Nebraska Newspapers

    THE OMAHA DAILY BEE : SAOltTKDAY , DISOimiJER 28 , 1805 , r
FIGHT OVER THE BOND BILL
Started Over the Report of the Oominitlco
on Rules.
HOUSE WILL DEBATE UNTIL THIS EVENING
Jill IP Limiting the Dehnlc Adopted by
n ( Jood 'Majority , I'nrty I.lncn Not
llelliK So Closely limit n
nn Thnrxilny.
WASHINGTON , Dec. 27. The house toDay -
Day entered upon the consideration ot the
liond bill. The bill aroued the united op
position of the democrats and populists , the
sold democrats being arrayed against It bi-
cauB ! they claimed It did not give the sec
retary the authority to lusuo gold bonds
with which ho desired to replenish the re-
\ , and the silver democrats on the
/
ground of their general opposition to bond
iiutcx The latter contended that the raids
on the treasury could be stopped If the sec
retary would use his discretion to redeem
note * In silver when the reserve was threat
ened. In the republican ranks also there
developed Mich bitter opposition to the bill
as originally drawn and to the proposition to
forcu the bill to a vote today that the re
publican members of ths commltteo on ways
and means Incorporated In It an amendment
specifically declaring that nothing in the
act 'iould be construed as a modification or
repeal of the act of 187 $ for the reissue of
the gresnbacks when redeemed , and the
commltteo oil rules extended the limit of
debate until tomorrow at 3 o'clock , but de
clined to give member ! * ot the house op
portunity to offer amendments. The feature
of the day was n itrong speech from Mr.
Johnson , republican of California , appealing
to his republican colleagues to vole against
the bill. Ho scored the republican leaders
for bringing In tbe bill. Ho said he bid voted
for the revenue measure yesterday under
protest , but he refund to follow them on
the present bill. Political expediency , which
Involved a surrender of principle , he de
clared would never succeed. The debate
ran far Into the night. The principal
speeches were made by Messrs. Dlngley ,
Maine , and Grosvcnor , Ohio , republicans ,
and Messrs. Turner , Georgia , and Patterson ,
Tennessee , democrats.
As won ail the journal had been approved
iMr. Dluglcy , chairman of the ways and means
committee , reported the bond bill as amended
by the ways and means committee today
and It was referred to tlio commltteo of the
whole on the state of the union.
Mr. Daniel , republican of New York ,
chairman ot the first committee on elections ,
as a privileged matter made a unanimous
report In favor of seating Hugh H. Bclknap
In place of Lawrence 13. McGann from the
Third Illinois district. Mr. McGann had de
cided that he was not entitled to the seat
nnd there was therefore no contest over the
iratter. The report was adopted and Mr.
Belknap was sworn In.
Mr. Henderson , republican of Iowa , from
the commltteo on rules , then presented the
rule for the consideration of the bond bill.
It provided for debate until 10 o'clock to
night , with a recces from C until 8 o'clock ,
and Hi continuance tomorrow until 3 o'clock ,
when a vote should be taken without Inter
vening motion or amendment separately.
Mr. Crisp , democrat of Georgia , opposed
mf the adoption of the rule. Yesterday he said
A a general tariff bill , the exact effect of
which on particular Industries and on reve
nues no ono knew , had been rushed through
the house. Today It had been proposed to
rush through a bond bill In the same sum
mary manner , but the murmurlngs of dis
content on the other aide bad forced the
autocrat ot the house and so-called leaders to
yield a little more time. He admonished
the other side that It was only by resistance
that they could obtain their rights.
ABUSE OF DEBATE.
Mr. Bailey , democrat of Texas , agreed In a
general way to the proposition that there
liad bejn a great abuse ot the , privilege of
debate on public questions and that the great
desideratum was a vote , but ho said , while
useless debate should bo abjured , full and
tree debate was essential. Yesterday with
four hours debate a bill which would bur
den the people with $40,000,000. of additional
taxes was passed. Today the performance
wan to be repeated , but this time posterity
was to be saddled with an Interest-bearing
debt of which no ono knew how many mil
lion ! ) . The country , he said , woudl no more <
tolcrato 'precipitate haste than it would unI I
Uuo delay. I
mr. nicaiiiiaii , ucmocrai ui iciinesBcc ,
UEkcd why the republlcin leaders proposed
to cut tlnlr associates off without opportunity
to offer amendments ? Were those In au
thority afraid of their associates ? Would
they not bo trusted to do anything but vote ?
When the twenty minutes allowed the
democratic side had ben consumed , Mr.
Henderson , who was In charge of the rule ,
Without making any reply to the criticisms
from the other side , demanded a vote on the
adoption of tlio rule , which was taken by
yeas and nays.
The rule was adopted , 195 101. It was
not a strict party vote. The populists voted
With the democrats against Its adoption.
The following republicans voted against the
adoption of the housa rule : Baker , New
Hampshire ; Connelly , Illinois ; Dayton , West
Virginia ; Hullng , West Virginia ; Klrkpat-
rlck , Kansas ; Llnnoy , North Carolina ; Mc-
Cormlck , New York ; Shafroth , Colorado ;
Pear.on , North Carolina ; Mondell , Wyoming ,
and Mllr ! , Kansas.
DBBATC ON THE DILL.
The bend bill was then laid before the
house and Mr. Dlngly opened the debate In
favor of Ha adoption. He explained the bill ,
Baying that as a plain business proposition
the secretary should have- the power to float
8 per cut bonds. The bill also provided that
these bonds should first bo offered to th ;
pecplo cf the United States and Mr. Dlngley
cxpr&ssod no doubt that the people from the
Atlantic to the Pacific would respond and
oversubscribe any Issue advertised for. Mr.
Dlnglcy stated that the amendment specific
ally rtaied that nothing In this act should be
construed to repeal or modify tbo act of 187S
for the relsiuo of redeemed greenbacks.
