The morning Astorian. [volume] (Astoria, Oregon) 1899-1930, 1900-02-16
Republicans Of the Senate Pass
the Gold STANDARD Bill.
CHANDLER ONLY RECREANT
Two Democrats Vote With Republic
cans to Set Their Country Right
With the Financial World.

WASHINGTON. Feb. i5.-The sen
ate substitute for the house currency
bill was passed by the senate today
by the decisive majority Of IS to 20.
Prior to the final passage Of the bin.
amendments were considered under the
l0-minute rule. Only two OF these
amendments we're adopted, viz:
The one offered by the financial com
mittee keeping open the door to Inter-
national bimetalllsm and one by Nelson
(repj, Of Minnesota, providing for ma
tionai banks with $4,000 capital in
towns OF not more than 1900 inhabi-
tants.
The vote taken on the various amend
ments offered were practically along
party lines. Chandler (rep.), OF New
Hampshire, voted for the bimetaIIlsn
amendment, but against the bill.
Caffery (dem). Of Louisiana. and
Lindsay tdem.). Of Kentucky. voted
against the committee amendment but
for the bill. Kyle. Of South Dakota.
was the only senator who did not vote
and was not paired. A free silver sub
stftute offered by Jones. the leader Of
the democratic side. was defeated by
a majority of 10. the vote being A to
S. The bill as passed consists Of ten
sections.
Il provides that dollar of 25 $40 Of
gold. nine -tenths fine, shall be the
standard unite Of value and that all
forms Of United States money SHAH b.
maintained at parity with 1t, and that
treasury notes and greenbacks shall be
redeemable in gold.
The secretary Of the treasury is TO act
apart fund Of sl5OOOO.OOO in gold for
the redemption Of these notes and to
maintain these funds at figure not
below sl90,O0o,009 He is also empower
ed to sell bonds Of the United states
bearing interest at not exceeding three
per cent.
It shall also be the duties Of the sec-
retary OF the treasury as fast as stand
ard silver dollars are coined TO retire
an equal amount Of treasury notes and
to issue silver certificates against the
silver so coined. Under certain pro-
visions. too. gold certificates shall be
issued against the gold held in the
treasury.
No United States notes or treasury
notes shall be issued in a denomina-
tion 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
refunil the bonded debt of the United
States in thirty-year bonds, bearing 2
per cent interest. the principal and
interest of these bonds to be paid In
gold.
Two per cent bonds shall be issued at
no less than par. Any national bank
by depositing with the United States
the bonds of the country shall be per-
mitted 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 paid
in capital stock of the bank.
After the passage of the financial
bill. the senate made the Hawaiian
government bill the next order Of un-
finished business.
Following is the vote in detail.
Yeas Aldrich, Allison. Beveredge.
Burrows caftery. Carter. Clark (Wy).
Cullom. Davis, Deboe. Depew. Elkins.
Fairbanks. Foraker. Foster. Frye. Gear.
Hale, Hanna, Hanshrough. Hawley.
Hoar, Kean, Lindsay. Lodge, Mcbride.
McComas. McCumber. Mcmillan. Ma
son, Nelson. Penrose, Perkins. PIatt
Comm, Platt IN. ", Pritchard. Ross.
Qaarles. Scott, Sewell, Shoup, Simon.
Spooner, Thurston. wetmore, wolcott
-46.
Nays-Bate, Berry, Butler, Chandler,
Chiffon, Clark (Mont.). Clay, Cockrel.
Culberson. Daniel Harris, Heitfeld.
Jones (Ark), Jones New. Kenney,
McEnery, McLaurin, Martin. Money,
Morgan. Pettus, Rawlins, Stewart, Sui
livan, Talifarre, Teller, Tillman. Turley
Vest-2s.