The Kimball graphic. (Kimball, Brule County, Dakota [S.D.]) 1883-1905, 1895-02-23
4 LIVELY SENATE SESSION
Republicans Make Vicious Attacks
on Cleveland.
Wolcott of Colorado and Lodge OF Mas
s~achusetts Make Hitter
on the bond Deal iinl
Defends cleveland.

Washington, Feb. 16.-Ntr. Stewart,
pop, Nevada, introduced n Dill to re-
store bimetallism. 1t was read the
first time, its second reading going over
day.
The concurrent resolution heretofore
offered by Mr.. Hill, dem, New York,
declaring it to be the sense of congress
that h policy of the government re-
1uires that it's efforts be steadily dt-
rected to the establishment of a sys-
TEN of bimetallism wherein gold and
silver may be maintained, at a parity,
was laid before the senate.
Mr.. Sherman, rep. Ohio, offered a
substitute declaring it to be the estab-
lished policy of the United States to
maintain gold and silver coin at a
parity according to their coinage ratio;
and that, If at any time. silver coin
could not be at a parity with geld coin
the bonds of the United States now or
hereafter issued which are, by their
terms payable ifB coin, shall be paid i'll
gold coin.
The discussion was begun by Mr..
Hill, who advocated his own resolu-
ton. and said that he wanted congress
to say to the world hat the policy of
the United States was not to maintain
the single silver standard, nor the sin
gle gold standard, but the double stand
ard, and that if there should be any
disparity between the two metals the
obligations of the government would be
paid In the hest coin in use. NJ. Hill
spoke for more than half an hour and
very earnestly. He was followed by
Wolcott, rep, Colorado, who said that
Mr.. Hill had been ''threshing old
straw The house. he said. had dis
posed yesterday-so far us this session
was concerned-of the success of the
issue of Endorsement of gold bonds.
The presidents wanton attack on the
credit of the United States," Mr.. VOL
cott declared ~passionately, "sias been
the most disastrous occurrence of this
generation. our nest was hefouled by
the man who should have stood for III
credit instead of against" Mr..
Wolcott said: 'The president en-
tered into a secret negotiation with
the R%othschilds of Europe, whereby he
should give them long bonds at excess
sive rates, to the discredit of our coun-
try and its finances. The 4 per cent
bonds. which had Just been sold to the
syndicate We're now selling" he said,
in New York at 112la and would be
selling within sixty days at 100. He
believed that the suffering and pow
erty which prevail all over the world
would never cease until silver as we'll
as gold was made the standard OF
value If" Mr.. Wolcott said in con-
clusion. there is anything that will
arouse the American people to the be-
lief that we can alone undertake the
management of our own finances with
out the help of foreign bankers, it has
been that disgraceful and d~ishonorable
dicker with the Rothschi1ds."
Mr.. Lodge, rep, Massachusetts, adj
vocated MIR. HIS resolution, the point
of which, he said, was hat every obli-
cation of the United States where coin
is named in bond, is payable iii the best
money-in gold or silver, as demanded.
AS to the recent arrangement with the
syndicate, he denounced it as 1.-The
lackest contract ever made by the gov
eminent of til United States"
Mr.. Hill replied to Mr.. Wolcott and
defended the president from the
charges made by the enato from Col
orado. Mr.. Cleveland had his faults,
Mr.. Hill said, but there was nothing to
justify the statement hat he had paid
a higher rate of interest in his bond
contract than he was compelled TO
pay.
AT 2 O'Clock the agricultural bill was
laid before the senate, but Mr.. Teller,
speaking ostensiblN on the bill, pro-
ceeded to make a financial speech.
General Deficiency Appropriation nni.
Washington, Feb. 16.-The general
deficiency appropriation bill-the last