Show Senator Tellers Silver Argument WASHINGTON Jan 27 Senator Teller of Colorado made an argument today be fore the House committee on coinage on the subject of silver coinage He expressed his disapprobation of the Windom silver bill regarding it as hostile to the silver interests in-terests of the country He looked upon the silver question as one of the most im portant before Congress It was not a 10t local question but general in its nature and the depression in business circles all over oicles al the world was larely due to the treatmen of silver by the United States government since 1872 The Wiudom bill he declared was illogical and was a Wall iogical wa Wal sirte measure I had been prepared by went I who had not studied T the silver questim i lU uumvura ui AIUVV JLUIU uuu uaunero were not thorough students of financial questions from the broad fnancial was very likely he said that the price of silver would be increased if the bill should bi be enacted into a law but he would not spport it on that account He said the proposition to issue treasury notes in return for a deposit of silver bul lion made it appear as though silver was merely a commodity which would go into the various sub treasuries and other places that were to receiveit asa warehouse commodity com-modity I the government recognized this principle concerning silver there was no reason why it should not be applied to appled pig iron or corn It thus took away from silver its money use which after all was its chief function whicl ture of the bill authorizing the secretary of I the treasury to suspend the receipt of sib ver bullion was also objectionable in his i opinion The use of this opinion might render the secretary of the treasury liable lable to suspicion and to the imputation of being dishonest which though they might not be true would make an unfor tunate condition of affairs Public afairs Publc officers might be always honest men in using this opinion he said but not discreet which would be just as bad so far as the a general effect generl was efect concerned con-cerned The very moment an order was given suspending the receipt of bullion the price of silver would go down and the general gen-eral bad effect on the business of the coun try would be the result Teller thought the United Teler Unied States was capa ble of controlling the silver question by adopting a policy of free coinage and this he said was the only legitimate method of treating the question although lhough he was in doubt as to whether a bill of that sort could escape the veto by the Presi dent I silver is denied access to the mints the price of gold will increase in the same relation as corn increases in price if no wheat is milled |