New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-05-28

r1.KINs TRIES 70 DRIVE AN IDEA
,,,ro THE HEADS OF THE POPULIsTs

ON BATTLES
inv TELEGRAPH TO THE TRIBUNE.l
.n,ngton. May 27.-The success OF the
'..,ratic- OBSERVATION-DISCLOSURES Coinage COM
pv Yesterday, in saddling the Filled Cheese
, ,,stb a rider" putting an extra tax Oh ID
O barrel on beer. ale and porter proved
v d.v 10 be only temporary. Several Demo-
..o senators. Messrs. Smith, of New-Jersey;
u.. ~ Indiana; Faulkner, of West Virginia;
I"r - Florida. and White. Of California, cut
".o from, the combination and voted with the
n.,ubcans this afternoon 10 strike OH the
-" Mr. Duboiss amendment was conse-
lily beaten on direct vote by "a to 70 ana
". p4,,Ad Cheese bill was left intact as reported
.ha Senate Finance Committee. No final
Wv. oould be reached, however, In the morning
WV ora the measure went over again until to-
morrow. .-,a-
- MI, was taken up, read and agreed TO. AS
wv .. son. dozen matters still unadjusted In
"s.uo,ca-ncluding the question Of battle
S..s-a further conference was ordered.
mS. debate on the Butler Bond Sale bill was
-,,,.rsd by a frank and forcible speech from
". r,tins Of West Virginia. who denounced as
,.n.srous and foolish any attempt to restrict at
N-...rt the borrowing power of the Government.
-. ,,nosed the bill measure that might in
-...,r contingencies, be very embarrassing,
". light bring the Government to standstill.
~ executive. he argued. should have power to
..-,,,v money on some kind of bonds
nD. ,ou claim that the President has that
row?" Mr. Butler Pop, n. c., the au-
thor Of the bill, asked
~ ,.,m" Mr.. Elkins replied. that the Ex-
.,,,,v. has the power now to sen bonds"
..r. rsss revenue?" Mr. Butler asked
.I,,s, the revenue is In the Treasury" Mr..
r,t,s replied, nobody can sort It out and say
,,hat dollar came from revenue and what dollar
from the sale Of bonds
.no YOU want the next President to have that
noverr Mr.. Butler asked.
~ want him to have that power plainly. clear
~ and explicitly" Mr.. Elkins replied.
And that is the policy of the Republican
martyr Mr.. Butler queried
Mr.. Elkins-That is my policy.
81 suppose you are supporting the candidate OF
vour marty for President because you believe that
he will be a man who will take that position,
Mr.. Butler said.
"I hope ne will" Mr.. Elkins replied
"Jf the country knows that It never will elect
him." said Mr.. Butler.
After some further colloquy Mr.. Butler said:
when we elect Populist President next NO
yember We will have the mint thrown open 10
the free and unlimited coinage OF silver, stop the
drain Of gold on the Treasury stop the raid or
foreign bondholders pay the bonds according 10
the letter and spirit Of the contract in coin OF
the standard value which 1t had when the law
OF 1873 was passed
81 should like" Mr. Chandler (Rep, N H. OBJ
served blandly and gravely the Senator from
North Carolina to give US the name OF the Pop
ust President" Qaughter)
81 will tell the Senator" Mr.. Butler replied,
"the name Of the next President on July ~ next.
We will get 1t then from st. Louis by tele-
graph" UAughter)
81 do not think that we going to have
Populist President" said Mr.. Elkns but even
II we are. what would happen when you nave
Republican Senate and Republican House II
you repealed the Resumption Act? How
would you get money to run the Government!
As business men. taking all politics out Of the
case, how are you 10 the Government with
out borrowing money? II is impossible"
Live within your income" Mr.. Butler sug-
gested
1--WE cannot live within our income" Mr. Elk
ms replied And the first act of the next Presi-
dent of the United States will be to borrow
money. no matter who he Is. Why not look at
the case Just as II Is! Here we stand before the
world repudiating our obligations. bank
rupt government. There is a serious consequence
TO all this thing"
In the course Of a colloQuy with Mr.. Perkins
Rep., Cali Mr.. Elkins said: I'm the event that
Congress fails TO pass revenue bill, and that
there is no money in the Treasury what do you
want then? What do you propose? Do you pro-
pose that the Government shall die. shall starve,
shall go out OF existence. rather than trust the
President? do not know the reason for this
tagonism TO the President The President is
part OF the Government. and is entitled to the re-
spect, loyalty, support and confidence OF Congress
and the people And when you embarrass the
President in the matter Of borrowing money you
embarrass the Government, and when you en-
barrass the Government you embarrass the peo-
pie. want to have the power to borrow money
left somewhere in the Government.
Mr. Stewart pop. New gravey suggested
that in the discussion an old document OF some
Importance seemed TO be overlooked-the first
section Of which declared that all legislative
power dncluding the power to issue money! was
vested In Congress
What is the title Of the document?" Mr..
Mitchell Rep Ore) asked facetiously
II is formally known as the Constitution or the
United States Mr.. Stewart replied, put ~ APP
pears to be fabricated document as the whole
power TO borrow money is now In the hands or the
President Of the United States"
How can this Congress borrow money! Mr..
rAt Rep., Comm asked.
can pass law" Mr.. Stewart replleo au-
larizing the borrowing Of money"
., And that II what we have done" said MT:
fatt and that law Is what you want to repeal
We have not passed any law" MI stewart
s,spned, authorizing the borrowing Of gold There
no such law on the statute book. II Is a BALD
asNuMipation and the Administration knows IL
well And II has brought dire distress on TINS
mr. Gallinger Rep., n H addressed the Sen
I've IN opposition to the bill and In favor or
,,sesoiution heretofore offered by him. declaring
.h a' tne Widespread depression demonstrates that
'ne existing tariff does not produce enough reve-
, nue; and that revision OF the law Is impera.
wwseiyy demanded In he interest OF the people OF
~. United States. He made long speech IN
vase and advocacy Of the high protective policy.
AT Daniel Dem Va defended Congress from
~, charge made against 1t yesterday by MT
t14aasay Dem. KY that 1t had failed TO responu
me Presidents demand for the RELIEF or the
treasury. The only demand which the President
%soe he said. was authority to issue gold bonds
"a. me policy Of the President and OF the RepupIi-
AN party the Sangrado presoription-more
Sonos. more taxes and the organization OF Con-
srsss Into an established church, proposing to