The herald., 1895-12-28
cause of the presidents Incorporate finan-
4 To

nOnOT. MT. lelicf declared tldt tne re-
cent utterance of the president on finances
was to assure his friends in New York,
with whom he always advised, who had
become alar. med at the position the presl-
dent had taken OH another subject.
Mr.. Allen protested against the remarks
of Mr.. Hill and the latter's conclusions.
MIR. Hill had, he said, given utterance to
statement to the effect that all treasury
notes and greenbacks were redeemable in
gold, but such was not the case. The
greenbacks we're redeemabe in coin and
had been since the day they were first
issued. So also of the certificates under
the B!and-Allson act notes.
Mr.. Allen, resuming his speech. said that
the noIes issued under the Sherman act
were also redeemable in silver. He as
serted that when the president had SAID
the greeDback was redeetnabie i'll gold
only he falsi.ied the history of the country,
while Senator Hill advocated a policy that
would change the whole law in regard TO
legal tender.
Mr.. Hill replied to the criticisms made.
There were three distinct protests. he said,
based on the idea that an attack on the
public credit had been made by him tHilD.
On The contrary this proposition was to
sustain the public credit.
The senator from Colorado (Tel!er)
seemed to think that every reference to
gold was an attack on his favorite idea.
81 do not know whether the senator in
tended to be offensive" said Mr.. Hill, in
referring to the 'tidowaters' of the presi-
dent.
Mr.. Teller quickly rose to say that he
had not intended 10 refer to the senator
from New York. There was number of
men changing around the treasury depart
ment," who Jelt themselves authorized to
speak on the tinancial policy.
''fhe fabricator of metal coins" he said,
was daily in the papers with learned dis
EartatjOnS the nOiicV nf the
ment."
Mr.. Hill. resuming. said he supposed the
'tabricator of coins" referred to the di-
rector of the mint. He was probably as
competent to speak on finance as the gen.
tleman "from the wilds of Colorado"
The senator assented with emphasis that
he was none of those specified by Mr..
Teller as ''hs nging around the treasury"
~ speak for no one but myself de-
clared Mr.. Hill with vehemence. land they
cannot crowd me off that platform"
The senator said these attacks on the
secretary of the treasury were for alleged
otfenses, when every secretary during the
last fifteen years had pursued the same
policy. They had all protected the gold
reserve. If this reserve was not protected
the result indirectly affected our national
credit. He protested against this firing in
the air, this failure to answer a direct and
clear proposition with anything more than
attacks on officials and with assertions
that the national credit was being assailed.
With the close of Mr. Hills speech the
resolution was laid aside.
A joint resolution was agreed to, trans
ferring the territorial machinery of the
government in Utah 10 the state author-
ties.
At 1926 o'clock the senate went into ex-
ecutive session, and at 2 :4O adjourned un-
til Monday.
HOUSE PROCEEDINGS.
WASHINGTON, Dec. 27.-The house to-
day entered upon the consideration of the
bond bill. The bill aroused the united op-
position of the Democrats and Populiss 8,
the gold Democrats being arrayed against
it because they claimed it did not give the
secretary the authority to ISSUE the gold
bonds with which he desired to replensh
the reserve, and the silver Democrats on
the ground Of their general opposition to
bond issues. The latter commended 1hat
the raids on the treasury could be stopped
if the secretary would use his discretion to
redeem no.es in silver when the reserve
was threatened. In the Republican ranks
there developed such bitter opposition TO
the bill as originally drawn and to the
proposition to force the bill to vote today
that the Republican members of the COM
mittee on ways and means incorporated in
it an amendment specifically declaring
that nothing in the act should be con-
strued as a modification or repeal of the
act of 1878 for the reissue of the green
backs when redeemed, and the committee
on rules extended the limit of debate until
tomorrow at 3 o'clock. but declined to
give the members of the house opportunity
to offer amendments.
The feature of the day was strong
speech from johnson, Republican, OF Cali
fornia, appealing to his Republican col
leagues 10 vote against the bill. He scored
the Republican leaders for bringing in the
bill. He said he had voted for the revenue
measure yesterday under protest, but he
refused to follow them on the present
bill. Political eXpedency which involved
a surrender of principle, he declared,
would never succeed. The debate ran far
were made by Messrs. Dingley of Maine
and Grosvenor of Ohio, Republicans; and
Messrs. Turner of Georgia and Patterson
of Tennessee, Democrats.
Mr.. Dingley, chairman of the ways and
means committee, reported the bond bill
as amended by the ways and means COM
mittee, and it was referred to the commit
tee of the whole.
Mr.. Daniel, Republican, of New York,
chairman of the first committee on eIec-
lions, as privileged matter made unan.
iInOus report in favor of seating Hugh r.
Belknap in place of Lawrence +. McGann,
from the Third Illinois district. Mr.. Me-
Gam had decided that he was not entitled
to the seat ,and there was, therefore, no
contest over the matter.
The report was adopted and Mr.. Bel
knap was sworn in.
Mr.. Henderson, Republican, Iowa, from
the committee on rules, then presented the
rule for the consideration of the bond bill.
1t provided for oebate until 10 o'clock to.
night. with recess from to pm, and
its continuance tomorrow until 3 o'clock,
when motion should be taken without
intervening motion or amendments, separ-
ately.
Mr.. Crisp. Democrat, Georgia. opposed
the adoption of the rule When the twenty
minutes allowed the Democratic side had
been consumed, Mr.. Henderson, vino is in
charge of the rule, without making any re-
ply to the criticisms from the other side,
demanded a vote OH the adoption of the
rule, which was taken by yeas and nays.
The rule was adopted, 195 40 1Ol. 1t
was not a strict party vote. The Populists
voted with the Democrats against it's
adoption, and the following Republicans
voted in opposition to the ma jority of their
party: Baker of New Hamshre. Connolly
of illinois, Dayton of West Virginia, Kirk
patrick of Kansas. Linney of North Caro-
lima, Mccormick of New York, Shafroth of
Colorado, Pearson of North Carolina, Mon
della of Wyoming. and Miller OF Kansas.
The bond bill was then laid before the
house, and Mr.. Dingley opened the debate
in favor of its adoption. He explained the
bill, saying that AS plain business propo-
sition the secretary should have the power
to float 3-per-cent bonds.
"a bonds