Bryan morning eagle. [volume] (Bryan, Tex.) 1898-1909, 1900-02-17
IHE lhNUItb BILL.
Senate Passes " Substitute ior the
BSuSc Measure.
VOTE WAS Az TO 26.
One Republican Voted Against the BILL
and I've Democrats for lt-free
Silver Substitsis Defeated
By a Vote Of AZ 10 ~.


substitute for the house currency bill
was passed by the senate yesterday by
the decisive majority Of 46 10 &c
rfior to the final passage Of the bill
amendments wera considered under the
iO.rninuts rule Only two Of these were
adopted. viz One offered by the finance
COMMITTEES keeping IT, door opsn To IN.
ternAtionAl bimstallism and one by Mr.
Nelson Of Minnesota providing for ma.
tionsl banks with 1000 capital 10
towns Of not over 1000
The vote a. taken on the various
Amendments offered we're practically
along party Inca Mr Chandler lRep
N II voted for the bimetalllc amend.
msnt. but against the bill Mr.. CAT.
ferry tDsm La and Mr.. Lindsay (Dom.
Ky. } voted against the committee amend.
ment but for the bill. Mr.. Kyle Of
South Dakota was the only senator who
did not vote and was not paired.
The free silver substitute offered by
Mr.. Jones. the leader Of the Democratic
side. was defeated by a majority Of 10.
the voting being Il To %
The bill AS passed consists Of 10 sec.
tons
II provides that the dollar Of % $40
grains Of gold nine-tenths line shall be
the standard unit Of value and that all
forms Of United States money shall be
maintained a; a parity with 1t and that
treasury notes and grsenbacks shall DO
redeemable in gold
The secretary Of the treasury is au'
thorized TO set apart fund OF $3.50 600. =
600 IN gold to redeem these notes and
TO maintain the fund above 500 900. 600
1t shall also be the duty Of the secre-
tary Of the treasury. AS fast as silver
dollars are coined. 10 retire an equal
amount Of the treasury notes aud to is
sue silver certificates against the silver
70 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 denominations
Of less than $40 aud no silver certificates
In denominations Of more than so.
The secretary Of the treasury Is au.
thorized to refund the bonded debt Of
the United States In 3O-year bonds bear
ing per cent. the principal aud inter
eat Of these bonds TO be- paid In gold.
The 2 per cent bounds shall bs issued al
not less than par
Any national bank. by depositing
with the United States bonds Of this
country shall 10 permitted 10 issue cir
culating notes to the face value OF the
bonds deposited. no bank being allowed
10 issue circulating notes ia excess Of
the amount OF the paid ia capital stock
vi the bank
After the passage OF the financial bill
the senate made the Hawaiian govern
Inent bill the unfinished business
The house completed 20 Of l2i pages Of
the legislative. executive aud Judicial APP
preparation hill without amendment
During the general debate which closed
At o'clock variety Of topics were
touched upon. Mr Boutell Of Illinois,
Mr. Miers Of Indiana aud Mr. Showal-
tor Of Pennsylvanis discussed the
Philippine question. Mr. Grosvenor Of
Of Ohio aud and Mr.. Gillette Of MAssa.
chusetts. civil service reform; Mr..
briggs Of New York, pensions and Mr.
Underwood Of Alabama his resolu'
ton to repeal the fifteenth amendment
10 the constitution.