New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-06-04
AYES As
NoEs-sl.
,rha nrovision reads as foIIo"s:

rh, tho Secretary OF the Treasury Is
to borrow rom PER cent per annuIn. such sum or
sums as IN his iudsmen' MAJ 80 issue therefor
Of Effectiveness in such form as ne M
prescribe and in denofn n,h rcrid,ate so issued
I'm he uavahle with tn" ntefes. a. 49, t-o-, ,ha
a. such ,' ine AS tho secretary OF The TreasuI
may prescribe. Provided, Ihat tne ,, T sbaI from
iiaeo,eU, ,ros he first offered whenever ptacueaoe
at popular subscription unaea ~, ~ the treasury
ss Vii, gvc opportunity 10 he ci'' s~',hscrin,ions
United states 70 tProy4dcd ,nrher That the
amount or 500 COOS and that at ees, SO "9.-
70 uWe rH0VT or,acates here!r authorized shal. he
49, o. lore any OF the bonds provided ior IN
&c. shou be issued sold or disposed o. anl me
l ms o.. existing law respecting
ana other fraudulent pIac.aces ar 80 ,nscb,Faness
mat the Secretary % me .IiSi, ~ ,he InI"d
utio- 80, tire 10 time the proceeds may ne
reqlired TO rxSstng Var such proceeds when
,cnved TO be used only for the purpose ot n.chs
So ,,~b ,hrreof as may be necessary ana TO pre-
pare and issue therefor at not rS,od s,n,es IN
10y forn as he may prescribe. and in denonllha-
tions o. s25 some nnltpe O. ma n states
a6e In en 9o vea 4s from the OF their and
payable tweny eaT na fro HG coin he rate Of
per per annum: and the oonas ar dSres Of
he -nited states well as rom taHatioh IN aiy
form by under state muplcpai OF ,prizes hv
Ms section shall be frs, offered as popuar loah
under such regulations 2ea.ur T 0 as viii give oppor
tunitv to the citizens Of the United Sta'es 10
P1roydej further That such bonds and ceriihca,es
shall be issued at par. no coinnissi9ns sha" %
alo,go@ates Inc several subscriptions OF individuals
snail be first accepted and me ia o
sum no, exceeding one-hah OF one per cent OF
~ arnount Of the lords herein authorized IS
hT snnropriated 70 pay the expense OF prepar-
ny ADVERTISING. issuing and disPosins o. the
same.
The committee amendment striking out the House
bond provision was then agreed 10
DECLARATION FOR BrMETALL1sM.
Mr. CHANDLER Gep., y. H offered his amend
-,n, inserting declaration that the policy OF iht
I-,i,oa states is not commit the country more
THOROUGHLY TO the single gold standard but that
the efforts OF the Government shall be steadily
d,rec,ed 20 coin both silver and gold as standard
MONEY.
Nom n Mr. Chambers amendmen; provision
that no bonds under this act shall be used as A
basis Of bank currency.
Nv Morgan gave notice OF an amendment
directing the Secretary OF the treasury 10 enforce
the provisions Of the Income Tax law OF 1884 not
exnressly declared by the Supreme Courts decision
e. IA unconstitutional Mr. MorEan spoke In sup
mr.. n tho amendment and attacked the National
hankq which he declared. were behind the con-
er,ra,v 10 force bond issue upon the people D"
H.. said the combination was the strongest in the
world. far stronger In the matter Of controlling the
dosttries OF the country than the 10000 soldiers
NOW in tho field FOR the United States. mo Gov
eminent" he said. has ever been ridden by such
an incubus as this and no Government ought TO
WELD TO such an imposition.
The amendment offered by Mr.. Stewart was
laid or the table. on motion OF Mr. Chandler-4
| to q.
MIR HOAR Rep.. Mass) proposed an amendment
- he added 10 Mr. Chambers amendment. FOL
lows.
s,i 10 this end 20 relax effort 10 the
co-oneration Of the principal commercial nations
o. the world.
The amendment was agreed to-35 to 80
Mr. Chandler. after explaining his position with
drovy his amendment. as he had no desire. he
sid 70 impede the progress OF The War Revenue
bill.
A, This poin. the tilt BET ween Mr.. Wolcott and
NJ Allen described elsewhere. occurred
An effort was then made by Mr.. Allison TO effect
on ARRANGEMENT whereby "A vote might be taken
this evening but II was unsuccessful The con-
screus 0. opinion was that adjournment until
,or,orrow would facilitate the final disposition OF
no hilI Afrer agreeing TO meet at II o'clock to-
marrow the Senate, at o'clock. went into eAecu-
,,,a sessIon and soon afterward adjourned