The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-12-22
VEST COMES TO THE FRONT
Payment of Government Obliga.
lions in Silver.
Brazilian Senate Snds COngratu-
IatOry Cablegram, PraisinE Pres
ident Cleveland Who Has So
StrenuOusIy Guarded the Dignity,
the Sovereignty and the Freedom
of the American Nation.


ing out a very pointed statement from
Mr.. Dubois (Rep. Idaho who was under
stood to voice the views of the silver ele-
ment in the Senate, that no financial leg
islation was possible along the lines de-
clared by President Cleveland and siren
uously urged in the message of last even
ing. 1t was patent to every senator. Mr..
Dubois said and should be understood by
the public that the presidents desires for
the retirement of the greenbacks or the
authorization of the bond issue were ut
terly impossible of accomplishment. The
only action the Senate would take, if it
was given the opportunity to vote. would
be to adopt the resolution of Mr.. Vest
Oem. Mo- offered earlier in the day, dl
recting the coinage of the silver bullion in
the treasury and the payment Of govern
ment obligations in silver.
Vests Resolution.
The first response to the presidents
the form OF a resolution offered by Mr..
Vest Dem. MOI as follows:
Resolved, That the secretary of the
treasury is hereby directed in pursuance
of the existing law, vesting in him full
power to do so, to coin as rapidly as pos
sible the silver bullion in the treasury
purchased under the act of July IA, 1890.
into standard silver dollars and with such
dollars to redeem, cancel and retire the
treasury notes of the United States of
July IA, 1890, issued in the purchase Of
such bullion, and also to redeem the Unit
ed States notes commonly called green
backs in standard silver dollars, as well
as in gold, using whichever may be most
abundant and convenient
Mr.. Vest asked immediate consideration
of the resolution.
Mr. Platt (Rep. Comm objected and
the subject went over.
Mr.. Butler CPop. n. c. soon brought
forward the subject in another form by
olution directing the secretary of the
treasury TO pay government obligations IN
gold when the parity of the metals STOOD
silver. and to pay in silver when this par
ity was disturbed by the advance in the
value of gold.
Again Mr.. Platt objected.
From Brazil.
A letter from Secretary Olney gave a
congratulatory cablegram from the Bra
zilian senate, transmitted through Min
ister Mendonca, of Brazil, of President
CIeyelands recent enunciation of the
Monroe doctrine. The resolution is as
follows: VIII,
States of Brazil sends its greeting to the
Senate of the United States of America
on the worthy message or PreSldeht
Cleveland who so strenuousiy SuaeroS s, t oI,s
Mr.. Proctor Rep. Vt) submitted a res
olution asking the secretary OF war 10
submit information as to what amount
could be profitably expended for coast
defenses up to July, 1897. The resolution
went over :4 o,-oo
utiVe session.
Stewards Criticism.
When the doors were opened Mr.. Stew,
art took the floor for a sharp CRITICISM OF
x;,l.- fy1o1 acia al
the presidents unfolding OF the Monroe
doctrine has placed him on a hlgh level
hI1t the message of last evening mao suu-
denly reduced him 10 th very yes aom to
create money for any emergency. wars
were not fought ON a gold basis: 1t was
the inherent strength OF a natloIi t u al
WGrn victories. England had maintained
her nosition during the Napoleonlc wars
by placing a fiat on the DIS Oh tHe odiiA
of England. oo +to+ Trri+a5
Let the president announce tna1 G ~ si1i
States obligations would be. PAID IN ST. 81
,,eJ and there would be no further RAIDS
On the treasury. If London wanter
financial war we could meet 1t. 49,,
tho ~ resident had been called upon
70 to send such d financial message
to Congress at this time: Inc PT Itss5,
! ident must know he cannot accol l1ln a
I aither a. retirement of the Sreenbacks., or
tbe authorization of bonds. The possslpi:e
Tesult would be to preclpltale d tdlllL az +
tetion And so far as financial leSlsid-
l:N., IL concerned. the country should UNI
non + Is d0i as every senator here under
Stands that soon as d the s 5S es eaa am
opportunity IT, nv Mr.. Vest to coin sill
Ole 5,lll:on and to pay government obli-
sa senators knew the measures WOULD M r be
adopted if brought 4 b to xO Situation pre-
bots refs bT the - presidents message sit
aion Impossible 10 remedy by an im nTary
legislation as f the pT nbc a Fam svsas
wet ct i:45 D. m. the Senate adjourned until
next Tuesday.