New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-05-23
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manently from power. All my ambitions and hopes
involved in the success of the Democratic party
IT is SID that represent 'r rem s1sat my Demo
cratic friends that Is the great CITY y 9l Rep1b
lcan majority and that was on local issue IL
has by its Immense majority saved tne pa az {s an
ness and bankers have maintained ndehE o ~
the Democratic cause. We cannot MAINTAIN am b Uur
Provide ample funds at al times with which to re,
deem d yGpr Js apr esde aae and
the grand old party which in all the history OF ,ne
p a nss S0ds ep con 0f sTs biz
dsnanty It's passage would be the f9ulsss, the
0 %as borribIe II was altogether Impossible II
was reputation 1t was bankruptcy was
MILLS DEFENDS THE BILL.
ur Mills dem. Tex) defended and advocated
the bill lie spoke contemptuOusy OF wealthy
American families who their daughters 10
Europe to be sold for titles. 1t was such tniieS'
he said that tended undermine the ihsu'u''oi'
OF the country and to destroy the great democrauc
that he would propose to amend his Plea eeI
6 by an oSs on are s.ee These
raw raw materials, he SAID had the benefit Of protec-
'S Mr. ' Lodge dtep', Mass opposed the bill. He
said MIR. President. have no desire to protrae,
d ns SsSa as this biz desire to state my own
position very ceqry do not db n9s 'Nr The use OF
g,d or silver the question OF money standards Is
p pody 30 b. pursued sl fi in regard es to the @
a plain question here OF honesty ana g ooa ia..I
revenues are short and show monthly and annual
deficit. know that the Senate Is unape anu AN u.
tonai revenues II this bin passes 4 means cans that
shall not only be placed II Sa, that we
shall be unable to meet the Jus, debts incurred IN
ne ha repeal Ell Of the Resumption Act
FOR It takes away the power to sustain The reserves
OF the Treasury given by that act II Will amount
Mi President. am well aware that this bill Il
H@ass %oad Kin his Sal allowed g
Ge er9 at least eomarIy Dsmoers,io would veto
GHsT ts' OF the Nun United states
81 public obsatons have been prevent
people from giving much weight to VIVA, Inc Sensse
II Is now mcr DO not stop to reason too carefully;
and II will go out 10 The world II inis bli passes;
10 put the Government in such position that II
can 10y no means whatever meet It's current onhsa;
lions or pay It's coin notes. That Is what TINS oiIi
means.
IT MEANS REPUTATION.
1T amounts TO n direct reputation. That will be
the effect. Business IS very bad II has been very
bad; men are very sensitive business is very sensi-
tive The action Of passing this bill will be an
other blow TO the business OF this country. II 1t
passes here to-day or tomorrow. you will see
repetition Of the alarm hs fear the PaRaG whf Ss
last or three years The only plea desire 70
make this moment Is that the Senate should
re know here. If It is not understood elsewhere.
that this bin can never become law that It cannot
L passes that House. get by the Presidents veto
S s S%.t mat h sns an and IT is
miscellaneous Senate without party cohesion or
Nevertheless this action will be disastrous and in
furious to the already stricken business O. me
will at least spare the country this last blow 70 its
Sng W perey "" Useless and yet
and dangerous action? have nothing further 10
earnest plea that the Senate would pass this
dangerous and dishonest bin. which can 40 infinite
Sir. Clark (Rsp. wy99 aIsav9wsd any purpose to
70 the Government and he asked XII o The, nre
vent yn' the S GovsrnmSht from borrowing every dollar
necessary not only 10 redeem the greenbacks put
Mr. ' Hill replied that the act OF 1876 the only
authority on the statute-book that gave TO the
Secretary OF the Treasury authority to issue bonds
for any purpose whatever ...,.,.,o, s.., ..
the necessity for the passage OF the bill at this
1T WOULD BRING A PANIC.
Mr.. GRAY Dsm DELI argued against the bill. de- !
claring that n there necessity for |
measures to resume specie payment that necessity
existed to-day. The passage OF the pending bill. |
he declared would bring panic business stasna- |
tion Indebtedness and want. II 1t had not been |
for the agitation OF tho unwise uneconomlca ana |
unphilosophc free coinage OF silver the country |
would be to-day on the highway to that prosperity |
for which the advance agent" had started from |
Ohio.
lie declared that the passage OF the bill would |
leave the Government stripped stark naked and |
helpless before the money sharks and godbugs OF !
New York. about whom the Senator from Nebraska |!
(Mr Allen had 50 much to say
Mr.. Sherman said that he was sorry that the bill |
had been introduced not that It could do any harm.
because 1t would fall dead and not be acted upon
either by the House OF Representatives the Presi
dent The agitation. however, would create alarm |
and business men. 1t would probably lead to grave
doubts to the ability of the Government to main |
tain specie payments. IT was reputation OF the |
public debt. and as such he denounced H. II was |
as bad II II proposed that the public debt should
not be paid 1t crime to be denounced, not |
measure to be voted on 1t was violation Of pub |
lie faith: Thank God" said he excitedly the |
right side and the President OF the United States |
will aid the House In preventing such action |
These remarks were applauded generally the first |
Mr.. Teller fiep. COLI characterized some OF Mr..
Sherman's statements as arrant nonsense and |
truthful which he could not allow go |
buled and unreproved. The craze to maintain the |
gold standard was rapidly destroying the Demo-
cratic party and would destroy the Republican |
party before II got through
n. cJ and Allen pop. Neb) the bill went over
without action.
An effort was made to have Monday next at |
p. m. fixed the time for taking the vote on the |
comes up again tomorrow as the unfinished brsl-
ness. with Mr. Allen on the floor.
The final report on the River and Harbor bill was
presented and agreed to- and the Senate at 8 D. m.
adjourned until Tomorrow
=
NOTES ON ARMY MATTERS
THE CASES OF LIEUTENANrs LANG AND FITz-