The morning times., 1896-01-23
MUST Make CONCESSIONS
Senator Germans Way Out Of
The Financial Difficulty.
CANNOT IGNORE SILVER
Its Advocates Too Honest and Too
distinguished to He Ridden Over
Rough Shod, He Thinks-Interest-
Ing Debate Started by Mr.. Teller.
Many Others Join In.


Finance again occupied the attention of
the Senate yesterday afternoon.
The discussion OF the question began at
O'Clock and up until $50 was full of
| interesting situations. More than at any
time yet the temper of the Senate was
shown.
The debate was remarkable for two
things, the declaration or Mr.. Teller that
the Democratic party Is not alone respon-
sible for the condition of the Treasury, and
Mr.. Germans plea to meet the silver men
with concessions.
He thought the proper remedy had not
yet been suggested. He frankly admitted
more revenue was needed. and said the
only way out was by fair considerations
and fair concessions
GALLERIES WERE CROWDED.
The galleries were filled at an early
hour TO hear Mr.. Wolcott on the Monroe
doctrine. The crowds were SO well pleased
with the Colorado Senator's remarks that
they remained to hear the financial debate
This became so interesting that the crowds
concluded to make an afternoon of IT, and
they did
challenging some of Mr.. Teller's state
ments. The senior Senator was the first
speaker on the financial question, and he
occupied the floor over two hours. Mr..
Teller resented the attempt to bring him
TO task, and this started the ball. From
that on until the close the debate was a
sharp and interesting one.
Mr.. Teller. in concluding his remarks. said:
"A national debt is a national curse; and
when incurred In time OF peace is national
disgrace. And yet it is inevitable If you
maintain the gold standard. l CO not care
If you pass the House revenue bIll-which
you kDo W you will not-and do not care ir
your revenue exceeds your expenditure by
OO,OOU,CCO a year, you will sell bonds in
order to obtain gold. And this selling of
bonds will not cease until every available
gold dollar that can be put into bonds has
been so used"
MIR. SHERMAN UNDER FIRE.
At the close of Mr.. Telers speech a re-
sponse to il was made by Mr.. Sherman,
Rep, Ohio, who declared that the whole
trouble in Tie Senate grew out of the de-
sire OF debating an old wof;i issue-the free
coinage OF siver-instead OF applying the
remedy which the President asked for
which Republican House of Representa-
tives had cheerfully granted, and which The
Republican side OF tie Senate chamber was
ready, at any moment, to grant.
Mr.. Gray. DEM, Delaware. asked Mr..
Sherman where the House revenue meas
ure was.
Mr.. Sherman referred Mr.. Gray TO Mr..
Jones. DEM, Arkansas, for an answer TO his
question.
Mr.. Jones said that 1t was in the ia ntis of
a Republican Committee on Finance.
Mr.. Sherman-I beg pardon. The Com
mittee on Finance is practically a Demo
cratic committee. Any one OF the six
Democratic members of that committee
may authorize a report OF that tariff bill
at any time. One OF the members OF
that committee-I can hardly call him i
Populist tmeanfng Mr.. Jones of Nevadal-
has severed himself for the time being from
the Republican party and he choose not to
allow that bill to be reported unless
there is an additional provision inserted.
Mr.. Jones, Dem. Arkansas-Is there any
authority under law to sell bonds for any
purpose except to get gold to redeem
greenbacks?
Mr.. Sherman-I think not.
Mr.. Jones-There isnot?
Mr.. Sherman-No.
Mr.. Jones-Then in your opinion the law
is deliberately violated in every sale of
these bonds.
Mr. Sherman-That has been explained
over and over again.
The discussion continued and was further
participated in by Senators German. Dem.
Maryland; Hoar. Rep. Massachusetts: Aid
rich. Rep. Rhode Island, and Lindsay,
Dem. Kentucky. Mr.. German, atthe close
OF extended remarks. said:
MR.. GORMAN'S VIEWS
II will never agree. as a matter of
course, to vote for any measure which l
would regard as repudiating. in the slightest
ment in the past. If we have contracted.
as the executive branch of the government
has uniformly decided and as Congress has
never negativeG. that we are to pay these
obligations in gold, l would pay them in
gold. no matter how much it cost the people