The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-01-10
ON THE BOND ISSUE.
He Declares That Wall Street Has
the Country by the Throat.
Monroe Doctrine Resolutions IN House
and senate-The Pension Appropria-
zion Bill Reported 10 the House
List OF the Deficiency Appropris-
ttons Required.

I 4
! Nevada Populist. who insisted upon making
| q speech In favor OF the Elklns resolution
/ As amended BY the Butler amendment, 10
! prohibit the further sale Of bonds except by
/ the express consent OF congress. The free
| coinage substitute was called up at the con-
! elusion OF Mr.. Stesart's speech, and now
/ has the r1ght-of-way. so the debate upon il
! can be postponed no longer. Stewards
/ speech today predicted the failure Of the
/ popular loan proposition OF the admins
/ tration. intlmated that the loan had al. lady
/ been underwritten BY the gold syndicate
/ reiterated the senator's weIl-known free
/ silver views. and concluded with an appeal
| for the financial as well the political in
/ dependence of the United States.
Frye introduced a bill 10 reconvene the
! delegates 10 the international marine con-
/ ference OF 1sSs.
! In presenting some petitions from Nor
/ folk. Va, in favor OF liberal appropria-
/ tions for seacoast defenses, Daniel OF Fir-
! ginia called attention to the alarm which
4 manifestly exists ia the minds Of the people
1 along the seacoast, Ia view Of the ruJnors Of
war. He thought their apprehensions of
I bOmbardment were exaggerated. but ex-
/ pressed the belief that our seacoast cities
/ should be adequately fortified 10 meet an
7 emergency.
( A resolution offered by Chandler Rep.
! y. H., instructing the committee on i'm
/ migration 10 inquire whether any legisla-
{
| duction into the United States OF aliens
! imprisoned by foreign countries in their
! American colonies. Berry Dem, Ark, OBJ
| jected and the resolution went over.
Baker introduced resolution somewhat
| expanding the Monroe doctrine, and made
a speech in favor Of its adoption as a formal
/ an unequivOcal declaration OF our policy
/ with reference TO the Western hemisphere.
/ TIE resolution Is:
/ Resolved. That the United States win
| regard il as an unfriendly act for any for
eign power, without our consent, by war
/ treaty. purchase or otherwise. 10 extend its
| territorial limits IN the Western hemisphere
| on either Of the American continents. or 10
1 any islands adjacent thereto. which this
! country deems necessary for its self-preser-
/ walton. and the United States reserves the
/ right 70 be the sole Judge Of the necessity
| for the maintenance Of their national en-
/ titles that the principle here enunciated
! Is founded on self-preservation. which from
/ necessity adheres in and belongs to every
/ civilized nation as a sovereign and inalien-
/ able right. and this principle is attested by
/ Washngton's farewell address and Presi-
/ dent Monroe's ever-memorable message Of
/ December ?. lS23''
/ Baker said that while the countries of
/ Europe We're arranging their policies and
/ doctrine IL was right and proper that we
should declare 10 the world the policy
I which we proposed to maintain for the fu-
ture peace and the preservation inviolate
/ OF the Western hemisphere.
! Call took occasion. before the resolution
Il was referred 20 the foreign relations COM
! mittee. to express hope that the commit
tee on foreign relations would report a
i resolution for recognition OF Cuban beli-
/ gerency.
/ Stewart insisted upon addressing the
senate on EIkins' resolution prohibiting
/ the sale of bonds except after advertise
ment to the highest bidder
Jones, Dem. Ark. in charge OF the free
coinage substitute 10 the house bond bill,
wanted to proceed with consideration OF
that bill. according to notice previously
I given. but was compelled to yield
/ Stewart advocated passage Of Elkins'
4 resolution as amended by Butler OF North
+ Carolina. prohibiting the sale of any bonds
! in the future. except with the expressed
I consent OF the senate. He characterized
/ the proposed loan OF ne administra ton as
j "a cruel mockery." No loan would be a
popular loan unless Il was offered after
+ the fashion OF the French loans He az
firmed that II was not the intention OF
the president 70 allow tse people 70 get
/ the bonds. They were 70 20. as the 9TH
ers had gone. TO the svpdlca -. The presi-
dent. said Stewart. was merely tautaiiz-
ing the public with his counterfeit ofter
~ bonds The bonds were 10 70 10 the
gold gamblers Of the syndicate. II was
known that the entire issue Of bonds, he
E
/ dicafe that had Cornere1 the gold IN New
( York Mr.. Stewart denounced the at
( tempt 10 pass an emergency tariG bill"
J which could not become a law. and ~ K
could would only result iu uusettliHg
/ business conditions The plain purpose
\ was 10 keep zap tariI agitation 20 dis
/ tract attention from the financial dis
+ tress of the people Not until We had
/ free coinage of silver. said be. would we
I have financial independence from the
/ Rothsc hilis and the gold gamblers IS
! long as the gold standard was maintaincd
IN tie United States We would he ia bond
J age 10 Great Britain our gold ohlca-
/ lions TO Great Britain averaged about
$50 pn@o annually. last year our eX-
+ ports exceeded oar imports hy Si1Aoo0 est.
This wear the balance % the trade would
hs against u.s. ana perhaps $50 a'te0
would have go he paid in gold 20 settle
4 our otNEauons That gold could he OBJ
4 tanned only ty constantly increasing our
/ iutcrest-hea-iug debit and decreasing The
power OF the people 20 paw. In couelu-
sion 1e declared that DE WAS nor in IA
+ vor OF -ulogizinE those who tcok us by
the throat In time of distress. thar he was
! in faVor of cutting loose from ail Euro
I t.-3n entNC~ian~nts ana ot announcing
oar financial as w+N ass political iu3e-
nsrs.rce War was preferable 10 imam
c{al slavery. Party cor Ust3er8tiOns should
De- thrown TO the win ts- The principles
Of the Democratic party bad some hy the
board Il had beccule tha tool Of one
man and uat man WAS ihe zoo, of Wall
( stree. Tae Republican party, that h23
( sra-r-! oa- wirl the sual. 0est creed in
I o.. history of the world, tre e4Ist-v ~
man. BAD also gone in 20 tne WsH street.
/ s-ofntauy. lie was opposed % any party
( taat was uppose2 10 the coU-t-y. lie
z concluded a. 2JA
Jones. Dem. ARK. thso cslir! .r tre sea-
ate free cu.uaEe Substitute fur tE- house
/ f,rs rtit. bat OWNS 80 the lstere~s OF the
h5ur be d.d not oael che .eaa-e today.
; ana AZ - he senate went into executive
( session. soon thereafter a8to1ro.Hz
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IN Et-r.bar, ". T. Maras Y NeN Torx
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! Cs.rraeeos cuba. q. jones cf Wisconsin.
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era: Il Il Bgeiow. of Fennsy lyan-s. az
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ehusetts az Antigua, Y Z Assstant
/ eaurutss .oaer - the general sao1 attce.
/. +. Eesi. ot &4-oa. ASSISTANT Surgeon