The record-union., 1896-04-18
Measures.


Consideration of War Claims
Measures.
WASHINGTON, April Ex-senator
Hill continued, without concluding this
afternoon, the speech he commenced
Yesterday against the passage of the
Peffer resolution to investigate the bond
sales of the present Administration.
Hill saved his strength for protracted
fight by having read at the Clerk
desk the various laws relative to the
redemption of greenbacks and quota
tions from President Cleveland mes
sages on the financial question. He has
still much matter in reserve, and may
continue for two or three days, ana eS-
peciaIlv if he secures the assistance ne
did this afternoon.
Hill was about to yield to a motion for
an executive session when Gear (Rep)
of Iowa reported the bill for the re-
funding of the Pacific bond-aided rail-
roads. This led to an alteration De-
tween Gear, Chairman of the commit
tee. and Allen, the Populist Senator
from Nebraska, in which some warm
words were used on both sides. Gear
statements were characterized by Alien
as false.
Allen was called to order, and his
words read from the Clerks desk after
which he was permitted to proceed IN
order Aliens subsequent remarks con-
sisted of a tribute to the recent candl-
date of his party for the Presidency.
James B. Weaver and defense OF the
principles of the party which Gear had
attacked
Hoar of Massachusetts,, who expects
to leave the city Immediately, spoke
briefly in favor of the investigation
resolutions, and criticised the remarks
of Hill as being more in place on the
stump than in the Senate Chamber
The attendance of the Senate was
very slim. and when, after the disposi-
ton of routine business Cannon OF
Utah sought to call up the Senate reso-
luton directing the Secretary or the In
terior to open the Uncompahgre Reser-
walton in Utah to settlement, in accord
arce with existing law, the point of no
quorum was made. This resolution
lost its place as the unfinished business,
and went TO the calefro7r yesscrday
when PETERS bond resolution was
taken up.
Cannon moved to again take it up
and consider it until O'Clock, without
displacing the bond investigation reso-
luton.
Upon the call of the Senate hfty-nlne
Senators responded, more than quo
rum, and the joint resolution was theh
taken up.
Unon Cannon's suggestion the order
of business was laid aside for twenty
minutes. in order to permit Senator
Villas, who antagonized the resoiutioii'
TO reach the chamber
German Dem) of Maryland suggest
cd that in the absence of Villas, who de-
sired to be heard on the supJect' the
r7atter go over until tomorrow.
A1drich remarked that there must be
some purpose back of the constant at
..,,z4r +o dalav business If there was
Il might as we'll be developed now as
any other time.
This nrecipitated a lengthy colloquy
batuaen German. Aldrich and Chandler
ahout delay to business, when was
epded bv the appearance OF Was. lie
amde an argument against the IN
compahgre joint resolution.
A. > o'clock the PETER resolution was
laid before the Senate
Turnie Dem) of Indiana asked unah-
;r,ous consent that Villas be permitted
To conclude his remarks, but PeHer oo-
jected.
hin Dem) of New York then ad-
dressed the Senate on the bond lnVestl-
cation resolution. continuing the speech
begun by him yesterday
George Dem.) Of Mississippi asked II
under the existing law bonds couid .
sould to secure gold for any other pur-
nose than to redeem greenbacks ana
maintain the reserve
Hill said that was the whole author-
itv and gold had not been used Tor any
other purpose.
tIiu then read the Resumption Act OF
1917 under which, he said, bonos couId
be issued to obtain either gold or silver
as the Secretary of the Treasury might
alact The theory of the friends OF the
panding resolution was that that law
had exhausted itself when specie pay
r,ents had been resumed But the law
Of 1878 provided for the continuous
issua and redemption of greenbacks,
and gave continuous authority TO pro-
feet tse ereenback currency ana re-
deem il so long as required. The laws
of 1879 and 1873 must be taken to-
pether. Had not the power been eXer-
cised to issue bonds disaster would nave
resulted. This neW-DoIh parry, no"
ever. was contending that these bonds
had been issued without authority. Why
cast discredit on the bonds of the
United States? Why insinuate doubt
where no doubt existed? 1t would have
been impossible to keep up the credit OF
the Government without bond issue
There was a deficiency in Government
revenues, and some money must be had
for the support of the Government.
While these bonds were not actually
issued for keeping up the expenses OF
the Government, yet ii amounted to the
same thing Therefore he would ash
those who doubted the authority te
issue bonds how, in view of the deadlock
existing between the House and Sen
ate. the credit of the nation was to be-
maintained otherwise. He had not sup.
ported the Wilson bill; he had used hi.
best endeavors to have some of its OBJ
noxious provisions stricken out. Bu
the bill was passed. and it was now con.
ceded by both its friends and enemie.
that it did not provide sufficient revenue
for the support of the Government
Funds were procured otherwise to sup
ply the deficiency-the bond-issuins
power had been exercised. What chao.