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Cal., Platt, Proctor, Quay, Ransom, Sherman, | States in a conference to be held in Washington,
Smith, Squire, Stockbridge, Turpie, Vilas,
Voorhees, Washburn, White of La.-41.
Mr. BLACKBURN moved to add to the bill these
sections:

"SEC. 2. That on and after the 1st day of January, 1894, any mine owner or smelter producing silver which is derived exclusively from mines situated in the United States or its Territories, and which is of the required fineness, may present the same at any of the mints of the United States, and the same shall be coined free into silver dollars of the present standard, except the seigniorage hereinafter provided for, if presented in sums not less than $100.

"SEC. 3. That on the 1st day of each month the Secretary of the Treasury shall establish the seigniorage for each following month.

"SEC. 4. That the seigniorage for the coining silver shall be the difference between the market price of silver bullion and the minted value after coined, which seigniorage shall not be coined, but shall be sold by the Secretary of the Treasury in open market, at home or abroad, at the highest price for gold, which gold shall be held in the Treasury, and used only for the purpose of maintaining parity between the two metals.

"SEC. 5. That in fixing or establishing the seigniorage the average price of silver sold by him the month preceding shall control, when he has sold any; otherwise the average price in the cities of London and New York.

"SEC. 6. That in order to protect the mints against imposition, no silver shall be coined under this act except such as is produced by smelters situated in the United States, and shall be stamped, marked or molded as directed by the Secretary of the Treasury, who is hereby authorized to appoint such officers or agents, and fix their compensation and prescribe such rules and regulations as may be necessary to carry this act into effect.

"SEC. 7. That the silver bullion sold as heretofore provided shall have its earmarks removed, and shall, after sale, lose its privilege."

Which was rejected-yeas 28, nays 42, (not voting 15):

YEAS-Messrs. ALLEN, Bate, Berry, Blackburn, Butler, Call, Daniel, Dubois, Faulkner, George, Hunton, Irby, Jones of Nev., KYLE, Martin, Pasco, Perkins of Cal., Pettigrew, Power, Pugh, Roach, Shoup, Squire, Teller, Vance, Vest, Walthall, Wolcott-28.

NAYS-Messrs. Aldrich, Brice, Caffery, Camden, Carey, Coke, Cullom, Davis, Dixon, Dolph, Frye, Gallinger, Gibson of Md., Gorman, Grady, Hale, Harris, Higgins, Hill, Hoar, Lindsay, Lodge, McMillan, McPherson, Manderson, Mills, Mitchell of Wis., Morrill, Murphy, PEFFER, Platt, Proctor,Quay, Sherman, Smith, STEWART, Stockbridge, Turpie, Vilas, Voorhees, Washburn, White of La.-42.

Mr. STEWART moved to add to this bill this section:

"SEC. That the President of the United States be, and he hereby is, authorized and directed to invite the several Governments of the Republics of Mexico, Central and South America, Haiti and Santo Domingo to join the United

in the United States, within nine months from the passage of this act, for the purpose of the adoption of a common silver coin to be issued by each government, the same to be a legal tender in all commercial transactions between the citizens of all the American States' represented in the conference; and when such common coin shall have been agreed upon by the majority of the governments represented in such conference, and when the mints of the governments so invited and participating in such conference shall have been opened to the free and unlimited coinage of the common silver coin so agreed upon by the conference for the benefit of depositors of silver bullion, the United States will also open its mints to the free and unlimited coinage of such common silver coin."

Which was rejected-yeas 32, nays 41, (not voting 12):

YEAS-Messrs. ALLEN, Bate, Berry, Blackburn, Butler, Call, Cockrell, Coke, Daniel, Dubois, George, Harris, Hunton, Irby, Jones of Ark., Jones of Nev., KYLE, Martin, PEFFER, Perkins of Cal., Pettigrew, Power, Pugh, Roach, Shoup, Squire, STEWART, Teller, Vance, Vest, Walthall, Wolcott-32.

