The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-01-13
BYNUM PLAYS FILIBUSTER
PASSAGE Of AN OLEOMARGARINE
BILL DELAYED BY THE HOOsIER.
He Is Opposed to 1t ON the Ground
TINT 1t IL ACKNOWLEDGEMENTS
Point of No Quorum Raised.

to the galleries by the announcement that
Mr.. German would urge a Senate solution
for the currency problem. and although
Mr.. German did not speak the spectators
were not disappointed. Mr.. Teiler took the
income tax az d. text. but branehed into
a comprehensive review OF the present con-
ditiops of the treasury and the remedies de-
manded. lie severely arraigned the admin
istration for alarming the country by agita-
ton over the currency bill. The Senator
urged that the restoration of silver was the
only effective solution. but said he did not
expect this solution at the present time
from either Of the great parties or from
the Populists. Senator Lodge also add
dressed the Senate. urging that IL the Dem
oeratic majority would present "A measure
to raise revenue. instead of Il currency bill
that could not pass the minority would as
sist In enacting Ii.
When the routine proceedings were out of
the way Mr.. cockrell called up the urgent
deficiency bill. q The presiding officer. MIR.
Harris. explained the parliamentary sltua-
ton coming over from yesterday. Mr.. Hill
had offered an amendment to the Item ap-
propriating funds for collecting the Income
tax, so~rhat the legality OF the tax would
be referred to the courts. The Chair had
ruled out the amendment on a point OF or
der. Mr.. Hill appealed from the decision
of the Chair, and Mr.. Morgan moved to
lay the appeal on the table. In order to
permit Senators to further discuss the IN
come tax Mr.. Morgan agreed to Withdraw
his motion. and this postponed a vote on
Mr.. Hills appeal. nes
Mr.. Teller then addressed the Senate IN
support of q continuance of the income
tax. He pointed to the large treasury
deficits which had been temporarily met by
bond issues. The gold supply was down 10
$77,0 00,0 900 and was rapidly disappearing. ANY
proposition to do away with the income TAX
therefore,, should be accompanied by a plan
to raise the revenue the government re-
quired. Mr.. Telleri gave 1t as his opinion
that the income tax would become perma-
nent. even though " was limited 10 I'VE
wears by tho present law. He believed 1t
was such an equitable tax that the people
would insist on it's continuance. Import
duties could not be put 40 high as to ems
tirely keep out goods and without these
high duties there was certain to be "A deficit
In revenue. 1t WAS cssential therefore that
some middle course should be adopted and
the income tax was the most just means OF
taking this course. %
IN WRONG. HANDS.
Mr.. Teller spoke bt hesvafn and fruitlcss
efforts OF the executive branch of the gov
eminent to do something to relieve the
present distress OF the government and tho
people. 1t shows. said the Senator. that the
executive branch IN In the wrong hands.
Mr.. Teller spoke causticaiiy of the scheme
OF banking coming from the Treasury De-
partment.'' He referred to the current re-
ports that tho bill had been iotted Off In
thirty minutes TO a stenographer. u wish
TO show all due respect TO this bill" said
Mr.. Teller, coming as II does. from such
high sources, but ift such a measure came
from any Senator OH member. or II came
from any Popullst, IL would be branded
an the height of luuacy." Mr.. Teller de-
clared that tho CURRENCY bin proposed TO
ipaugurate the old sra or wildcat paper;
the th,s talk sYS" about an elastic and "hexibie'
Ing Charge of the elasticity end.
There are about f,x weeks e remaining .Now TO
d dnis e aoS person ' sepioa Mi, believe that a3w 4
be accomplished in chat timeg Why. then,
frantic appeals from the treasury, The
Senator argued that Il was time the ex-
acterized as frantic demonstrations OF
fright. Mr.. Teller examined In detail the
bimetallic system Of France, under which
guilty.
Paris on the night before France raised
the vast sum to pay It's war to
Mr.. Teller argued at length to prove that
the low prices of agricultural products to-
day were the direct result q the demone-
by the United sthtes, and lastly the Latin
Union. In every country which had kept
It's mints open to silver, prices of staple
products had rcmaiaed absolutely stable
during the last twenty-five years. He cited
as Illustrations of that fact, India. Mexico.
China and Japan. IL has been charged, he
said. that those who were In favor Of bi,
r,apay Rut II sound money WAS TO he pra-
served. he warned the Senate 1t would be
preserved through the efforts OF the So
sisted on, 1t would be found too narrow and
the time would come when an overissue of
l. CHARGED TO DECENTRALIZATION.
Mr.. Teller described the growth of social
ism and anarchy in this county since the
demonetlzation OF silver; the bitterness that
had grown up between classes. This con-
dition had been produced by legislation.
Are we now he asked. ito admit that
we have neither, the, wit nor wisdom 10
undo what weishaves done?' Although his
side was not charged with the responsible
ity for the present situation. he.
for one, would join with his
Of relief that appealed TO his Judgment.
But he had little hope when he saw the
such a situation, supinely waiting to see
what Europe would do. 1t was deplorable
and disgraceful. A change of administra-
tons might aid matters, but he doubted it.
The last Republican administration Was
voted out of power, and he believed 1t de-
served the defeat. Last fall the people
had overthrow the Democratic control in
the House because the Democratic party
had shown itself incapable Of dealing with
the problem before ii. As for the Populist
party Mr.. Teller, did not believe it ever
would be a party of power. and therefore
he believed It would devolve on either the
Republican or Derpocratic party to solve
the problem eventually. when the pressure
of the people would at last force logical ac-
ton on this monetary problem. Any scheme
to secure his vote must be in line with what
he believed to be its solution. Mr.. Teller
closed with an eloquent appeal to those
on the other side of the chamber TO pre-
sent a solution of the existing problem
which would not surrender silver. 1t should
be no makeshift. no temporary expedient,
but Il should be ample to avert a crisis
more dangerous to the American people
thar OF even OF war.
MIR. LSage spoke OF the danger of arrest
ing appropriations and thus killing a law by
starvation. He did not therefore, approve
of refusing the appropriation necessary to
execute the income tax The imposition or
a direct income tax was the necessary re-
suit OF abandoning the protective policy OF
indirect taxes. He referred TO the present
cry for currency legislation as a move in
tended TO cover up the most dismal failure
In tariff legislation the country had ever