The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1895-02-15

London simply because of the kno"leage
of the determination of this syndicate to
maintain the price of bonds.
Mr.. McMillin. Democrat of Tennessee,
said that there need be no fear that the
country would not continue 10 maintain
credit if the amendment involved
fifty millions a year instead of half a MIL
lion He would not vote to send the country
along a line he regarded as ruinous.
Mr. Hendrix, Democrat of New York. said
that every business man would say con-
tract to get gold at three per cent was d
good one.
MIR. Bland, Democrat of Missouria, said
that if the recommendations of the commit
tee were carried out we simply folloWed.the
dictation of foreign capitalists and surren-
dered our rights to coin money given under
the Constitution If this was done the Demo-
cratic party would be hunliliated and de-
graded as never before.
Nh. Springer of Illinois, said the only
question before the House was whether it
would vote to relieve the people of pay
ment of SIG, 600, 0O0 of unnecessary interest.
. a GREETING.
Mr., Kempin of Nebraska had read a greet
ing to tho members of the Peoples party,
which said conspiracy had been entered
into between the gold gamblers of Europe
and America to fastens-upon the people of
the United States burdens of perpet ual
debt. to destroy greenbacks, 10 strike down
silver money and to fasten upon the coun-
try single gold standard and delegate to
the banks control over the issue of supple
mental paper currency. The cooperation
of all persons favoring free coinage OF Sill
yer. and who are opposed to bonds was IN
yoked to meet the issue of the present day.
The. greeting was signed by the fifteen
Populists members of the House.
Mr.. Hatch quoted from letter by j. a.
Proctor, denouncing the last insolent de-
mand Of the goldites that the governme Mt
issue S50O,000.000 of gold bonds and retire
the treasury note circulation with the pro-
Ceeds, The letter asserts that whenever
this government agrees to pay that amount
or :tithe 20. 1T in gold. silver is doomed.
1t says the people rapidly driven to the
alter rnatiye of having shackles Of remorse-
less pIutocracy fastened on their wrists or
fight. 1t declares that unless halt is
called wo may expect to see the horrors of
a French revolution put on an American
stage and within the next decade.
Mr.. REEDS SPEECH.
Mr. Reed made an animated speech say
ing in conclusion: "Now do not let our in
dignation about the contract which we can
not interfere with, and which, perhaps. de-
ser, es all the reprobation it has received ;do
not let that prevent us from taking busi-
ness-like view of the present situation. do
not let us involve ourselves in policies
and things of that sort bullet Aus face the
situa tiop as it stands" tApplause.}
The previous question on the engrossment
and third reading and the passage OF the
joint resolution being ordered by the terms
of the rule, the first question before the
House was, "Shall.t joint resolution be
engrossed and read a third time" Yeas
and nays we're demanded and the roll call,
resulting, yeas go, nays ]67. The Speaker
| of the House refuses TO order the bill to the
| third reading and lhe bill is dead. A motion
! by Mr.. Bland to reconsider the vote just
| taken was laid on the table. The House
| then adjourned.