Santa Fe new Mexican. [volume] (Santa Fe, N.M.) 1898-1951, 1898-01-17
WASHINGTON TOPICS
Senator Wolcott's Promised Speech
on International Bimetallism
Filled the Senate Galleries.
BRILLIANT, CHARACTERISTIC
Oontended That the Monetary Commission
Was Unfairly Treated in London Some
Of Its Obstacles s-0ther National
Capital Matters.

| uioh VI uh hiptISooAio ocooio'i vi viz s''iA
ate today, all the galleries were filled
Mrs. Wolcott, wife of Senator Wolcott
chairman of the bimetallic commission
| who was to deliver speech upon th'
work of the commission, was in th'
diplomatic gallery with her friends.
Mr.. Foraker announced that the leg
islature of Ohio had chosen Marcu!
Alonzo Hanna as senator for the re
mainder of Mr. Sherman's term Of six
years, ending March 4, 1899.
He presented Mr.. Hannas credentials
Many senators FASTENED to extend con
gratulations to Mr.. Hanna, after the ad
ministration of the oath.
Among the memorials presented were
the remonstrances of 512 Roman Catho
lie societies of the United states repre-
senting more than $4,000 members, Of
fered by Mr.. Murphy IN. w. against the
enactment of the pending immigration
bill.
Mr.. Hale, of the appropriations com
mittee, reported the urgency deficiency
bill, passed last week by the house, and
gave notice that he would call it up to-
morrow.
MI. IldIIiS (AOS' y plSoCuOCu IVSVlu'
tion, for which he requested immediate
consideration, asking the secretary of
the treasury why, since 1882, he had
omitted from his statement an item of
more than Sill 100000, interest due the
United States from the Pacific railroad.
Objection was made by Mr.. Thurston,
(Neb. J and the resolution went over
until tomorrow
Mr.. Allen (Neb., } presented and asked
immediate consideration OF resolution,
directing the committee on pensions to
ascertain by what authority the com
missioner of pensions refused to pass
upon the application for an increase of
pensions until IL months shall have
elapsed since the allowance has been
made.
Mr.. Gallinger IN. H.,) chairman of
the pensions committee. objected to the
immediate consideration of the resolu-
ton. The resolution went over.
Mr.. Foraker reported, from the COM
mittce on Pacific railroads, bill au-
thorizing the president, if necessary for
protecting the government to bid on
the Kansas Pacific railroad at the com
ing sale. 1t went over until tomorrow.
At 1880 Mr.. WoIcott (Colo.,) chair
man of the bimetallic commission, was
recognized for speech. BY this time
the galleries and floor were crowded.
Mr.. Wolcott was in fine voice and
spoke with only occasional reference to
manuscript. He was accorded the
closest attention by his audience among
whom We're many members OF the house.
senator Wolcott's speech.
Mr.. Wolcott reviewed fully the work
of the commission, already made pub
lie. He spoke of what he termed the
''hostile and somewhat brutal utter
ances of the London press respecting
the proposals of the French and Amer
lean representatives"
''The newspapers of London, like the
newspapers of many capitals" he went
on, ''are dominated by and allied with
tho banking element and reflect their
views and often their expressions"
''The business of money loaning is an
engrossing pursuit, not always tending
to the cultivation of the amenities of
life, and it is not to be wondered at that
the Loudon newspapers, voicing that in
dustry, should in their hostility to a
policy Of which they disapprove forget
for the moment that courtesy which is
due to the stranger within their gates,
especially when he comes upon invita-
tion, and that they should be led to
characterize proposals as impertinent,
which were made only upon request OF
the own government"
Mr.. Wolcott spoke at some length up
on the conditians in India. The closing
of the mints had, he said, created wide
dissatisfaction and there was u general
impression that the Indian government
would retrace its steps.
II am sure violate no confidence,
said Mr. Wolcott, ''when say that the
answer of the Indian government, pro-
testing against the reopening of the
Indian mints, was as much q surprise to
the English ministry as it was disap-
pointment to us.
Obstacles Enumerated.
Mr. Wolcott enumerated the obstacles
with which the commission had to con-
tend in which he included the remarka-
bic drop in the price of silver, coincident
with tariff legislation in the United
States, and the statements of New York
bankers, in England, who, he said,
sought access to the English officials and
assured them that any sentiment which
formerly existed in the United States in
favor of bimetallism was dead.
The other statements made by bankers,
according to Mr.. Wolcott, were the fol-
lowing: That the mission was sent solely
as a sop to a few far western Republic
ans: that the country generally favored
the gold standard and that the presi.
dent of the United States shared this
view.
'Thcse statements were,' Mr.. VOL
colt said, ''of course untrue. but. in sup.
port of them, there were people who as
sumed to present interviews and state
ments of the director of the mint, a hold
over of the last administration: the late
comptroller Of the currency, an equal
precious legacy, now out of the public
service, and translated to the Chicago
banks, and pretended statements in let.
ters and interviews from the secretary
of the treasury to the effect that there
was no chance for international or other
bimetallism and favoring the permanent
adoption of the gold standard.
Forged Letters and Interviews
1--WE insisted the letters must be fOrger
les and the interviews fictitious, and l trus
they were, for it was inc0nceivable that
member of the cabinet would attempt
to undermine the efforts r of mission
appointed by the president, and whose
efforts he was cordially and jealousy
seconding.
Senator Wolcott summarized the
present situati by saying that it is
parent for the time being that it is
less to count on any cooperation
Great Britain toward q bimetalli'
ment, and that while Fran