The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-02-17


At 2 o'clock the agricultural appro-
prfatfon bill was taken UP, but the
financial sentiment was TOO strong to
give way to agriculture, and Mr.. Teller
returned to the Hill resolution. he
said it was the most. remarkable paper
he had ever seen. He would try not
to go outside Of parliamentary Ian
guage in speaking of it. This interest
Of the senator from New York for sill
yer by offering resolution for GOLD,
showed his regard for binetallism.
Mr.. Teller declared that for the last
ninety days a prearranged effort mad
been made to put the country on golu
basis SO it could not get away from it,
The senator from New York had taken
part in that effort He declared this
effort had been in the direction Of put
ting gold to a premium. There had
virtually been a conspiracy for this pur-
pose, and with this accomplished the
plan would be to require payment alone
in that money. Indeed, as matter OF
fact, gold was even now at a premium,
for it had appreciated when every
thing else had deprecated. OF course,
the silver dollar would depreciate with
this discrimination against it. He de-
nounced as cant the assertion of inter
est in maintaining the parity ana pay
ing 1.-The best dollar
1.-THE best dollar which they want
is he asserted, the dollar which it
VIII take the most sweat-blood to set"
Referring to Mr.. HIPS profession OF
bimetalliSm, MI. Teller said Mr.. Hill
would be welcomed to the ranks when
he showed himself to be honestly in
favor of bimetallism. But" he added,
"if this resolution contains his sentt-
ments, he viii be no assistance to US
or to the world"
Difference as to DecenCy.
.tMr. Hill is noted for his courage,
but it takes a higher degree of cour-
age than he has shown in anything
else to stand out in defiance Of a trans
action which puts our securities at a
lower rate than those of Egypt. and
when he says that no senator can de-
Gently criticize that transaction, |
want to say that his idea and mine
differ as to what decency is"
Mr. Hill Interrupted to repeat what
he had said, Whereupon Mr.. Teller said:
""The senator has a right to make
any statement he sees fit," to Which
Mr.. Hill replied: ''He has no right to
put words into my mouth that did
not utter"
Continuing, Mr.. Teller declared that
as q senator he construed it to be his
duty to protect the reputation and the
! interest of the United States, and he
declared he would not be frightened
out Of his policy Of putting the bond
transaction before the country in its
/ true light He declared 1T was the
most scandalous transaction he had
ever known since his entry into public
/ life and said:
ct is the first time in the history
! of the Administrations affairs the peo-
l5la 1,o7 for q
dishonesty"
! He said, however, that he did moi
charge that the president or the secre
tary of the treasury had profted pc
cuniarily by the transaction. He could
not, however. conceive what had in
lhuenced their course except an undue
desire to acquire authority for GOLD
bonds. He thought that possibly they
had hoped to frighten Congress-
a Bitter Arrangement.
Mr.. Teller bitterly arraigned the ad
rninistration in its dealings with foreign
| bankers. The price paid for these bonds
showed the bankers had a pledge tina
they would be paid in gold, and ye
the administration gave the banking
syndicate a bonus of per cent to TAX
the bonds.
There will be a breaking down an
a breaking up IN TINS condltlon
things declared MIR. Teller, impress
lively, land when that time comes, sill
yer Will have its innings"
Mr. Villas gave notice that on Mon
j. day he would address the Senate o.
the financial situation. The consider
alton of the agricultural bill was the
resumed. The committee amendmen
for an inspection of live cattle, tn
meat of which. fresh, sailed, canned
packet, etc, is to be exported, wa
agreed to.
The agricultural bill was laid astd
without final action, and the Senat
at 500 went into executive session, al
Ter which il adjourned.