Waterbury evening Democrat. [volume] (Waterbury, Conn.) 1887-1895, 1893-10-28


meantime.
Mr.. PETER asked that he might occupy
the floor short time in explanation of the
amendment, and he was recognized. Mr..
PETER spoke for a moment. and then a
vote on his amendment was begun. Mr..
PETER said he had discovered in the public
prints that he had surrendered and had
recommended to his political associates to
surrender MIR. President he said, I'VE
have not surrendered, nor do we intend to.
We do not intend to interpose faCtious op-
position, but at every stage we shall inter
pose determined resistance and determined
opposition
PETERS Amendment Rejected.
The question was then put on the amend
ment, and it was rejected-yeas. Is; nays,
70. The detailed vote on the PETER amend
ment was As follows:
Geas-Allen, Bate Berry, Blackburn
Butler, Call, Coke, Daniel, Dubois, George
Harris, lrby, Jones of Arkansas. Jones of
Nevada, Kyle, Martin, Pasco. PETER, Pow
er, Pugh, Roach, Shoup, Stewart, Teller,
Vance Vest, Walthall and Wolcott-to-
tai, 2s.
Nays-Aldrich, Gallery. Camden, Carey,
Cullen, Davis Dixon, Dolph Faulkner,
Frye. Gallinger Gibson, German, GRAY,
Hale, Higgins. Hill, Hoar, Lindsay, Lodge,
Mcmillan, Mcpherson. Henderson. Mitch
ell of Wisconsin, Morrill,. Murphy. Palmer,
Perkins. Proctor, Quay, Ransom, Sher-
man, Smith, Stockbridge. Turpie, Villas,
Voorhees,. Washburn and White of Louis
iana-total, 30.
The following pairs were announced, the
first name being in the affirmative:
Cockrell and Allison, Cameron and Brice,
White (Cal) and Chandler, Colquitt and
Wilson, Pettigrew and Gordon, Hans
brough and Mills, Morgan and Hawley,
Hunton and Platt, Mitchell or and
Squire.
The amendment which was voted down
revived, with some slight exceptions, the
coinage act of 1897 and provided for the
free coinage of silver.
Mr.. Voorhees, then moved that the sub
stitute reported by the finance committee
for the house bill be adopted and asked
unanimous consent that after its adoption
it might be treated as an open amendment,
as the original bill would be. To the lat
ter request there was no objection. On his
motion the yeas and nays were taken and
by vote of yeas ~, nays Q, the substitute
reported by the finance committee was
agreed to.
Those who voted against the substitute
were Senators Allen, Bate, Call Coke.
Irby. Kyle. PETER Roach and Vance
Mr.. Perkins Amendment.
Mr.. Perkins of California then offered
the amendment of which he had given no
tice on Oct Il. 1t provides for the coinage
of American silver at the existing ratio,
with seigniorage charge of 20 per cent.
No gold pieces of less denomination than
$40 are to he coined, and no legal tender,
national currency or treasury notes of a
less denomination than - are to be issued
The holder of any standard silver dollars
may deposit the same with the treasurer or
assistant treasurer of the United States in
any sum and receive therefor notes of de
nominations less than SO only. which
notes shall have the same legal tender
quality the coin for which they are eX-
changed.
There is to be appointed commission of
five monetary experts, the members where
of shall not he otherwise connected with
the government, whose duty it shall be 10
keep congress and the executive board ad-
vised on all necessary matters relating to
the currency.
Mr. Perkins explained his amendment,
and said, now that the slackwater of debate
had come, amendments could be discussed
and considered dispassionately.
Mr.. Stewart called attention to the
change of votes on the part of Messrs. Noor-
hees, Gordon, Ransom, Hill, Mills. Turpie
and Squire on the silver question, who last
spring voted for free coinage ana now on
Mr.. PETERS amendment voted against it,
Mr.. Allen of Nebraska expressed regret
at what might be called a backdown to
some extent upon the part of the advocates
of silver.
Mr.. Teller, while not favoring heretofore
proposition to coin only silver of Ameri-
can product. as that savOred of class legisla-
ton, said he would vote for the Perkins
amendment. it was better than the pro
posed act. Mr. Teller went on to speak
with great bitterness of the desertion of the
cause of silver by Republican senator's He
. HaV
been settled by a concession to the advO-
Gates of silver.
Nobody who hears Ine tonight, - he said
would disagree with me in the statement
that if the men sitting in front of me (Ke-
publican repealersl had been as ready to
concede lis something as were the men who
believed in repeal on the other side of the
chamber, there would have been compro
mise, not disgraceful or disastrous, but
beneficial to us and beneficial to all alike.
If the railroads cannot pay the interest on
their bonds that is not our fault. But
our personal obligations we will pay to the
last cent. To me this is the most terrible
moment of my Legislative life said Mr..
Teller, with much feeling
Tears In TeIIer's Eyes.
ITO me it brings more fear than any 9TH
er since | entered public life. l fear that
we are entering upon a financial system
from which there is absolutely no escape.
klow there will be no favorable legisla-
tion for silver until the American people
are heard from at the ballot box and heard
from in way that will compel attention
to their desires.
Mr. President, am not a pessimist; l
never have been. l am optimist. l have
never seen disaster and distress growing
out of policies simply because they did not
meet my approval. have had faith in the
American people" Here Mr.. Teller's voice
| ehoked, and tears came to his eyes He
! spoke most impressively and was accorded
the undivided attention of every senator
l and the LARGE andianr.. IL, the rnil...is..