Moro observer., April 08, 1897, Image 3

•TRUE FRIENDS OF SILVER
p ro m o te , as f a r ns In th e ir p o w e r, nn In-
j te rn a tio n a l a g reem ent f o r the fre e c o in ­
R o u t w e ll. M r. R ow en, n o r M r. G ib so n in ’
T hese d e c la ra tio n s o f a p p ro b a tio n m ade T F ra n c e Is 37.000,000 th a t c f G erm an e
separate m in o r ity re p o rts , c o n c u rre d in
by G re a t B r ita in . F ra m e , S p a in . T h
---------------- and th a t o f * »he U n ite d S ta te s
5n.iWM».iX»()
age o f s ilv e r u n d e r circum stances w h ic h
the recommendation o f a new r a tio o f N e th e rla n d s aud o th e r g re a t c o m m e rc ia l
should m ake e v e ry d o lla r in s ilv e r as good
T h e Government expendi­
L»’ a to 1 fo r s ilv e r. N o r d id any o f th e I c o u n trie s , and th e c o n c o m ita n t s e n tim e n t GK,OOO.Of)O.
tu re s o f F ra n c e a re >17 per c a p ita , those
as e ve ry d o lla r in g o ld ; and th a t pledge it
re c o u iin e n d a tio n s o f th e co m m issio n fin d 1 a n im a tin g th e conference, g iv e the g re a t­
o f th e G e rm a n E m p ire o v e r $6 and those
is o u r d u ty t o d a y by th e passage o f th is
f:i\«>r iu tin* s ig h t o f th e N a tio n a l L egis
e r hope to a ll who hold w ith the R e p u b ­
of th e I u ite d S tates, pensions in clu d e d ,
b ill to e n d ea vo r to respond to. (A p p la u s e .) L it tire. B u t th e re p o rt u n d o u b te d ly led to
lic a n p a rty th a t b im e ta llis m by in te rn a ­
‘ S econdly. M r. S peaker. I am in fa v o r
fu r th e r inquiry iu co n n ectio n w ith o th e r j tio n a l agre e m e nt a ffo rd s th e o n ly p ra c tic ­ o n ly £.»..<<». a lth o u g h th e p u b lic debt o f
the G e rm a n E m p ire is o n ly al»out S30G.-
o f th e passage o f th is b ill because I be­ n a tio n s , w h ic h has come to I k * k n o w n in
able s o lu tio n c o m p a tib le w ith A m e ric a n
lie ve th a t its d e fe a t u n d e r th e c irc u m ­ A m e ric a n h is to ry as th e In te rn a tio n a l
(*Xl.(XM>. w h ile th a t o f th e U n ite d S tates
common sense and American honor of the is in th e n e ig h bo rh o od o f f 1.7(X».(XM i .(M i ( i
stances u n d e r w h ic h it is presented, and iu
M o n e ta ry C o n fe re n ce o f 1878.
difficulties umh r w h ic h s ilv e r is la b o rin g . f*he L reneb ¡»eople pay $3.3(» j»er ca p ita
view o f th e pledge w h ic h we m ade ut th e
F o r In t e r n a t io n a l H im e ta llia m .
C h a n g e o f H e n t im -n t A b r o a d .
f o r th e supi»ort o f th e ir s ta n d in g a rm y ,
S t. I.o u is c o n ve n tio n , w o u ld re s u lt in a
B y th e act o f Feb. 28. 1878. P re s id e n t
1 he B ru s s e ls c o n fere n ce a d jo u rn e d to and th e G e rm a n people > 2.30; i t costs th e
tre m e n d o u s in ju r y to th e sound m oney
H a y e s e xte nd e d an in v ita tio n to th e na­ meet M a y IK I, 1893.
J u s t tw
o n th s 1 n ite d Stat*»* >2 p e r c a p ita f o r pension«,
cause.
(A p p la u se .)
I t m ust be u n d er- tio n s o f th e w o rld to m«*et and d iscu ss the
b.*f,,re th a t d ate a m o tio n m ade in the and th e n u m b e r o f {»ensioners is n e a rly
stood J h a t th e re are in th is c o u n try th o u ­ e s ta b lis h m e n t o f re la tio n s lo o k in g to w a rd
B r itis h P a rlia m e n t to c a ll th e co n fere n ce
sands, yes. m illio n s , o f voters, w ho.
«•quaI to th e com bined a c tiv e forces o f
in te rn a tio n a l b im e ta llis m , an 1 in A u g u s t
w h ile opposed to th e fre e coinage o f s ilv e r o f th a t y e a r re p re s e n ta tiv e s fro m the po w e rs to g e th e r was lost by a vote o f 148 E ran ce and G e rm a n y .
•as
to
229
nays.
O
n
th
a
t
occasion
th
by th is c o u n try alone, because th e y b e lie ve
.‘, !n *r. n a tio n » o f E u ro p e m et th e d istill
U h a m e ilo r o f th e E xche»juer e x p n s s e l
F O U R T A R I F F S C H P H in g o
it w o u ld g ive us sim p ly s ilv e r m o n o m e ta l­ guish
g u ish e d d delegates
e le g ate e o f th
ited
te s h him
im self
s e lf th
th u u s s re
g the
th e conference:
» in f e r e n c e :
I
SCH EDULE^
the e U n ite
d S ta
tates
re g g a a rd
rd in
in g
lis m . as I believe it w o u ld , a re y e t in f a ­ in I a ris u n d er th e auspices o f th e F re n ch
I f . in th e fu tu re , it is to do any good, it | T h e y A
r
e
V
e
r
v
F
a
t i a i u c t o r y to t b s
v o r o f an honest e ffo rt to secure an in te r ­ M in is te r o f F in a n ce .
E x G o v . Reuben
F a r m e r s o f th e C o u n try .
n a tio n a l a g re e m e nt upon th is p o in t, be­ L - r e n to n , o f New Y o rk , w a.*, th e c h a ir ­ m ust discuss proposals made by responsi­
ble Governments, if the U n ite ,! S tates
I f we m ay ju d g e by th e fo u r schedules
cause th e y b e lie ve th a t i f th a t can he s»-
m an. Gen. F ra n c is A. W a lk e r and W . S
s h a ll c a ll it to g e th e r ag a in h e r M a je s ty ** a lre a d y co m pleted, it is safe to predi«-t
cu re d th ro u g h th e co o p e ra tio n o f th e ’ , r '"^ib**» k his associates, aud S. D a n »
G o v e rn m e n t w ill p ro b a b ly be ready to d is ­ th a t th e new t a r if f la w w ill be an ade­
c o m m e rcia l n a tio n s o f th e w o rld . It w ill
H o rto n , a w e ll k n o w n a u th o r ity on bi- | cuss th e q u e stion and w o u ld co nsider, iu
q u a te response to p u b lic s e n tim e n t as reg .
g ive us a c u rre n c y , e ve ry d o lla r o r w h ic h
m e ta llia m . th e se c re ta ry o f th e delega
a court»«on« and fr ie n d ly m a n n e r, any isfe re d Mt th e p o lls on N ov. 3. W h ile th e
sh a ll be as good as go ld , and th a t we
1
M r. G roesbeck w ere Re­ proposals th a t m ig h t be la id b e fore it . ”
ra te s o f d u ty a re s t ill s u b je c t to change
sh a ll have a gold s ta n d a rd o r Its e q u iv a ­ publicans.
