The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1895-02-15
AFTER AN EXCITING DEBATE.
Reed. Speaking for the Resolution.
TantalizeS the Democrats.
Beginning by AnnouneinG That tho
Resolution Can't Pass. Hc Biasuea
the Democrats for the Present Sit.
uation and Taunts tho Aslnainistrsas
tion Leaders With Being Undcr
Clevcland's Thumb.

washington tfty, Feb lA--AltnoGEN IL
was known that ara attempt would be
uaaie today 10 pass Sfe resolution au-
thortxsng che Issue ct 5 per cent. goii
bonds. the attendance en the floor was
not large whea the speaker called the
house 10 order at II o clock. This Was
probably due 10 tae fact tlaa. many uiSn-
bers supposed the house weald meet ae
noon as usual. Despite tho small atsensl-
ance. howeyer. there was much excite
nleat on the noor. AS seon as tlas journal
had been read, Catcasntss, from the rules
committee. reported the special ORDER
ufaNser which the house was 10 operate.
1t was as follows:
Resolved. That immediately upon thu
adoption OF this rule the house shall pro-
ceed as in committee OF the whole IA
consideration OF house resolution Ne. @5
(the bond resoin,ion) and at the hour OF
) o'clock this day the prevsous question
shall be considered as ordered On SAID fss-
olation, and then. without intervening
motion, votes shall be taken thereon siil-
til the same shall have been fully dis-
passed Of
Cstsshtnsss promptly demanded the pre-
vsoas question as sNoa as she resolution
had been completed. On a rsssng vote thu
preybosis question was oryiercd IS 10 IL.
Picker made the point Of no quorum.
but withdrew IT, ana before time for ths
debate could be clainsst under the rile
the vote recurred on the adoption OF the
order. Ii resulted 50 10 =
Jerry Simpson again rnaie the point ct
no quorum. simpson and Catchings az
teilers took thesr places. and for over haf
an hour they waited patiently for the be-
lated arrivals to make up the coveted
quorum With the arrival Of members
came a streans of visitors in the galleries.
and at II :52 wiien catcn3nes reported ~
quorum, the hall Of representatives pre-
sented an animated appearance. The vote
had resulted i5a 90 Is In favor of the spe-
clal order.
simpson. who remarked ssreastlcaily
sotfo voce that be was trying 10 protect
the president against the yinaictiye
sauit of Republicans. recreant Democrats
and cuckocs. made no aiternpt 10 get the
yeas and nays. and the special order WAS
| declared adopted. Before the debate be-
| gan the speaker announced That he would
recognize four members OF the committee
on ways an means. Wilson and Reed IN
the affirmative. and Hopkins, Rep, HI.
and Bryan in the negative. TO control
four hours or the time allotted for de-
bate the remaining hour To be given TO
debate under the fire minute rule.
Wilson, chairman OF the Ways and
means COMMITTEES. who opened the de-
hate, cautioned the house at the very
outset that unless the debate could be
restricted to the resolution form tas
WAYS and means committee. to the eN-
clusson OF partisanship. IL would be inns
possible to vote inteligssAly on the aues-
ton at It's conclusion. He then procee6sd
10 carefully state the case. covering the
ground traversed by his report 10 the
house Yesterday He said there was d
dearth OF revenues In the treasury. To-
day he discovered that there was an
available cash balance in the treasury
OF s1s5 oao.ooo a larger balance than on
June 30 fs92 by coo. when II was
sl9e. .oD0t.o, including the gold reserve.
Today the gold reserve stood at siz,2is.-
CO.,
Wilson reviewed the History OF the gold
reserve established 10 insure the reEump-
! ton of specie payments. The RESERVE Rad
| not been threatened unia the panic OK
| 1see. when in a single month tNovembfrp
| 20, oGo. 600 OF gold had been Withdrawn. In
| the course of the pan.c Of 1920 the s5geoD.-
| enl Of bank trust funds had been passed 10
/ the available assets OF the treasury. Ssner
/ than bonds had been sold three times 10
rai,lnnlsh the god In fs.e treasury, twice
/ within SIX months. The p-evsovs opera
| asons OF the treasury had resulted, hs
/ said. in the United States exchanging ~
| own bonds for its own gold. and now see-
retary Carlisle had done what Secretary
4 sherman did time ard again when he ~as
! res,Enaing the pltisiie aebt-ae alad pnr~
chased gold IN other markets than our
/ own.
Wilson contrasstea the sstuatIon of Tho
treasury in 1889 with Ifs situation now. in
| regard to tho burden 70 be horne ny thu
| gohi reserve Then no EresnbasEs vera
| being presented fer redemption. ard tsss
| reserve was only necessary for practical
vn,rrsyses 20 support the outstanding silt
/ yer amounting TO but $500 eea co. Tnisy
| a. supported the entire currency fabric.
s.aa GO ~, ~ oitsxta nasng legal t>nSsrs and
| .rrs Sa,rv notes. sso eoo.go OF oyer-vaiuef
s.sI.er. ard all the national bank notes
| outstanding.
.syo. admit" saterrupted Dlngiey, Rer.s
| ",hae Sill GO Co os gold fave beer pur-
| chased 10 ms tain ffne gold rcseTve. Hows
! sts IN. treasury obtain the nssneg 20 rneet
| the Aencsency IN the revenues Of siea.ece.-
| oyo7''
wilson replied that. as he had stated on
| . .o-,,es ssessssie,y. II waa partly true that
nv the operations ~ the endless chain
| v,rosess by which gold was drained from
the treasury some Of the money obfained
| ,~c,, ,hs sale Of h0nds lad been sranS-
feryed 30 other sncoprss ard had been
,tzsa 20 Aefrzy eurrent expenses Rs
sailes1 fingiey's Alteration 70 the fast fhat
under the national act OF 1874 ths bark
votes bs.ug redeesnabIs BY the treasury.
coni4 he useI ~ conversion to drain the
tresxsry of gold az well as the legal ten
ders.
psnrley. however. persisted upcs' a Enofs
x,Nrtac anNwer 10 Els Question. anf VIII
.an arargy admitted that n large amount
~ me rola received from fhe sale of
,.,r1a had bsen used 90 meet the def
cf.oey In the revenues, Then DlngIey.
vacx,~rsux 10 Wilson'S former statement
afu,sy. me transfer from the bank trust
fnra 90 the avaliabie assets og the trezas
srv. declared that not one dollar of that
fl.rsa rad beeu used 20 defray current ex-
penses.
.aThs difference between your methods
ard curs." replied Wilson amid burst
| OF Democratic applause. is that wis~n We
uess51sg raorzey we borrowed n. Nne0