White Oaks eagle. (White Oaks, N.M.) 189?-190?, 1897-12-30
SILVER SPLITTING REPUBLICAN
Party.

IAlsi L
WAsHINGToY, d C. Ex-senator Ed
ward Q. Wolcott, of Colorado. has threat
ened to resign his seat in the United
States Senate it Secretary Cages tinan
cial gold bond plan is supported by the
A administration.
Senator Wolcott, who is thoroughly
indignant, declares that the Presidents
Endorsement of the Gage gold standard
plan would prove that he was iusIncere
in sending the Monetary Commission
abroad to negotiate for international
bimctallism
In other words, Senator Wolcott who
was chairman OF that commission,
chooses to believe that the Pfe3lden t
has placed him in ridiculous position,
He tells his friends that his self respect
demands that he resign from the Sen
ate in order to show his disapprovll of
the proceeding, and also to protect him
self against The charge that he willing
Iy undertook FOOLS erranl or was an
acquiescent party to a political trick.
1t is not disclosed whether or not Sen
ator Wolcott, if he should carry out his
threat of rosigning, would 60 back to
Colorado for a viulic tti0n of his posi-
| ton.
1t is generally understood that he
will report the result of the Monetary
Commission s trip abroad and make his
speech thereon about the middle of
! January.
An open letter from Senator Chand-
+ Ter, published to day. criticising Secre-
tary Cages plan, has been much com
mented upon by politicians. A signl
fcant paragraph in this letter is one in
which Mr.. Chandler says that if Secre-
/ tary Gage continues to press upon Con
+ gress a bill the object of which, he says,
is to commit the country more thorough
! Iy to the gold standard, the Immediate
effect will be to throw doubts upon the
sincerity of the Pre-, ident's declaration
! in favor of continued efforts to secure
! bimeIalli m.
Senator Chandler also intimates that
the course pursued by the Administra
| ton in pushing the Gage bill will result
| in disruption OF tho Republ can party
Senator Wolcott was entertaining a
larty If friends at dinner to night and
would not consent to an interview. He
courteously answered note Of inquiry
sent by The World requesting him to
affirm or deny his reported intention oi
resignjng in the following diplomatic
language over his signature:
You give me the first information /
have OF the fact"
One of the Senator's most intimate
i friends here SAID tonight that Mr.. Vol
colt, in his speech explanatory of tht
work of the Monetary Commission
would announce that after his expert
ence abroad he had reached the con
cIusion that bimeta,lism by means of ar
international agreement was impo 55ible
that he had abandoned all hope OF sill
yer being given additional recognition
through the Republican party, and that
he would henCefotth advocate nothing
but the free and Unlimited cDlnlgs Of
silver
The fact is fully appreciated that
Senator Wolcott must, within the next
two years, reingratilte him 'oIf with the
people Of his State or retire from public
life.
When nator Teller wi hdraw from
the Republican party AMI cast his lot
with the Democratic AMI P1pulists, M
Wolcott practically inlDrsel the St
Louis platform and told his constituents
that silver woull receive justice at the
hands of the Republican party. lie il
now satisfied that he was deceiveI.
Senator WoicDtt's return to the ad
vocacy OF free silver would destroy al
hope of financial Legislation in the Sen
ate. Several lukewarm Senators, sucl
as Carter. Mantle, Pettigrew and poss
bly Hanshrough are believed to be onl,
awaiting the opportunity to reprocIain
their fealty to silver
Many Of the silver Senator'S have oh
tanned all the patronage they eau exp &c