The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1900-02-14

! WASHINGTON, EEW. AZ. TIL dnanc.a
debate in the senate reached its climax
today Two great speeches. one in favor
OF the pending senate substitute and The
other in opposition 20 II. were delivered
and both were listened 20 with G ose at
tentlon. The first was delivered by Mr.
Allison Iowa. the ranking member of the
/ finance committee lie had been an al
tentive listener 90 the speeches de e.lvered
on the other side Of the chamber
| Mr. Jones, OF Nevada. dec AIRED that the
bin was Vicious and unwaranted. confer.
rims too great power upon national banks
and fastening the coutFy to a gold stan
dard
Tomorrow the senate will begin the
| consideration Of the bin and amendments
under the ten minute RUE
/ Mr. Lindsay, Of Kentucky. inquired
whether, In case there should be "a de-
/ nct, the god obtained from the sale OF
bonds under tho bill could be used to pay
current expenses Of the government
! Under the provisions of the senate
substitute, TO which I ann d'r,S, ng my re-
marks replied Mr.. AZ ison. these bonds
/ FOR obtaining god can be sold only when
/ the reserve falls below $780, 900. and /
want here and noW TO express my firm
conviction ana bs4ief that ~ never will
Dee necessary under fhe bill 90 sell benis
Tor that purpose"
THE gree nhack under tho provisions OF
The pendng bill practically would be a
sV.u certificate, ana" he added - is so
now"
Mr. Allison SAIL tho; the hill dld not
provide FOR the exchange of silver NOES
Pow 4 T.rv
deem 81 necessary. The faith ~ The gov
eminent had been pledged 20 maintain
them ~ parry and that pledge had not
been broken. We would never disgrace and
degrade ourselves by allowing them 10 50
TO a discount
"Is the silver dol,al & dollar. or rs IL
a prom Sc TO pay a god dol.ar?' asked
Mr. Timan.
1T is a dollar" replied Air Alison.
THE senator ana agree about that"
But how viii q silver do ar be Kept az
J'ar with gold unless you redeem it III
rold:"
n How DO you know he sun viii shin,
4 tomorrow" replied SIR. Allison. "Oue o
4 the reasons is because .: shown yesterday
) We Will keep silver 50; par because ".
\ have kept it % for twenty-five years
q But ia addition we will strengthen che 80
q nation France AMI Germany kept grea
y mass og silver ia circulation. lat Il Is n"
z redeemSo'e N goa. The United states +
= the only country that rcGecms fractlona
y silver"
u This scheme OF finance then rests un
h der the continued supremacy OF the pow
x er? said Mr.. Tillman.
x 'Hot az all replied Mr.. Allison, II an
= speaking of silver certificates, not of ;h
q probability Of the election OF demo
4 cratic president"
B Mr.. Allen, OF Nebraska. interpos,d I
= say that MS objection 70 the bll was tina
y the whole powor 90 issue money woul
be turned over 60 the national banks
Y Mr.. Allison rcpiied that under tho bl
" every dollar ol our currency would an
4 must reUain in circulation"
Z Mr.. Allison. tu,rinr. fN ,hs .ernn5sn
features of .he ANf said II was a nro
q pl.ous !imc 10 rsGnern the bouds aurir
4 1903. 1907 ana 1909. rhe findin~ shout
= proceed praduauy order that tb,r
= might be no f,ictior -. IA. money mar
4 ke,. We could save s,l ooooo per anrur
Q by f1Dl.u. th. bands ,oU. we co,id no
y be- cba~sol win, fa-.r,,-,. v,,tio.,i bapl,
q whom ygc corDpelIef .hera 10 ,,.nosit tv
q por crut 1orl. f~sf.s4 .r three ar fou
Y per cent.
y IN rorc,usi,r Mr. tlnsoc ea.1. 'orber
y Is no coa,na'roent. nc rreyar.lcatiou lu IN
Hlbrl we Y,aintolr maj the u-nvis,on q
Y Ibu viii maintain tr cool tiru.s AMI
Ity1 tt,~.. ,.,,. t.....,....r 80 ..,t,,. ,o