Evening star. [volume] (Washington, D.C.) 1854-1972, 1898-01-26
TELLER ON SILVER
5lsfr
The Colorado Senator Speaks on His
Resolution.
PAYING FOR BONDS IN GREENBhCKS
Future Of The Indians Discussed in
y s,s.4the House.
CARLISLE SCHOOL RETAINED

At the opening of the Senate today Mr..
Hale (Me) presented the report of the con-
ferees on the urgent deficiency appropria-
ton bill and the report was agreed. to.
Mr.. Chandler IN. HI secured the adoption
OF resolution calling upon the Attorney
General for a report as to whether there
have been recent violations of the Consti.
tuition in Louisiana by the exclusion from
service on juries in the United States courts
of duly qualified citizens ON account of
color.
Upon motion of Mr.. Vest CMo.). the SEN
ate took up the Teller resolution justifying
the payment of bonds in silver The debate
was opened by MI. Teller (Col.). the au-
thor of the resolution. He said he would
permit no man to excel him in honor or in
good faith. Il would do nothing" he said.
that would bring about such condition
of affairs as would be disgraceful, what
ever the opinion OF the senator from Mas
sachusetts (Air. Hoar) may be of my opin-
ions or convictions. The Massachusetts,
position was on parallel with the making
OF $40 piece out of copper cent. Such
proposition do not advance, and do not
think it would find much support in this
or any other legislative body
Mr.. Teller said he would be willing to re-
tire from public life If by so doing he could
bring about an international ,bimetallfc
agreement, He maintained that the exist
ing 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 the COM
tract-and that the government had right
to all the advantages the contract afforded
It.
Mr.. Fairbanks asked Mr.. Teller whether
the present Secretary of the Treasury was
Low paying out only gold in liquidation of
the bonded obligations of the Varnment
81 do not know replied Mr.. Teller.
what the Secretary of the Treasury is
doing. My relations with the present adj
ministration are not such as to enable me
to obtain information of its acts.'
Being further pressed by Mr.. Fairbanks,
Mr.. Teller said his belief was that the adj
ministration was paying the interest on
coin obligations of the government, no such
obligations themselves having matured, in
gold. 50
II have absolute information" retorted
Mr.. Fairbanks. that the administration is
paying the obligations refer to in legal
teLder notes. On January 1 $4,000, 600 of
bonds matured, and I am informed by the
Secretary of the Treasury that these bonds
legal tender notes.
IT that be sor' said Mr.. Teller, 1--WE
might as well discontinue this debate and
now"
The point has been reached, thought Mr..
Teller, when the effort is being made by
the national administration to put the
country on a gold basis. He thought there
had bean too much sophistry and evasion
upon the financial question among those
VINO discussed it during the past twenty
years and In his opinion the time had ar
rived for all parties to walk squarely I'D to
the cannon,s mouth of the question and
deal fairly and honestly with themselves
and the people. IN" e,
In IN response to statement by Mr.. Teller
that 500, 000,O00 of. bonds were sold for, the
purpose of maintaining the gold, standard,
MI Gear fK0waA said that it vas well
known that more,than 500, OOO, aOf those
treasury, t -
This statement was fatty contradicted by
the Colorado senator, who maintained that
there was no necessity for the sale of bonds
70 meet current expenses when there was
plenty of silver to meet pressing obligations
OF the government.
Never a Contest So Bitter.
Referring. In the course of his remarks, to
the presidential contest of '96, Mr.. Teller
said that no. political campaign in this
country had ever been characterized by SO
much bitter, ess, acrimony and vindictive-
Hess. He thought it ought to be possible
to discuss economic questions without the
display of personal feeling, but in his ex-
rerience the possibility had not been at
tanned. He conceded the right, he said of
others to differ from him upon this and
otner quSSllOi 5, Dul ne neld ne ought to be
accorded the same right and liberty of the
people not only CT this country, but
of the worfd,t' depended upon the
rightful solution Of the financial question.
He had right to speak here for the great
masses of the people, and he took advan-
tage of 1t because he felt that the fastening
of the gold standard upon the country
would simply make of the plain people
hewers of wood and drawers of water.
In conclusion, after speaking about two
hours and a half, Mr.. Teller replied to some
statements made yesterday concerning saw
ings BANKS. He was in favor, he said, of a
government system Of savings banks and
did not believe the present system of saw
ings banking in the various states was
good for the people.