The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1898-01-28

Washington, Jan. 27.-After transact
ing some minor business, the Teller
resolution was laid before the senate,
and after considerable discussion it was
\ agreed that the vote should be taken
tomorrow at O'Clock, the senate to
meet at 10 o'clock, and the last four
hours OF debate to be under the Is
minute rule.
After this agreement had been reach
ed, Mr. Daniels resumed his speech be-
gun last evening. He made a legal
argument il support of the pending
resolution, holding that the law never
contemplated giving to the govern
ment's creditor the option as to the
kind Of money he was to be paid. The
creditor would naturally pick that dol
lar which was the most valuable to
him, but if he did not know which he
would receive, he would do his utmost
TO maintain the parity of all dollars.
He enumerated the great men who sup
ported the resolution II 1878, beginning
with the distinguished author, Stanley
Matthews, and concluded with the pres
ent president of the United States. He
thought therefore, the attacks upon
the honorable motives of supporters of
the resolution now We're ill-timed and
unwarranted- He closed with a trib-
ute To the Democratic party.
LODGES POSITION.
Mr.. Lodge followed Mr.. Daniel. He
said he had always been an iaterna-
tional bimetaliist, and was one now. He
had done everything in his power TO
promote an international agreement, as
he believed that would do much to sim
plify the question. He was constrained
to believe, however, after he heard the
eloquent statement of the gentleman
from Colorado lWolcOtD that the at
tempt to secure an international agree
ment had failed, temporarily at least.
He held, therefore. that the country
was confronted with two propositions,
one of which it would have TO accept.
Either the existing gold standard must
be maintained, or the country must au-
thOriZe free silver coinage. The latter
alternative means, said he. the diSap-
pearance of gold from circulation, and
the placing of the country upon a sill
yer basis
1t has now come to a contest between
two standards. Mr.. Lodge declared that
any change in the monetary standard
would fan with dire results upon the
masses Of the people. The adoption of
the resolution and the enforcement of
its provisions, he thought. would be a
policy fraUght with great danger to the
country and to the people.
LINDSAY'S SOMERSAULT
Mr.. Lindsay Of Kentucky followed in
a set speech in support of the resolu-
ton. He declared himself in favor of
having all money of the United States.
whether coin or paper kept equal 10
the best money Of the world, and he
thought. it unfortunate that the advo-
Gates of sound money should have ac-
cepted the issue rendered them by the (
resolution, not only with the conscious /
ness that they were wrong, but also
with "A certainty that they would be Z
defeated CpnpreeS has the riobf m cofY,
3 both gold and silver and in doing so /
violates no contract.
M Lindsay held that consideration /
of the resolution was a useless waste !
of time. He thought there was no /
more reason for its adoption at this !
time than for the reaffirmation Of the /
declaration of independence. The dec /
laTation of independence has lost none /
of its force and effect during the past
hundred years. and he thought none of /
the force and effect OF this resolution |
had been lost during the past 20 years /
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 indOTSe the view Of all /
who supported it Mr.. Lindsay held
that il was not bad faith on the part
of the government 10 pay out obi /
cations in any money authorized by
law.
A FALSE ISSUE.
Mr. AIdrich asked whether the coun-
try could commence free coinage and !
go to d silver basis without deroga-
tion of the rights OF either the public
or the private creditor.
1T might be unwise," replied Mr..
Lindsay. but the question presented
is one of policy, not of good faith The
law passed in a constitutional way and
81 maintained always determines the
question of good or bad faith
Would it be in good faith" per
sisted Mr.. Aldrich. ito pay the govern
ment's obligations in a deprecated cur
rency?"
Mr. Lindsay thought the question
had been answered. He held that the /
opponents of the resolution had made
false issue in en1eavoring to make this
resolution an important matter.
In a cOllOquy between Mr. Lindsay
and Mr.. Gallery. the latter declared
'-the government is morally bound to
pay its obligations in the best money.
II gold should depreciate or silver
should exceed it in value. il would be
a violation of public faith to pay our
obligations in gold"
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 misapprehension. We did not bring
this resolution before the senate. 1t
was brought here by Mr. Vest. one of ;
your distinguished friends, after it had
been introduced by the senator from ]
Colorado CTeller). T9ree years ago it |
was introduced in the house by the !
Hon. William J. Bryan. the great leader
of the Democratic party, and the dis !,
cipline of your party is so strong and
excellent that even the senator from !
Kentucky is now found fighting under {
Mr. F3r-van's leadership.
PARTY DISCIPLINE.
THE senator from Rhode Island had
better look after his own leadership"
replied Mr. Lindsay and not trouble
himself about mine. :
IT don't expect" retorted Mr.. AIdrich, e