Chicago Daily Tribune Newspaper, February 16, 1878, Page 1

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~ VOLUME XXXII : KID GLOVES. I LA QM@fio “LUPIN'S” FRENGH XID GLOVES 2, 3, 4 AND 6-BUTTON, In Opera, Medium, and Dark hades, 3t $1, $1.25, m $1.7 Per Pair. LEON'S” SE-BUTTON GLOVES, In Opera and White, at $1.60, FULL LINES OF COUVOISIER’S’ AT POPULAR PRICES. The above are superior goods snd we recommend them. MANDEL BROTHERS, 121 & 123 STATE-ST. Branch: Michgan-av. and Twenty-gecond-st, PANTALOONS, PANTS. ‘Wo have placed on soparate coun- torsabout 600 PAIRS of ALLWOOL CASS. PANTALOONS formorly aolli'ng ot $6 and $8, which wo offor in this cloaring-out sale for $3 PER PAIR. This is tho bost bargain in Pants ovor offored, as they are bottor in ovory rospoct than tho (so-called) Custom Pants offorod elsowhoro for $4 and 85, TEMPORARY QUARTERS OF THE ROLDEN EAGLE CLOTHING STORE, 219 & 221 Madisonsst., COR. FRANKLIN. 337~ Money refunded If goods do not sult, LEGAL. B e e e A A USITED STATES OF AMEWICA—IN THE CIit: cult Court of thie United Siates for the Nurthier Listrict,of Niuots, In chiancery: John N, Dealson an Joln W, lirouks va. the Icago lown tailrvad Lumpany, andsleo Charies 1, flowditeh, Wi, G Weld, L. Mureill on the ervention, Nl berely glven that in pursusnce of wdecres of th Lourt entered of record 1 said causs an the feurth (4) $4 of December, "A. D, 1877, 1" lienry 3, Yishon, A of h, 1878, at the front e bullding bew used by Id Court as s Court: a8 the licpublic ' Life Nulldlng, nuiibers llo street, In the Cliy of Chica, Coun- d Btato of Tilinots, will aell s directed 4 %l decree, at_public auciion, to the hi be hidder therefor, the Inortieked rem tloned Ju sald decree, and_particularly deserived aa Jos, w-wit: Al tho raiiroad of the ba ousty uf WIIL to Foreaton, fu the In satd” Ktate ot lllinots, includiag fur, Toud-bed, superstructure, fron, nuts, apikes, il the latds %, depots, yisduc 2 3 ng (o said ralirosd, tenements and ap- d the rents, laus title; an Cherest whatsuever. ae weil n law aa fu cquity, of sald Mcavo and lowa itatiroud Campany of In and tothe 14ine aad it ather prperty. righta. nd {ranchises aud lugs whatsoaver which wers lntended to be conveyed il snortuage now in the haads o under the cin. o duthurfy of the Itecelver 2 sud uiar therct belpiyl Vurtena; ng. au fod prodieherouf, and all th eataie, right accured r ) ey bo recelved by tho Master from the pure 4 Of caali lu part “lyl“‘lfl of the purchsse- Buney 1 tho’ mauner, 1o the exteat, and ‘Wpot (hs it suthorlzed by the deci d for the chare Bt ot rn s e 1 Tecora il causinaald Court. £ biesties ML o g o LET A K Sales fuf the Sopiher Diatrict of Tilloots, o 0 AUDITOR’S NOTICE. cJathe Clreut Court of Cummon Pleas, No. 3. for the hila: nllh‘m ter of the asl Lsuragce C 7 sDjotated by the SrobrALion. by Seetat Volubriey pleiase Jod of Yolu wed k b, 5:1&’ sud mwu.n‘lufiw{‘xfln:{{ the bal, 2ds of tho ACCOUBISLL, W v e Arboucs of Lix spLolitment oa Mohdays, Feb, 18 and s b we o cluck p cey Fo. 613 when intercsted are required to niake barred from coming iu upon sald fucy 3 N BUBD, Aldhor: TICK or CouFTROLLYR 07 THE CUNREXCY, WANL: Bec 3 tico s herdhy givia o uli Satimsteatue o s Ratlons) i 4310 Lidst Lo presew R R S iehor o mongha from o 7wl by dudliowed: o N FENOX, JN0. J NOX, — Compirylier of thy Currency, SHOES, beat walklog ‘ENGLISH Shae for Mica and Hore BURT'S SHOES L THEY ALE TilE BEST. Ask your Dealer for thew. LAOES, LACES! Fheld, Leiter & . Co.. EXPOSITION BUILDING, Open To-Day an In- voice of CIlIICAGO, SATURDAY, FEBRUARY 16, 1878—TWELVE PAGES. TROUSERS, UISTOR TATLORING TROUSERS TO ORDER $4.00! Made from All-Wool Cassimeres, in the best possible style. Youwill be surprised when you see them. Let no one talk you out of at least looking at these goods. Suits from elegant Suitings, $256. Spring Oversacks from' REAL TACEY, |5 Among whichis a LARGE LOT POINT GAZE POINT APPLIQU LLARS!! Which they will sell at ONE-FOURTH TEBIR s ORIGINAL VALUE! PROPOSALS, PRESIDR! CuIcAG0 & ALTON I{AILROAD CORIANY, 3and 4 West Vau Buren-st., Cuicaao, Ve, 0, 1878, Notice to Contractors. Troposals will ba recelved at the offica of tha Chief “Engluger of this Company n Chicago untli noun o Z6.b of February fuat. for the grading, in: tle, and pile bridges va ecttons No. 110 {Rith the exceplion of tue bitdgs over 1ha Stitour tiver) < line af tho provosed extension of (i i aliway from Mexico to Marshall, fu Mis- sourd, 1'rotles, apecifications, form of contract, and propo« 44ls may be scen at tho fico of th Chief Kogiucer i ifcago, Contractors will be required to give satisfactory se- curity for the complotion of the wurk according Lo con- tract, and also for Lie promot uaynieas for all suvplies he work will bo pld for and will not be contracted excent at the lawest ¢ ricen, "ruposals shouid Lo lnclosed and sddressed to tho Cliler’ Engincer of tlo Chicago & Aliau Itailros Cothe Ly Chicago, )., and marked Proposals for Wark i tadurt. ‘1o rlglit 10 refect any o ull bids {a resorved. ', 1. ULACKBTONE, Fresident, SEIRTS. SHIRTS. Using Linens 15 to 30 per cent heavier than are ordinarily used our Shirts give corresponding ditlonal service. Lntire satistac- tion always guaranteed, WILSON BROS., 67 and 60 Washington 09 ana 71 Fourth. 408 North Fourth.st., Bt. Louis. MONEY to LOAN By JOSIAH H. REED. No. 20 Nassau-st., N, Y., 1 1t d, A VE l"ll}?)'i‘%“l?’xl‘:\’:.n? ?s‘z?l’ 5&1;‘:?." no‘:n (.