The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1896-02-02
BY SEVEN MAJORITY
The Silver Substitute Passes the SEN
ate, AZ to 35.
1T WAS AN EXCITING TIME
In the Course OF Events Mr.. Mills
Changed His Mlnd-The North
west States Almost Sol for
the nIght-Ihe House.


by the venerable senator from YER
mont, Morrill,. who said the house
promptly responded to the presidents
message and supplemented IT with an
emergency tariff revenue bill. The free
silver substitute for the bond bill he
added. may not be the first time when
bread has been asked for that a stone
has been presented; hut it is the first
time a committee of the senate seems
to have perpetrated a practical joke al
most good enough for a clown of Bar
nuns menagerie."
The senator thought a deficient ma
tional income should not be less swift
ly remedied than an excess, saying:
THE presen; adm. nis,ration. however,
exhibits a bashful dinidence about ac-
knowIedging any deficiency in the rev.
enue derived from a tariff bercaved of
parents in Its early infancy, but with
hands behind them, they may quietly
rake whatever money congress may
place in their hands for the treasury,
where the outflow of gold has been 50
swift as to make even the heads Of the
keepers dizzy"
Referring to the assertion that
France maintains silver at par with
clustering silver party, and no silver
plated democratic party that are daily
striving to pull down their money stan
dard to t.hat of deprecated silver, they
keep silver to an amount of $3S6,0O0, 600
with s772,OOO,O0O of gold at a ratio Of
1872 to /. The United states has been
a friend and patron OF silver to its own
hurt. If our late investments OF nearly
in, ctI 11fnrfolIglV Y
improvidan: and Improbable. the dis
astrous results will appear as drop in
a bucket when compared with what
must flow from the enormity of the
present proposal to open all our mints
to the free coinage Of silver of all the
world"
Morrill, paid mis- respects as follows TO
the threats TO form new silver party:
"Some whispered threats have floated
in the air that the extreme silver men,
now fraternlzing here and at home with
the republican party, would band them
| selves TO gether on one dominant idea,
and, with auxiliary democratic aid.
hitch onto the tail of a great republican
measure at the first opportunity of
| some tinkling silver amendment, hop
ing thereby to secure a silver triumph
of a hybrid combination, although the
grand old republican party might per-
ish. But there IS little fear of these
eruptive threats; for, if carried out, the
riot act might be read at home to the
| offenders, upon whom public opinion
would not fail TO place its brand, and
whatever party might survive, not all
the garroters of the republican party
would be among its members.
Morrill, aid no rnra11'hlipan N "a rtV IN
tended to retain both metals in circula-
tion and the recent elections showed
the people had confidence in that paCty.
"The election" said Morrill, ''of repub-
lican governors in such states as New
Jersey, Maryland and Kentucky indl-
Gates the old wings of the South are
wheeling into line with their farmer
brethren ON questions which concern
their industrial prosperity. The repub-
llcan party at its earliest opportunity
will seek the cooperation OF leading ma
tions in the coinage of silver and viii.
in the meantime, aim to maintain the
integrity of business affairs and honor
of the country by the maintenance of
every dollar of money in the hands Of
the people, without depreciation, at its
full face value"
Teller of Colorado replied briefly to
the reference Morrill, made to the
cheapness of silver when coming from
the mines. He said the same could be
said of gold. The very remarkable
mines of Cripple Creek were turning out
gold at 25 cents an ounce. Teller re-
| farred sarcas.ically 10 the frequent
characterlzation Of the silver barons"
and sked what had become OF gold
barons." From this time forward rae
! speeches were brief. under the agree
! ment thai the five-minute rule of de-
bate should prevail.
Under this rule also the various
amendmer:s were taken UP for debate.
The first amendment was that Of
Butler Of North Carolina. prohibiting
the issuance of bonds without author
itv of congress, and also provided for
a method of redeeming greenbacks in
gold or silver according TO the huctu-
ations Of the ratio. Daniel and Gray
spoke against the Butler amendment.
urging that it would tend 10 disturb
the parity Of the metals.
Jones Of Arkansas pointed out that
the main purpose Of this measure was
10 secure the free coinage Of silver
The committee did not wish 10 comDli-
cate this main issue with collateral
questions. He appealed % the friends
of the measure 20 pass the free coinage
amendment without scattering their
energy by side amendments Teller
added his appeal IN the same line.
u ann sorry 70 see the friends Of free
c1iuag. weakening" said Allen. as he
proceeded ~ support the Butler amend
mont
III was useless 10 have free coinage. %
i-t.ryestsd Butler. unless the secr--
tary II the treasury was directed u
ca-ry out lis special provisions by pay
iu- obligations IN silver"
Harris Bacon and Cockrell all spoke
against complicating the main question
OF free coinage with the Butler amend