The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1893-10-03
IN SENATE and HOUSE
The Day Full Of LlIsIy Tilts at Bo!h
Ends Of tho Capitol.
TELLER'S CRACK AT DOLPH
Washburn Declares That the
Senators From Wyoming and
Washington Are Uncon-
ditionai Repsaiers.

oiWAsHINGroN, Oct. 2.-Ths senate was
called TO order this morning at the usual
hour, but had TO wait for quorum. II
then proceeded with the routine morning
business. Sherman called attention to q
misstatement in tho recent speech of the
senator from California, quoting from tho
Bankers Magazine of August, 1873, as to
the coinage act of 1873. There was no
such statement In the Banksrs' Magazine.
He said the whole statement was manu-
featured lie from beginning to end. II
was worse than forgery, an absolute fabri-
cation branded with the hrAnd of infamy.
He did not blame tho senator from Cali.
fornia, because the alleeod article from
by others.
White. democrat. of California, said he
had taken tho extract from q work written
by very prominent republican, and had
not himself examined the Bankers Mdga-
sine. II the extract was not correct he
would omit it from the later edition Of hrs
speech.
The silver purchase repeal hill was then
taken up. Dubois, rising TO q personal
statement, called attention to the remark
of German of Maryland that the resolu-
tion introduced by Dubois TO defer the
consideration of financial legislation un-
Ill the senatorial vacancies from the states
of Washington, Montana and Wyoming
were filed, was offered for the purpose of
consuming time. Dubois denied that this
was his motive. lie had introduced the
resolution In the interest Of the three
states referred to. He justified the intro
duction OF the resolution by precedent
which occurred some years ago.
Washburn, republican,, OF Minnesota,
supposed the object of the resolution was
to show that the opponents of repeal were
being taken at an unfair advantage. He
would therefore state the fact and allow
the senate to reacn it's own conclusion.
OF the three states In question two are
silver producing states, and those two
states were represented in the senate by
two senators who favored the repeal of the
Sherman law. In response to . question
of wolcott, republican, OF Colorado,
Washburn said he referred to the states
of Washington ard Wyoming.
~ would like the senator from Mime
sota," said Dubois, ito state BY whose au-
thority he makes that assertion"
"By the authority of tho senators them
selves" replied Washburn.
II imagine those senators will resent
that imputation," said Dubois. II state
that the senators from Washington
Squire and Wyoming Carey arc not for
the unconditional repeal of the Sherman
law. Tho senator from Washington has
offered an amendment in the interest of
silver"
"The senator from Washington (Squire)
told me-" Washburn declared, ''that he
would vote for the unconditional repeal
Of the purchasing clause Of the Sherman
act."
This closed the incident and Kyle, pop.
ulist, OF South Dakota, addressed the SEN
alta in opposition to the repeal bill.
Mcmillan of Michigan then addressed
the senate in favor of repeal, international
bimetallism being out Of the question for
the present. He said this country should
use all the silver possible without depart.
ing from the gold standard. Gold should
be held primarily for use in paying foreign
balances, and TO this end plan of an In.
ternational gold currency, based on the
actual deposits Of gold in the sub-treasury
at New York and national banks, with
other countries should be adopted, certifi.
Gates Of deposit to be transferable by tele.
graph, and balances to be paid through
an international clearing house. In dis.
cussing money as basis OF credits, he
showed that national banks were in the
habit Of reducing their reserve far below
the safety point, aud favored law abso.
lutely prohibiting national bank from
paying or receiving interest on deposits.
He also favored The convertible bond plan
of exchanging bonds for currency in order
to obtain ready money in times of crisis
or panic.
The house bill to extend the time for
completing the work Of the eleventh cen.
sus was passed. The consideration of the
repeal bill was resumed, and Dolph OF
Oregon took the floor to give his views az
TO tho real cause of the business and
financial trouble, which. he said. was the
fear Of hostile tariff legislation. In the
course Of his remarks, Dolph said IL the
Minneapolis platform had been believed
10 mean free coinage, the republican party
would have been dead and buried and
damned beyond the hope OF resurrection.
''Any worse than IL is now?" asked Tel
ler, and Dolph ignored the question in the
general laughter which followed. After
an executive session, the senate ad