The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1894-11-03
FRYE Is CALLED DOWN.
Secretary Carlisle Gives Out Some
Very Important Facts and Nails
Mfsstatements.

Washington, Nov. 2.-Secretary Car
Isle today wrote the following i'm
portant letter bearing on the political
and financial situation.
Mr.. Phineas Pieces, Boston, Mass.
gear Sir:-Your telegram inquiring
whether or not certain statements made
by Senator Frye in recent speeches are
correct. was received this morning and
1 embrace the very earliest opportunity
TO reply.
made by that senator, in an interview
published about year ago, and very
recently in speeches delivered at VIII
mington, Del, and at AIelrose and
Maiden, Mass, they are substantially
as follows:
.First-That the amendment offered
by Senator Sherman to the sundry
civil appropriation bill in February,
1893. contained "a provision that all our
money must be kept at parity with
gold or as stated in the Wilmington
speech. for the redemption of all money
in gold
amendment when it was .-.snder con-
sideration in the senate committee on
finance but afterwards caused its de-
feat in the House of Representatives
by sending a telegram and writing a
letter in opposition TO ii.
.Third-That. a fortnight after that;
I gave an interview in which L said we
will be obliged to redeem our money IN
silver: and that this alleged declaratlo
brought on a panic and caused millions
and millions Of gold to be exported.
There is scarcely the Semblance OF
truth in any of these statements except
the one that I personally appeared be-
fore the Senate committee on hnance
when the Sherman amendment was
,la,. i'm and recommended
It's adoption and if Senator Frye had
added that l continued TO approve that,
ana still approve it, he would nave
told the whole truth upon that SUBJECT.
Further On tie secretary says:
IF the Sherman amendment mad
been Incorporated into the approprla-
ton bill, it would have been later
one than the act of July ., 1880, and a
serious question would have arisen
whether it did not so limit the use. OF
the proceeds of the bonds authorized
by it as TO prohibit the redemption in
gold of any obligations except that OF
old United States notes.
But however this might have been,
the amendment left the original bond
provision of the resumption act in full
force and m rely conferred addltAonal
authority to issue shorter bonds bear-
ing a lower rate of interest. L was
heartily in favor Of it and so informed
the committee on finance and all others
who consulted me upon the subject.
Referring to the threat TO defeat the
sundry civil appropriation in the House
e the Sherman amendment was insist
ed upon, the secretary says:
1T was evident to the friends of the
amendment in the House that the pas
sage of the bill could and would be de-
for ed, and an extra session Of Con-
grlAs rendered necessary unless they
abandoned the amendment. l was alb
sent from the city at the time, but a
number of kilograms were sent to me
by thes uporterS of the amendment
stating the situation and insisting that
under the circumstances il would not
only be useless to press it further, but
that such a course would probably pre-
vent the passage of other important
measures. Before responding to any
of these kilograms, l carefully exam
1ned the provisions of the resumption
act and other statutes relating to finan-
cial matters and came TO the conclusion
that complete authority already existed
TO Issue and sell bonds, and to use the
proceeds for redemption purposes, and
thereupon sent a telegram to a men,
Der of the committee on appropriations
stating in substance that did not con-
slider the amendment of sufficient i'm
portance to justify a contest which
might end in the defeat of that bill and
other necessary legislation. There was
nothing IN my telegram indicating dis
approval of the amendment and I never
wrote letter. as asserted by Mr.
Frye. to anybody on the subject.
I'm regard TO the third statement of
Senator Frye" added the secretary, 'I
desire to say most emphatically that /