability and credit of the government,
would lead to further panic and avowed
that he was for the maintenance Of the
gold standard until the powers of the
world agreed to the coinage of silver.