The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1898-01-20
THE TELLER RESOLUTION, PRO
VIDING FOR THE PAYMENT
OF U. S. BONDS IN SILVER
TAVORABLY REPORTED.
is TO BE PRESSED TO A VOTE
It May Make Some Trouble for Senators Smith
and Murphy The Democrats viii how
Mr.. Gage That His Little Scheme
for the Banks Won't Co.
washington Post.

ed, but when it does go oil somebody Is
likely to get hurt.
Mr.. Vest started the trouble when he
reported favcrably from the Finance
Committee yesterday rhe resolution re-
Gently offered by Senator Teller. Stripped
Of its yerbiagA, it pro y'Ies that all coin
bonds shall he payable both in gold and
silver. 1t is to be soon called up for con-
sideration according to Mr.. Vests pub.
lie notice, and is to be pressed to a vote.
When this vote comes there will be a
Smelling of the woods, to use Mr.. Vests
expressive phrase, and some of the Sena-
tors who are now anxious to remain
hidden under cover will be driven out in
to the open.
There is no doubt of the passage of
the resolution in the Senate. The silver
ma jority there is safe one and even an
out and out free and unlimited coinage
bill would not lack sufficient votes to
pass. The Teller resolution will, indeed,
be even stronger, because it will be sup
ported by the bimetallists like Wolcott
and Chandler 1t is nothing more than
a repetition of the Stanley Matthews dec
laration OF 1873, for which. Mr.. McI<in-
ley, now President; Mr. Allison. and
other Republican leaders voted. Some
o. them are still in the House and Sem
ate, but it may be that they will plead
the statute of limitations and reverse
their position of twenty years ago.
GESTURES THE EASTERN DEMO
Gratis.
1t 5 on the Democratic side that Mr..
Vests determination to force vote will
occasion the most disturbance Two
Senator's are vitality concerned. New
York and New Jersey will elect legisia-
lures next fall which viii choose sue
cessors to Senator Murphy and Smith.
Both Of these Senators, while loyal to the
Democratic organization in 1896, are by
no means ardent adherents of the silver
coinage idea, and they are anxious, a.
boye all things, to keep the financial
question in the background until they
have secured Democratic legislatures
which shall return them TO the Senate.
Both in New York and New Jersey the
Democratic side has been rising. In The
latter State the Republican majority Of
$4,000 in 1896 was reduced to $4,000 last
fall, and there was a prospect that this
year Mr.. Smith would carry the State
Whether he will be able to make n
campaign if the Democrats in
augurafe financial debate in the Sen
ate. and especially if he has to vote eth
err for or against measure so radical
as the payment of United States bonds
in silver. is a serious question.
There is no doubt that Senator Smith
regards the situation as materially en-
barrassed by this unexpected turn of af-
fairs. Senator Murphy is in the same
boat His ovte, as we'll as Senator
Smiths, will he awaited with consider
able interest. If these two Senators go
against the bulk Of their party they will
emphasize the differences i'll the Demo-
cratic ranks on the financial question. II
they vote for the resoluti ~. they will
undoubtedly ALLEVIATE very large faction
of their otherwise Democratic constitu-
ency.
AWARE OF ITS SIGNIFICANCE.
Senator Vest has not, however, acted
hastily in the matter, nor with any lack
of clear appreciation of all that vote
upon the resolution involves. When ask
ed yesterday how the Eastern Democrats
would regard the proposition. be respond
ed briefly, but emphatically, that he could
not tell, because he was not an Eastern
Democrat.
.sRut have you not disturbed their feel
ings by interfering this question and
forcing their votes ON the eve of their
legislative campaignT
ssFeelings should not be considered"
was his vigorous reply, when legisla-
ton that is right is to be considered"
In other words, it would seem that the
radical silver men in the party have
found a way to offset the Eastern Dem
ocrats who have recently taken active
steps to place the silver question in the
background. These endeavors have
been so pronounced as to cause very
general comment. Senator Murphy
Congressman Cummings and Sulzer, and
other New York Democrats are outspok-
en- in their determination to prevent
Bryans denomination il possible, and,
especially, to prevent the platform from
being too conspicuously oyerlaid with
silver. They have earnestly sought mem
bership for the recently-organiZed New
York Democratic club among Southern
and Western Congressman, and had sue
ceeded in securing quite list until the
real character of the organization was
discovered Now some of the would-
no members are very frank in saying that
they will have nothing to do with the
club.
sen ATOR JONES' VIEW OF THE
SITUATION.
Senator Jones, of Arkansas, the ma
tional chairman OF the Democratic party.
also realizes that the vote ON the Teller
resolution will not be without its p0liti-
cal significance, but ne says that Sena-
tors whose fate may be affected can do
nothing else than act according to their
I'VE shall hew TO the line. .
"a id he. "let the chips fall wAere they
may.
But" he added. Il cannot see why
this resolution should not receive the
united support OF all who are opposed to
the single gold standard. The Stanley
Matthews resolution, of which this is
copy, was adopted as the expression OF
the legislative branch Of the govern