Show PASSED THE BOND OILI bill I 1 forty seven republicans vote against bonds the debate was tame and closed on schedule time A democrat t denounces e no ulices usurpations 0 of f F power 0 ade r 1 by carlisle feared th that a t a new issue of bonds will go the norgan morgan syndicate washington dec 29 esthe the house today passed the bond bill by a vote of to and thus having discharged the task for which it has bee been n sitting during the recess effected an agreement ee by which it should adjourn next week three days at a time in order to give elve members an opportunity anity to spend new years tears day at their homes the closing hours of 0 the de debate bate today were lacking in spirit and there was practically no excitement until the vote was taken the margin 0 of 34 by which the first section of 0 the bill bil 1 against which the republican opponents of the measure massed their opposition was nas passed showing that the friends of the measure had marshaled every available vote in its favor As it was forty seven republicans refused to act with the majority of their party the populists lists and democrats with the exception of mr hutchinson of texas who voted tor for the bill bil 11 presented an unbroken front a against the bill the bill as passed amends the resumption acts so as to permit the issue of 3 per cent coin bonds redeemable deeina dee mable ble after five years at the pleasure ot of tha government and payable in fifteen years with the specific provision that nothing noth ingin in the bill shall be construed to repeat repeal the act of 1878 tor for the reissue of the greenbacks green backs and that the bonds shall first be offered tor for subscription at the sub treasuries and depositories repositories deposit ories of the united states the second section of the bill provides tor for the issue of three year 3 per cent debt certificates of denominations I 1 ons ot of 20 and multiples thereof in amounts not exceeding to meet temporary deficiencies DEBATE when tire the house convened today but three hours remained for debate on oil the bond bill the vote by the terms of the rule under which the house we wa operating was to be taken at 3 the attendance was large mr brossius Bross lus rep pa opened the debate in favor of the bill this was abe tle only country on the globe he sold said where gold redempa redemption tion had neither qualification nor limitation and where the treasury was without the power to resist the incursions of foreign gold grabbers or domestic speculators ula tors mr parker rep N J favored the bill as a good business measure mea suie mr air Me Lauren dem S C opposed it because it would increase the burden of a people already tax ridden and would tend to legalize a series of asur pa lations eions of power by the secretary of the treasury it if the secretary would use his discretion and redeem notes in silver the gold raids would stop and new hope would be infused into the democratic party now crushed by I 1 he financial policy of the administration mr air cannon rep III in support of the measure declared that it was a bill to maintain specie payments which had bad been resumed under the wise direction of the republican party in 1879 you on the other side continued mr cannon will vote against this bill those in favor of silver at 16 to 1 because you want to impair the credit of the country and force us to a silver basis those who support the administration because it wants gold bonds we in our judgment and patriotism stand ready to pass this bill it if it Is 13 rejected by the senate or president we s shall hall at least have cast our mite toward the protection of the public credit and have given a prophecy of what we shall do when we come me into full PO power in 1897 republican applause mr air bartlett dem N Y announced ills his opinion that the passage as sage of the pending bill instead of strengthening the financial ability and credit of the government would lead to further panic and avowed that he was tor for the maintenance ot of the gold standard until the powers of the world agreed to the coinage of silver mr tawney rep minn a member of the ways and means committee in support of the bill called attention to the presidents urgent appeal to congress to tn do something before adjourning he knew and everybody kne knew W that gold bonds would not be authorized by congress and because congress would not give him authority he and ills his secretary of the treasury had already reopened negotiations with the same old malodorous syndicate for another issue of 4 per cent bonds the people of the country were to be given no opportunity to subscribe he read several leters from constituents offering t to 0 subscribe tor for gold bonds FOR THE SILVER DEMOCRATS mr balley bailey dem tex in the attitude of the silver democrats said that they had desired to offer as ab a substitute tor for the bill a measure that would in his opinion render the further sale of bonds unnecessary As a plain business proposition the treasury should coin the silver that would furnish the treasury of additional assets successive gold withdrawals and bond issues might be forced until the public debt was increased indefinitely mr burton rep mo and mr connolly rep ill who had been counted on as opponents of the bill gave their support to it in brief speeches mr fr payne rep N Y called attention to the tact fact that the administration was already preparing 1 to issue oooo of thirty year bonds this was the emergency that this bill met by a reduction of the interest the presidents message interrupted mr linney rep N C says that the of silver certificates issued against the bullion purchased under the act ot of 1890 2890 constituted gold obligations ligat ions why did not the ways and means committee provide for the coinage of that bullion and the redemption of these thes e notes in silvert silver democratic applause the Th secretary now has authority t to 0 coin and redeem the sherman notes said mr payne but one thing thine at a time the all proposes to give the government power to redeem united states gold cold obligations in gold he argued that the purpose of the administration was to sell the bonds to the morgan syndicate at an exorbitant rate of interest and throw the responsibility on a republican C con on cress ur mr russell rep conn supported the bill briefly bri efly and mr crisp dem ga then closed for the democratic aide and mr dalzell rep pa tor for the majority mr tarsney dem mo ito offered for reference a resolution to ipen the 1 I 1 testimony in the contested election case ot of robert thorn against himself bemsel r the speaker the referred the resolution under alie rule mr hitt rep chairman of the foreign affairs c committee 0 m m 1 te e r reported e po r t e d back with a favor favorable a b ac r report ep 0 r t t the h e r resolutions e s 0 calling on tile the state department for all information regarding mcg the trial and arrest of 0 john L waller calling for a report on oil the alleged firing on the schooner henry L crosby by b y the santo domingo troops december b e r 10 and calling tor for all correspondence between the state department and spain relative to the war in progress in cuba they were all agreed to without objection jec tion the resolution reported back by the committee in lieu of the barrett resolution for or an inquiry into the advisability of impeaching thomas F bayard em cassador bas to great britain for reported rt speeches made at boston england englan d and edinburgh scotland scotia nd was substantially ly tho the mccall resolution requesting the president to inform the I 1 house 1 ouse whether any ate steps pa had been taken to ascertain the correctness of the reported speeches and if true what action it if any should be taken thereon mr air hitt suggested that every everything thin g offensive had been eliminated from t the h e resolution making it simply one of inquiry it also was agreed to when I 1 mccreary dem ky gave notice that he would debate tile the question when the reply was laid before the house mr cummings dem N Y presented a favorable report from tile the committee on naval affairs on the joint resolution tor for the acceptance of the ram whose speed did riot not meet the requirements of the contract mt and the resolution was passed at the house adjourned adjoin ned until next tuesday |