‘llchdGO e ., A A L7 XY T g LAZARUS SILVERMAN, Banker, Chamber of Commerce, Chicago, ‘l sclling FOREIGN BXOEANGE England, France, Germany; buring Hundsi 1oans moncy o TortEases; Focared famori e 3 ver ; ageas receives depodis; PEOPLE’S BUILD'G & LOAN ASSO. et |T Vmsnlxarox-s'h 'rovides salaried and labort; 3 102 wid Lorruiog of woney. an 10 shalCaniEin perfectly safo (nveatinaut wiih larger re otlierwise obiained, HARUINON K OFT AN, A A A AN~ 2 e e RIANASKE, OFTICIAN, Tribune Baildlang, SIEYT, Il ¢ ure LLEY Bec. Floe g, cflas e oo n Sebbeh, Birumeters, Leo 11 alghts on sclentifio prin- cs Telescupes, Micro- MISCELLANEOUS, P il SRR And_bolt work of il Fatirosds, nfi%fi:ijufi’:u‘ffi”"? e for ""‘:""‘l‘:" vk, OMINEATAL novr Corace Mickfysa sud Fraaklin-sia, GERMAN STUDY LAMPS, FINE ABSORTMENT, WH, D, KERFOOT & (0., REAL ESTATH AGRANOY, 00 WASUINGTONST, Rents coltected, t 3 stteation ulven i .t',fi:-:‘.;‘..‘.‘:?“.:u‘smfai“z‘:f GRATES AND MANTELS PR et e BLATE MANTELS, T HOBASCO & HUMNEY — CUTLERY, Mado expronly fur aud sold ouly bY . W. D. KELLEY, 83 Madisan sf. Price 825 i m'u‘l‘ Lveryvticre oa Fesclipt counts readered moathly. G Tisls, Gold RATE i X6¥ RUATEST. e P S S U JOS.RODGEIS & 503" Tho Ohicago Favorite, Kresy oge warrsated, lof 4 ton, London shrunk, $25.00! Made up very tastily. ‘Wo are olothing tho solid men of Chicago. Projudiced meon are brought into our storo daily by cus- tomeors that wo have ploased. You may have plenty of money, but why not savo five, ton, or even twonty dollars? Plonty chances for chari- ty’ in Chicago to-day. Weo wll “Boar” the Clothing market this Bpring. FPloaso take notico. WILLOUGHBY, HILL & CO,, Boston $quare-Daaling Clothiers and Fernishers, CORNER CLARK AND MADISON-STS. Branoh, 532 Milwaukee-av., corner Rucker.st. OPEN EVERY NIGHT TILL NINE. NEW PUBLICATIONN. **Yill bear compsrison with the best numbers of the beat socular magazlnoes."—Zaterior, Chteago. ‘*Recond number ls even stronger than thefirst.” —Globe, Doston. ** At n single bound It takes its place by the side of thie oldest monthlles ‘ermont Messenger, SUNDAY AFTERNOON Tho New Monthly, for March, COMPLETR STORIES—Jericho Jlm, Roso Terry Cooke; UBoyond tho Toll-tinte, Sarah Jewett; The Famous Nlacksmith of Antwe: lsabella T. Hopkinss BMaud FPennyfonther’s Ambl tlon, Elot McCormick, BERIALR=The Crew of the Sam Wellor, I1L, Jobn Habberton; Tom’s Ifcattien, Vil V111, 1X,, Josephine It Baker, POEMN-Frost Bound, Susan Coolldge; To n Grleved Soul, Howard Glyndon; Too Wide, Julls C. It. Dorr. GENERAL ARTICLES —S8clence and the Exodus, I, Principal J, W, Dawsons Christlanlty aml Civilization, J. P. Tucker; Nt, Anselus usn Olristian, Prof. J. . LaCrolx; Tho Btliles of Honpltality, Willlsm M, ¥, Round; Some Eurce pean Clhurclies, 11 Everett; Theology and Beer, Lester I, Platty A Plea fortho Christlan Yen Willlam L. Gages Chinuncey Wright, Edward A bott; A lPoet Wo Might linve Iind, Hoslter John- son} Labor and Caplial, Alexander Hyde. EDITOR'S TABLE—The lteport of tha Amateur ‘Tramps; Our New Ssint Francis; Look on Both 8ldes; Notes on Current Eventa. LITERATURE. For sale by Newadealers aud Booksellers generally, Prico 25 Cents; 83 n Year, poutaxe puld, BUNDAY AFTERNOON, Spriugfield, £~ Trado suppited by the Americsn DIOTIONARY OF NGLISH LITERATURE. Being o Comprehensive Guide to English Authors and Their Works, BY W. DAVENPORT ADAMS, 720 Pages. Extrs Foolscap, 410, Cloth, 84 As 5 hool reference for iiterary men it s of ver) PR A i ( Aliew, - Dicttanary of Engltah Literatare, " which ls ‘i od 0 e e et Fogih Fa and Thelr Works. ri. Adan bcen propered, by n an ki editor, whoea ll(ke; hiviness, sod comprelie: sivencss of Viewa de hio hlxheat pralse, A hutes feature of the work i¢ Bumber of worth AmtrFln nanes Included o It {lun wiveu (o American literatur Fot, e full recokals -Now York Evening le work for the libry and will sup. R e R u“qu'd:::x l':n‘::mh -Boston Traveller, book for tho library, for the res the editor—In fact, I8 18 an ‘cacyclopad| upon literature and the thousands of deace Preas. It 12 & long time slnce & moro valuable and acceptablo :mfi: liss been lald vefure tha public.~Ualtiniore Us- ete. (e student, 1t not for sale by your booxscller, we will send, pre- Ppald, on Pocelpeof price, CASSELL, PETTER & GALPIN, 6006 Broadway, Now York, 'TO MENT, FOR RENT. DESIRABLE OFFICES IN THE TRIBUNE BULLDING TO RBENT. WM. C. DOW, Room 8 Tribune Building. Apply to FOR SALE. FOR SALE OR TO RENT. A Brat-class Grain Elevator tu 8 good location, within 50 thilea uf Chicagy. duw doiug s yood traded e laty iu given, uwaor Laviog utlicr buslncas urtice soplyiug Buat havo sumicicat bieaus 10 rud the buslces ¥ 16 Tribuae vitlie. THE SILVER DOLLAR. Closing Stages of the Creat Contest for Its Res= toration. The Unwilling Goldites of the Senate Finally Forced to a Yote. An All-Night Session Devoted to the Bland Bill The Allison Amendment Re- garding Coinage Prof- its Adopted, Defeat of Numerous Schemes Devised by the Mono- metallists. Five-Minuto Speeches and Votes Going on at Latest Advices. Unanswerable Arguments Advapoed in Bonator Jones' Great Speech, THE SBILVER BILL. IT8 PABSAGE DY TB SENATE WITI TNE PREE- COINAGE CLAUSE ATRICKEN OUT. Sueclal Disvatch (o The Chieago Tridune, Wasnixeron, D. C,, Fob, 15—It was & great relicf to the wearied occupants of the Benate gallerics this afternoon when Mr., Allison, who has charge of the Silver bill, arose to make his closing argument. It was generally supposed that his would be the last sct speech, nnd that he would wmake & resumo of the points in favor of the bill, aud voting would begin. There have bLeen thirty-two set speeches for and agalost the bill, and ten of the thirty-two spcakers