The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1898-01-27

tender note On January / % 90 OF
o5rfts ratured. and I an Informed by
th@ secretary OF the treasury that these
bonds were paid. not in silver. but in legal
tender notes"
III that be so.- said Teller. I'VE might as
wei discontinue this debate and take a
vote upon the pending resolution nov
TIE point had been reached. thought
Teller, when an effort was being made BY
Inc administration TO put the country on
Il gold basis. He thought there had been
too Tntsch scphistry and evasion CT the
financial question among those who dis
c1issed IL during the past twenty years.
/ and IN lis opinion the time had arrived for
ali parties 10 walk zquareiy up 70 the can
mons mouth on the question. and deal fair
~ and honestly with themselves ard the
people.
Ia response 10 statement by Teller that
s22 pt.es0 Of bonds We're sold for the pur-
pose q maintaining the gold standard.
Gear Of Iowa said Il was well known that
mere than So. oa.Esa OF those bonds were
sold TO meet deficit in the treasury.
The statement was fatty coniTadIcied
! by the Colorado senator. who maintained
thar there was no necessity for the sale OF
bonds 10 meet current expenses when
there was plenty OF silver 20 meet pressing
! obligations Of the government.
Referring In the course Of his remarks
10 the presidential contest OF ISIS. Teller
said that no political campaign in this
country had ever been characterized by SO
much bitterness. acrimony and yiadieilve-
ness. He conceded the right, he said, OF
others 10 differ from him upon this and
other questions. hut he held that he ought
| TO be accorded the same right and liberty.
for the people. not only OF this country,
bat OF the world. depended upon the right
fuI solution Of the financial qEssiioa- lie
. had right to speak here for the great
masses of the people. and he took aavan-
tAEe Of IL because he felt that the fasten-
ing OF the gold standard upoa the country
would simply make of the PLAIN people
hegers OF wood and drawers 81 water
After speaking about TWO hours and half,
Teller replied TO some statements made
yesterday concerning savings BANKS
At the conclusion OF Teller's speech
Lodge called attention 20 some statements
fl criticism of an amendment offered Dy
his dodge yesterday 30 the pending reSo-
luton. The amendment declared that the
OBLIGATIONS OF the United States should be
raid "in the money that Is the highest
money OF the world, In gold or its eauiva-
TENT IN gold, whether that be silver or
pape-."
Lodge inquired whether Teller was in
favor of that amendment
well. | shall vote against IT, repiied
the Colorado senator.
Lodge insisted on knowing whether Tel
Ter did or did not think the amendment a
proper principle for congress TO lay down.
Teller still held that the government and
the governments creditors ought TO abide
By contracts made.
II desired TO know said Lodge what
the senator from Colorado thought of my
amendment because I copied IL word for
word from a speech made by the senator
In which he declared that every dollar this
government owes will be paid In the money
that Is the highest money OF the world. In
gold or its equivalent in gold. whether
that be silver or paper"
Lodge thought that If We senator from
Colorado cTeller) believed that his state
mcnt was accurate when he made IL. he
ought not now TO object to supporting IL
with his vote.
Teller replied that ne had never advo-
Gated the payment OF government obliga-
lions in deprecated currency, and did not
row.
Hoar followed in speech in which he
maintained the position he took yesterday
that the question under discussion was
not one Of law, but one of honor and in
tcgrity. He said that the advocates OF the
pending resolution maintained that by
crime the price Of silver had been reduced
until the silver In "a dollar Was worth only
II cents. yet the same senators who made
the charge of that crime advocated the
payment Of the governments obligation in
this deprecated mpney-money that had
been deprecated. they claimed, by crime.
|. had been made evident by the state
ment Of the senator from Arkansas
Berry 10 whom he referred as an ''hoE-
est. stalwart old Confederate, who vas
willing To walk Up to the lannon's mouth
Of the pending question. that IL was the
purpose of the silver men TO go into he
campaign of 1900 and dsclare II C. be right
and honest TO pay obligations in 4l-ccGt
dollars and to stigmatiz. - 'grabbsFs''
IA a =
them on the honesty OF such policy.
The Colorado senator. when lie rose
to begin mis- speech Hoar said, expressed
a desire 80 resent something. Teller rose
10 cali Haar's attention 10 another state
uent and when n had done SO. Haa-
ridicued him by iikeuing him To the
small boy was asked what the cost OF
eleven pounds of beef would be * ! cents
a pound and replied You came set no
beef at no such price"
In the course OF his remarks Hoar re
ferred Incidentally TO the present indus
trial situation TN New England and its
relation 10 the niugiey tariff law. lie was
glad, and the people OF New England
were glad. OF the Industrial prosperity OF
South Carilna. Alabama and Georgia bvt
he dc hold that the people of New
England did not want To be brought into
competition with communities where long
hours are the rule In the Industrial cs-
adjustments. ana NHeFc Chlfd l3oOr was
employed in the f1ctorcs Hc said that
these practices We're nor known tn New
England whore limited hours fos work
men ana go child labor were provided for
by Law. Competition upon a bass of
equality Of laws wosld be Welcomed ty
New England.
'-Our policy said Hoar. lis net bounded
~ state lgnes w are NV England men,
hut w are above all. Americans"
Hoard shortly aiterward concluded.
riatt Of conn Ctic3it. in an I'd lFesS IN
opposition o tho pending resolution. de-
clared that il was the purpose Of the
advocates Of fhe resolution IL override
the solemn declaration 81 congress iha:
,he parity Of god ard silver coin should
re maintained.
The senator from Nevada tstewarn
talks about the trouble and misery among
the people said Plat. but when this
government. according 70 the advocates
- the pending resolution. has been given
two measures 81 value measures that
mean TWO thiUGs-tbe misery and trouble
We have viii be nothing compared with
what they Viii bc then. Such a condition
would be worse thSn pesJilence and fam
tne combined"