The record-union., 1898-06-04
ut the bond proposition was agreed

out the bond proposition was agreed
to.
Chandler offered his amendment in
serting a declaration that the policy of
the United States is not to commit
the country more thoroughly to the
lsingle gold standard. but that the ef-
forts of the Government shall be
steadily directed to coin both silver
land gold as standard money.
Stewart offered as an amendment to
lChandler's amendment provision that
no bonds issued under this Act shall
he used as a basis of bank currency.
Morgan gave notice of an amend
Iment directing the Secretary of the
Treasury to enforce those provisions
tly declared by the Supreme Courts de-
cision to be unconstitutional.
Morgan spoke in support Of the
amendment, and attacked the national
banks, which, he eedeclared, were behind
the conspiracy to force a bond issue
tupon the people.
The amendment offered by Stewart
was laid on the table, on motion Of
lChandler-44 to 81
Hoar proposed an amendment to be
added to Chandler's amendment, as
follows:
"And to this end to relax no effort
to secure the cooperation Of the prin-
Icipal commercial nations of the world"
The amendment was agreed to-35
to 33. tA<
In a speech treating OF the new con-
Editions which are likeaysto confront the
United States in Hawaii, Cuba, Porto
Rico and the Philippines, Morgan CD
of Alabama said that a vast amount
of silver money would be needed by
this country in dealing with those
countries. He was not prepared to
say that all the islands named would
be annexed by the United States, but
1t was absolutely certain Cuba, Porto
Rico and the Philippines would never
again pass under Spanish control.
Chandler. after explaining his posi-
ton, withdrew his amendment, as he
had no desire, he said, to impede the
progress of the war revenue bill
A passage at arms, more sensational
than any incident that has occurred in
the Senate since, the adoption of the
ECuban resolutions, occurred at this
point between Allen P) Of Nebraska
and Wolcott (R) of Colorado.
In the course of some remarks on
lbimetallism Allen took a reminiscent
turn, and discussed at length the work
of the International Bimetallism Com
mission. He declared their work had
been failure, and that no good had
ever been expected to come of it: that
international bimetallism was a delu-
sion and snare. An appropriation
of 100000 had been made for the COM
mission, which had travelled through
out Europe on a mission which was
foredoomed to failure.
Wolcott, who was the President of
the Bimetallic Commission, listened at
tentively to Mr.. Aliens remarks. He
was evidently indignant, and he took
the floor to reply to his criticisms.
1T is not pleasant he began, ito
a self-respecting man to meet such sug-
gestions as have been made by the Sen
ator from Nebraska. This debate has
taken a turn which / deprecate, and
would not now occupy a moment Of
the Senate's time, which ought to be
devoted to the consideration of the
pending bill, were it not that 1 desire
to inform the Senator from Nebraska
that the three Commissioners appoint
ed by the President spent more than
six months in Europe, travelling where
their duties took them. They were
accompanied by a Secretary, and the
entire expense Of the work accomplished
was only $4,000. And I desire to add
that every member Of the Commits
sion, in accepting the appointment and
performing his duties, sacrificed thou
sands of dollars.
'Tt Is undignified and unbefitting a.
Senator Of the United States to stand
in his place on this floor and suggest
that the commission spent money it
was not justified in spending. am
getting tired continued Wolcott, "of
hearing that sort of suggestions from
the Senator from Nebraska It is not
the first, the second or the third time
he has thrown them out. Through
him they are being circulated in the
West by means of the patent insiders,
which constitute the bone and sinew
and most Of the brains of the Populist
party.
sI suppose that at some crossroads
in Nebraska, where nothing is known
Of Europe, except that it is on the map
Of the world, some people of the Sen
ator's kind have gotten together and
resolved that no country except the
United States is enlightened enough to
lhave ideas on the money question. They
are not aware that the great leaders of
thought in England, France and Ger
Imany favored bimetall1sm more than a
quarter of century before the Popu-
HIST party or the Senator from Nehras-
ka was ever heard Of. Fortunately,
however, the bimetallists Of Europe are
not hampered in their work by long
haired cranks, who clog the progress
of enlightened financial legislation in
this country.
"The experiment which is now being
tried In India" continued Wolcott, .in
the opinion, not only of the bmetallists
Of the world. but also OF nine-tenths
Of the gold men Of London, where the
| situation has been carefully studied,