have alred their eloquence a second time; but at last the main debate was ended, and the voting ‘was to bo commenced. It was first necessary. to act successively upon the amendments reported by the Committce on Finance, and ten other amendments offercd by Scoators. The amend- ment of the Committce was first fn order. The skirmish debates on the verbal changes neces. sarlly included o ood denl of wsdroit parita- mentary fencing, and at times there was more confusion than s usually witnessed on tho Senate floor. Late fn the afterncon there was AN AMUSING COLLOQUY between Senators: Blaine and Voorhees on the passage of the law demonctizing the sliver dol- lar, Dlmne siated that at that time there was no dollar circulated, and he attempted to show that the blll demonctiziog the stiver dollar was read in the full Tiouse, but Voorhces finally drove bim into a corner, and forced him to ad- mit that, nlthough the bill may have been read in the full House, ncither himgelf nor Voorhees knew anything about the tact.of the demonetiz- ing of the sllver dollar. 2 Numerous attemptsto secure an adjourn- ment were made, but failled, aud It was nearly 10 o’clock at night before THE PINST IMPORTART VOTEZY were taken. Then the Senate adopted the Dland bil} as amended by the Finance Commit- tee, with the frec-colnage clause stricken ont. The vote was mot a strict test of the silver strength, for the reason that sgme of the gold Senators have, for parliamentary reasons, voted with the silver men on the amendment, as against the complete Bland bill. Windom for the first time deflued bis position, and he fadi- cated that his doubts had been as to the num- ber of gralns In the dollar, but he voted for the 413}¢-grain dollar. A NEW AMBNDMENT was offered by \Wallace, p ropoaing that $100,000, 000 should bo colned in threo years, at which time, {f as compared with gold the siiver dollar was not worth 07 cents, the Becretary of the Treasury should discontinue its colnnge. It was charged that this amondment indicated n want of faith {n tho silver dollar, aud it was defeated —veas, 20; uays, 40, Edmunds, with his usual craft and parifa. mentary skill, moved an ameudment providing that nothing in the Sflyer bl as adopted should be construed to interfero with the reqular colnage of gold and subsldiary caln by the mint. This was defeated alter two hours’ dedate. In the course of that debate Jones, of Nevada, announced himself as a real greenback man. Attor an excited debate and much sparring this amendment was flnally de- feated,—ycas, 23; nays, 46. TUR AMENDMENTS to tho bill In their regular order ore as follows: By Mr. Allison—Proposing an Intornational Munetary Confercnco to establish a common rato of legal-tendor as Lotween gold and silyer for the purposa ot establishing futernatfonally tho use of bi-metallic money, ; By Mr. Burnside—Limiting the legal-tender value of the silver dollar to suins over $500 for the payment of private debts ouly. By Mr, Eaton—To coln a silver dollar of 420 Rralvs, By Mr, Christiancy—To coln silver dolara of 434 gralos, Jegal-tender for all public snd pr- vate debts except when otherwise provided by law orothor contract; to rewain {u force only oue year from Its passage unless re-enacted by Cougress. By Mr, Morgan<Allowing bulllun-owners to deposit the same at United Btates miats in quantities of the value of not Ices than $100, and {u exchange therefor the officer of the Mint sball issue coln certificates. The Becretary of tho Treasury is authorized to pay these certifl- cates in legal-tendcr notes or siiver dollars. By Mr. Booth—That the holder of coln au- thorized by the act wmay depoalt tho samo with any United States Treasurer or Assistant-Treas- urer, and receive therefor certificates of not less than $10 cach, said certificates to bo recelyablo for customs, taxcs, and all public dues, By Mr. Beck—Dirccting she Becretary of the Treasury to buy silver bulllon at its market price, nut less than $3,000,000 per month, and a3 much more as cau be colned at the United States Mints, and coln the same into aliver dol- lars, the gain in cofuage to go to the Treasury; bercafter all sliver hall-dollars, quarter-dollars, and teo-cent pleces colned at Unfted States Mints shall contaln the samo relativa quantity of pure and standard silver as the doilar of 4123¢ graina, Au amcudment fn the vature of & substitute by Mr. Chmthnnb providiog for the colnage of silver dollsrs of 41:33¢ graius; the zold coluage of the Uulted Statesls to ba the standard of value, but alter tho brescnt year the subsidiary sliver colus to be a legal-tender for all sue not exceediug $10, aud atter the passage of the act the sliver dollar, together with suvsidlary culns sutho; by law, sud silver buillon in bars, stamped at any ot the Upited States Miuts, to- Retler with the trade dollaz, shall be lr&d— lender for il debts accordivg to market value, a4 ascertalned sund doclared in the manuer provided in tho bHL, of such sliver colos and bullion ss comwuf with gold stits standard value. It fs the dutyof the Becretary of the Treasury, ut the firstof cach wonth, to declare the valuy of wilyer colus and bullion. The Sccretary of the Treasury 1is authorized to exchange any sflver colns In sitms not exceeding $100 for an equal amount of United States notes, sald notes to be retained and canceled and not agaln replsced by other notes. United Btatca notesredeemed under this actehall be held tobea partof the Sinking Fand, Minta may fssue certificates of deposit, sllv ullion certifleates to be payable in silver hars bearing the