Abilene weekly reflector. [volume] (Abilene, Kan.) 1888-1935, 1896-01-30
ABOUT FINANCE.
SENATOR PuGH'S BOND RESOLUTION.
MsesrA ahsrnsn, Teller and German Speak
frsn 1hsir stasdpoints- Reports Com
eeralng Turkey and uba--iiouse
businsss Unlmportant.

fren Thslr Dtaadp oints- Reports Con-
seraing Turkey and uba-- House
buainsss Unimportant.
WARRINGTON, Jan. 23--The senate
session yesterday was marked by no.
table speeches and notable debates
Mr. Wolcott's speech criticising the
psesident's attitude on the Venezuelan
question was the notable event of the
early part Of the day. For an hour
the senator commanded the attention
Of crowded chamber and overlooking
gallsries
Two important reports were made
By the committee on foreign affairs,
one strongly presenting the serious
condition Of affairs in Turkey and
urging prompt action by the civilized
powers, and an adverse report on Mr.
Calls resolution calling for the official
dispatches Of United States consuls in
Cuba.
Lats 10 the afternoon controversy
occurred between Mr.. sherman, Mr.
German, Mr. Teller and others, which
led TO the most spirited financial de-
bate that has occurred since the pres
ent congress convened. Mr.. Sherman
spoke 1t length and with great earnest
ness, deprecating the thrustlng OF an
''old worn out issue" the silver ques-
tion-iuto the senate at time when
practical leeislation was imperative.
Nj. Teller and Mr.. Gormnn answered
Nj. Sherman from their respective
standpointa
The debate was precipltated by Mr.
Pugh, who succeeded In having his
bond resolution taken up. Mr. Hill at
once offered an amendment providing
that II for any reason silver coin shall
not b Ut parity with gold coin, the
United States bonds now payable in
coin shsll be paid in standard gold
coin whenever demanded Mr. Hill
spoke briefly against the resolution.
1t was, he said, Only recital OF an
cient history and he deprecated fur
Their confusion Of financial conditions.
Mr.. Teller followed on the financial
situation. At o'clock the Pugh reso-
luton was displaced and the bond sill
YER bill was taken up Mr. Teller con
tinuing his remarks, The senator said
that gold was now at u premium The
banks had practically suspended pay
inent Of gold. II was commodity
bought and sold just like corn or
wheat. But while the banks suspend
ed gold payments the treasury insist
ed on such payments. And this condi-
tIon had come without silver lcgisla-
ton.
Mr. Sherman arose as soon as Mr.,
Teller closed. The silver discussion,
said Mr.. Sherman, was purely a moot
discussion. No doubt there was a sir
YER majority in the senate But the
country had settled down to the ldea
'ha' 'reo snVor oo'"aEo "ou'u o'ius
Us 70 s'ngle s'aauatu ~ ,. s''se' ana a
wa unass'rao'e, ''a NO. ''a'e , ''ao
'akcn 'n,a poa'''on u,,, '"e "se ~ oV ~,
meea'S' 'ne n''nea'l'c sys,eni' Was ~
ing accepted as the best Under the cir
cums.ances,co ',' mr' o''e' ,u
tnrua''ng Vi 'a's wo.n oa' o'u l"99'
t'on cou'u my hope " s" . ~ wy
preseu. emergency o. '',e s,v ,,,a !,, ~
was apsolu'eiy cer'''', ''ia' v"'' si'so'
amenamen.' u pa''uu, . .,'' 10 .. ae
lected oy Inc mouse WY 'nns y op ~, ,,
the rei'el 'mpcra''V''s n a', " '"e
government" ine auno'o"os ,'ua
caused inc 'rouO'e' 'uo ."' mou ,n "ao
overcotne that deficiency, Such relief