160 



CONGRESS. (THE FINANCIAL MEASURE.) 



Driscoll, Eddy, Emerson. Esch, Paris, Fitzgerald 

 of New York, Fletcher, Fordney, Foss, Fowler, 

 Freer, Gamble. Gardner of Michigan. Gardner of 

 Ne\v .Jersey. Gibson, Gill, Gillett of Massachu- 

 setts, Graft', Graham, Greejie of Massachusetts, 

 Grosvenor, Grout, Grow, Hamilton, Haugen, 

 Iliiwlcy. Heatwolc. Hedge, Hemenway, Henry of 

 Connecticut, Hepburn, Hill, Hitt, Hoffecker, 

 Hopkins. Mowell, Hull, Jack, Jenkins, Jones of 

 Washington, Kahn, Kerr, Keteham. Knox. Lacey, 

 I, and is. Lane, Lawrence, Levy, Linney, Littauer, 

 Littlrfield, Long. Lorimer, Loud, Loudenslager, 

 Lovering, Lybrand, McAleer, McCall, McCleary, 

 McPherson, Mahon, Mann, Marsh, Mercer, Mes- 

 ick. Metcalf, Miller, Minor, Mondell, Moody of 

 Massachusetts. Moody of Oregon, Morgan, Mor- 

 ii>. Mudd, Needham, O'Grady, Olmsted, Otjen, 

 Overstreet, Packer of Pennsylvania, Parker of 

 New Jersey. Payne, Pearce of Missouri, Pearre, 

 Phillips, Powers, Prince, Pugh, Ray, Reeder, 

 Reeves, Roberts of Massachusetts, Rodenberg, 

 Ruppert, Russell, Scudder, Shattuc, Shelden, 

 Sherman, Showalter, Smith of Illinois, H. C. 

 Smith, Samuel W. Smith, William Alden Smith, 

 Southard, Spalding, Sperry, Sprague, Steele, 

 cStevens of Minnesota, Stewart of New Jersey, 

 Stewart of New York, Stewart of Wisconsin, Sul- 

 loway, Tawney, Tayler of Ohio, Thayer, Thomas 

 of Iowa, Thropp, Tompkins, Tongue, Underbill, 

 Van Voorhis, Wachter, Wadsworth, Wanger, 

 \\"arner, Waters, Watson, Weaver, Weeks, Wey- 

 mouth, White, Wilson of New York, Wright, 

 Young of Pennsylvania 190. 



NAYS Adamson, Allen of Kentucky, Allen of 

 Mississippi, Atwater, Bailey of Texas, Ball, Bank- 

 head, Barber, Bartlett, Bell, Benton, Berry, Brad- 

 ley, Brantley, Breazeale, Brenner, Brewer, Brun- 

 didge, Burke of Texas, Burleson, Burnett, Cald- 

 well, Carmack, Chanler, Clark of Missouri, Clay- 

 ton of Alabama, Cochran of Missouri, Cooney, 

 Cooper of Texas, Cowherd, Cox, Crawford, Crow- 

 ley, Cummings, Cusack, Daly of New Jersey, 

 S. W. Davenport, Davis, De Armond, De Graffen- 

 reid, De Vries, Dinsmore, Dougherty, Elliott, Epes, 

 Finley, Fitzgerald of Massachusetts, Fitzpatrick, 

 Fleming, Foster, Fox, Gaines, Gaston, Gilbert, 

 Glynn, Gordon, Green of Pennsylvania, Griffith, 

 Griggs, Hall, Hay, Henry of Mississippi, Henry 

 of Texas, Howard, Jett, Johnston, Jones of Vir- 

 ginia, Kitchin, Kleberg, Kluttz, Lamb, Lanham, 

 I .a timer, Lentz, Lester, Lewis, Little, Livingston, 

 Lloyd, McClellan, McCulloch, McDowell, McLain, 

 McRae, Maddox, May, Meekison, Meyer of Louisi- 

 ana, Miers of Indiana, Moon, Muller, Naphen, 

 Neville, Newlands, Noonan, Norton of Ohio, 

 Norton of South Carolina, Otey, Pierce of Ten- 

 nessee, Polk, Quarles, Ransdell, Rhea of Ken- 

 tucky, Rhea of Virginia, Richardson, Ridgely, 

 Riordon, Rixey, Robb, Robbins, Robinson of In- 

 diana, Robinson of Nebraska, Rucker, Ryan of 

 New York, Ryan of Pennsylvania, Salmon, 

 Shackleford, Shafroth, Sheppard, Sibley, Sims, 

 Slayden, Small. Smith of Kentucky, Snodgrass, 

 Sparkman. Spight, Stark, Stephens of Texas, 

 Stokes, Sulzer, Sutherland. Swanson, Talbert, 

 Tate, Taylor of Alabama, Terry, Thomas of North 

 Carolina, Turner, Underwood, Vandiver, Wheeler 

 of Kentucky. J. R. Williams, W. E. Williams, 

 Williams of Mississippi, \\ilson of Idaho, Wilson 

 of South Carolina, Young of Virginia, Zenor, 

 Zieffler 160. 



