The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1896-01-23

Gle standard OF silver and was undesira-
BILE, State after state had taken this
position. The use OF both metals, the
bi-metalllc system, was being accepted
as the best.
Under these circumstances. continued
Mr., Sherman. the trusting OF this worn
out old question which would not hope
TO succeed In the present Congress was
unwise In the present emergency OF the
treasury. IL was absolutely certain
that this silver amendment, II passed.
would be rejected in the house. Why
thuB obstruct the RELIEF inpernttvety
needed by the government? The detl-
cheney had caused the trouble, and the
house had offered an emergency tariif.
bin 20 overcome that deficiency, Such
relief should be delayed by thrpshing
ont an old worn subject.
Mr.. Cockrell asked II Mr., Sherman
meant to say that the relief Us promised
was what the executive had asked.
Mr.. sherman said It was not for the
executive TO determine the nature OF
revenue lcelslntlon. That wax for the
house aS Representatives under the con-
stitution. II was not for the President
what was the best form OF relief 1t
was sufficient that the house OF repre-
seutRtiyes, the representatives OF the
IN"l'iN' ANssA A.4'''NN Nl'"'' - '''NNss''S -
enuc.
At this point there was y eoliogiy.
Mr. Gray, Wcm., Dcl.l. asked Mr. sher-
man whore this tnriif bin was.
Ms. ShcrnNn.-I refer the gentleman
to the senator on his right Clones OF Ar
knnsasl
Mr., Jones, CDcn.. Ark.)--That hill Is
in tho hands OF u Republican committee
on finance.
MIR. Sheru;aH-That finance commit
tee Is to-day practically Democratic.
one member Of the committee, Clones
OF NehraslSG). has severed himHeit for
the time from the Republican members
OF the COMMITTEES But II IA important
to understand that the Democratic vote
IN tha-tinance committee will authorize
report at any time.
The Responsibility.
Mr.. Teller asked II Mr.. Sherman
thought the bond bill would afford re-
lief.
SIR. Sherman answered that he did.
The government had suffered heavy
losses from selling per cent bonds and
this aIorded on opportunity for per
cent bonds,
Mr.. Teller asked how long i WINS In
tended 20 keep UP the sale OF honda.
slf. DlltIulHll~-fAA lpAh AAE ~ 20 ASNNs
sary to meet the governments needs
caused By the course OF this admtris-
trRtIon.
an the meantime" continued Mr'
sherman. 'tte Republican party stands
here ready to do It's duty TO ray the pub
lie debt to overcome deficiencies, TO
raise sufficient rovenuef,"
Mr. Teller referred 10 the selling OF
bonds for the purpose Of securing gold.
"If there hnd been 10 deficiency there
would have been no loss OF gold" said
Hr Sherman. "The gold had remains
cd In the treasury for years, But as
soon as there whs q deficiency the gold
hcenn 20 30. because the Rold was used
TO ray clrrcnt expenses. This ndminis-
tration has caused fright about gold
losses. The banks-to their dlscredit-
ioined In the fight. Banks ling the
government using gold had pied the
aaI3e course. Instead OF maintaining
their bRnk reserve in notes they drew
gold for their reserve"
Mr. Gnrnnu, Cbcm.. Md.l, answered
Mr.. shrrmnnH slntcmcnt concerning
the lr,uSury administration. He deelRr-
t,i tlat the course OF tho treasury now
MS the pafne as tlirt undrT Secretary
Ira,,trt and "a rtr lyack as tho admins.
tr4sion OF Secretary Sherman. The
Democratic CorEtoss had cnhcted a
revenue law which wpuld have afforded
ample rrvsnue Itit. tho income tax
had hccn wiped out by the decision OF
The supreme court OF the United States.
II was an unforeseen event.
sir. Aiirich tIiep, i. ~. and Mr.
Lindsay. Dcni., Ity). Joined Issue as
to p,r political responsibility nor the
deficiency,
At 5:eS O'Clock the senate adjourned
Until tomorrow.
T,he sc5slon OF the house OF rcpresen-
trtlves w,aS unimportare to-day, no
hu,dness OF public interest being trans
acted.