Evening star. [volume] (Washington, D.C.) 1854-1972, 1895-02-14

now the treasury had been obliged to
sort, as it had under Secretary Sherman,
to special contract.
Mr. Hopkins Against the Resolution.
Mr. Hopkins Ill) said that the real ques
tion was whether the government at this
late day should by the extraordinary meth
DDS of President Cleveland and his Secre-
tary of the Treasury change its established
policy under thirty-hve years of republican,
rule and make it's bonds payable in gold.
Why did not the President, he asked, cal
the attention of these foreign capitalists
to the fact that this country had a settled
rolicy?" (Applause) II the statement Mr.
Wilson had made had been true, tnat corn
really good as gold in the contract,
and that meant the same thirS, why nsiu
not the President told these capitalists so!
Il oppose this resolution, he continued,
''because it WILL in my Judgment, destroy
the credit of the United States HE gov
ernment of the United States was like an
il divdual in business. The moment a man
walked into Jew broker shop and offered
a mortgage on his property for loan his
credit was destroyed; no other establish
ment would give him a lean without equal
ly good security. So in the future it would
be necessary to put the word gold into
every bond issue. The bondholder was
directly interested in driving this
country to a silver basis and sending gold
to a premium. The RothschildS by this
method could double the value of their
holdings.
Political Not Patriotic Motives.
THE President perned this message not
from patriotic purposes but for politics,
and that alone. He wanted to throw the
responsibility on Congress of making this
loan negotiated by his former law part
ner.' (ApplauseD
When Mr.. Hopkins declared that the syn
dicate would make On. the whole transac-
ton twenty-five millions more than it was
entitled to there were cries of democratic
dissent.
Il believe that as representative of the
people of the state of Illinois l have
much right to my opinion as President
Cleveland I believe the House and Senate
are as patriotic the PRESIDENT.
Mr. Cox Tenn.)-"How does it happen
that by this contract this syndicate will
have an option on future bond issues by
the government
Mr. HopkinS-"N Nobody but this syndicate
and the President can answer that" loud
applaCse).
Mr. Powers Vt) sent to the clerks desk
to be read an amendment providing that
nothing in the resolution should be con-
strued as changing the avowed policy of
the government to pay all its outstanding
bonds in gold.
Mr.. CnnnOn's Sarcasm.
Mr.. Hopkins then yielded to Mr.. Cannon
Ull), who began by announcing that he
was in favor of maintaining the credit of
the government He stated, with biting
sarcasm. the abortivc attempts made to
pass legtsa tion for the relief of the treas
ury. Sc ying that the Presidents last mes
sage was responsible for the Springer
second BIRTH He denounced the con-
tract made by the Secretary of the Treas
ury, and when he expressed the opinion
that had republican Secretary of the
Treasury made it this democratic House
ha mn he'd i'm
side gave him round after round OF ap-
plaUse.
Mr.. GrOsvcnor's Opposition.
Mr.. Grosvenor (Ohio), a member Of the
ways and means committee, opposed the
resolution, addressing himself to the
charge that those who were opposing this
resolution We're aiding to destroy the
honor credit and integrity of the Eoveln-
nent. He pointed out that without con-
sultation with Congress the Secretary of
the Treasury had privately entered into a
contract with the Rothschilds in Europe
and the Morgans here to purchase gold
with coin bonds of the government at a
rate of interest almost l per cent higher
than the last bond issue. and now gave
Congress the option of substituting for
those coin bonds gold bonds at per cent.
The only alternative offered Congress was
to go back on a long established precedent
of the government and authorize gold in
stead of coin bonds.
THE SENATE.
When the Senate met today the high
tension over the financial situation was
clearly evident from the animated groups
OF Senators who discussed the subject.
From this rumOr soon gained circulation
that the suggestion had been made that a
resolution be introduced directing ad-
vising the executive branch of the govern
for the sale of SG2, 400, 600 of bonds. With
tie several financial bills on the calendar
and on the table it was felt that decisive
action one way or the other was not far
Off.
DarbnrOus Indian Executions.
Mr.. Platt Comm presented petition and
gave dramatic details concerning barbarous
executions in the Choctaw Indian country.
He said the facts, if known, would shock
the civilized world. as they presented bar
barites unparalleled in this country. The
petition urged that law be passed giving
an appeal to United States courts from the
condemnations of the Indian courts. MIR.
Platt said the time had been reached when
such law was imperative in order to end
the shocking condition of affairs.
Ford's TEcater Victims.
A favorable report was made by special
committee allowing $1l5,000 to the widows
and children of those killed at the Fcrds
Theater disaster in Washington.
Mr.. Lodge Ciass.) offered a resolution,
which was agreed to, asking the Secretary
of the Treasury for information as to the
returns from distilled spirits and what re-
duction would occur frcm the prospective
close of diStilieres.
Mr.. Calls Resolution.
Mr.. Call (Fla.) then brought forward his
irrepressible resolution for a Senate in
vestigation of the Honduras Lottery Com
panys operations in controlling Florida
elections.
Mr.. Blackburn sought to cut 1t of by
moving to refer it to the committee on
privileges and elections
That is in the interest of the Honduras
Lottery Company" declared MIR. Call amid
laughter.
Il never heard of the Honduras Lottery
Company" said Mr.. Blackburn, "and If it
will please the Senator l will change the
motion so as to send this resolution, which
is obstructng public business, to the COM
mttee revolutionary claims, private
land claims or to perditien."
Mr.. Blackburn'S motion to refer was de-
feated on yea and nay vote, IL to 30, most
of the republican Senators coming to Mr..
o. .igf