Daily Kennebec journal., 1899-12-16
Seth CONGRESS.
CONTINUED from page ID
tanned its credit and kept its money

tanned its credit and kept its none,
good.
Cooper, Tex, spoke against the bill.
Williams. Miss, arraigned the Re
publican side for inconsistency ano
urged that it was possible by legisla'
tive enactment to maintain ratio be-
tween the metals.
Boering, Ky. denied that the election OF
Taylor In Kentucky was due to fraud
and said the strongest refutation of this
charge was the fact that the election was
held under the Gocbel law, framed by thN
Democratic candidate.
Bailey, Tex, said a remarkable spec
tacle was presented by the debate on this
bill. lie recalled that when IN the 3iti
Congress, TOwne asserted that the Re
publican party had never declared Tor !
gold standard, the Congressional RECORD
showed that he was Interrupted by many
Republicans with the exclamation: And
II never will.
Bailey said the Republican side was SO
busy studying the trend Of events that
il had no time To study the science OF
money. While the first section of this
bill purported to establish the gold stand
ard the law of 1913 fixed the gold dollar
as the unit of value. This bill was there
fore simply re-enactment put forward
TO make people believe something new
and wise was being done
production of gold, Dalzen asked if in
view Of this increased supply Of gold
The Texan responded emphatically in the
affirmative. amid Democratic applause
The Democratic side simply asked sutti-
cheney of basic money, and II this was
suppl!ed by either gold or silver, then in
stead Of refuting the Democratic position
IL simply confirmed il.
Bailey declared that the logical outcome
of this bill would be to take the millions
INN la tn
the open market and sell ii as Germany
had done. If the supporters OF the meas
ure We're honest and consistent, they
would thus offer the silver for sale now,
as that would be the inevitable fate OF
silver under this bill.
Bailey closed his speech with stirring
tribute to the time -hOnored and undyinS
Democratic organization which evoked
applause from the Democratic side.
Immediately following Bailey came the
statement of Scudder. Dem, \. Y: "As
a Democrat ! favor the single gold stand
ard and will vote for this bill While
not cOncurring in all the features of The
bill. Scudder said the main features cs-
tablishing gold standard and giving
stability to values commanded his sup
port.
Payne n. Y. said Bailey had discov-
cred nothing new in the old law liking the
gold standard. The trouble WAS to have
gentlemen on the Democratic side accept
that law. and the purpose Of the present
bill was to place the subject beyond fur
ther doubt and miSConstruction.
DalZell, Pa. said the Republican plrtT
was a progressive party; ii was ready t.
meet the needs ana demands OF the pres
ent. DalZell referred to the published in
terview of that gentleman who has made
demagogy a profession" during his WAN
deringS in Texas, that the pending bIli
should be defeated because it was not in
the interest of the Democratic party.
Richardson, Tenn, sharply questioned
this statement, saving the reference had
been to the Democracy" and not To the
Democratic party"
Bellamy. n. C., spoke against the bill.
Mondell, Wyo., Kerr and Bromwell. Ohio,
spoke in favor of the measure. The de-
bate closed with short speech by Morris
Mimi, in favor of the bill. after which.
at 5 o'clock, the House recessed until s
F. NJ.
At the evening session, Clayton, Dem,
n. Y, announced his intention to vote
for the financial I'LL. In response to un-
favorable references which had been
made to Gold Democrats, clayton said
there We're many of that belief in New
York and the number was constantly
growing. Others who spoke for the bill
were. Sulloway. \. H.; Bingham, Pa;
Mudd, Md. and Myer. Wis. Those who
spoke against the bill We're Robinson,
Neb.; Thomas, n. G.; Lloyd, Mo; Snod-
grass. Tenn; Rucker, Mo; Robb. Mo :;
Davenport, Pa; Lamb. Va; Caldwell
Ill. stephens, Tex: Gordon, Ohio, and
Neville Neb.
AT l0.l5. the House adjourned