New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-02-27
FOR A MONEY CONFERENCE.
ONLY FOUR VOTES CAST AGAINST THE
BILL IN THE HOUSE
r. WAS PASSED pY 90 TO AFTER TWO HUM
OF pEsArE-srEEcHEs FOR THE MEAS
IRE BY CHAIRMAN pINGLEY AND
X-SPEAKER GROW
,.x TELEGRAPH TO THE TRrBuNE.l


had made itself heard al the public st'ineS o. NV
~o,,ore Committee when the measure WAS ."e,o
Under consideration did not present Il ioi
,ront In the House OF Representatives 'o-oaS' ~"
the contrary. IL was so smali ana wen ,o
actually pathetic, II not pitiabie' Aitei
hours debate the rules were suspeh"eu az
hi, with the amendments recommended ny 'ne
~.,.ao Commi,,ee was passed by vote OF z's
,.,s ~ A navs-the negative votes being cast Wy
Nessrs Henry of Connecticut: Johnson Oh i"u
lana. Knox of Massachusetts. and Quge' VI Wv
York 1t will be noted that the vote was p'e'''
full as well as substantially unanimous o',
The Affirmative votes represented were OF All
ahaaas ~ on,ion,so far as the silver question was
concerned All the Democrats. Popocrats ana
ponulists present and voting were recordeo III INC
Affirmative as were nearly all the Repuohcahs eA
cept the four mentioned.
AN AMENDMENT ADOPTED.
The most important of the amendments reoo'
mended by the committee was ADDED 10 the seooiiu
section Of the bill which. as passed ny the oeha'e
authorized the President Of the United states IN
me name Of the Government OF the United states
~ call in his discretion. such international con-
ference 10 assemble at such point AS might De
agreed upon The amendment added by the House
10 this section further provides as follows:
And he Is further authorized IL in his Judgment
the purpose specified In the first section hereof can
thus be better attained. 10 appoint one or more
special commissioners or ENJOYS 10 suc s oi Inv din
omatic negotiations an International agreement for
the purpose specified In the irst secuO IRE
pria tons herein made as shall be necessdr! shd ne
available for the proper expenses ana coihiehSa'o
OF such commissioners or ENJOYS
An additional section also attached TO the
bill repeating much OF the Sundry Civil Appro-
priation act of 1925 as authorizes the appointment
OF delegates International Monetary CONFER
ence. The first section of the bill was not AMENDED
1t provides that whenever after March a. 1884, the
presi az he shall determine
the United States should be represented at any IN
ternational conference called by the United states
or any other country with view 10 securing by
international agreement "a fxity of relative value
between gold and silver as money by means OF a
common ratio between these metals. with free mint
age such ratio" he is authorized TO appoint hve
or more commissioners TO such conference, and ap-
proprlates the of 100000 for the compensation
and reasonable expenses OF the commissioners, IN
Guiding the proportion 10 be paid by the United
States of the joint expenses of any such conference
The debate which preceded the vote was an
Interesting and somewhat instructive one. and
marked by two three sharp pas
sages and brisk colloquies. Mr. Towne (oot-
ing silver Republican,, of Minnesota. wanted
10 take Governor Dingley to task for 'imputng mo-
t.ves 10 the silver Republicans which they denied
and repudated. and Mr.. Qugg resented some allu-
sions 10 him by General Gre svenor, of Ohio
The motives which led the Popocrats and Populsts
TO vote solidly in favor Of a measure which they
with accord declared would be barren of re-
suits very difficult TO understand. They
hope and believe that international conference. II
held. will result in no agreement and that the
failure agree will strengthen the hands of the fat
silver monometalsts Of the United States. and
therefore they eager vote for the bill. The
members who voted and spoke against the bill ap-
peared to be and sincere. but OF their
logic exceedingly lame. say the very least OF
IT. Mr.. Johnson. Of Indiana. however gave better
fNr ht Ai., 90 +hA thn1o
did. The speeches in favor Of the bill by Chairman
c. w Stone. OF the Coinage Committee; Chairman
Dingley and General Grosvenor, of the Ways and
Means Committee ex-Speaker Grow, of Pennsyl-
vania. and Colonel Hepburn. Of Iowa. were short
but pithy and exceedingly effective
MR.. DINGLEY's ARGUMENT.
Governor Dingley who has been seen in the House
only twice before since he and his colleagues en-
tered upon the task OF framing a tariff bill
which shall give adequate protection to American
industries and the time yield enough ad-
dtional revenue TO fill the wide gap between receipts
and expenditures. loudly cheered when he arose
10 speak. and was repeatedly applauded he pro-
ceeded with his remarks. He spoke only six minutes
but into that brief space he packed an answerable
and conclusive argument In favor of the passage of
the pending bill. Mr.. Dingley spoke as follows:
can only briefly suggest two reasons why
shall support the pending bill First. II Is in re-
sponse to the clear distinct unquestioned pledge
(Applause) The Republican party at 81. Louis de-
Independent action of this country because they be-
lieved as believe. and as every scientific bimet-
such independent free coinage of silver at Is to
is nothing in the world but silver recommendation.
would promote so far as lay in their power an
international agreement for the free coinage OF sill
yer, under circumstances which should make every
dollar of silver as good as every dollar In gold and
that pledge 1t is our duty to-day by the passage
OF this bill 10 endeavor TO respond 10. applause.
Secondly ] am In favor of the passage OF this
bill because believe that its defeat under the cir
view OF the pledge which We made at the st. Louis
Cor wOe resr in
1t must be understood that there are in this
While opposed to the free Coinage Of silver by this
country alone. because they believe II would give
would. are yet in favor of honest effort to
secure international agreement upon this point,
through the cooperation Of the commercial nations
Of the world Il will give us curreLoy every dollar
shall have gold standard or its equivalent That
millions of people who believe that this be
accomplished. hold that IT would be fatal mis-
conditions not to meet the wishes Of those
men and give thorough trial to this endeavor TO
obtain international agreement. If IL fails then
shall have done our full duty in the premises.
and no harm will have happened II it succeeds.
mercal world universal and common standard
Of value that WI pr1mote inter- ational trade
cumstances that 1t Is the duty OF every Repub-
fact that We should damage the cause of sound
money by refusing TO meet our pledge. to vote for
this proposition. As Republicans or sound
money men, we cannot go TO the country and say
that IL this measure had been presented TO us two
months ago would favor H. but now we are
opposed to it. We cannot dodge it in any such
one word further. When the suggestion is made
that gentlemen in favo- of silver a Is ] vot
ing for this bill. / want you 10 read between the
lines of their speeches. and you understa nd
very distinctly that nothing would please them so
much as 10 see this bill defeated to-day; and II
their votes would do II they would cast them.
EX-SPEAKER GROWS REMARKS.
Mr.. Grow spoke In part follows
Many persons believe that the passage by Con-
gress OF law 10 reopen the minis OF the United
States TO the free and unrestricted coinage OF sill.
at ratio OF value OF sixteen ounces OF silver
to ounce of gold would OF itself restore the
silver OF the world 10 its former market price OF
81 y an ounce, while IL is now selling In all the
markets OF the world for less than SO cents an
ounce making the commercial value OF our silver
~ l4