NAYS-Messrs. Aldrich, Brice, Caffery, Camden, Carey, Cullom, Davis, Dixon, Dolph, Faulkner, Frye, Gallinger, Gibson of Md., Gorman, Gray, Hale, Higgins, Hill, Hoar, Lindsay, Lodge, McMillan, McPherson, Manderson, Mills, Mitchell of Wis., Morrill, Murphy, Pasco, Platt, Proctor, Quay, Ransom, Sherman, Smith, Stockbridge, Turpie, Vilas, Voorhees, Washburn, White of La.-41. Mr. SQUIRE moved to strike out all after the enacting clause and insert these words:

Free Coinage of Silver with Provisos. "That hereafter any owner of silver bullion, the product of mines or refineries located in the United States, may deposit the same at any mint of the United States, to be formed into standard dollars of the present weight and fineness, for his benefit, as hereinafter stated; but it shall be lawful to refuse any deposit of less value than $100, or any bullion so base as to be unsuitable for the operation of the mint: Provided, however, That there shall only be delivered or paid to the person depositing the said silver bullion such number of standard silver dollars as shall equal the commercial value of said silver bullion on the day of deposit, as ascertained and determined by the Secretary of the Treasury; the difference, if any, between the mint or coin value of said standard silver dollars and the commercial value of the silver bullion thus deposited shall be retained by the Government as seigniorage, and the gain or seigniorage arising from such coinage shall be accounted for and paid into the Treasury: Provided, That the deposits of silver bullion for coinage into silver dollars. under the provisions of this act shall not exceed the sum of $2,000,000 per month. The amount of such seigniorage or gain shall be retained in the Treasury as a reserve fund. in silver dollars, or such other form of equivalent lawful money as the Secretary of the Treasury may from time

George, Gibson of Md., Gorman, Gray, Hale,
Harris, Hill, Hoar, Hunton, Lindsay, Lodge,
McMillan, McPherson, Manderson, Mills,
Mitchell of Wis., Morrill, Murphy, Pasco, Per-
kins of Cal., Platt, Proctor, Quay, Ransom,
Roach, Sherman, Shoup, Smith, Squire, Stock-
bridge, Turpie, Vance, Vest, Vilas, Voorhees,
Walthall, Washburn, White of La.- 58.

to time direct, for the purpose of maintaining | Dolph, Dubois, Faulkner, Frye, Gallinger, the parity of value of every silver dollar, issued under the provisions of this act, with the gold dollar issued by the United States: Provided further, That when the number of standard silver dollars coined under the foregoing provision shall reach the sum of $100,000.000 then all further coinage of silver dollars shall cease. "SEC. 2. That the said silver dollars shall be a legal tender in all payments at their nominal or coin value."

Which was rejected-yeas 20, nays 42, (not voting 23):

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YEAS-Messrs. Bate, Berry, Blackburn, Butler, Call, Coke, Daniel, Faulkner, George, Harris, Hunton, Irby, Martin, Pasco, Perkins of Cal., Pugh, Squire, Vance, Vest, Walthall

20.

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Mr. ALLEN moved to add to the reported bill these sections:

"SECTION 1. That from and after the date and passage of this act the unit of value in the United States shall be the dollar, and the same may be coined of 4121⁄2 grains of standard silver, or 25.8 grains of standard gold; and the said coin shall be legal tender for all debts, public and private. That hereafter any owner of NAYS-Messrs. Aldrich, ALLEN, Brice, Caff- silver bullion may deposit the same at any miut ery, Camden, Carey, Cullom, Davis, Dixon, of the United States, which deposit, less 20 per Dolph, Frye, Gallinger, Gibson of Md., Gor- cent., which shall be deducted therefrom as man, Gray, Hale, Higgins, Hill, Hoar, KYLE, seigniorage, shall be coined into standard dolLindsay, Lodge, McMillan, McPherson, Man-lars for his benefit and without other charge derson, Mills, Mitchell of Wis., Morrill, Murphy, PEFFER, Platt, Proctor, Quay, Ransom, Sherman, Smith, Stockbridge, Turpie, Vilas, Voorhees, Washburn, White of La.-42.

