The Providence news. (Providence [R.I.]) 1891-1906, 1898-01-28
CONTEST OF STANDARDS.
A Southern Senator Sighed For an
Andrew Jackson.
POLITICAL TALK in THE HOUSE.

quoted from a speech delivered by Mr..
Mckinley at Toledo in 1890. in which he
sharply criticised President Cleveland for
dishonoring one OF the precious metals.
dlscrediting silver and enhancing the
price Of gold. Was Mr.. Mckinley palm
ing Off namby -pamby nonsense upon the
country as the senator from Connecticut
PlatD would have US believer asked
Mr. Daniel Mr. Daniel read a letter
written by John Sherman In which he
denounced as a repudiationist and ex-
tortioner one who demanded money In
liquidation Of an obligation more valu-
able than he gave for II. He also quoted
Oliver Il. Morton as declaring ii TO be a
foul injustice" upon the country 10 pay
the government bondholders who secured
the bulk OF the bonds for about 90 cents
on the dollar in better money than they
paid for them.
Nations declared Mr.. Lodge, mo
more than individuals can afford to con-
fine their honesty within the limits of the
law. statutory morality Is not best either
Tor states or for men," The senator said
that the parity OF our gold and silver
money could only be maintained by hav-
Ing every form Of our currency inter
changeable. He had been a bimetallst
and was one now. He had done every
thing In his power to promote an inter
national agreement, as he believed that
would do much TO simplify the question.
He was constrained TO believe. however.
after hearing the eloquent statement OF
the senator from Colorado (Wolcotp
that the attempt to secure an interna-
tional bimetallic agreement had failed.
fenDOrQrilv n L. III
fore, that the country was confronted
with two propositions. one of which Il
would have to accept. Either the exist
ing gold standard must be maintained.
or the country must authorize free sill
YER coinage. The latter alternative
means, he said, the disappearance of gold
from circulation and the placing Of the
country upon silver basis. II had come
now To contest between two standards
MIR. Lodge declared that any change i'm
the monetary standard would fall with
dire results upon the masses of the peo-
pie.
Mr.. Lindsay Of Kentucky made n
speech In support OF the resolution. He
declared himself in favor of having all
money OF the United States kept equal
TO the best money CT the world and he
thought IL unfortunate that the adyo-
Gates or sound money should have ac-
cepted the issue rendered them by tho
resolution not only with the conscious
ness that they were wrong but also with
q certainty that they would be defeated
In reply TO Mr.. Lindsay's statement
that the opponents OF the resolution ha1
forced the fight. Mr.. Aldrich said: "The
senator from Kentucky is under a mis-
apprehension. We did not bring thas
resolution before the senate. II was
brought here by Mr.. Vest. one OF vour
distinguished friends, after II had been
introduced by the senator from Colo
rado (Teller). Three years ago Il was
introduced in the house by the Hon
Willian1. Bryan, the great leader OF the
democratic party and the discipline Of
your party Is so strong and excellent
that even the senator from Kentucky is
row round hghting under Mr. Bryan's
leadership"
The senator from Rhode Island had
better look after his own leadership" !"
replied Mr.. Lindsay, and not troubI.
himself about mine"
Il do not expect" retorted Mr. Ala.
rlch, that the senator from Kentucky
Will ever vote under my leadership. Dis.
cipllne on that side of the chamber IS too
strong for him ever to sever himself From,
the-Democratic party. I wish that NV
party loyalty was as strong on this zido
OF the chamber"
Mr. Wolcott (Rep., Colo) was on HE
feet in an instant. "The senator from
Khode Island" he said tartly. "ex
presses the wish that party discipline
We're stronger on this side OF the cham
Der. wish so too; and wish that soma
tors on this side OF the chamber wouId
not go on from the tenets Of principles OF
the ltepublican party at the behest of an
indianapolis convention. as some OF then,
have done.'
Mr. Caffery OF Louisiana delivered an
extended speech In opposition 10 tho
resolution. 'If this resolution means
what has been attributed to IT," he said
1T Is clearly violation Of pubic NOR
atty II have any proper conception Of
what public morality Is. The mon he
mind this resolution" declared Mr.. Car-
fiery. vehemcntly. ARE not expendlng
all this wind for nothing. I believe tbev
hope TO bring about free coinage through
executive action, knowing that that is
impossible by congressional action"
Mr. Cockrell supported the resolution
Fe cited various financial enactments
since 1870 TO show that United States
bonds were properly declared To be paw
able In silver. The opponents OF the reso-
luton were working in the interest of the
banN-ers OF the world. "Oh. that we hsd
In thr White House an Andrew Jac
son" a'fed Mr.. Cockrell that he might
say to these bankers: BY the eternal
YOU shan take the standard silver dollar
paymen. OF the obligations you hold
at would settle this question very
rkly." Mr. Cockrell produced a $50
4 piece and inquired whether any
iublican desired 20 give him for IL 10
1dard silver dollars. This proposition
ught on an interesting colloquy be-
cen Mr.. Cockrcll on the ono side and
cssrs. Aldrich. Foraker and Fairbanks
IN the other concerning the value q sii-
Yer coins IN MEXICO
Mr. Foraker asked n N were not true
that with one Of cur silver dollars two