Evening journal., 1898-06-04
SENATE VOTESBONDS
Amendment to War Revenue
Bill Goes Through.
HOW THE BONDS WILL BE ISSUED.
Toxt of the Amendment-Nearin the
Final vote-A Tilt Between Woioott
and Allen-Straus' Nomination as
Minister to Turkey Conrmed.

and Ailen-Straus' Nomination as
Minister to Turkey Conrmed.
WASHINGTON. June 4.-While the
wal revenue measure was not passed
by ihe senate yesterday. two very Inn
porlant votes We're taken-one on
proposition to coin the silver bullion
in the treasury ana to issue SILVER GER
tifcates against the coin and the other
on the bond provision presented by the
Republican minority Of the committee
on finance.
In lieu Of the seigniorage amendment
offered by the majority Of the finance
committee Mr.. Wolcott (Rep.. Colo)
proposed an amendment directing The
secretary Of the treasury 60 coin the
silver bullion In the treasury and TO
issue silver certificates against Il. Aft
er some discussion q vote was reached,
and the amendment was agreed to-4S
to S1-several Republicans voting for it.
Mr.. Aldrich (Rep., r. L. then press
ed the amendment OF the minority of
the finance committee providing for the
Issue Of 800 100000 OF certificates Of in
debtedness and $500, 100000 Of bonds, to
be used exclusively for the payment Of
the expenses Of the war After an eN-
tended debate the question was brought
TO an Issue, and by the decisive vote of
40 to 81 the bond amendment was In
corporated IN the bill as a substitute
for tho amendment TO Issue legal tender
notes. The bond proposition received
the votes Of 81 Republicans. z Demo-
Gratis and / populist. The Democrats
who voted for II were BIefsrs. Caffery,
/ Faulkner, German, Gray Lindsay,
Mitchell and Murphy, and the Populist
was Mr.. Kyle No Republicans voted
against the issue Of bonds the votes in
opposition TO bonds being cast by q
| Democrats, 8 Populists and silver Re-
publlcans.
Just before adjournment last night
sensational speech was made by Mr..
| Wolcott (Rep., Colo.) In reply 70 some
| suggestions concerning the bimetallic
commission made by Mr. Allen Pop.,
| Neb). Mr.. Wolcott regarded Mr.. AL
lens statements as personally offensive.
and he made a lashing attack upon the
Nebraska senator and the Populist
party.
The nomination Of Oscar S. straus to
be minister to Turkey was confirmed in
executive session.
Following IS the provision for the is
sue of bonds incorporated by the senate
Il
"That the secretary Of the treasury
Is authorized TO borrow from time 10
time. at rate of interest not exceed
ing per cent per annum, such sum or
sums as In his judgment may be nee
essary to meet public expenditures and
to issue therefor certificates Of indebt-
edness In such form as he may pre-
scribe and In denominations of $50 or
some multiple OF that sum, and each
certificate so issued shall be payable,
with interest accrued thereon, at such
time not exceeding one year from the
date OF It's Issue, as the secretary Of the
treasury may prescribe.
provided that the certificates Of IN
debtedness authorized by this section
| shall from time to time be first offered
whenever practicable at popular sub
4 scripton under such regulations to be-
prescribed by the secretary Of the treas
ury as win give opportunity 10 the cit
liens Of the United states to participate
In the subscriptions TO such certificates
provided, further, that the amount OF
such certificates outstanding shall at nc
time exceed 800. 200. 900 and that at least
$50 900 Of said certificates herein au-
thorized shall be Issued before any OF
the bonds provided for in this act shall
be issued, sold or disposed Of and the
provisions OF existing law respecting
counterfeiting and other fraudulent
practices are hereby extended 20 the
bonds and certificates of Indebtedness
authorized by this act.
THAT the secretary Of the treasury
is hereby authorized 10 borrow on th'
credit of the United States from timl
to time as the proceeds may be requir
ed to defray expenditures authorize,
on account of the existing war (sucl
proceeds when received 20 be used onll
for the purpose Of meeting such war ex
penditures) the sum OF S300000,000. o.
as much thereof as necessary, and 4
prepare and issue therefor at not les
than par coupon or registered bonds o
the United States In such form as h
may prescribe and In denominations O
$25 or some multiple of that sum, re
deemable IN coin at the pleasure of tn
United States after ten years from IN
date of their issue and payable 20 year
from such date and bearing interes
payable quarterly I'm coin at the rate o
per cent per annum, and the bond
herein authorized shall be exempt fron
all taxes or duties OF the United States
as we'll as from taxation IN any form b.
or under state, municipal or local au
thoriues: provided that the bonds au
thorized by this section shall be first of
fered as a popular loan under such reg
ulations 20 be prescribed by the secre
tary OF the treasury as will give oppor
tunity to the citizens of the Unite
States to participate in the subscrip
tions to such loan; provided. further
that such bonds and certificates shall b
issued at par, no commissions shall b
allowed thereon, and in allotting sal
bonds and certificates the several sub
scriptions of individuals shall be frs
accepted, and the subscriptions for th
lowest amounts shall be first allotted
! and a sum not exceeding one-half Of
per cent OF the amount of the bond
herein authorized Is hereby appropriat
ed to pay the expenses Of preparing, ad
vertising. issuing and disposing of tn
same"
. The Hawaiian Question.
e WASHINGTON. June 4.-Presider
S Mckinley discussed the question Of Ha
waiian annexation with several repre-
A.. Ha