Shoshone journal. [volume] (Shoshone, Idaho) 1884-1931, 1896-05-08


by William Graves to secure S4,5oo.oos
Of bonds.
The affidavit was read at great lengts
At another point Hr. Hill read from a
Philadelphia newspaper, saying it ought
to be good authority, as it represents the
: views of Mr. Quay, a "recent candidate
for the republican nomination for the
presidency"
There was a laugh at the emphasis
Mr. Hill placed on the "recent."
Mr.. Hill, commenting on the contracts,
spoke Of the fact that August Belmont
& Co, Drexel, Morgan & Co, represent
ing Rothschild & Son of London, Selig-
man & Co, Of New York, and others,
we're those who contracted with Secre-
tary Sherman. Then, as now, said the
senator, the syndicate got the bonds.
The men who had the money invested
it. The senator said It was not that he
cared anything for \ r Carlisle. or for
tire administration, but ifthese bond con
tracts were to be paraded ION the
stump" in the coming campaign, then he
proposed to place the Sherman contracts
alongside the Carlisle contracts, show
ing that the former were with the same
bankers, "the same J. Pierrepons Nor
gan that you are throwing into Mr..
Cleveland's face"
Mr.. Hill yielded the floor temporarily
to Mr. Pettigrew Rep. S. d. fer a
speech on tariff and finance. The speech
was a succinct record of the government
transactions for the last five years. Mr..
Pettigrew asserted his belief that the
recent financial scares had been purpose
ly worked by the presenr administration |
in order to force congress to pass ad- /
ministratioA measures, and after that to /
compel financial transactions to "enrich
the favorites of the president, if not the
president himself"
There has been, he said, a deliberate
conspiracy on the part of the admins
tration to break down the governments
credit Mr.. Pettigrew spoke Of the part
taken by former law partner OF Mr..
Cleveland" in negotiating the bond con
tract with the Morgan syndicate. The
senator said if some mayor or governor
or less favored individuality than pres
ident had acted Il this way, "impeach-
ment or criminal prosecution would have
at once"
Nh Pettigrew believed in a searching
which would "lay bare"
the secret features of the bond transac-
ton.
A sharp controversy occu rred between
Mr.. Pettigrew and Mr. Hill as to what /
course Secretary Carlisle should have c
pursued in awarding the forfeited c
bonds. Mr.. Pettigrew asserted that the L
award to Morgan & Co, was "rotten and I
dishonest to the core" t
Mr. Pettigrew also criticised Mr.. Sher- 0
nan for his recent tribute 10 the treas b
Try administration. 4
"Who is more competent to express o
UGH a tribute'" asked Mr. Hill "than Il
he distinguished statesman from Ohio, n
imself a secretary of the treasury" 81
That is a matter of opinion" replied P
lr. Pettigrew. 81 do not doubt that So
he senator from New York and the IL
forgan syndicate will forever proclaim in
nat the senator from Ohio is tke best
uthority that can be found. so long as h
{ openly endorses the plumber of the CO
-ople and the robbery of the treasury" ri
The bond resolution was laid aside, "a
Ir. Hill retaining the floor, Mr.. PETER of
aving concludes not to press for vote tt
might ca
Mr.. Allison asked when a vote on the tn
,nd resolution would be expected. IN
Certainly tomorrow" replied Mr..
efer.
Then let time be fixed for tomor-
W." said Mr. Allison. 10
Mr.. Hill was quickly on his feet again. bo
: would be impossible" he remarked va
Iilingly, "ts nix date now for a vote" ins
Many bills were passed, as were also str
Is to amend the act granting right of wit
y on public lands for reservoir and ura
nal purposes by extending the law to is
ctrical purposes, also to provide for eac
. examination and classification of ow
tain lands in California and Oregon los
.ntral Pacific and California and Ore in
4 railroad lands.) vii