Union County courier. [volume] (Elk Point, Union County, D.T. [S.D.]) 187?-1913, 1896-02-06

Tor dollar, there ID no object In retir-
ing gold from circulation. II n this
principle Of inconvertibility IA iav
ana IN practice that has kept md IL
keeping our large volume of silver
currency In circulation on : parity
with gold. The American. people ara
IN ample and complete bimetaliic cir.
culatiOn Of It because thew have 0nnd
ground to fear that free and unlimited
sllver coinage would destroy such BIZ
meIaillsm that they are opposed to
socn coinage. England, said Nelson,
occupies q vantage ground because
ner exchanges are made in the univer-
8 money Of q world. The United
states should stand at the head OF the
industrial and commercial world. II
we would win that high place we must
adnere to the universal money stand
ard of the world.
Senator Bacon, democrat, of Georgia
Followed, it being his first speech
since he entered the senate. He said
the irrepressible conflict over the
restoration Of silver which has been
.waged for twenty years must speedily
be settled. He compared gold mono
metallism with true bimetallism. viz.
Silver and gold as primary money.
Evidence is abundant that gold alone
Is not sufficient for all redemption
purposes.
There was a sharp colloQuy between
Senators, Bacon, Hill, Lindsay and
Stewart, as to whether the demand
was for gold for redemption of green
backs. 1t developed that the new
senator from Georgia was to bean act
i've and skillful DICTATOR.
Senator Bacon showed that the cost
was s4,OOO,0U annually to the state of
Georgia in meeting it's shares of bond
obligations incurred by the govern
ment.
Senator Lodge of Massachusetts,
offered an amendment to the pending
bond silver bill providing for the issue
OF SlOO,OOO,OOO Of bonds for coast def
Tense purposes, the issue to be 4 per
cent. twenty-year bonds, Mr.. Lodge
said the amendment had no financial
issue involved, but was merely q
practical plan to build the necessary
coast defenses.
German answered Sherman's state
ment concerning the treasury admin
istration. He declared the course of
the treasury now was the same as that
under Secretary Foster and as far
back as the. administration of Secre-
tary Sherman. The democratic CON
gress had enacted q revenue law which
would have afforded an ample revenue.
But the income tax had been wiped
ont hv q doNioiop ~ Tho c,~~ouon oc,,~<
of the United States. 1t was an un-
forseen event. The question now was
not n of party or Of politics. The
senate could not determine the ele-
ments of this great financial subject.
1t is too great, too serious a question
that senators should stand here handy
ing charges as to which party is re-
sponsible for the present conditions.
After a brief but striking debate the
senate agreed to the concurrant reso-
luton urging decisive action by Euro
pean powers against Turkey and pledg-
ing to the president the support of
congress in the most vigorous action
he may take for the protection of Am
orleans in Tu, key n redress for in
juries to American persons and pro-
perty. The resolution is radical and
demands that peacebly or by force of
arms the Armenian atrocities be
stopped.
In the cource of his speech advocat-
ing the passage of the resolution Sena-
tor Frye said:
If the American flag had been
raised over the consulate at HarpOot,
it would have saved twenty thousand
lives"
Six millions of invested American
capital in Turkey was held up. The
American college at Harpoot was
burned and it's American directors
compelled to fee for their lives.
"If ! had had my way" after these
European powers had stood cycling
each other for q year. l would have
sent q congressional memorial to
Russia and say to that great power to
take Armenia into your possession
and protect these christians and the
United States will stand behind you
with all it's power and resources"
(Long applause in galleries.)
The two new senators from Utah,
Car non and Brown, appeared On the
floor for the first time. There was an
added interest in them, owing to the
vote on the silver bond bill in which
they will participate. Their creden.
tials were read and being in due form
they proceeded to the desk Of the vice
president where the oath of Office was
taken. They drew lots, Cannon win
ming the long term, expiring March 8,
1899 and Brown the term expiring
March 3, 1897.
Mr.. PETER offered q resolution call
ing on the interstate commerce CON-
mission for information as to the dis
elimination on passenger and freight
rates to and from Missouri points.
Senator Pettigrew introduced bill
sOday defining the status of mixed
blood Indians and providing that any
mixed blood who is only half Indian
or lesser degree, who takes allotments
of land in severalty, shall have the
right to convey or incumber his land,
and that it shall also be suject to taxa.
tons.
THE HOUSE.
In the house Chaplain Couden in
%ha divinn nuidauca for Glars