stamp of the Mint or Asasy Onlee where Issued. }RMr. Blatne—To coln silver dollars of 425 ralns; deposits of sllver bullion to be paid in au- thorized sllver dollars at the prics per ounce of bulllen, to be fixed by the Director of the Mint; the rate to corrcspond with the market value; any galn or profit from colnage to be = covered into the Treasury; silver dollars, or standard gold or sliver bara bearing the stamp of any Colnagas Mint or Assay Office, shall be exchange- able for coin certificates in denominstions of United States notes not pelow 820, in the samo m:nner ascoin certificates now fasued by gold coln. THERR WAS A PIGHT OF AN HOUR over Alllson's amendment providing for an In- ternational Mouetary Union, Alllsonsucrecded in carrying it by s vote of 40 yeasto 30 nays. The sflver men were divided. Many of the Boutbern men opposed it on the singular ground that to co-operate with the Laiin Unjon would be to Invite those entangling alliances against which Washington warned the carly Re- publle, Beln‘( pressed to stato whetber com- mercial relations arc not also cotangling alll- ances, they fell back upon platitudes, and as the midnlght hour approched spread the eagle, and it would not Le too much to ssy of some of those who spoke, and of morc who tried to speak, that *the wine was inand the wit waa out,"” AT MIDRIGHT 1t scems probablo that a final vote cannot be reached for hours, The galleries are filled with curlous spectators, The Senate floor bears tho traces of a long and weary day’s work, but the sflver men presented a determined front, and retused to adjourn until the bl waa passed, ‘This will doubtless be doue before daybreak. A NEW AMENDMENT to the original bill, providing that silver shall be lcgal-tender except where otherwise ex- gm-ly stipulated In the contract, was adopted 8 Vote of 87 yeas to 85 nays. This was the closest vote that "has been taken. The amend- ment sluply allows gold contracts. AT 12:30 A, 31, there was an anlmated passage between Blaine and Thurman uoon the subject of paying the bonds. Blaine, as his habit is, wea quits dra- matle. Thurman repelled his assaults by ridi- cule, charging bim with being as active as the Ihr’nquln in the play, who was born an actor; and the cadless stream of talk flowed on with- out a vote. AT 1 0'CLOCE A, M, the SBcnate agreed to limit all future debate to five-minute specches. The Cameron nmend- ment proposing’a silver dollar of 420 grains was then considered. AT 1:15 &, 3¢, Conkling protested that a vote should be taken, and the Senators not Le compelled to listen to argumonts mauy times repeated, with which the Chamber had resounded for weeks.! THE OLD DOYS, One featuro of the night's seasion deserves notice. Both 1touses of Conzreas have recently inade a great public show of temperance by for- biddinz the salo cven of beer at tha Capitol restaurant. One of the results secms to Emvu been & great fncrease n the number of demi- Jjobms in “committec-rooms. At alf events, per- sows of large experience at the Capito! say tfigrc bas not been so much drunkenness oa the floor of the Senate for ten years as tlcre Is at this night sessfon.} AT 1:30 4, 31, Mr, Blalne moved to amend Cameron’s propost. tlon by substiiuting hls 425-gratn for the 420- raln dollar. Defeated—yeas, 23; mnays, 40. Nonoof the Senators knuwn as sliver men voted yea, AT 1:45 4, . Eaton's amendment for a 440-graln . dollar was defeated—yeas, 185 mn‘l”) 40. Camcron's amendment for 420-grain dollars was defeated— yuas, 25; nays, 41, TIIE DEBATE. SPRECU OF BEXATOR INGALLS. ‘Wasnixaron, D. C., Feb. 16.~In the Senato this mornlog cunsideration was resumed of the Stiver bill. Mr. Ingalls spoke in tavor theteof. He quoted from tho specch of the Hon. John Sherman, dellvered in the Senate, to the offect that a single stundard of gold was an American Idea, and said the statement was vold of trutb, The original American idea wasasingle standard of sliver. He spoke at length aa to the history of gold and sitver as money, and sald wold was the most cowardly aud treacherous of all metals, It had no friend or ully that it did nut sooner or Inter destroy, No uation over fought a great war by the aid of gold, but, when tho battlo bad been sccured, and peaco restored, gold swaggered to the front aond clalmed the fruits of victory. Bflver was the money of the people, It was money of wages and of retail. It entered into the minute reserves of traftic, and I §t retired at tho aporoach of danger or from {nferfor currency, it sthl remalned at Liome, reaay to reappear again and do i work. Referring to tho resumption of speclo payments, he sald there wax not coin enough in existence to meet, in fact, & thousandth part of the commercial transactious of the world, and specio payment never would be resumed In fact. 