Missouri Valley times. [volume] (Missouri Valley, Iowa) 1874-1931, 1900-03-08
THE FINANCIAL BILL
PASSES the SENATE
Conference Mss!a#eeses Through
the Upper House With is
Majority.
STRONG OPPOSITION BY ALLEN
IS AZ. p. n
Nebraska Senator Vigorously Att
tacks the Bill, and Predicts All
Sorts of Disasters If it
Passes.

in the history of the seAAte was there
ever shown so little real interest in
the final vote on a great measure as
was manifested in the vote on the con-
ference report of the financial bill.
The report was before the senate for
nearly two weeks, yet only four
speeches We're delivered upon it, in
Guiding Senator Allrich's explanation
Of the changes made in the senate bill
by the conferses.
Yesterday discussion ceased OH the
bill fifteen minutes before the time
fixed for the vote, and the senate actu-
ally began the consideratiop. of minor
bills onlhe calendar to consume time.
The conference report was agreed to
by vote of "A to 26, the report thus
having majority of 1s.
Early in the session discussion of
the Quay case was resumed by Senator
Simon, who replieAto the speech made
yesterday by Senator Carter, of Mon
tana.
Senator Scott. of West Virginia, in
troduced a resolution authorizing the
president to govern the Philippine is
lands until congress shall otherwise
provide.
Senator Allen, of Nebraska, adj
dressed the senate on the financial bill.
He did not suppose it would be denied
that the adoption of the gold stand
ard was gross violation of5the repub-
lican policy as ennnciated in the re-
publican platform of 1896; nor would
II be denied, he thought, that the re-
publican party has made no honest ef-
fort to bring about bimetallism.
Senator Aldrich, chairman of the
finance committee, s;lid 81 will inter.
ject into the senator's remarks, with
his permission, a denial of every state
ment he has made and the probability
Us that at the conclusion of his speech
can enter the same denial
Later on, when Senator Allen de-
clared the bill required the payment
of all debts, public and private, in
gold coin, Senator Aldrich entered a
straight denial and did the same thing
when Senator Allen asserted that it
conferred unlimited power for the is
suance of bonds. Senator Allen re-
torted that the whole measure re-
tnced every contract to the gold,
standard. He especially attacked the
measure because of the favoEs which,
he said it extended to the national
banks. The pehtI'hgsbil would be
more far. reaching in it's blighting
consequences than any measure he
had ever known and it's, enactment
would be tt}srfBAe calamity to the
people, he said.
Senator 4Aldrich briefly replied to
Senator Allen, denying that, the meas-
ure extended to national banks any
additional privileges; briefly, there
was notsiheisleast danger of 1iflation
by the issuance of national bank cur
rency under the provisions of the
pendiag bill. The entire amount pos
sible to be issued by the banks would
be s6o9,ooo.Ooo. an increase of $780,
100000 over the presenf national bank
currency.
Senator Aldrich then asked Senator
Butler if he and his party Still favored
free coinage OF silse1Aat Rthe ratio of
l6 to /, and Senator Butler not an
swering directly, Senator Aldrich
charged the populst party had ahan-
loned free coinage of silver. g.,
Senator Butler protested against
ibis version of his remarks.
The time for takingfhe vote!on the
financial bill had been fixed at 4
o'clock, and it still lacked few min
1tes of that hour. AS no senator de-
sired to speak further on the meas
ire bill providing for the erection
Of a public buildingi.at Natchez, Miss,
was passed
AT 4 o'clock the pending conference
report was agreed to, IA to 26, as fol-
lows:
Yeas -Aldrich, Allison, Baker, Bard,
Beveridge, Burrows, Carter, Clark of
NIL a.
llins, Fairbanks, Foraker, Foster,
Frye, Gallinger. Gear, Hale, Hanna,
Hansbrough, Hawlet, Hoar, Lindsay,
Mcmillan, Mason, Nelson. ' Penrose,
Platt of CoAlfeetlttit, platt of New
York, Proctor, Quares, Ross, Scott,
.Shoup, Simon, T'hurston, WELLINGTON,
|.Wetmore--44.
Nays--Allen, Bacon, tBate, Butler.
Chandler, Chiffon, Clay, Cockrell,
Clark of Montana. Culherson, Harris
Heitfeld, Jones of Arkansas, Jones OF
Nevada, Kenney, McLaurin, M9rsalsE
Pettigrew, Pettus, 'Rawlins, Sulliyape
Talliaferro, Teller, Tillman, Turner
26. ,ks. ss'.1sis'
The senate then passed joint res,
clution authorizing the president of
the United States to'i1fsff&s the GOVERN
ment Of Great .BrMai1 taJoin in the
formation of an nterna tional commits.
sion TO examine and report upon the
diversion of the waters that are the
boundaries of the two countries.
The senate then patseaE the bill tc
ratify an agreement between the com.
mission of the five civilized tribes and
the Seminole tribe of Indians.
After brief executive session the
senate. at 5:15 d. m, adjourned.