The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1894-12-27

: law of trade, Thc nee ssities of the case
and the necessity of protecting the cur
rency, would determine. The Bank %
Fr; nc. furnished an apology. The Banl
f of France would pay in silver II silver
would do as well as gold. If the pur
poses for which the money was to be uset
,qlur,d gold. gold would be aid III n }
quantity. The laws of congress coulC
be defied, the laws of trade never.
While describing the manner in which
his bill would redeem and return the le
: gal tenders, Mr.. Tracy Dem, n. "
= interrupted him to ask him If his bll
e woLld retire the Sherman notes.
t "Yes sir" replied Mr.. Walker Read
| my bill and you will find all the details
5 worked out. | haven't been at work on
this bill for six years for nothing" Nor
| an l." he added. ''the most stupid man
. in the wOr d. q au,hter. | have bee"
laborng singlehanded," he continued,
lifting his hand aloft, until ID months
ago, when | delivered my Chicago speech;
, I ha' uScG tie CcIl-ry somewhat ana
il has been rOusing ever since. 1augh-
teri Mr. Walkers elabOrateness OF the
terms of his bill have attracted the clos
est attention and members crowded
around him asking an endless succession
of questions, all of which he deXtrously
met and parted. His bill, he declared,
would bring the country back to the old
Democratic currency doctrines of Jack
son and Benton. The banks, when it
was in operation, would hold S2JO,OOO,-
600 of gold and S2J0000,OOO of silver.
Speaking of the onerous work placed
upon the secretary of the tret surg by the
attempt to keep up the gold reserve in
times of financial depression, Mr.. Walker
created q laugh. Manning died in office, ="
said he. "Windom died in Office. l say
to you that any man who runs the treas
ury department under the existing cOndi-
tons for four years and does not die, has
not done his duty"
In conclusion, while depreciating the
effect of the Carlisle bill, Mr.. Walker
said he had no doubt that the secretary
had no other than patriotic motives in
serving his country. He spoke two hours
and was applauded by many Democrats as
well as Republicans.
Mr.. Hall dem. Mo-, a member Of the
committee on currency and banking, who
| followed, said it must be distinctly under
stood by the members that Mr.. Walkers
bill was not under discussion, and when
they came to vote they must either vote
| for the Carlisle bill or a continuation of
the present system.
Mr.. Hall insisted that every bank had
been forced to admit, when cornered, that
currency issued under the Carlisle bill
would be entirely safe. They had OPP
posed the bill on account of the fifth sec
ton, which made the banks solely respon-
sible for their issues. He also repudiated
the statements that this bill had been
prepared in haste. 1t had, he said, been
prepared after Is months of investigation
by the banking and currency committee
and the 20 months of suffering by the
treasury.
At the conclusion of Mr.. Halls speech |
the committee rose.
Mr.. Henderson of North Carolina re-
ported the postoffice appropriation bill |
and at 5:15 the house adjourned.
Mr.. Lodge introduced q resolution call |
ing on the president for correspondence
in the eXtradiction case of General Ezeta.
Mr.. Hill then took the floor and made
speech on the rules of the senate. He
said: "The sentiment of the country, |;
manifested through the press, pulpit, the !,
rOstrum and every other avenue through |:
which public opinion is communicated, |,
seems to desire the adoption of some new l.
method of procedure here, whereby nee
essary legislation may be better facilita-
ted. The demand for change reflects a
deep conviction that time is unnecessarily |,
wasted, that useful legislation is at times
INSTRUCTED and that the eau
cuses of majority do not find adequate
and prompt expression in the enactment of
laws. | assert that the privilege of I'M
limited debate in II legislative body is Il
with and destructive of the
right and power of legislation. Such a
condition of affairs naturally force COM
promise and concession of doubtful pro- .
priety as a condition of any legislation.
L is an open secret, or at least it is largely |,
supposed that during the recent tariff
debate, many concessions were made 4
and amendments accepted to the bill for :
the very purpose of avoiding intermin- |;
able debate. 1t is believed that the
present affords an opportunity for the ac-
of the supposed innova- G
ton especially when there is not pending :
in the senate any political event which
interest to the countries demanding pOr =
tractcd discussion. |,
The Nicaragua canal bill was next taken J
up. If
Before Mr. Turpie Dem. Ind.) resum-
ed his speech Mr.. Harris (Dem., Tenn.) II
gave notice that tomorrow he would call =
up his bill for military park at Shiloh:
Mr.. Turpic devoted some time to the :
concessions and of the forfeitIre; HOssi- Il
BILE in the event of the nOn-Comp. ction # T
the canal within 10 years. The prGvi-
SionS regarding these matters were on =
reedingly strict The CONFESSIONS given II
in 1857 would he absolutely forfeited in h
1897. There MuS ICthing 10 me- gage =
and noIliag - sci. The roncr,' "ns h
rave 10 title n: 40 irrOt"y rights to |
the comrl ". Tai 'ns up the quest II
of phy;,ul construction Of Ill" various
portions of the canal the senator went
on to point out the great difficulties that
would have to be overcome and to argue
that the estimated cost of minor canals |,
forming the whole system were too low,
and in one case. that of the canal be-
tween Managua and Nicaragua, the es-
innate was mere guess work. Turning
then to the matter of terminals proposed
for the canal the senator insisted that
the estimates affecting the work at these
places were much too small. The en-
gincers estimated that S2,5OO,OO0 would
be required to restore the harbor mt
Greytown on the Atlantic.
As to Pacific terminus, that place was
not even Il roadstead. it was simply Il
stretch of sand on the ocean. Regard
ing the statement that construction OF
the canal would give work to laborers,
he read from Il report to show that ia
maica negroes were the only ones who
could do the work under the climatic con
ditions existing there. The whole thing
to Turpie as having the appear
ancc of gorgeous bubble. There was
nothing in the bill to secure the compile
ton of the canal or any part of 1t. With
ont waiting the conclusion of the speech,
the senate ut 4:l5 p. m. went into exec
,,t;,., sncSiou and Mt 4 Is n, III. adjourn |