Show TOTS HITS I 1 SUIR BID EMPTION I 1 hepburn of iowa on the he L currency bill TANGLES BANKER HENDRICKS the lowan iowan says tho the treasurer lacau echaso to let speculators A habo goll a 0 1 1 would we uld 0 a biot rot affect the COT C OT credit democrats to caucus on carlisles bill monday hawaiian boha doha debate te in the senate washington jan 4 the general de bate on the currency bul bill which consumed the time of the I 1 ulusc again today will continue until the tha caucus I 1 la held orn on monday Ston day then if the present plans ot of ule the advocates of the bill aro are endorsed the debate will go on under tile the five minute rule until thursday of next week when tile the final vote will to b taken the feature of the days debato debate was the speech made in opposition to that tha measure by representative et A it a 1 new yo york rk banker baliker lie ho declared the 0 bill would be inadequate as a of relief for the treasury and besides would id Pr provide ovile an unsound currency ho he suggested suggest sd td for the only anc measure aagre ot or relief the passage of a bill to fund tho the 0 greenbacks green backs the other speakers today were hepburn of iowa dingley of maine and gre greeham 81 lam at 0 teas X FOOLISH FINANCIAL FI kL POLICY the situation that confronted the tha treasury sir hendricks said had not come suddenly upon us nor without ample wa warning riling A finance minister ot of france had once remarked sarcastically that god waa ivas good to drunken people little children and the people ottha united states was the united states to tox 0 out of to business of furnishing furnis bing currency for tile the country as a bank of issue sir mr hendricks bendi acks asked if not what was it going to do in order to avoid the tha financial brad bid lands and were the people of the united states to keep on transgress every law of fanan finance defying the th world and continue to ai what every other nation had failed to do to illustrate the result of the present system mr hendrecks Herid deks pointed to the large accessions of gold made by the bank of france and aad the bank of erg eng land at our expense the former yes held field COO sold gold francs tha ae latter EZ in gold the capital and tile the gold bullion of the worm world was ng in these great pools walting to see sec what this country would do whether 1 it would become OL 0 bankrupt to meet its za kuy any oce 0 M mi hendrecks heri Hen drIeRs said who jr glance Z ice A r A I 1 I 1 sti ot ok the 1 V i I 1 rr cej ti b baci t marvel that II 11 lethad I 1 ba d noFO een veon 11 con w il 7 GOOD CREDIT air hendricks handricks depicted graphically the present anomalous situation the ere credit dit of the united states excellent money idle the banks rull full at the lowest ebb men living livine front hand to mouth and the alie treasury fight ing to keep its hed head above water tie the question qu esclon now presented whether the government was going out al oi business as a tank bank of issue was ir fr IL endricks said au an important practical one in the tha financial world as well as a political one mr jr hendricks described at length the tha process by which the sold gold was withdrawn by speculators tor for shipment abl abroad road and then proceeded to contrast tills this with the situation in francs where the dank bank of france refused to pay except where actually necessary more than 5 a per cent of gold on lit its demand obligations these aggressions on our go gold god d reserve must be stopped and if the pending bill would stop them afford relief take the government out of the banking business as it 11 had been taken out of the silver business Us ile would vote for it PAYABLE IN COUNT COIN does the action of the bank of france lit in its rem remi I to pay more than 5 pr per cent in gold its credit crean asked mr hepburn lle publican ot f iowa no NT 0 11 then would the credit of the united states be Impal rad if the united states should exercise its discretion land and redeem dc rn the S fernian her nian notes in silver yes I 1 believe it would at this time hint replied mr air hendricks why because of th the e general distrust of al the governments ability al fifty to pay gold one ona bundred and fifty nine million ot of Slier Sher roan nian sold gold promises to pay cannot be without gold nut these notes axe are redeemable in coln coin not gold old was sir mr parting shot ur li endric ks continuing the bill was open to the vit vital al 1 tib b that it li voul not do what it set out to do it wa would ild not relieve the 1 treasury of 0 the aggressions on its sold gold IL 11 would be a ballme falar ie us as a bank mca 5 ire because it wo ad superimpose upon an uncertain ain boly of public credit cur roucy loucy a much larser larger and more uncertain I 1 bridy body af 0 f private L credit currency with M ait foundation under the ta lie former mr ry Den lorat of connecticut pros prep er nt ted liis his substitute to fund th the greenbacks green backs IN inith ciui ith three per cent zoli bongs bond for the information inform atin of alla birou giouse se Rr TO ro ta mr air ca caruti uth democrat ot of kentucky eulogized secretary jec carlisle Caril arc bcd coal the eddita of 0 the aa ministration to solve if alia currency reh vc tho the y and tae pending measure e W tr caruth devoted a small portion ot of lits his time to LO ailep burn buciu who brierty lepied lu uv ricks whom he inscribed as a self heralded national banter banker who oal cama 16 here with oracular utterances to tell the house what wha t to do 10 lr hepburn said raid his 1 self alls was by the recollection of lila its speech months aso when existed exist ed mr the arne ame E c conill tan dricks then found the tha panacea paa acsa fo for wl JI lua ilia jn in the repeal of the sherman silver law lir n edburn declared ur mr lot t dricks had poll tea out unwittingly tha IN ho he I 1 evil behel remedy for or the present told tre the noose hous tile gre at W banking axing 1 exercised their dla dis i bouses ses of europi about li 1101 1 ig their soil gold r vaulta why will not ot the secretary la 13 its of the treasury asu r Y the same of I 1 round lind ile he asked amid a ro otSo crosso cr n the exercise of this disero dise ro i applause credit edit of euro the cl tion d did dd d not bana ans who clarel to say that penn ot of this auntry with btty c credit dit jhb ere I 1 lt it and ehtee MIA won of pool d power wol ill I 1 with sul I 1 be impaired because it refused to une kuerti e il I 1 nt at the tha dent emandi dentandt ands ot applause why have not mot the republican seret secretaries aries of the treasury that asked mr pence populist Colorado afi of 1 I have n not A ben secretary of VIL the Troa treasury sury replied sir hotly when I 1 sm am I 1 will answers answer I 1 am pa As fully convinced however pa 3 1 I am that I 1 aan aliw alive that it the score ta tary of the treasury sury wore were now to exercise his and to pay mid cold when legitimate were asked and refuse it to sharks and speculators epco Vla ula tore tors the evils from which we suffer would cease to bo be applause I mr gresham democrat of texas supported Bup cup ported the bill at the c conclusion of his speech the house at I 1 VII tonight to night the took a recemis till 8 night session to bs be devoted to private bills |