The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1896-05-01
SIZES IT UP
Senator Allen, POpUlist, Says
Republicans VIII Win
In This Years Election And the
Democratic Party
WILL GOOUT OF POWER
For a Third Of a Century at
Least.
Democrats VIII Join Republi-
can and Pop Parties.
GOOUTOFPOWER

Washington, May THE senate spent
another day on the naval appropria-
ton bill without completing it. Mr..
German further opposed the item of
four battleships and expressed the
opinion that the appropriation already
made would consume the balance in the
treasury.
A determination of the number Of
battleships has not yet been reached.
Mr. Chandler has proposed substitut-
ing thirty large and fast torpedo gun
boats for two of the battleships- Mr.
White CCal) spoke of the need of coast
defenses before further naval vessels
were built and Mr.. Allen (Neb.) made
a speech Of over three hours araign-
ing the two old parties.
In critfcising the bond Issuing policy
of the old parties, Mr. Allen said that
shortly before the Harrison admins
tratiOn closed, Secretary Of the Treas
ury Foster called together q. party of
New York bankers with a view of form
ing a syndicate and there was some
talk added the senator, as to the profit
hich would have come to Mr.. Foster
by q bond transaction.
Mr. Platt (Rep., Comm Immediately
interrupted to say that if the Nebraska
senator made any such statement he
ought to give his authority. Mr. Allen
answered that he made no charge he
mentioned incidentally, having read
somewhere to the effect that Mr. Eos
ter would profit to the extent Of two
and One-haf millions.
Mr.. Allison also insisted that no such
statement should be made without pro-
duclng an authority and Mr.. Allen re-
peated that he made no charges, mere
" repeating what he had read.
Mr. Allen predicted that the Repub-
lican party would be victorious a the
next national election and that the
Democratic party would 90 out of
n 1re1ra s.f
months hence, he said, there would be
a great bolt in the Democratic ranks
one wing taking refuge in the Populist
party and the other becoming .'Told
bugs Then, turning to the Repubn-
can party, Mr. Allen accused it of fry
ing the fat" out Of protected industries
and said that party too. would go out
Of power in 1900, giving place to a party
Of the people.
Mr.. Allen spoke until 4 o'clock
The question reverted to the item Of
oattleships- Mr. German made a point
Of order against an amendment offered
by Mr. Quay fixing the number of bat
tleships at six.
Il hope there will be a vote" said
Mr. Quay The Republican party viii
be in possession Of the government be-
fore the construction of these ships is
begun, with plenty Of money in the
treasury and ample funds TO pay for
them"
The chair, Mr. Can, sustained the
point of order and the Quay amend
ment went out.
Mr.. German then urged the adoption
of his amendment reducing the num-
Der from four, as reported to two
pointing out that each ship with its
armament would cost about $1,000. OOOO
making large aggregate expenditure
in view of the treasury conditions.
Mr. Bacon (Dem., CAD favored four
battleships. as there will be a large
fund in the treasury and this would
help put it into circulation.
Mr.. German said thar while QOupad-
ing a full treasury, yet there stood
against this balance SIG, 600 900 appro-
priated before this congress assem-
bled, and not yet paid. It would take
every dollar in the treasury to meet
current expenses and past appropria-
tons and there would be another raid
on the gold reserve. running 1t down
below the 500 000, 600 mark and anoth-
er issue of bonds
1T IS my deliberate Judgment said
Mr.. German, that the amounts out
standing against the treasury are
enough to consume the entire s16O.
100000 in the treasury, which balance
does not include the reserve of 800
100000 held for the redemption of
greenbacks"
The bill was laid aside