The herald., 1896-05-23

5e...srior h,,I EVERY one of those five
-arators will be a credit to the nation"
Mr- Hill now resumed his speech. lie
said the senate, as at present consul
tuted with a large-he would not say
an unscrupulous minority in the Re-
nublican party, willing to put silver in
front of everything and with the DEM
ocratic side divided, would find II I'M
possible to frame a tariff bill A non
partisan tariff bill was an imposslpli-
..If were the president of the United
states" he said, (which from political
nrosnects IL looks as if 1 never would be
I should take the last dollar from the
treasury to see that the pledges of the
government would be kept, and mis-
fudge the character and force OF the
present executive if he does not pursue
this course"
Mr.. Hill yielded here to Mr.. Baker,
Republican of Kansas. He said the Dill
was a mischeviouS one. he referred 10
the refusal of the senate to pass the
Dingley tariff bill and warned the SEN
ate against depriving the government
of its only mode of securing the means
for conducting the government. He said
the passage of the bill would fore
shadow panic, reputation and possibly
revolution. 1t would be the greatest
crime of the nineteenth century.
Mr.. Teller asked Mr.. Baker II ne ap-
present administration.
Mr.. Baker replied that he would have
favored the passage OF Sucn Dill as
this when he first came into the senate,
Joined with the silver Democrats ana
Populists to prevent the passage OF
bill to secure an adequate increase ol
the revenue he had concluded that there
was no possibility of securing legisla-
tion that would give sufficient revenue.
In view of this fact he believed 1t wise
to retain the only vestiee OF authority
left for securing money.
At 2 o. m. the chair laid the regular
order of business before the senate, but,
by a vote of 90 to 27. the senate decided
to continue the consideration of the
bond bill.
Mr.. Hill closed at 3 o'clock and was fol-
lowed by Mr.. Hawley. Republican of
Connecticut, in short but impassioned
exhortation against the prohibition.
"If this measure is passed" he de-
cared, at will be one of the foulest
blots-the foulest blot and the only one,
on the history of this honorable body.
This is reputation. This is bank
ruptcy. this is anarchy and infamy, eX-
claimed Mr.. Hawley.
Mr. Mills. Democrat of Texas. sup
ported the bill, characterizing the
speeches of Hill and Hawley as the most
remarkable he had ever heard. arguing
as they did, that the government must
issue bonds to raise money to pay the
ordinary expenses of the government.
He ridiculed the idea of reputation.
If more revenue was requisite then
this congress would give it; if it did not,
then the next would. The people would
insist on having sufficient revenue for
the government.
Mr.. Mills expressed his amaZement
that a Democratic leader( referring to
Mr.. HilD would rise here and argue for
bonds. The senator (HilD wanted
monumental national debt as a pedes-
tai for a national bank control of all
money of the country. Mr.. Mills said
this greed Tor bonds came naturally
from the representatives of the money
centers of the east. 1t was demon
oralizing American Democracy.
Mr.. Mills announced that when Mr..
Sherman brought forward the filled
cheese bill he (Mills) would offer an
amendment to raise the revenue for the
government. 1t would propose an in
ternal revenue tax on Iron, STEEL lead,
zinc, flax, hemp, jute and other arti-
cles. These received protection and
he would as the protected industries
producing the articles to pay something
into the treasury.
Mr.. Stewart of Nevada spoke in sup
port of the bill
Mr.. Lodge, Republican of Massachu-
setts, spoke briefly and forcibly against
any action which would create alarm
and panic to business.
Mr.. Clark, Republican of Wyoming,
said he would vote against the bill if it
meant anarchy or reputation, but he
denied that 1t had such purpose and
declared 1t was merely a step to restrict
the executive in its present right to is
sue bonds.
Mr.. Gray spoke of the silver agitation
as responsible for the business stagna-
tion, want and panic that had occurred.
Mr.. Sherman said he felt sure the bill
would fall dead as soon as it left the
senate. But the evil would be in Gre
ating alarm among the most timid
classes, those directing the great bank
Ing and commercial institutions. The
senator argued that the law requiring
the redemption of notes in coin was d
contract The United States could not
avoid the contract without dishonor.
u denounce it as a reputation of the
public debt" exclaimed Mr.. Sherman.
This proposition was crime to be de-
nounced and not proper to be voted on.
Those who voted for it would counten-
ance dishonorable act But, thank God,
the measure cannot become law" ex-
claimed Mr.. Sherman, while the house
of representatives and the president are
on the right side"
There was burst Of applause from
the galleries as Mr.. Sherman closed.
Mr. Teller, replying to Mr.. Sherman,
denied that there was any reputation
of contract obligation, and declared
that the assertion was "arrant nonsense
and untruthfal Mr.. Teller said that
this craze for bonds threatened to de-
stroy the Democratic party, as it was
destroying the Republican party. He
did not believe on longer trusting an ex-
ecutive branch which had perpetuated
the disgraceful acts of the last two years.
Mr.. Allen spoke in support Of the bill.
He referred to Mr.. Sherman as the ad-
wiser of the present administration and
frequent visitor at the White House"
Mr.. Butler asked unanimous consent
that final vote be taken at p m. on
Monday next
Mr. Hill said that he saw no objection.
Mr.. Chandler reserved the right to
move amendments This raised some
complications, and Mr.. Dubois finally
objected to the agreement, saying it
could be arranged tomorrow.
The conference report on the river and
harbor bill, including the agreement on
the Santa Monica and san Pedro items
was agreed to.
AT 5:45 the senate adjourned
IN THE HnISP