NOT VOTING Bellamy, liishop, Broussard, 

 Campbell. Catchings, Davey. (Jillet of New York, 

 Manner, Joy, Robertson of Louisiana. Smith of 

 Maryland. Shillings, Vreeland, Wheeler of Ala- 

 bama 14. 



On Dec. 9 the bill was laid before the Senate, re- 



ferred to the Committee on Finances, and reported 

 with amendments. It was debated at great 

 length, amended, and passed by that body Feb. 

 15, 1900, by the following vote: 



YEAS Aldrich, Allison, Beveridge, Burrows, 

 Caffery, Carter, Clark of Wyoming, Cullom, Davis, 

 Deboe, Depew, Elkins, Fairbanks, Foraker, Fos- 

 ter, Frye, Gear, Hale, Hanna, Hansbrough, Haw- 

 ley, Hoar, Kean, Lindsay, Lodge, McBride. Mc- 

 Comas, McCumber, McMillan, Mason, Nelson, 

 Penrose, Perkins, Platt of Connecticut, Platt of 

 New York, Pritchard, Quarles, Ross, Scott, 

 Sewell, Shoup, Simon, Spooner, Thurston, Wet- 

 more, Wolcott 46. 



NAYS Bate, Berry, Butler, Chandler, Chilton, 

 Clark of Montana, Clay, Cockrell, Culberson, 

 Daniel, Harris, Heitfeld, Jones of Arkansas, Jones 

 of Nevada, Kenney, McEnery, McLaurin. Martin, 

 Money. Morgan, Pettus, Rawlins, Stewart, Sulli- 

 van, Taliaferro, Teller, Tillman, Turley, Vest 29. 



NOT VOTING Allen, Bacon, Baker, Gallinger, 

 Kyle, Mallory, Pettigrew, Proctor, Turner, War- 

 ren, Wellington 11. 



The Senate substitute for the House measure 

 Avas entitled " A bill to affirm the existing stand- 

 ard of value, to maintain the parity in value of all 

 forms of money, to refund the public debt, and 

 for other purposes," and it made various impor- 

 tant changes. The House nonconcured in the 

 Senate amendments, a Committee of Conference 

 was appointed and agreed upon a substitute, and 

 the report was adopted March 13. The measure 

 in its final recasting enacts as follows: 



" That the dollar consisting of 25.8 grains of 

 gold 0.9 fine, as established by section 3511 of 

 the Revised Statutes of the United States, shall 

 be the standard unit of value, and all forms of 

 money issued or coined by the United States shall 

 be maintained at a parity of value with this 

 standard, and it shall be the duty of the Secre- 

 tary of the Treasury to maintain such parity. 



" SEC. 2. That United States notes, and Treas- 

 ury notes issued under the act of July 14, 1890, 

 when presented to the Treasury for redemption, 

 shall be redeemed in gold coin of the standard 

 fixed in the first section of this act, and in order 

 to secure the prompt and certain redemption of 

 such notes as herein provided it shall be the duty 

 of the Secretary of the Treasury to set apart in 

 the Treasury a reserve fund of $150,000,000 in jiold 

 coin and bullion, which fund shall be used for 

 such redemption purposes only, and whenever 

 and as often as any of said notes shall be re- 

 deemed from said fund it shall be the duty of 

 the Secretary of the Treasury to use said notes -<> 

 redeemed to restore and maintain such reserve 

 fund in the manner following, to wit: First. }>y 

 exchanging the notes so redeemed for any gold 

 coin in the general fund of the Treasury: second. 

 by accepting deposits of gold coin at the Treasury 

 or at any subtreasury in exchange for the United 

 States notes so redeemed ; third, by procuring 

 gold coin by the use of said notes, in accordance 

 with the provisions of section 3700 of the Re- 

 vised Statutes of the United States. If the Secre- 

 tary of the Treasury is unable to restore and 

 maintain the gold coin in the reserve fund by tin- 

 foregoing methods, and the amount of such gold 

 coin and bullion in said fund shall at any time 

 fall below $100,000,000. then it shall be his duty 

 to restore the same to the maximum sum of $150.- 

 000.000 by borrowing money on the credit of the 

 United States, and for the debt thus incurred to 

 i-suc :ind sell coupon or registered bonds of the 

 United States, in such form as he may prescribe. 

 in denominations of $50 or any multiple thereof. 

 bearing interest at the rate of not exceeding 3 