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Mr. PEFFER moved to insert after the word repealed" in the reported bill these words:

Additional Treasury Notes.

"That the Secretary of the Treasury be, and he is hereby, authorized and directed to cause to be prepared immediately Treasury notes to the amount of $250,000,000, said notes to be in form, dimensions, and general appearance similar to those which have been prepared under the provisions of the act of July 14, 1890. They shall be of the denominations of $1, $2, $5, $10, and $20, one-fifth part in value of the total issue to be in each of said denominations; they shall be made payable in lawful money; they shall be received by the Government of the United States, and the officers thereof, for taxes and all public dues, and they shall be lawful money and legal tender, at their face value, in payment of debts to any amount whatever.

"SEC. 3. That said notes shall be printed on paper of the same character, quality, and grade as that now used for United States notes; they shall be prepared in accordance with laws, rules, and regulations now in force applicable to such work, and as fast as they are ready for delivery they shall be depostted in the Treasury and treated as so much available cash, and they shall be paid out the same as other public moneys.

for coinage than said deduction as seigniorage; which seigniorage shall be coined into standard dollars and covered into the Treasury; but it shall be lawful to refuse any deposit of less value than $100, or any bullion so base as to be unsuitable for the operation of the mint.

"SEC. 2. That the provision of section 3 of 'An act to authorize the coinage of the standard silver dollar and to restore its legal-tender character,' which became a law February 28, 1878, is hereby made applicable to the coinage in this act provided for.

"SEC. 3. That the certificates provided for in the second section of this act shall be denominations of not less than one nor more than one hundred dollars, and such certificates shall be redeemable in coin of standard value. A suffi. cient sum to carry out the provisions of this act is hereby appropriated, out of any money in the Treasury not otherwise appropriated.

"SEC. 4. That the certificates provided for in this act and all silver and gold certificates issued, shall be receivable for all taxes and dues to the United States of every description, and shall be a legal tender for the payment of all debts, public and private.

"SEC. 5. That the owners of bullion deposited for coinage shall have the option to receive coin or its equivalent in the certificates provided for in this act, and such bullion shall be subsequently coined.

"SEC. 6. That on the passage and approval of this act, an act entitled 'An act directing the "SEC. 4. That when any of said notes are purchase of silver bullion and the issue of Treasreceived in the Treasury in the course of busi-ury notes thereon, and for other purposes,' apness, they shall be reissued and thus kept in cir- proved July 14, 1890, shall stand repealed." culation.

"SEC. 5. That this act shall take effect immediately after its passage."

Which was rejected-yeas 7, nays 58, (not voting 20):

YEAS-Messrs. ALLEN, Call, Irby, KYLE, PEFFER, Pettigrew, STEWART—7.

NAYS-Messrs. Aldrich, Bate, Berry, Blackburn, Brice, Butler, Caffery, Camden, Carey, Cockrell, Coke, Cullom, Daniel, Davis, Dixon,

Which was rejected-yeas 28, nays 42, (not voting 16):

YEAS-Messrs. ALLEN, Bate, Berry, Blackburn, Call, Cockrell, Coke, Daniel, Dubois, George, Harris, Hunton, Irby, Jones of Nev., KYLE, Martin, Perkins of Cal., Pettigrew, Power, Pugh, Roach, Shoup, STEWART, Teller, Vance, Vest, Walthall, Wolcott-28.