"What will become of UIP greenbacks ro-
r\ .
tteomed by the sale of bonds under .the act ? "
oskcJ Mr. Marsh , republican of Illinois.
"Thoy will b > used , " replleJ Mr. Dlngley ,
' 'as they were used up to 1S93 , In discharging
our Intirest bearing obligation ! . But In oiso
of a run on the treasury they could bo held
in the treasury .temporarily for Ita protection.
When the exlgincy passed , however , they
would under this act bo paid out or applied
to the public debt. "
Mr. Dlngley declared tnn the propositions
contained In the bill wore single , and should
not bo clouded With a discussion of theEll -
DAN uo i\ YOU ii I > OCKIT
It's the Kombt-a $150 camera that you
can put In your vest pocket It's less than
two Inches square and Is one of the neat
est and most useful novelties over produced.
It always works and needs no experience
whatever on the part of the operator. You
hold It , Kombl does the rest. It takes 25
perfect pictures without reloading oxy-
dlrcd , ullvcr finish and every Instrument
fjuarantccd , regular prlco $3 60 ours $3.00
Columbia Metal Polish , Mall orders tilled ,
Cross Gun Co. ,
Good * . 1ICS. 15th St
vi > r or other collateral question * . Mr. Ding-
ley , In answer to many question' , claimed
a 3 per c nt bond would be taken by the
pfoplo much more quickly than a 4 per cent
bend on a 3 per otnl bails. Ho said the
people as a rule were not disposed to pay
premiums ,
DEMOCRATS DISCLAIM IlKSPONSiniLlTY.
Mr. Tun er of Georgia opened for th
n > ! rorlty. He contended that the fault did
not He In any deficiency In the revenues ,
but In the existence ot evils In our financial
system , for which th democratic party wa
In no wise responsible The fundamental
evil was the existence In our currency sys
tem of the enormous mara of uncovered paper
money , which the supreme , court had held to
be valid.
He charged the republicans with shifting
tht-lr position on the currency question , as
they had yesterday on the tariff question ,
lie pointed out how the republicans In th1
past had demonetized silver and had passed
an act for the resumption ot specie pay
ments which nonUinplatcJ the total retire
ment of the gr enbacks. Now , In the face
of the presidential election , they sought to
curry favor with the silver fontlincnt , and
they dared not tellro tlit- greenbacks , to
which they bad once b'cn committed. This
bill would prove Inadequate. Gentlemen on
the other side spoke ot what they wcri- doing
to aid the administration. Yet , with nil
their ostentatious magnanimity , they refused
the democratic side , which was supposed
to bo to nome extent In harmony with th ?
executive , the poor privilege of offering
a romidy which the administration believed
would bo effective. Our paper money should
bo retired.-
Mr. Turner was very earnest In his protest
against temporizing with the rltuatlcn. It
would only prolong and Intensify the diffi
culty. Any settlement on the basts of
sound money would procure the most benefi
cent effect hfro and uphold our securities
abroad. Mr. Tumor affirmed most positively
that In the existing state of the market 3
per cent coin bonds could not bo floated. In
conclusion ho said hf had once believed that
the secretary of the treasury , by exercising
th ? option ot rolcmptlon in silver , could
repel raids on the treasury , but ho now
believed such a course would precipitate a
crisis , a panic , a convulsion such as wo
had never hail , that would shake public and
private credit to Its foundations.
HOLDING UP APPROPRIATIONS.
Mr. Grosvenor ot Ohio said that
the advisability of the passage of the bill
must bo considered In the light ot the events
which called It Into existence. Under ordi
nary circumstances he would not favor either
section ot the bill. The democrats were unable -
able to suggest relief for the treasury. The
president had proposed a gold bond , but in
the last congrwss could not muster half of the
democratic vote to stand by htm. The secre
tary of the treasury was figuring how not to
meet the appropriations of DIP lout congress.
A bureau officer , a pestiferous growth , had
dared to set aside the $5,000,000 appropri
ation for the relief of sugar growers. Debs
and his followers , to suppress whom the mili
tary was called out , had not more flagrantly
violated the law than had the secretary of
igrlculturo's petty bureau officer In refusing
( o carry out the appropriations of congress
ifter ho had been rebuked by congress. Yet
democrats said there was no lack ot money
In the treasury. Ho questioned the authority
ot the president to make the bond Issues of
the past year nnd attacked the arrangement
with the Morgan syndicate. But ho said he
wai willing to vote for this bill to save the
administration from bankruptcy and disgrace ,
because behind that administration stood his
country.
Mr. Patterson , democrat of Tennessee , at
tributed the financial disaster that had over
whelmed the country to the want of confi
dence in a currency system which carried
$500,000,000 ot silver and $316,000,000 of
greenbacks on the basis ot a gold reserve of
$100,000,000. A single declaration ot congress
that It Intended to sustain Inviolate the gold
standard of value would do more than any
thing else to restore confidence. He ridiculed
the Idea of passing a bill for an authorization
of coin bonds at such a time.
Mr. Swanson , democrat of Virginia , criti
cised the method by which the tariff bill ot
yesterday was passed , and by which It was
proposed to pass the pending bond bill , with
out opportunity of amendment.
Mr. Lacey , republican of Iowa , spoke In
favor of the bill. He expressed confidence
that 3' per cent coin1'bondscould be floated
among the people of the country , and de
nounced the "disgraceful contract with the
Morgan syndicate last year. " In view of the
rumors that were abroad regarding the Im
minence of another bond Issue , it was Im
portant that the pending measure should pass
at once.
Mr. Johnson , republican of California , was
the first republican to oppose the bill. His
first sentence created a mild sensation.
CREATED A SENSATION.
