The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1896-01-14


Predicting a Political Waterloo, to be
Followed by an IngIorIous st. Helena
Fer the Rest of it, Hill and the North
Carolina Senators Make Fun of Each
other-CongressionaIN News.
Washington, Jan. Ex-senator Nor
CANS speech on the silver bond bill was
one event in the senate today, although
sharp personal colloquy between Mr..
HfH, MIR. PTitchard and Mr.. Butler en-
uVeneo the early hours Mr.. Morgan
frequently addressed himself personally
10 Mr.. Sherman, who sat across the
aisle, and for two hours arraigned the
Ohio senator for the series Of financial
acts with which he is identified. At
times Mr.. Morgan was bitterly personal
In the main, however, the speech was a
scholarly presentation Of the silver Ques-
ton.
Mr.. HiN's colloquy with the two
North Carolina senators brought out
considerable discussion OF the New York
senator's political consistency, and was
amusing to the crowded galleries for the
sharp salhes and witty rejoinders dur
ing the triangular debate.
REPLYING TO PETER.
Inc vice president To-Day ldlO DeIOre
the senate a letter from the secretary
of the treasury in reply to a resolution
or inquiry presented by Mr.. PETER as to
whether a hundred million dollars Of
gold had at any time been set apart
from other funds. The secretary states
that this has never been done, there be-
ing provision of law authorizing it.
Mr.. Mitchell CRep., Ore.) had passed
bill allowing settlers on forfeited rail
road grants to hold land by fencing and
improving it and making actual resi-
dence unnecessary.
Mr.. Pritchard (Rep., n. c. made an
address defending himself against the
charge Of inconsistency on the tariff
question made by Mr.. Hill of New York
sast week and attacked Mr.. HIS record
Tor consistency, saying that he had been
repudiated by the Democratic party.
Mr.. Hdll, in reply expressed surprise
at having brought forth so elaborate a
tatement, and said he believed that he
was as active member of the Demo-
cratic party, what there is of it," as
anyone. He said it was true that he
voted against the Wilson bill. He had
reasons for voting against it. He be-
leved in tariff reform, but not in that
way. The Democrats were all travelling
toward the Democratic haven, but in
different ways. The other side was
travelling in the other direction.
WAS A DEMOCRAT FIRST.
The debate at this point drifted away
TO John Y. McKane, Mr.. Hill saying
that for many years McKane had been F.
a Republican. Mr.. Pritchard retorted
that John Y. Mckane had never got into .
the penitentiary until he Joined the |
Democratic party.
Mr. Butler CPop.. n. c. also took up
Mr.. Hills statements concerning the .
politics Of the south, and asserted that !
the cause Of the detection from the |
Democratic ranks in the south, was the /
betrayal Of the party on the great /
financial question" and the opposition .
to an income tax, in which opposition |
the New York senator took a most &C
tive part.
mr.. Hi was again on his feet at the
close of Mr.. Buffers brief remarks and
replied Ssrcastically.
Nj Allen pop, Neb) sought to ques-
ton Mr.. HILL whereupOn the latter
cUe1ted a laugh by remarking: Still
another Richmond in the field"
Mr.. Allen proceeded to say that the
Democratic senators were divided on
finance, on the tariff and on the in
come tax. Seventeen senators now sit
ting on the Democratic side ought to be
sitting on the other side, said Mr.. Allen.
Mr.. Hill jocularly responded that the
Nebraska senator scattered worse than
an old shotgun" He pointed out that If
these gentlemen (Allen and ButleD
Wdnlel 81 4NtOUle lax liltN OuS NJ ~
proceed TO have one; let them introduce
a bill. Mr.. Hill closed with a glowing
tribute to the grand old Democratic
party"
MORGAN ON SILVER.
At 2 o'clock the personal controversy
closed, and Mr. Morgan took the floor
on the silver bond bill. He referred to
the intrigues before national cOnven-
lions and the wind shaken platforms"
OF these bodies. In his judgment the
emergency tariff and the bond bills
were constructed merely as a part of
the pla tfOrm to be laid before a national
convention next summer and not with
any purpose to enact them as laws.
Mr.. Morgan criticised the financial
course Of Mr.. Sherman while the latter
sat across uhe aisle giving close atten-
tion to the remarks. He referred to Mr..
Sherman as the Napoleon Of finance"
but this Napoleon was rapidly nearing
his Waterloo and his exile to St. Helena.
Mr. Morgan enumerated in detail the
financial burdens which the legislation
urged by the Ohio senator had imposed
on the people. They were evils which
brought misery, want, and calamity 10
the whole people. 1t had worked more
miseries than those pictured in the Apo
calypso His (Mr Sherman's) garment
was one of many colors. in keeping with
the va~igated lines Of the party to which
he belonged. At the present the Ohio
senator and the president were toGeth-
err in their financial views. both equally
Obvious to the constitutional require
ments that the metals were to be on
equal terms II was the Ohio senator !
who originated the evil Of selling bonds
10 a syndicate.
Proceeding, Mr.. Morgan said: THE ,
senator from Ohio is the author Of five
new measures of finance that have Civ {
en- the people and the government more
trouble in handling the little remnant
of SS46, 000. 600 Of greenbacks than 1t did
to pay $12.0 GOO. 600. 000 of annual eNpeLdit-
ures for the support Of the government.
and more than IS. 900 600 GOO of principal !
and interest Of the national debt that
we have raised in the last thirty years. {
'eTheSe mea sureS are the demOnetiZa
tion of silver in 1873. the sequeStration {
Of the gold reserve in the treasury in :
1873, the power given the secretary Of :
the treasury in 1890 to preserve the
parity between the metals. the power 20
sell bonds a [ private sale, and the power
70 enable private persons by contract. :
70 dispense with the legal tender laws :
in their transactions"
Mr.. Morgan spoke Of the admission 81
the rich JewS-Baron ROthSchlld ana
Lord BeacCnSfield-tO the nobility OF .
England. II was the tendency the world
over 10 forward feudalISm. That sys-
tenn existed today as much as in the
years gone by, cOnCantra ting all power )
ana wealth IN the hands Of the feudal :
gold barons. T
The senator urged a declara ton by &
congress IN line with a resolution once Q
offered by Stanley Mathews. that the I
bonds would be paid in the money with /
which they were bought. He suggested
also that n 10 per cent rebate on Gus