The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1898-01-27

obligations in deprecated currency, and
did not now.
Mr. Hoar (AIass.) followed in a
speech in which lie maintained the DO
sition he took yesterday, that the ques-
ton under discus sion was not one of
law, but one Of honor and integrity. He
said that the advoC 3tes of the pending
resolution maintained that, by a crime,
the price of silver had been reduced
until the silver in a dollar was worth
only A cents, yet the same senators
who made the charge of that crime"
advocated the payment of the govern
ments obligation in this deprecated
money-money that had been depreciat-
ed, as they claimed, by crime.
Mr.. HOar said that it had been made
evident by the statement of the sena-
tor from Arkansas Berry, to whom
he referred as an "honesc, stalwart old
Confederate who was willing to walk up
to the lannon's mouth" of the pending
question. that it was the purpose Of
the silver men 10 go into the campaign
Of 1900 and declare it to be right and
honest to pay obligations in 40-cent
dollars, and to stigmatize as grab
bers' and robbers those who diff
fered from them on the honesty of such
a policy. The Colorado senator, when
he rose to begin his speech, Mr.. Hoar
thing. In fact he was always resent
ing something.
Mr.. Teller rose to call Mr.. HOar's at
tentiOn to another statement. and when
he had done so, Mr.. Hoar ridiculed him
by likening him to the small boy. who,
when asked what the cost Of II pounds
of beef would be at cents pound, re-
piled: You can't get beef at no such
price"
INDUSTRIAL SITUATION.
Tn the course of his remarks, Mr..
Hoar referred incidentally to the pres
ent Industrial situation in New England
and its relation to the Dingley tariff
law. He was glad and the people of
New England were glad of the indus
trial prosperity of South Carolina, Ala
bama and Georgia. but he did hold that
the people of New England did not
want To be brought into competition
with communities where long hours
are the rule in the industrial establish
ments, and where child labor was en-
ployed in the factories. He said that
these practices were not known IN New
England, where limited hours for
WOrkmen and no child labor were pro-
vided for by the law. Competition upon
a basis of equality of laws would be
welcomed by New England.
Our policy" said Mr.. HOar, lis not
bounded by state lines. We are New
England men, but we are, above all,
Americans"
CONNECTICUT PLATT.
Mr.. Hoar shortly afterwards con-
Guided. He was followed by Mr. Platt
Comm. in an address in opposition to
the pending resolution. Mr.. Platt de-
clal.ed that is was the purpose of the
advocates of the resolution to override
the solemn declaration of congress that
the parity OF gold and silver coins
should be maintained The senator
from Nevada Stewart talks about the
trouble and misery among the people,
said Mr. Plat but when this govern
ment, according TO the advocates TO
the pending resolution. viii be given
two measures Of value-measures that
mean TWO things-the misery and trou-
bic we have now VIII be as nothing
compared with what they viii be then
Such a condition would be worse than
pestilence and famine combined"
Mr.. Platt said that if he could believe
that this country could coin silver free /
" without destroying the debt-paying
power of silver. he would be glad to
enter upon that policy. He could not,
however. entertain the possibility of
such policy.
CHANDLER TOOK EXCEPTION.
In the course of coHoquy between !
Mr.. Piatt on the one side and Mr. Al !
len and AIr. Tiliman on the other, Mr.. /
Plat stated that this country had now !
bimetaIism. To this Mr.. Chandler took !
exception. saying that any definition of /
bimetallism which omitted the free /
coinage of both metals at q ratio fixed /
by law was not only incorrect but OBJ I
solete Mr.. Platt challenged MI. Cham |
der 10 produce any recOGlized author /
ity which included free coinage in the /
definite of bimetaliism-
Mr. Dfafr closed with an annGdl for :
the maintenance of a sound financial /
system.
DANIEL IN SUPPORT.
Mr.. Daniel virginia.. followed Mr.
Plate in support OF the resolution He /
said that we We're confronted upon all |
sides with the clamol Gus statements of |
the gold men that agitation of the ques- /
ton vas unsettlng business and de- |
strOying the credit Of our people Yet (
he said the gold men were holding con- /
ventions; the financial question was be- |
ing investigated by congressional COM /
mittees and The president of the United !
States in his message 10 this congress I
had advanced propositions in support /
of fastening upon the country the single /
gold standard
AIr. Daniel thought the adoption of /
the pending resolution would tend to /
preveu> raids on the treasury, and he /
quoted a statement made by Secretary {
Sherman before a congressional COM /
mittee in 1878 to that effect, but he /
maintained it did not mean that any
government creditor would be paid in /
a clipped coin or in a deprecated cur
rency-
After an extended discussion of the
silver question as it relates TO the
pending resolution, Mr.. Daniel asked
Mr. TIoar (NIassac husetts). whether he
thought that 1897 600. 600 OF silver Ger
r.r1r4 N % 70
nations honor. to be redeemed in gold.
Mr. Hoar replied that if such re-
demption were necessary TO maintain
the parity of gold and silver coin, he
would answer yes. but no such subtle.
comprehensive question, could be an
sWered broadly
Mr.. Daniel concluded At o'clock. On
motion Of Mr.. Aldrich the senate went
into executive session and ten minutes
later adjourned
IN THE HOUSE.