The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1896-01-14

Y. McKane had never got into the pen
until he Joined the Democratic party"
Mr.. Butler (Pop., n. CO also took up
Mr.. Hills Btatments concerning the
politics Of the south, and asterted that
the cause OF the defections from the
Democratic ranks IN the south was the
betrayal Of the party on the great
financial question" and the opposition
10 an income tax, in which opposition
the New York senator took a most &C
tive part. Mr.. Hill WIS again on his
feet at the close OF Ar. Buffers brief
remarks and replied sarcasticallY MF.
Allen Pop,. Neb.) sought 10 question,
Mr.. Hill, whereupon the latter created
a laugh by remarking. still another
Richmond IN the field;
Afr. Allen proceeded to say that the
Democratic senator's were divided on
finance, on the tariff and on the income
tax. Seventeen senators now sitting
on the Democratic side ought TO be set
ting on the other side, said Mr.. Allen,
Mr. Hill jocularly responded that the
Nebraska senator scattered worse
than an old shot gun" He pointed out
that II these gentlemen (Allen and But
Ier1 wanted an income tax they ought
10 proceed to have one; let them intro
duce a bill. Mr. Hill closed with
glowing tribute to the grand old Demo-
cratic party"
At 2 O'Clock the personal controversy
closed and Mr.. Morgan (Dem-) took the
floor on the silver bond bill. he REFER
red to the intriGues before national con-
yentIons and the wind-shRken plat
forms" OF these bodies In his 1udg-
rneut the emergency tarIh and bond
hills were constructed merely as part
az the platform to be laid before q na-
tIonaI convention next summer and not
with any purpose TO enact them as lzWs.
Mr.. Morgan criticised the financial
course Of Mr.. Sherman, while the latter
sat across the aisle giving close atten-
tfon TO the remarks. He referred 70 Alf.
Sherman es the Napoleon OF Finance.
But this Napoleon was rapidly nearing
his Waterloo and his exile at ST Helena
Ar. Morgan enumerated in detail the
financial burdens which the legialation
urged by the Ohio senator had imposed
on the people. They were evils which
brought misery, want and calamity To
the whole people. It had worked more
naIssries than those pictured in the
Anocalypse. His CMr. Sherman's) gar
rnents was one OF many colors, In Keep
ing with the variegated lines OF the
party to which he belonged. At the
present time the Ohio senator and the
President were together In their imam
cial Views, both equally oblivious 70 the
constitutional requirements that the
nnetaIs were to be on equal terms. II
was the Ohio senator who originated
the evil OF selling bonds to a syndicate.
Proceeding Mr.. Morgan said: The
sentor from Ohio Is the author OF I'VE
new measures Of finance that have
given the people and the government
more trouble IN handling the little rem
uant Of Sal6. .00O. 900 Of greenbacts than
n did to pay twelve billions OF annual
expenditures for the support Of the gov
ernment and more than three billions OF
principal and interest Of the national
debt that we have raised In the last
thirty years.
THOSE measures are the demonetiza-
tion Of silver IN 1874. the sequestratton
OF the gold reserve In the treasury IN
ISIS. the power given the secretary OF
| The treasury in 1880 to preserve the par
Ity between the metals. the power 70
seIl bonds at private sale and the power
10 enable private persons by contract.
10 dispense with the legal tender laws IN
their transactions.
Mr.. Morgan spoke OF the admission
OF the rich Jews-Baron Rothscniid and
Lord Beaconsfield-to the nobility OF
England. II was the tendency OF the
HoEId over toward EeudElism- Thai
EyEtera existed to-day as II has In years
gone by, concentrating all power and
wealth In the hands OF the feudal
barons.
The senator urged declaration By
Congress in line with resolution once
| offered by Stanley Matthews that the
bond would be paid IN money with
| which they were bought He SUGGESTED
| also that ten per cent rebate on cus.
toms duties to countries colninS gold
and silver on equal terms would make
New York Instead Of London the clear
ing house Of the world