Phillipsburg herald. [volume] (Phillipsburg, Kan.) 1882-1905, 1898-02-03


Stanley Matthews resolution in 1878
To him it had not meant at that time
q declaration IN favor OF the free aud
unlimited coinage of silver, Other
coinage measures were pending at
that time, and when one Of these
came over from the house the senator
from Colorado (Teller) voted to strike
out the provision for the free coinage
of silver and voted for limited coin
age agreement. When he was being
gibbeted on this cross roads of pubic
opinion for alleged inconsistency he
wanted it known that the Colorado
senator and the Ohio senator who
introduced the resolution of 1878,
Senator Mathews, had voted to
strike out free coinage provision
The clear purpose of the pending
resolution was to commit the country
to the free and unlimited coinage Of
silver at 16 to l, when it was almost
axiomRtic that such course without
concurrence of other nations will lead
inevitable to the silver standard alone
and to silver monometalllsm, and yet
senators were asked TO sanction this
monstrous proposition -monstrous in
the change it proposed. He reviewed
his expressions for an international
agreement as the only means of re-
facilitating silver, and said that the
failure Of the Wolcott commission did
not bring despair to those who saw in
this method ultimate relief for silver.
TELLER FORCED TO EXPLAIN
Mr. Teller explained that his vote
in 1878 referred 10 by Mr.. Allison
was given not because Of opposition
to free coinage, but because it was
not practicable at that time to secure
majority and get what was wanted
Mr. Gray urged that the resolution
could accomplish nothing and was q
hollow expression 50 far as affecting
the character Of money in which
bonds we're to be met.
Mr.. Allen insisted that the free
coinage of silver would restore the
parity between gold and silver.
Mr.. Bacon took issue with the
statements and conclusions of the
senator from Ohio (Foraker) and the
senator from Iowa (Allison) discus
sing the present conditions as con-
trasted with those of 1878 when the
resolution WIS originally passed. He
held that the resolution applied dis
tinctly to the sllver-500 millions
already coined, and to that which
should be coined IN the future.
Mr.. Thurston thought the question
involved IN the discussion was not
one of legal right, but rather one OF
government ethics. He concluded
with an appeal to the silver men to
permit the business men of the coun-
try for a little while to attend to their
affairs in order that they might as
certain where they stood.
TILLMAN sLURs AT ECKELs
Mr.. Tillmsn thought this discus
sion was simply the maneuvering Of
the great political parties for position
IN the great CONTEXT of 1900. The
people, he said, would win in that
contest as they had won In every
fight they ever made for freedom
He made an attack upon former
Comptroller Eckels for his action re-
garding the Chestnut Street National
bank of Philadelphia, and declared
the fact that six OF the last ten comp.
trollers of the currency had gradual
ed from the treasury "pest house.
to bs presidents to national banks
or trust companies proved that these
men were owned by the banks or had
been bribed.
Mr.. Hawley said that the original
Stanley Matthews act had no force,
as it was mere campaign threat and
did not have about it enough of
chemical qualities to make stencil.
The American people would never
consent to the payment of their debts
In anything but the bes. money
"Uncle SAM" he concluded, rs al
ways gentleman"
Mr. Gallinger believed 10 the pay.
ment of the nations debts in the best
of money Of fixed national as we'll as
international value. Any other &C.
ton upon the part of the government
would be national disgrace.