The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-01-27
SIX HOURS OF SENATE Talk
HYPOCRISY OF sILvERITE STATES
MEN EXPOSED BY MIR. HOAR.
POstOhlce Department Criticised In
the Lower House by MIR. Loud-Mr.
Cannon Tackled by Mr.. Kelley.

States in silver. By agreement the reso-
luton and pending amendments are to be
voted on before adjournment tomorrow.
The debate to-1ay was devoid of the
sational incid91ts and acrimonious COLO
quies which characterized that of yester-
day, but it was replete with argument and
oratory. The time was consumed by Mr..
Teller (silver, COLI, the author of the reso-
luton, and Mr. Daniel Dem, Va.), who
supported the resolution, and by Mr.. Hoar
(Rep Mass) and Mr.. Plat Rep., Comm
in opposition to it. All delivered set
speeches except Mr.. Hoar, whose speech
was in reply to some points advanced by
Mr.. Teller yesterday.
At the opening of the session Mr. Hale
presented the report of the conference on
the urgent deficiency appropriation bill, and
the report was agreed to.
Mr.. Chandler secured the adoption of
resolution calling upon the attorney gem
eral for a report as to whether there have
been recent violations of the Constitution
Of Louisiana by the exclusion from service
juriqs in the United States Courts of
duly qualified citizens on account Of color.
The financial debate was then opened by
Mr.. Teller, the author of the resolution un-
der discussion. 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 condition of af-
fairs as would be disgraceful, whatever the
opinion of the senator from Massachusetts
(Mr. Hoar} may be of my opinions or con-
victions The Massachusetts senator tried
to make it appear that my position was on
a parallel with the making of a ten-dollar
piece out of copper cent Such propo-
sition Z do not advance, and dc 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 bimefallic
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 con-
tract-and that the government had the
right to all the advantages the contract at
forded 1t.
FAIRBANKS TACKLES TELLER.
Mr. Fairbanks asked Mr.. Teller whether
the present secretary of the treasury was
now paying out only gold in liquidation of
the bonded obligations of the government.
Il do not know" replied Mr.. Teller,
sighat the secretary OF the treasury is do
ing My relations with the present admin
dstration are not such as to enable me to
obtain information of its acts
Being further pressed by Mr.. Fairbanks.
MIR. Teller said his belief was that the adj
lninistration was paying the interest on coin
obligations of the government no such OBJ
legations themselves having matured, III
gold.
Mr. Fairbanks, that the administration is
paying the obligations | refer to in legal
tender notes. ON Jan. l, $29 100000 of bonds
matured and / am informed by the secre-
tary of the treasury that these bonds were
paid, not in gold, not in silver, but In legal
tender notes" g..
might as well discontinue this debate and
take vote on the pending resolution now.
The point had 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 been too much sophistry and evasion
on the financial question among those who
discussed it during the past twenty years.
and in his opinion the time had arrived
for all parties to walk squarely up to the
lannon's mouth of the question and deal
fairly and honestly with themselves and the
people
In response to a statement by Mr.. Teller
that $262. 100000 of bonds were sold for the
purpose of maintaining the gold standard,
Mr.. Gear said that it was well known that
more than 5000 000 600 of those bonds were
sold to meet 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 pressing obliga-
lions of the government.
Referring, in the course of his remarks
TO che presidential contest of 1896 Mr.. Teller
said that no political campaign in this coun-
try had ever been characterized by so much
bitterness, acrimony and vindictiveness. He
conceded the right, he said, of others to
differ from him on this and other questions,
but, he held. he ought to be accorded the
same right, and liberty of the people not
pended on the rightfuI solution of the
financial question. He had a right TO speak
here for the great masses of the people,
and he took advantage of it because he felt
that the fastening of the gold standard
the country would simply make of the plain
people hewers of wood and drawers of
two hours and q half, Mr.. Teller replied
to some statements made yesterday con-
cerniag savings banks
LODGE CORNERS THE SILVERITE.
At the conclusion of Mr.. Teller's speech
Mr. Lodge called attention to some state
ments in criticism of an amendment offered
by him (Lodge) yesterday to the pending
resolution. The amendment declared that
the obligations of the United States should
be paid lin the money that is the highest
money of the world. in gold or it's equiva-
lent in gold, whether that be silver or pa
per" Mr.. Lodge inquired whether Mr.
Teller was in favor of tina amendment.
Melt shall vote against it, replied the
Mr. Lodge insisted on knowing whether
Mr.. Teller did or did not think the amend
ment proper principle for Congress TO lay
Mr.. Teller still held that the government
and the governments creditors ought to
abide by contracts made.
4 desired to know" said Mr.. Lodge,
what the senator from Colorado thought
of my amendment because | copied IT, word
for word, from a speech made by the SEN
stor in which he declared that every dollar
this government owes will be paid i'm the
money that is the highest money of the
world, In gold or its equivalent in gold,
whether that be silver ct paper" Mr. Lodge
thought If the senator from Colorado (Tel-
Ier) believed that his statement was accu-
rate when he made il he ought not now to
object 10 supporting it with his voice and
vote
Mr. Teller replied that he had never advo-
Gated the payment of the governments OBJ
legations in deprecated currency and did
not now.
Mr.. Hoar followed in a speech In which
he maintained the position he took yester-
day. that the question under discussion was
not one Of law, but one OF honor and In
tegr3ty. lie said the advocates of the pend
ing resolution maintained that, by a crime,
the silver in a dollar was worth only A
cents. yet the same senators who made the
charge OF that crime" advocated the pay
ment Of the governments obligations In this
deprecated Inoney-money that had been
appreciated, as they claimed. by crime.
Mr. Hoar said that II had been made ev-
dent by the statements Of the senator from
Arkansas llserry). 70 whom he referred as
an honest. staiWarf. ole Confederate. who
WAS willing 10 walk up to the cannons
mouth on the sending question. that Il WAS