The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-01-31

America. can afford, without trenchine
on their profits to sell the produce o
their farms, or of their shops, of theil
factories to the people of a gold stand
ara, gold-using country, for Just one
half the price in gold they would have
been compelled to sell for if bimetalllSn
had been maintained and the destruc
ton of the parity value between the two
monies had not been brought about bl
silver decentralization"
Mr.. Mitchell described the great indus
trlal development of Japan. AS TO tnt
bond bill as it comes from the house. he
SAID. L decline to give further author
ity TO the secretary of the treasury tc
issue additional bonds in time OF peace
FIRST, because | deny the necessity Iol
! any such additional issue; secondly, be-
cause l am unalterably opposed to.
| further increase of our interest bearing
public debt; thirdly because in encour-
| aging additional bond issues at any rate
! of interest, 1 believe we are, instead OF
sustaining the public credit, but hasten
! ing the rapid approach of
NATIONAL BANKRUPTCY;
and, fourthIy, because am Republican
! and every Republican convention of every
state i'll the union which has convened
in the last year has condemned in en-
phatic terms the present administration
for issuing bonds and thus increasing
the national indebtedness.
L am unwilling under any plea OF ne
ceSSity to aid the party to which l pc
! long in doing that which as a party 1t
has emphatically condemned in others.
Mr. Mitchell said he was in favor of
bimetallism, but he did not believe it
could be brought about by an inter
national agreement. He did not believe
that those who were talking of an in
ternational agreement expected that
such a result was possible. He was IN
favor of Independent bimetallism as
- If init a
tionaI agreement. He did not be-
lieve that England, as long as
she could controy Germany and other
countries, would consent to an inter-
national agreement
PERKINS SUPPORTS IT.
Mr.. Perkins Rep. Cal) spoke brief
Iy in support of the silver amendment.
He and other senators faVoring the
measure had been accused in the metro
politan press of misrepresentation
their constituents, for, it was asserted.
California was in favor of the gold
standard Mr. Perkins controV erted
this assertion. The last Republican
platform in California had q plank de-
claring for the free and unlimited
coinage of silver. Resolutions were
passed by the California legislature in
structing the senators from that state
to support the free and unlimited
coinage of silver. The people of Cali
fornia had made up their minds on This
subject, and knowing this universal
feeling in his state, the senator said he
would cast his vote for the silver
amendment, thus executing the in
structions given him, even though his
personal views inclined to a more con-
sentative course. He would prefer an
ton, first coming the product Of Amer
lean mining.
Mr. Stewart of Nevada, interrupted
with the question, evil the senator
support the free and unlimited coinage
Of silver at the ratio OF Is to / indie
pendent of England?"
yes, I will vote for this measure,
answered Mr.. Perkins. although I do
not regard it as entirely expedient at
this time. I viii respond to the de-
sires Of the people Of the state I have
the honor in part to represent"
Need of Tariff.
Mr. Perkins proceeded to urge the
need of a tariff measure adequate to
meet the country's expenditures and
to overcome the defic5t. The senator
also approved the popular feature of
the bond call. He pointed out, how
ever, that no city west of the Missouri
river could take bonds without paying
the exchange between San Francisco
and New York. while eastern cities
could buy direct of the sub-treasuries
without paying exchange.
Mr.. Perkins said it was an unwar-
ranted discrimination against the
west, in strange contrast with the
or of odn
the mines of California
At AIS. when Mr.. Perkins concluded,
an animated discussion arose as to TAX
ing vote on the measure.
Mr. Villas of Wisconsin took the floor
for a speech. but stated that he pre-
ferred to go on tomorrow.
1t was expected that Mr.. Jones of
Arkansas. in charge Of the bill. would
insist on proceeding, but he said he
would yield for an executive session.
He added:
Il do this. being satisfied from
conversing with senators that there
will be no difficulty in getting a vote
on the bill in the very near future"
HAS the senator abandoned the
present plan?" asked Mr. Chandler.
I'VE had understood that he would in
sist on proceeding. Will the senator
indicate his purpose?"
TO-DAY OR TOMORROW.
Mr.. Jones explained that he con-
sidered 1t desirable to take recess
until noon tomorrow and then go on
without the usual morning hour.
Does the senator expect to vote to-
morrow" asked Mr.. Chandler.
Tomorrow or the next day." replied
Mr. Jones
''But will the senator from New York
chin consent that a vote be taken
then?"
Mr.. Hill smilingly suggested that he
was not just then being polled.
Mr.. Chandler proceeded to explain
that he was ready for a vote and
would gladly assent to any new ar
rangement if the distinct consent of
the senators could be secured. If the
present plan for a vote was to be
abandoned, then some definite new plan
should he offered.
Mr.. Jones answered with spirit that
the bill had not been abandoned. He
had merely adopted what he consid-
cred the most expeditions plan.
FORTY MINUTES.
At this point Mr.. Morrill, (Rep. VT
announced that he desired to speak
on the bill for about forty minutes on
Saturday. This necessitated a further
Encouragement oE plans. Mr.. Jones
courteously suggested that he would
certainly shape his plans to afford Mr.
Morrill, every facility for speaking on
the day desired.
Then it appears that it is not ex-
pected that a vote will be taken tomor-
row." INTERCEPTED Mr.. Chandler, ''for
surely the senator (Jones) would not
grant this courtesey to the senator
from Vermont (MorrilD on Saturday
after the voting on the bill on Friday"
Mr. Stewart Of Nevada c,7cypectad +1oot