NAYS-Messrs. Aldrich, Brice, Caffery, Camden, Carey, Cullom, Davis, Dixon, Dolph,

Faulkner, Frye, Gallinger, Gibson of Md., | with the denominations of the United States
Gorman, Gray, Hale, Hill, Hoar, Lindsay, notes. The coin deposited or representing the
Lodge, McMillan, McPherson, Manderson, certificate shall be retained in the Treasury for
Mills, Mitchell of Wis., Morrill, Murphy, Pasco,
PEFFER, Platt, Proctor, Quay, Ransom, Sherman,
Smith, Squire, Stockbridge, Turpie, Vilas,
Voorhees, Washburn, White of La.-42.
Mr. STEWART moved to add to the bill these
words:

"That the gold coins of the United States shall be a one-dollar piece, a quarter eagle or two-and-a-half-dollar piece, a three-dollar piece, a half eagle or five-dollar piece, an eagle or tendollar piece, and a double eagle or twenty-dollar piece; and the weight of standard gold of the gold dollar shall be 19.35 grains; of the quarter eagle or two-and-a-half-dollar piece, 48.375 grains; of the three-dollar piece, 58.c5 grains; of the half eagle or five-dollar piece, 96.75 grains; of the eagle or ten-dollar piece, 193.50 grains; of the double eagle or twenty-dollar piece, 387 grains, which coins shall be a legal tender in all payments at their nominal value." | Which was rejected, on a division.

Mr. PASCO moved to strike out all after the enacting clause and insert the following:

A Commission to Establish a Ratio. "SECTION I. That a commission, to be composed of three citizens of the United States, Shall be appointed by the President, by and with the advice and consent of the Senate, to ascertain and determine by the 1st day of January next the fair and just ratio between the actual and intrinsic values of silver and gold, as a basis for the future coinage of silver, as hereinafter provided, without discrimination against either metal or charge for coinage, so that the dollar unit of coinage of both metals may be of equal actual and intrinsic value. And the said commission shall report to the Secretary of the Treasury the result reached by them as soon as practicable after the date hereinbefore named, and he shall thereupon fix and determine the weight of pure and standard silver to be contained in the silver dollar, authorized to be coined by this act, according to the said report; and the said silver dollar so authorized and thereafter coined shall be of the standard and weight thus fixed and determined by the Secretary of the Treasury.

"SEC. 2. That the coins mentioned in the previous section shall have on them the devices and superscriptions provided for coins of like denomination now coined, and shall be legal tender at their nominal value for all debts and dues, public and private, except when otherwise expressly stipulated by contract; and any owner of silver bullion may deposit the same at the mints of the United States to be coined into dollars of the fineness and weight fixed in accord ance with the provisions of the first section of this act.

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the payment of the same on demand. Said certificates shall be receivable for customs, taxes, and all public dues, and when received may be reissued.

"SEC. 4. That the silver bullion deposited for coinage purposes under the provisions of this act shall be subject to the requirements of existing law and the regulations of the mint service governing the methods of determining the amount of pure silver contained and the amount of charges or deductions, if any, to be made.

"SEC. 5. That the Secretary of the Treasury shall, within two years from and after the passage of this act, cause all the silver dollars of the United States heretofore minted, as well as the Treasury notes issued under the law of July 14, 1890, to be withdrawn from circulation by exchanging the same, or causing the same to be exchanged at their nominal value for silver certificates of like denominations, representing silver coins of the weight and fineness provided by this act; and the silver certificates thus issued shall be in all respects similar to those provided for in the preceding section, and shall like them be receivable for customs, taxes, and public dues, and when received may be reissued; and that on and after the expiration of the two years above mentioned all the silver dollars as well as the Treasury notes issued under the law of July 14, 1890, shall cease to be legal tender.

"SEC. 6. That all silver dollars coined prior to the passage of this act shall be recoined as early as practicable into coins of the same denomination of the weight and fineness authorized' by section 1 of this act.

"SEC. 7. That the Secretary of the Treasury is hereby authorized to adopt such rules and regulations, in accordance with the coinage laws of the United States, as may be necessary to enforce the provisions of this act.

"SEC. 8. That a sum sufficient to carry out the provisions of this act is hereby appropriated out of any moneys in the Treasury not otherwise appropriated.

"SEC. 9. That the act entitled 'An act directing the purchase of silver bullion and the issue of Treasury notes thereon, and for other purposes,' approved July 14, 1890, and all other acts and parts of acts authorizing the purchase of silver bullion for the purpose of coining the same into silver dollars be, and the same are hereby, repealed."

