The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-02-02
WILL SEE IT WELL DONE.
Teller Gives Notice That Hasty Financial
Legislat ton Won't Go.

WILL SEE IT WELL DONE.
Teller Gives Notice That Hassy Financial
Legislation Won't Go.
Washington, Feb. 1.-The financial
question again came before the senate
today as an incident to the considera-
ton of the pending District of Columbia
appropriation bill and Mr.. Teller made
an effective speech. In view OF Mr..
Tellers recognized position as an au-
thority among the element favorable to
silver, his statements are regarded as
having an important bearing on the
situation.
Mr.. Mcpherson gave notice that he
named tomorrow to call up the resoiu-
ton to discharge the finance committee
from further consideration OF Mr.. Sher-
mans bill to provide temporary means
of meeting deficiencies
Most Of the day was given to the con-
sideration of the District Of Columbia
appropriation bill without completing
it.
Mr.. Teller said that he statement
made by Mr.. German last night con-
tanned most remarkable declarations as
to the condition OF the treasury. The
statements We're so startling that the
country had not yet apprehended their
full meaning. Mr.. Teller read from Mr..
Germans speech to the effect that the
current obligations Of the government
were 500. 600 600 in excess OF the avail
able income. Only the other day Mr..
Vest had stated on the floor OF the SEN
ate that in a conversation with the sec
rotary Of the treasury the latter had
given assurances that revenues were
ample Off expenses
Mr.. Teller read from the presidents
recent message to the same effect as the
comfortable balances" but now. said
he, the senator from Maryland makes
the extraordinary declaration OF pres
ent existing deficit of 500. 0O0. 900 based
on his personal examination Referring
to the proposed new bond ssue Mr.. Tel
Ter said that it would be about as effec-
tive as pouring water in sieve And
these bonds are being put out when the
administration was claiming to have
ample revenue for expenses" MIR. Tel
Ter added with great force: The adj
ministration of our financial affairs
has never been in absolutely incompe-
tent hands. but If the senator from Ma
ryland is right they are in such hands
pow."
An interesting question arose when
Mr. Teller called attention to Mr.. Cor
mans declaration lst night that the SEN
ate would If necessary id revenue
measure to an appropriation bill. Mr..
Teller suggested that the Maryland SEN
9IOr must nNe ONeriOohcO q SoiiStitd-
tional prohibition to adding general
legislation for bonds or currency or
otherwise, to an appropriation bill
Mr.. German rose to say that he had
not intended to state that general
revenue measure could be added TO an
appropriation bill. He fully under
stood the constitutional inhibition He
had intended to use the expression
money amendment" to an appropria-
n
amendment"
Mr.. Teller said that he was ready to
join the senator from Maryland and
in any reasonable plan to meet defici-
encies if they existed. But this could
not go to the extent OF tearing down
our whole currency system.
Should not this congress enact some
financial legislation of a radical char
acter?" asked Mr.. Hill.
Yes and l have been trying to get
such legislation for several years." ans
wered Mr. Teller, but the remedy
would suggest might not receive the
approval Of the senator from New
York"
Mr. Hill-As we seem to agree that
some radical legislation Is necessary.
why can't we get together and endeavor
to secure it?
Mr.. Teller-And what shall the leg
islation be? Think OF the condition we
are in. The administration asserts that
no more revenue is needed. The sena-
tor from Maryland asserts that great
increase Of revenue is imperative. l be-
lieve the judgment of the senate is
with the senator from Maryland but
what assurance is there that a rsolution
agreed on by this senate and the house
will receive the executive approval
After strongly presenting the distress
following the demonstration OF silver
Mr.. Teller closed with a brilliant peror-
alton which drew forth a burst OF ap-
plause from the senators about him and
from the galleries. 1t attracted close
attention not only for its fervfd style
but for the warning the senator gave
that he would to il that no nasty Leg
islation was enacted.
II realize" said he in closing, that
critical period has been reashed- l
realize that the agencies OF wealth ana
high position are against us. But am
not craven enough to be frightened by
the contempt that may be heaped upon
me when ! say I will see to II that so
far as this session is concerned there
shall be no hasty and weak legislation
that would carry out the fell purpose
now being attempted"
The bill was then passed authorizing
the FL Reno bride company to construct
a bridge over the South Canadian river,
Oklahoma
The senate held brief executive ses-
sion and at 6 o'clock adjourned.