The herald., 1898-01-23
NO CESSATION OF ATTEMPTS
TO BOLSTER UP THE GOLD
STANDARD
Saturdays Proceedings Dull and
Largely Given to Odds and Ends
of Legislation
Associated Press Special Wire

two amendments offered in the senate to
the Teller resolution, one by Nelson OF
Minnesota, declaring it to be the duty OF
the government, under existing laws, to
maintain the parity in value OF its gold
and silver money; and the other by
Spooner of Wisconsin, substituting for
the Teller resolution a declaration that
it is the financial policy of the United
States to maintain the existing gold
standard until an international agree
ment with the leading commercial ma
tions of the world for the free coinage
of silver shall be reached.
There was no debate upon either
amendment both being postponed, atter
Stewart of Nevada had addressed the
senate for an hour to permit the con-
sideration of bills on the calendar, ana
shortly after 3 o'clock the senate went
into executive session.
On the desk of Senator Allen at the
opening of todays session of the Sen
ate was a stand of beautiful American
Beauty and Brides roses. 1t was "A
testimonial from ladies of the depart
ments for your noble and brave defense
of womans honor"
Mr.. Allen championed the cause of
Mrs. NJ. Z. Roberts, who was summar-
lily dismissed from the Pension Office.
Mr.. Cannoe-of Utah introduced bill
providing for the publication OF the
pension roll.
Mr.. Gallinger of New Hampshire Offer
ed an amendment to the pension appro-
priation bill providing that hereafter no
pension shall be paid on power of at
torney from pensioners residing in for
eign countries.
The resolution of Mr. Teller of Colo
RADIO providing that the bonds of the
United States may be paid in silver was
then laid before the Senate, and in ac-
cordance with notice given yesterday,
Mr.. Stewart (Pop) of Nevada addressed
the Senate. He said that the direct re-
suit of the disregard of the resolution,
which is already law of the United
States, had brought many calamities
upon the land and the result of such dis
regard had been disastrous. He at
tributed the panic of 1898 directly to the
disregard of the law.
Mr.. Stewart said he expected to show
that the secretary of the treasury had
no more authority to sell bonds and de-
mand gold for them, when there was
coin in the treasury with which to re-
deem them, than he (StewarD had.
Bonds had been sold, said Stewart, but
the coin in the treasury was not the kind
with which to pay the bonds. He main
tanned that the law was mandatory upon
the secretary Of the treasury to redeem
bonds in silver. Even the Indianapolis
commission, he continued, which knows
as much of finance as it is possible for
men to know, admits that these obliga-
tons are payable in gold or silver, at
the option of the government.
Referring further along to the sale of
the 1862 900 900 of bonds blythe admin
istration of Mr.. Cleveland, Stewart de-
clared that in the sale of those bonds
there had been a steal of $50, 000, 900,
with the connivance of the executive.
The senator denounced it as a shame
that no adequate investigation of the
'steal" had ever been made in congress.
"McKinley,' said the senator. could
not have got enough votes to make a de-
cent showing if he had not been an
nounced as bimetallist. Indeed, it was
claimed throughout the west that Nc
Kinley was a better bimetallist than
Bryan was, because, 1t was further
claimed, he had the only method by
which bimetallism could be accom-
plished."
At the conclusion of Mr.. Stewart s
speech, Mr.. Nelson of Minnesota offered
the following amendment to the Teller
resolution: And that it is the duty of
the United States government, under
existing laws, to maintain the parity in
value of it's gold and silver money, SO
that the dollar of the one metal shall
for all monetary purposes always be
equal in value to the dollar of the other
metal"
Senator Spooner of Wisconsin present
ed the following substitute for the Teller
resolutions:
That it is the financial policy of the
United States that until we shall have
obtained an international agreement
with the leading commercial nations of
the world for the free coinage of silver,
which agreement the United States is
hereby further pledged to promote, the
faith, the honor and credit of the United
States are solemnly pledged to preserve
the existing gold standard and all silver
and paper currency shall be maintained
at parity with gold, and obligations
of the United States shall be maintained
at the present standard.
The consideration of bills on the pen
sion calendar was then begun. The fol-
lowing bills. general in their provisions,
were passed: Defining and regulating
proof in certain pension cases; to sup
plement the act of June 81, 1890, as to
pensions, by making widows whose hus-
bands died in the service pensonable
under the act: to amend the Mexican
war pensions act of 1887, extending its
provisions to clerks Of army paymas-
ters; to regulate the pensions of widows
providing that widows whose marriage
to discharged soldiers takes place after
the passage of this act shall not receive
pensions; amending the dependent pen
sion act of 1890 to render clear on some
of its provisions.
In addition to the above six private
pension bills were passed.
Quay of Pennsylvania called up and
secured the passage of a bill to author
ize the construction of a steel bridge
over the Snake river, between the states
of Washington and Idaho.
Morgan of Alabama secured the pas.
sage of bill to grant $4,000 acres of un
occupied lands of the United States ir
Alabama to that state for the use of tn,
industrial school for girls Of Alabama