"As a republican , " he began , "I want to
give some reasons why all my colleagues
oppose tills most iniquitous measure.
I believe In the undying hostility of the re
publican party to an Isauo cf bonds In tlmo
of peace , and I do not propose that wo shall
give the lie to everything w ? said before
election , and I for ono can never condone
what I regard as an error both of heart and
head and crlmo agalnct the country the
bond transaction ot last year. Yesterday , "
he proceeded Impetuously , "against my will
and against my judgment and protest , I
voted for a revenue tariff bill. I believe that
the verdict of 1894 was for the passage of
a protective tariff act ; and wo should restore
the McKlnley bill and Bill McKlnley. "
After ionic further remarks by Mr. John
son , republican of North Dakota , In favor
of the bill and Mr. Wheeler , democrat of
Alabama , against It , the house , at 5 o'clock
took a recess until 8 o'clock.
HARD WORDS FOR WALL STREET.
Mr. Wheuler. democrat of Alabama , who
had the floor when the recess was taken , re
sumed the thread of his argument against
the gold standard , and Mr. Terry , democrat
of Arkansas , and Mr. Underwood , democrat
of Alabama , followed with a similar argu
ment. Mr. Wellington , republican of Mary
land , spolce In favor of the bill. Mr. Wilson ,
republican of Idaho , gave his reasons for re
fusing to act with his republican associates.
The strongest and best reason was that Us
sponsor was President Cleveland. It was not
a republican measure. No plank In a repub
lican platform , state or national , could be
cited In support of It. The demand for It
came from the stock jobbers of Wall street ,
whom the title of "gambler" would dlgnUy ,
Mr. Daniels , republican of New York , advo
cated the bill. Mr. Bowers , republican of
California , like his colleague , Mr. Johnson ,
opposed the measure. It was based , he said ,
on the demand of the stock gamblers of Wall
street. It was , stripped of all verbiage , a
plain proposition to Issue bonds , destroy the
greenbacks and contract the currency $340-
000.000. The bill ought to be entitled , "A
bill to retire republican senators and repre
sentatives In congress. "
Mr. Adams , republican of P.'nnsylvanla , de
nied that the demand for the passage of
this bill came1 from stock speculators. It
came , ho maintained , from the solid , con-
r
PEN PICTURES PLEASANTLY AND POINTEDLY PUT.
NIW vnAll's OAIIDS o r SAID
Of course , when you como to think of It ,
oura la just the place to get New Year
tokens It's sure to be artistic and there's
sure to be a superabundance oj styles and
numbers , euch as you cannot expect to find
elsewhere handsomely designed , beautiful
ly printed prettily versed They are priced
at all sorts of decent figures prices that
you'll say are not half the value of the
card.
A. Hospe , jr ,
Music and Arr. 1613 Douglas St
mvAtlvo business Interests of the country.
Mr , Cllbnon , republican of Tcnnefti c , sup
ported the hill. Ho defied the ItothechlMs
and th ? syndicates of I'uropo and America ,
Ho was not voting for the bill to please
them , but to sustain the credit of the coun
try.Mr.
Mr. D'Armond , democrat of Missouri , In
opposing the bill , said that McKlnlcylsm
was a misnomer. From what ho had heard
of the construction of the McKlnley bill , it
should have been nimtd after the man
whoso genius had controlled the destinies
of the Fifty-first congr ss , and would shape
those of the Fifty-fourth. The purpose of
this bill nas to Issue bonds to contract the
currency at the will of the secretary of
the treasury , to lower the price of wheat
nnd raise that of bonds , to reduce thn wages
of those who toll and Increase the Incomes
of the jobbers In monty. "Shall we one
day , " he concluded , "flaunt d fiance In the
face of England and the next day bow
submission to the financial policy of the
mlstrcM of the seas ? This Is a bill to
pirpetuato the gold standard. "
BECAME SOMEWHAT PERSONAL.
"Did you entertain your silver views be
fore the last election ? " asked Mr. Dovencr ,
republican of West Virginia.
"I did. "
"You were elected by 2,000 In 1892. What
was your majority In 1S9J ? "
"Exactly ninety-two , " replied Mr. DoAr-
inond , sharply , "and a gentleman who has
no more Idea of the propriety of debate than
to Interrupt a gentleman with a ruggestlon
no weightier than yours ; certainly got here
by too many , If his majority was only one
vote. " ( Uproarious democratic applause. )
Mr. Northway , republican of Ohio , asked
why the democrats who were now opposing
the bond Issues had not repealed the au
thority to Issue bonds In the last congress.
They were then In power and eat supinely
by while their president Usmed $162,000,000
of bonds.
Mr. Tarsnoy , democrat of Missouri , charged
the republicans with shirking their respon
sibility. The root of the evil was the green
back and the existence of the greenback In
our currency tystem would not be affected
by this bill. Personally , ho had no horror
of a bond. Whether In war or In peace ho
stood hero to do his duty. He would vote
for bonds whenever the credit , welfare and
honor of the country demanded It.
Mr. Helidsrson , republican of Iowa , offered
five reason ? for his support of the bill. First ,
that the bill did not require a bond Issue ;
second , that If bonds were Issued the rate of
Interest would be reduced ; third , the bonds
would be distributed among our own people
and not b ? left In the hands of foreign
holders ; fourth , It did not retire the green
backs , but empowered the secretary of the
treasury to keep them out of the possession
of speculators when necessary ; and fifth , it
prevented the administration from selling
bonds to meet current deficiencies.
Mr. Shafroth , republican of Colorado , con
cluded the debate with- brief speech against
the bill , after which , at 10 p. in. , ths house
adjourned until tomorrow.
IIO.VD ISSUE IS EXPECTED SOO\ .
Oenernl Opinion tlint the * President
\ VII1ot Wnlt for Uie Ilonil III1I.
