The morning call., 1893-08-30
Teller Scores Carlisle and
Cleveland.
STILL TALKING FOR SILVER.
Friends of Repeal Very Confident That
They Are to Win a Speedy
Victory.

a safe majority within three weeks or
month. Forty-four Senators. majority
of three, are regarded "a bedrock repeal
ers sure to vote on that side under all cir
cumstances. and four or five others are on
the list Of probable repealers who are
likely TO swell the majority when they
realize the drift of popular ntiment and
hear from their constituents. The votes
of Senators VOORHEES, and German are re-
garded as signiticantnf the way things are
drifting. They voted against the seating
of Mantle, the Montana claimant, and
practically thereby excluded two other sill
yer claimants from Wyoming and Wash
ington. The silver Senators realize that
the drift of sentiment in the press and
here in Washington is against them, but
they believe that it is manufactured SEN
timent, and that it ought not to influence
Senators whose constituents are really 10
favor Of free silver coinage. Senator
Jones of Nevada said this morning that
the silver men proposed to have the re-
pealing bill thoroughly discussed in all its
aspects before they would permit q vote.
In the Senate to-day Voorhees,. chair
man Of the Finance Committee, reported
back the House bill repeating part of the
Sherman act, with an amendment in the
nature Of substitute. He asked that the
bill DE placed on the calendar. and gave
notice that he should ask the Senate 10
| take it up and consider it Immediately
after morning business from this time on
until final action should be taken. The
substitute, he said. was exactly the bill
heretofore reported from the Finance Com
mittee. An objection from Teller went
over till tomorrow, and Harris men,
Der OF the Finance Committee, said the
substitute Just reported was a majority re-
port, in which the minority of the COM
mittee did not concur
The resolution offered yesterday by
Stewart was then laid before the Senate.
! 1t directs the Secretary of the Treasury to
inform the Senate whether there is dan
! ger of deficiency in the revenues of the
/ Government during the current year; and,
If so. what is the probable amount of such
deficiency, and whether legIsla ion is neces-
sary to supply the funds lacking? The
resolution gave rise to long discussion.
! Senators Sherman, Voorhees,. Mills, Nc
/ Pherson and Harris opposed it as calling
| for a problematical statement and calcula-
ted to create needless alarm. OF as reflect
! ing on the Secretary of the Treasury.
| Finance Committee was made by Voorhees,,
and that motion was opposed by Hill aud
by Stewart. Hill declared he could see no
! danger IN the country from adopting the
resolution, and Stewart. who also de-
| Tended it, declared there was a rumor that
a deficiency existed in the revenue; that
the treasury had difficulty in paying cur
rent expenses and that the gold reserve
was being paid out therefor.
After some further debate the res solu-
tion was finally referred to the committee
by a vote of 40 TO is. The Senators voting
no were: Allen, Call. Dubois. Hans
brough. Hill. Irby. Jones of Nevada.
Lindsay. PETER. Power. Shoup, Stewart,
Teller, White of California and Woeott.
Dolph introduced a bill. which was re-
ferred to the Committee on Foreign Rela-
tiOns, aDpr opriating $500. 600 TO enable the
Secretary of the Treasury to enforce the
Chimes exclusion act, and said he would
seek an opportunity of addressing the
Senate on the subject.
Gordon addressed the Senate in favor of
the unconditional repeal of the purchasing
clause OF the Sherman act and against the
voorhees, substitute. In the concluding
portion of his speech he advocated the
repeal of the 10 per cent tax on State
banks
Teller then made an argument to prove
that the Sherman law was not esponsible
for the financial trouble of the country.
Almost without exception. he said. every
one addressed the Senate had spoken as if
there was somc great calamity impendn 9
over the people of the United States. He
wanted to enter his protest against these
calamity-howlers. There was a disturbed
financial condition of an unusual charac-
ter, and 1t seemed to him that the first
thing to do would be to inquire what had
brought 1t about. and yet during the three
weeks of the session he had not heard any
body suggest an intelligent reason for the
present financial condition. Nobody had
analyzed the question as to whether the
cause was or was not the Sherman act.
de challenged any Senator to ;ell him
and TO tell the American people that
he believed the people had brought about
n panic because they were afraid of their
money. There had been taken from the
banks of the United States since early last
spring at least SI5ooO0,OOO by men who
were dissatisfied with the present condi-
ton of things. They had taken out their
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, had closed. He
had gone on the street where crowd wa,
gathered. he had asked the people what
the trouble was. and he had been told
I'VE do not know what the trouble is. We
have beer told there is to be a great finan-
cial disturbance in this country. We do
not know whether the banks will be able
to pay us our money when we want it, and
we think it is safest to get it now"
These representations of coming evil,
Teller said, had emanated from the New
York banks ana newspapers. The crv oil
the metropolitan papers mad been followed
by all of the small papers of the country
but none of them were able 10 tell wha1
was going to happen. These misrepresen,
tations and false statements had brought
about a state of things which could be
brought about In any country and at any
time by such means and agencies.
Teller went on at great length to discus:
tho onprco foE In tho Nar VnrE hon b