A . M r. H o rto n was c o u rte ­
B u t on th e 17th day o f M a rc h . 189(1.
le n t. T h a t it w h a t th e y believe.
o u s ly g lT e n th e same rig h ts on th e flo o r I th e B rit.-:, H o u se •>{ C om m ons w ith o u t a before th e c o m m itte e re p o rts the b ill in
the F if t y - f if t h CongT»ss. th e pur|»f»se o f
“ N o w . in v ie w o f th e fa c t th a t th e re o r th e con fere n ce a*, the o th e rs the Re I
d is s e n tin g voice, “ urges upon th e G o v ­
are m illio n s o f people w h o )»elieve th a t p u b lic a n s p re p o n d e ra te d .
T h ia is th e ! e rn m e n t the a d v is a b ility o f d o in g a ll in ' the t a r if f m ake rs to p ro v i.le a d is tin c tly
th is can be a ccom plished. I hold, w ith o u t
m ore s ig n ific a n t when ta k e n in connec- i its j>«»wer to secure by in te rn a tio n a l agree­ p r o tw tiv e m easure is v e ry c le a rly in d i-
I ca te d. .
e n te rin g upon discussion as to th e p ro b a ­
•u w ith th e re p ly o f th e A m e ric a n s to m ent a sta p le m o n e ta ry p o w e r o f e x ­
’
I b is purpose is m ore a p p a re n t in the ag-
b ilitie s o f success, th a t it w o u ld be s a m a jo r ity o f the E u ro p ea n delegates
change betw een gold and s ilv e r / ’ in <>th«*r •
r« u ltu r a l schedule th a n in a n y o th e r T h is
They D o n ’ t W ant the Q uestion Settled as It M ight End T h e ir fa ta l m is ta k e , p ra c tic a lly , f o r th is side o f 1 tua rea d s:
w o r'la , in a lit t le m ore th a n th re e yyar«
««•bediile is regarde»! by m an y as th e m«wst
th e H ouse, u n d e r those c o n d itio n s , not to „ . ’P *
o f th e Unite-1
I a rlia m e n t had change«! its s e n tim e n ts
Em ploym ent.
meet th e w ishes o f those m en. snd g ive a - rate« r u lly c o u c u r th a t it is necessary to co m p le te ly in re g a rd to a b im e ta llic s ta n d- | :m i« .rta n t fe a tu re o f th e new ta r iff, a f ­
th o ro u g h t r ia l to th is e n d ea vo r to o b ­ m a in ta in in th e w o rld th e m o n e ta ry fu n c - i a rd and had evi»len«*ed it by tu r n in g a fe c tin g . as it does. tL e g re a te s t o f a ll in ­
ta in an in te rn a tio n a l agreem ent.
I f it
t i :is o f s ilv e r as w e ll as those o f gold i vote o f 81 a g a in s t to an a b so lu te u n a u im - ; d u s t r y in th is c o u n try . I t is safe to say
fa ils , th e n we s h a ll ha ve done o u r f u ll
and th e y desire th a t ere long th e re sh a ll fty fo r such a m easure as th e R e p u b lica n th a t th e in te re s ts o f h u s b a n d ry w ill lie
W h o a re th e tru e fr ie n .ls o f s ilv e r? la lic a n ). a fte r sp e a kin g o f th e m ovem ent as d u ty in th e prem ises, and no h a rm w ill
nOt ° n Iy in th e »n jD ’ " itio n o f th e
i * a d e qu a te co -o p e ra tion to produce the p a rty fa v o rs
It th e men w h o o w n s ilv e r m in es o r a re h a v in g th e " a ir o f g ro t esq oeneaa,” s a id : have happene«!. I ( it succeeds, th e n we re s u lt.
I bus th e w ay now seems to be m ore ' - c K m le y d u tie s on a g ric u ltu r a l p ro d u c ts
employe»! by s ilv e r
m in e -o w u e rs
aud " I f we m ust fa w n fu r th e r a t th e fe e t o f sh a ll have secured th ro u g h o u t th e com ­
“ I n re g a rd to the th ir d and la s t p m p o
c le a rly ojK-n th a n e ver b e fo re fo r th e Re- J h u t in th e en la rg e d fo re ig n m a rk e ts fo r
th o se w h o by th e ir a d vo cacy o f an im ­ those w h o c o n tro l th e finsn<*es o f th e m e rc ia l w o rld a u n iv e rs a l and com m on
• •( **i»J a d m it th a t ‘some o f th e S"at«*<« p u b lic a n p a rty to c a rry o u t its desire« fo r , " " r ' 5‘ *tt“ *»tic p ro d u c ts th a t w ill be secured
p ra c tic a b le system m au a g e to keep th e ir w o rld , le t us a t le a st p re se rve o u r s e lf- s ta n d a rd o f va lu e th a t w ill p ro m o te in ­ w h ic h have th e double s ta n d a r d / or. a .
in te rn a tio n a l a c tio n in fa v o r o f tru e b i­ th ro u g h th e re c ip ro c ity fe a tu re o f th e
a ".
I L n n j g suffer»*d th e m ost h e a v ily
nam es b e fo re th e p u b lic a nd the m se lve s in resp e ct aud do it w hen w e are
(A p p la u s e .)
I
be­ th e y p re fe r to say. use bo th m etals, -find
m etallism .
th e ir te rn a tio n a l tra d e .
f a t offices, o r is it th e m en aud th e p a rty h o s ts ."
lieve. th e re fo re , u n d e r these c irc u m s ta n ­ it im p ossible to e n te r in to a m u tu a l en- ’
T h a t th e tim e is now m ore auspicious ■ r«»tn th e W ils o n T a riff la w . th e fa rm e r
w h ic h gave to th e c o u n try its g re .it v o l­
tin J a n u a ry 2 lh h . d u rin g th e d iscu ssio n ces. w ith o u t e n te rin g upon discussion, th a t g sgem ent fo r th e fre e coinage o f silver.* i fo r fa v o ra b le in te rn a tio n a l a c tio n th a n , «Hl receive m ore U-neSt fro m th e t a r if f
j le g is la tio n o f 1897 th a n
um e o f s ilv e r m oney, w h ic h o rig in a te d a ll upon th e bill. S e n a to r Jones, o f A rk a n s a s . it is th e d u ty o f e ve ry R e p u b lic a n . In j th e y , as re p re s e n ta tiv e s o f th e U n ite d
a n y o th e r pro-
ever b» fu re w as te s tifie d by C ongressm an
e ffo rts a t in te rn a tio n a l b im e ta llis m , ca lle d ’ h a irtu a n o f th e S ilv e r D e m o c ra tic N a - v ie w o f th e pledge th a t w e have m ade, • ates have come here expr.-ssly to e n te r
M> ( re a ry . o f K e n tu c k y , who w as a mem- ducer.
