The representative. [volume] (St. Paul, Minn.) 1893-1901, 1898-02-02
A BATTLE ROYAL
PLUTOCRACY BEATEN.
THE TELLER RESOLUTION PASSES
THE SENATE.
Senator knute Nelson Breaks From
His Party-SenatOr Davis sticks to
the GOld-Bugs-The Coming Break
in the Republican Party-Great
Events Near at Hand.

| greater part of thissweek, the senate last
| evening. by decisive vote of Al to 49,
| passed the Teller concurrent resolution.
The resolution is practically a reaffirma-
| ton of that Of Stanley Matthews, in 1873
! and is follows:
! That all the bonds of the United States
i issued, or authorized to be issued, under
| the said acts of congress hereinbefore re-
: cited, are payable, principal and interest
| at the option Of the government of the
| United States, in silver dollars Of the coin
| age Of the United States, containing four
| hundred and twelve and one-half grains
| each of standard silver; and that to re-
| store to it's coinage such silver coins as
| legal tender in payment of said bonds,
! principal and interest is not in violation
| of the public faith nor in derogation of the
| rights of the public CREDITOR
| All efforts to amend the resolution were
| voted down by majorities ranging from
| five to twenty-nine, Mr.. Lodges gold
| standard substitution being defeated by
! the latter majority The vote on the
| Lodge amendment was. ayes, "a; nays, So.
| The events of the day leading up to the
| final vote We're full of interest and import
| ance. 1t field day for the orators of
| the senate, less than % senator's en-
| bracing the opportunity to speak upon the
| subject under discussion. That the debate
| was interesting was attested by the at
| tendance in the galleries winch were
| crowded throughout the day; and that 1t
| was important was evidenced by the state
| ments Of several of tins speakers that the
| discussion but the preliminary align
ment of the great political parties for the
contest of 1900.
| A CONTINUOUS CONTEST
| From 10 o'clock yesterday morning until
| last evening, the contest was continued
| When the voting began it evident that
/ party lines were being broken on both sides
! of the chamber, but it was on the subst-
| tute offered by Mr.. Lodge that the most
l pfjH On ho ,l>l
| can side Mr.. Allison, of Iowa, and Mr.
| Burrows. of Michigan, did not answer to
| their names on that roll call and many of
! the Republicans voted directly against it.
| Upon the final passage of the resolution
| some Republicans who supported Mckin-
| ley and the St Louis platform in 1896 like
| Carter, of Montana. Chandler, of n H.
| Clark, of Wyoming. Pritchard. OF North
Carolina. Shoup. of Idaho, Warren. of
| Wyoming, and Wolcott, of Colorado voted
| for the resolution because as Mr.. Wolcott
announced, they did not believe the reso-
luton committed those who supported it
| to the free and unlimited coinage of silver.
ROUTINE REPORT.
BY unanimous consent the routine bust
ness was waived and Mr.. Stewart (Nev)
opened the last days discussion of the
Teller resolution. In supporting the resolu-
ton Mr.. Stewart maintained that money
whether 1t be silver or gold or paper was a
creature of law, the creation OF money
bong inherent in all independents nations
He said that this statement could be up
neld by the highest of tribunals and cited
historical! instances of such creation of
money
After legal discussion of the money
question Mr.. Stewart, referring to the
speech OF President Mckinley in New
York that he regretted to see the
president had not studied this question
more deeply and that he was utterly mis-
guided He quoted the following sentence
from the president S speech:
Nothing should ever tempt us-nothing
ever will tempt us-to scale down the sa-
cred debt of the nation through a legal
technicality. Whatever may be the Ian
guage of the contract the United States
will discharge all it's obligations in the
currency recognized as the best through
out the civilized world at the time of paw,
ment.'
Mr.. Stewart thought this was remark
able statement which meant simply that
nothing but gold good enough for the
bond holder. Mr.. Mckinley, said Mr.
Stewart. refers to the option of the gov
eminent to pay its obligations in either
gold or silver as a mere technicality and
he did this, too, in the face of his own
vote in favor of the resolution we are con-
Siderirg.
Now, the president calls this option of
the government-worth thousands of mil
lions-a mere technicality. What IAN
guage for president to USE" exclaimed
in treasury unless it is recognized bv
other nations of the world as the best
money. The despots ana gold syndicates
CT Europe are to name the kind of money
regardle IS of what the law OF the United
States may be-"
CAGES ATTITUDE.
Referring to Secretary Gage Mr.. Stewart
said he believed the secretary 10 be an hon
est mana man who would not rob a
bank-but, he said it was difficult for Mr.
TO 1nT,I Of hi.
the standpoint of a banker. He thought
it unfortunate that the president had
placed the treasury in charge of bankers
but he glad the president had thrown
off the cloak and made the issue directly
with the people.
Mr.. Cannon (Utah) followed in support
of the resolution. He believed that the
only way in which the parity Of silver and
gold money could be maintained was to
accord equal privileges of both metals at the
minis. He held that the only other wav to
maintain the parity was to pile up in
terest bearing obligations upon the people.
He firmly denied that the advocates of free
coinage were in favor OF anything but a 16
cent dollar.
We do not believe, however" said Mr..
Cannon, IN the defed dollar of Grover
Cleveland which is worshped by the pres
ent administration.
He criticised the president for attending
banQuetS of millionaireS in New York there
perusng his menu bound in gold and then
declaring in favor of paying government
obligations in gold in violation of the
nations rights to dictate what money they
should be paid in.
Mr.. Cannon said that if there was no
other reason for his support of the resoll-
tiOn he would vote for it to serve notice
upon every creditor of the United States
that he should live up to the ccOtract he
had entered into with the government
Mr.. Jones (Ark) began his speech in sup
port of the resolution by criticising the
position taken by Mr.. Allison Qowa) He
thought the -Asolution would suuarelv
align thos~ who held the various financial
beliefs. He said the advocates of the re-
solution proposed to pay the full pound Of
flesh due but absolutely not a bit more
He read communication in financial
newspaper to the effect that there would
not be much serious opposition to the leg
islation proposed by the monetary commits
sion from the "reclacitrant silver sem
atOrs.'
Mr.. Jore.; gave notice that the "recaI-
citrant silver senators" would have to be
reckOned with pretty seriously 0efore any
such legislation that proposed got
through the senate. Mr.. Jones said he
made the broad statement that no Demo-
crat, sill Republican Or Populist had
ever declared in favor of paying govern
ment obligations in deprecated currency
Why interrupted Mr. Aldrch "the
senator's own colleague (Mr. Berry, said