The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1898-01-29
thrown off the cloak and made the issue

directly with the people.
Mr.. Cannon followed in support of the
resolution. He believed that the only
way in which the parity of silver and
gold made money could be sustained
was to accord equal privileges of both
metals at the mints. He held that the
only other way to maintain the parity
was to pile up interest bearing obliga-
tions upon the people. He firmly de-
MED that the advocates of free coinage
were in favor of anything but a 100
cent dollar.
I'VE do not believe, however" said
Mr Cannon, lin the defiled dollar of
Grover Cleveland. which is worshiped
by the present administration"
He criticised the president for attend
ing banquets of millionaires in New
York, there perusing his menu bound in
gold and then declaring in favor of
paying government obligations in gold
in violation of the nations right to die
tate what money they should be
paid in.
Mr.. Jones of Arkansas began his
speech in support of the resolution by
criticising the position taken by MIR.
Allison of Iowa. He thought the reso-
luton would squarely align those who
held the various financial beliefs He
said the advocates of the resolution
proposed to pay the full pound of flesh
due. but absolutely not a bit more. He
read communication in a financial
newspaper to the effect that there
would not be much serious opposition
TO the legislation proposed by the
monetary commission by the "recalci-
trant silver senator's" Mr.. Jones gave
notice that the .'recalcitrant silver SEN
ators would have to be reckoned with
pretty seriously before any legislation
as that proposed got. through the SEN
ate.
Mr.. Jones said he made the broad
statement that no democrat, silver re-
publican or populist hadaever declared
in favor of paying government obliga-
tons in a deprecated currency,
Why" interrupted Mr.. AIdrich, "the
senator's own colleague (Mr Berry,,
said II free coinage should not produce
q rise in the price of silver. he would
be in favor of paying our obligations in
that metal
But he did not say that free coin
Mr.. Jones.
"Oh. that is a mere refinement of
language replied Mr.. Aldrich.
MY colleague" said Mr.. Jones, ''is
able to take care of himself and to de-
fine his rfeaning.''
wei, l shall take up that matter
When speak" said Mr.. Aldrich.
Mr.. Jones, continuing, said that the
newspapers unfriendly to the cause
were saying that bimetallism was dead.
Determined to Restore Silver.
Il believe" said the Arkansas sana-
tor, that the peoples conviction on tbe
question is more firmly fixed than ever
oe1ore. They are determined to restore
silver to its status before 1903. and we
snali do all to accomplish that result.
we snail march in solid phalanx with
snieius locked down to the day of doom
IN our efforts for the restoration of sill
Yer, and the republican cries that the
issue of silver is dead will fall upon
deaf ears
At the conclusion of Mr.. Jones,
speech, Mr.. Pettigrew introduced the
Iollowing resolution That it is con-
trary TO the interest. policy and tradi-
tion of the people of the United States
70 acquire any territory so situated as
TO require a navy to protect it." The
resolution went over
The first speech of the day in opposi
ton to the Teller resolution was deliv-
cred by Mr.. Burrows of Michigan He
said that the republican party was
pledged to secure If possible interna-
fional bimetallism, and the president
would do everything in his power to
carry out that pledge. Meantime. the
existing gold standard would be main
tanned. Until the international agree
ment was secured the purpose of the
administration was to continue the kind
OF Dlmetallism We have now whereby
800, 100000 silver dollars were main
tanned at parity with gold. Any. prop
osftion which looks to the abandonment
Of this position. which was likely to
create a disparity between the coins of
the country, was in violation of the
public faith and in derogation of the
rights of the public creditor.
In conclusion, Mr. Burrows said the
passage of this resolution fortunately
would accomplish nothing. 1t might
tend to alarm the business interests of
The country and retard to some extent
the advance of prosperity. but by the
statements of the president of the |
United States last night, the country |
was assured that the governments |
obligations would be discharged in the |
pest money of the world
Mr.. White of California spoke in sup |
port of the resolution and analyzed at |
some length the position of the repub- |
lean party upon the free coinage of |
silver. He spoke of the lack of def |
llteness of the presidents message on /
he larger questions The message re-
erred TO Secretary Cages plan and in
,lted inspection. There was no oppos-
ion expressed to that plan and doubt
ess. said Mr.. White. if the president did
lot approve the Gage plan he would
ave said so. The senator then referred
ronically to the New York banquet last
light at which the president spoke He
pune u the men VINO had gathered at 1
he feast TO consider means of improy-
ng the conditions of the poor working
pan and the farmer 1t had been re-
erred to as a Belshazzar's feast Mr.
fhite read in sarcastic tones the press
eports of enthusiasm at reference to |
he gold standard and the cold chills
Fhlcn oFefspread the banqueters at
he mention of International bimetaI-
ism.
The One Great Issue.
1t was we'll established. declared the
enator. that the public utterances of
eeretary Gage on the gold standard
ave the real attitude of the adminis-
ration. There was ip reality no differ
nee between the president and the
ecretary of the treasury. and the lat
er had given out to the associated
fess not long ago that their views
'ere in substantial accord. In closing,
lr. White declared that behind this
solution was the great issue between
imetallism and the gold standard
'hich. from this time on. would be
II. L.