The record-union., 1896-02-13

the List of National Holidays the
Birthday of Abraham Lincoln,
Failed to Pass the Senate Yes
terday.
WASHINGTON, Feb. 12.-several
big guns were fired in the financial de-
bate in the House to-day. and the pro-
ceedings were among the most inter-
esting of the protracted discussion.
Dolliver (Rep) of Iowa and McMillin
Dem) of Tennessee, of the Committee
on Ways and Means, respectively op-
posed and advocated the Senate's free
coinage substitute for the House bond
bill
The Senate joint resolution appro-
priating $4,000 to pay the joint ex-
penses- of the survey of the boundary
line between Alaska and British North
American possessions was reported
from the Committee on Appropriations
and passed.
The hour and half prior to the open
ing session of Wednesdays legislative
day in the House was largely given over
to the advocates of the Senate's free
silver substitute. 1t was supported by
Underwood Dem.) of Alabama and Cox
(Den.) of Tennessee.
In the prayer with which the pro-
ceedings were opened Chaplain Coudert
made Abraham Lincoln the subject, re-
turning thanks for the qualities with
which men had been endowed as eX-
emplified in his character, and praying
that we may emulate the virtues which
shone in him, with malice toward none
and with charity for ALL
Considerable amusement was occa-
stoned by KEN (Pop) of Nebraska, who
rose to a question. of personal privilege.
He stated that in the Record of this
morning there appeared under the
heading, Coin Redemption-Remar
of Hon. Omar NJ. KEN of Nebraska, in
the House of Representatives Wednes-
day, February 5, 1885, a straight rad
ical gold bug speech.
Perkins CRep.) Of Iowa solemnly in
uuired if the gentleman disclaimed the
remarks there imputed to him.
Mercer (Rep) of Nebraska-Oh,
hope not wish for once that the dele
cation from Nebraska could be solid on
the financial question.
KEN took the matter rather earnestly,
and said: "Some gentlemen ask if
was hypnotized. Laughter) 1 can
imagine that an advocate of the single
gold standard should be hypnotized and
believe most of them are but 1 cannot
understand how free silver man can
be hypnotized at any time or at any
place.
W. A. Stone GRep) of Pennsylvania
AS the Record shows you to have
had a lucid interval, why not let it
stand? HaughterO
Resuming, KEN said it was evident
that a grave mistake had occurred; he
must be charitable and put that con-
struction on it; but he could not under
stand how it occurred. He therefore
moved, unless some gentleman would
rise and father the remarks, which he
entirely repudiated, that they be ex-
plunged from the Record"
It was explained that the error was
one which could be corrected, and that
would be done. The speech was pre-
pared by Kerr and furnished under the
general leave to print. At the print
ing office the mistake was made of i'm
putting the speech to KEN.
Cannon Rep.) of Illinois reported from
the Comittee on Appropriations, with
its unanimous approval. the Senate
Joint resolution appropriating $4,000
for the joint expenses for the survey o1
the line between Alaska and the British
possessions.
Recurring then to the bond silver bill
the House in Committee of the Whole
Payne (Rep.) of New York in the chair
heard Dolliver Rep.) of Iowa, member
of the Committee on Ways and Means
resume the discussion. He felicitatet
himelf that the questions of economy
could be and had always been safely
left to the conservative judgment of the
American people. In other countries
they were for the settlement of finan
ciers and statesmen only. He felici
4ated himself that the Republican party
was broad enough and generous enough
TO Hospitality receive and entertain thu
1natured opinions of any man upo1
these subjects.
Dolliver said that of all proposition!
relating to the money question he haC
separated two which he thought th'
american people were solidly in favo
of. These two-frst, that every dol
lar circulated in the country should bea
the national stamp, and not be left 7
the varying influences of State legis
1ation. and, second, that every dolla
thus stamped should be equal in pur
chasing power to every other dollar.
After reading foreign treatises of tn
thirteenth and fourteenth centuries h
had formed these conclusions on tn
subject:
First-That any coin minted unde
free coinage is bound in the long rul
TO partake of the value of the meta
contained in it.
Second-That any nation makln'
coins of two metals of the same nomlna
value stands to lose instantly the coll
made of the metal which is under
valued.
In conclusion, Dolliver said: begin
ming with the issue Of greenbacks an
going on to the establishment of the ma
tional banks, TO the payment OF tn
public debt in coin, to the demonetiza
tfon of silver, to the resumption 0
specie payments. everyone of thos
Acts. every Act complained of as par
Of a conspiracy against the people Q
the United Stats. has upon it the sigma
4ure and approval, either of Abraham
T5ncoln or of Ulysses S. Grant-every
one. If that is not an accurate his
4orical statement, / desire someone I
correct it,
Ken-But is it not true that Presi
dent Grant made the statement tha
when ne signed the bill demonetizin
silver he did not know the effect of it?
Dolliver-I don't know whether it j
4r,1a or not but if he made that state
7aent. after his Secretary Of the Treas
,,rv had twice recommended the meas