The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-01-31

Washington City. Jan. so.-The senator's
were late n arriving at the senate cham
Der today Hale. Rep, Ne. reported back
the urgent deficiency approprsati ton bill.
and save notice that he would ask 10 take
IL up tomorrow.
A oIi was passed providing for the ap-
I'o-htmsnt By the secretary Of war OF a
chaplain for the United States military
ac41emy. A committee amendment 70 the
Dill was agreed 70. making the president
tne appointing power.
MorriiI, Rep, VI, called Up the bill Cor
the pay yment 10 the widow of the late sam
eul r. Miller. justice of the suprene court.
OF a sum equal to the balance OF his salary
Tor the year n which he died Mr. Morrill,
explained that the justice had left only
house, encountered by a SO 60 mortgage.
and that the widows circumstances were
such as TO make the appropriation desir-
able. The bin was passed.
The resolution dlreeting the secretary OF
agriculture 10 execute the law relative
70 seed distribution was then taken up and
gorge, Dem. Miss. spoke in defense az
he course OF the secretary. Gsllinger.
Rep. y. r.. and Allen, Pop, Neb.. sup
ported the resolution.
The resolution gave way at o'clock to
the silver bond b.il. and Call, Dem, Fla.
Delivered his speech begun yesterday.
Mitchell, Rep. Or. followed in support of
the silver substitute.
Senator Mitchell on silver.
Mitchell said that the question presented
was whether il was necessary to increase
the bonded Indebtedness TO maintain the
gold standard, or by greater use OF sill
yer restore ii tc its primary place as the
money OF the constitution. Mitchell point
ed out that our foreign indebtedness during
the past twenty-five years had greatly in
a..
Ing the time there was a balance of trade
In our favor in merchandise OF si,763. 800. 600.
beside silver exports OF S3sf Sll ,625. and goll
exports OF s27i l90.72l. The cause" said
Mitchell. SIS that this vast balance Of trade
IN our favor during this period in mer-
chanGise. gold and silver has gone 10 for
eign lands. mostly TO Europe. 10 meet the
expenses Of freight charges in our carry
ing trade, 70 pay interest on our foreign
Indebtedness and the expenses OF travel OF
Americans in Europe. This is the manner
In which the debt has been created. and IS
constantly accumulating. and We are un-
able 10 meet the interest. much less the
principal. for the simple reason OF the great
depression IN the value OF our exports
since lS73.
There are. in my judgment. two RENE
dies 70 he applied: First. our shipping
laws must be amended. our merchant ma
rine must be encouraged and built up. and
We must become our owa carriers: and.
second. We must legislate TO increase the
value OF our export commodities. so as TO
enable us 10 meet, reduce. and, IL possible,
wipe out the debt which today makes the
people OF this country virtually slaves 10
the money lenders of Great Britain. We
must reduce our expenses. and instead Of
Issuing new bonds, stop incurring obliga-
tions abroad. and increase. If possible. the
value OF our commodities. including silver.
with which TO meet this Indebtedness"
Mitchell discussed at some length the
competition OF China anG Japan with the
United States. 'It is incredible said the
senator. that the people cannot be made
20 realize the great transparent fact. so
absolutely apparent. that the effect of the
operation Of the single gold standard is
to bring our laborers. our manufacturers,
our artisans and our farmers as well. into
direct and ruinous competition with the la
borers. the manufacturers and artisans and
the farmers OF every silver-standard sl-
ver-using country In the world. We have
as a nation proclaimed loudly and properly
and legislated vigorously and wisely
against Chinese immigration. but we are
threatened today, and especially is this so
with reference 10 the Pacific coast states
and territories. with an industrial foe,
mighty. desolating army, IN comparison
with which Chinese immigration is an evil
nliputian ia character. and this state Of
things is not only made possible by the de-
struction OF bl-metallisn In this country,
and by the practical operation OF the single
gold standard but Is actually generated.
warmed into life. promoted, encouraged
and sustained by the mono-metallic gold
policy" He said this was so. because the
purchasing power OF silver in all silver
using countries has not deprecated. II is
as great today as ever before. The pur-
al. krrf
this country, Is as great now az ever at
any time IN the past. The standard os
value Is silver. The silver yen Of Japan
and the tael OF China go just As far IN pay
ing wages. in tillng the ground, in the
manufacture of and in operating ulachin-
cry. IN her1ing sheep. in growing cattle.
IN manufacturing cloth. as they ever did II
any time heretofore. whereas gold In the
single gold standard. Eoid-usinE countries
has appreciated as measured in silver. 100
ver cent Their products. their goods.
therefore. are prepared FOR the market,
s,.en were there TO difference in the cost
Of labor in the two countries arising out of
diverse national and climatic conditions.
al illst one-half what & cost - produce the
same articles in the gold standard, gold
usfns- countries. What IS the resu}t2 Tha
Chinese and japanese. the people of South
and Central America. can AFFORD. without
trench.nE on their prof3ts, 10 sell the pro-
cuce Of their farms or OF their shops. q
their factories 20 the people OF a gold
STANDARD. e0ld-using country for just one
half the price in gold they would have been
cf nnucHtG 70 sell for II h-metallism had
been maintained ard the destruction OF the
rarsfv value between the two moneys had
rot been brought about by silver demone-
ttzatton Mitchell described the great IL
duztrfsi development Of japan
As to the bond bill as g came from the
house ne satds Il decline 10 give further
authority 20 the secretary of the treas
urv 10 issue additional bonds in time Ot
reaca First because I deny the necessity
for any sach additional issue. second. he-
,alss I am uualtershly opposed 20 furth-
er fDcrsase OF cur iEteEest-besrlnE public
debt. third because IN treoursg ginE addf-
tfonsL bond lss3es ar any rate % interest
l Relieve We are. instead of sustaining the
,,s,bfgr credit, bat fastening the rapid ap-
r-oach OF national bankruptcy. and.
f-srth. because am a Republican and ev-
e~v Republican convention OF every state
IN ire Union which has conyeu-d last year
has condemned in emphatic terms the pres
.-,t administration for issuing bonds and
thus Increasing the rational indebtedness
/ AT. unwilling under any plea o necessi-
~ 70 aid the party 10 which I belong IA
doing that which as a party u has eElphari-
cs4lly condemned N others"
Mitchell sail be Vas II favor % b.
-netall.srn. bus he 6sa 20t believe & could
- brought anout 5y st international