WASHINGTON , Dsc. 27. The treasury
lost gold today to the amount of $2,410,000 ,
which leaves the truei amount of the reserve
$ G3SG8.320. The recent withdrawals , with
the Indications pointing to their indefinite
continuance , It la thought can lead to no
other result than another Issueof bonds , and
that In the near future. The administration
is strongly opposed to the bond bill now
pending In the house and In view of this
fact the opinion prevails In official circles
that the president will not wait much longer
before Issuing bonds. Indeed , It is believed
that the president would much prefer to pro
ceed to another issue of bonds under the
authority he already has , and under which
the last three Issues were made , than to act
under the pending bill or any modifications of
It which are likely to be made. This being
the case , it Is argued that the president
will not wait for any action by ths senate ,
but , in casa the situation shows no signs of
permanent improvement , will announce an
other Issue nM. later than the coming week.
Under the provisions of the resumption
act , It is argued the , president is not pre
vented , as he is In the- pending measure ,
from dealing with a syndicate which can be
obligated to procure a certain proportion of
the gold from abroad and what Is regarded
as of even more importance , can be pledged
not to take any part of the gold from the
government supply and to protect the re
serve , all of which obligations were con
tained In the contract with theBclmoat -
Morgan syndicate. The president and Secre
tary Carlisle have strong views on these
points.
TOXED THE HESoZlJTIO.V DOWN.
Honnc Committee AinenilH tin * Iliiynril
Ililllflleliiuellt Uenollitloil.
WASHINGTON , Dec. 27. The house com
mittee on foreign affairs today hold a meetIng -
Ing and considered the Barret and McCall
resolutions relative to the speeches of Am
bassador Bayard. The committee decided to
report the McCall resolution In a modified
form. As agreed on It calls upon the presi
dent for Information as to the alleged ut
terances of Mr. Bayard and the' correspond
ence on the subject. The resolution has
been very much toned down and made
mild In comparison to what It was when
Introduced. It was thought that In view
of present circumstances It would be > much
better to make the resolution simply one
of Inquiry.
The Cuban revolution wag brought before
the committee through one of the resolu
tions for the recognition of the Insurgents ,
Introduced by Mr. Blngham of Pennsylvania.
It was the unanimous opinion of the com
mltteo that congreso Miould not take action4
until further Information was In Its pos
session ; so a resolution calling upon the
State department for correspondence and In
formation on the uprising was drafted.
The case of ex-Consul Waller was brought
up and the resolution of Mr. Miller of Kan
sas asking the State department for the
records of the trial and all correspondence
with the French government will be re
ported to the house.
Aiitliorlxliiur a Iloimdiiry Conference.
WASHINGTON , Dec. 27. nepresentatlvo
Barrett of Mastachusitts Introduced In .the
house today a joint resolution authorizing
tin president to arrange a conference be
tween the United States and nations posses
sing territory on the American contintnt for
the settlement of boundary disputes. The
president is to Invite each nation to join
the United States In a conference to be
held In Washington In 1898 , to agree , It
possible , upon all boundaries In dispute be
tween such nations.
IVnnic- the New Slilii Kentucky.
WASHINGTON , Dec. 27. The twin sister
of the new battleship Kearsargo has been
named by Secretary Herbert after th state
of Kentucky.
I1OOTS FOH BIA1L OAItHIKHS
Fe'.t lined and eheep lined the Esquimaux
a genuine winter boot that's easy to wear
and keeps the feet warm And J3DO Is not
erough to pay for a pair Then there are
felt lined shoes , In either congress or lace ,
at 1200 up to $3.59 , that are much sought
after by men who are compelled to walk
In all kinds of weather. We are head
quarters on this kind of goods having
every kind of a shoe or boot a man wants.
Drexel Shoe Co. ,
? ? .BtaoS ° or. < SCB r 1419 Fartiam.
TELLER TALlffi'l ' ) . VERY PLAIN
Senator Hill ItoscntiTfecfaio of His Remarks
as Being "Personal ,
BOND RESOLUTION CAUSED THE TROUBLE
11. >
( limy nnil HurroTi Annoiinee Amend
ment * to the Tariff Hill When
It Come * Ovt'r ' from the/
Ilonln.- . '
J I
WASHINGTON , Dec. 27. The senate was
enlivened today by a spirited and somewhat
personal debate Inlilcli Mr. Hill ot New
York and Mr. Teller of Colorado were the
principal figures. The Now York senator
precipitated consideration of the bond ques
tion by offering a resolution directing that
future bond Issues to renew the gold reserve
should bear a provision thai Ihey would be
payable in gold or silver at the opllon of the
holder. In support ot this Mr. Hill read a
speech setting forth the difficulties ot negotl-
ating bonds under the uncertainties ot the
present law.
Mr. Teller's reply to Mr. Hill was cutting ,
sarcastic and personal. He repudiated nnd
protested against the efforts of the president
and all his "tide waiters" to defame the
credit ot the United States. He spoke ot the
recent visit to Washington of a creat New-
York banker as ono of those who had par
ticipated In the "dishonorable or Imbecile"
bond transaction ot last year. The galleries
were crowded during the debate nnd the sen
ators as well as spfctators enjoyed the
caustic till.
Mr. Allen , populist of Nebraska , added his
prolcst to thai of Mr. Toiler ngalnsl Ihe
defamation ot our natfonal credit.
No final action on the Hill resolution was
taken. Two tariff amendments made their
appearance , one by Mr. Burrows nnd another
by Mr. Quay. A re-solution was agreed to
accepting the ram Katahdln , which recenlly
failed fo meet Ihe speed requirements. Also
a resolution for the formal transfer of the
Utah administration from tha territorial to
the new state authorities.
Senators Burrows and Quay loday gave
nolle ? of amendments which they propose
to offer to the house tariff bill when U
shall reach the senate for consideration.
