The Roanoke daily times. (Roanoke, Va.) 1895-1897, 1896-01-23
ROANOKE, VA. THURSDAY MORNING. JANUARY q. 1896

corn or wheat.
But whilo the banks suspended gold
payments the Treasury insisted on such
payments. And this condition had come
without silver Liquidation.
b Senator, proceeding, said that
the gold element in the Senate snd in
the country had never yet presented Q
monetary system. The four Senators
representing the gold clemens on She
finance committee had never offered q
system.
Mr.. Teller ~srraigned the policy OF
Issuing bonds, with q view. he said, to
building up q permanent bonded debt to
be borno by posterity.
Mr.. sherman a.ose as soon as Mr..
Teller clos d.. Tho silver discussion"
said Mr.. Sherman, ''was purely q moot
discussion. No doubt there was q sill
yer majority in the Senate. But the
country had settled down to the idea
that free silver coinage would bring us
to o single standard of silver and was
undesirable. State after State had
taken this position. The use of both
metals, b bimetsllic system, was be-
Ing accepted as the best.
Under these circumstances" con-
tined Mr.. Sherman, "the thrusting of
this worn-out old question, which could
not hope to succeed in the present Con-
gfess-was unwise in the present omer-
gency OF the Treasury. It was abso-
lutely certain that this silver amend.
ment, II passed, would be rejected by
tho House. Why thus obstrucs the re-
lief ~inperasively needed by the Govern
meDt?
The deficiency had caused the
trouble and tho House had offered an
emergency tariff bill to overcome that
deficiency. Suoh reliet should Rot bo
delayed and obssructed by thrashing out
an old worn subject"
Mr. Ccckrell asked If Mr.. Sherman
meant TO say that the relief as proposed
WAS what the executive had asked.
Mr. Sherman said that 1t was not for
the executive to determine upon the
nature OF revenue legislation. That was
for the House of Representatives under
the Constitution. 1t WAS not for the
PRESIDENT to cay what was the best form
OF relief. l. waa sufficient that tn g
House of Representatives, the repre-
sentatives of the people, determined
upon o of revenue.
AT thia point there was o colloquy.
Mr.. Gray (Dem., Del. } asked Mr.. Sher-
man where his thrift bill was.
mr. Shermau-''I refer the GENTLE
man 10 tho Senator on his right Zones,
of Ark.)"
Mr.. Jones-"That bill is in the hands
OF O Republican committee on finance
In conclusion, Mr.. Sherman said:
"As fsr as my voice can go I want 1t
und erntood thst this delay arises out of
the discussion of An old worn-out issue
the free coinage o: silver-while we
should be turning our attention to the
practical remedies before u.s."
Mr.. Teller responded with spirit.
The Senator (Sherman) and his asso-
oiates on the Republican side offered no
monetary system. They stood prac.
tically with the President. The Sena.
tor from Ohio could not get up and
lecture him as to urging a measure that
could not become 8 law. This bond
bill could not become a law If there
was to ho o "plny of politics" IL would
affect bond bills as we'll as silver.
Mr. German (Dem., Md.) answered
Mr.. Shermnn's statements concerning
the Treasury administration. Ho de-
clared hat the course of the Treasury
now WIGS the same as hat under Score
tary Foster and as far back az the adj
minls!ration Of Secretary Sherman.