The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-01-23
MUCH TALK IN SENATE
Continued from First Page.

ed. would be rejected by the house. Why
thus obstruct the relief imperatively need
ed by the government? The deficiency
had caused the trouble. and the house had
offered an emergency tariff bill 70 over
come that deficiency. Such relief should
not be delayed and INSTRUCTED by thresh-
ing out an old, worn out suhJect.
Teller asked if Sherman thought the
bond bill would afford relief.
sherman answered that ne did The
government had suffered heavy losses
from selling 4 per cent. bonds, ana mis-
afforded an opportunity for per cent.
bonds.
keep up the sale Of bonds.
Sherman-As long as ii is necessary TO
meet the governments needs, caused by
the course of this administration.
In the meantime" continued sherman.
THE Republican party stands here ready
to do it's duty to pay the public dest, to
overcome the deficiency and to raise suffi-
cient revenues"
Teller referred to the selling OF bonds
for the purpose Of securing gold.
IF there had been no deficiency there
would have been no loss OF gold" said Sher-
man. The gold had remained In the treas
ury for years. but as soon as there was a
deficiency the gold began To 20, because the
gold was used TO pay current expenses.
This administration had caused a fright
about gold losses. The banks, 70 their dis
credit, Joined in the fright. The banks.
seeing the government using gold. adopted
the same course. Instead of maintaining
their reserve In notes, they drew gold from
their reserve. " In conclusion Sherman
said: LAS for as my voice can go. want
Il understood that this delay arises out of a
discussion OF n WORKOUT issue-the free
coinage Of silver-while we should be turn
ing our attention to the practical remedies
before u.s.
Teller responded with spirit. The sena-
tor (Sherman) and his associates on the Re-
publican side. he said, offered no monetary
system. They stood practically with the
president The senator from Ohio could
not get up and lecture him es urging a
measure that could not become law
This bond bin could not become a law. If
there was TO be 4 play or politics." il
would affect bond bills asrwell as silver.
German. Dem. Nd. answered Shernan's
statements concerning the treasury ad-
ministration. lie declared that the course
OF the treasury now was the same as that
under Secretary Foster and as far hack as
the administration OF Secretary Sherman.
Tae Democratic congress had enacted a
revenue law which would have afforded
ample revenue, but the income tax had
been wiped out by the decision OF the si5-
preme court OF IN United States. 1t was
an unforeseen event The question TOW
was not one OF party or politics. The SEN
ate aisle could not determine the elements
OF this great financial subject II was too
great, too serious question that senator's
should stand here bandying charges as TO
which party Is responsible for the present
condition.
A,drich and Lindsay Joined issue as 70
the political responsibility for the de-
ficiercy. At Us the senate adjourned IN
al tomorrow.
Nominat.Ons-Tgnaclo Zepuiviaa. OF Cali
foVnla, 10 be secretary or the legation at
the City OF Mexico; second assistant en-
gineers in the revenue cutter service. w.
Maxwell, OF California; II. A. Seymour. Of
Florida.