Which was rejected-yeas 20, nays 47, (not voting 18):

YEAS-Messrs. Bate, Berry, Blackburn, Butler, Cameron, Cockrell, Coke, Daniel, Faulkner, Harris, Hunton, Irby, Jones of Ark., Martin, Pasco, Perkins of Cal., Pugh, Vance, Vest, Walthall-20.

NAYS-Messrs. Aldrich, ALLEN, Brice, Caff"SEC. 3. That any holder of the coins author-ery, Camden, Carey, Cullom, Davis, Dixon, ized by this act may, after the 1st day of March, Dolph, Frye, Gallinger, George, Gibson of Md., 1894, deposit the same with the Treasurer or any Gorman, Gray, Hale, Hawley, Higgins, Hill, assistant treasurer of the United States in sums Hoar, KYLE, Lindsay, Lodge, McMillan, Mcof not less than $10, and receive therefor certifi- Pherson, Manderson, Mills, Mitchell of Wis, cates of not less than $10 each, corresponding Morrill, Murphy, PEFFER, Pettigrew, Platt,

Proctor, Quay, Ransom, Roach, Sherman,
Smith, Squire, Stockbridge, Turpie, Vilas,
Voorhees, Washburn, White of La.-47.
The bill, as reported from the Finance Com-
mittee, was then passed—yeas 43, nays 32, (not
voting 10):

YEAS-Messrs. Aldrich, Brice, Caffery, Camden, Carey, Cullom, Davis, Dixon, Dolph, Faulkner, Frye, Gallinger, Gibson of Md., Gorman, Gray, Hale, Hawley, Higgins, Hill, Hoar, Hunton, Lindsay, Lodge, McMillan, McPherson, Manderson, Mills, Mitchell of Wis., Morrill, Murphy, Platt, Proctor, Quay, Ransom, Sherman, Smith, Squire, Stockbridge, Turpie, Vilas, Voorhees, Washburn, White of La.-43.

NAYS-Messrs. ALLEN, Bate, Berry, Blackburn, Butler, Call, Cameron, Cockrell, Coke, Daniel, Dubois, George, Harris, Irby, Jones of Ark., Jones of Nev., KYLE, Martin, Pasco, PEFFER, Perkins of Cal., Pettigrew, Power, Pugh, Roach, Shoup, STEWART, Teller, Vance, Vest, Walthall, Wolcott-32.

NAYS-Messrs. Adams of Ky, Aldrich, Apsley, Avery, Babcock, Baker of N. H., Baldwin, Barnes, Bartlett, Barwig, Belden, Beltzhoover, Berry, Bingham, Black of Ill., Blair, Brawley, Breckinridge of Ark., Bretz, Brickner, Brosius, 7. B. Brown, Bunn, Bynum, Cabaniss, Cadmus, Caldwell, T. 7. Campbell, Cannon of Ill., Caruth, Catchings, Causey, Chickering, Clancy, Cobb of Mo., Cockran, Cogswell, Compton, Coombs, Cooper of Fla., Cooper of Ind., Cooper of Wis., Cornish, Covert, Crain, Cummings, Curtis of N. Y., Daniels, Davey, De Forest, Dingley, Draper, Dunn, Dunphy, Durborow, English of N. J., Erdman, Everett of Mass., Fellows, Fielder, Fitch, Fletcher, Forman, Geissenhainer, Gillet of N. Y., Goldzier, Gorman, Gresham, Grout, Hainer of Neb., Haines, O. M. Hall, Hammond, Harmer, Harter, Haugen, Henderson of Iowa, Hendrix, Hines, Hitt, Hooker of N. Y., Hopkins of Ill., Houk of Ohio, Houk of Tenn., Johnson of Ind., Johnson of N. Dak., Johnson of Ohio, Joy, Kiefer, Kribbs, Lapham, Layton, Lefever, Lilly, Linton, Lisle, Lock

Action of the House on the Senate Sub-wood, Loudenslager, Lucas, Lynch, Magner,

stitute.

