Evening journal., 1895-02-15
BOND ISSUE BLOCKED.
The House Defeats the Admin
istration's Third Plan.
VOTE STOOD 100 FOR, le7 AGAINST.
Party Lines We're cast Aside when the
Measure Was Put 10 tho Test Reed SPOKE
In Favor Of the Gold Bonds, and Bryan
Made a Ringing Reply to Wilson.

of the tfeasury failed IN the house First
the Carlisle bin for the reform of the cnr-
rency system wont down. Next the bin
for the issue Of $500, 900, QUO Of gold bonds
and the retiiemeBs Of tho legal tenders
1ecc cmmonded in the Presidents special
message was defeated last Thursday hy
majority * ~, and NOW the house, by
majority even largef t47), has refused to
order to third oading the es5lutinn hy
which 1t was proposed to authorize the is
sue of $50, 600, 600 u 2 por cent gold bonds
TO substitute for the per cent 80 year
coin bonds sold by Secretary Carlisle un-
der contract with the Rothschild- Morgan
syndicate.
The action of the house was tho culmi-
nation of the exciting events which hayo
occurred since the president sont his spe-
oial message 60 congress, which resulted
in tho report from the ways and means
committee OF the esolution to authorize
the issue % the gold bonds. a special or
der was brought in as soon as tho house
met To bring tho resolution 20 vote at
6 o'clock.
Tho debate upon the resolution which
lasted over five hours was of an interest
ing and at times inllammahle character
The galleries weie packed, and thore was
much excitement and confusion on tho
floor but the interest centered in the
course which the Republicans would pur-
sue it being conceded that the fate Of the
resolution rested with them. Thoro was
much maneuyering among their leaders.
Reeds aianruver Failed.
The Republicans west of the Allegha-
nies, lea by Messrs. Hopkins and Cannon
Of Illinois, started off with impe nous
speeches against gold bond that would
discriminate against the bonds already is
sued. Mi. Reed and his eastmn friends
sought in private conference to rally sill
to united ao ion. His plan was TO allow
the resolution to go 10 a third reading and
then move 10 leeommit it, with instruc-
tions to report back bill similar 10 that
which lie offered as n substitute for the
gold bond bill last week providing for 3
per cent coin bonds.
For a time it seemed possible that this
arrangement wonld he agreed TO- but aft
er the stirring speech Of Mr.. Hepburn Of
Iowa the middle and western Republicans
broke away do erlnined o defeat the third
reading of tho resolution lest by some
chance it might carry il 1t passed this par
liamentary stage Tho eastern Republio-
ans then decided TO support IT. The
speeches Of Messrs. Wilson, Reed, Hopkins
and Bryan were tho features Of the debate.
An analysis Of tho vote shows that IS
Democrats and 81 Republicans Q20 ia all
voted in favor Of the resolution, and 81
Democrats, 82 Republicans and Popu
lists (le7 in allD against IT,
Mr.. Wilson Appeals FOR support.
Mr. Wilson asserted that for 25 year
the gold standard had been the praotiea
| money basis In this country; that gentle
mon confused The standard Of paymen
with tho currency Of payment Two OK
| periments had failed 20 give relief, AM
now the treasury had been obliged to re
sort as it had under Secretary sherman
to q special contract
Mr. W. A. Stone OF Pennsylvania sal,
ho could not see why Republicans shoul'
not vote for tho resolution although the
were not to blame for the bad manage
ment that had brought about the difficult
ty 10 refuse to mako the bonds paya
bic in gold would be TO spite the country
Tho president had twice appealed to th
patliotism OF tho Republican party an
that appeal had never been made in vain
They had responded twice ana should 4
so again
Mr. Hepburn of Iowa said that th
gentleman from ponnsylvania propose
to go back on the whole policy Of his party
that had always pledged itself to maintai
gold and silvof az a parity. Tho SEQ efag
Of the tieasuly was reported 70 have sal
to tho committee on ways and means thu
II the gold ploviso was put into this isst
OF bonds it must 20 into every future i
sue.
"D DO you propose TO do that he askc'
and the were cries Of Mo- MOI Aft
reading the plank Of tho last nationi
Democratic platform for bimetalism
4 | said Mr. speaker can imagine tn
! your own heart has been warmed mar
I times by that ringing sentence, where's
y there was great applause and laughto
+ After reading the plank Of the Republics
q platform for bimetallsm he declared the
q was no difference between moral and }
S gal obligations-th that thero was not DO
d Of tho government that could not honest
be paid in silver
Bryan scores Cleveland.
Mr. Bryan 81 Nebraska made b;
i hour speech against the resolution, 4
/ passage of which ho began hy sayin
" would withdraw Siea, 600, 600 from &
y culation.
h Tho president of the United states