The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1895-12-28
sion of the silver or other collateral ooes-
tons.
Mir. ptngley In answer to many Ques-
NnnA claimed that IL I Nnr cent bond

Mir. ptngley In answer to many CUES.
would se taken by the people Cpl much more
quickly thsn a per cent bona on
per cent basis lie said the people as a
Mr. Turner, Gem, Ga.i epened for tho
minority. lie commended. that the fault
did not lie In any deficiency In the revenues.
aanoiai system for which the demo-
cratic party was In no wise responsible.
The fundamental evil was the existence
IN our currency system of the enormous
mass OF uncovered naror money which
the supreme court had held 10 be valid.
lie charged the republicans with shiiuns
their position on the currency question rs
they did yesterday on the tarin ,1ues-
ton, lie pointed ont how the republicans
IN the past had dcmonc,iYed silver and
had passed an act -or the resunpt,on OF
specie payments which contemplated the
total retirement OF the crcenbacks, Now,
sough, to curry favor with the silver
sentiment and they dared not retire tho
greenbecks to which they had once been
This hi would prove inadequate. Tho
gentlemen on the other side spoke OF what
they were doing to MD the administration
Yet, with all the ostentatious magnanin-
ity, they refused the democratic side.
which was supposed to. he to some ~
tent In harmony with the executive, the
poor privilege OF Offering a remedy which
the administration believed would be ef-
fective. our paper money SHOULD be re-
tired.
MIR Turner was very earnest IN his pro-
test against temporiging with the Atua-
ton. II would only prolong md Intensity
the diligently, Any settlement on me
most hcnencient effect here and uphold
our securities abroad,
Mr Turner affirmed most positively that
the secretary of the treasury, by eNcrcis"
Ing the option of redemption in silver,
could prevent raids on the treasury, but
he now believed such course would
preelpi,ate II crisis. a convnlsion such ns
we have never had. that would shake
| public and private credit to its founda-
items.
MIR. Grosvrnor Rep. ohio said that the
adpissabilty OF the passage OF the hill
ust be considered In the light of events
which called II into existence.
MIR. Patterson Dom, T"nn) attributed
! the financial disaster that had over
! whelmed the country TO the want OF con
/ iihence In currency system which car
| ried $500 900 001 of silver and sSl6,0oo 100 OF
greenbduclts on the btss Of gold re-
! serve of tio1.0no.000. single declaration
! invlolato the gold standard OF value would
/ do mere than anything else to restore
confidence, lilo r'dlculed The IDEA q pass pass,
| Ing a hill for an authorization OF coin
bonds at such u time, -
! Mr.. Swanson Dem. Va) crttcisod tho
methods by which tho tarin bill of yes
Mr, Lacey 0Rep', Iowa, spoke in favor
| Of the bill
Mr.; johnson Rep.. Cal) MAS n, thc n n.,
| republican TO oppose the hill HIS hrst
sentence created a mild sensation.
"AE a republican" began he, II want
! to give come reasons why all my col
| leagues should oppose this most inquitouS
| bill"
lilo declared TINT It was contrary 10 re-
| publican principles,
After some further remarks ny MT
johnson Rep.. N. ID In favor OF the bin,
! and MIR Wheeler Uem.. Alal against It,
the house at O'Clock recessed "ntii
| O'Clock
Mir Wheeler, tdem., Alal who Ind tho
sumcd the thread of his argument
against the S9Id 'i ans q, "nf AR pea
dem. Ala.) followed with 4 similar arsu-
! mcnt.
Mr.. Wilson rep., Idaho, gave his reas-
org for refusing TO act Win ms repnp
| lican associates. The strongest ana pest
| reason that II was not n republican
measure The demand came from the
| stock jobNers Of wall street whom the
| title OF gambler would dignity;
Mr.. Daniels dem. NJ y hdVoca'eu
Mr.. bowers, rep, C"la.) IKE his col
league. Mr.. Johnson. opposed the meas
MIR. Gibson rep.. Tsnn) supported ,he
Iii. lie defled the Hottchilds md he
syrdicatcs of Europe ana America nn
| was not voting for the blli 70 I,VhS, I'LL
| but sustnin the credit OF the ihiteu
Mr. Northwsy. trep., ohio) asked why
| the democrats who were now ppp'HnE
the bond issues had not rsprnica lhe
authority to issue bonds In the last con-
Mr. Tarsney, dem, MOI, charged The
republicans with Sinking their reSpohSi-
Mi Nj henderson, rcp. Iowa) supported
the bill. ..,,,.,a, e..
debate with n brief speech against the
adjourned untll tomorrow.