The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1893-10-24
CAN FORCE FREE COINAGE.
The Other Nations, Teller Thinks "oui'
Follow Good Example


washington. Oct. 2S.-The Senate
met at 10 o'clock. No Adjournment
having taken place since a week ago
today the legislative day of Oct IL
continues.
stewart. of Nevada, gave notice OF
an amendment he intended to ofter 70
the repeal bill, proposing a conference
n be held at Washington within nine
,oonths between the delegates OF the
United States. Mexico, Central anu
South America, Hayti and san DO
ningo. for the adoption Of a common
silver coin TO be legal tender between
The countries represented. The con
sideration of the silver repeal bill was
then resumed. Jones, of Nevada, re-
srrnea his argument in opposition to
+ba hill Jones made an elaboration
of the arguments he was advancing
. xrhen the Senate took a recess on SAT.
.1raav evening, that the standard Oh
the country could be neither So!u nor
silver nor any material thlng, ouI
that whatever the standard llASho o
II was ouantitative and the Nalue OF
aacb ,7nit depended upon the NUMBER
Of units. and that there could be OUT
n single standard in country, ana
that one of quantity. Last summer
the British government, desiring 10
show its sympathy with the OBJECT OF
the administration in this country. IS
sued an order with view OF IaclilldI I
ING the descent of silver. The order
1,-as taken bv New York to be the an
,aouneenaent of the doom OF silver.
During this time where was the
United States-the government OF all
the nations most interested Inc
nosition of the chief magistrate OF
this country on the question was Wen
illustrated by a line from Emerson
II an the doubter and doubt but IN
. word of the SUPPLEMENTAL line, the
"Genius of the Republic admonished
the president as well as Great Britain
thai the people of the United States
did not propose to be left out OF con-
sideration as to what should be the
material of their money The Unltec
States is not vet dependent OF Great
Britain and the president is not gov
ernor-general For the first time II
orr national history we find ourselves
putting into execution through officers
elected by the people of the United
States. plans which if not formulated
are heartily approved at the Horse
Guards and on Downing street
At LOS o. m. Jones remarked that he
desired to WELD the floor to Teller OF
sumo his speech at another time.
Teller answered the questions as t
whether he thought the government o.
the United States could, with the coin
age Of silver, maintain a parity be
tween gold and silver. by saying i
could. because he did not believe more
silver would come to the country thar
the business would absorb In othel
words. the demand would be equal (
the supply. Free coinage of silver b.
the United States alone might not d.
it, said Teller in answer to a query
by. Palmer. 1.-The position 1 take is ou
example would be followed by othe
countries. and then the monetary sys
TEN Of the world would return to thu
system that prevailed prior to the de
nlonetization of silver by Germany, TIL
United States the Latin Union. ETC.
Stewart, of Nevada, then addresses
the Senate in advocacy OF the proposes
amendment for pan-American con
ference.
without concluding, Stewart yielded
and the Senate took a recess until to
morrow