a ll th e in te rn a tio n a l co n fere n ce s w h ic h » tio n a l C o m m itte e , p u t h im s e lf on re»\>rd in v ie w o f th e fa c t th a t we should dam - I in to such an agreem ent. T h e difficulty i bt-r o f th e la s t in te rn a tio n a l m o n e ta ry
B o p « va. P o p tx T a ta .
ha ve been ca lle d by th e U n ite d S la te s, a p ­ as to his re a l s e n tim e n ts by s a y in g : " T h is age th e cause o f sound m oney by re fu s - j is n o t w ith them , and w h a te v e r it m sv be. ' conr« reoce, a Dt*n»ocrat and a tu p p r te r
T hi P o p u lis t m o n e ta ry the»»rv is ey-
p o in te d a ll delegates to in te rn a tio n a l co n ­ S. heme is n o t o u rs : w e have n o t o rig in a te d | in g to m eet o u r pledge, to v o te fo r th is
B ry a n in th e la te ca m p a ig n , th o u g h
.t r u , t tb a t *t m ay to o n be re m o ve d ."
p re sse d IQ th e address d e live re d y e ste rd a y
ferences, and decla re d in th e ir n a tio n a l it : w e do n o t b elieve it is th e
i nia fin a l s ta te m e n t signed by a ll the
not a greeing w ith th e e x tre m e v ie w s ex-
p ro p e r | p ro p o sitio n .
and S ta te p la tfo r m s tim e a fte r la n e in schem e f o r th e so lu tio n o f these d iffic u l­
" O n e w o rd fu rth e r . W h e n th e surges- j A m e ric a n s , ta k e n by its e lf, shows m ore pre««»K! in th e p la tfo r m in b e h a lf o f in d e ­ ; by th e r e tir in g p re s id e n t o f th e R e fo rm
fa v o r o f th e o n ly p ra c tic a l system o f u til- tie s .”
pendent a c tio n on th e ¡»art o f th e U n ite d , 1 re m A s s o c ia tio n , is w ild in th e e xtre m e ,
tio n is m ade th a t gen tlem e n in fa v o r o f < ir« r .y th a n co lu m n s o f e x p la n a tio n w h a t
h u t th e re is co n siste ncy i n its w ildness.
iu n g s ilv e r, in te rn a tio n a l b im e ta llis m ?
S tate« .
th e R e p n b l,can p a rty m eant at S l L o u is
O n J a n u a ry 2 9 th. w hen th e vote was s ilv e r a t I d to 1 a re v o tin g f o r th is b ill. I
T hese are q u e stio n s w h ic h th e people ta ke n in th e Senate on th e b ill, those w ho w a n t you to read b etw een th e lin e s o f : by d e c la rin g j n ita p la tfo r m fo r the free
In diacnasing the b ill fo r an in ’ e rn a tio n - In th is it d iffe rs fro m the i ’o p x z ra tic the-
o f th e U n ite d S ta te s ca n a ffo rd to co n ­ voted a g a in s t it w e re: A lle n ( S ilv e r P opn- th e ir spee»-hes and you can u n d e rs ta n d , coinage o f s ilv e r " b y in te rn a tio n a l agree- al b im e ta llic conferen«*e in th e House, on i o ry o f B ry a n e t al.
T h e P o p u lis ts h old th a t m oney is e n tire ­
sid e r. c a re fu lly , at th e p re se n t m o m e n t, l:>ti. I e ttig re w (S ilv e r-R e p u b lic a n » .« , ach. ve ry d is tin c tly th a t n o th in g w o u ld please
Feb 2»., he s a id :
“ F o u r in te rn a tio n a l
!«*ading c o m m e rc ia l n a tio n s
ly a c re a tu re o f le g is la tio n : th a t th e s’ am p
o
f
th
e
w
o
rld
.
wh»ch
we
pledge
ourselves
w hen th e pe»>ple have, by an o v e rw h e lm ­ (S ilv e r-D e m o c ra t),
th
e
m
so
m
uch
as
to
see
th
is
b
ill
d
e
fea
te
d
m
o
n
e
ta
ry
conference«
have
been
held
in
V ila s
(G o id -D e m o -
i
in g vote, de cla re d a g a in s t inde¡K*u«lent c r a tl.
th e last t h ir t y y«*ars. T h e firs t was held o f t..e (c.vern m « -n t w ill mak»* a g
N o t a R e p u b lica n voted a g a in s t to -d a y. a nd I f th e ir votes w o u ld do it. to p rom ote.
A t th e m ee tin g in P a ris in 1S78. G er- at th e in v ita tio n o f F ra n c e and m et at lar o u t o f a a trip o f pap»-r w o rth b u t a
fre e coin a g e by th e U n ite d S ta te s and in th e b ill.
th e y w o u ld so cast th e m .”
sm ad fraction o f a cent. T h e re fo re they
m a n y alone o f
fa v o r o f in te rn a tio n a l a ctio n , and in re ­
O a F e b ru a ry S6th. w hen th e b ill came
x re a t c o m m e rc ia l n a ­ I a ris J u n e 1», 1887; th e seom d m et a t
R e p u b lic a n s F a v o r a b le t o O liv e r .
sponse to th is a K e p u b lu a n C ongress has up in th e House. M r. M cR a e (S ilv e r-D e m -
the in v it a t i a o f th e U n ite d S ta te s at can see no need o f w a s tin g tim e o v e r th e
I-e t ns ta k e up th e h is to ry o f th e na- I tio n s o» E.urope w as absent. T o th e as
pass»*»! an a ct a u th o riz in g th e c a llin g o f
• r a t i, and M r. D x x k e ry (S ilv e r Ile m o - tio n a l fin a n c ia l le g is la tio n ye a r by ye a r. | semtGed n a tio n s th e R e p u b lic a n p a rty o f P a ris A u g 16. 1878: th e t h in ! was called resp e ctive m e rits o f gold and s ih e r as
I>»t th e (g o v e rn m e n t,
th e I s ite d S tates, th ro u g h thr«*»- o f its by F rance a nd th e U n ite d S ta te s an i held m«>ney m a te ria l.
ouch a con fer» n e e a n d t i e a p p o ia tm e u t o f «r a n . o b s tru c te d its c o n s id e ra tio n by de­
and show w h a t R e p u b lic a n is m has done
delegates to it . and a R e p u b lic a n P re s i­ m a n d in g a second.
d is tin g u is h e d m em bers, proclaim e»! its in P a ris in 1881; th e fo u rth and la s t was th e y »ay. ta k e a fe w d o lla rs* w o rth o f pa­
for b im e ta llis m at hom e and abro a d .
