The Caucasian. (Clinton, N.C.) 188?-1913, 1896-01-16
The National CONGRESS
Continued From First Page.


them be in - and multiples OF -, so
every man who has that much gold
can purchase them. And also let
the pnce at which they will be sold |
be made known, so every man will /
know how to purchase.
! do not want 10 Interrupt the !
Senator further than TO say that II |
the construction Of the law by the |
Secretary OF the Treasury Is correct, I
and if the Senator Endorses that,
then | do not think this bll will /
meet the needs Of the government.
4 TIE first thing IS to decide whether
or not their construction OF the law
/ is right: that is, whether or not they
| are justified IN redeeming green !
/ backs. paying coin obligations In |
gold only. That is the main ques-
ton and it should be settled at once. |
! repeat that If the Secretary of the
/ Treasury would obey the law there
would be no necessity TO borrow
| gold or money OF any kind. The
President and the secretary are
purposely making it necessary to
! pile up this debt. Congress can put
stop to this wrong and do it now.
Let US promptly pass law prohibit
| ing the further issue OF bonds with
out further authority Of Congress.
Senator Vest Makes IA Great Speech.
Senator Vest addressed the Senate
and though he says he is Demo.
crat, he champloned the principles
of the Peoples Party as ably as any
Populist could have done. He SAID:
THE Wilson law would have at
forded ample revenue for the sup
port Of the government but for the
Supreme court decision declaring
the income tax unconstitutional
THAT the court should have render
ed such decision was a matter Of
surprise TO every intelligent lawyer
in the country, and especially to
those of us in Congress, who Were
engaged III formulating the legisla
, ton.
AIN my Judgment, 10 Judgment
, has ever in the history of the coun-
try been rendered which has done so
much to destroy the influence Of that
, high tribunal and excite dlstrust on
, the part Of the people of this coun-
| try
Mr.. Vest declared that lie would
I not trust himself in the Senate to
! say what he would be tempted to
| say of this opinion, but would leave
> it to members of the court 10 stlg-
. Matte it as it deserved. With this
t introduction he had extracts read
: from the dissenting opinions of JUS
5 tees Harlan and Brown, saying
: that if he had made the declaration
= contained in these opinions he wouid
be charged with partisan malice
and Misrepresentation, but coming
as they do from this high source
q they certainly constituted mos
k powerful arraignment of this cour
: of last resort.
O A Gloomy Horoscope.
d Mr.. Vest said he regretted tina
l. the court had not only permitted bu
e had encouraged the indulgence b,
3 counsels of scurrilous references t.
n the motives of those who had partlc
e ipated in framing the income ia:
q legislation for granting exemption
y to certain interests, and proceeded
a. to explain the reasons for these ex
ic emptions Resuming the thread o
as his discourse, Mr.. Vest said he di
d. not believe that the terrible effect Q
re this decision had yet been appre
Ie hended by the people OF the cour
er try.
at marks a new era he sale
land | greatly mistake If the tim
does not come when neither sol
words nor honeyed praises vi
Ell prove a sufficient apology 1t ws
beyond credibility that a Vance
IN bilt, with his hundreds of million
IN should have to pay no more tina
en- the poorest of men. and that II
ch army and navy must be used to SUI
se port him in his rights, as must
by the case if the decision was to stan
y He predicted that the time wou
~ come when the truth of Justl'
IL Browns opinion would be ever
Sn where recognized, that that declslt
ge of the Supreme court had fixed II
N all time the freedom from FEEDER
N taxation of the "sordid wealth
nd the land"
by Hsw England Fights Us.
recurring 10 the uuduCldl luz
~. ton, Mr.. Vest admitted that I
a. financial influence of the world W
VI against silver. Europe feared tn
49,, we would 60 on to silver has
~ When the President had sent
Venezuelan message to Congress,
WI had been received with acclamatl
,lo by the people, and he had heard t
-, hostile guns booming in this cha
sSss Der. How had England responde
as Not with shot and shell and sab
~. stroke and battle-ships, but
80 throwing our securities on the m;
orT, ket. The power of money was to
N' used to crush us. On Monday, VIII
the Secretary of the Treasury b
issued his circular (his only co
plaiut was that it was not lssu
lor sooner notifying the country Il
be the bonds should go to the high
bidder, Wall street was dissatisfi
Two syndieates had-cornered
}. gold-one paper said $500, 0OO,o
own They were opposed to selling bonds
,ors the public 1t was humlllatlng t
IL the most intelligent people on
e. globe, whose heritage was col
,lu nent, should, when they undert'
,bli- 10 nrotect their financial system,
met by an autocratic ukase, "We
rug got the gold, and you must ge
from us at our price" Mr.. V
,ole- with glowing eloquence. said
would rather have war. There W
+, calamities greater than war. Be
~ anything than to have us msna'
~. .he and gibbeted as we were now.
eli s Continuing, Mr.. Vest said on
' c the chief regrets of his public
Tree had been that he had found him
,,,., in antagonism with the head OF
arc party and the Secretary OF
are Treasury on the financial quest
was L.. - onrlJ NOT Sr1bSoriha TO I