November 1-Mr. BLAND moved to recommit the bill to the Committee on Coinage, Weights and Measures with instructions to report it back

with an amendment:

REVIVE THE ACT OF 1837.

Add to the Senate amendment the following: "And to provide for carrying into effect the policy of the foregoing declaration and that so much of the act of January 18, 1837, in regard to the establishment of a mint and relating to the coins of the United States as relates to and provides for the coinage of the standard silver doltar of 4121⁄2 grains of standard silver is hereby revived and re-enacted into full force and effect." Which was rejected-yeas 109, nays 176, (not voting 68):

Mahon, Martin of Ind,, Marvin of N. Y., Mc-
Aleer, McCall, McCleary of Minn., McCreary of
Ky., McDannold, McDowell, McEttrick, Mc-
Gann, McKaig, McNagny, Meiklejohn, Mercer,
Meyer, Milliken, Montgomery, Moon, Morse, H.
Mutchler, Oates, O'Neil of Mass., Outhwaite,
Paschal, Patterson, Payne, Paynter, Pearson,
Pendleton of W. Va., Phillips, Pigott, Powers,
Price, Randall, Ray, Rayner, Reed, Reilly,
Reyburn, Richards, Ritchie, Rusk, Russell of
Conn., Ryan, Schermerhorn, Settle, Shaw,
Sherman, Sickles, Sipe, Smith, Somers, Sperry,
Springer, Stevens, C. W. Stone, W. A. Stone,
Stone of Ky., Storer, Talbott of Md., Thomas,
Tracey, Tucker, Turner of Ga., Van Voorhis
of N. Y., Wanger, Warner, Washington, Waugh,
Wells, Wheeler of Ill., Wilson of W. Va., Wol-
verton, Woomer—176.

YEAS-Messrs. Aitken, Alderson, Alexander, The SENATE amendment was then concurred Allen, Arnold, Bailey, BAKER of Kan., Bank-in-yeas 194, nays 94, (not voting 66): head, BELL of Colo., Bell of Tex., Black of Ga., Blanchard, Bland, Boatner, BOEN, Bower of N. C., Branch, Broderick, Brookshire, Bryan, D. D. Burnes, Cannon of Cal., Capehart, Clark of Mo., Cobb of Ala., Cockrell, Cooper of Tex., Cox of Tenn., Crawford, Culberson, Curtis of Kan., DAVIS, De Armond, Denson, Dinsmore, Dockery, Donovan, Doolittle, Edmunds, Ellis of Ore., Epes, Fithian, Funston, Fyan, Geary, Grady, Hall of Mo., HARRIS of Kan., Hart man., Heard, Henderson of N. C., Hermann, Hilborn, Holman, Hopkins of Pa., HUDSON, Hunter, Hutcheson, Ikirt, Jones, KEM, Kilgore, Kyle, Lane, Latimer, Livingston, Maddox, Maguire, Mallory, Marsh, Marshall, McCulloch, McDearmon, MCKEIGHAN, McLaurin, McMillin, McRae, Meredith, Money, Morgan, Moses, Neill, PENCE, Post, Richardson of Mich., Richardson of Tenn., Robbins, Robertson of La., Sayers, Shell, Sibley, Snodgrass, Stallings, Stockdale, Strait, Swanson, Sweet, Talbert of S. C., Tarsney, Tate, Taylor of Ind., Terry, Turpin, Tyler, Wheeler of Ala., Whiting. Williams of Ill., Williams of Miss., Wilson of Wash.-109.

