Evening star. [volume] (Washington, D.C.) 1854-1972, 1898-01-24
Sound Money Men Oh the Teller
Silver Resolution.
i CLEAN-CUq FIGHT WILL RESULT
Course of the Matter in the
House.
VIEWS AT THE CAPITOL

Thursday next upon the Teller resolution
declaring that bonds of the United States
| may be paid in silver, is regarded by the
| sound money members of the House and
Senate as direct challenge on the money
question, and it is believed that it will re-
| suit in a clean-cut fight between the two
contending forces. 1t is obvious that the
House will refuse to concur in the action
of the Senate. Careful judges of the situa-
| ton in the Senate declare that the resolu
ton will pass there, but by much smaller
majority than the sixteen votes by which it
| was taken up Thursday. The roll call on
that occasion was a good deal confused
and it is known that several sound money
democrats and some western republicans
will vote against the resolution. Senator
Aldrich had assurances that if he could
| get one OF two missing votes, some of the
doubtful members would join him in kill
| ing the resolution. He was not quite able
to make up the necessary number and GER
| tain senators voted for the consideration
of the resolution who would have voted the
other way if their votes would have turned
| the scale.
Senator Aldrich has not modified in the
least his opinion that a bill for the unlimit-
| ed coinage of silver by the United States
at the ratio of 16 to l cannot pass the SEN
ate. He has a list of forty-five senator's,
making majority of one, who have per-
sonally pledged themselves upon the sound
money side. The list cannot be disclosed
without inviting attacks upon some OF
these senators, which are not desirable, but
1t represents the bedrock strength of the
sound money members. 1t does not include
certain senators of both parties who are
for sound money, at heart, but have given
pledges to vote for free coinage. 1t is ex-
pected that some of the doubtful senator's
whom Senator Aldrich has conceded to the
silver side will be absent when the roll is
called, if a free coinage bill is presented,
and the actual majority for sound money
will be considerably greater than is posi-
lively claimed
Its Future in the House.
1t is expected that the Teller resolution
will reach the House soon after its passage
by the Senate Thursday, and that 1t will be
referred at once to the committee Of ways
and means. - Chairman Dingley Of that
committee declared emphatically Thursday
that the resolution would not be adopted
by the House. 1t will be referred to the
committee of ways and means, of which he
Is chairman, and they: will report it ad-
versely. Speaker Reed Twill be strongly
urged to permit the resolution to be called
up at an early date, and to be, voted upon
in the House An overwhelming ma torify'
for sound money is expected in that body,
which will go far to offset the action of the
Senate in its effect upon public opinion in
the United States and abroad. Mr.. Ding
ley does not think it practicable to substf-
tute complete banking measure and send
1t back to the Senate VIII h a request for a
conference, but this course Is being strong
ly advocated by some of the outeand-out
gold standard members of the House. Their
fighting blood has been stirred by the ac-+
ton of the Senate, and 1they declare that
the House and republican party should
speak with no uncertain sound in support
OF the public credit and the gold standard.
Mr.. Updegraff of Iowa, one of the most
uncompromsing gold standard members,
believes that the House should seize the
opportunity to at least substitute for the
Senate resolution the decfaratt On of the
monetary commission, that all. obligations
of the United States for the payment OF
money now existing, or hereafter entered
into, shall, unless otherwise expressly pro-
vided, be deemed. and held, to be payable
in gold coin of the United States" 1t
would be difficult getting the Senate to con-
cur in an amendment of this sort, but the
gold standard men believe that the House
and the friends of sound money should al
least be as outspoken and courageous upon
the subject as the narrow margin of free
silver extremists in the upper branch.
Senator Lodges Views.
Senator Lodge of Massachusetts express
ed his opinion of the Senates action in
these words: -
PERSONALLY l am not sorry that the Tel
Ter resolution has been brought forward. 1t
makes the issue plain and demonstrates that
t>''H first proposition of the democratic party
Is IL pay the debt of the nation in silver
1t can do no harm because it cannot pass
he House, where hope it will be taken up
and overwhelmingly defeated, and even If it
could pass the House the President would
veto 1t. On the other hand it defines the
issue which must be fought out before the
people and at all the polls next autumn.
1t Is well that the country should under
stand this, and that the sound money men
should prepare for that battle now"
Mr.. Dfngley's declaration.
Representative Dingley declares emphat-
ically that the House IS for sound money
and will so vote when it gets q chance at
the Teller resolution. He said today to a
Star reporter:
''The Teller resolution will not be adopted
ty the House. 1 think It's introduction i'll
the Senate is very mischievous. If 1t pass
es the Senate 1t will be referred to the ways
and means committee! Of the House, and
my impression is that they would report it
adversely. I think the House would accept
this report and reject the resolution"
would gold substitute be reported or
simply an adverse report NADER" was
my view would be in favor Of an adverse
report" was the reply. "The rejection of
the resolution would In "a certain sense i'm
ply the negative of what the resolution de-
ciared; OF - course, when the resolution
passed In 1878, silver and golQ were nearer
together. and 1t did not inspire the distrust
that 1t would now"
would 1t be in order to substitute bill
from the banking committee for the Teller
resolution"
mo-" was. the replys at Would not be
germane. The Senate resolution would be
sent to our committee because 1t relates to
bonds, but banking bin would not be per-
tinent. I have no doubt the House IS
against the Senate resolution. Whether 1t
would be called fup in the House is ques-
ton for the committee, but should think
It might be desirable to call it up and re-
ject it,