The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-02-01
TELLER FALLS WITH A THUD.
Continued from First Page)

by every administration from Lincoln TO
Mckinley, TO wit: The dollar equal in
value TO 25.S grains value of standard gold.
(Applause9
Bear in mind, that we are discussing
this question from the point of honor and
good faith, and not from the point OF
power. technical legal rights, for l have
already said that the government can 90
as it pleases.
More than three-fourths of the out
standing bonds were, as a matter of fact
issued and sold after 1875 when the silver
dollar was dropped from the list OF coins.
Now, in view of these facts, would il be
good faith for Congress, now that silver
has so greatly deprecated, to restore its
free and unlimited coinage at the ratio
OF l6 to l, by this country alone, when the
market ratio Is SO to l, and then use such
dollars to pay the bonds which we had sold
for gold under such circumstances? l
do not think il would. | fear that many
of you are resting the expectation which
you have that nothing of this kind viii
be- eXcusng your vote on the unworthy
idea that you are playing politics. If
that Is so, l beg you not TO trifle with
the honor and good faith of the nation
FOR any such miserable end; for, rest as
Sured, such an expression of opinion
to the sense of honor of the people of
this country contemplated by this resolu-
tion under existing conditions would sure
tend to weaken reviving confidence. II is
because | believe Gas does every scientific
bimetallist in the world outside of politics.
that 10 TO L free and unlimited silver by
| this country alone would make the United
States silver monometallic country like
| Mexico and China, and would give
us silver basis that would
obstruct our trade with gold standard
| countries that now take most of our eX-
| ports; and prove serious menace to our
| progress, and it is because l believe that
! it would seriously injure our credit and
standing, as a nation that l appeal to the
| gentlemen on this side of the House to
maintain the pledge which the Republican
! party made at st. Louis to keep all our
| currency, whether silver or paper, as good
| as gold and preserve inviolably the public
faith and credit and to the gentlemen on
! the other side of the House to maintain
| the standard of value which Jackson's ad-
ministration gave the country sixty-four
! years ago, and the honor and good faith
| of the nation so carefully preserved by the
| fathers of the Democratic party, and to
| take the opportunity offered by the reso-
| luton now before the House to show to the
country and the world that the good name
| of the nation is safe in our hands" pro
| longed applause)
After the outburst of applause which
| greeted the close of Mr.. Dingleys speeR
| had subsided, Mr.. Bailey was recognized
for an hour. He first yielded twenty
minutes to Mr.. Wheeler Dem, of Ala
bama, member of the ways and means
| committee, who submitted an argument
in support of the resolution. Before clos
ing Mr.. Wheeler yielded a minute each
| 10 half dozen men on the Democratic
side
Mr.. Dockery of Missouri declared that
the efforts of the President and Secretary
| of the Treasury to more firmly establish
~ GT1 rl
seats on the Republican side.
The appearance of Mr. Bland of Bland
dollar fame 10 whom Mr.. Bailey yielded
ten minutes was greeted with applause.
/ The course of the President and Secre-
tary Gage, Mr. Bland said, in pressing
the gold standard upon the country had
driven the bimetallists in Congress to in
troduce and insist upon the passage of
tins resolution, yet, said he, Mr. Dingley
had charged the minority with playing
politics. Every Republican who voted
against this resolution, he said violated
the st. Louis platform and voted against
! the coinage of silver in any form free
or limited No one disputed the law, he
! SAID, no one denies il. Silver was a full
legal tender. But every Republican vote
against the resolution would declare that
silver was not fit 10 pay the public debt
with Silver would then in truth BECOME
subsidiary coin.
/
! Democratic side by reading from the re-
| cord the votes of Messrs. Hopkins, Gros-
Venor and other prominent Republicans
against the bill TO pay the bonds of the
! United States in gold, which was voted
| upon in the last Congress a the time the
/ last administration negotiated the $3.50 000
| 900 loan Mr.. GrosVenor on that occasion
he said, had stated on the floor thai he
was glad TO pay $l6,000,o00 for the privilege
of paying silver in redemption of ihe
bonds.
Mr.. Hopkins, Rep. of Illinois. said this
resolution had clearly shown that the SEN
ate was not a Republican body bur was
controlled by the free silver element BY
a decisive vote in the last election the
| people had spoken against free and un.im-
| lied coinage of silver. And yet the SEN
ate, no longer representing the people,
passed this resolution in defiance and mis-
representation of the public will Mr.
Hopkins commented on the unequal infu-
ence exerted by the scantily populated
! state of Nevada and the great state of
| Illinois in shaping results in the Senate.
Mr. Clayton, Dem, of Alabama. assert
ed that the defeat of this resolution was
! die ated by the masters of the Republi-
can party, who gathered at New York
| banquet table the other night al SlC0 a
! plate. which meant, at Alabama stand
! ards. that every man ate bale of cotton
! ard couple of mules.
Mr.. Grosvenor, Rep, of Ohio in oppos-
| ing the resolution. said that throughout
+ all the changes and mutations Of the
money question in this country the Re
publican party had maintained its unvary-
| ing devotion TO what was denomina ted
! 'honest money" He reviewed the record
and position of the party from the time
| of the passage of the resumption act i'm
! proof of this proposition
! Mr.. Wheeler, Dem, of Alabama. follow
! ed with a review of The same history that
/ MIR. Grosvenor had invoked to prove that
| the Republican party on the money ques-
! ton had "sOmersaulted like a circus tum-
! bier"
Mr.. Pearce, Dem. of Tennessee, declar-
! ed that the mist had Il last cleared away.
! The Republican party was firmly commit
! ted TO the gold standard Nothing could
/ disguise that fact
/ Mr. Grow, Rep. of Pennsylvania. con-
/ tended against the resolution that the
| creditor had the right to demand the pay
ment of his debt in whatever legal tender
! he elected. For the government TO exer-
else the option would be dishonest and in
bad faith. Otherwise the government
| could set It's printing presses at work and
turn out enough legal tender" 10 dis
! charge the government debt.
! Mr. BROWN Rem of PennsVivanIa said