'Tho American peoplo were not particulsrly wedded to culn as mouey. Thoy belleved coln aud paper were creat- ed by law, and Lad precisely the value that the Government lssuing thom declared they should posscws, It the United States contracted to pay thie bonds In gold, they must do t, cven though tho people loat everything in the attewpt t do wo; but ho clalmed no such coutract bad been niade. Sllver was a legal-tender when tho debt was contracted. The Benator from Wisconain 1Huwe), In hi gument on this bill & fow days ago, ssia this w: not the Kast sgainst the West, and he was right but It was tho East against the West and Bouth combined. It was the men who owned the public debt eguinst thoss who were 10 pay it, if it ever should bopaldatall. The bundsof this country were exempt from taxatlon, and they bore none of the burdens of soclety. The West and South, askiug the passage of this blll, were ssking lcss than they would ever ask again. In concluslon, he referrcd to the people of the ‘Wost and their labors, and sald when he reflected upon tho burdens they bore he was astonished at their moderation. MR, ALLISON, in charge of the bill, took the floor to close the de- bate, 1o oxplalued at length the provistons of the bill as reporied from the Benate Finsnce Commit. tee. and mado an able argument in support thereof. In clostng, he said: This demand for the re- monetization of aliver is not local in character, docs not originate fo the Weat nor 1a the Missiy- aippl Valloy, for the purposa of secariug & cheaper circulating medium, Lut haa the approbation of the best minde and thinkors of all civilized conntries, and s just now exciting ae deep an fntec eat in other countries s our own. Nor does this deniand originate in petty malice toward the pub- Ii¢ creditors. Tuat questiun Is of minor nnportance and insignificant, compared witli the great jutor- cuta of all the people of all civilized Stales. Those who favor this weasuro do not proposs 1o viviate suy promle, or o faruish ar 10 impaie the public credit, but rather desire 1o establish It upon an en- durlig foundstion, by increasing our ability to pay rding to promise the heavy public burdens uieh oo Weln s down. Losa of cOROGence, b of security, audlose of smployment now pervades every sectlon and every clase.” A preseut cure for thess evils bs beyond legislativo control. The ef- fect of this legistation will prubably be to remove the uporebenstun that uow esisti {n the publlc wind that prices are 10 contluue to fall as com. d with Kold. gk MR LANAR sald: Ar. President—1aving already expressed my de- liberate opinjou st some leagtn upon this very tm- portant sicasure now under considerution, | shall LUt treepass LpoD the atiention of the Seuate fur- ther. 1 bave, however, ono other duty to perfurus, — ery painful ono, § admit, but one which is uone the feed clear, d {u m‘lh"‘ curtain resolu- tlons of the Legialature of Mississlppl, which I sk 1o have read. Mr, Lamar then sent to tho Clork's desk and bad resd the resolutivns of the Mlnh.tg%l Legislature fnstructing thelr Senator to vote for the dilver vill. Mr. Lawar, cuntinuing, said: Mr. Presluent—Letweentaeso resolutions snd my couvictions there s a grest gulf. I my love to the State of Mlssissippl I will 6ot spcak. My )ife alone cun tell {1, My gratitude for all thoe booor bor 0blo have dono w6 LV Wurds can tlgl’ul. 1am K:d proviug it vy doing to-day what | thiuk their beat futereats sud their character requirvs me o do. Dunng my lifo in that State it bas beea wy privilege to nesist in the eaucation of more than ouc genoration uf ber youths to kave glrea impalse towave after wave of youugy maubood that bas sed Into tho troubled sea of bLer soclal ped po- atical life, Upou them § have always endeavored to lwprves thy Dellef that truth was betler thay falschood, bousaty buttes thuu policy, courage better than cowardice. To-day my lessons comfort me; to-day 1 must be trve or fal honest or cunning, fsithfal or unfaithfnl to my people; even in this hourof their legislative displessura And dlsapprobation, I cannot yote s these refo- latlons direct. 1 cannot snd will not shirk the responsibility which m{ position imposes, My duty, asTeceit, I will do, and I will vote azainst this Bill._ Whea that i done my resonsibility Is n My reanons for my vote shall be given o my people. ‘Then it will ba for them to determine ifadherenca to my honest convictions has dis- qualified me from representing them: whether & lifference of opinfon upon a diMcalt and compli- cated qudject to which [ have given patient, long- continued, conscientious study. to which I have brought entire honest, glenenn of purpose, and wpon which I have spent whatever abil- ity God has given me, is now to sep- arate us, whether this difference 16 to override that complete union of "w"{m‘ pmpathy, and d, 81 delf hope which an all other. an lave, even more important subjects, bind us together, De- fora them I must stand or fail; but, be thelr present decislon what it may, the time ia not far distant when they will recognize my action to-day a8 wine and just, and, armed with the honest con- viction of my d'"f' 1 shall calmly swait the re- sults, believing in the ntlerance of the great Ameriean 'hn never trusted his countrymen In vl:?‘lfihltt is omnipotent and public justice certain, TIE AMRNDMENTS, The question being on the amendment of the Finance Committee to strike out of the fiouse bill the free coinage ¢ and Inserting in len thereof a clause advieing the Secretary of the Treasuory out of I;( money in the Tressury not otherwise appropristed to purchaze from time to time silver bullion not less than $2,000,000 per month nor more than $4,000,000 per month, and o3usa the same to be coined, ete,, ‘The Vice-President snnonnced that the Senator from Alabama had proposed to amend the amand- ment, and submitted by Mr. Morgan several days ago was read by the Chief Clerk. It provides that the holder of any sllver bollion may deposit tbe sama At any mint1n quantities of vaiuo of not Jeea than $100in & m‘x'fih deposit, and not 1o ex- ceed the value of $100,000 durlnq any calendsr month, to be coined into dollars, 1t farther pro- ‘vides for the irsne of certificates for bullion so de- posited, such certificates o be pald in legal-ten. ders. n said from the heginning he hod been in favor