The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1895-01-24
THEIR LITTLE BILLS
Senator's Who Want Free SILVER at
Any Cost.
TURPlE ON THE WARPATH
The Discussion In tho Senate Last
Night Was in the Nature of
Worry Wide and Interest,"
ing Controversy.
IE ON THE WARPATH

WASHINGTON, Jan. 23.-Joncs of Arkan-
sas and Smith of New Jersey both pre-
sented bills bearing on the currency ques-
ton in the senate to-day. Senator smiths
bill provides that tho president shall APP
point four commissioners from civil life,
no more than two of whom shall be mem
bers of the same political party; the presi-
dent of the senate shall appoint four SEN
ators, no more than two of whom shall be
members of the same political party; the
speaker of the house is to designate four
members under the Same conditions. The
senators and members chosen are to be
members of the 5ith congress. These are
10 be known as "a monetary commission"
1t is made the duty of the commission
to take into consideration and investigate
thoroughly all the various questions relat-
ing TO the currency SO far as may be nee
essary to test the judicious system of cur
rency on a sound basis.
The commission is empowered to visit
different portions of the country and mako
TO congress final report of the investiga-
tlons, together with such recommcnda-
tions as they may deem il to be i'm tho
best interests of the country, not later
than the second Monday III December,
1895. The bill authorizes the issue of
S5J0,C0o,0Oo OF per cent. bonds, redcema.
bic in gold coin ut the expiration of
10 years.
Stewart followed Smith with an arcu-
ment against any committees or other
means of avoiding direct action on the
currency. Stewart had read an article in
the Cincinnati Enquirer addressed d-
rectly to the secretary of the treasury and
arraigning him for prcferriug gold to
silver.
Jones added to the interest in the qucs-
ton by presenting bill which has been
discussed in the finance committee. Its
reading was followed with close attention
owing 10 the prominence of the senator in
shaping most of the finance committees
work.
Jones addressed the senate briefly con-
cerning the currency bill no mad sub
mitted. He spoke of the constant danger
in the present plan ofissuing bonds which
permitted the banks TO force an Issue, then
to take tho gold from the treasury in
order to pay for the bonds and thus keep
up this constant assault on the gold re-
servo and the constant necessity for
bonds.
81 am not believer in bonds" de-
clared Jones, "but / am willing To sub
init to bonds as a matter of necessity as
long as there is coupled with it a sensible,
manly, honest recognition OF silver. If
the feeling throughout the country in
favor of silver is properly recognized.
then will agree to the issue of bonds aud
| will agree to it under no other condi-
tions."
Jones said ii was mis- conviction that the
silver men would make a grave mistake
if they insisted on the extreme limits of
their hopes. The failure of the silver ele-
ment to secure concerted action was
made evident as soon as Jones closed his
remarks, as Stewart again took the floor
to argue against the Jones bill. He con-
ceded the good motives of the senator.
but urged the bond provision was sur
render to the banks and gold power.
The Nicaragua bill was then taken up
and Turpie resumed his speech against
the measure. Turpie's remarks became
personal at one point and he arraigncd
Morgan, chairman of the committee on
foreign relations. Turpie declared he had
long cherished the illusion that this chair
manship was of the loftiest character and
that il was untouched and undeiiled by
the modern delusions and commonplace
aspirations, but this illusion was dispelled
and this lofty chairmanship had tlisap-
peared like will o. the wisp in tho mircs
OF San Juan.
Turpie proceeded to urge that tho pro-
posed mortgage TO be given TO the COM
pany was diaphanous and n mere pre-
tense. The senator spoke OF tho canal
company, the stock as watered and that
this whole project was a combination of
fraud and water" Turpie hcaped in
vectIves on the bubble mortgage aud
"snide" partnership ith the government,
which he said was involved IN the canal
project. There was an apostle surnamcl
Peter, who had been canonized. But tins
Nicaragua scheme. he declared. was an
attempt TO canonize new ST. Peter
the "Peter Funk of legislation"
1t was a glorilcation of the cheap
Johns of congressional work. 81 tho
close of Turpie's remarks. the sem
ate went into executive session and a.
o'clock adjourned.