YEAS-Messrs. Adams of Ky., Alderson, Aldrich, Apsley, Avery, Babcock, Baker of N. H., Baldwin, Barnes, Bartlett, Barwig, Belden, Beltzhoover, Berry, Bingham, Black of Ga., Black of Ill., Blair, Brawley, Breckinridge of Ark., Bretz, Brickner, brookshire, Brosius, J. B. Brown, Bunn, Bynum, Cabaniss, Cadmus, Caldwell, T. J. Campbell, Cannon of Cal., Caruth, Catchings, Causey, Chickering, Clancy, Cobb of Mo., Cockran, Cogswell, Compton, Coombs, Cooper of Fla, Cooper of Ind., Cooper of Wis., Cornish, Covert, Crain, Cummings, Curtis of N. Y., Daniels, Davey, De Forest, Dingley, Donovan, Draper, Dunn, Dunphy, Durborow, Edmunds, English of N. J., Erdman, Everett of Mass., Fellows, Fielder, Fitch, Fletcher, Forman, Gardner, Geary, Geissenhainer, Gillet of N. Y., Goldzier, Gorman, Gresham, Grout, Haines, O. M. Hall, Hammond, Harmer, Harter, Haugen, Henderson of Iowa, Hendrix, Hines, Hitt, Holman, Hooker of N. Y., Hopkins of Ill., Houk of Ohio, Houk of Tenn., Hunter, Johnson of Ind., Johnson of N. Dak., Johnson of Ohio, Joy, Kiefer, Kribbs, Lapham, Layton, Lefever, Lilly, Linton, Lisle,

IN SENATE.

1893, August 15-Mr. VOORHEES reported

Lockwood, Loudenslager, Lynch, Magner, | OF POLITICS FOR 1884, pp. 141, 142; HANDMahon, Marshall, Martin of Ind., Marvin of BOOK OF POLITICS FOR 1882, pp. 134-147.] N. Y., McAleer, McCall, McCleary of Minn., McCreary of Ky., McDannold, McDowell, McEttrick, McGann, McKaig, McNagny, Mercer, Meredith, Meyer, Milliken, Montgom- this bill (S. 453) from the Committee of Finance ery, Moon, Morse, H. Mutchler, Oates, O'Neil and asked its present consideration: of Mass., Outhwaite, Paschal, Patterson, Payne, Paynter, Pearson, Pendleton of W. Va., Phillips, Pigott, Post, Powers, Price, Randall, Ray, Rayner, Reed, Reilly, Reyburn, Richards, Richardson of Mich., Ritchie, Rusk, Russell of Conn., Ryan, Schermerhorn, Scranton, Settle, Shaw, Sherman, Sickles, Sipe, Somers, Sperry, Springer, Stevens, C. W. Stone, W. A. Stone, Stone of Ky., Storer, Swanson, Talbott of Md., Taylor of Ind., Thomas, Tracey, Tucker, Turner of Ga., Turpin, Tyler, Van Voorhis of N. Y., Wanger, Warner, Washington, Waugh, Weadock, Wells, Wheeler of III., White of Ohio, Whiting, Wilson of W. Va., Wolverton, Woomer, Wright of Pa.-194.

NAYS-Messrs. Aitken, Alexander, Allen, Arnold, Bailey, BAKER of Kan., Bankhead, BELL of Colo., Bell of Tex., Blanchard, Bland, Boatner, BOEN, Bower of N. C., Branch, Broderick, Bryan, D. D. Burnes, Cannon of Ill., Capehart, Clark of Mo., Cobb of Ala., Cockrell, Cooper of Tex., Cox of Tenn., Crawford, Culberson, Curtis of Kan., DAVIS, De Armond, Denson, Dinsmore, Dockery, Doolittle, Ellis of Ore., Epes, Fithian, Funston, Fyan, Grady, Hainer of Neb., Hall of Mo., HARRIS of Kan., Hartman, Heard, Henderson of N. C, Hermann, Hilborn, Hopkins of Pa., HUDSON, Hutcheson, Ikirt, Jones, KEM, Kilgore, Kyle, Lane, Latimer, Livingston, Lucas, Maddox, Maguire, Mallory, Marsh, McCulloch, McDearmon, McKEIGHAN, McLaurin, McRae, Meiklejohn, Money, Morgan, Moses, PENCE, Richardson of Tenn., Robbins, Robertson of La., Sayers, Shell, Sibley, Smith, Snodgrass, Stallings, Stockdale, Strait, Sweet, Talbert of S. C., Tarsney, Tate, Terry, Wheeler of Ala., Williams of Ill., Williams of Miss., Wilson of Wash.-94.