Senator Quay's amendmenl provides for an
Increase of the duty on wrapper tobacco ,
making the duly on stemmed tobacco im
ported In bulk $2 ptr pound , and on stenimol
tobacco $2.50 per pound. Senator Burrows'
amendment provides for a duty equal lo
GO per cent of the McKlnley law duties on
a largo number ot articles of schedule A ,
concerning chemicals , oils and points ; on
manufacture * ! burr stone nnd grlndslonts ; on
iron ores , cotlon ties and copper and manu
factures of ; on a largo number of agrl-
cullural products , including fresh milk , yolk ?
of eggs , plants , fresh fish and sail ; on lemon
ade , soda walcr and olhcr similar waters ;
on flax , hemp , straw .ftnd binding twine and
on feathers , paintings , statuary , hatters'
plush , coff'e and hides. "
Mr. Sherman , republican of 'Ohio , sug
gested that It was ( contrary to precedents
for a revenue bill to originate In the senate.
It could be considered only as an amendment ,
not as a bill. ir f >
Mr. Burroughs afcoidlngly ; offered the
measure as an amendment and It was re
ferred to the finance' committee.
Mr. Hale. republlcantiDf Maine , offered a
resolution directing thasacrelary of the navy
lo accepl Ihe ram Katahdln aim place her on
Ihe naval rolls. ' ' ' *
Mr. Peltlgrow , republican of South Dakota ,
urged that this proposition tended toward a
bad precedent. Thess"shlpa were given
every advantage en 'speed ' trials , and if they
failed to como up to rcquiremcnts It was but
Just- they should be rejected. After soms
dlscusilon 'as ; to thenierlts of warships Mr.
Petllgrew Withdrew ! the tobjection , but Mr.
Allen , populist of Nebraska , renewed It ,
whereupon the msasuro went over. Later
In the day the objection wad withdrawn and
the resolution adopted.
Mr. Quay , republican" Pennsylvania , ex
plained briefly a bill he would Introduce In
creasing the duty on leaf tobacco.
The bill making Palm Beach , Pla. , a sub-
port of entry and delivery was passed.
The falallty at Chicago , when something
more than a year ago an army ammuni
tion wagon exploded in Iho slreet , was re
called by a bill offered by Mr. Cullom of
Illinois , compensating the families of those
unit.fi
The bond question made Its appearance
when Mr. Hill of New York Introduced the
following resolution ;
Kesolved , That any bonds hereafter is
sued under the laws now in force may In
the discretion of the secretary of the treas
ury be made payable In United States gold
coin of the present standard welpht and
fineness or In standard silver dollars , nt
the option of tha holder of such bonds , but
no bond containing such option shall bear
a rate of Interest exceeding 3 per cent per
annum payable quarterly.
Mr. Hill spoke at some'length in favor ) of
his resolution. Ho detailed the serious con
dition of the treasury , which could only be
relieved by another bond issue. The secre
tary of the treasury was hampered under
the present law and should be given the op
tion of Issuing gold or sliver bonds. An
amendment to the present law ho believed
Imperative. Mr. Hill considered a popular
bond Issue under the present statute impos
sible , but his resolution would take away
this obstacle. No tariff law , ho Bald , would
remedy the trouble.
The .executive authorities , ho claimed , had
clearly shown that the tremendous expansion
of our paper circulation was the cause of
our critical condition. His resolution was
a temporary remedy.
Mr. Teller , republican of Colorado , pro
tested agatnot the assertion , first made by
the president of the United States and now
repeated in the senate , that the United
States was bankrupt. Ho" protested against
the repeated assertion that United States
bonds could not be sold at a low rate of In
terest. He specified the sales of bonds last
year to show that coin bonds were readily
sold.
sold."In
"In that transaction , which was an ever
lasting disgrace , showing the dishonesty or
Imbecility of this administration , our bonds
were eagerly sought , " Bald Mr. Teller.
There was a sharp colloquy between Mr.
Hill and Mr. Teller an to the purposeof the
resolution. Mr. Hill raid It simply sought to
specify paymenU In gold as good financiers
doubted our ability to float bonds at less than
4 per cent.
"Who doubts It ? " asked Mr. Teller , pas
sionately. "Wo are- told that a great banker
from New York has recently been Invited to
Washington to tcU ilj ; ' how to get out of this
And to turn them Intd ready money we've
made four Interesting prices , 15e 19c 28c
33V4o blacks and tana absolutely fast
Hermfdorff dye double heels and toe seam
less The 83V&0 kind 3 pair for $1 uro our
regular Ma BOX The 2So sox will go for
tl.GO fpr a half dozen pairs they're worth
33c a pair tha 19o kind are 93o a half dozen
and are the regular 25c pair sox 75o Is the
price far a half dozen of the 15o BOX
Every pair of these Ijoso Is fully warranted
and these prices are made for th6 next two
days to reduce our Burplua and add to our
exchequer. The Bale la for cash.
Albert Calm ,
Men's Furnisher , 1322 Foruom.
dilemma , This U only nnc ot the bankers con
cerned In the disgraceful * cU of the l it
year. la he th * ona * ho doubts our ability
to float bonds at lest than 4 per cent ! "
Mr. Teller proceeded with much vigor , hi *
warmth of expression at times bringing
forth A rlpplo of applause from the RMIerles ,
He repudiated the suggestion , he said , thai
our credit was destroyed. The securities ol
the United States , he * ald , "aro gilt edged"
In the markets of the world. They are eagerly
fought by financiers. They had never
been dishonored and their dishonor proclaimed
except by the president ot the United States
and thorn who represented him In the United
States penato. Mr. Teller entered his solemn
protest against this degradation of our credit.
