Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1895-01-13
the MONEY QUESTION STILL UP.
iron TELLER MAKES AN ELo-
auENT SPEECH
,,r the white Me,ui-stcwart
r,,,ovs suit-The House starts on
o,oomnrgarinc and Ends with
pension Matters.

Washington JIM
400 huslness was out Of the way in
. .nn senate today Mr.. cockrell called
wv ,ns urgency deficiency bill The
',reslding officer Mr.. Harris explained
,se parliamentary situation coming
oyer from yesterday.
AZ Hin had offered an amendment
T., ,be item appropriuting funds for
Affecting the income tax, so that the
,sao,,ty Of the tax would be referred
10 the courts
~ rho chair had ruled out the amend
u,ent on point of order.
Mr. Hin appealed from the decision
.f the chair and Mr.. Morgan moved TO
,av the appeal on the table.
IN order to permit senators TO fur
NAV discuss the income tax Mr.. Nor
.,n agreed to withdraw his motion,
pa mis- postponed vote on Mr.. Hilrs
appeal c,,
80, addressed the senate in support
of continuance of the income tax.
IA roIpted to the large treasury de-
a a,,,s which had been temporarily
~, bv bond issues. The gold supply
,r.s down to S77,0OO,OOO and was rapid
I, disappearing. Any proposition to do
"a win the income tax therefore
|ahnHlA be accompanied by q plan TO
So. the revenue the government re-
qq mr Teller gave it as his opinion
49, the income tax would become
q ornament, even though 1t was limited
81 "a ave wears by the present law. lie
& ,,lisved 1t was such a tax that the
#neople would insist on us continuance.
Import duties could be put SO high
{ as ID entirely keep out goods and With
|nut these duties there was certain to bn
N denciency ia revenue II was ne
"A esssary. therefore, that some middle
q eourse should be adopted and the IN
II cone tax was the most just means OF
Htaklng this COURSE
"a ,,nifless Efforts of the executive
jhranch Of the government to do some
+3thinr to relieve the present distress
r n the government and the people. 1T
Ashows," says the senator, that the
a executive branch is In the wrong
n Nm, Teller spoke caustlcally Of the
Z arheme for banking coming from the
& Treasury department. He referred TO
n The reports that the bill had been
3 given to a stenographer in thirty min
n Il wish to show all due respect TO
81 this BILL" said Mr.. Teller, coming
f. as It does from such high sources, but
III such measure came from any
T. Populist senator II would De prAhded
- as the height OF lunacy.
Mr., Teller declared that the currency
n bin proposed 10 lnaugurate the old
era OF wildcat paper. 1t violated every
<<prnciple Of finance in this country
{or any other.
"A Mr. Teller rldiculed the talk about
an elastic and flexible" currency with
ibanking corporations having charge of
i the elasticity.
- There Is about six weeks remain
ing 10 this congress-" said Mr.. Teller.
III Now, does any person seriously believe
that n pelfpetion Of thls yaet cur
@Irency system can be accomplished in
that time. Nbv. thon. Is congress and
he country stirred by these frantic ap-
-DAals from the trensurv?r
IN The senator argued that II was time
p HE executive stopned what he termed
Frantic denonetrnt iona Of fright
<W Mr. Teller ay1mIne1 In detail the
# a,t-metslHc s,rtc,, az IS;,,yco nrJsr
; |fyhIrb tbnt co,,utry ent1ved ahsointc
Y Aranopllitv
.sI senator HawIsv cper, M this nolnt
onai cTncr Wir nara tS 1--WE III ms bo p
6'j.5rance raised Tho met anu, IN toy he
6 WAR indemnit,, n, Cerrnsn,,
Mr. Telisr or-,,s1 at-t,ns..b g., ,,ro,,,
M|Hal inc low prices Of agricultural