The daily morning journal and courier., 1898-02-01
TELLER RESOLUTION BURIED
SILVER MEASURE DEFEATED BY
 FIFTY VOTES IN HOUSE.

pLLF GIs hEAc OIE DEr CA D b1
 FIFTY TOTES IN HOUSE.
 Vote Reached After Five Hours Debate Dingley's Supreme Effort-Begs Oppo- sition Not to Trifie With Honor and Good Faith of Nation Bland Speaks-Ciayton Says the Defeat of Resolution Was Die tated by Masters Who Sat at R New York Banquet Table the Other Night at $1O0 a Plate-Wheeler of Kentucky Declares Republican Party Has Somersaulted- Khea of Kentucky Creates Sensation by Saying That if There is Any Hole in Hades Hotter Than Any Other 1t Is Re- served Especially for John Sherman Greeted With Kisses.
 Washington, Jan. 31.-The house of representatives to-day buried the Teller resolution declaring the bonds of the United States payable in silver under an adverse majority of fifty votes. The republicans were soldly arrayed in op position with two exceptions, MT. Lin ney of North Carolina, who voted with the democrats, and MT. White of North Carolina, the only colored member of the house who answered present" when his name was called. The deser- tions from the democratic side were MT. McAleer of Pennsylvania and MT. of Co al with the republicans against the prop osition. Speaker Reed, although it is not customary for him to vote, had his name called and amid the cheers of his followers went on record in opposition to the resolution. The vote was reach ed after five hours of debate under a special order adopted at the opening of the session to-day.
 The pressure of members for an op- portunity to be heard was so great that the leaders on both sides were campell- ed to farm out by minutes the limited time allowed for debate. This detract- ed much from the continuity of the dis cussion, but it also in a measure in tensified the interest. The galleries were crowded all day and the com 'batants on the floor were cheered by their respective sympathizers. Many senators were present to listen to the arguments. The majority, under the leadership of MT. Dingley, who made a carefully prepared speech sounding the Keynote of the opposition.
 After denouncing the last clause of the resolution as in reality a disguised declaration for the free coinage of si1 yer, MT. Dingley continued: This brings me to the consideration of the vital question as to whether the gov ernment has the moral right, in other words, whether it would be an act which the moral sense of the world would regard as in accordance with honor and good faith for the United States to pay it's outstanding bonded Indebtedness in dollars of so materially less value than the dollar which has been the practical standard of value since 1884, barring the war and the re- construction period and which has been the legal tender and practical standard of value since 1879, and the dollar in which our bonded indebtedness has UGcH p61lo lIluC ldl, pdIu Dy every du- ministration from Lincoln to Mckinley, to wit, the dollar equal in value to 25.8 grains of standard gold. (Ap- plause.)
 Fear in mind that we are discussing this question from the point of honor and good faith and not from the point of power or technical legal right; for I have already said that the govern 1nent can do as it pleases. More than three-fourths of the outstanding bonds were, as matter of fact, issued and sold after 1878 when the silver dollar was dropped from the list of coins. Now, in view of these facts, would it be good faith for congress, now that silver had so greatly depreciated, to restore it's free and unlimited coinage at the ratio of Is to 1 by this country alone, when the market ratio is B to l. and then use such dollars to pay the bonds which we had sold for gold under such circumstances?
 ''I do not think 1t would. fear that many of you are resting on the expec- tation which you have that nothing of this kind will be done and are excusng your vote for it on the unworthy idea that you are playing politics.
 If so beg you not to trifie with the honor and good faith of the nation for any such miserable end; for, rest as- sured, such an expression of opinion as to the sense of honor of the people of this country would seriously injure the credit of the country and tend to weaken reviving confidence It is be- cause believe, as does every scientific bi-metallist in the world out side of politics, that 16 to 1 free and unlimited coinage of silver by this country alone would make the United States a silver monometallic country like Mexico and China, and would give us silver basis that would obstruct our trade with gold standard countries.
 After the outburst of applause which greeted the close of Mr. Dingley's speech had subsided, MT. Bailey was recognized for an hour. He first yield. ed twenty minutes to MT. Wheeler ot Alabama, a member of the ways anC means committee, who submitted ar argument in support of the resolution Before closing MT. Wheeler yielded 2 minute each to half a dozen member: on the democratic side, each of whom as MT. Cowherd of Missouri, said erected a hook on which to hang 2 speech in the congressional record