hel«l at B russe.s in 1*»:<2. T h e re w e re per and p r in t a s u ffic ie n t n u m te r o f m ill-
d e n t, W iilia m M c K in le y , has said in h is
( >n F e b ru a ry 2 6 th . d u rin g th e discussion
T h e a c t o f Feb. 12. 1873. c o n ta in s a p ro ­ a n x ie ty th e n and th e re to e n te r in to re ­
d o jla rs to ra is e th e per c a p ita to
in a u g u ra l address th a t th e q u e stio n o f in ­ in th e H ouse. C o n g re ssm a n
c ip ro c a l re la tio n s fo r th e fre e coinage o f b u t nine n a tio n s represented in th e <
H a rtm a n
v isio n f o r th e u td im ite d coin a g e o f s ilv e r
te rn a tio n a l b im e ta llis m w ill h ave e a rly •O liv e r R e p u b lic a n !, sa id : " W e de sire to d o lla rs w e ig h in g 4 2 0 T ro y g ra in s , nine- s ilv e r. W h a t was done then w ill be done fe re n ce o f 1818; th irte e n repr.-sented in V " o r «ucb a m a tte r, and th u s c o n q u e r th e
a n d e a rn e st a tte n tia n . “ I t w ill be m y co n ­ re g is te r o u r u n q u a lifie d d e te s ta tio n a t th e te n th s fine, and m ade th e m le g a l te n d e r a g s .n d a rin g th e M- K .n le y a d m in is tra ­ th e co n fere n ce o f 1881. b u t at th e la s t dem on o f h a rd tim es. I f we aevepe th e
«xmference. held in B ru sse ls in 1892. I o p u lis t prem ises, as to th e pot«-n<-r o f th e
s ta n t e n d e a v o r." sa id he. " t o secure it idea em bodied in th e d e c la ra tio n th a t we
tio n and. as w ill be e x p la in e d a fio rtlv
fo r any a m o u n t n o t exceeding $5
T h is
by c o -o p e ra tio n w ith th e o th e r g re a t co m ­ m ust h ave th e consent o f th e le a d in g com
w ith e ve ry hope o f su<ve»a.
tw e n ty n a tio n s w ere represented and a ll G o v e rn m e n t fia t, th e P o p u lis t co n clu sio n
w a s done upon th e p e titio n o f th e R epub-
o f th e delegates w ere in th e ir seats t h - th a t the m oney m e ta l o r “ re d e m p tio n
m e rc ia l p o w e rs o f th e w >rld.”
T
h
e
C
o
n
f
e
r
e
n
c
e
o
f
m e rc ja l n a tio n s o f th e e a rth b e fo re we lic a n I-c g i-d a tu rc and R e p u b lic a n G o v ­
fir s t day th e co n fere n ce a*.*emb!ed. • • • m oney, is o f no consequence, is inevata-
It has been charge»! over and over again can le g is la te fo r ourselves.
Spe* :e p a y m e n ts w ere r t s ;im « | J aa> j
e rn o r o f C a lifo r n ia , presented b y th e Re—
W h ile th e m o n e ta ry c o n 9 -rem-es th a t have Me.
^ th a t : •
th e lo u d e st ci.
1 8 .9 . . n J P re s id e n t H a ye s w as a g s ia au-
<»n F e b ru a ry 2 6 th. w h e n th e b ill w as p u b lic a n S e n a to r fr».m th a t S ta te
The
H o w d iffe re n t is th e lo g ic o f th e Pogm.
been held w e re n o t su ccessful on the m ain
f o r th e fre e co in a g e o f s ilv e r upon th e u n d e r diacnss ..a in th e H ouse. M r. Coop­
a ct f u r t h e r p ro vid e d fo r th e use o f sil- I th o n z e d to Send d ^ e g a t,^ , to an interna­
ilu«*«.ion. th e y m ade s u b s ta n tia l progress ^ r a ts . T h e y c la im th a t th e fia t can m ake
bas s w h ic h th e people o f th e U n ite d er. o f T e x a s (S ilv e r D em ocrat», th re w cold
as s u b s id ia ry coin, so th a t, w ith th e i tio n a l m o n e ta ry conference, held, lik e the
in th e <*aus»> o f b im e ta llis m and helped to ■ hundred-«'ei>t d o lla r o ur o f 49 ce n ts’
S ta te s have de cla re d im p ra .-t: able, c ■ so w a te t on th e pro[x>sitioa in th e ope ning
e xce p tio n o f th e n ic k e l 5-ce n t piece and one rre » e d m g .:n P a ris . T h e U n it . d S : a t - »
« lu c a te th e people to open th e w a y fo r w .»nh o f s ilv e r b u llio n , and then th e y
a nd h ave done so f o r th e p u rp o se o f re- '
was
th
e
re
r»t-resen:<rd
by
W
illia
m
M.
E
v-
j
th
e
bronze
cent,
th
e
w
h
ite
m
e
ta
l
w
as
;
sentence o f h is speerh by s a y in g : " I be­
ta in in g th e ir h old upon p u b lic o ffice and lie ve th ia m easure to be s w iil- o ’ -tb e
able to become th e e n tire s m a ll change ! a rts , la te ly Se> r e u r y o f S ta te . A d e n G. th a t in te rn a tio n a l agre e m e nt w h ic h I s h rin k fro m th e consequence« o f their ow n
I believe p ro p o s itio n a nd d em and th e red e m p tio n
th e ir c o n tro l o f a c e rta in class o f v o te rs w isp.
T h u rm a n , la te U n ite d S ta te s S e n a to r hope w ill come a fte r a w h ile .
o f th e A m e ric a n p»-» pie a fte r th e resu m p
th e prospect f o r in te rn a tio n a l b im e ta llis m o f p a p e r issues in c o in .—M e m p h is S c im i­
o f th e ir S ta te s o r sections. I t has been
fro
m
O
h
io
;
T
O
.
H
o
w
e
,
la
te
U
n
ite
!
tio n o f specie p a ym e n t. I t d id n o t p ro ­
C o n tra s t th is a ttitu d e o f th e professed
is b e tte r now th a n e ve r before.
t a r (D e m u
cha rg e d th a t m a n y o f these tuen w ere
r ta?e* . i4* OMt‘,r f r o ® W iaeoaai
vid e fo r th e co in a g e o f th e o ld d o lla r o f
fn e n d s o f s ilv e r in th e lb*m »5cratic. Popu-
m oved by m e rc e n a ry m o tive s o f a m ore
I (ana H o rto n , whose services a t th e fo r ­
4 1 2 k j g ra in s . n in e -T rn th s fin e , becans*
*.st
and
S
ilv
e
r
R
e
p
u
b
lica
n
*
G r o w t h o f r» ilv e r <_ i r e u l a t i o n .
d ire c t c h a ra c te r in th e ow n e rs h ip o f s il­
B r y a n B e c o m i n g a P ln t o c r a t .
