The times. [volume] (Richmond, Va.) 1890-1903, 1893-09-12
NOW HILL BOLTS BACK.
OPPOSED n RESOLUTION OFFERED
BY FREE sILVERITE.
Senator Pugh Declares that tho Opponents
OF Repeal viii Fight ss Long as
Strength Lasts.


to-day from his imputed alliance with
the extreme wing OF the silver Senator's
Mr.. Stewart, OF Nevada. offered a reso-
luton for an inquiry into the fact OF
Senators being stockholders I'm National
banks Mr.. Hill opposed the resolution in
a strong speech as being unnecessary
and unprecedented. and a gross reflection
on the Senate. The resolution went over
until tomorrow. when IT will come up IN
the regular morning business.
The bill for the repeal OF the purchas-
ing clauses Of the Sherman law was ia
ken up. and Mr.. Pugh, a minority mem
Der OF the Finance Committee. made a
two and a half hour speech against f.,
declaring at the close that II was the de-
| termined and unalterable purpose Of
| the opponents Of repeal to oppose IL
until their physical strength was exhaust
| ed and their power of speech gone.
/ The remainder OF the session was oc-
| cupied In continuation of Mr.. Telier's
speech against the bill. He did not con-
clude, but said he would take up another
phase Of the question on some other day
not tomorrow. When the Senate proceed
| ings opened there were just ten Demo-
cratic Senator's present Including Mr..
voorhees,, in the chair while on the
Republican side Of the chamber there
were sixteen In their seats.
In presenting some petitions In favor
Of the free coinage Of silver, Mr.. PETER
said he noticed that there was a general
impression In the newspaper press OF the
country that when a Senator or Repre-
sentative introduced a bill by request he
was held personally responsible for its
contents. His attention had been called
10 that fact recently by criticism Of him
self. which he found IN the newspapers
because he introduced last week. at the
request OF the author a bill proposing the
establishment Of a university I'm the Dis
uict Of Columbia. He did not think such
criticisms fair
When Mr.. Stewart introduced his Yes-
olution for the appointment Of a commit
tee OF five senator's to inquire whether
any senator is or has been a stockhold n.
or directly or indirectly interested In any
al bank. he said he was led TO Of
fer IT, because the Wall-street and Lom-
bard-street organs had been claiming that
senator's from the silver States should
not vote on questions I'm which they were
personally interested. At the sane time
he disclaimed having any personal in
terest In silver mining; nor had he. he
said, Tor the last fifteen years His wife
had some years ago invested some money
In an abandoned silver mine In rlexico:
but that mine. after having had the wa-er
pumped out year ago was again closed
on account OF the low price OF silver,
ard will never be opened again II the Ie-
peal bin became a law.
MT Hiil opposed the resolution as some
thing unprecedented and unheard OF, and
which would not serve any good purpose.
He admitted that It had its excuse in
the suggestions made that senator's from
the silver states were actuated IN their
course by reason Of their own financial or
Industrial interest. What precedent he
asked, would be established by the adop-
tlon Of the resolution When the Senate /
came to consider the tarin question. was /
II 10 have an investigating committee 20 /
inquire what senator's were interested In /
or importing? When the /
Serete came % legislate on commercial /
matters was # 10 inquire what senator's I
were pecuniarily Interested in the great
question OF cOmme-ce2 Senator's had a
right TO be Interested Doth directly and
In matters Of finance; and their
votes could not be affected thereby. lie
could not resist the conclusion that the
offering Of the resolution was. 10 some
extent. reflection on the Senate He
lad sustained, the other day, the senator |
from Nevada IN Offering a resolution
'alling FOR information as 20 the finances
n the country. He had thought that that
'esolution ought not 10 be referred to
he Finance Committee. But this resolu-
ion was entirely different It should be
'ither voted down or referred TO the
finance Committee.
When the silver bin came up al l p. m.
he floor belonged to Mr. Teller. but
le offered to yield It to Mr.. Pugh. The
after embraced the opportunity and adj
ressed the Senate IN opposition 10 the
III. He had read and re-read, he said. |
he message Of the President c0nvening I
congress, and found II 10 be an explicit I
eclaratiOn I'm favor Of the maintenance /
{ the gold standard I'm the currency Of the
inited States until changed TO blmet-
llism by international agreement: and
hat would AFFORD the only remedy that
ould mitigate the present danger.
the future" IL was the first
me that Congress had been convened In
session for the sole pur-
ose OF repeating any law. And that law
as one which no senator stated or be- ]
eyed 10 be the cause Of the existing
nancial arrangement.
What necessity was there. he asked
,r the extraordinary session or for the q
-esslire and clamor for immediate action. y
Rich would be a mOckery and an insult
the common sense and ordinary intel
5ence Of the people?
There was not a word or sentence IN y
.e message expressing any favor or =
iendship FOR bimetallism or that counte-
inced the addition OF one more silver
'llar 10 the currency. The message J.
early meant that the government had
It's duty IN furnishing a suf7- y
ent amount Of currency. but had
lied in the quality and soundness OF the
rculation. The President declared that !.
e country was in an unfortunate
ight." that values supposed 10 be fixed !,
ere fast becoming conjecturate and that y
ilure had invaded every branch OF bust y
IS. =
What" asked Mr. Pugh. did the .
'esident think was the cause Of these -
precedented and dg astrrus conditions? -
ie President thought that those things '
ne principally chargeable TO Congress ~
NAL legislation touching the purchase ~
q coinage mot the purchase aione) Of si
yer by the general government; and y"
cfdes the Sherman law end he disap-
hitting r. suit which had followed N.
,fr Pugh held 70 be an unmistakeahle
arga by the President that the failure CO
the sherman law 20 increase the OF
tee ~ silver was the origin ~ 30 e,-'l &c
- message presented. he said. the In
nare issue whether the United States N
ould come 70 the gold standard or Il
ould cling 20 the use OF the c0nstitu- 81
nal union OF gold and silver as a X
.ndard OF values. II the Sherman law th
re repealed I'm order to restore conf
nee among money lenders. the lion of
content among the toiling millions
ud be walked UP. whose roar would =,
IKE the continent Referring 20 the a.
tional banks Mr.. Pugh accused them 80,