The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-02-02
Client, He reviewed the reply OF Secretary

ilcient He reviewed the reply OF Secretary
Gage TO his resolution. He read the now
famous letter addressed to Secretary Gage
by A. r. Hepburn. vice president OF the
National City bank, in which reference
was made TO the bank directors part In
the campaign of 1886
Allen admitted that no reply was made
to the letter but he stated that its object
was attained was evidenced by the fact
tionai City bank had on deposit less than
10000 of government money. while less
than month later the government deposit
in that bank was about s2f.ocool0.
Referring TO further correspondence be-
tween Secretary Gage and Mr.. T1ilman. Al
len charged the latter with inviting the
treasury department to give the country
the impression that there was more money
in the banks OF New York than there
really was. This ought in his opinion, TO
have called forth a sharp rehuke from the
secretary. but the correspondence showed
none.
Comment on Philippine Transaction.
Sarcastic comment was made by Allen on
that part of the correspondence which re-
lated to the transaction OF the govern
ments business I'm the Philippines through
the City National bank
lie was interrupted BY Carter. who said
that about that time he had been informed
by the paymaster general OF the army that
he was wholly without banking facilities
for the payment of our troops In the Phil
ippines except through London.
Pertinent Question:. Asked.
II would like TO ask the senator" in
quired Carter. IF he thinks there is any
thing Objectionable In an effort made by
the government 60 try 70 pay United
States soldiers in the Philippines In Amer
lean money through an American bank.
thus escaping the ruinous discounts which
we have 70 pay Lend London banks All - ,
have his speech interrupted. Such aues-
tons caused departure that he did not
like
lpnorarIt A.. ,o,t a aa,.a rt,,ra 4r,s,x, 49,.
truth, but simply departure from your
speech.
The senator from Nebraska" intcrject-
ed Aldrtch, lis now showing that an
American bank was trying to get the bust
ness done by London banks, and that the
treasury was trying to give it,
Allen declared that from all this CORE
spondence IL was "a logical deduction that
the transactions were conducted for poit-
ica purposes
''rhat Is" suggested Carter. ut IS a log
braska." u.aughter.)
"You may undertake to bully this sub
Jeet down." said Allen, with some heat.
but you can't do II. You cannot laugh
II down. as you win not be able 10 per-
suade the American people that there was
not undue Intimacy between the treasury
knowledge OF this fact hurts too"
Daniel Talks Finance.
Without having concluded his remarks,
Allen yielded the floor 10 Daniel who dis
cursed the pending financial bill
lie recognized. he said. the prosperity
that the Industries OF the country were
now enjoying, and expressed the hope
that II might continue and increase but
he declared the passage oe the pending bia
would be no factor In Il. lie believed It's
passage would be a serious menace 10 the
country. He declared that the pending
bill practically excluded silver circulation
and struck q fatal blow at It,
After "a brief speech against the bill by
stewart. bills were passed to reimburse
the state OF Wyoming for money cxpend-
ed In protecting the ilowstone National
park and 10 enlarge the powers OF the
Ch0etaw. Oklahoma n Gulf railroad.
After brief executive session the SEN
ate. az sA5 p. m. adjourned.