of the billas it came from the House of Jiepresentatives. He had sobmitted tne amend. ment In the spiritof compromise, but asit was not Iikely to produce any eood he withdrew it The question then recarred on the amendment of Mr, ileck, submitted some days ago, directing the Secretary of the Treasury to purchase not less 1han $, 000, 000 worth of sil¥er ballion per montb, 10 be coined into dollars. It further provides that whencver the market price of silver bulilon fs such that It cannot be purcuased by the Secretary of the Treasury at less than par with legal-tender nutes, he shall give public notice of the fact, snd then any citizen of the United States, who s the owner of nllver bullion, insy deposit the same at any mint and have it cotoed for his benefit. The second section of the amendment provides that tiereafler all half-doliars, quarters, cent pleces cained at the mintaof the United States shall contaln the same relative quantity of pure and standard silver as ihe doliar sutnorized 10 be coined by the act. Mr, Thorman referred to the resolutions of the General Assembly of Ohlo presented by him a few days sinco favoring the passago of the Dlaad bill, and said upon the question of mere pollcg o felt bound to respect the will of the people of Ohio, as expressed Ly her General Assembly, particularly when he belioved that will waa traly expressed, =n he bad no doubt in this case, Thero ie very little differenco between the bill s reported from tho Senate Comuiittee on Finsuco and as It came from the flouse, Thers was one or two things in the amendmen., however, to which he desired to call attention, It dld not provide when lheenlnlgn should take place, and, with a hostile officer in the ‘Treasury Dopartment, he was not content to Jeava the amendment in an obscure conditiun, Again, the amendment proviced that the Secretary snould urchase silver bullion outof auy money in the g‘ruuury not otherwlse appropristed. In view of the fact that our revenucs hod been decreasing, | would ha; be safe to leave that provision now stood, In viow of the decreasing revonucs, tho question might be asked whether we had any surplus rovenuc. Mr. Ilalne asid hohiad recolved probably twenty- fivg lettera Inguiring of him in regard o' a point which had been maguificd in this debate toa con- iderable gegree, and that was relative (o the pas- e of the acta of Feb, 12, 1871, demonetizing sliver. Inguiries as to whether the Lill had oeen read In the House of Hopresentatives were ad- dreased to him, because at that time he happened 0 be presiding officer of the House. Any one who read the Glole of that date would sce the bill was read {n the House. ‘I'v besuro in regard to the er, he bad examined the files of newspapers, and he found in the regular reports of the proceed- ingy that Mr. Hooper called up the voluminous bill to codify ana smend the mint and colnage 1aws, sud oifered betitate, which he asked the House to pass without baving it read. ‘The propo. sition was voted down, and an hour was consumed In reading the bill, Mr, Blalne also read from the reports in the Washington papers of that date 1o show that tHe LIl was resd, and, contlnuing hls remarks, sald the truth was thal no ono cared for the bill, All were & ureat deal wiser about the bill to-aay than they were then. Lot all be equally frank und be equally ignorant alike, Ar. Vourhees—\Vas the Senator from Maine, then Bpeaker of the House, equally ignorant with the restof uar Will the Senator ahare the ignorance cqually with us? r. Diaine—I don’t mean ignomnt as to Its ‘When the blil passed there was no such thing as the siiver dollar. My frivnd from indisna 4 Mr. Mor, (Vourhees) bad mot bad ono in his pocket for years. Mr. Voorhecs asked if ho conld call upon hls friend from Maine (Blaine) as another witncss who knew nothing about the bill. Mr, Hlalng—1 did notknow anything abont the billatall, [Lsughter.[ I would llke to exchange queations with my friend from Indlana, whose du- iy 1t was, as a member of the llouse, to know l{mul uestions, and mine was o put questions, Did ho know anything sbout {1} Mr, Voorhees—I very fran sy 1d1d not. 3Mr. Thurman said this a very cutious cate- chism botween the Benators from Malne and Indi- #na as to whether either know sbout the bill de- moetlzing silver, Toe trath was no human being knew of 1t, because the bill did not doft. [Great 1aughter on the Hoor and in the plhmq Vhen the bill was betore the Benate the genernl opinion was that the bill was stinply to ix up the mint Iaws, and no man Benate had the slightest Idea thers was ove! ulnt 1o the LIl towards the demouetization of silver, Mr. Alilson maved thal the five-minute rale bo apphied to the deo: La, ir, Edmunds ‘The Vice-President—Objection 1s mads motion requires ananimous consent. Mr. Beck explaiued his amendment ashedida few days sgo, when It wassubwitied, and in the course of his remarks sald he wanted to bave all the silver coinago poasible, The only fear be had was that with & hostlle Secretary of the Treasury and bostile Director of the Mint, both of whom he would dismiss from ofice bad he the power (o do wer ho desired to le, sod force them The discussion was continued at some length, during which Mr, Forry sald ho wanted Congross to express inthe law ¥lnlnly Just what it wanted done; be wanted the admirably worded and adwirably enforced, Mo had hitherto refrsined frum expressing his vis oa this bill, but it was well-known that he was an early advocate of the remonetizatiun of the allver dollar, n lllndlnf to hat Mr, Mernimon (North Caroling