The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-02-13
BELIEVES IN B|METALL|SM.
~oLCOTT's SPEECH ON THE PEND
ING FINANCIAL BILL.
rhfaks International Action Will
Vet he Taken-ButIer of North
Carolina Advocates the Popuiist
psnarea of Unlimited Greenback

WARRINGTON, Feb. f2.-More than
nsnal interest was manifested today In the
ssnate debate Of the financial bill II was
tnovn that the opening day OF the last
~eek OF the financial discussion was to be
rarked by the delivery of at least three
sneeches BY wolcott (Col.), Butler IN. c.
snd Elkins (W. Va.), and in addition to
large attendance OF senators, the pub
~ galleries were well filed.
Aliens resolution, introduced last Sat-
arday. expressing sympathy with the
Beers, went over without losing It's place.
EIktns Addresses the senate.
The financial bill was then called up
and Elkins addressed the senate. His
opening sentences were a reference to the
sn1ech delivered on Saturday by Chandler
"a saId that speech would be 'distrib-
MA by hundreds Of thousands, not by his
avn political associates. but by his po-
lItical enemies
Number of Bills Passed.
when EIkins had concluded, bills on the
ssenraI calendar were taken up and a
ssneral calendar, including the following:
inpropriating 100000 for the establish
nsnt OF lighthouses and fog signal sta
lions on the Alaskan coasts: appropri-
st,nr $4,000 to provide for the construc-
don OF an additional lightship for use on
The coast of California, Oregon, Wash
terrpine; appropriation OF 5000 for the
purchase or construction OF a launch for
Inc customs service at and in the vicin-
tiy OF Astoria, Or
A. q o'clock consideration OF the cur
rancy bill was resumed and Wolcott ad-
hsused the senate.
WoIcotfs speech.
Referring to the first section OF the
senate bill declaring the gold dollar
should continue to stand as the standard
unit OF value, Wolcott said:
.'Of course II will and 1t would so.con-
tnue n this section were eliminated from
The bill We might as well gravely pass
law providing that yard shall con-
tnue to be three feet In length. Its re-
Enactment changes In no single respect
s1isting laws. The section has been the
law since 1873 and is hardly worth discuss
ing now.
The senator continued: "The provision
requiring the payment of the principal
and interest of the new bonds In gold |
think a mistaken view as to our national
that the committee felt the exigencies OF
the money market regarded departure
from the terms heretofore used in govern
ment obligations.
Thinks More Money Needed.
at is estimated that within the next
few months AT least $500. 900 additional
Of national bank circulation will follow
the passage OF the bill. There Ia no de-
partment OF human Industry today in the
United States and IN the rest of the
cause of an insufficient volume OF money
end which would not be benefited by a
ksitimate enlargement OF the. currency.
Under our existing gold standard there
seems to be no other available method
Of giving us this greatly needed Increase
than the ono favored by this bill.
FAN legislation OF the character con-
lsmplated by this bill is to those who be-
Hive In the principles Of bimetalllsm un-
wise, because under the benercent work
INC Of the bimetaiic system II would be
unnecessarily. II IL but one more step to
b. eventually retrnced.
International Dime taIIism.
nut the enactment of this measure
into law without at the same time accom-
panylng II with a reafSirmance OF the po-
on q he party r les
parent abandonment OF the principles and
policy of the party and the amendment
reported BY the finance committee con,
that thla country. able TO hold Its own
smong the nations OF the earth with gold
a. iis standard, Is stili ready Ia meet and
treat with the other leading commercial
countries looking TO an International
agreement 70 open the mints of the world
10 silver as well az TO gold.
THE failure Of the Republican party to
stand up for the principles II has always
advocated Will bring II no additional
votes, The Chicago platform Offers no
gold monometallsts I'm the country OF
both political parties. They won't vote
for Bryan or Hrynnism under any cir
cnmsterces. AccentuatinR the contrast
IN the financial demands OF the two par
ties hy excluding all reference TO tntcrna-
licnal hmetaliism would only serve to
throw IN the shadow the uegations and
fopalist notions aud HETEROGENEOUS
patchwork % tho Democracy now In the
saddle which they call a platform.
HAD Politics "a Change.
'ous ~, Louis declaration Of faith and
Of principles elected Mr Mckinley and will
giamph0ntly re~clcct him, and must be
pafdoned for urging that II IL bad politics
- Vet as bad morals for us to change lhc
me q cattle IN the face OF once defeat
sBimctaliism assumes even greater int.
portance since cur acquisition OF the PHI
spptnes Here are i've millions of peup.e.
impose upon them gold standard and a
soa currency without dcstroying thcir
fahty 10 compete with the other countries
" The orient
Work OF ui- Communications.
Neleoti summarized the work ef the in-
Nss chairman aud Paid tribute 20 the
cordial cooperation of tho prcsldri, with
w cemmisslcr lie then said
change Tor the Het,er.
al rejelse % say that there Is q radical
si e a s sfN'Ns pace ss 40, only N Colorado:
feNflr are tired ~ hearing only gospel
nals apd scctlonalism We don't pay
- HAlh attention Ns we formerly aid TO
se prophets % despair and 1con who are
efshAhN warning us against wrath to
.se'e. which somehow don't come we are
salhF shadow 81 an idea that IL
Naht friendship and prosperous com
aaili;ies and Genital fur our marvellous re-
$3.50 We are as npt 10 get them BY
|sAtAiBinE cordial relations with the res,
IhR cvlHtfy. even II they do not fully
tfe VIII us un tbe silver Que,Utou az
sfs by bitter words and sNVare hate
sASN erefyao who happens to digyer
49, US aud thHf perhaps the cause of
.MstatAsn ta u0i really furthercd hy an
saanee MIN people who want 70 tear IN
.ssSAaS and tear down the supreme court
a4 NAasH principal mission seems 20 pcr-
s e mankind that they are on their way
tnv lNorhouse. tAfe l. not an cheer
NsA% ans content boz some Of IL IT, aud
~ going Ga take ours without waiting
NJ Bryan f'r he may not arrive The
- ssecter of tho crime OF 1879 no long
y. vaes aArnaa in Colorado and keeps ne
Nske az ntghts ~ has zone NNor me
avs We aye coming cut from the