Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1898-01-28
55th CONGRESS-.
Continued from page IL


Either the existing gold standard
must he maintained or the country
must authorizes free silver coinage The
latter alternative means. he said. the
disappearance of gold from circulation
and the placing Of the country upon a
silver basis
1t had come now, TO a contest be-
tween two standards. Lodge declared
that any change in the monetary
standard would fall With dire results
upon the masses of the people.
Spectators and moneyed men would
soar above the storm. While the plain
people would receive the brunt of It's
fury. He held that it impaired the
credit of the country to pay our obi-
cations in the cheapest money. When
the government gave choice as to the
kind of money its obligations sh0ulI
be paid in ny using the term coin" it
was proper that to. the creditor the
choice ought to be left The adoption
of the resolution and the enforcement
II its provisions would be a policy
fraught with great danger to the coun-
try aud to the people
Lindsay. Ky. made a speech in sup
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/ - '''i'' az tl'efe was no more reason
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TUG F'ail' h'7d"H 81 tAe declaration oi
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!rlF'' 'irA-
- f"l*ft y" H4Ai5. replied Lind
say. hut the Question res uted j. nne
"I t@.ltt. n"i "i good taiih- 70" taW
PASSED IN q constitutional Nay and 81
maintained always determines the
question 81 good or Sad faith.
would il he in good faith persist
Cd Aldrlch. - pay tht governments
9bligatlona IN a deprecated currency.
LINDSAY SAID the question had been
answered He held that the opponents
OF the resolution mad made a false Is
sue IN endeaVoring to make this rcso-
luton an important matter
Aldrlch desired to predict question
/ upon the statement that free colnoSe
Of silver meant adepreciated currency.
but he was challenged both by Berry.
Ark. and Teller. Aldrich held tlat
iIe'fy had admitted that tn" f"S"iu-
zion meant. if enforced, the free
coinage of silver and that if the silver
should not appreciate in consequence.
he would favor paving the govern
/ tnent's obligations in the deprecated
money.
Berry reuli4a that he had NOT al :
/ mitted such would be the result of the
I resolution. Int he thought if sucn
| should he it's result the government
had an uno,estioned right in morals
and in law to nay in such deprecated
! eurrencv,
.Ndricb-That is what 7 thoucht
Lindsay said if was never a yiolatfoo
Of faith to keep a contract in both le+
ter and spjrit
In 4 colloquy between Lindsay and
cafferY, the latter declared. Tho
government is morally bound to pay
its Obligations in the best money. #
gold should depreciate and silver
/ should exceed il in value il would De