The times. [volume] (Richmond, Va.) 1890-1903, 1898-01-29

Senate favorable to the free and uniimit-
/.
Mr.. Wolcott, OF Colorado was the first
speaker under the tfteen-minute rule,
which went into effect at o'clock. lie
thought that any senator, whatever his
financial Views. could vote for the Teller
resolution as IL involved nothing except
the carrying into effect of the govern
ments plain obligations.
He referred with scathing sarcasm TO
the sale OF bonds by the Cleveland adj
ministratcn In 1894. denouncing II as one
Of the darkest pages In American imam
cial history.
Mr.. Morgan tAlabama) supported the
resolution in carefully prepared speech.
Dasing his support upon statistics and
deductions indicating The impossible
ity OF striking silver from among the
money metals
Mr.. Foraker tOhio) thought the state
ment in the resolution that such coinage
as contemplated by it was not I'm deroga-
tfon OF the rights OF creditors could only
mean the free and unlimited coinage OF
silver lie was therefore opposed TO the
resolution
Mr.. Chiffon, Crexas). i'm a legal argu-
ment advocated the restoration OF the
standard silver dollar to coinage and their
use in the payment OF the governments
obligations.
Mr.. Nelson (Minnesota). stated that
his objection to the resolution was that
It ignored the duty OF the government
to maintain the parity between the me-
tals. as imposed upon 1t by law.
THE MATTHEW'S RESOLUTION.
Mr.. Allison spoke of the circumstances
attending the passage Of the Stanley Mat
thews resolution I'm 1873 To him 1t had
not meant at that time a declaration In
favor OF the free and unlimited coinage
OF silver. The clear purpose OF the pend
ing resolution was 10 commit the country
10 the free and unlimited coinage of sill
yer at lG 10 when IL was automatic. The
Senator declared that such a course with
out concurrence of other rations will lead
us inevitably 10 the silver standard alone
ana 70 silver monometallism
Mr.. Gray Delaware. urged that the
resolution could accomplish nothing and
was a hollow expression so far as affect
ing the character OF money in which our
bonds were 70 be met. He regarded the
resolution itself a. expressive OF truism.
Whne supcrnuous he would vote for II.
Mr. Allen. OF Nebraska, insisted that
the parity between gold and silver.
Mr.. Bacon. Of Georgia. held that the
resolution applies distinctly to the silver
five hundred mllons-already coined. and
to that which shall be coined in the fu-
ture Ho maintained that he pending
resolution was most important as a de-
claration Of the legislative branch as 20
the duty Of the executive branch Of the
Government
Mr.. Thurston. Of Nebraska. said that
the legal obligation OF the Government
was set forth in contracts and there Is
no need now to restate the terms OF those
contracts He denied the right of any
government TO pass upon its creditors
any but the best dollars Of the world.
TILLMAN GETS IN IT.
Mr.. Tnlman. Of South Carolina. thought
this discussion was simply the ma
noeuyring of the great political parties
for position in the great contest that was
20 be fought In 1900. The people, he said.
would win In that contest as they had
won ia every fight they had ever made for
freedom. lie denounced as hypocrisy
the financial plank OF the Republican mn
tional platform. and insisted that II was
an effort to fasten the gold standard on
the country.
Mr.. Hawloy, Of Connecticut said the
pending resolution simply looked TO the
payment Of the national debt in i3-cent
dollars.
Mr.. Gallinger. Of New Hampshire, be-
lieved In the payment Of the nations
debts In the best Of money OF fixed ma
tional as well as international valne.
ANY other action upon the part of the
government would be national disgrace.
Mr.. Elkns West virginia. thousht ~
"A legal proposition the resolution could
not be successfully assailed. but ne could
see no reason for us passage now; he
said there were times when the bondhold-
ers could be treated with indiHerence
but he asked Mr. Teller whether II war
were declared tomorrow ne Would INTRO.
duce such resolution as TINS. II Wouln
be perfectly evident that we could fals"
no money on bonds In the markets OF the
would n the declarations of the resolution
were enforced, because their enforcement
would mean the free coinage oi SILVER
Mr. Warren (Wy0mingJ dnnounceu MS
purpose TO vote for the resolution. Ihe
resolution meant no surrender OF the non
or credit and dignity Of the nation.
Mr.. Cullom Hllinoisl announced piignS
that he would vote against the resolution
because It was a step toward free silver
BUTLER'S VIEWS.
Mr.. Butler (North CarolnaJ advocated
the resolution, saying that instead OF de-
strOying the parity OF the metals as
had been asserted. II was intended To sus-
tain that parity By keeping both metals
like both arms, in equal use. IT was al
Legged be said. that the national hohor
was at stake but was not honor que the
tax payer "a well as the bondhoider.
Mr.. Rawlins (Utah) said the question
was simply one Of paying bonus III "S-
cordance with the legal Obligation, or III
the so-called best money OF TAR greater
value than the money with which the
bonds were bought. ,., -.
Alr Aiur.ch said it had NOT hteueu ~
declaration OF Mr. Vest TO disclose tha'
his Issue was the opening Of the cam
ma ON of 1900 IL was the opening OF "A
contest between those who favored a
cbeauer money and those VINO DelleVed
fhe limited States was bound at every
hazard to maintain the parity OF every
dollar ever issued by the Government Az
a time when the kepuDhcau palS "Ss ~
seeking 10 strengthen the currency OF lhe
country this miserable measure was
brought forward. I'VE intend 10 met
this issue squarely' declared MI AN
rich lie declared that the resolution
was an absurdty. in that IT was "a con-
current resolution" in which the House
did not concur, hence 1t would be IN
ODl rative. even as an expression OF SEN
timsnt even by the Senate.
Mr. Aldrch closed just as the clock
marked Is, the hour set Tor voting, ana
the Vice President promptly announced
that the voting would proceed.
VOTE ON LODGE AMENDMENT.
\ number Of amendments that had been
offered during the debate were laid on tne
table. The vote on the Lodge amendment
to pay bonds in gold was as follows:
Yeas-Messrs. Aldrich Baker. Caifery,
Culom. Davis Fairbanks, Foraker, Gal
ingor. Gear. Hale. Hanna, Hawley, Hoar,
Lodge. Mcbride. Mcmillan, Mason: Nor
rin. Penr0se Platt Conn, Plat On. ",
Sewcll. Wellington. Wetmore-2f.
A ItgEHu