The times., 1897-12-07


debt which would not circulate, and
thereby diminish the currency or the peo
pie.
Again, the $346, 600, 900 of green
backs are taxable, ana, therefore, the
owners or them have TO contribute their
sbare To the support OF the states, counties,
municipalities ana general Government
by way or taxes. but this is a PROPOSE
ton 10 change the greenbacks into bonus,
which woula not he taxable, and, there
fore, would not contribute, If converted
into non-taxable bonds, anything to the
support or Government, either State,
county or municipal.
Mf. Cfeyeianu was not able to force
sueh policy on Democratic Congress
or Republican Congress- nor Will Mr..
Mckinley be more potent TO accomplish
the same result. The greenbacks have
not been retired in third OF century
by The issuance OF honos, nor VIII they
be by this Administration.
MI Mchlnlcy WIZ nave to pay hts
calnpaiSn oiiie In some other way"
Reefrring 10 the Presidents message
relative u CubaR Nc Millin said, last night:
lhe message means that Cuba can
get this Administration il it does not
need IT, II cannot get il il it does need it
IN other Wortis, this Aduinistra ton VIII
let Spain conquer Cuba ii IL can, but If it
cannot, We are liable To have the Admin
lslrdlloh Jump hi at any tine ana snatch
niue temporary glory uy aiuing the
insurgents, who 90 not need aid"
congressman Berry, Democrat, from
heitucSY, sald Tine proEositiGn OF tie
flesidehg means single GOLD standard
MY party believes in biInetallism If the
government retIeegnS every dollar In Id
III WIlideCTeaset the circulation How many
DailKs would start il greenbScks could be
redeemed in Sold2 Very few. The prone
sltlon means the retirement of s346, ,UuU,-
ooU of greeubaCks ana the contractlon OF
currency TO that extent. / 10 net believe
Congress can pass such bill. II could
not pass the Senate, / aim sure, but L
do not know what Speaker keed can do
iii the House."
congressman Fitzpatrick, Democrat, of
heBtueEy, said he did not care To DIS
cuss the currency question mt length, but
ne FELT certain tdat the Ilan proposed by
the PRESIDENT would contract the cur
rehcy' ana that no ulll OF sucn char
acter could pass the Se' ate
Senator McEnery OF Louisiana. said. ..T
stand on the Chicago platform, and |
therefore disagree witt ht President 4
Opinions anu oCIciuSIons ari.wn from tI
republican piltforni. do net ayr =.
therefore, with the Ires.. in his tIn,,-
c1ai policy. | have no. . ,et pad niuc,,
''e'Sh''uh 70 his dTSu;-. -. III oeJaii, but
generally speaking | am t0r a rigid al l.r
ence To the financial planl. Of tile plat
ed in 1896.
nat about the Cuban policya"
doh Ike the Presidents view. That
is all care TO say at present.
Mr' swanson, of Virginia: The Presi-
ueilt recommendations ON the currency
question IL enacted into law w,,ni,
Ifa
lhtehts ana purposes, simply GOLD certin-
Gates, because, the Treasury notes, when
once IN the Treasury, can only be refs
sued upon deposit OF gold. and then
become absolutely Eold certificates. and
VIII only save the necessity OF printing
gold certificates In the future His poIicv
would Inean 4 Contraction of the cur
Ieicy ultimately to the extent OF these
treasury notes, ana the complete estab-
ishment OF the gold standard. with the
exception OF the silver certificates. which
VIII pc treated in the same way as soon
of. ''eH ~
The silver element prophesied. when
the Fresloent recommended the repeal of
the SHERMAN law, that the Golu men
woaid make the effort to retire the green
backs, AMI that was emphaticaIIv deniad at
the time.
a 20 the Cuban question, Mr. Swanson
said; The message gives the algfifnent
anu the reasons entirely to Cuba. and
has rendered tife dacree IN favor of Snafn
The Facts as the President puts then, shouId
JustitS Tie recognition of the belligerents.v
MI Cooper: IL is fiat and tame de-
llNerdnce, mere epitome OF the situation
IN which the Republican party finds itself.
There is no effort evident To take positiye
actloni no attempt at heroic action The
FTesident and MS party are simply trusting
TO tine 10 pun them through. At pres
ent they are in more than one diJanraa
ana especially on the financial question: >,
Mr. Babkhead, of Alabama: Il DO not
agree WIN the President, OF course, in
ms financial arguments. / don't think
that his opinions win ever be enacted into
law; nor do | think that the greenhacks
VIII ever be retired according 10 the meth.
ods he suggests
Mr.. Banktead thinks this Government
should be conservative in dealing with
tine Cuban question. My sympathies
are with Cuba but my Judgment is that
we ought not to do anything that wouId
provoke trouble with Spain" Mr. Bank
head disagrees with the President as ia
the annexation or Hawaii.
Ba,ll-o 4etr. o. 4y..s.s. think the mes
SAGE Is pretty faithful photograph If the
attitude of tie Republican party. The
party does not know what to do, and the
NN
President evidently VIII not take tie re-
sponsibiiity of telling it what to To- So
far as the currency is concerned. his psrtv
is in favor Of the single standard and every
pretense Of favoring b;metaIlism is a snarn.
iheyare afraidto tocomeoutandtake stand
on what they really believe. AS 10 Cuba?
| think the President has taken shelter
behind Grants name to justify condition
of things totally different from that in
Grants time
Senator Perry, of Arkansas: 81 think
the Presidents recommendation about re-
tiring the greenbacks is simply what we
have believed the gold men intended to do;
and they have denied that such was their
intention. In my opinion, If the sugges-
tions OF the President were carried out,
it would be a great misfortune to the
country. If his recommend tions had
been made prior to the Ohio election
the Democrats would have carried the
State. agree with what the President
says about the Congressional Library"