St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1896-01-04
ALL KINDS OF BONDS
SENATOR'S HAVE FIELD DAY
ON QUESTIONS OF FIN
ANCE.
SHERMAN MAKES A SPEECH.
HE POINTS OUT HIS WAY OF KEEP
ING THE TREASURY
FILLED.
d. b. HILL A STAR PERFORMER.
He Keeps the Republicans Busy Ey-
planning Their Erratic Ways
EIlxins Secures Il Hearing.


Elxins Secures u Hearing.
WASHINGTON, Jan. 3-The senate
heard a stirring debate today, the
bond question being the theme Mr.
Sherman's speech, which had been an
tlcipated with much interest for some
time, initiated the financial discus
sion. The veteran senator was in
good voice, and his speech was closely
followed. This, however, was merely
a prelude to an unexpected financial
controversy, vigorous and personal in
character Mr.. Elkins, of West Vir-
ginia, sought to secure an immediate
vote on his resolution directing that
all bond issues be advertised and the
bonds offered to the public. Mr.. Hill
attempted to have the resolution re-
ferred to committee, but on a roll call
vote was overwhelmingly in favor
of proceeding with the question. Only
SIX negative votes were cast, namely,
Chiffon, Caffery, Hill, Mitchell wis
consin), Murphy and Brice Mr.. Hill
spoke vigorously against the resolu-
tion. He asserted that Mr.. Sherman.
when secretary of the treasury, had
made bond contracts with New York
syndlcates similar to the one now as
sailed. This brought on a sharp per-
sonal debate, in which Mr.. Hill, Mr..
Sherman, Mr.. Hoar Mr. Teller and
others participated. AT $50 the senate
agreed to adjourn, although the mo-
a I1y
During the day Mr.. Morrill, from the
hnance committee, reported that the
tariff and bond bills would be ready
on Tuesday, to which day the senate
adjourned
The presence of many holiday yis-
itors at the capital was shown by well
filled senate galleries, in which college
girls and university men were we'll
represented. Mr.. Sherman was early
at his desk, with a roll of manuscript
before him.
Mr.. Hale Rep., MOI, in presenting
a bill for Pacific ocean cable to Hon.
olulu and elsewhere, explained that it
was an elaboration of the plan urged
before the last congress. He said he
would call up the subject next Tues
day.
A joint resolution for a constitu-
tional amendment admitting women to
suffrage was presented by request by
Mr.. Hoar.
BOUNDARY OF ALASKA.
Mr.. Squires Rep., Wash) offered
resolution for the negotiation forth
with of convention between the
United States and Great Britain for
marking the boundary between Alaska
and British North America, and ap-
$4,000 for expenses. Mr..
Squires said this boundary question in
volved consideration quite as serious
as that concerning Venezuela. There
are prospects of conflict between min
ers and the officials claiming to exer-
else authority along the disputed line.
The resolution is confined to the con-
troversy over the 141st meridian, and
not to the general boundary question.
The resolution was referred
Mr.. George Oem., Miss) asked i'm
mediate consideration for a bill repeal
ing the law requiring an oath of 10y
atty as a prerequisite to securing a
war.
Mr. Hoar Rep., Mass.) said that
the repeal was unobjectionable, where
upon Mr.. Chandler remarked: 81 will
certainly support any measure of rec
onciliation or Cancellation which has
the joint Endorsement Of the senator
from Mississippi and the senator from
Massachusetts,
The bill was passed without division.
Mr.. Butler Pop, N. c. asked i'm
mediate consideration of a bill ito pro-
hibit the issue of interest-bearing
bonds"
Mr.. Hill Oen., N. " suggested that
the bill be not pressed for the pres
ent. Mr.. Sherman, he said, was about
to address the senate. After that pos
sibly the discussion of this PROPOSE
'tion would be desirable.
Mr.. Butler said the proposition need
ed no discussion. The country under
stood it. 1t had been exhaustively dis
cussed, until the public judgment was
as certain as that two and two made
four
Still, acceding to Mr.. Hills request,
SiiO iiiSeASuiC was lSIupOIdIlly Will
drawn.
The senate agreed to a resolution by
MI Allen (Pop.) calling on the secre-
tary Of the treasury for detailed in
formation as to the segregation of
funds in the treasury and their use
for purposes other than for redemp-
tion, with dates and circumstances of
such use.
Mr.. Perkins Rep., Cal.) urged the
passage Of resolution suggesting
that a duty on sugar be included in
the tariff amendments considered by
the finance committee, but it was re-
ferred to the finance committee merely
as a suggestion, and not as an express
sion Of opinion on the subject.
At 1 o'clock Mr.. Sherman began his
speech on the financial question, read
ing from manuscript and receiving
close attention. Speaker Reed and
Messrs. Henderson, Dalzell, Walker
and other members of the house were
on the floor of the senate and fol-
lowed Mr.. Sherman with close atten-
tion.
EFFECT BEFORE CAUSE.
Mr.. Sherman began by asserting that,
While congress would support the presi-
dent in maintaining the honor and in
tegrity of our country in the field Of
I'll IL