The record-union., 1898-01-29
That is, if the House Agrees With
the Action of the Senate,
Which by a Decisive Vote Passes the Teller
Concurrent Resolution.
Party Lines Broken on Both Sides
Of the Chamber When the Votes
Were Being Taken, Some Re
publicans Who Supported Nc
Kinley for President Voting for
the Resolution on It's Final
Passage.

Tic AscsOAutAOA On AO AAhA
Passage.
WASHINGTON, Jan. 29.-After a
debate, animated at all times and oc-
casionally acrimonious, which occu-
pied the greater part of the week, the
Senate this evening, by a decisive vote
of Al to 30, passed the Teller concur
rent resolution The resolution is a
practical reaffirmation of that of STAN
ley Matthews in 1878, and is as follows:
THAT all the bonds of the United
States issued, or authorized to be is
sued, under the said Acts of Congress
hereinbefore recited, are payable, prin>
cipal and interest, at the option of the
Government of the United States, in
silver dollars of the coinage of the
United States, containing 41212 grains
of standard silver, and that to restore
to it's coinage such silver coins as a
legal tender in payment of said bonds,
principal and interest, is not in viola
ton of the public faith nor in deroga-
tion of the rights of the public credit"
All efforts to amend the resolution
We're voted down by majorities rangine
from five to twenty-nine, Lodges gold
standard substitute being defeated by
the latter majority The vote on the
Lodge amendment was, ayes 24, noes
80
The events of the day leading up to
the final vote were full of interest and
importance 1t was a field day for the
orators of the Senate, no less than
twenty-five Senators embracing the
opportunity to speak upon the subject
under discussion. The public interest
in the debate was attested by the at
tendance in the galleries, which were
crowded throughout the day, and that
It was important was evidenced by the
statements of several of the speak
ers that the discussion was but the pre-
lminary alignment Of the great polit-
ical parties for the contest of 1900.
From 10 O'Clock this morning until Z
this evening the contest was continued.
When the voting began it was evident
that party lines We're being broken on
both sides Of the chamber, but it was
on the substitute offered by Lodge OF
Massachusetts that the most decided
break occurred On the Republican
side Allison of Iowa and Burrows or
Michigan did not answer to their names
on that roll call, and many Republicans
voted directly against it. Upon the
final passage Of the resolution some
Republicans who supported Mckinley
and the ST Louis platform in 1896, like
Carter Of Montana, Chandler of New
Hampshire, Clark of Wyoming, Pritch-
ard of North Carolina, Shoup of Idaho,
Warren of wyoming and Wolcott Of
tod fcs no In, hf.>
cause. as Wolcott announced, they did
not believe the resolution committed
those who supported it to the free and
unlimited coinage of silver.
In accordance with agreement, the
Senate convened at 10 a. m. to-day.
The Chaplain being absent, the Vice
President opened the session without
the usual invocation.
BY unanimous consent the routine
business was waived, and Stewart OF
Nevada opened the last days discussion
Of the Teller resolution. In supporting
the resolution, Stewart maintained that
money, whether it be silver or gold or
paper, was a creature of law, the crea-
ton of money being inherent in all in
dependent nations. He said that this
statement had been upheld by the high
est official tribunals, and cited history
with instances of such creation OF
money.
After legal discussion of the money
question, Stewart said, referring to the
speech of President Mckinley in New
York last night, that he regretted to
see that the President had not studied
this question more deeply, and that he
was utterly misguided. He quoted
the following sentence from the Presi-
dents speech:
Nothing should ever tempt the United
States-nothing ever will tempt us--to
scale down the sacred debt of the nation
through legal technicality. What
ever may be the language of the con-
tract, the United States will discharge
all of its obligations in the currency re-
cognized as the best throughout the civ
ilized world at the time of payment.
Stewart thought this was q remark
able statement which meant simply
that nothing but gold was good enough
for the bondholders Mr.. Mckinley"
said Stewart, refers to the option of
the Government to pay its obligations in
either gold or silver as a mere techni-
cality, as he did this. too, in the face of
his own vote in favor of the resolution
we are considering. Now the President
calls this option of the Government
worth thousands of millions--a mere
technicality.
What language for a President to
use." exclaimed Stewart. I'VE cannot
use this money in the treasury unless it
is recognized by other nations of the
world as the best money The deSpotS
and gold syndicates OF Europe are to
name the kind of money regardless Of
what the law of the United States may
be-
Referring to Secretary Gage. Stewart
said he believed the Secretary to be an
honest mana man who would not rob
a hank-but. he said. it was difficult for
Mr. Gage to look at this question except
from the standpoint Of a banker. He
thought it unfortunate that the Pres
ident had placed the Treasury Depart
nent in charge of bankers. but he was
glad the President had thrown off the
cloak. and made the issue directly with
the people.
Cannon of Utah followed in support of
the resolution He believed that the only
way in which the parity Of silver and
gold as money could be maintained was
to accord equal privileges OF both metals