The Portland daily press., 1898-01-29

bate, animated at all times and occasion.
ally acrimonious, which occupied the
greater part of this week the Senate this
evening. by the vote Of AZ to 50, passed
the Teller concurrent resolution.
The resolution is practical reaffirma-
tion of that Of Stanley Matthews in 1878,
and Is as follows:
"That all the bonds Of the United
States issued or authorized. to be issued,
under the said acts of Congress hereinbe'
fore recited. are payable, principal and
interest at the option of the government
of the United States in silver dollars of
the coinage of the United States contain
ing A12 1-2 grains each of standard silver;
and that to restore to it's position 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 lof the public
CREDITOR
All efforts to amend the resolution were
voted down by majorities ranging from
3 to 80.
The events Of the day leading up to the
final vote were full of interest and I'M
portance. 1t was q field day for orators
OF the Senate, no less than 25 senators
EN- bracing the opportunity to speak upon
the subject under discussion. That the de-
bate was interesting was attested by the
attendance in the galleries, which were
crowded throughout the day; and that
1t was important was evidenced by the
statements OF several OF the speakers that
the discussion was but the preliminary
alignment Of the great political parties
for the contest of 1900
From 10 o'clock this morning until
this evening the contest was continued.
When the voting began it was evident
that. marty lines were being broken on
10th sides of the chamber, but it was on
-, srfb5tituta offered By Mr.. Lodge Of
Massachusetts that the most decided break
occurred.
On the Republican 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 pas
sage of the resolution some Republicans
who supported Mckinley and the ST.
Louis platform in 1896, like Carter of
Montana, Chandler Of New Hampshire,
Clark of Wyoming, Pritchard of North
Carolina. Shoup of Idaho, Warren OF Wy
oming and Woloott of Colorado, voted for
the resolution, because as Mr.. Wolcott
H., AOcO-
luton committed those who supported it
to the free and unlimited coinage of sill
yer.
Washington, January 2S.-In accord
ance with agreement the Senate convened
at 10 %. m. today.
The chaplain being absent, the Vice
President opened without the usual in
vocation. eaE
By unanimous consent the routine
business was waived and Mr.. Stewart
opened the last days discussion of the
Teller resolution.
In supporting the resolution Mr..
Stewart maintained that money, whether
it be silver or gold or paper, was Great
ure of law, the creation of money being
Inherent in all independent nations He
said that this statement had been upheld
by the highest of tribunals and cited
historical instances Of such creation of
money.
After legal discussion of the money
question, Mr.. Stewart said, referring to
the speech of President Mckinley in New
York last night, that he regretted to see
that the President had not studied this
question more deeply and that he was ut
terly misguided. He quoted the following
sentences from the Presidents speech:
Nothing should ever tempt-nothing
will ever tempt us-to scale down the
sacred debt of the nation through a legal
technicality. Whatever may be the
language OF the contract the United States
will discharge all of its obligations in the
currency recognized as the best through
out the civilized world at the time of pay
Iment.'
Mr.. Stewart thought that this was a re-