The Weiser signal. [volume] (Weiser, Idaho) 1890-1904, 1895-02-21

| kinds of money as the latter declaration
was already to be found embodied in
our statutes. The point was in neither
of these directions, but in sustenance
of the credit of the country. He be-
| lieved the holder of a government bond
should be able to ask for payment in
the best money and in gold if that We're
the best. He agreed with Senator VOL
colt that the president had assailed the
credit of the country. but asserted that
he had made the attack by his assault
upon our coin bonds. For that reason
because of this attack. he thought con-
gress should declare itself without
equivocation or reservation. Revertng
to the contract, he said the profits al
lowed European bankers We're "enorm-
Gus, gigantic" and characterized the
contract as the blacklist ever made by
the administration in dealing with
American securities "But this fact"
Senator Lodge added. "only renders it
more important that the country should
make good its promises. 1t was not a
question of bimetallism or monometal-
lism but of the good name of the coun-
try. That credit has been impeached
and attacked by those who should have
defended 1t and it therefore behooves
congress to come to the rescue" He
hoped a vote would be reached, not only
on this resolution, but on the entire
financial question, believing the coun-
try had a right to know whether the
senate was a free coinage body or
body opposed to that policy.
Senator Stewart opposed the Hill res
olution as surrender of silver and as
binding gold letters on the people.
DEFENDS HIS CHIEF
Senator Hill was again on his feet as
soon Senator Stewart closed.
AT last the debate has cleared the at
mosphere,' said he. THE true purpose
of these professed friends of silver has
been laid bare. 1t was that they intended
| TO pay our government obligations in
silver coin. no matter how degraded, how
deprecated that metal might be. 1t was
for the purpose of securing this disclosure
| that the resolution was presented. 1t was
| brought forward to have the senators
disclose their policy and to present "A diff
erent policy. To the fling of the senator
! from Colorado that l am a bimetallist on
a gold basis, | answer he Is a monometal-
| list on a silver basis. II is mere play of
words. Such men are not for bimetallism
at all; they are for liver, and silver only"
| Senator Hill turned to the attacks being
made on the president. 1t was not for
him QIilD to express approval of the con-
| tract with foreign bankers, but the presi-
! dent had not been free to act as he de-
| sired. He had been bound hand and foot
by the present This democratic congress
| refused to help him."
Senator Gray-Do you mean TO say this
senate is at present democratic?
mo" said Senator Hill, I'VE have no
longer majority, but while we had it we
put off action and procrastnated until
the power passed out of our hands The
| for 10 ota,,,
this administration because it has CON
tracted with the Rothschilds, but in tits
emergency where will you look for vast
sums of money? VIII you get it from the
miners of Colorado
Senator Wolcott quickly responded
mo, not from the miners of Colorado as
they have been ruined by legislation. But
there were plenty of Americans ready to
take bonds had they the chance"
Senaor Hill declared the only way to
secure such vast sum as So, 900, 600 was
in going to the money kings of the world.
The republican administrations had APP
pealed to the Rothschilds, so it was use
less to raise party cry against the ad-
ministration's course in going to foreign
bankers.
At this point Senator Hill took a slip
of paper from his table. II have here an
announcement that l hail with JOY" he
said. 1T is an Associated Press cable
from Berlin nnouncing that the reichstag
has directed a renewal of the efforts to
secure an international monetary confer
ence." Senator Hill read the Associated
Press cable in detail. and added: 81 re-
joice at this news" he proceeded, "as
much as the senator from Colorado, per-
haps more so. / sincerely believe an inter-
national agreement is possible for bimet-
alism. This resolution announcing the
policy of this country for bimetallism
should be the answer of the United States
to the action of Germany
Senator Hill hoped a response might &c
to Berlin today, and that the world NIGH
know that the credit of the United States
was to be at all times maintained.