New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-06-03

X
ina talking in circle. He Mr Aison) had
begun his remarks. he said by the observa, ,
that there Was no power or bonds And he
had argued in vain If he had not shown that me
H Se rreenb a noe D CON- and not
fiat money. The United States he said. coud no,
open It's mint to the coinage Of silver at IL 20
without becoming monometalc silver nation ne
believed IT the height of unw.sdom for the United
Shessvs tq q sa as Wo tn the ff
silver by the United States alone ana the opening
at l6 TO before the Senate. he expected 20 vote
Mr.. stewart pop New congratulated the Senate
on having made progress today IN lhat the 9eha'Ha
$50 long as they are at parity" Mr.. Allison in
What does that mean" Mr.. Stewart asked:
THE statute says coin. 1t docs not say silver
coin or gold coin. but coin. And If the Secretary
of the Treasury would exercise that option the gold
gambler would present greenbacks for redemption
OF that option would stop the expiration Of gold
from the United Statfs Just o as the same d means cans
many As to the House not passing the b: Il
cent 10 1t by the Senate let the House ne SAD,
refuse to pass it. and e, the people know who were
responsible for its faillre II the Republicans In
and Morgan. let them vote against the bill but
let the Senate. with majority opposed to bond
deals and opposed to wreckng the public credit.
DO Its duty and pass the Oil.
AN APPEAL TO SOBER SENSE.
Mr.. Chandler 1Rep. y. h expressed the hope
that the bond bill would not pass. But he was
afraid that there small majority In It's favor.
He hoped. however. that the sober sense Of the
Senate would assert itself and that the Senate
would not. on the eve of adjournment. repeal the
President and the Secretary Of the Treasury TO
protect the National credit and the public honor
during the sin months. Neither his fiery
friend from North Carolina (Mr. Butler his
stalwart friend from Nebraska tMr Allen claimed
laid a fraudulent hand on dollar belonging 10
he Government The President and the Secretary
nO' he men a
But while Sena ors would be at their homes the
President and the Secretary Of the Treasury would
represent the power and credit and money of the
power. and he wished to have left with them every
scrap of power that they now had under the statue
TO preserve the credit of the Nation
Chandler said, would vote their confidence in the
President on this question; and he asked Senators
Senators. ne said. should rise above party and say
TO the people Of ne country and of the world that
the law which enables the Executive to protect the
honor and credit Of the United States shall! not be
. ctr. K down ,, BY their yOtes 1t seemed strange
President needed defence at Republican hands
were afraid to trus, him with the powers given to
him by the statute TO protect the honor of the
Before reaching the serious par, OF his speech Mr..
Chandlcr had charged Mr.. Butler with EXPRESSIONS,
boodsheS in the Popaiss aid not have their h
way That meaning ascribed to his language was
a Ess to 2sG5hsd II M Busr
tors I'm language so Vie and abusive that he (Mr
Chandler> would not dare TO take the responsibility
read the paragraph. explained that. it was not an
eiora oGr was srr an abstract Of Congressional
would see 70 it that such thing did not happen
ton and denial Of the a' charges ha IN
PLEDGED to Vote for M ana for ne .onaa
money: although he had been known 10 be hostile
silver Thc story he sad had been gotten '1 up BY
Alr Tomlinson the Editor of THE Argus and
In
Mr.. Teller Gep... Coli advocated ;he, bond blll
the Of s he h a senate na
the REPRESENTATIVES OF the people in the House
said, taken to day by the Senator from Iowa Or
ton Min great Office and BY the Senator from
New-Hampshire (Mr. Chander).
NO DOUBT WHERE MKINLEY STANDS
In reply to a remark lnterjected by Mr. Allen Mr.
Teller said that he did not think the gold peo-
pie need have any fears of Mckinley; and ne did
not think that they had any fears o: him. either
when they saw the declarations made by his friends
and when they studied his record He did not think
that there need be any disturbance on their part
as to McKinleys attitude or the money question.
Mr.. Teller discussed the money question at great
length attrbuting the depressed condition OF trade
ana business and the disturbance IN finance 70 the
States and other gold-standard countries. Re
said that Nh that Senator S %a proud S S
ship Of the Senators from Ohio (Mr. Sherman and
his character for zeal for silver in the North
west c dhs SILVER question he declared was
e S9ss efforts had been made by
POLITICAL parties TO decr for the s H 'WS
sna ra Vas sSa nni args sum Of Money hs
been no secret about it. 1t had been proclairned
" In conclusion ST. Teller said. "wha, the Repub
SeeSe b hat sa fnS sn9q n of the pSc ~
public sentiment OF the plain honest people 10 know
gold standard inscrlbes on its banner defeat
a CALAMITY WORSE THAN WAR.
Mr. Burrows Rep.. Mich) made an argumen
against the bill Without the power to sell bonds
ne said gold redemption was absolutely impossible
the gold received revenue only amounted to
per cent of the whole Even If silver used fo
redemption purposes, there was not enough OF tina
for any considerable time. II the bond bill be
came law. therefore the suspension Of specie pay
ments would be absolutely inevitable. Before
would vote for this Dill" Mr. Burrowc exclaimed
had gone down in the awful storm Of war Rattle
mat h1h h 10 haYs f b aar ld nsvey
my hand 70 remove the last prop that sustains IN
pgS' f Paf o. Dem ''Hgy argued ssan. the
saving that the streSt Of It's passage would be
say up of fAf the eu9S % 10 fs
money 70 maintain the public or. credit IT, rocooo.
the Sill ard 5msndmepSis me FRS ac
Rsp r. eS es Grfa 9if thy BY ME-
mefsehcy for The issue Of bonds to preserve II
public credit and to meet the obligations OF tn
United States.
Mr. Alien pop. Neb) moved to lay the amend
ment on the table. and that motion carried
yeae, 81 nays q.
ar Adrch then moved an amendment declarin
that nothing in the act shall be construed to I'm
pair the obligation of the United States 10 redeem
coin outstanding United States legal note
and Treasury notes. 10 restrict or lessen the az
thoritv Of the Secretary Of the Treasury to obtai
he necessary coin for the purpose OF such redemI
Wr Mills ()em Tex moved to lay the amen
ment on the table and the motion was agreed 10
MIR Hin Dem, y. " offered an amendment thu
the Secretary Of the Treasury shall not reissu
United States notes when redeemed This was ais
laid on the tab.eyeas. 49, nays l2.the nesati;
ner Hi Lodge Mitchell (Wis). Palmer. Plat
va andy