* * ■ S ..*’
*
th a t a m o u n t o f s ilv e r was w >rth m re
m er co n fe re n ce and whose aotboritative
th e n n g in g u tte ra n c e s o f tw o *** men.
ena­
T h e fo llo w in g ta b le issued by th e d ire c ­
v e r m ines, o r by b e in g d ir e c tly in the
M r. L r y a n i t lik e ly to become a bloated
w
r
itin
g
s
on
b
im
e
ta
llis
m
entitle»!
h
im
to
’
th
a
n
th
a
t,
fo
r
ye
a
rs
had
been
w
o
rth
m
o
r*
to r A llis o n and R e p re s e n ta tiv e D in g ie r
em ploy o f s ilv e r m in e o w n e rs . W h e th e r
t v d is in« ion. A ll th e delegates e i'-e p t to r o f th e I n ite d S ta te s m in t give s th e • *- ' r x t.
H e is m a k in g m oney, a« is
th a n 100 cents in g old, and w as no lo n g e r
thia is tr u e o r n o t. eTery m an w h o stu d ie s H e re a re some e x tra c ts fro m th e re m a rk s b ro u g h t to th e m in ts fo r coinage by o w n - ! one. M r. T h u rm a n , w ere a g a in R e p u b li- i p e r c a p ita c m -u la ti. n o f g old, s ilv e r and said, "h a n d o v e r fis t.“
W h e n "be w as
o f S e n a to r A llis o n , th e le a d e r o f th e Re­
pajK*r
in
several
c
o
u
n
trie
s
in
1873.
when
the a ttitu d e o f th e a lleged frie n d s o f s il­
i «ana. th o u g h th e Congress w h ic h passed
n o m in a te d he was re c e iv in g £K> per week
p u b lic a n p a rty i n th e Senate, and a m em ­ era o f b u llio n , b e in g m ore v a lu a b le in
s ilv e r was a lleged to have been " s tru c k
v e r in b o th houses o f C o ngress d u rin g
f r w r itin g m ore o r less able e d ito ria ls
th a t c o n d itio n th a n as coin. T h e G o v e rn j th e re s o lu tio n was D e m o c ra tic in b oth
l*he sessions b e g in on A p r il d- w n ” iu th e U n ite d S ta te s:
the re c e n t d iscu ssio n s upon th e in te r n a ­ ber o f th e la st in te rn a tio n a l b im e ta llic m e n t sta m p . inde»*d. in th a t case, w o u ld branches
« r an ( »maha new spaper. E v e r y th in g
co n fere n ce . C o n tra s t th e m w ith th e w o rd s
Country. (i,.ld. Silver i aper. T ta i. w as so d a rk a n ! fo rb id d in g th a t he w as
tio n a l b im e ta llic co n fe re n ce b ill, m u st be
19. 1881. Jan.es A . G a rfie ld be.ag P re s i­
have set i t f o r th to th e w o rld as w o r tfi
and a ttitu d e o f th e professed frie n d s . if
United
St
tesM’
»
24
£»
17»
$17
97
$21
3».
d
e
n
t
o
f
the
U
n
ite
d
States.
c o n vin ce d th a t th e y a re n o t th e
tru e
desiro q p o f g e ttin g a p o s itio n as a d vance
s ilv e r q u o te d above. <»a J a n u a ry 2 9 th . less th a n th e s ilv e r used to fo rm it. b u t
2 88
1 88
9 *.«• ag e nt fo r a tra v e lin g th e a tric a l trou p e ,
frie n d s o f s ilv e r, and th a t it is d iffic u lt
T h e r e . - n o f th ia P a r is conference o f G ’t B r ita in .. 5 ««3
w hen th e b ill w as u n d e r d iscu ssio n S en­ th a t a ct o f 1*»73 w as c a re fu l not to de­
F
r
a
n
c
e
..........12
47
13
83
1»»
67
3 6 99 w h it h m ig h t have paid h im $30 p er w«4*k.*
to e x p la in th e ir a ttitu d e by o th e r th a n
is fi..«*d w ith s ta te m e n ts w h ic h a t ­
m o n e tize th e s ilv e r d o lla rs a lre a d y coin
3 91
7 47
2 21
1.', .*•:« N o w be is b e g in n in g to r o ll in w e a lth .
«elfish m o tiv e s. A d d to th is th e f u r th e i a to r A llis o n s a id : "T h -.s e w h o b e lie ve in ed. c o n ta in in g in its s ix ty -s e v e n th and te s t th e a rd e n t s u p p o rt o f th e d,»ctrines o f Germany . .
Russ,a
.
,
an
in
te
rn
a
tio
n
a
l
agre
e
m
e
nt
on
th
is
su
b
­
1
81
23
b im e ta llis m
W h a t the la m en te d G a rfie ld
9 M H is book is b rin g in g h im an incom e o f
fa c t t h a t th e R e p u b jic a n p a rty is th e one
je c t a re n o t a b d ic a tin g th e p o w e r and ,n- la s t se ctio n an express p ro v is io n “ T h a t
75
86
had said in his in a u g u ra l re g a rd in g th e I I t a ly ............
27
4 88 m ore th a n $1»M a d a y and his p u b lis h e r
p o litic a l o rg a n iz a tio n w h ic h has fro m th e
th is a c t sh a ll not be co n s tru e d to affe ct
dependence o f o u r n a tio n , b u t are m a k in g
4 81
2 H
75
14 44 w o u ld be giad to b u y his in te re s t in the
fir s t urged a nd ta k e n p ra c tic a l steps In
pr«* ,ous m»**al» w as the lia s is uj»«»n w h ich I B e lg iu m . . .
an honest e n d e a vo r to b rin g these tw o any act done, r ig h t accru e d , o r p e n a lty in ­ a ll th e d e lega’ .« o f th e U n ite d Stages ' N e th e rla n d s 3 ••*»
9
16 56 w >rk f <r $-«O.O0l). M e a n w h ile , he p ic k s
fa T o r o f th e syste m w h ic h th e people o f
c u rre d upon fo rm e r a c ts : b u t e ve ry such
m e ta ls, now w id e ly separate«! in in te r
A u s tria H u n
98
1 11
st.»od th n m g h o u t th e pr>>tra«te»l argu
7 •
9 fifi up « tra y le c tu re dates a t $30» a n ig h t.
th e U n ite d S ta te s h a ve ju s t d e cla re d the
r
ig
h
t
is
hereby
save»!.”
A
n
d
am
ong
n a tio n a l va lu e , n e a re r and ne a re r, and
1 15
P re s id e n t G a rfie ld expressed A u s tra la s ia 19 23
29 38
F ro m a fin a n c ia l p o in t o f vie w tb e
o n ly fe a s ib le one w ith re fe re n ce to s ilv e r —
these, o f course, th e r ig h t o f the s ilv e r tuenta.
th e y b e lie ve th a t can )»e done bv th e ir i
I*e n m a rk . .
2 2S 4 16
h im s e lf as fo llo w s :
3 61
1«' f ifi w o rld is g ng v e ry w e ll w ith h im . M oney
n- d o lla r to pass as legal te n d e r w as c h ie f.
