The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-01-14

ard said he believed that ne was as active
a member OF the Democratic party, what
there is OF IT," as any one. He said II was
true he voted against the Wilson bill He
had reasons for voting against IL. He be-
lsyed in tariff reform. but not in that way.
TIE Democrats were ell travelling toward
the Democratic havtn, but in different
WAYS The other side was travelling IN the
other direction The debate az this point
drffted away 10 John Y. McKane. Hin
saying that for many years McKane had
been a Republican
Mr. Pritcharl retorted that John Y. Nc
Kane had never got into the penitentiary
until he joined the Democratic party.
Butler Pop y. c.. also took up Filrs
statements concerning the politics Of the
South. and asserted that the cause of the
defections from the Democratic ranks in
the South was 1.-The betrayal or the party
on the great financial question and the
opposition 10 an income tax. in which op-
position the New York senator took q most
active part"
Hin was on his feet at the close Of But
ier's brief remarks, and replied sarcastic
ally
Alien. Pop, Neb.. sought 20 question Hill.
whereupon the latter created a laugh by
remarkinr: '.Stin another Richmond in
the field" Allen proceeded TO say that the
Democratic senators were divided on
finance, on the tariff and on the income tax.
Seventeen senators now sitting on the
Democratic side ought 10 be sitting on the
other side. said MIR. Allen.
Hill joculariy responded that the Ne
braska senator scattered worse than an
old shotgun" He pointed out that II
these gentlemen (Allen and Butler) wanted
an income tax they ought to proceed to
have one let them introduce a bill. Hill
closed with a glowing tribute to the grand
old Democratic party.
At 2 O. clock the personal controversy
closed and Morgan took the floor on the
silver hill He referred TO the intrigues
before national conventions and the wind
shaken platforms OF these bodies. In his
Judgment the emergency tariff and bond
bills were constructed merely as a part Of
the platform to be laid before a national
convention next summer, and not with any
purpose TO enact them as laws. Morgan
criticised the financial course Of Sherman,
while the latter sat across the aisle giving
close attention to the remarks. He re-
ferred TO Sherman as the Napoleon OF
finance" hut this Napoleon was rapidly
nearing his Waterloo and his exile 10 St
Helena. Morgan enumerated In detail the
financial burdens which the legislation
urged by the Ohio senator had imposed on
the people They We're evils which brought
misery, want and calamity to the whole
people II had worked more miseries
than those pictured in the Apocalypse His
(Shermans) garment was one of many col
ors. in keeping with the variegated lines
Of the party 10 which he belonged. At the
present time the Ohio senator and the pres
ident were together in their financial views
both equally oblvious 10 the constitutional
requirements that both metals were to be
on equal terms. 1t was the Ohio senator
who originated the evil Of selling bonds 10
a syndicate.
Proceeding, Morgan said: THE senator
from Ohio is the author of five new meas
ures OF finance that have given the people
and the government more trouble In hand
ling the little remnant of sS46 600 600 of
greenbacks than it did TO pay $4,000, 100000
of annual expenditures for the support Of
the government and more than 50. 900. 00e. GOO
of principal and interest OF the national
debt. These measures are the demonetiZa-
ton Of silver in 1873, the sequestration OF
the gold reserve in the treasury in lS7S,
the power given 10 the secretary OF the
treasury in 1890 TO preserve the parity be-
tween the metals. the power TO sell bonds
al private sale. and the power to enable pr
vate persons by contract TO dispense with
the legal tender laws in their transactions
Morgan spoke of the admission OF the
rich Jews-Baron ROthschild and Lord
Beaconsfeld-to the nobility Of England.
There was n tendency the world over to-
ward feudaIism. Thar system existed to-
day as much as in years gone by. concen-
tratiug all the power and wealth in the
hands of the feudal gold barons- The sena-
tor urged a declaration by congress in line
with a resolution once offered by Stanley
Matthews that the bonds would be paid
in the money with which they were bought.
He suggested also that 10 per cent. rebate
on customs duties 10 countries coming gold
and silver on equal terms would make New
York instead OF London the clearing house
OF the world. Morgan spoke for two hours,
and then at o'clock the senate adjourned
until TOMORROW.