The evening herald. [volume] (Shenandoah, Pa.) 1891-1966, 1895-12-28
THE BOND BILL OPPOSITION
1t Succeeds in Delaying the Vote on the
Proposed Measure.
SECRETARY CARLISLE'S POSITION
He Declares That Neither the Temporary
Tariff Bill Nor the Bond Bill will Bring
Permanent Relief May be Forced
to Silver Basis

WASHINGTON Dec. 2S.-The house yes
terday entered upon the consideration of
the bond BILL which, in connection with
the tariff bill passed on Thursday, consti-
tute the relief which the Republican house
of representatives offers the Democratic
executive to meet the existing financial
situation The bill aroused the united Up-
position Of the Democrats and Populists,
the gold Democrats being arrayed against
IL because they claimed it did not give the
secretary the authority toissue gold bonds,
with which he desired to rcplenish the re
serve and the silver Democrats on the
ground of their general opposition to bond
issues. The latter cOntended that the raids
on the treasury could be stopped if the
secretary would use his discretion to re
deem notes in silver when the reserve was
threatened
In the Republican ranks, also, there de-
velOped such bitter opposition to the bill
as originally drawn, and to the PROPOSE
tion to force the bill to a vote, that the
Republican members of the committee on
ways and means incorporated in it an
amendment specifically declaring that
nothing in the act should be construed as
a modification or repeal of the act of 1873
for the reissue of the greenbacks when re-
deemed, and the committee rules ex-
tended the limit of debate until today at
o'clock, but declined to give the members
the house opportunity to offer amend
ments These concessions probably
brought few of the fractions Republicans
into line how many today's vote will
show
Eleven Republicans went over the party
traces yesterday on the adoption of the
rule. This, it is stated, does not represent
more than one-fourth of the opposition to
the measure itself. The feature of the day
was strong speech from Mr.. Johnson,
California Republican, appealing to his
Republican colleagues to vote against the
bill. He scored the Republican leaders
for bringing in the bill. He said he had
voted for the revenue measure under pro-
test but he refused to follow them on the
present bill Political expediency which
involved a surrender of principle, he de
clared, would never succeed.
The debate ran far into the night. The
principal speeches were made by Messrs.
| Dingley, Grosvenor, Turner and Patter-
/ son.
The senate was enlivened by a spirited
and somewhat personal debate in which
| Mr. Hill, of New York, and Mr. Teller, of
| Colorado, were the principal figures. The
| New York senator preCipitated considCra-
tion of the bond question by offering a
resolution declaring that the future bond
issues to renew the gold reserve should
bear a provision that they would be pay
| able in gold or silver at the option of the
holder. In support of this Mr., Hill read a
speech setting forth the difficulties of ne
gotiating bonds under the uncertainties of
the present law, and he branched out in a
general discussion Of finance, among other
things urging the permanent retirement
of the greenbacks, in accordance with the
recommendations of the president and
secretary of the treasury.
Mr.. Teller's reply to Mr.. Hill was cut
ting, sarcastic and personal. He repudi
ated and protested against the efforts Of
the president and all his tide walters tC
defame the credit of the United States
He spoke of the recent visit to Washing
ton of a great New York banker one o.
those who had participated in the dis
honorable or imbecile bond transaction
of last year.
The galleries We're crowded during the
debate and the senators as we'll as spec
tators keenly enjoyed the caustic tilt. Mr.
Allen, Nebraska Populist, added his pro
test to that of Mr.. Teller against the defa
nation Of our national credit No final ac
tion on the Hill resolution was taken.