The times., 1898-01-28

The debate in the Senate yesterda,
on the Teller resolution was marked
by several incidents of a notable char
acter. At the outset it was apparen
that Senator'S who desired TO speal
could net do so if the agreement t,
take the vote yesterday was lived u,
TO, and a new arrangement was entered
into. Under it the Senate will meet
this morning at 10 o'clock After
O'Clock speeches are 10 be limited t,
fifteen minutes and the vote on the
resolution and all amendments is to
be taken at O'Clock
Senator Daniel took the floor imme-
diately after the routine morning
business and resumed the magnificent
speech he began Wednesday. Ii was a
carefully prepared speech and was de-
livered with much oratorical effect.
Its delivery occupied two hours, meet
ing with no Interruptions in the way
OF questions or remarks. Senator Lodge,
Of Massachusetts, followed in a brief,
compact argument against the resolu-
tion. He was succeeded by one of the
gold Democrats, Mr.. Lindsay, of Ken
lucky, whom the legislature OF that
State yesterday asked TO resign. Mr.
Lindsay argued that the question pre-
sented in the resolution was one of law.
not of policy. He upbraided Republi-
can Senators for giving an Importance
10 the resolution which il did not de-
serve and stated il as his belief that, if
the vote had been taken on the resoiu-
uon as soon as Senator Vest had made
his short statement relative to it, no
harm would have been done and the
matter would have attracted no at
tention.
These assertions stirred up Senator
Aldrich, Of Rhode Island, the cham.
plcn OF TIE opposition, who imputed to
M. Lindsay a backsliding into the
ranks and commended the loyalty of
Democratic Senators TO the principles
and tenets OF their party. Mr.. Aldrich
IN presenting this object lesson, eX-
pressed the wish that the same loyalty
TO party We're exhibited on his own
side. This bomb thrown into the camp
of the free silver Republicans aroused
Senator Wolcott, who retorted with
Nehemence and much Indignation that
the Senators who We're opposing this
resolution were those who were untrue
To their party principles
Then Mr.. Lindsay put the prod into
his own party and stirred up MIR. Caf-
fiery, one of the gold Democrats, which
resulted in some sharp thguSting and
parrying between them to the amuse-
lnent OF the Senate. Mr.. Caffery made
short but determined speech against
the resolution, and was followed by
Mr.. Smith, who declared that he would
vote for it because it was only a re-
statute books for the last twenty years
and had done no harm.
MIR. Lodge argued that, in law and
in morals. the Senate ought not 10 pass
the resolution He believed that while
an option was given on the bonds by
the use of the word coin" instead of
gold, the choice should remain with
the creditor. The adoption of the reso-
luton could not do otherwise than inn
pair the national credit, and act as
step TO the adoption of money policy
that would be thoroughly dangerous to
the trade, commerce, and welfare OF
the whole people.
Mr.. Lindsay, of Kentucky, declared
himself in favor of having all money of
the United States, whether coin or pa
per, kept equal TO the standard money
OF the most enlightened countries. and
he thought it unfortunate that those
cepted the issued rendered them bv the
resolution and had made their first
fight upon ii, with not only the certain
t% Of their defeat. but with the con-
sciousness of being wrong in their in
terpretation. Congress had the abso
Lutte right to coin gold or silver. and in
doing so violated no contract The on
ton had been given to the Secretary
OF the Treasury not TO the holder OF
q "a ion L T.
not Tor the latter. to determine how
parity was 10 be maintained. THAT
was the law in 1890. and it is the law
To-day, he said, and yet that issue
Eas now been Joined, and those who
did not favor the free and unlimited
coinage OF silver are required, in order
10 maintain their consistency. TO vote
AGAINST plain and palpable legal prop
osiuon about which there can be no |
dispute
He thought that it would have been
better TO postpone the resolution indefi |
'ltely, as there was no reason for lis |
ft-adopuon, as the concurrent resolu- |
l"n OF 1919 had lost none of its vital /
ItE or force by the lapse of twenty |
years So long as parity was maintain |
20 between gold, silver and notes. it |
made no difference in what money the |
bonds were paid; so that the Senate /
''A1Ai u lAitlt dpSiIdCI lG-
sal proposition The executive depart |
nent would be. after its passage. as
rec 10 pay in gold as il was to-day.
MIR. Lindsay WAS directing his re- |
marks to the question Of free coinage
u silver, when he was asked bv Mr.
Alfich whether he meant to saw that
congress could return TO free and nm
limited coinage of silver TODAY with
ut deTogatiOn 10 the rights of credit
rs.
II say this Mfr Lindsay responded
that TO return TO free and unlimited
oinage might be an act of unwisdop1 |,
1hich would result in depriyinr the
government of the power to preserve
he parity Of gold and silver coin but
nat IS question of policy. not one
{ good faith''
is 1t good faith. Mr. Aldrfch asked
to pay the creditors of the ITnitaJ
tates in a deprecated currency p,
me point L make against Your side |
The chamber" Mr. Lindsay renliad
is That by accepting this issue and
lNing IL an Importance which If docs
OF deserve you have done more 10 n,o
note the free coinage of silver. tbs,
VIII be done again by this Conp,ase
oweVer improvident may be its action
II the vote had been taken ON ,bo |
esoluton when Mr.. Vest reported II -
touid have passed out of sight ana |
no attention from bondbold-
IS or creditors. But your side of the
ouse has made ii important by at
laass inn q.