The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1898-01-27
Mr.. H0AR IS CAUSTIC
HE ADVERTs TO SOUTHERN COT-
TON SITUATION.
HIS ISLANDER ON OUR LABOR AND SYSTEM
Mr.. Teller and Mr.. Daniel Make Speeches ftr
the Resolution, and Series of Colo
quies Follow With the Trick
Amendment of Lodge.
Amendment of Lodge.

washington, Jan. %O.-H OF more THan
six hours to-day the Senate had under
discussion the Teller resolution providing
that the government may pay the princi-
pal and interest of the bonds Of the Uni
ted States in silver. BY agreement the
resolution and pending amendment are to
be voted upon before adjournment to-
morrow. The debate to-day was devoid
Of the sensational incidents and acri-
monOus cOlloquies which characterized
that of yesterday, but it was replete with
argument and oratory.
The debate was opened by Mr.. Teller,
He said he would permit no man to excel
him in honor or in good faith. II would
do nothing he said, that would bring
about such a condition of affairs as
would be disgraceful, whatever the opin-
ion of the Senator from Massachusetts
chr. Hoar) may be of my opinions CT
convictions"
Mr.. Teller said he would be willing to
retire from public life if by so doing he
could bring about an international b.
metallic agreement. He maintained that
the existing contract concerning the
money in which bonds of the United
States were payable could not be changed
without action of Congress-one of the
parties to be contract-and that the gov
eminent had a right TO all the advan-
tages the contract afforded it.
In response to a statement by Mr.
Teller that S262. 100000 of bonds were
sold for the purpose of maintaining the
gold standard, Mr.. Gear. Qowa), said
that it was we'll known that more than
5000. 100000 of those bonds were sold to
meet a deficit in the Treasury.
This statement was fatty contradicted
by the Colorado Senator, who maintained
that there was no necessity for the sale
of bonds to meet current expenses when
there was plenty of silver to meet press
ing obligation of the government.
AT the conclusion of Mr.. Teller's
speech, Mr.. Lodge called attention to
some statements in criticism of an a.
mendment offered by him. LODGE yes
terday to the pending resolution. The
amendment declared that the obligations
of the United States should be paid,
''in the money that is the highest money
of the world. in gold or its equivalent
in gold. whether that be silver or paper.
Mr.. Lodge inquired whether Mr. Teller
was in favor Of that amendment.
''Well I shall vote against it," replied
the Colorado Senator.
II desired to know" Said Mr. Lodge,
what he Senator from Colorado thought
of my amendment because I copied it
word for word from a speech made by
the Senator in which he declared that
every dollar this government owes will
he paid IN the money that is the highest
money Of the world. in gold or its equiv
aloht in gold, whether that be silver or
paper"
Mr.. Teller replied that he had never
advocated the payment of the govern
ment's obligations in deprecated cur
rency, and did not now.
Mr.. Hoar. Massachusetts,, followed
in speech in which he maintained the
position he took yesterday that the ques-
ton under discussion was not one of
law, but one of honor and integrity
He said the advocates Of the pending
resolution maintained that by crime
the price of silver had been reduced until
the silver in a dollar was worth only
Al cents, yet the same Senators who
made the charge of that 'crime" adyo-
Gated the payment of the governments
obligations in this deprecated money
that had been deprecated as they claim
ed, by crime.
The Colorado Senator when he rose to
begin his speech, Mr.. Hoar said, express
ed a desire to resent something. In fact
be was always resenting something.
Mr.. Teller rose to call Mr.. HOar's at
tention to another statement, and when
he had done so Mr.. Hoar ridiculed him
by likening him to the small boy who
was asked what the cost of eleven
pounds of beef would be at seven cents
pound, and replied: 'You cant get no
beef at no such price"
In the course of his remarks Mr..
Hoar referred incidentally to the pres
ent industrial situation in New England,
and its relation to the Dingley tariff
law Further along he reverted to the
situation and briefly discussed it. He
was satisfied that the industrial trouble
in New England was not due to
the operation of the tariff law, but to
quite different causes. He was glad
and the people of New England were
glad of the industrial prosperity of
South Carolina, Alabama and Georgia,
but he did hold that the people of New
England did not want TO be brought
into competition with communities
NueFe long nOuFS are UHP RUE I'LL lIuuS-
trial establishments, ard where child
labor was employed in the factories. He
said that these practices were not known
in New England, where limited hours
for workmen and no child labor were
provided for by law.
+ Mr. HOar. was followed by Mr.. Platt,
(ConneetieuD, in an address in opposi-
tion to the pending resolution.
Mr.. Plat said that he had been endea-
yoring since the opening of the debate
TO ascertain what the purpose of the
advocates of the pending resolution was
in pressing it, but had been unable to
do so. '.Unless it means something
more now" said Mr.. Plat, than it
meant twenty years ago, there is abso-
Iltely NO reason for its passage. 1t is
old and nodded.
eff this resolution means anything it
means the free and unlimited coinage of
silver"
Mr.. Daniel of Virginia, followed Mr..
Plat In support of the resolution. He
said that we were confronted upon all
sides with the clamorous statements of
the GOLD men, that agitation of the