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 GOOUTO FPOWER
For a Third of a Century at
Least.
Democrats VIII Join Republic
can and Pop Parties.
WILL GOOUTOFPOWEB

Washington, May 1.-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 (Cal) spoke Of the need Of coast
defenses before further naval vessels
were built and Mr.. Allen (lyeb.) made
a speech of over three hours araign-
ing the two old parties
In criticising 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 party Of
New York bankers with view Of form
ing a syndicate and there was some
talk. added the senator, as to the profit
which would have come to Mr.. Foster
by a 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. Fos-
ter would profit to the extent of two
and One-half millions
Mr. Allison also insisted that no such
statement should be made without pro
ducing an authority, and Mr.. Allen re-
peated that he made no charges mere
~ repeating what he had read
Mr.. Allen predicted that the ReDIlD-
ncan party would be victorious at the
next national election and that the
Democratic party would go out Of
power for a third Of a century Three
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 gold
bugs" Then, turning to the Republi-
can party, Mr. Allen accused it Of fry
ing the fat" out of protected industries
and said that party. too, would go out
OF the people
Mr. Allen spoke until o'clock
The question reverted to the item Of
battleships Mr.. German made a point
Of order against an amendment offered
by Mr. Quay fixing the number Of bat
tleships at six.
I hope there viii 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 ana dAAPAE 4AuQS 10 pay Tor
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 81 .OOO. 5000
making a large aggregate expenditure
in view of the treasury conditions
Mr.. Bacon (Dem-, CAD favored four
battleships, as there viii be a large
fund in the treasury and this would
help put it into circulation.
Mr. German said that while conced-
ing q full treasury. yet there stood
against this balance SIG, 600. 600 appro-
priated before this congress assem-
bled, and NOT yet paid 1t would take
every dollar in the treasury to meet
current expenses and past appropria-
tions and there would be another raid
on the gold reserve, running it down
below the 500. 100000 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 $50 y
000O coo in the treasury, which balance
does not include the reserve Of 500
O00 O0o held for the redemption Of
greenbaclSs
The bill was laid aside