the capacliy of the mints 10 coin money, sald Lougresa abould be careful not to cause tho sus. pension of the soinsge of gold and sabeidiary coin by 8x!ng tho amouut of aliver doliars tv be coin Mr. A‘Illu‘m said [t was not the intentlon of Finance Committee to intorfere with the colnago of gold snd wobsldiary coin. Ue belloved the ;:ullnq. of both metals could bo carried on success- ully, Mr. Thurman moved {hll at0p. m. the Senate e Wivte M (oAl e was as much oppored ta 3aid that b was e tho pastado of (bl Hilver! Dill 1uay Oher but be felt that public intorest suffored from delay in act- ing on the bill, and therefore he was williug tostay bere all night to disposs of It The motion of Mr. Thurman was rejected. After furtber discussiun, Mr. Beck modlded his amendment so 88 Lo provida for the colusgu of sil- ver dollars sa e00n as vossibl nd aopropriating out of auy money in the Tre ry not otherwise apuroprisled the necessary smount to carry outthe provisions of the act, A voto was then tsken on the amendment as modified, and it was rejected. Un motion of Mr. Challze, the smendment of the Fiuance Committes was amended by the Insor- tun of the word **worih, " x0 a3 10 provide that the Secrutary of tha Tressury shall ruuuu not leas LLan $2, 000,000 worth nor more thas §4, 000, - 000 worth of silver bullion per month, On motlon of Mr. Ferry, that amendment was further smended by ineeriing **monthly as fast sé 80 purchase rovide that the bullion Burchascd sball bs colned maatbly as fask 4 pur- chsscd. RRIZOTED. Me, McDonald moved to sincod the smeadment of thy Cowmiites 60 &8 L0 Drovide that thero shall I,:‘o wlf‘i‘ not luss than $34,000,000 per sunum. elected. r. McDousld then moved to strike out of the smeudmcnt uf the Committes the words ‘‘mor more than §4,000,000 worth per mouth,” belng tle waxiuum swount of bullion 10 be purchased, Rojoctad by a rising vote, —yoss, 14; nays, 30, B‘vlu-ll 1aotions for a recoss and Lo sdjoury voed duwa. Mr. Morrill submitted an smendment as fgllows: *+Provided further, that for the frst yeqrsfter tho vasaage uf (he 8ct 0O MOre thau 25 pak cent, sud for'thy second yoer not ors then 50 por cent of suy payment for duties shall be recelvable in the colnage hereby suthorized." Hejoctod, —yoas, t&';‘:an.'% 9 foliowa: ety 5 Autbony, MiwcbalLf Baruui, . orrill, [EE o ety 2N geal Lamar, Tadiely Ca Mcknerson, Ve Al Eustis, Merrtmon, Ar Ferry, Morgan, ye Gl fme it fitems . Ttantorh, Camieron (Pa.), J Baulsbary, Cameron {Wia.), Jones (Fis.), Haunders, Chatfec, ones (Nev. J, Hpencer. Cockrell, Ritkwood, eller, Co Jecreery Tharman, Conover, MeDona(d, Voorhees Davia (i), McMiitan, Wallace, Davis (W, Va.), Mastinews, Windom, Deants, Mazey, Withers—a. ricy, & Whaen the name of Mr, Edmnnds was called, he #aid he was from Kaneas (Ingsila), That Senator was In favor of the bill pure sud ‘simple 2 it came from the House, and he (Edmunds) did not know bat what e was tao, if we wera to have it atall. ANOTHER AMENDMENT. Mr. Wallace snbmitted the following amendment to that of the Finance Commitice: '*And one hundred millions of such doliara ahall be colned during the three years from this date, and If the average monthly gold price paid for sald sllver bLullion daring the last twelve months thereof shall be jesn than D7-100 of a dollar, the Secretary of the ’rreunr{’mny suspend such colnage until for- ther action by Canyreas. '’ r. Ferry inquired If the effect of this amend- ment wodid not be tointimate thers wonld be s devrecistion in siiver? Ie did not bellsve there wouid be. Tt would be time enough to correct the evil after {t shatl have taken place, though he did not believe it ever wounld. Mr, Thurman aluo oppased the amendment, snd agreed that the effect of 1t wonld be an annonn@- ment that Congress had not full confidence in what it was dnlnlr. . : t. Windom favored the smendment, and sald he desired to have the silver dollar equsl in valuo tothe gold dollar. In answer to a guestion of Mr, Thurman, he sald he (Windom) was a bad ‘man to got Information from. Ile would ssy that lie was the only man who wonld sy Zflh"cly he did not know anytning on this subject. (Langh- r. ‘The amendment waa rejected by a rising vote— year, 20; nays, 40, THE FREE-COINAGE FEATURR STRICKEN OUT. The ql‘qel(lon was then taken on the amendment of the Finance Committes to strike out of the 1louse blil the free-coinags featuro and Insert tne new clause as above noted, and It was dgreed to, — Jeas, 40; nays, 22,—as follows: TEAN, Allfsan, katon, rrimor ‘Anthony, Edmunds, Siltchell, Bai by Ferry, lorrill, Hamilg, Ogiesby, oar, Faddock, it {'zl‘nmh{ b, ngolpl Hurnslde, tansom, utler, Holline, Csmeron (P'a.}, Sargent. Camaron (Ws.J, Baulsbury, Enriaticacy, FiBorua, Haibeien, Y, ] Vadielg! Conkiing, Helinen Waltaco, Daria (W, Va.), McPherson, Whyte, Dawes, Maithews, Windoin—49, Dorsey, i Armatrong, Eustts. Mazey, Bailey, arisnd, Morgan, leck, ruver, Baunders, Cockrelt, Jferetord. oer, Ke. Jones (Ffa.), Thurman, Conover, Jones(Nev.), Voorneea Davis i), McCreery, Withers—22. Dennls, EDMUNDS I1A8 AROTHER AMENDMENT, . Mr. Edmunds submitted tha following smend- ment: *‘iint nulhlnf In"this section contained +ball be construed to Interfers with the colnagoe of Eul;l and subsidisry sllver coins as now authorized y aw, ed to & longthy discossion. Mr. Sargent, oring the amendment, safd unless ‘it stiould be adoptea the coluage of gold woald be stopped, and gold woald be driven from the conntry. Mr, Jones (Nev.)