The Atlanta constitution., 1900-01-15
Doesn't Agree with Secretary.

I'm his lectures on gold the secretary
claims that it possesses intrinsic value,
while in administering the treasury b."
r. cards tile volume of money in circuia-
tirn as of paramount Importance ana
deposits the surplus of ,he treasury IN
baf ks To keep o. IN use and prevent con-
traction. y is passing strange that bust
ness men shape their transactions in view
IL the probable supply OF money, but
when they discuss the money question
they fellow the example of thu secretary
and assert thar IN, quality OF the material
lseI as money Is the only question 80
importance without REGARD to tho volume
iu cir- glaiipu. Is ii not singular iEa'
peep cannot see The ahsurdity Of the
Intrinsic value theory while ln every
hind OF business, industrial a. wei .iS
speculative. they act on the quauiiaJiNe
theory oI money In their business they
have. iu view the supply of money. but
many of them ia their arguments follow
-he lcuchiuGS 81 the 0lcA tidulS aits lit'
Harrisuus aud maintain that all they
want is intrinsic value .u the money IN CIR
st.tafiUu. NJ matter whether the volume Is
large or small The passage pt TINS oil,
whatever may laVe been tile Intention OF
ir~ authors. Will bring this IIcstiuu
-.l.frr.Iv before the Americal people. II
this bin should becDma % ltw there Will
Ise M uCGAing the issue. lt mast Dc mci'
and trat issue viii bc between a govern
rn..ut bv a colossal ami imperial spurch-
4rltfgn Of capital. welding the sovereign
ROVER Of the United States 20 create,
contract and expand the volume OF
mui,y. and an honest measure 81 value
consisting Of the legal tender money OF
the United States
Want Financial Bill Disposed Of.
Mr.. Aldr.sh. in charge of The financial
bill. asked 10 have some arrangement
made Tega riding that measure.
At the request of Mr.. Adrich. the
financial measure was postponed until ,
o'clock Monday next.
The senate then agreed that when Il
adjourned It would be until Monday. The
discussion Of the census measure con-
ferTing additional authority upon the
director Of tie census was then begun.
Mr. Eettigrew offered an amendment
Greeting the director of the census Ia
collect statistics in regard To the dis,ri-
button of wealth. ia regard TO the extent
To v hich machinery has displaced manual
labor and in regard To private and corpor-
alton Indebtedness. The amendment was
4, feated.
AIR. Allen. Of Nebraska, proposed an
amendment providing Tor tho collection
Of statistics relating to trusts. ana that.
too. was defeated by viva voce vote.
Mr.. Allen demanded the yeas and navs
and w.Ited TO know OF Mr.. Carter If bo
pr r1posed to deny this information 10 tho
IshlAt- MI +aAAtHI AtNlslGE0 that Tho eff
fort TO prevent the gathering of inforna-
lion regarding trusts was a scheme "a
silctrlck him.
''TE,re is some hidden power il seems. i"
he said. in congress respecting this
matter.
a sharp and amUsing coIloquy tool,
place between Mr. Allen and MIR. Till
man. Of South Carolina. The latter rrit-
icIstj the amendment and Mr. Allen
charged that Mr.. Tillman had gone over
10 the side of tbe trusts. In emphaticallv
denying this. MIR. Tillman likened MIR
Allen 10 .. dog in a southern 'possum
hunt who TO lowed the trail TO a tree and
then reared upon it." The tree was cut
down and no 'possum was found. Tie
hunters went home in disgust, declaring
that the COgs had been chasing 4
'hant.' " tspecterD.
That" said Mr.. Tillman. rs what my
friend from Nebraska is doing" U.augh-
teri
Mr. Alien replied with some heat. de-
clarii Z that Mr.. Tillman would find diff
Guilty in explaining his position To the
People OF his state He said thera was "A
disposition among senator's To say: The
public b. damned and he had no idea
there any intention To gather infor-
nation regarding trusts.
The I'm was passed without further OBJ
lection.
The senate then. at $40 p. m. went into
executive session. and soon lfterw ards
adjourned unul Monday.