The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1898-02-08

Morgan be referred to the Foreign Rela-
tions committee, and after brief COLO
quy between Mr.. White and Mr.. Nor
gan. the resolution and amendment were
go referred.
On motion of Mr.. Davis, the Senate
then went into executive session ana III
sos p. IN. adjourned.
HOUSE PROCEEDINGS.
Washington, Feb. THE House pass
cd the Military Academy Appropriation
bill to-day with only one unlmporUant
amendment. The debate on. the meas
ure was desultory and touched variety
of political topics. AS passed the oil
carries S453.540. being S26,O32 less than
the amount carried by the current law.
Mr. Clark. (Rep, Iowa., spoke on the
Loud bill increasing the rates on second
class mail matter and Mr.. Greene. Pop
ulist. NebD, made some observations
on the much mooted subject of returning
prosperity.
He read despatch from Wheeling,
w, Va. giving an account of the alleg-
ed tearing down of McKinley's picture
by workingmen. Gentlemen might cry
prosperity, prosperity. said he, but there
was no prosperity.
"And others howl calamity. calamity"
cried Mr.. Perkins, rep, Iowa., amid
shouts of laughter from the Republicans.
Mr.. Olmstead. CRep., PENN. in reply
to Mr.. Greene produced clippings from
newspapers in all parts of the country
showing a great revival of business and
trade.
Mr.. Olmstead said that the continued
agitation of the silver question was the
only thing that retarded the full meas
ure of prosperity that would naturally
flow from the Dingley law. The threat
contained in the Teller resolution had
driven $40,000,000 to investment in for
eign securities.
do we want a cowardly money that
runs away?" asked Mr.. Bland, Dem,
Mo-
Money is always tinid," replied Mr.
Olmstead. at goes to places where it
is safest and the security is best
''You don't hear of silver running a
way" reiterated Mr.. Bland.
NO" interposed Mr. Lands, (Rep.,
Ind.). "you don't hear of silver running
away from Mexico"
Mr.. Miers. DEM, Ind.). and Mr.. De
Almond, Dem. MOI, both denounced
the action of the House on the Teller
bond resolution.
The whole purpose of the Republican
party in the defeat OF that resolution.
Mr.. De Almond declared. "was to COM
nit the country irretrievably to the gold
standard. 1t had at last thrown off all
subterfuges and shams and now had the
shameless effrontery to boldly proclaim
the robbery which it always secretly con-
nived at but never before had the hard
ihood to avow.
Mr. Low, (Rep.. n. W. said it was
no strange marvel that the Democrats
were bowling down the evidences of
which confronted them on all
sides. When a Democrat was brought
face to face with prosperity he shook
like an aspen leaf.
After some further remarks bv Mr..
Williams. Dem. Miss3, and Mr. Gaines.
(Dcm.. Tenn.). the general debate closed
and the bill was read for amendment un-
der the five minute rule
With only one unimportant amend
ment the committee rose and the bill
was passed
Mr.. Dingley asked unanimous consent
for the consideration of a bill unani-
mously reported by the Committee on
Ways and Means limiting the time in
which the outstanding refunding certifi-
Gates of deposit of 1879 can be refunded
into bonds of 1907 to December 81.
1899. About $40000.000 of these certi-
fcates were issued in furtherance of the
redemption act. But $4,000 of them
now outstanding. There was no
objection and the bill was passed
The Senate amendments to the Legis-
lativc, Executive and Judicial Appro-
priation bill were disagreed to and the
bill was sent to conference.
At 3:45 p. m. the House adjourned.