The age-herald., 1900-02-16
SENATE PASSES
 CURRENCY BILL Final Vote Stood FOTty-six to
 TWenty-Rine, TWO AMENDMENTS ADOPTED The Votes Taken Were Strictly
 on Party Lines. SENATORS HAVE SEVERAL IILTs Teller Said He Was Willing for the Question to Go Before the Peo-
 pie and Abide by Their
 Decision
SENATORS HAVE SEVERAL TILTs

Washington, February 15.-The senate substitute for the house currency bill was passed by the senate today by the decisive majority of 46 to 29. Prior to the final pas sage of the bill amendments were consider ed under the ten minute rule. Only two of these amendments were adopted, viz One offered by the finance committee keeping the door open to international bimetallsm, and one by MT. Nelson, of Minnesota, pro- viding for national banks with $25,000 capi- tai in towns over 4,OOO in population.
 The vote taken on the various amend ments offered were practically along party lines. MT. Chandler, republican of New Hampshire, voted for the bimetallic amend ment, but against the bill MT Caffery, democrat of Louisiana, and Mr Lindsay, democrat of Kentucky, voted against the committee amendments, but for the bill. MT Kyle, of South Dakota, was the only senator who did not vote and was not pair ed. The free silver substitute offered by MT Jones, the leader of the democratic side, was defeated by a majority of 19, the vote being. 47 to 2S
 The bill as passed consists of ten sections. It provides that the dollars of 25 S-10 grains of gold, 9-10 fine, shall be the standard unit of value. and that all forms of United States money shall be maintained at parity with it; and that treasury notes and greenbacks shall be ~redeemable in gold.
 The secretary of the treasury is to set apart fund of $150,O ,OOOO in gold for the redemption of these notes and to maintain this fund at a figure not below $1OOOOO, 900, he is empowered to sell bonds of the United States bearing interest at not exceeding 8 per cent.
 Duties of the Secretary
 It shall also be the duty of the secretary of the treasury, as fast as silver dollars are coined to retire an equal amount of the treasury notes and to issue silver certici- cates against the silver so coined. Under certain provisions, too, gold certificates shall be issued against the gold held in the treasury. No United States notes or treasury notes shall be issued in denomna- tions of less than ten dollars, and no silver certificates in denominations of more than ten dollars The secretary of the treasury is also authorized to refund the bonded debt of the United States in thirty-year bonds bearing 2 per cent interest, the prin- cipal and interest ofthese bonds to be paid in gold. The 2 per cent bonds shall be issued at not less than par. Any national bank, by depositing with the United States bonds of this country shall be permitted to issue circulating notes to the face value of the bonds deposited, no bank being allowed to issue circulating notes in excess of the amount of the paid in capital stock of the bank.
 After the passage of the financial bill the senate made the Hawaiian government bill the unfinished business.
 Specta ors Were Sca:c,
 Not withstandlng that it was the last day on the debate of the financial bill in the Senate, comparatively little interest was manifested in either the debate or the yot- ing, and but few people were in the gad- ferries. The routine business being concluded the financial bill was laid before the senate the pending question being the amendment offered by the finance committee and read ine as follows:
 Provisions of this act are not intended to place any obstacles in the way of the accomplishment of international bimetal- ldsm provided the same be secured by con- current action of the leading commercial nations of the world, and at ratio which shall insure permanence of relative value between gold and silver"
 MT. Hoar, of Massachusetts, said the double standard of gold and silver had not only been accepted by the people, but had been embodied in the constitution itself. But when by the action of other nations this country was forced to accept a single standard, it was forced to accept the most valuable metal. We should get the double standard when the opportunity came. There was, therefore, no pretenSe or hypocrisy in the pending amendment.
 MT. Morgan, of Alabama, denounced the pending amendment, as miserable make shift, which is intended to cover the lacera- tions of wounded conscience" He de- clared the bin would return us to the Brit ish system of finance.
 Denies the Assumption
 MT. Platt of Connecticut said he wanted to protest against the assumption of the democratic side that it represented the American people. That question had been decided against tine democracy in 1896. He was obliged, he said, to MT. Cockrell for proclaiming the leading doctrine and the leading representative of the democracy during this years campaign.
 Whatever may be said about imperial ism or about the toiling masses,'" said MT. Platt .it will be the same issue over again in the campaign of this year, and that is whether we shall have a silver standard in the United States"
 Referring to Mir. C0ckrelps statement