Bismarck weekly tribune. [volume] (Bismarck, Dakota [N.D.]) 1884-1943, 1895-01-18

enemy. Moreover, in spite of all the politi.
cal changes, it is today asserted that the
new senate will he even more strongly pro-
silver than the present one.
Senator Quay makes no secret of his in.
tentlon to talk the appropriation for COL
Letting the income tax to death single
handed and alone, or at least to talk till
the new senators to fill vacancies get here.
Of the three from the now half represent
ed states we were at first assured that two
would be goldbugs n one a silver crank,
next that one would be a monometallist
and the other two moderate silver men,
but now it is given out that all three will
be sllverites. The senator stands almost
alone, however, in his party on the propo-
sltlon to nullify the income tax law by
withholding appropriations. Such Repub-
llcans as Sherman, Cannon and others of
long standing experience protest that it
would be a very dangerous precedent. Mr..
Cannon says: The Democrats tried it in
Hayes time, went just far enough to
rouse anger and then backed down. II we
begin it-well, the Democrats have never
been backward in adopting our worst prec-
edents, and l fancy they would be like
shat fellow i'll Shakespeare who said, The
villainy you teach me l will execute, and
it shall go hard with me but ! better the
instruction.
1t is taken for granted, therefore, that
by the close of this session, if not before,
the government revenue will exceed it's
expenses, and the house committee on ma
val affairs is figuring on a considerable
surplus by December. This relieves the
Democrats of the heaviest pressure to
unite and pass a bill md leaves them free
course to run and be damniticd. How
wildly they a run, M how scattered
and how changed positions, is shown not
only by the nine diverse propositions they
have had to consider and caucus upon but
by the fact that so cautious and conserva-
tive an old southern Democrat as Judge
Culberson favors a plan which two years
ago would simply have annihilated his
party in the western states. He thinks all
the ~greenbacks and Sherman silver notes,
nearly $500, 600, 900, should be funded in .
per cent bonds, which could be used as the
basis of banking. A unique plan indeed
is that of Congressman Terry of Arkansas.
In addition to a tolerably liberal banking
law, he would enact hat any state or ter
ritory may buy silver bullion as cheap as
it can, bring it to the mint and nave it
coined into silver dollars OH state account,
provided that the amount in any one year
should not exceed 81 per capita of the
states population at the last census.
MIR. Terry's Plan.
my plan," said Mr.. Terry in the course
of a lengthy talk, gets rid of all the SUI
perfcial objections to the increased use of
silver. There is really nothing in most OF
them, and the main ones nullify each 9TH
er, but specifically and as presented to
the people they have a certain force. Un-
der my plan the silver kings would not
get the benefit of free coinage, nor would
the increase be rapid enough to disturb
existing contracts. 1t would supply more
money just about as fast as needed and, in
my opinion, would in time bring the two
metals to a parity. While the process was
going on the people of each state or terri
Tory would get the benefit of the differ.
ence between bullion and coin. Bette,
still, if the goldbug states disaproved Of
the system they need not go into it. Only
the states in favor of silver would the1
have it coined On account, and the gold
bug states could cut down the increase
one-half, if they liked. l have no doubt
however, that New York and Massachu
setts would take the seigniorage just al
promptly as Texas and Colorado"
The genial Mr.. Stallings of Alabam;
also has a plan which he thus sets fortl
in conversation. for he has not thought i
worth while to put it in the form of a bill
II start with the proposition that the ma
.tional banking system is the best thi
country ever had. AMI though a hr.t"