The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1895-12-21

1 acCOunt OI tnt HnanClal COnulllOH VI
the United States. but the people and
members OF congress were excited and
should be given breathing time.
Chandler announced that he had
changed his mind since yesterday and
now believes the house bill should be
passed without amendment and all the
| power placed In the presidents hands.
Whether Cleveland or some other dis
tinTuished member of his party was a
candidate for president. there would
be no question OF foreign policy in the
campaign. for on that the American
people were united. Nor would they
be deferred by any conspiracy of for
eign capitalists to depress American
stocks. II any of the stock of Wall
street had gone down they were stocks
that deserved to go down.
| Tillman. democrat. South Carolina,
asked Chandler whether. n the resolu-
ton passed the senate and the gold re-
serve disappeared. he would still vote
| for the resolution. Chandler said that
| was the same old disposition of the
populists to mix questions. Il am not
| a populist." said Tillman. "I learned
| my politics from Jefferson. Calhoun
and Lincoln" Chandler said all drew
their inspirations from those sources.
and said he would vote for any sacri-
fee to sustain national honor.
Sherman repeated his assertion OF yes
terday that he could not see 'the neces-
sity for haste In the matter" The
| presidents message invites no haste.
The American people need no special
Indictment to their interest In uphold
ing the Monroe doctrine. He said that
while he had insisted on preventing
European encroachment upon Ameri-
can soil, we had ourselves disregarded
the doctrine in the case of Mexico. In
taking possession of Texas and Cali
| fornia. AS n matter of fact the doc
trine had never been applied In any
specific case. England. he said, is taxi
ing a very grave view OF this matter.
'T am firmly convinced" he said,
that this controversy will be settled
by England and Venezuela and that
not drop OF American blood will be
shed In It's adjustment" Sherman pro-
ceeded to argue for the adoption OF the
amendments suggested by the commit
tee on foreign relations. He counseled
deliberation and deprecated the undue
and eager haste as unbecoming the
dignity OF the senate.
| Mills thought the senate had over
looked the most important considera-
tion. Allen. he said, had announced
that money was the essential element
I'm war. He agreed with him. 1t might
be possible. he said. that II the mints
were thrown open. the people might
have more money but when he pro-
posed 10 go TO war with the greatest
nation on earth the question of where
our revenues were TO come from was a
4 sAI
not child's play. His voice was for
peace. but IL must be honorable and
consistent peace. To-day the United
States and Great Britain stood face 10
face. They had tried TO reach an agree
ment and had failed. They had said
we should insist upon our position and
resist England with all our power.
I'VE are standing on the brink Of
battle" said Mills. "and prudence re-
quires that we should look to our
strong box" He pointed out the vast
| differences between our resources and
obligations now and during the civil
war. Then. said he. we did not have a
burden Of $3.50. .00o.0 900 pensions TO carry
and we had as a source OF revenue an
income tax OF unquestioned legality
and taxes on domestic manufacture.
The latter had been repealed. The
former had been swept away by a de-
cision OF the supreme court. Practic-
ally the only source left was the Gus
toms duties on imports. But where
were the imports to come from II the
states were to war with the mistress
of the sea? And now. standing on the
edge OF this conflict. the country is
without the means OF taxation TO raise
the revenue essential for such a vast
undertaking.
The senator demanded that this con-
gress adopt a constitutional amend
ment to be at once submitted to the
state legislatures for the taxation of
real and personal property.
Lodge said he regarded II essential
that there should be no division on this
subject. The house and president
stand together. They should show the
world that we are as firm as adamant.
The assertions made In London that this
was only an electioneering dodge.
should be answered by united and def
mite action which would leave the sub
ject beyond the possibility of a mis-
construction.
I'VE should say to those people In
London" proceeded Lodge, that the
American people cannot be dismayed
or diverted by the efforts TO cause a
scare by selling American stocks. call
ing I'm American loans and seeking TO
cause a panic I'm Wall street"
Stewart pointed out the constant en-
croachments OF Great Britain In vene-
zueia- Nicaragua and various points In
the western world. The senator did
not believe war would come. but II it
did the country would uphold every
step the president might take In Sup
porting the Monroe doctrine. White
urged that the president be left un-
hampered In the selection of the COM
mission. TIE senator did not believe
the war cloud was as ominous as Il
appeared.
Mitchell. Oregon. said no European
power should be permitted to acquire
one foot OF soil I'm addition TO what