Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1890-07-10
IN THE SENATE.
Consideration OF the Conference Re.
port on the Silver Bill
Resumed.
woHoY DEBATE OCCUPIES
MUCH TIME,
The Conference Report on the
Diplomatic aud Consular An.
preparation Bill.
THE NATIONAL EDUCATIONAL
ASSOCIATION MEETS.
President Harrison Yetoes a BILL
The Wyoming Admission Bill
is Referred.
TaE NATIONAL EDUCATIONAL
ASSOCIATION MEETS.
Telegraph TO the SEws.I
SILVER BILL.
Conference Report ON the Measure
Considered by the senate.

/ WASHINGTON, July g. C0nsid.
Grafton Of the conference report on
the silver bill was resumed. aud
COcl.rell continued his argument
against the report. Cockrell crit.
cised the last clause Of the second
section Of the conference bill and
said the language therein indicated
q preference for the single gold
standard. The Secretary OF the
Treasury would so interpret Il until
party between the metals was es-
tablishe,i. anu gold would be given
preference, and legal tender notes
be redeemed in gold.
| Teller cOntraverted this assertion.
Jones Ark. read an extract from
an article in yesterdays New York
EreHtGg Post, = paper opposed, he
said, TO silver legislation in all its
forms, to the effect that the confer
ence report contained features not
embraced in either the House bill
or Senate hill and tending To make
it a better measure than either; il
also said the purpose Of silver was
foiled.
COckreIl-Precisely what / have
said. That article is from very able
representative Of the good interest
and II is q warning to the senator
from Nevada JOnesl that he has
abandoned the cause of equalization
of silver with gold. Under tins CON
ference report the Secretary Of the
| Treasury can drive the country to
! part with every dollar Of gold and
can lock UP in the vaults Of the
| Treasury every silver dollar. That
is the most dangerous power given n
Secretary of the Treasury since the
FOUNDATION or THE GOVERNMENT.
PIatt-DOes the senator mean to
say that he would not give the Sec
rotary Of the Treasury discretion As
to which coin he would pay in?
COckrell-I certainly would give
him that discretion. | would say,
''redeemable in coin.'
Platt-That is all that there is TO
say.
Cockrell-That IL true, but there
is with it 4 declaration which is a
fatal thing, and that Is the gold
standard still exists aud must be
maintained.
Taking up the third section Of the
conference bill, COckrell entered n
most earnest and solemn protest
against it, rs meaning a practical
cessation Of silver coinage after July,
1891.
Jones (Nev. THAT'S all we want.
COckrell-In other words, the
senator from Nevada is willing to
abandon the double standard, TO
make silver mere commodity, To
stop its coinage and to tell the people
Of the county that he has done
something for them in the restOra-
ton of tine double standard. The
conference bill Is a total abandon
ment Of all pretensions TO a double
standard.
Mitchell, in the course Of some
questions involving Cockrell's con-
sistency, remarked that while he
was in favor OF the free and unilm-
tied cOinsse Of silver, he would
support the conference bill because
il was all that the friends Of silver
could get.
Cockrell-I believe that if the
Senate win reject this report the
House viii in the end agree 10 the
Senate bill. We have made no de-
termined effort to support the SEN
ate bill. We show no back bone.
We show no disposition 10 stand by
what we have solemnly done, and
we give truthfulness TO the assertion
OF the mOnOmetallists Of the East
that the bill WAS only a project TO
furnish a market for silver bullion.
DANIEL ADDRESSED THE SENATE
in opposition to the bill. The silver
question, he said, was a great deal
bigger than the President of the
United States, whether the Presi-
dents name were Benjamin Harri-
son or Grover Cleveland. Daniel
argued that under the conference
bill $40, 900, OUO worth Of silver bull
lion could be piled up in the treas
ury every year for all the years that
the silver stream would be flowing.
and not dollar of it could be coined
TO pay the bonded obligations OF the
United States, which were payable
In coin, and such an enormous dis
elimination against silver % that
never existed in legislation, except
when silver was completely demOne-
TIED. He admitted that it wOuli
be better that the conference bill
should becDme law than that no
bill on the subject should become a
law, but it was a mere ml6eshift.
Sooner or later, Daniel said, Con-
gress and the Executive had got TO
come into collision on the silver
question. Why not let the collision
come now? If the friends Of silver
stood up 10 the fight they could win
it, and if they ran away they would
lose it. Ii they believed in the free
coinage Of silver as he did they
should stand by the Senate bill and
let the President Of the United
States take care Of himself.
Morgan took the floor, but saw he
could not finish his remarks today.
An informal understanding was had
that vote would be taken tomorrow
and the Senate adjourned.