New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-02-17
BOND BARGAIN UNDER FIRE
Continued from First Page.

Of policy, that will pay In the pes, uo IN r.
hSpe na s or vs. S' 10 and consider
ss shall Pay this pecS 81 f0S
creditors will be substantially ndi1ethe. as thai
Wh s c9 Wise sh poe Ds fo Within
OF the Government the right to pay IN pom for
ne n is impossible in any emergency to DO
this II 1t Is impossible to maintain th,s Par reason
OF combinations of capital at home or abroad r H.
by reason Of any great an between the value
the coins. then say the eooa Iae'" bu, by
Governmen ,b rs wee Will pay in the best coin in
use j can answer to that IL seen seems ~ the
9 ai mat Of S SUkh' and I'd Of the friends silver and
ii certainly ought to receive the approval % Wv
What is the Contrary Of the proposition snrec Is
It proposed to pay our To os
silver currency the creditors OF the value
II, ss s snSu sv be 1T mSy be said is un
wise to contemplate possibility OF fa tha we We
MAINTAIN IN, % ssme the possibility of Inability
10 maintain the two coins at their panty; w priva re-
nsyes are ve now loaning money and making as
elimination as 10 the com IN wh hort time gold will
be at premium by reason OF eaH aus be so where
not now necessary 10 nssts upon it that shall
not pay In the best money in use ,in,iv 70 the
nrecse language OF the act. but that we sn nan
maintain the credit and honor OF this eSu' All sides
pay our ae0 10 that Il does not involve the question
whether the bonds are payable ~ , hv' oneninr OF
our minis to the unlimited coinage OF saei safe
avoids these questions MY Te at this time when
we are drifting apart We are iuT n months ago
1s ps SUGGESTION Of gold bond one side Is an
swered by the suggestion OF me for the retire
en o of the greenbacks is lost ssh Of The s dnty
which C. tire sre @s tnnk rSe4e
ss the ESs Of we the ea GOuR noT
ever. at least take this step. We can al eas ss"re
sure the people OF this country; o we MONEY in
other countries that although we are are Bills sD which
Ms can at ss to
our coin bonds. We VIII pay tn them III ~, nf mine
nc in the he San nothing by trying wreck
the Neither political party PARTY s eai conn s
neing us again in the summer months 10 o CU,ne
back here TO resume considera"o" u '
ton.
MR. HOAR'S SUGGESTION.
A. ,,,s min, Mr. Viii was seen 10 stoop and whis-
n.r with Mr. Hoar (Rep Mass). who had lei. ms
own seat and come to Mr.. Hills. and MI. No''o,'
EXPRESSED the hope that the Senate wouiu De a..
lowed to hear the colloquy between the 'e"A'O''
from Massachusetts and New-York.
Mr.. Hill (while Mr. Hoar rose ana retur ncea,ed
b,s oun seatI-'There is nothing 10 be conceaie ,
ehout r. The Senator from MASSACHUSETTS, S ha
cn,ntrv We're 10 be paid determined by JON.
resolution of Congress- The susses''o" was
Mr.. Hoar said that he had preferred not 10 inter
rupt the Senator from New-York publicly pS man
ing the suggestion which he had mace III Ni,1p
that in 1869 the policy watch he now proposeu
heen adopted by concurrent resolution OF the wv
houses He added that he had had pretty a anedE
reply TO the remark Of the senator from hene as
on his lips but he had .,endiv nature OF that
MA Wolcott assured Mr. Hoar that he had made
the remark he did only in W best spirit hs mae ise
wanted the Senate TO hear the, He
had wanted benefit Of the Senator'S With
which he knew W9u he De senator g from Sew-York
Witch he hoped would be good. O-augh'eri1, h &c
Mr. Hill hope that my Of sqsf iss Currency ad
Socated by some members Of the senate; ht
what Saa i've" duty of Congress proceed TO
take steps TO retire the greehodck cu nns Of the
r a1gps scutes that confront us? Need
remind you that it is because OF thd ;s ,aSen out
this The retirement the geenback
is the step that ought to take 1H. f 70 take
W nsn re e. II the other
house and possible fSa cannot be done
Ar least do these two things: we can ue' nnr COM
CGnsFess Silver alone but that stand where we
when we reg sa e s she By and
ths, we will take steady steps TOWARD the maini e
that prnR s haT'4 fall 'S by Of
Of these differences between the value Of goa ana
m mem, in the hes, money we use
TUE ROND CONTRACT DENOUNCED
AZ wo,cott REP. COLI replied to the speech OF
a., ,Yr, u,bich he characterized as 'thrashing old
straw" The House. he said. mad on Ihursuas us
,sosed 80 far as this session was cohce'"eu' vi '
sub,ect of the issue. or the ihoorseie"' u e''"
tonds Notwithstanding the frantic efforts OF an
.,,.,ra,,op with all its power and all its pat
80. notwithstanding the efforts of the leaders
=, no,h nart,es the House Of Representatives had'
nv a decisive vote, refused to sanction the pohcy
outlined and approved by the resolution o"eiod W
the Senator from New-Iork so that senator was
..oue out of date In his reference TO the ieels-
-, -, The snecial session which dealt with the
repeal OF the purchasing cause OF the sherman
oct The Senator from New-York had spoken OF
bmetalists voting for that repeal but ne ' MA done
co eexcen perhaps two three who had voted IN
the in the SHADOW Of ans H Mould be
fled OUT that the repeal would be iooweu og Ss
fair for stating ths De% ha of
Senator'S in view OF the disasters OF the iast year
s so4 .e ha aeps OF the sherman law bad that act
in principle and In praeace r voco, added In
q sneering tone. ITO which the Senator from New,
York belongs Is bimetallism on goa basis ,hs1e
measured by the value of gold He Is bneIan IS,
he n gOd a sTef sha be used TO
limited extent in place of paper 1t IS poor .'i,e
to 9oid b5nd The Presdents wahon attack
upon the credit OF the United states mas been 'he
has been the most wanton and criminal and delib.
crate attack upon the credit OF our country that s
could be INDUCED in. Our nest was befouied py
the men who should have stood for our credit. Inc
president entered secret negotiation with the
Rothschilds Of Europe whereby ne shall give them
.Ion1 bonds at an excessive rate OF interest, so
,baf he can make an apparent showing 10 the dis
eredit O. our country and its finances But. even
before the bonds issued. the reaction has come
The subscribers of this syndicate are called upon
for only 10 per cent of their subscription The bal
encs n; n they will never be called upon 70 pay.
The svndicate has already been offered ll2iz Tor
these bonds and the President OF one OF the leading
hanks OF New York says that within ninety DAYS
they will rise 100 Il there ever was bond which
ought 10 be paid in silver or deprecated money!
- can be found-t is this issue Of bonds which this
Svndicate has purchased at less than its worth II
a. the Rothschids Of Europe and the PRESIDENT OF
the limited States who have sought 70 oiacken our
credit The people who stand for the coinage OF
sivsr do not stand for II because they are unpa-
trotic They do not stand for It because they come
from sections where silver Is produced 1ney stang