In te rn a tio n a l b im e ta llis m —and th e re can
te rc a tio n a l use. •
•
•
Sweden
.
.
.
.
41
1*8
" B y th e e x fie rie n re o f c o m m e rc ia l n a ­
prop»»si-
1 36
no lo n g e r re m a in a d o u b t in th e m in d o f
-
T h e F o r ty - th ir d Congress. R e p u b lica n
c ni,*s rolling in in a c o n s ta n t stream .
a y . . .. 4 22
th e ho n est s tu d e n t o f th ia s u b je c t.
A s Id Vdicv*1 f d
a°
89
1 28
6 31» H e s t ill a ffe c ts to be one o f th e masses.
in b o th branches, passed th e a ct p ro v id ­ tio n s . in a ll ages, it has been fo u n d th a t N o T rw
to t h . p a rt» .a d t h . m en « h o . r . , b . £
’/ * '
? ' S’ * ' " * » « • ' >
h
u
'
s it w ill be area, when the d o lla r o f b u t evinces no purpose to d iv id e w ith th e
in g fo r th e re su m p tio n o f sp e rie p a y ­ gold and S ilver a ffo rd th e o n ly safe f«»un
- repeated a cts o f Congress, and bv re
tr u e frie n d s o f th a t system w h ic h th e
m ent.
P re s id e n t G ra n t signed th is b ill d a tio n fo r a m o n e ta ry system . G o a fa - o u r «....: u« - was so "¡« ¡» -n tifu l/* we had an “ s tru g g lin g masses” o v e r w hom be w e p t
peated sta te m e n ts in p la tfo rm s , and n ever
when he w e n t a b o u t c a m p a ig n in g in *96
on J a n . 14. 1873. and u n d e r its p ro v is ­ atoa has re c e n tly been crea te ,! by a varia­ ave ra g e o f 15 <?ents ap ie ce ! B u t tw e n ty -
people h a ve o v e rw h e lm in g ly d e cla re d th e
d«"parted fro m in a sin g le instan.-e bv
io n s th e use o f s ilv e r as a money m eta l tio n in th e re la tiv e va lu e o f th e tw o m e t­ f«»ur years a f 'e r ' o u r sta n d a rd m oney w as —O h io S ta te J o u rn a l.
o n ly p ra c tic a b le one f o r th e re s to ra tio n o f
e ith e r o f th e g re a t p a rtie s u n til a t C h ica g o
--------------------------------------
p a rs in g c u rre n t a m ong th e pe»>p!e was a ls ; b u t I c o n fid e n tly believe th a t a r ­ c u t in tw o ‘ —a fte r th e s u ffe rin g o f so long
■ ilv e r—in te rn a tio n a l b im e ta llis m —th e d is ­
in IV *» . •
• • O p ponents o f th e b ill
ran g e m e nts can he m ade betw een the a p e rio d "u n d e r the b lig h tin g eff«»cts o f the
D o n t F ig h t t h e C a p h a l t h a t Y«»tt
cussions in th e F if t y - f o u r t h C ongress w ill
m ade possible, a fte r m a n y y e a rs use o l
je e r a t th e idea th a t th e re is a p o s s ib ilitv
le a d in g c o m m e rc ia l n a tio n s w h ic h w ill se­ gold s ta n d a rd “ —w e fin d th a t o u r p e r cap- '
N' *e«l a t H o m e .
d e p re cia te d p a p er
I f th e R e p u b lic a n
sh o w c o n c lu s iv e ly .
o f se cu rin g c o n c u rre n t a ctio n o f a n u m ­
has risen fro m 15 ceuts to j
cu re th e general use o f bo th m etals. *ta
P re s id e n t R ip le y , o f th e S a n ta F'e R a il-
W h e n S e n a to r C h a n d le r (R e p u b lic a n ),
p a rty had done n o th in g m ore th a n th is in
ber o f c o m m e rcia l n a tio n s o f th e w o rld
th e le g is la tiv e fie ld it w o u ld deserve w e ll • • • I f poaaiblc. such an a d ju s tm e n t $8.75. E xch a n g e .
r»»ad. in a r v e n t m e m o ria l to th e K a n ­
o n J a n u a ry 27. ISOS, asked u n a n im o u s
w ith th is c o u n try . • •
•
T h e re
o f th e re p u b lic.
B y m a k in g th e o b lig a ­ to be m ade th a t th e p u rc h a s in g p o w e r o f
sas I» e gisla tu re . s a id :
co n se nt to ta k e up in th e S enate th e b ill
n e ve r been a co n fe re n ce w h ic h has not
e ve ry enin«x! d o lla r w ill be e x a c tly e qual M c K in le y Is a M a n o f t h e P e o p le .
tio n » o f th e U n ite d S tate» p a y a b le in
a u th o r iz in g th e a p p o in tm e n t o f delegates
" M e a n tim e , do n o t a d v e rtis e to tha
W ith each s u c e e d in g d a y we have fresh
to its debt p a y in g p o w e r iu a ll the m a r­
to an in te rn a tio n a l co n fe re n ce on b ïm e ri
’ < ie on th e fir s t d a y o f J a n u a ry . 1879. it
w«»rld th a t in vested c a p ita l is u n sa fe in
k
e
ts
o
f
th
e
w
o
rld
.”
evidences o f M r. M c K in le y ’ s detennina
la id the w a y fo r th e h ig h e st possible u s *
.
.
.
-----------v e n tu re
K a n sa s, o r th a t re s o rt to th e c o u rts is
a llis m . a nd th e c a llin g o f th is co n fere n ce .
th e a sse rtio n th a t o u ts id e o f th e c o n tro l­ o f s ilv e r th ro u g h o u t th e la n d and a tta in e d
T o th e same effe»-t read (h is e x tra c t tio n to re v e rt to th e p ra c tk 'e s o f such necessary to p ro te e t the rig h ts o f c itiz e n s
i f necessary. S e n a to r P e ttig r e w (S ilv e r-
lin g p o rtio n o f G re a t B r ita in and perhaps
fro
m
M
r.
H
o
rto
n
's
note
presented
to
th
e
P re s id e n ts as G ra u t. A r t h u r aud H a r r i­ a g a in s t u n re a s.‘lia b le dem agogues o r h o n ­
th a t s ta n d a rd w h e re b y e v e ry d o lla r in c ir ­
R e p u b iie a n j. re fu se d u n a n im o u s consent,
also, the S c a n d in a v ia n S ta te s, th e re is n o t c u la tio n became e q u a lly and a ll as go.»«! conferwnce. in re la tio n to th e A iliw » n - son. and to step aside fro m th e new dc-
est b u t m is ta k e n a g ita to rs w h o im a g in e
a a y in g : " I c a n n o t y ie ld . M r. P re s id e n t: I
a c o u n try in E u ro p e th a t is not h. fa v o r as gold. 1’ o r .his It «les<*rv»»s th e sup|M»rt
B la n d bill: " B y th e la w o f Feb. 28. 1878. p a r t r r e in a u g u ra te d by M r. C l.-ve la n d . w ro n g s th a t have no existence, and be­
w is h to dispose o f th e a p p ro p ria tio u aud
o f th e e ffo rt w h ich is proposed h. re. and o f e ve ry honest l>eliever in b im e ta llis m .
