The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-01-29


legal rigat but Ys.sS,. sne of governmental
ethics. lie concinIsS Nth an appeal to the
silver mefi TO permit the business men OF
the country for a little while to attend 10
their affairs in order that they might ascer-
tain where they stand.
TILLNAN PITCHFORKS ECKELS.
Mr.. Tillman thought this discussion was
simply the maneuvering of the great POI
litical parties for position in the great con-
test that was to be fought in 1900. The peo-
pie, he said would win in that contest, as
they had won in every fight they had ever
made for freedom. He made an attack on
former Controller Eckels for his action re-
garding the Chestnut-street National Bank
of Philadelphia, and declared the fact that
six of the last ten controllers of the cur
rency had graduated from the treasury
pesthouse' to be presidents of national
! banks or trust companies proved that those
bribed.
Mr.. Hawley said that the last original
STANLEY Matthews act had no force, as IL
was mere campaign threat and did not
have about it enough of chemical qualities
to make a stencil. The American people
would never consent TO the payment OF
their debts m anything but the best mo.fey.
Uncle SAM, he concluded, is always a
gentleman.
Mr.. Galinger believed in the payment of
the Nations debt in the best of money OF
fxed national as Well as international value.
Any other action on the part of the govern
ment would be national disgrace.
Mr. Elkins thought that as legal propo-
sitlon the resolution could not be success
Iuily assailed, but he could see no reason
for its passage now. He said there were
times when the bondholders could be treated
with indifference. but he asked Mr.. Teller
whether If war We're declared tomorrow he
would Introduce such Il resolution as this.
1t would be perfectly evident that could
raise no money on bonds in the markets of
the world If the declarations of the resolu-
ton We're enforced, because their enforce
ment would mean the free coinage of silver,
Mr.. Warren announced his purpose to vote
for the resolution. He gave this vote for
the resolution as it stood and not for any
Interior purposes the resolution might have.
The resolution meant no surrender of the
honor, credit and dignity of the Nation, but
IL athrmed principle of existing law and
retained for the government every option
and reservation as to the payment of bonds
that an individual would retain.
Mr.. Cullom announced briefly that he
would vote against the resolution because
1T was a step towards free silver. He also
presented statistics showing an increase of
money circulation in the last eighteen
months of $214,0000OO, which, the senator
said, was a sufficient answer to the state
ments that recent conditions had favored
the bondholders and oppressed the people.
He said his tables showed that farmers
products, particularly wheat. had gone up
of late months and articles used by farmers
had gone down.
Mr.. Butler advocated the resolution, say
ing that instead of destroying the parity of
the metals it was intended to sustain that
parity by keeping both metals, like both
Mr. Rawlins said the question was simply
one of paying bonds in accordance with the
legal obligation, or in the So-called best
money of far greater value than the money
with which the bonds were bought This
best money, he said, while best for the
bondholder, meant at the same time a
double burden for the people who must
pay the bonds.
Mr.. Aldrich said it had not needed the
declaration Of Mr.. Vest to Disclose that this
issue was the opening of the campaign of
1893 we intend to meet this issue SQUARE
ly." declared Mr. Aldrich. I'VE are re-
sponsble to the great party we represent,
and beyond that to the American people,
and we propose so far as we may to MAIN
tain the honor and the credit of the gov
eminent"
Mr. Aldrich closed just as the clock
ma rked 8, the hour set for voting, and the
Vice President promptly announced that
the voting would proceed. At this time the
galleries were filled to overlooking. and a.
large number of members of the House, in
GLIDING Speaker Reed, occupied the area
back Of the senators during the voting. the
result of which is given elsewhere. There
was no demonstration on the announcement
of the last vote, and at p. m, on motion
of Mr.. Allison, the Senate adjourned till
Monday.