The record-union., 1897-01-30

Silver by 1eans of 4 Common
Ratio Between the Two netals.
WASHINGTON. Jan. 29.-The bill
for the representation of the United
states at an International monetary
/ conference that may be called occupied
the Senate to-day almost exclusively,
and was passed finally by the triumph
ant majority OF 46 to (. 1t authorizes
the President to appoint five or more
commissioners to any International
conference with a view to securing q
hXlty Of relative value between gold
and silver as money by means of a.
common ratio between the metals, with
free mtntaGe at such rates. and it also
authorizes the President to call in his
discretion such conference to assemble
at such point as may be agreed upon.
The debate on the bill was long and
interesting, but by far the most i'm
portant speech was that made by Hoar
(R) of Massachusetts. He took the
ground that q very large majority of
the people of the civilized world wers
in favor of the double standard of gold
and silver He quoted two distinguished
French statesmen. Messrs. Fongerol
and Meline, as strongly in favor of BIZ
metalism. and said that a resolution
introduced in the French Assembly by
the first named gentleman had the sup
port of 800 out of 400 delegates, or a
majority Of between threa-fift and
four-tifths. Mr.. Hoar also named as
among the principal European advo-
Gates of bimetallsm Mr.. Balfour the
leader of the English House of Com
MONS and recalled the remark made
to him by a member of the present
British Cabinet in a brilliant company
in England when he CHoar) declined to
repeat what Mr.. BalfOur had said to
him, Why Mr. Hoar it is no secret
that Mr.. Balfours opinions upon this
matter are those of a majority of her
majesty's Government"
Mr.. Hoar also mentioned the lilzeli-
hood of Germany and Russia joining in
the bimertallic movement, and he de
clared in conclusion that the time had
eorRe for making another effort in that
direction.
Allen (Pop) of Nebraska offered the
following concurrent resolution:
Resolved. That all Marshals'. mas
ters' or any other judicial or execu-
tive sale of the property of the Union
Pacific and Kansas Pacific Railroad
Companies, or either of Them without
additional legislation by Congress
would not be binding on the Govern
ment of the United States or deprive it
of any legal or equitable right therein
now possessed unless such sale should
be subsequently ratified by Congress-
ional action"
The resolution went over without de-
bate
Bacon of Georgia presented to-day
resolutions declaring that the United
States desires to maintain peace with
all the world, and favors International
arbitration for the settlement of all diff
ferences with any other nation whicn
may fail to be adjusted by diplomatic
negotiation The resolutions declare
that the United States avows this
method of avoiding war as it's futurs
policy and invites all civilized nations
to make corresponding declara tions.
The resolutions were referred to the
Committee on Foreign Relations
At $50 o'clock the Senate adjourned
until Monday.
HOUSE PROCEEDINGS.
WASHINGTON. Jan. 29.-War be-
tween the tSates of Massachusetts ana
Vermont waged for a brief period in
the House to-day over the allegations of
railroad Wrecking in those common
wealths. The cOmbatants We're Powers
of Vermont and Barrett of Massachu-
setts. and the occasion of the strife was
the consideration of the bill providing
for the Incorporation of the pur-
chasers of the Atlantic and Pacific Rail-
road.
The provisions of the bill were an
tagonized by Barrett, who charged that
they concealed a gigantic scheme Of
stock jobbery.
Powers denied that there was any
thing of the sort in the bill. and added
that if there had been any wrecking of
the road as suggested by the gentleman
from Massachusetts it had been done
by people in and around Boston. In this
Connection he sarcastically referred to-
Barrett's Congressional experience,
which he compared to that of a rose
which withered and wasted it's sweet
ness on desert air.
In reply Barrett gave the House the
history of the receiviership of the Cen
trail Vermont Railroad conducted by the
Superintendent of that State and ex-
tending over a period of thirty years.
which he said was the most fraudulent
case of railroad wrecking the country
had ever seen.
The report of the conferrees was re-
jected-I1 to 143-and the conferrees
We're instructed to insist upon the reten-
tion in that bill of the House amend
ments, the principal one of which for
hade the issue of stock except for par
value received.
The House refused to take up bills on
the private calendar. but for nearly an
hour continued in Committee of the
Whole and considered the agricultural
bill, without completing it. In the course
of its discussion Hardy (R) of Indiana
began a speech in favor of the acquisi-
ton of Cuba, and being refused per-
mission to conclude, the five minute rule
being in operation, gave notice that no
bill should pass the House by unanimous
consent during the remainder of the
session.
At p. m. the House took recess un-
til p. m.. the evening session to be
for the consideration of private pension
bills.