"Later , " said the senator , "I will In detail
answer these assault * on our national honor
from those ot the president down to his low-
et tldo-.w alter who assumes to come here
and ppeak on financial affairs. "
If the country was In danger It was because
of the president's Intemperate utterances. H
was a disgrace to have their constant as
sertion that the nation has bon dishonored.
Mr. Teller declared that the recent utterances
of the president were to reassure his friends
In New York with whom b always advised
nnd who had become alarmed at the position
the president had taken on an6ther subject.
Mr. Allen , populist of Nebraska , protested
against the remarks of Mr. Hill nnd the lat-
ter's conclusions. Mr. Hill had , he said ,
given utterance to n statement to the effect
tlmt all the treasury notes and greenbacks
were redeemable in gold , but such was not
the case. The greenbacks were redeemable
In coin , and had been slnco the day when
they were first Issued. So also were the
certificates under the niand-Alllsan act. Mr.
Allen , resuming his speech , * ald that the
notes Usued under the Sherman act were
also redeimablo In silver. He asserted that
when the president bad said the greenback
was rcdeemtblo In gold only , ho falsified the
history ot the country , while Senator Hill
advocated a policy that would change tlio
wholct law In regard to legal tender.
Mr. . Hill replied to the criticisms made.
There wcro three distinct protests , ho said ,
based on the Idea that nn attack on the pub
lic credit had been made by him ( Hill. ) On
the contrary , his proposition was to sustain
the public credit. The senator from Col
orado ( Teller ) seemed to think that every
remote reference to gold was an attack on
his favorite Idea. "I do not know whether
the senator Intended to be offensive , " said
Hill , "In referring to the 'tide waiters' of
the president. "
Mr. Teller quickly arose to say that ho
had not Intended to refer to the senator
from New York. There were a number of
men "hanging around the Treasury 'depart
ment , " who felt thcmsolves qualified to
speak on the financial policy. "The fabricator
cater of metal coins , " he said , "was dally
In the papers with learned dissertations on
the policy of the government. "
Mr , Hill , resuming , saltl he supposed the
"fabricator of coins" referred to the director
oC the mint. He was probably as competent
to speak on finance as the gentleman "from
the wilds of Colorado. " The senator as
serted with emphasis that he was not one
of those specified by Mr. Teller as "hanfilng
around the treasury. "
"I speak for no one but myself , " declared
Mr. Hill , with vehemence , "and they1 cannot
crowd me off that platform. "
The senator said these attacks on the sec
retary of the treasury were for alleged of
fenses , when'every secretary during the last
fifteen years had pursued the same policy.
They had all protected the gold reserve. If
this reserve were not protected the result
Indirectly affected our national credit. He
protested against thla firing In the air , this
failure to answer a direct and clear propo
sition with anything more than attacks on
officials and with assertions that the na
tional credit was being assailed. With the
close of Mr. Hill's speech the resolution was
laid aside.
A Joint resolution was agreed to transfer
ring the territorial machinery of the govern
ment In Utah to the state authorities.
At 2:25 : o'clock the senate went into ex
ecutive session and at 2:40 adjourned until
Monday.
Wlbb , TIIY IT IN THE SE\ATE.
Ailvocnten of the Ileet Sttunr Imluxtry
Are- Not DlHcoiirneeil.
WASHINGTON , Dec. 27. ( Special Tele
gram. ) President Oxnard's Interview yester
day on the revenue bill as It passed the
house has caused Nebraska congressmen to
cast about for a measure of relief in the
senate and some favorable legislation lookIng -
Ing to the fostering of the beet sugar In
dustry In Nebraska. It was about decided
today to ask Senator Thurston to embody
Congressman Melklejohn's Ideas In an amend
ment to the revenue bill , which will look
Ilka a patch work quilt when It passes that
body , if It ever docs , with the present
small republican plurality.
senator Alien mjecieu conaiuerauic ginger
Into the debate today In the senate over the
bond proposition and seemed to be the alder
and abettor of Senator Teller , whose tilt
with Senator Hill was keenly enjoyed by
the other senators and crowded galleries.
Congressman Halner stated tonight that
It ho could get In he would address the
house tomorrow on the bond proposition ,
but he thought tha leaders would consume
the greater portion of the time allotted to
debate ,
Robert Kneebs of Sioux City , with James
Madscn and C. Johnson , was In the city
today enroute to Germany to stand trial
for entering and dilvlng a horss under a
false name out of Its class. Kneebs and
his wltnesws were granted passports by
the State department.
Dr. P. McDermld was today appointed
an examining surgeon for the pension bu
reau at Greenfield , la.
Jacob Grim was appointed a fourth-class
postmaster today at Pleasant Prairie , Mus-
catlne county , la. , vice Alfred Stlgcrs , re
signed ,
Although the chief executive officer In
the supervising architect's office gave Con-
gre&aman Perkins to understand some weeks
ago that the advertisement for the Interior
finish of tin Sioux City building should bo
out by the 20th inst. , worlc upon the speci
fications and estimates is etlll unfinished ,
and the advertisements will scarcely bo
ready before the middle of January.
Second Lieutenant William G. Fitzgerald ,
Seventh cavalry , le detailed for duty at WII-
lett's Point , N , Y. , for Instruction In tor
pedo practice.
Flrut Lieutenant John S. Kulp , assistant
surgeon , Is granted fifteen days further
leave.
Leave of absence for three months on Bur-
goon's certificate of disability Is granted
Prof. W. M. Postlewalto , chaplain , United
States Military academy.
Miss Blanche McKenna , who Is the guest
of Mlsa Mullin , received -with a number of
swell society girls ot Washington Thursday
at a tea given by Mrs. Howard White ,
daughter of ox-Senator Sawyer , In honor
of the Cornell Glee , Mandolin and Banjo
clubs.
John N. Cromellei ) lo spending the holi
days with his mother at Ledrolt Park , a
suburb of Washington.