*Le 1 n ite d S ta te s l*e< ame a teacher o f re ­ M itu
each succeeding d a y
w e are lie« e th a t th e in te re s ts o f the S ta te can
1 t h in k w e can b e tte r do i t n o w .”
w h ic h w ill not s u p p o rt it and a d vo ca te it
fo rm m on e ta ry d o c tria e .
T h e U n ite ,! stre n g th e n e d in the b e lie f th a t M r. M c ­
A n d in its s tru g g le to preserve its h ig h
l»e a dvanced by d riv in g a w a y c a p ita l o r
O n J a n u a ry 2 7 th
S e n a to r C h a n d le r
e x c e p tin g o n ly G e rm a n y , w h ic h stands
s ta n d a rd it m ust have h is su p p o rt, o r we S ta te s proposed to E u ro p e c o n c u rre n t K in le y fin d s th e custom s o f th e P re s i­ o n fis c a tin g th e p ro p e rty o f o th e rs .”
He
a g a in a tte m p te d to c a ll up th e b ill, and
upon a p iv o t, as to its p a rlia m e n ta ry s it ­ s h a ll s in k to th e le ve l o f M e x ic o , o r coinage o f s ilv e r and gold at one ra tio , den ts. fro m th e b e g in n in g dovvu ««» 18S5,
fu r t h e r show s th a t in ten y e a rs —fro m
S e n a to r D a n ie ls » S ilve r-D e m o cra t» , o b ­
u a tio n . a nd as to the» g o v e rn in g fo rce s Ja p a n .
with
a
v
ie
w
to
th
e
ir
<*onveoient
use
in
the
g««od enough fo r h im .
J a n . 1. 1887. to J a n . 1. 1897—th e m a rk e t
je c te d . a a y in g : “ 1 hope th e S e n a to r w ill
s u rro u n d in g th e E m p e ro r. I do n o t a d vo ­
c o u n trie s o f th e pro|x>se,l u n io n and the
W e have a lre a d y expressed o u r g r a tifi
value o f th e stocks o f th e fo u r c h ie f r a il­
n o t in te r r u p t me a t th is m o m e n t.” a nd in ­
T h e M o n c la r v C o m m is s io n .
ca te th is p o lic y because i t ¡ , foutJ(1 jn th e
c o m p a ra tiv e steadin«*«s o f th e ir r»*lati«»s c a tio n at fin d in g th a t M r. M c K in le y has w a y system s o f K a n s a s (th e U n io n P a ­
siste d upon r e ta in in g th e flo o r and d is­
O n th e 15th d a y o f A u g u s t. 1876. P re s ­
p la tfo r m adopted in S t. L o u is.
I advo-
to each o th e r every w h e re ."
confidence enough in h is fe llo w -c itiz e n s to cific . M is s o u ri P a c ific . R ock Is la n d an-1
id e n t G r a n t g ave his a p p ro v a l to th e
c u s s in g th e N ic a ra g u a C a n a l B ill, th u s
j ca te it because I believe it is i n th e in -
T h e B r u s s e ls C o n fe r e n c e .
leave th e W h ite H o u se g u ard# behiud and
A tc h is n) suffe re d a loss o f o ve r $200.-
a g a in p re v e n tin g th e d iscu ssio n o f th e bi
jo in t re s o lu tio n s a lre a d y passed by th e
T h e la s t in te rn a tio n a l m o n e ta ry c o n fe r­ w a lk a b o u t th e p u b lic s tre e ts lik e a n y o th ­
| te re s ta o f c o n c u rre n t c irc u la tio n o f these
OOO.OtO. and as to the la rg e r p a rt o f th e m
m e ta llic co n fe re n ce b ill.
R e p u b lica n S enate, w h e re b y a c o m m is ­
ence w as held at Brussels N ov. 22. 1892
tw o m e ta ls in th e w o rld , and because it
e r hum an being. W e now fin d th a t he is th e re has been no incom e w h a te v e r fo r
O n J a n u a ry 2 8 th . w hen S e n a to r C h a n d ­
sion w as e sta blish ed h a v in g f o r its ob
B«-njam in H a r ris o n b»*ing P re s id e n t o f capable o f g o in g in person to a h o s p ita l
p ro m o te , th e co m m e rcia l in te re st» o f th e
m an y years.
je c t a m ong o th e rs an in q u iry .
le r succeeded in g e ttin g th e b ill b e fore
th e U n ite d S tates. A s a t a ll fo rm e r as­
w o rld to m in im iz e the d iffe re n ce in th e
to v is it one o f his close frie n d s u n h a p p ily
F ir s t — In to th e change w h ic h has ta k e n
th e S enate. S e n a to r S te w a r t (S ilv e r-P o p ­
sem blages o f th e k in d th e A m e ric a n rep ­
p.»wer o f exchange betw een g re a t co n ­
s o jo u rn in g th e re as th e v ic tim o f au acci- F a r m e r s A r e t h e W e a lt h P r»xlu «© rs
place in th e re la tiv e v a lu ta o f gold and
u lis t ». a lth o u g h p ro te s tin g th a t he had no
re s e n , ta tio . n . w as „ la rg e ly . . R . e - p u b lica n . i t s
n e c tin g tra d e co u n trie s. O ne o r the o th e r
I t is a m a tte r o f in te re s t to k n o w w h a t
d e n t. M r. M c K in le y , in fa c t anttesm tn
s ilv e r ; th e m use s th e re o f, w h e th e r p e r­
d is p o s itio n to e m b a rra s s a nd b in d e r th e
m
em
bers
be
in
g
S
e
n
a
to
rs
\
\
illia
in
B.
A
lii-
*
• • ■ *
'
to
o f these tw o m etals, an lo n g as these con
be as k in d -h e a rte ,! as he is u n o s te n ta tio u s , o u r le a d in g crops are w o rth . T h e e s ti­
m a n e n t o r o th e rw is e ; th e effects th e re o f
passage o f th e b ill, proceeded to e m b a r­
d itio n a p re v a il, w ill be th e p a ra m o u n t
son, J o h n P . Jones. Jam es B. M cC re a .
np«»n trad e , com m erce and finance, and th e
not a t a ll disposed to segregate h im s e lf m ate s o f th e D e p a rtm e n t o f A g r ic u ltu re
rass a nd h in d e r it as f a r as possible by
H e n ry W . C a n n o n. E . B e n ja m in A n ­
m e ta l.
