Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1892-01-07
stating that he would call it up to-mor

SNNNA@o NA4eAA hN hOQlu Gall IL uD LO-uOT
row.
The Senate bill introduced by Mr..
Stewart TO provide for the free coinage
OF gold and silver bullion was taken up
and Mr. Morrill, proceeded TO address
the Senate in opposition to IL. At the
close Of the speech, which occupied
about an hour and a half in delivery,
Senator Teller arose and addressed the
Senate at considerable length.
After quoting a sentence from the
Presidents message 20 the effect that
the bill had been expected to bring
the price OF silver up TO 1.29 per
ounce Mr.. Teller challenged the
executive for proof Of that statement,
and asserted that only only one Senator
(alluding to Mr.. Jones of Nevada had
intimated that the act of 1890 would
bring silver up TO par.
On the other hand more than twenty
Senators had asserted that it would not
bring silver 20 par. II disaster came,
as it would come # that policy was per
sisted IN, II would have 70 be laid at the
door Of the man who for fifteen years
steadily resisted the general public de-
mand for the use of silver on equal terms
with gold.
But there was, be said, another propo-
sitiOn coming from the executive. What
was it? Ii was that the United States
should accumulate all the gold of the
world and that then the money centres
Of Europe would say that the United
States, having got all the gold, they
would join the United States in the
work Of using silver money. Coming as
il did from the executive of the nation,
Mr.. Teller was bound to speak Of it with
respect, whatever he might think or
feel. Row was the United States to ac-
cumu ate the gold of the world? Even
when this country had an abundance of
crops aud was enjoying great prosper
ity, gold had lett the country at the
rate Of q million dollars day.
The United States was a debtor nation,
owing 10 Europe more than two thou
sand million dollars. How was the Unit
ed States to get Europe to unload her
Golfers and to send her gold here? he
wished some frieud OF the new method
would tell the Senate how 10 get the
gold from Europe. He would like TO
see il coming at the rate OF a million a
AGfs lNN ~ was OAAA GhbN.ANA
shift, another method by which the in
evitable should be delayed when by law
the two metals would be put together,
or else the use OF silver be absolutely
abandoned except for subsidiary coin.
He entered protest against the de-
ClaratiOn of the Executive and the Sen
ator from Vermont that tho silver men
were responsible for the legislation Of
1890. A certain public man, who had
not vet taken his seat in the Senate
tmeaning Mr.. Hill, of New York;, had
announced that the act Of July, 1890,
had 20 be repealed. There was no con-
siderable number OF public men in the
country who would dare to repeal it.
Every American statesman ought to
direct his attention, Mr.. Teller said, to
see how the two metals could be tied
together so inSolUbly that they would
never be parted. That could not be
done by having silver pnt down to fifty
cents an ounce, nor could ii be done by
accommodating gold from Europe. 1t
could only be done by taking heroic
step and passing a free coinage
bill, in the hope that it would bring
the world TO the American policy or else
would lead 70 an international agree
ment. But no effort, he declared, had
been made by any gold man in the Uni
ted States in favor Of an international
agreement.
No action was taken on the bill and
after a short executive session the Sen
ate, out Of respect TO the memory of the
late Representative Gamble, of South
Dakota, adjourned until tomorrow.