IIOMI HIM , MATICUIAI.I.Y AMENDED.
Provision Mnde AKiilimt the Retire
ment of tlie fireciiluivliM ,
WASHINGTON , Dec. 27. The ways and
ncans committee has adopted the amendment
to the bond bill suggested by Mr , Hopklnu
of Illinois to prevent the accumulation In the
reasury of the greenbacks and their prac
tical retirement without cancellation. The
amendment provides that nothing In the act
shall ba construed to repeal or modify the
act of 1878 for the relwuo of tbo greenbacks
when redeemed.
Another amendment was adopted making
ho bends Issued under the act payable within
Ifteen years. The second amendment had
jeen suggested by Mr. Lacey of Iowa and
met the approval of the republican members.
In tbo original draft of the bill it was pro
vided that tbe bonds should be redeemable
at < he pleasure of the government after five
rears from their date and It was thought
jest to make a definite termination to them.
The amendments word adopted by a otrlct
wrty vote and tbe bill will be reported to
he house as amended. Mr. Tarsney , demo
crat of Missouri , offered an amrndment to
epeal the act of 1878 for reliiulng the green-
jacks , but failed to get any mipport for U.
The amendment agreed to by the wayi and
neanu commltteo this morning , providing
hat the greenbacks should bo relsjeud , la
considered a great concession to dissatisfied
cne . _ _ _ _ _ _ _
Continued li ' the Semite ,
WASHINGTON , Dec. 27. The aenste has
confirmed tbe following nominations : Henry
I. Klapp of Utah , to bo atuoclate justice
of the nupreme court of the territory of Utah ,
and Belinda Aihton , to bo postmaater at
Flemlnesburg , Ky.
For the Last 3 Days ol 1895
A Radical and Absolute
Clearing Sale
IN OUR
Cloak Dept
A MK lot oC Momlc Cloth , . ' 10-lncli , full swoop , Double Cnpcs no matter
wltiit they solil for they arc worth today $10.H ) ; we Hlittll soil them for $5.00.
Another lot , comprising every medium priced Capo In the house , both
boncle and plain cloth , $4.00.
In fact we have only line Roods loft and we shall make a round price of
$20.00 to close them. This lot comprlsuH Electric Seals , Wool Seals , Astrak
han , Marten and Monkey , and Includes goods that were sold at from ? ; ? 0.00
to $50.00.
We will reserve but two garmentH. These were sold at $75.00 , and we
will now sell them at $ . ' ! T.50.
Children's Jackets , $ li. < ! 5 , $ ; ? . 5 and $ -J.S5.
Children's Cloaks , $2.75 , $ ; i.75 and $4.75.
WRAPPERS.
All of this season's patterns will bo closed.
Print Wrappers that were $1.00 , 5e ! ) each.
Fleeced back and cotton eiderdown , were $1.25 , $1.50 and $1.75 , now OSc.
This means all of them none reserved.
All wool Wrappers , made from flannel , serge and cashmere , $1.50. This
IB simply terrllle , and there arc lots of them.
Elegant soft downy wool eiderdown AVrappers , In dainty patterns , $3.00 ;
those were $5.50. We sold a great many before Christmas.
Shawls , Muffs , Baby Cloaks and Ladles' Skirts proportionately low.
The bargain of all A lot of ladles' Suits , of handsome , honest home
spun , beautiful Bradford broadcloth , serviceable selected serges , that were sold
from $20.00 to $115.00 , price to close $7.48.
PRESIDENT DOES NOT LIKE IT
Provision for Selling Bonds by Subscription
is Objectionable ,
HISTORY OF SOME PREVIOUS ISSUES
Secretary Cnrlinlc Addre e a Letter
to Cliiilrimiii IHiiKley , Setting
Forth the Ohji-ctloiiu of the
AiliiiliilHlrntlon.
WASHINGTON , Dec. 27. Chairman Ding-
ley of the ways and means committee has
received a letter from Secretary Carlisle ,
which is private , but furnishes some in
formation concerning the condition of the
treasury. Mr. Dlngley will not make the
letter public , but says the secretary offers to
furnish the houro with all data that may be
needed. The condition of the treasury Is
represented as very serious and Mr. Carlisle
urges legislation for a gold bond. Mr. Ding-
ley has Informed the secretary that a gold
bond \fH9 out of the question and could not
be considered. Secretary Carlisle did not say
to Mr. Dlngley that a 3 per cent bond cannot
bo floated , and did not discuss this feature
of the case. This latter denial Is made be
cause reports to this effect concerning the
secretary's letter were In circulation.
President Cleveland and hi * advisers. It Is
learned , are strongly opposed to the homo
bond bill , and thla feeling caurcd Secretary
Carlisle to write to Chairman Dlngley. Aside
from the Important objection that the bonds
are to bo redeemed in coin Instead
of gold , as recommended by the presi
dent , It Is understood that the re
quirement that the bonds be raid by
subscription meets with disapproval. The
experience of the government , It Is said ,
with sales by advertisement show the in
effectual character of this means of protec
tion to the gold reserve. The public notice
'or the first time was Issued In January , 1891.
The payments were made In February prin
cipally and In that month the withdrawals
of gold amounted to about $16,000,000 In
excess of the exports , which instead of de
creasing reached the sum of $84,000,000 dur-
ng the succeeding six months. The second
sale was made by nollco published on No
vember 13 , 1894 , and the withdrawals of that
nonth and the two succeeding montlm
amounted to $84,000,000 , nearly J50.000.000
n excess of exports or nearly the entire
amount of gold paid for the bonds. After
.ho syndicate contract of February 8 , 1895 ,
until the deliveries had been completed ,
during the succeeding summer , there were
10 material withdrawals for exports. The
record of the first bond sale shows that the
ndlvldual subscriptions amounted to only
74C.400 , while banking firms subscribed for
$15.723,000 and Institutions for $33,824,700.
