Evening star. [volume] (Washington, D.C.) 1854-1972, 1898-01-28
PAYING BONDS WITH SILVER.
Animated Discussion of the Teller
Resolution,


An interesting debate on the Teller reso-
luton justifying the payment of United
States bonds in silver kept the Senate oc-
cupied yesterday evening until $50 o'clock.
The speeches for the most part were
studied effort, but there were numerous
lively incidents during the day.
After Senator Daniel concluded his speech
Mr. Lodge addressed the Senate Mr.
Lodge declared:
Nations, no more than individuals can
afford to confne their honesty within the
limits of the law. Statutory morality is
not best either for states or for men," The
senator said that the parity of our gold
and silver money could be maintained only
by having every form of our currency in
Interchangeable Either the existing gold
standard must be maintained or the coun-
try must authorize free silver coinage.
MIR. Lindsay (Ky) followed in a set
speech in support of the resolution He
said, however, he wanted to protest against
the statement that had been made to the
effect that all those who would vote for
this resolution would by their votes indorse
the views of all who supported it, Mr.
Lindsay held that it was not bad faith on
tne part OF the government to pay obliga-
tons IN any money authorized by law.
Mr.. Aldrich asked whether the country
could commence free coinage and go to a
silver basis without derogation of the rights
OF either the public or the private creditor
1t HiISIl ne unWlSS, replied MT. Lind
say, but the question presented is one of
policy, not of good faith. The law passed
In a constitutional way so maintained
Always determines the question of good or
bad faith
Mr.. Lindsay said it was never a VIOLA
ton OF faith to keep contract in both
letter and spirit, and all the talk upon
this resolution would never change that
position.
In reply to Mr. Lindsay's statement that
the opponents of the resolution had forced
the fight, Mr.. Aldrich said: The senator
from Kentucky is under a misapprehen-
SION We did not bring this resolution be-
fore the Senate. 1t was brought here by
Mr.. Vest, one of your distinguished friends
after II had been introduced by the sena-
tor from Colorado CTeller) Three years
ago 1t was introduced in the House by the
Hon. VIM ]. Bryan. the great leader of
the democratic party, and the discipline Of
your party is so strong and eXceiient that
even the senator from Kentucky is now
round hghting under Mr.. Bryans leader
ship
The senator from Rhode Island had bet
ter look after his own leadership" replied
Mr.. Lindsay, land not trouble himself
about mine"
II do not expect" retorted Mr. Aldrich,
that the senator from Kentucky will ever
vote under my leadership. Discipline on
that side of the chamber is too strong for
him ever to sever himself from the demo-
cratic party. 1 wish that party loyalty
were as strong on this side of the cham
ber"
Mr. Wolcott (Col.) was on his feet in an
instant THE senator from Rhode Island"
said he, tartly, expresses the wish that
party discipline were stronger on this side
of the chamber. 1 wish so, too. And l
wish that senators on this side of the
chamber would not go off from the tenets
and principles of the republican party at
the behest of an Indianapolis convention as
some of them have done"
MT Canery (La-) delivered an extended
speech in opposition to the resolution IF
this resolution means what has been at
trfbuted to it," said he. lit is clearly vio-
lation of public morality, II i have any
proper conception of what public morali-
ty is
Mr.. Smith On. j. followed Me- Caffery.
He saw no necessity for the resolution He
had, indeed, supposed that Mr.. Aldrch was
responsible for it for purposes of his own
Mr. Aldrich disclaimed all responsibility
and was promptly acquitted.
Mr.. Smith announced his intention of vot-
Ing for the resolution on the ground that
1t was not new declaration. In doing
this he would not. however surrender his
individual views on the free coinage of sill
yer. In conclusion. Mr.. Smith reiterated
in reply to Mr.. Aldrich. that he was on
posed TO free coinage at the ratio of 16 to 1.
Then" said Mr.. Aldrich 1.-THE resolution
does not mean the restoration of free COIN
ageg'
Not as legal proposition, am assured"