The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1898-01-29

real attitue of the administration. Ihere
was inreality no difference between the
president and the secretary of the treas
ury, and the later had given out TO the
Associated Press not long ago that their
views were in substantial accord. In clos
ing Mr. White declared that behind TINS
resolution was the great issue between pl-
metallism and the gold standard, when
from this time on, would be KEEP clearly
in view, so that attempts to deceive the
people would fail
TELLER'S ONE IDEA.
Mr.. Fairbanks of Indiana, followed
against the resolution. He said the pur-
pose of the resolution was not frankly eX-
pressed on its face. and it was only in
the course of the debate that il developed
that the essential purpose was to give an
expression of the United States senate Ia
vorable 10 the free and unlimited coinage
of silver at the ratio of 16 to1. In the
course of his remarks Mr. Fairbanks reda
a telegram received by him from Secre-
tary Gage as to the methods in paying
bonds An this Mr.. Gage states that gold,
when demanded, is not refused, but as
matter of fact, gold is seldom called for,
and few payments are made in gold. Re-
ferrfne to Senator TeHer's advocacy of
free silver, Mr. Fairbanks said that while
he did not question the lofty purposes in
spring the Colorado senator yet they
had carried him to the point where all
else was dependent on this one question
of silver It was an advocacy so ardent
that the senator seemed ready follow
his ingis fatuus, although it plunged the
country into the morass of government
dishonor Commenting on Mr.. Telllers
speech on Cuba, China and the need of
strong foreign policy, Mr.. Fairbanks de-
clared that he feared the Colorado sena-
tor would be willing to see his country
wrapped in the flames of war if his one
aim of free silver was accomplished, for,
said the Indiana senator, the first gun
fired would bring US 10 deprecated sill
yer basis.
wOLCOTT SUPPORTS IT.
Mr.. Wolcott of Colorado was the first
sneaker under the fifteen minute rule,
which went into effect at 2 o'clock. He
thought that any senator, whatever MS
financial views, could vote for the Teller
resolution, and it involved nothing except
the carrying into effect of the govern
ment's plain obligations. He thought that
denunciation and abuse heaped upon those
who support the resolution wer unwar-
ranted; for he did not think the man was
yet born who would betray his govern
ment by Offering to pay its obligations
in spurious money. ,-- -.--s
hing sarcasm TO
the sale of bonds by the Cleveland admin
istration in 1894, denouncing it as ore OF
the darkest pages in American financial
history. He declared that the men OF the
west might be entrusted with the national
honor.
1--WE have he said. ''never betrayed
our government and never will. We IN
tend to pay all our obligations in good
money and nothing else.
He felt that the resolution ought to be
passed without change, because it meant
just what it said, and its declarations
were in no sense a violation of the ma
tional honor, either Greet or implied.
MORGAN APPROVES IT.
Mr.. Morgan of Alabama supported the
resolution in a carefully prepared speech,
basing his support upon statistics and de-
auctions indicating 1.-The impossibility OF
striking silver from among the money
metals"
He felt that amid the confusion exist
ing it was clear that the people demanded
the restoration of silver TO coinage, and he
thought that such restoration would he
as the delivery of mankind from war,
pestilence and famine
FORAKER'S VIEWS.
Mr.. Foraker of Ohio thought the reso-
Iution's meaning ought to be made clear,
it being evident there was a great di-
versity of opinion on that point. He did
not think the resolution was any more
than declaratory of the law, and that was
as far as the declaration went. He
thought the statement in the resolution
that such coinage as was contemplated by
it was not in derogation of the rights of
creditors could only mean the free and
unlimited coinage of silver. He was,
therefore. opposed to the resolution.
Mr.. Foraker declared himself in favor
o. international bimetallism, or, as an
alternative. 10 maintain the present finan-
cial status. The enforcement of the terms
of the resolution. in Mr.. Foraker's opin-
ion would bring about himetallism, but
would force the government to a silver
basis.
Chiffon AND NELSON.
Mr. Chiffon Of Texas, in a legal argu-
ment advocated the restoration of the
standard silver dollars to coinage and
1F h.
ment's obligations He held that the pre-
| tension of the bondholders that they were
entitled to he paid in better money than