The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1898-01-28
SILVER IN THE SENATE
The Session Was Devoted to the
Teller Resolution.
LINDSAY SUPPORTED IT
Not Bad Faith to Pay Government obu-
cations in the Money Authorized by
Law-Opponents of the Measure
Made a False Issue.

! aiHehunents thereto. When the senate
To-day took up the resolution the agree
ment made last week that the final vote
| upon II should be taken before adjourn.
Hent to-day was changed in order that
All senator's might have an opportunity
10 speak. To-morrow's session will be-
! GIN at 10 a. IN. and after . d. M the
speeches will be confined to Is minutes
| each. To-days session continued for
| more than six hours, the resolution be
ing under discussion throughout prac-
ticaliy the entire session. While the
speeches for the most part were studied
efforts, the session was repIete with
lively incidents and spicy colloauies
After transacting some minor busi-
ness, the Teller resolution was laid be-
Iore the senate, and, after considerable
discussion, ii 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 l5-mnute rule. After this agree
lnent mad been reached, Daniels re-
Sumed his speech begun last evening
lie made legal argument in support
OF the pending resolution holding that
lhe law never contemplated giving to
the government creditor an option as
10 the Kind OF money he was to be paid.
Inc creditor would naturally pick the
dollar which was most valuable to him
but If he did not know which he would
receive he would do his utmost to main
tam the parity of all dollars. He
thought therefore, that the attacks
upon the honorable motives of support
ers or the resolution now We're ill-timed
ana unwarranted. He closed with a
tribute to the democratic party.
Mr.. Lodge followed Mr.. Daniel. He
said he had always been an interna-
tlnnal himetallist and was one now.
He had done everything In his power to
promote an International agreement as
he believed that would do much To
simplify the question. He was con-
strained to believe. however, after he
heard the eloquent statement of the
gentleman from Colorado (WoIcott),
that the attempt To secure an interna-
tlonal agreement had failed. tempora-
rily At least. He held, therefore, that
the country was confronted with two
propositions, one of which it would
have 20 accept-either the existing gold
standard must be maintained or the
country must authorize free silver coin
age. The latter alternative means. said
he the disappearance of gold from cir
culation and the placing of the. country
upon a silver basis.
lt has now come 10 a contest between
the two standards. Mr.. Lodge declared
that any change in the monetary stand
ard would fall with dire results upon
the masses OF the people. The adop-
ton OF the resolution and the enforce |
ment OF its provisions, he thought, |
would be policy fraught with great |
danger to the country and to the peo- |
pie.
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 to /
me best money of the world, and he
thought 1t unfortunate that the advo-
sates of sound money should have ac-
;epted the issue rendered them by the
'esolution not only with the conscious
less that they We're wrong, but also
With certainty that they would be de-
eated. Congress has the right TO coin
both gold and silver and in doing so
iiolates no contract. Mr.. Lindsay held
hat consideration of the resolution was
! useless waste of time He thought /
here was no more reason for its adop-
ion at this time than for the reaffirm-
Ltion OF the declaration of independ-
nee.
The Declaration of Independence has
ost none of its force and effect during
ne past hundred years. and he thought
zone OF the force and effect of this res
luton had been lost during the past 20
ears. He said. however. he wanted to
rotest against the statement that had
cen made TO the effect that all
hose who would vote for this resolu-
lon would by their votes indorse the,
lew of all who supported it. Mr..
lindsay held that it was not bad faith
n the part of the government to pay
ut obligations in any money author
sed by law
Mr.. Aldrich asked whether the coun-
~ could commence free coinage and
o TO silver basis without derogation
{ the rights of either the public Or the
riVate creditor.
1T might be unwise,'' replied Mr..
ht1f fl,f
ne Of policy. not of good faith The
wv passed in constitution way and
} maintained always determines the
uestton of good or bad faith
Would Il be in good faith" persisted
IT. Aldrich, ITO pay the governments
oligations in deprecated cur
.ncy?"
Mr.. Lindsay thought the question had
cen answered. He held that the op-
onents of the resolution had made
Use issue in endeavoring to make this
solution an important matter. ,
In a colloquy between Mr. Lindsay | .
nd MIR caffery. the latter declared ,
he government is morally bound to
ny it's obligations in the best money. :
gold should depreciate or silver
lould exceed II in value. il would be a :
olation OF public faith 10 pay our OBJ
cations in gold"
In reply TO MIR. Lindsay's statement :
A
I'd forced the tight. Mr.. Aldrieh said :
The senator from Kentucky is under a :
We did not bring :
is resolution before the senate Ii
as brought here by Mr.. Vest. one of :
ur distinguished friends. after il had :
en- introduced by the senator from :
dorado tAtr. Teller, Three years ago :
was introduced in the house by the
IN. William j. Bryan. the great leader ! :
the democratic party and the dis
lilne of your party is so strong and / ;,
cellent that even the senator from :
is now found lighting under !.
r. BTyan's leadership"
The senator from Rhode Island had o.
tier look after his own IeadershIp" :
Piled Mr.. Lindsay, and not trouble i
nself about mine" :
/ don't expect" retorted Mir. Aldrich =
lat the senator from Kentucky viii -
-F vote under my leadership. Dis