Evening journal., 1890-07-09
A BITTER silver Talk
Senators Who arc Ag2;a-t the
Confercnce Bill.
yIALs OF xR. TELLER.s wRArn.

They We're Poured Out Upon speaker
Reed and the Administration With a
Free Hand-Memorial Services In Hon.
or Of the Late Sunset Cox.
WAsHINGroS, July 9.-when the confer
ence report on the silver bill was taken up
in the senate a very lively debate ensued.
Mr. Vest said he would vote against the
report. He was anxious to see an absolute
parity between the two metals as money
metals. He would like TO see the time
when sixteen ounces of silver would pur-
chase an ounce Of gold, aud when an ounce
Of gold would continue (as at presenu to
purchase sixteen ounces OF silver Mr..
Coke spoke in a similar vein he said the
senate conferrees had not represented the
will of the senate, which had been declared
fcr the free and unlimited coinage Of sill
yer. On the contrary, they had assented to
a bill which provided definitely for the
cessation Of the further coinage of silver
at all.
Opposed TO the Warehouse Bus iness.
There was no compulsion on the secre-
tary Of the treasury to coin silver after July
4, 1891. Silver coinage was then left to the
discretion Of the secretary, and such discre-
tiOn was equal 10 stopping the coinage OF
silver. He was opposed to the brying Of a
single ounce Of silver that was not to be
coined. He was opposed to the United
States going into the warehouse business
for silver OF any other product Ii silver
was not to be coined why should it be pur-
chased.
Mr.. sherman for the Defense.
Mr.. Sherman defended and explained tho
conference report. In the first section of
the conference bill the amount of silver to
be purchased had been increased. Much
10 his regret il had been fixed at larger
amount than the entire American product
ofsilver
Il had been made mandatory mot per-
missiyel on the secretary Of the treasury to
buy 4,5OO,o00 ounces Of silver each month,
which, at the rate Of 81. % an ounce (or six
teen TO one), would amount TO the yearly
issue Of about $4,000, 900 in treasury notes.
The legal tender clause in the house bill
and the senate bill had been somewhat diff
ferent and somewhat alike also and the
question had come up in conference
whether it would be right to deprive citi
Eens of the United States of the right To
contract for payment Of contracts in GOLD
or anything else. II had therefore been
agreed that the treasury notes 10 be issued
for silver, like the silver dollar on which it
was based should be legal tender for ALI
debts, public and private, unless where
otherwise stipulated in the contract. Thai
same clause was to be found in the Bland
bill.
He said he was sure the secretary Of tho
treasury would obey the law and he was
equally sure that the secretary and the
president had not haunted the Capitol con-
cerning the bill.
"a Packed jury" says voorhees,.
Mr. Voorhees, said that in the practice ok
his profession he always dreaded packed
jury. The trouble about the conference
bill was not whether the secretary of the
treasury would obey the law, but that
every single section Of the bill gave a dis
cretion to the secretary Of the treasury,
who was packed against silver. A ma
jority of seventeen in the senate had voted
for the free coinage Of silver and that
majority had been treated as chan by the
conference committee.
MIR. TciIer's wrathfui Words.
Mr.. Teller said that much as he disliked
the adoption Of a half way measures
measure that thwarted the will of the peO-
pie for free aud unlimited coinage of silver
he was simply compelled 90 support the
conference bill as the only bill which could
bring relief TO the people Of the United
States for the next few months. Congress
would assemble in December next, and IL
the bill did not work well il could be re-
formed next session. The course Of the
house had not been a credit TO the Ameri-
can nnme. The senate had been calumni-
ated and slandered, not only in the public
press but In the house of representatives,
and the bill had been described as having
been got up in the interest of cheap money.
There had been no lobby in either house
in the interest Of silver, as had been
charged, but there had never been such
pressure brought upon congress as had
been brought upon it at this session of con-
gress TO defeat the free coinage OF silver.
a Thrust at Speaker Reed.
He believed that il was impossible to
secure the free coinage Of silver at the
present session-not that he did not be-
lieve that there was a majority in its favor
in the house Of representatives, but be-
cause, under a system which he could not
speak OF patiently, the voice of that ma
Jority was stiiled and could not be heard.
And ii never would be heard until the.
people of the United States should send to
able 70 Withstand the ridicule of the great
metropolitan press; men who were able to
withstand the influence which the money
power Of the country knew SO well how to
bring TO bear; men who were able to with
stand the influences of the administration
and were willing to forego the favors Of
the executive, for the purpose of doing
that which they considered to be right.
He did not know why the provision had
been put into the bill that the minimum
silver coinage of two millions a month
should be discontinued after the lst of
July, 1891, if the secretary of the treasury
thought proper, but supposed that it was
another compromise. He had calculated
that about S70,OOOOOO of treasury notes q
year would be issued under the conference
bill The bill went over.
In Honor Of Representative Cox.
The senate then held memorial exercises
in respect to the memory Of the late Rep
resentative Cox, of New York Mr.. His
cock offered the resolution of sorrow and
sympathy and delivered a brief eulogy-
Mr.. Voorhees, spoke Of Mr.. Cox as one
whose life was free from stain, speck or
blemish; as brave man, mentally, morally
and physically; a man who laughed dam
ger in the face and the law Of whose being
was liberality.
Mr. Sherman paid his tribute TO the prf-
vate and public life Of Mr.. Cox, and was 8
times 50 affected as to be forced to PAUSE
until he mastered his emotion. After ad-
dresses by Messrs Vest and Dixon Mr..
Evarts eulogized Mr.. Cox. IL was nos
doubted, he said, that Mr.. Cox had served
the state from bOyhOod up; that he haQ
% hnraI fop. iar anil fnva1 IaIis THAT for So