The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1896-01-10
He Denounces the Gold Syndicate,
and Advocates Free silver.
FREE-COINAGE BILL HELD Up
TO GIVE THE PoPULIsT A CHANCE TO
RELIEVE HIS MIND.
Senator Bakers Arbitration Plan
Mr.. Wolcoffs Views on BimetaIIist
Sentiment I'm Europe.

WASHINGTON. Jan. s.-The debate on
the Senate free coinage substitute for the
House bond bill was again postponed to-
day owning to the Intervention OF Mr..
Stewart, the Nevada Populist. who insisted
on making a speech in favcr of the Elkins
resolution. amended by the Butler amend
ment, TO prohibit the further sale OF bonds
except by the express consent OF Congress
The free coinage substitute was called Up
at the conclusion OF MIR. Stewards speech
and now has the right OF way. so that the
debate On 1t can be postponed no longer.
Mr.. Stewards speech to-day predicted the
failure OF the popular loan proposition of
the administration. intimated that the loan
had already been underwritten by the gold
syndicate, reiterated the Senator's we'll
known free silver views and concluded with
an appeal for the financial as well as the
political independence OF the United States
When the Senate convened Mr.. Frye intro
duced a bill TO reconvene the delegates 10
the international marine conference OF 1859.
In presenting some petitions from Nor
folk, Va. in favor OF liberal appropriations
for seacoast defenses, Mr.. Daniel. of Vir-
ginia, called attention TO the alarm which
manifestly existed in the minds OF the peo-
pie along the seacoasts in view OF the III
mors OF war; He thought their appr=hen-
sions OF bombar1 ment were exa ggeratSd,
but expressed the belief that our sedcoast
cities should be adequately fortified 10 meet
any emergency.
A resolution offered by Mr.. Chandler was
adopted instructing the committee on ,nn
grafton 10 inquire whether any legisG; ion
was necessary to prevent the sntr o,luetlon
into the United States OF aliens imprIsGasI
by foreign countries in their American col
onies.
Mr. Cullom asked VI animous consent for
the consideration of a resolution authorizing
the supervising architect to S25.OVj Of
the appropriation for the Chicago pos.Jhice
building for the employment of an assistant
architect to aid In the preparation os tic
Mo-, expressed the opinion that $4,000 was
a. remuneration out OF all reason for an as
Wh1, Ia anu Silh anu . Air,
were to be given for the purpose OF aidiag
the supervising architects office ii should
not De given with special reference to accele--
ating the work on particular building Mr..
Palmer pointed out that this - .c.ai
case, the expense 20 come out Of the apJro-
priation for the Chicago building. Ii GEN
eral legislation was deemed necessary 1t
should be enacted in the regular way he
hoped that this special resolution would not
be embarrassed Without this appropiId
tion nothing could be done toward proceed-
Ing with the construction Of the building.
Mr. Berry objected, and the resolution went
over.
THE MONROE DOCTRINE
Mr.. Baker offered the following resoiu-
ton. enunciating expression of tile Mon
roe doctrine:
Resolved. That the United States VIII
gard IL as an unfriendly act fer any foreign
power. without our consent. by war, treaty
purchase or otherwise. TO extend is terri
torial limits in the Western Hemisohere On
either or the American continents, or 10 or
over ans OF the islands adjacent thereto.
which this country deems necessary for it's
seh-preservation. And the United States
reserves the right to be the sole judge IF
the necessity for the maintenance Of their
national entities. That the prinei2ie herein
preservation. which. from necessity, inheres
in and belongs to. every civilized nation
a sovereign and inalierable right, AMI this
principle is attested by Wash.ngton's fare
well address and President Monroe's menu
orable message of Dec 2, 1923
Mr.. Baker made a brief speech in advJ-
cacy OF the resolution. In conclusion he
said that, while the countries Of Europe
were arranging their policies and doctrines.
IL was right and proper that We should de-
clare 10 the world the policy which We ID
vanced and proposed TO I1ailt3in for tire
future peace and preservation invioiate IF
the Western Hemisphere.
Mr.. Call took occasion. before the rejolu-
ton was referred to the foreign relations
committee, 10 call attention to the war
which the Cubans were so CALAMITY and
successfully waging for Independence. and
expressed the hope that the committee on
foreign relations would report a resolution
for the recognition of the Cuban belliger-
ents
When the morning business had been dis
posed Of there was a clash as to the order of
procedure. Mr.. Stewart insisted on address,
ing the Senate on the Elkins resolution. pro-
hibiting the sale OF bonds except after adj
vertisement. 10 the highest bidder Mr..
Jones OF Arkansas In charge of the free
coinage substitute 10 the House bond bill.
wanted to proceed with consideration of
the bill according to notice previously given,
but. as Mr. Stewart insisted, Mr.. Jones
was compelled to yield.
STEWARDS SPEECH.
Mr.. Stewart in his remarks advocated the
passage of the Elkins resolution. as amend
ed by Mr.. Butler. prohibiting the sale OF
any bonds in the future except with the ex-
press consent of Congress- He character
tied the proposed popular loan of the ad-
ministration "cruel mockery" No
loan would be a popular loan unless 1t was
offered after the fashion OF the French
loans. He affirmed that 1t was not the in
tention OF the President to allow the people
TO get the bonds. They were to so as the
others had gone-to the syndicate The
President. said Mr.. Stewart, was merely
tantalizing the public with his counterfeit
offer OF bonds. The bonds We're to go to
the gold gamblers of the syndicate. 1t was
known that the entire issue OF bonds he
said, had been underwntten by the syndi-
cate that had oornered the gold In New
York Mr. Stewart denounced the attempt
10 pass ''an emergency tariff bl" which
could not become a law, and If IL could
would only result in unsettling business con-
ditions. The plain purpose was TO keep I'D
tariff agitation 10 distract attention from
the financial distress OF the people. Not
until we had free coinage of silver. said he.
would have financial independence from
the Rothschilds and the gold gamblers. As
long as the gold standard was maintained
IN the United States we would be in bond
TO Great Britain averaged about S5O.OO0e00
annually. Last year our exports exceeded
our imports by 800. 100000 This year the
balance or trade would be against us, and
n mai in,