The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1896-01-23

extension by the dreadful holy alli-
ance in this western world, of which
ne stood in ell-grounded fear. Con-
gress had failed to give the Monroe doc
trine official sanction. and when a
congressional resolution respecting
Panama was under discussion congress
expressly refused 10 commit itself to
the Monroe doctrine in any form"
In the course of further remarks.
Senator wolcott said, in part: The
Monroe doctrine was essentially doc
trine of self-defense, promulgated for
our own preservation and for no other
purpose. Our country in 1923 was
sparsely settled and its boundaries but
vaguely defined To-day our own bor-
ders are defined. and our government
Is eternally planted upon a solid rock.
No danger threatens US from without.
THE passing of the resolutions, re-
ported by the committee. can do no
good, and perhaps little harm, but
their introduction only adds another
faggot to the fire which ought not to be
permitted to burn. From a point of
view which / am presenting, the diplo-
matte correspondence was, ON our side.
unnecessarily irritating. The message
of the president was ill-advised and the
creating of a commission with no ia
cilities for investigation not shared by
us all and without invitation by the
parties in interest, was hasty and pre-
mature. We have made II infinitely
more difficult for Great Britain to ac-
cept arbitration by our demonstrative
diplomacy and volunteer commission;
and we are drifting into a position
where Great Britain's refusal to arbi-
trate, and she may lawfully refuse, will
| be considered not as demanding from
us a dignifed and earnest protest.
But whatever the cause of the upris-
ing or the merits of the dispute, my at
4 tention at this crisis was diverted to
another channel. France is a sister re-
public, and although most of her colo
nies have fewer rights than Cuba she Is
yet entitled to every consideration and
sympathy because of her form OF gov
ernment. Germany has furnished us
hundreds of thousands of worthy citi-
zens who are a credit to the republic;
Russia was our friendly ally in the late
war. And yet. Mr.. President, when /
read that all these governments
France. Germany and Russia-had al
lied themselves together against Great
Britain, and that the people of those
little islands, compassed by the invio-
late sea, in defense of what they
deemed their rights, were marshaling
their armies and assembling their ma
vies, ready. undaunted, 10 face a world
in arms, unyielding and unafraid,
thanked God that / was of the race
Mr.. President, we will protect our coun-
try and our country's interests with
our lives, but we wage no wars of con-
quest. This republic stands facing the
dawn secure in its liberties, conscious
of it's high destiny. Blood Is thicks
than water, and until some just quar-
rel divides us, which heaven forbid
may these two great nations of the
same speech and lineage and traditions
stand as brothers, shoulder TO shoulder
in the interest of humanity"
When wolcott closed there was
round of applause in the galleries
which the vice president quickly
, checked.
Wolcott was surrounded by his asso
, ciates from both sides of the chamber
and from the house. who congratulated
, him on his speech.
Pugh succeeded in having his resolu
} ton taken up and Hill offered al
amendment providing that IL for an,
reason silver coin shall not be at par
ity with gold the United States bond
, now payable in coin shall be paid il
= standard gold coin whenever demand
3 ed. Hill spoke briefly against the reso
( luton. Teller followed on the financia
! situation.
: At O'Clock the Pugh resolution wa
D displaced, and the bond silver bill wa
9 taken up, Mr.. Teller continuing his re
I marks. The senator said gold was nov
: at a premium. The banks had prac
Y ticaIly suspended payment of gold.
was a commodity, bought and sold.
e Allen asked Teller If he agreed wit
2 his party associates that the depressio
was due to the tariff legislation. Tel
ler replied that he did not. Allen fur
: ther asked If Teller thought any rea
difference existed between the repuh
Iicans and democrats on the fnancia
question. Teller said the differenc
was so slight as hardly to be detecte
on the gold question. The senator pre-
ceeding said that the gold element |
: the senate and in the country had neve
!, yet presented a monetary system. TIL
!. four senators representing the gol
!, element on the finance committee ha
:, never offered a system.
;. Platt said he would suggest sy'
tenn, namely. the payment OF custom
a duties in gold. Teller said this Shove
the entire absence Of any philosoph
a cal monetary system. Here was a PROF
: ositson which would destroy the pal
4 ity of the metals. and yet il was offere
= offhand. by a member OF the finan'
- committee. 1t indicated that a plaS
? on the finance committee did not me-
l. essarily give man complete knowledl
L of finance Teller arraigned the polio
I. Of Issuing bonds with a view. he sal
I, to building up a permanent bond'
e debt to be borne by posterity.
T. Sherman arose as soon as Teller col
4 cluded. The silver discussion. sa
& sherman was purely a moot discu
sion. No doubt there was silver mi
z jority i'm the senate. But the COUNT
e had settled down TO the idea that fr