Weekly independent. [volume] (Elko, Nev.) 1887-1914, 1902-06-06
HOSPITALITY or REPUBLICANS.
How That Party Would Defeat the
Friends OF silver.

action Of the House OF Representatives
in passing tho Hill bill with only Two
hours general debate emphasizes
hostility Of Republican party to silver
and it's ~insiDcerity in dealing with the
money question. Not caring to make
me silver dollar specifically ..redecinRbls
IN gold that provision OF the original
bin was taken nut
Tho bill provides for coinage ~
ulliou nov in the treasury into sub.
sidary pieces instead of dollars. and
then rs public necessities may demand
silver collars the Secretary Of the Treas
AIRY to determine when such necessity
exists and the nature OF the necessity.
Thus the extent tai which the volume OF
81 andard dollars may be reduced Is to
depend entirely upon the judgment of
the Secretary OF Treasury.
Then by the practice OF the Treasury
Department all OF this fractional coin
will be rcdeemable in gold.
The pet hobby Of MIR. Hill, who is
pressing the bill, is total elimination Of
silver dollar. end this is merel, a ste
intended to secure the desired end. A
Secretary regarding the silver dollars as
Il menance to our finance system would
aim Ia get rid Of then ia rapidly as
possible by converting them into small
er coin, il these latter became super
abundant; the next step would be to
melt them and sell them as bullion.
The speeches in favor OF the bill. all
made 10y Republicans. h-rathed q spir.
it OF intense hostility 70 liver and the
Ncwlands amendment was niTcr- Il. 1t
was to the Republicans like Il resi- flag in
the face Of II bull. Mr.. Grow offered an
amendment providing that the subsidiary
coins should be half dollars, quarters.
ten aud tive-cent pieces and that they
should be of the sgnIo proportionatc
weight as tho dollar. NJ Republican
opposition WIS manifested to thus but
when MIR. New!anfs proposed an amend.
ment To the amendment making such
coma full legal tender IT was ut once
met by Il point OF order that it IVES not
G"rmane. Mr.. Hill attacked It, while
MIR. Newlands, SlafrOtlI Hnd others on
the Democratic side defended it.
The fight wa II sharp and pretty one.
but it was made 20 clear that the amend
ment was germane that il WIS impossible
for the Chairman OF The Committee OF
the Whole TO rule il out. then anil
derisive shouts on the Demodratic side
nt the "too late" Mr.. Grow attempted
IN withdraw his amendment in order to
cut out the Newlands amendment. or
course he wns too late and the chair
Was obliged to so bold.
When the vote WIS taken "u the New.
lands amendment the division WA on
straight party lines, every Republican
voting against it, thus placing the party
ON record in favor OF Il measure which
II it becomes u law, will destroy the
market for silver in this country for
subsidiary coinage IA long IA there is II
silver dollar in the Treasury, and
gradually reduce six hundred millions
OF legal tender now existing Ia the
grade OF token moury.
Having Il debt paying function only
in sums OF not more than live dollars in
one payment.
As "a Int effort Mr.. Sihiroth moved TO
recommit the bill To tho committees with
instructions to report Il bill simply Tor
tho coinage Of tho bullion now III the
Treasury : into subsidiary coin. this
wonld provide for more than eighty mil.
lion dollars of additional coin Of small.
err denominations but It left the stand.
ard dollar unaifccdr,i and every Repuh.
licaG. except Sutherland of Utah, and
Mondcll Of Wyoming. voted against the
motion.
A rather ~curiOns incident connected
with the final action Of che lIonHs was
the circumstance that Senator Stewart
sat upon the floor and SAN his Rspub.
lican friendH vote ~ u unit in favor OF
closing the debate in ten minutes upon
u bill which il intended rs tho il Initial
move Tor the utter destruction ~ the
silver dollars now coined.
III. T.. BAKTESE.