"Be it enacted, etc., That upon any deposit already or hereafter made of any United States interest-bearing bonds in the manner required by law, any national banking association which has made or shall make such deposit shall be entitled to receive from the Comptroller of the Currency circulating notes of different denominations, in blank, registered and countersigned as provided by law, not exceeding in the whole amount, including circulating notes previously issued, the par value of the bonds deposited: Provided, That at no time shall the amount of such notes issued to any association exceed the amount at such time actually paid in of its capital stock."

August 19-Mr. ALLEN of Neb. moved to add to the bill these words:

"Provided further, That the margin of the bonds used as a basis for the notes issued under this act shall cease to draw interest during the time said notes, or any part thereof, are outstanding and unredeemed; and the issuance of notes under this act shall be deemed and taken to be conclusive evidence that the owner of such bonds assents to this proviso; And provided still further, That nothing in this act contained shall be so construed as to commit the Government to the policy of a permanent national debt, or to prevent the prompt payment of all outstanding interest-bearing obligations as fast as they mature."

Which was rejected-yeas II, nays 39:
YEAS-Messrs. ALLEN, Bate, Berry, Coke,
Irby, Jones of Ark., KYLE, Martin, Mills,
PEFFER, Roach—11.

NAYS-Messrs. Aldrich, Allison, Caffery,
Camden, Carey, Chandler, Cullom, Davis, Du-
bois, Faulkner, Frye, Gallinger, Gibson of Md.,.
Gorman, Gray, Hale, Hawley, Higgins, Hill,.
Hoar, Lindsay, McPherson, Manderson, Mitchell.
of Ore., Pasco, Perkins of Cal., Pettigrew,.
Power, Sherman, Shoup, STEWART, Stockbridge,
Teller, Turpie, Vilas, Voorhees, Washburn,.
White of Cal., White of La.-39.

August 28-Mr. COCKRELL moved this as an additional section:

NOT VOTING-Messrs. Abbott, Bartholdt, Boutelle, Bowers of Cal., Brattan, Breckinridge of Ky., Burrows, Caminetti, Childs, Clarke of Ala., Coffeen, Conn, Cousins, Dalzell, Dolliver, Ellis of Ky., Enloe, Funk, Gear, Gillett of Mass., Goodnight, Graham, Grosvenor, Hager, Hare, Hatch, Hayes, Heiner of Neb., Henderson of Ill., Hepburn, Hicks, Hooker of Miss., Hooker of N. Y., Hulick, Hull, Lacey, Lawson of Ga., Lester of Ga., Loud, McMillin, Murray, Neill, NEWLANDS, Northway, O'Ferrall, O'Neill of Pa., Page, Pendleton of Tex., Perkins, Pickler, Robinson of Pa., Russell of Ga., SIMPSON, Stephenson, Strong, Tawney, Taylor of Tenn., Upde-Secretary of the Treasury, the Secretary of the graff, Van Voorhis of Ohio, Wadsworth, Walker, Wever, Wilson of Ohio, Wise, Woodard, Wright of Mass.-66.

Increase of National-Bank Circulation.

[For previous action on this subject, see AcPherson's HAND-BOOK OF POLITICS FOR 192, p. 243; HAND-BOOK FOR 1890, p. 263; HND-BOOK FOR 1888, p. 145; HAND-BOOK

"SEC. 2. That upon the delivery and surrender of any of the United States bonds known as the funded loan of 1891, continued at 2 per cent. interest and payable at the option of the United States, by the holder and owner thereof, to the

Treasury shall receive, cancel, and destroy such
bond or bonds, and shall issue and deliver in
exchange and payment therefore an amount of
United States legal tender notes, commonly
known as greenbacks, in the same form and
words of said United States notes, equal in
amount to the face value of such bond or
bonds, with the accrued interest thereon."

Which was rejected-yeas 23, nays 29:
YEAS-Messrs. ALLEN, Bate, Berry, Call,

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