The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1896-06-03
SLAP FOR GROVER.
The Senate Passes the Bill to
Stop the Issue
OF Gold Interest Bearing Bonds
Without Authority
OF CONGRESS ITSELF.
More Republican Senators Vote
i'm Defense of Cleveland
In His Revolutionary Course
Than Democrats,
But the Bill Passes by a Vote of
80 to 25.
OF CONGRESS ITSELF.

over the Dill TO prOnlDlL the issue oA
bonds. came to an end, and the bill was
passed by a vote Of 80 to 25.
The bin as passed. covers only three
lines, as follows.
BE it enacted that the issuance of
interest bearing bonds of the United
States, for any purpose whatever with
out furthr authority of congress-, is
hereby prohibited"
The vote on its final passage was as
follows
This closed the day for the final vote
on which the bill was passed yeas 81,
NAYS. %, as follows:
Republicans. Brown. Cannon,
Dubois. Hans brOugh, Mitchell, Of Ore
gOn; Peterson, Pritchard, Teller, War
ren. WoIcott-10. Democrats. Bacon,
Bate, Berry. Chiffon, Daniel, George,
Harris Jones Of Arkansas, Mills, Nor
gan, PascO. Pugh. Tillman, Turpie, Vest
Walthall. White-17; POpuIsts; Allen,
Butler. Jones Of Nevada, PETER Stew
art-tOtal So
Nays-Republiea Aldrich, Allison,
Burrows Chandler. Cullom, Davis,
C4allnger, Hale, HaWley. Lodge, Nc
Bride, Nelson Platt, Quay, Wetmore
WlsOn-l6s Democrats Brlces Canerys
Faulkner, Hill, Lindsay, Mitchell, of
Wisconsin, Palmer, Smith, Vilas-9; to-
tai 25.
The voting did not begin until 6:3O D.
m, at which time the chamber was
oimly lighted and the galleries almost
empty a flood OF amendments were
Irst voted down. all being defeated
/ One by Mr. Aldrich of lode Island
gave the executive power to issue bonds
in certain emergencies; another by Mr.
Aldrich provided that the act should
not impair the obligation to pay in
coin.
Mr. Hiu's amendment that treasury
notes be retired when redeemed was
tabled, 43 to u.
Mr. Gray's amendment for the sub
{ stitutiOn of coin notes for treasury
notes, was defeated without a yea and
nay vote The last preliminary vote was
/ upon Mr.. Hius motion to postpone the
subject until next December which was
/ defeated
/ Then came the final vote, with the
+ result stated The debate on the bond
/ bill lasted throughout the day, and was
/ at times very animated
MT chandler appealed to the sena-
tors on the other side of the chamber
+ to join in a patriotic measure to sus-
/ tain the country's honor Mr.. Chand-
/ Ter also paid a tribute to the personal
4 integrity of President Cleveland and
4 Secretary Carlisle. Mr.. Teller spoke in
; favor Of making silver the first and
/ paramount question Mr. burrows de-
+ clared that it would have been better
1 had the country gone down in the
( storm of war than that a measure tax
ing away the last prop to its credit
/ should pass Mr. Palmer, Ill, also OPP
+ posed the bill.
Mr.. Cannon of Utah favored the bill.
The sentiment of the great inter
I mountain states is for the free cOinag e
/ of silver" declared MIR. Cannon in inn
( passioned tones, land they look to the
1 leadership Of Henry M. Teller. rather
than to that of the distinguished Sena-
/ tor from Ohio (Sherman-)
Mr.. Cannon added that any man from
/ that section who drew his inspiration
/ from Mr.. Sherman and Mr. Morrill,
[ would be rejected by his people.
Mr.. Allison spoke briefly on the bond
/ bill He said it was well known that
/ the bill could not become law
Mr.. Allison reviewed the causes lead
I ing UP to the bond law of 1875, which
/ was intended to overcome the instabil-
/ ity and panic following the war He
/ denied the assertion made during the
/ debate that the law of 1875 was for
1 the sole purpose of redeeming green
1 backs and then cancelling them, after
which the bond power ceased On the
} contrary, he said. 1t was to be cOntIn-
] ued power to give a stability to values
! No part of the people could be benefit
/ ted by q huctuating, unstable, depress-
ed mOnOmetallic currency. No expert
ment should be made in repeating the
very law which brought stability
AS to the seignorage from silver, Mr..
Allison showed that seignOrage could
not arise until after the silver was
coined. that the present mint capacity
was restricted to 40 or so million a year
and that no seignOrage would be Hmi-
ted to q - or Is millions So that, said
he, senators We're playing horse" with
the great question Of the governments
I par money They were running the
hazard of going back in 80 days to a
par basis not convertible into coin. In
q sharp cOuOQuOy with Afr- Butler, Mr..
Allison declared his opposition to fat
money and to the indirection by which
the pending bill sought to take a step
toward free silver coinage without
| waiting for legislative action.
IT believe that the United States can
I not open its mints to the free coinage
of silver without becoming a
I mOnometallic nation that 1T cannot
take this step without an agreement
/ with other nations" said Mr. Allison,
and I will continue to vote against
the free coinage of silver at 16 to I by
this country alone"
Mr. Chandler deprecated the spirit
and manner Of the author of the bill
had talked of revolution and blood
shed"
Mr.. Butler arose to diselaim such ut
terances
Mr. Chandler insisted that the sena-
tors language had conveyed indirect
threats and had tended to revolution
and bl0odshed.
Mr. Chandler held up a newspaper
which he said was the Caucasian, pub
ished by Mr.. Butler in North Carolina.
and which contained extreme and viO-
lent attacks on Senators Hin and Sher-
man and others with whom Mr.. Butler
was in daily intercourse.
AS to the bond issues. Mr.. Chandler
declared that the president and the
secretary Of the treasury were men OF
sterling personal integrity, standing as
! the representatives Of the credit of the
I government. No one charges a mis-
appropriation or embeEzlement of the
funds which have been raised by the
sale of bonds.
II am thankful that two-thirds OF
the senators on this side Of the cham