The Individual subscriptions to the second
aale amounted to only $1,633,850 ; those of
ths banking firms to $37,813.500 ; Jnatltutlons ,
$38,903,800 ; or a total ( exclusive of the tyndl-
cato'o bid for $100,000,000) ) of $78.341,150.
The ability of the government to float any
conwlderablS loan under the terms of the
> ? ndlng bill Is also brought In question. The
quotation of the United Slates 4 per cent
bonds of 1925 Was yesterday $1.06 bid. This
produced to a purchaser a return cf over 3
per cent. How , then , the admlnljrtratlon
asks , can the bonds in the proposed law ,
which are limited to 3 per cent , be bid at
par ?
The question Is alee asked whether the re
quirements as to advertisement , taken In
connection with the flrit sentence * of the
section , compel tbo Secretary to accept
"coin" in payment for the bonds ; that la ,
either gold or silver.
Joint Traiflln Annoelnlloii In Illi'icul ,
WASHINGTON , Doc. 27. Chairman Morrl-
son of tlio Interstate Commerce communion
today teal to ths senate a cepy of the arti
cle * of organization of the railroad joint
raffle association and alej a copy of a letter
to the attorney general. la the letter to
the attorney general the commission Bays
the atreeiivtnt la In conflict with the Inter ,
itato commerce law and requenUi him to di
rect the UnlUd Statea district attorney far
tbo Bouthcru district of New York to luKtl-
tuto proceedings by Injunction or otherwise
to prevent Its being carried Into effect.
IIOIM3 TO SAVK 0X15 OK THIS 1111,1,9.
Senator * CntitMiMltiK oil the lloml mid
llevelllie McaxiircH.
WASHINGTON , Dec. 27. The republican
senators have devoted considerable time dur
ing the past few days to holding Informal con
ferences among themselves concerning the
hoiiEC tariff and bond billy. It Is 'generally
admitted that both bills will encounter very
serious obstacles In the senate , largely on ac
count of , the silver sentiment In that body.
This sentiment Is so strong that It has boon
feared by the anti-silver men that Jt would
result In a free coinage amendment to each
of the bills. In view of thla situation Is has
been susgested that ono of the bills might be
sacrificed for the purpose of getting the
other through. It Is believed by some that
If the bond bill can bo first considered and a
free coinage bill aubstltutcd for It and passed
tha free coinage republicans will then con
sent to allow the tariff bill to pass without
a silver amendment , and It Is upon this line
that the friends of the tariff bill are now
proceeding. Some of the silver republicans
have Indicated a willingness to consider thli
suggestion , but others of them express doubtj
aa to Its feasibility.
VOTE ON THi : 1IONI ) HIM , I'OSTPOMSU
Hull AVI 11 Not Hi- Culled Until Iat <
Tomorrow A Tier noon.
WASHINGTON , Dec. 27. A conferenci
was held between Speaker need and th (
houBi managers today and the result was ac
agreement for a vote on the bond bill to
morrow Instead of 5 o'clock today. In the
meantime. It Is to bo open to debate through
out today and until 10 o'clock tonight and
up to the time of voting tomorrow. A further
arrangement was made that the way < s and
means commltteo before reporting the bill
should insert a clause showing that It IB not
the purpose to retire the greenbacks. It wai
also arranged that there shall be separate
votes ono on the proposition for a $50,000 , .
000 bond Issue and another on the unlimited
isiuo. The conference was ratlsfactory to all
elements and the concessions made overcamt
the protests against haste , which led las )
night to the appointment of a cpmmlttco ol
republican members to wait on Speaker Ilecd ,
KI.A.TI2I1 AT Sl'KIXMSy'S 1'HOSl'ICCTS ,
HID I.leiileuniit Ilellevex Olilo'n Oliver *
nor IN the Lending Ciimllililtiv
CLEVELAND , Dec. 27. Hon. Mark A.
Hanna , Governor McKlmcy'a political lieu
tenant , and who has just returned from
a four weeks' trip In the Interests of his
candidate , today dUcusied the chances of
the various candidates as they now appear.
Said he : "I hold McKlnley to be the loadIng -
Ing candidate. The people want him , anil
the i > : ople generally demand him. Hit
chances were never brighter or bettor than
they are today , and In my opinion ho easily
leads , Iteally the only aggmulve candidate
besides McKlnley Is Mr. Heed , Doth ol
these men are candidate ! * and very much
so. Mr. Jto.'il Is the only strong opponent
McKlnley has that Is , I mean , throughout
the country , Alllnon Is not to hu regirded
at present an much a candidate as ho Is
factor. Ho Is of course strong In his own
rectlon , and may become u candidate befort
the convention annemblea , but at the present
time I regard him as a factor only , Mor
ton U strong In his section , but I do not
regard him o a candidate. Of Harrison
I know no more than what I see In the
papers. In my opinion ha Is not a candi
date. I feel quite mire ho would engage In
no ncrambla for the olllco or do anything
that would not bo In strict keeping with
his dignity and the dignity of his position ,
All of them are receptive cpndldqtca , ol
course , an my man would be , but In my
opinion , at the present time the only ag-
greislve candidates are McKlnley and need. "
Iliiy * Uullly of Munlrr ,
BL , KENO , Okl. , Dec. 27 , The Jury In the
Rugeno Hays case , charged with killing Con
stable James Doss last March , has returned
a verdict of guilty of murder In the first
degree. This In the first conviction In Cana
dian county for murder ,
Hook Driller * A nlurii >
TIIOY , N , Y. , Doc. 27.-H. U. Nlnis &
Co , , ono of the oldest book , concerns In thli
city , made a general uaulifniiient this morn.
Ing. The liabilities amount to ubout
u * ela unknowu.