~I wish it would, Mr, Bargent, resumirg, sald ne wonld like the Senator to tell him why he had sach wish. Mr. Jones, In reply, argued that the colnage system of this country was based upon the fdes that the cheapest metal should be coloed. The people of this country wonld hold the Jegislators of this day tostrict account if they refused to give them the option to pay debta in silver. He ‘bld sald he wished gold would zo out of the- conntry. e know many hungry men who would rather sto it go oat of the country than wocat. Ila knew of 10 power to drive fold out of the country nuless 15 brought an equivalent. In response to a question of Mr, Eston as to why he (Jones) enpressed different views on this ques- tion four vears ago, Jones sald he had lived and learned sumething In four years, while most of the Scnators on the side of the question who were upposed 1o him had rather retrograded than other- wise. |Laughter. | Mr. Bargentsald he represcoted in part a Btate the people of which wero attached to gold, and for thelr sake ho did not want it driven out of the country, He had not the alightest doubt that the (Zect uf this bill would be to violata the solema contracts of United fitates; spectfic conteacts, and the laws of Californis, un. der which gold bad been. aud he hoped wonldcon- tinue (o bo, used as money. Mr. Jones, {o farther explanation of his remark about gold leaving the country, said he did not wish that any Jaw bo passed to ‘exclude either metal from the country. ile desired to re-establish the Colnage lsw of 1702 as modified by the law of d let the Jaws of trade regulate the rest, Mr, Edmunds, referring to the double standard, satd it was a thimble-rigging which (n all the shows he had been to required two thimbles, and the psa was nlw-i_- put under the one which chested the pubtic. That was the doubio standard, Nothing maore or less. The amendment was rojected—yeas, 23; uays, Mr. Windom voted with the opponents of the bill in favor of the amendment. TUN ECOND BECTION. ‘The qaestion then rocurred on the second se tion of tho blll reported by the Committee on nance, providing foran futernationsl commission to adopt & comuon ratio of legal-tender as bae lwtcngold aud silver. Mr. Eston moved to_amend 80 astd name the Government of Great Britain particalarly, 80 that it amended, it would read: *°That Immedistely ter the parsage of this act the President ahall in- vite the Guvernment of Ureat Dritain and the countries composing the Latin Union and such n;.:‘ur European natlons as he may deem adviu- able.” ! Mr. Alilson said as tho blll stood the Presldent waa authorized to invite Great Britain as well as other Governments to participate in the Confers ence, and he bad no doubt he would do so, The amendment of e, Eaton was rejocted in fa The question bel:‘:fnu the adoption of the second section, Mr. Lay poke {n favor thereof, and said it wwas the only recceming feature in the bill 1l favored an Interaational Monetary Congress, and Loped tho awendment would be adopted, Mr, Morrill also favored its adoption, Mr, Ssulsbary opposed it, and said there was no necessity for aitaching this' wmeasure to an impor- tant finaucial act. Let 1t be brought forward as su {udependens proposition. A MODIPICATION, After farther detate, Mr, Alllon modified the amendment by striking out the words **of - tender, " so that the Conference should be to adopt a common ra‘*lo between gold and sliver without reference tu lexsl-tender. The amendment as mfimm waa agreed to—ycas, 40; nays, S0—as follows: . TYEAR. Alifson, Dorsar, Autbuuy, Fatwn, utt, Ferry ail {oar, 3 flero Helsre, Shieron (e, Rer ¢ Cameron (Wis., Challu h Christisney, chillan, Cankiing, Mckuerson, favia li, Matthows, ol AATE, AT, {Armatrong, Ml latiey, Masey, [ Merriidon, w{mu‘ "ml:. ¥ u, Eoker Baulsbuty, Couay s Bpeucer, Davis (W.Va.) s.) urnian, Jennts, v}, Voorbeos, iuund fcCreer, Ithiers—30. 3. 11, who wouid Bive votsd Ia the atirmas llvh was paired with Harris, who wovld bave voted c noyative. Mr, Hcflan-kl submitted an amendment to the ¢lsuso making the silver dollara leyal-tender for alldebts and ducs, public aud private, sxcept wheore otierwise provided by cootract, so ssto read inatead of provided by expreasly stipilatad fa o conl In explanstion of the amendment, Mr. McDonsld sald bo desired o have the law 80 worded that thero .could be no doubt sbout the paymentof debLy fu the aflver dollar, Afior considerable dobate, Mr. Windom ssld be thought it ovident that this bill would nob pass 1o~ night, sathe question boen revpened, which furaix weeks was discursed under the of tho Sunator frons Oblo (Matthowa). [} fore, moved that the Beuato sdjourn until 13 o'cluck Mondsy, Ke, - The amenduient o —ycas, uays, 95, THE VALUE OF MOXNEY, SBLECTIONS FEOM THE SPEECH OF SENATOR JONES. We sclect from the soeech of Benator Jones some extracts haviog s bearing upon the rise lu the value of moory generally, and especially in the riso in the value of sllver, during the last fve years: . A fallin ice of any one commodity would a8 fall in its value, sud not as ustly co A 7lie Lo e Talaw of Tuaney S5 Such fall Mkt 10 8!l appearances, uveriako one wmmodlhy uu‘; ev an snother, unti) the whole range of commodi scrvices would secmi to bave fallen, aud would ecom to have romained statiosary. sound thiakers und writers un economical scleuce 8greo toat this 14 imposstble, and that & fall In gen- caal prices Lo b sure sud valy preof of a rlsq ia tho value Of paue; Wik b0 1hb tdiudl obeerver 16 WOuld sees otheswise, becousd o rise lu the value nired on this bill with the Senstor’ d referred to.

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