The daily morning Astorian. [volume] (Astoria, Oregon) 1883-1899, 1893-08-30
DO|NGS IN THE SENATE
VOORHEES, Is Still Leading the BimGtal-
lie Forces TO Victory.
TELLER MAKES HIS SPEECH
lie Rails at the Calamity Howlers and
Biames the New York Banks and News
papers for the Present Trouble.
Associated Press.

Associated Press.
Washington, Aug. 29.-In the senate
Voorhees,, chairman of the finance
committee, reported back to the house
the bill repeating part of the Sherman
act with an amendment in the nature
of a substitute. He asked that the bill
be placed on the calendar and gave
notice that he should ask the senate
to take it up and consider it immedi-
ately after the morning business from
this time on until final action shall be
taken. The substitute he said was ex-
actly like the bill heretofore reported
from the finance committee. On an
objection from Teller 1t went over till
tomorrow Harris, q member of the
finance committee said that the sub
stitute just reported was the majori-
ty report in which the minority of the
committee did not concur. The resolu-
ton offered yesterday by Stewart was
then laid before the senate. 1t directs
the secretary of the treasury to inform
the senate whether there was any dam
ger of a. deficiency in the revenues Of
the government during the current
year, and if so, what was the probable
amount of such deficiency and whether
any legislation was necessary to sup
ply such deficiency. The resolution
gave rise to long discussion. Senators
Sherman, Voorhees,, Mills, Mcpherson,
and Harris opposed the resolution as
calling for problematical statements
calculated to create needless alarm, or
rejecting on the secretary of the treas
ury.' A motion to refer the resolution
to the finance committee was made by
Voorhees,. That motion was opposed by
Hill and by Stewart and referred to
the committee by vote of 40 to 10.
The senators voting nay were Messrs.
Allen, Call, Dubois, Hansbrough, Hill,
Irby, Jones of Nevada, Lindsay Pfeff-
er, Power, Shoup, Stewart, Teller,
White of California, and Wolcott.
Dolph introduced bill which the
committee on foreign relations had
drawn up, appropriating $500,00O to en-
able the secretary of the treasury to
enforce the Chinese exclusion act, and
said he would seek an opportunity to
address the senate on the subject. Tel
Ter addressed the senate in an argu-
ment to prove that the Sherman law
was not responsible for the financial
troubles of the country. Almost with
out an exception, he said, eXery one
who addressed the senate had spoken
as if there was some great calamity
over the people of the I'm
tied States. He wanted to enter his
protest against these Calamity Howl
ers." There was a disturbed financial
condition of an unusual character, and
1t seemed to him the first thing to do
would be to inquire what brought 1t
about; and yet during a three weeks
session he had not heard anybody sug-
gest an intelligent reason for the pres
ent financial condition. Nobody had an
alyzed the question as to whether the
cause was or was not the Sherman act.
He challenged any senator to tell, the
American people that he believed the
people had brought about the panic
because they were afraid of their mon
ey which they had taken from the
banks OF the United States since last
spring. In this way s15O,000,0OO had
been withdrawn by men who were dis
satisfied with the present condition
of things. They had taken out their
and had put 1t away but they
had not demanded gold. They took
whatever currency they could get. He
had been in the city of Denver when
four National banks there, all solvent,
closed. He had gone on the street
where the crowd gathered and asked
the people what the trouble was, and
he was told, I'VE don't know what
the trouble is. We have been told there
is to be a great financial disturbance
in the country. We do not know wheth-
err the banks will be able to pay us
our money when we want it, and we
think it is safist to get 1t now" Those
of coming evil, Teller
said, had emanated from New York
banks and newspapers. The cry of the
papers was followed by
all the small papers Of the country,
none of them able to tell what was
going to happen. Those misrepresenta-
tions and false statements had brought
about the state Of things which could
be brought about in any country and
at any time by such means and agen-
cies.
WAsHINGTON's FAIR COMMISSION