Evening star. [volume] (Washington, D.C.) 1854-1972, 1895-02-20
SILVER DEFEATED
No Vote on the Wolcott Resolution
Likely This Session..
AN INTERESTING CONTEST ENDED
Mr.. Chandler Says Bimetalism is
Sure to Come.
TIERS IN THE HOUS e

The Senate began it's II o'clock sessions
today, rendered necessary by the pressing
demands of the appropriation bills. Only
ten Senators were present when the session
opened, but the galleries were well filled
with delegates to the Woman's National
Association, in session here.
Mr. Hill On. ". always watchful against
surprises, was one Of the earliest comers
Mr.. Jones (Ark), in charge of the silver
BILL which still held it's advantage as the
unfinished business, circulated among his
associates
Mr.. Platt Comm, Mr.. Higgins Oel) and
other republican Senators were evidently
prepared to carry forward the opposition
to the silver bill, and Mr.. Higgins secured
the floor for speech, but Mi. Jones soon
came forward with an important announce
ment.
Mr.. Jones' Announcement.
1.-The friends of the regular order-the
silver BILL" said he, "have wish to risk
the danger of extra session of Con-
gress. They SO stated at the outset of the
discussion. Events have shown that this
danger might be incurred and that The
great appropriation bills might be put in
jeopardy. For that reason the friends OF
the silver bill have authorized me to gay
present session of Congress-
S5enator-elect Carter of Montana appear
ed on the floor during the preliminaries and
vas warmly congratulated by the Senator'S
The presiding officer presented the VOL
colt silver resolution coming over from last
night. declaratory in favor of silver coinage
at a ratio of 16 to l. but stating that it was
ineXpedient at this late day in the session
to take up the silver bill
Mr.. Call sought to take up the Indian ap-
preparation bill, but it cut Off by the
objection of Mr.. Butler Is. c., in charge of
the pooling bill.
A bill was passed granting the railroad
companies additional powers to secure
rights of way. &C., in the Indian territory.
SIR. Higgins on the WoicOtt Resolu-
ton.
Mr. Higgins then addressed the Senate on
the Wolcott resolution. He urged that it
was meaningless and could effect nothing.
1t would not receive executive approval
even If it went through Congress. Mr..
Higgins declared that his side of the cham
Der was not for gold monometallism or for
silver recommendation, but for Judicious
use of both metals. His speech then took
a wide range as to the course Of the coun-
try and the parties on finance. be SAID
the repeal of the Sherman law was notice
to the world that the United States would
no longer be the patient ass to bear the
burden of silver.
At IL o CLOCK t1o n0uf OF uHuniSEeu DuS-
mess arrv ed, and a sharp controversy arose
as TO the precedence of various bills
The Wolcott resolution, under the rule
went to the calendar.
Mr.. German appealed to Senators to stop
the fruitless discussion on the pending
Wolcott resolution and to take Up the APP
preparation bills, which were demanding
attention if it was hoped to pass them
| He moved to take up the Indian appropria-
| ton bill.
| Mr. Butler. in charge of the pooling bill.
| objected and demanded a roll call. The
| motion prevailed. Yeas 30; nays, Il.
The effect of the vote was to diSplacc the
| silver bill the unfinished business, and
| to send it back to the calendar The vote
against the Indian appropriation bill was
not test of strength of the pooling BILL
as many friends OF that measure voted 10
consider the Indian bill.
The negative vote was: Blanchard, But
Ter, Camden, Cameron, Faulkner. Hunton.
Jones of Arkansas, Lindsey, Mills, Mitchell
of Wisconsin, Quay, Woicott. Total i.
The indian appropriation bill being taken
up, Mr.. Higgins continued his interrupted
speech the finances.
Mr.. Henderson offered an amendment to
the Wolcott resolution as follows:
Provided, that efforts should be pressed
| by the United States to induce irternation-
al bimetaliisn. and any legiSla ton for free
| coinage of silver should provide for The
| maintenance Of the parity between both
| metals, to which the faith of this country
has been repeatedly pledged
MIR. Ch3nHler's Speech.
Mr.. Chandler On. HI addressed the SEN
ate on the Wolcott resolution. The speech
was brief, but was looked upon as signifi-
cant and was followed with interest, owing
to the prominent part MIR. Chandler has
taken in shaping the course of the repub-
lcan side of the chamber. He said:
In Difference to the prevailing opinion
of New England and because it may be
to ,i,,ts 10
limited coinage of silver, without concur
rent action upon the part of other great
, ma tons, l shall vote against the pending
resolution.
'Rut l very much regret that cannot
also now vote in favor OF some affirmative
measure in tae direction of bimetailism, TO
promote which the republican party is sa-
crediy pledged by the promises OF its ma
tionaI convention in 1892, which as yet
nothing has been done to redeem.
.Bimeta!ifsm. as l understand 1t, is the
use OF gold and silver money metals,
each equally entitled to coinage as money
in the minis OF the bimetallic nations. AS
long as our minis are absolutely closed to
the coinage of silver bullion We shall be
fast approaching a single gold standard If
we have not already reached it. Gold mono
netalliSm is our destiny if some aiiirna-
tive action in another direction is not soon
taken. Against the adoption for America
of the single standard it is my duty to
speak and act In accordance with the
pledges of my party. and with the inter-
ests of the great mass of the American
people-de5tors, producers and property
owners.
To What the People Are Exposed.
1T may be, it doubtless is, the pathway
OF strength and honor for the national gov
eminent to pay all its existing obligations
in gold. But that is small branch OF the
pending question.
1T is agreed by all writer's on political
economy and the question of money that q
dilninution in the quantity of the metallic
money causes an appreciation Of the re-
mainder and produces fall in the prices
of all commodities. If there are $1,000
100000 of gold and $40O0,0OO,0G0 of silver in
existence, constituting together the worlds
measure of value, and one-half of the
quantity is abandoned as a money metal
and measure of value, the other half ap-
preciates in value and destruction comes to
the values of all other property, while all
the debts of the world remain unreduCed.
This brings Insolvency to debtors and ruin
to business and enterprises.
."ro such fate the people are now eX-
posed To what extent other causes than
the decentralization of silver have brought
about the distressing condition in which
this country has found itself for the last