The Anaconda standard., 1895-12-22
SILVER SENATORS.

relief of the treasury that may be OF
fered.
SILVER SENATORS.
Dubois and Vest Say That the Presidsns's
Financial Policy IL bad
washington, Dec. 2L-The session OF
the senate to-day was notable In bring
ing out a very pointed statement from
Dubois. who was understood to voice
the Views of the silver element In the
senate. that no financial Legislation was
possible along the lines declared py
President Cleveland. and strenuously
urged In the message of last evening.
II was patent to every senator. Dubois
said. and should be understood by the
house, that the presidents desires for
the retirement of the greenbacks or
authorization of the bond issue were
utterly impossible OF accomplishment.
The only action the senate would take.
II II was given the opportunity TO vote.
would be to adopt the resolution OF
Vest, offered earlier in the day. direct
ing the coinage OF silver bullion In the
treasury and the payment OF govern
ment obligations In silver. The first re-
sponse to the presidents message urg-
ing financial relief came in the form or
a resolution offered by Vest, as fol-
lows:
Resolved, That the secretary of the
treasury Is hereby directed. In pursu-
ance OF the existing law vesting In him
full power to do So to coin, as rapidly
as possible, the silver bullion In the
treasury. purchased under the act or
July IA, 1890. into standard silver dol
lars and with such dollars to redeem.
cancel and retire the treasury notes OF
the United States Of July IA. 1890, Is
sued in the purchase of such bullion.
and also to redeem the United states
notes commonly called greenbacks IN
standard silver dollars, as well as In
gold, using which ever may be most
abundant and convenient"
Vest asked immediate consideration
of the resolution. but Platt objected
and the subject went over. Butler soon
brought forward the subject In another
form by asking immediate considera-
ton for a resolution directing the sec
retary OF the treasury to pay govern
ment obligations in gold when the pari-
ty OF the metals stood at rs $40 grains
of gold for 412h grains OF silver ana TO
pay in silver when this parity was dis
turbed by the advance In the value OF
gold. Again Platt objected.
"A
congratulatory cablegram from the
Brazilian senate, transmitted through
Minister Menonca OF Brazil. OF Presi-
dent Cleveland's recent enunciation OF
the Monroe doctrine. The resolution Is
as follows: "The federal senate OF the
United States of Brazil sends greetings
TO the senate of the United States on
the worthy message of President Cleve-
land, who so strenuously guards the
dignity, the sovereignty and the free
dom OF the American nations"
At o'clock the senate went into exc
cutive session. When the doors were
reopened, Stewart took the floor for a
sharp criticism of the presidents finan-
cial message. He said the presidents
unfolding OF the Monroe doctrine had
placed him on a high level. but the
message of last evening had suddenly
reduced him to a very low level. The
United States had the resources TO Gre
ate money for any emergency. Wars
were not fought on a gold basis. II was
the inherent strength of a nation that
won victories. England had maintain
ed her position during the Napoleonic
wars by placing a fiat on the bills OF
| the Bank OF England. Let the presi-
dent announce that the United States
obligations would be paid In silver and
there would be no further raids on the
treasury. II London wanted a financial
war we could meet IL.
Mr.. Dubois regretted that the pres
ident had been called upon to send such
| a financial message at this time. The
president must know he cannot accom-
plish either a retirement Of the green
backs or the authorization OF bonds
The peoples result would De to precipi'
tate a tariff agitation. And so far az
| financial legislation Is concerned. tht
country should understand. as every
senator here understands. that as soor
as the senate had an opportunity u
would adopt the resolution offered b,
Vest to-day TO coin silver bullion ant
TO pay government obligations In sill
YER Senators knew the measures would
be adopted II brought to a vote. Du
bois referred TO the hopeless situation
presented by the presidents message
a situation impossible TO remedy b,
Immediate legislation. At LAS p. m
the senate adjourned until next Tues
day.