The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1895-02-15

Tar, I have Witnessed p<zsods o. xTeSf
ernoxsoo and szave nossced ssas q very
often kappeas II ghe Eks<wy OF usas Aozse
end this ccrntry that even taEngs which
see-n 20 BE very sesrrsng axsd ssrakiss ana
10 xrorseDa <rerrexAcus furzre are not
though. mach az q su<Tnisnt a<ser their
onour-~nce. aaunsx. Aorevef. She tzDcx-
.auce in marry wars az the proceeAngs OF
ehss house a. this tsnre- i sssn ne re-
salts were rot foregone concHssson-
wash rhers was something more than san-
grage seft 10 Us today But thai being
ali there realty II ~ stake. - ne gentle
men know. Il seems 90 me very Important
thai whatever we say acre WIZ have
.endency 70 et-e7gthen <he credit OF
4Fe sovernrneoe We are not through our
difficulty We have long nyouths la froElS
OF US before TIRE period OF recupe-a<son
sees In. We Ought not 10 say suyts1sng
or do anyshsnS which will make THAT
period of revival longer In coming Tran
s. ought TO BE- / therefore feel called
upon for my PARK to reinforce The re-
marks so ably made BY my friend, tbs
eerstieuszn from Illinois fcanDon). a. to
what the government has done n the past
with s1s bon.zs. she bonds today ought 10
stand IN Tn, front rank Of national bonds.
II honesty Of effort n payment OF the
same cousl count fo- anything In the Efs-
tory Of die country. The gentIemen say
We are AZ liberty 10 pay these bonds IN
something else beside the equivalent az
god. Wanetiler Wa are or Dot. the fact
remains that. urgei on by an memorable
Iaw. sse have thus far paid n goid or its
equsvsAens. and every man in this house
believes we sksaat do sd in the future.
lAppla.se.) Tina does not In amy way
mn atate a.aaESt aEybcdy's belief as to b.
xuetaiIissu1 whether international or ma
TionaL For men who are in favor OF the
free coinage OF salyer are so because they
believe free coinage OF silver would bring
silver TO . parity ws.h gold. Therefore,
al sides Of this hous~-in parties which
are recognized In the government Of the
couH1ry tsalugtser)--are agreed as 60 tsase
rexxt. And st Is a great pity We s.HoliSf
be In a condition 50 that anybody could
make any or4as~ charge. But disease
turns ready TO attack system waa1Sll
has been wasted by other diseases. or
by cold or exposure. Now. tine trouble
of cur situation IS that our body poaat.c.
cssr government, has been 50 reduced by
acter that cur expenses are not paid by
our income. tiiat the government OF the
United States Is for tho time running
behind.
Whatever severity Of criticism Is be-
stowed upon the present situation, a
greater severity OF criticism Is TO be be-
slowed upon the past. And this agree
ment, presented for the inspection OF the
IL ss-a L. stthr
the government OF this country for the
last two years. It may be Judge harsh
iy: IL may be that this precacament is
the result OF the unfortunate condition
in which the government was found; it
may be that no guilt attaches to this SIT
uation except so far as it is the result OF
causes which never ought to have been
ss, In motion However. 1t Is that con-
tract now present ed TO US for approval or
disapproval."
1T Is proposed continued Reed ito
reduce the rate OF interest provided in
this contract, provided We make the
BOMBS sold payable In gold That word
Is practically there now. as every ore
agrees" This resolution does not involve
the establishment OF a policy: 1t is simply
action ON a single transaction of the gov
all future transactions. bus he Reed) did
not believe the secretary OF the treasury
would attempt another such contract
after his experience with this The pol-
hey Of reaeemisg our outstanding obliga-
tons in gold was established by a Demo-
cratic administration The bonds
issued under the contract made by Sec
retary Carlisle were to produce gold.
Does any one imagine that gold will be
refused when they are redeemed? When
Secretary Sherman issued bonds for gold
he announced thai. being ISSUED for gold,
they would be redeemed in gold The
trouble seemed to be that many did not
understand this. They did not treat the
matter fairly when they spoke OF ii as
affecting recommendation or bimetailisn.
An action could not be sued. But Ike a
gentleman. 1t had IT'S honor TO preserve.
1t could not act dishoncgsibly.
Reed called attention TO the fact that
on Jnne =. 1850, Wilson. Bysaum Turner.
A2ntgonse-y and Tarsney, all OF whoqn
would ne found voting for the hin, hx,si
Votes FOR the free coinage OF silver A
great laugh eunvuiscd the house as Reed
prudtcefl this record. Tho gentlemen
from Maine frowned. however. and dis
claimed any intention of raising laugA.
Il simply mention thss' he said. "to
show this oonstraining influence OF those
In power" Uausyaserl
And every one who Is row voting ne
other way has been retired 20 private
hfe," shouted Wheeler. Renewe.l iauSh-
teri
n nations credit Is fts stronghold
concluded Reed. Disasters may hapr-.r.
a Democratic administration may occur
anything, In short, may happen, but the
most Important thing always is to pre-
serve the nations credit. and Therefore
We should not let our irsi.sna ton al rns
terms of tl@s contract swerve us frxcn
our duty"
Byaaum comha;tea the statement b,
Bryan iaaf the resolution would retire
s65,ua,oeo sn greenbaciSs. and said th,.
h'T'locraSfe administration wolri te ssis-
'aaret. however fercefy the waves beat
against x.
The debate was closed by Wilson. WHO
Animated that the Contract made by the
SECRETARY OF te1e treasury contained very
hard terms for ssc government. bat he
beloved these terms were the a-axt shat
eon13 ts obtained. But congress cotsgyi.
by giving the secretary OF the treasury
an hortty tn wr42e IN thes bond what sgse
contracting PARTIES thoZlght Should Be
tsere-alsalolgas Il agreed that raa bonds
wolS3G BE- redeemed In goisf~saTe 40 the tax
payers Sots4ooo a year. In conclusion, Wsl-
son s21d no matter ssaw members rrse-ht
algreF as 10 the einsncsaI oTssalons and acts
os THE secretary. no one 81 the house wao
Ia! known dare 20 question RS integ-
f3ty. This statement WAS heartily APP
ptaaseae}.