W h ic h o f th e m is to be p ara
p ro d u c tiv e in te re s ts o f th e c o u n try , and
fro m th e hu m a n race, o r to re p u d ia te th e g iv e th e fo llo w in g values o f e ig h t o f the
a a yin g . firs t, th a t it placed th e U n ite d
m o u n t u n til we h ave th e c o n c u rre n t ac­ upon th e s ta n d a rd o f va lu e in th is and d re w s o f B ro w n 's U n iv e r s ity , and E d w in sim p le tie s o f frie n d s h ip and a ffe c tio n . p rin c ip a l a g ric u ltu r a l p ro d u c ts o f th e
S ta te s in a h u m ilia tin g p o sitio n ; se«i»nd.
11. T e r r ill. M in is te r o f th e U n ite d S tate«
tio n o f n a tio n s ? I t is th a t w h ic h is th e o th e r c o u n trie s.
T h e illu s tr io u s p o s itio n to w h ic h he has U n ite d S ta te s ia 1896: C o rn , a t 21.3
th a t th e re a re " g ra v e o b je c tip n s ” to in te r ­
to B e lg iu m . T h e o b je c t th e y had in v ie w
sta n d a rd in th e n a tio n s h a v in g th e c h ie f
l»»*en e levated docs not change his d ispo­ cents p er bushel. S41XI.000.000; hay. at
n a tio n a l m oney, w h ic h o u g h t to m a ke us tra d e o f th e w o rld .
Second—In
t
o
th
e
p
o
lic
y
o
f
th
e
re
s
to
ra
­
is indicate«! in th e le tte r o f in s tru c tio n s
W h o a re these n a ­
s itio n o r fill h im w ith co n ce it. —W a s h in g ­ $6.55 i»er to n . $ 3 8 8.146.(<X»; w h e a t, a t
h e s ita te b e fo re w e e n te r in to a n y c o m ­
tio n s ?
A re th e y C h in n . Ja p a n o r the tio n o f th e d o uble s ta n d a rd in th is c o u n ­ w ith w h ic h th e y w ere s u p p lie d by J o h n
72.6 o*n ts. $310.603,000; oats, at 1S.7
ton Post.
t r y ; and i f restore»!, w h a t the legal r a tio
p a ct w ith th e w o r ld ; th ir d , th a t th e es­ S o u th A m e ric a n S tates, some o f them
W . F o s te r. S e c re ta ry o f S tate. In it he
cents. $ 132.485.» kk »: potatoes, at 28.6
b etw een th e tw o coins, s ilv e r and c o ld
ta b lis h m e n t o f such m oney w o u ld "c a u s e
says:
W h y I m p o r t a t i o n s H a v e D e c r e a s e d . cents. $72.182,000; b a rle y , a t 32.3 ce n t*.
h a v in g a gold s ta n d a rd and some o f them
sh o u ld be.
g re a t in c o n v e n ie n ce to those in v o lv e d ¡n h a v in g a s ilv e r s ta n d a rd , aud a ll o f th e m
“ I t is th e o p in io n o f th e P re s id e n t (M r.
T h e in v e s tig a tio n s o f the W a y s and $22.491.000: rye. at 40.9 cents, $9.961,-
A t th e head o f th is bo d y, s h o w in g th e
th e c o m p lic a tio n ,” and ended by d e c la rin g h a v in g a d e p re cia te d p a p e r a ta n d .'rd ’ b «
H a r ris o n ) and. as he believes, o f th e p»*o- M eans C o m m itte e show th a t th e reason (*(0 ; aud tobacco, a t 6 cents per pouud.
hia o p p o s itio n to in te rn a tio n a l m oney and one?
H e re lies E u ro p e, w ith i t 7 . i l v i j
same r«*gard fo r th e in te re s ts o f s ilv e r p le o f th e U n ite d S ta te s, w ith s in g u la r
f,»r th«* decreast-d va lu e o f im p o rta tio n s $24.258.000. m a k in g a to ta l o f $1.451.-
, .
-
- -
— — s ilv e r
w h ic h has a lw a y s c h a ra c te riz e d R e p u b ­ u n a n im ity , th a t th e f u ll use o f s ilv e r as a
d e n o u n c in g th e p ro p o s itio n as
fa ke , and its g old, h a v in g th e g old s ta n d a rd .
u n d e r th«* \ \ ilso n b ill au«i the a p p are n t 136,000. la o th e r w ords, th e fa rm e rs o f
lic a n le g is la tio n , was place»! S e n a to r J o h n
an o ld fa k e .”
coined m e ta l a t th e r a tio to gold to be la rg e excess in th e va lu e o f e x p o rts is not thiX c o u n try raised in one y e a r these e ig h t
: w ith a tra d e tw e lv e tim e s as g re a t as a ll
O n J a n u a ry 2 i)th . w h e n th e b ill w «» th e tra d e o f a ll th e s ilv e r c o u n trie s com ­ P. Jon»*«, o f N evada. H is colleagues fro m
fix e d by a g re e m e nt betw een th e g re a t a lto g e th e r th a t we are e x p o rtin g m ore and
a rtic le s to a va lu e about $230.000.000
th
e
S
enate
w
e
re
G
e
o
rg
e
S.
B
o
u
t
w
e
ll,
a
a g a in ca lle d up. S e n a to r V ila s ((¡o ld D e m ­ bined.
c o m m e rc ia l n a tio n s o f th e w o rld w o u ld im p o rtin g less, in p ro p o rtio n , th a n f o r ­ g re a te r th a n o u r to ta l in te re s t-b c a riu g
T h e re fo re , unless w e can m in i­
o c ra t). spoke a g a in s t it. s a y in g : “ I d e sire m ize th e difference in th e va lu e o f these d is tin g u is h e d R e p u b lic a n , and L e w is V
v e ry h ig h ly p ro m o te th e p ro s p e rity o f the m e rly . b u t th a t o u r ex|K»rts are valued as
and n«va-intereat b»*ariug n a tio u a l debt a t
B o g y, a D e m o c ra t.
R ic h a rd p. B la n d
s im p ly to express m y o p p o s itio n to th is tw o m e ta ls in th e e xch a ng e o f th e w o rld ,
people o f a ll th e c o u n tn i's o f th e w o rld . h e re to fo re at th e f u ll p rice, and th e ad
th e end o f 181 6.
and R a n d a ll L . G ib so n . D e m o c ra ts , and
b ill. " a nd proceeded to do so to th e e x ­
F
o
r
th
is
reason
y
o
u
r
fir
s
t
and
m
ost
im
­
va lo re m rates o f th e W ils o n b ill e n c o u r­
th is d ive rg e n ce w ill go on and th e people
te n t o f re m a rk s c o v e rin g se ve ra l pages o f w h o have th e s ilv e r m oney a re those w h o G eorge W illa r d . R e p u b lica n , represented p o rta n t d u ty w ill l»e to secure, i f possible, age th e u n d e rv a lu a tio n o f im p o rts , as ad
I n d u s t r ie « A r c I m p r o v in g .
th e H o use and W illia m 8 . G roesbeck o f
th e C o n g re s s io n a l R ecord.
w ill be m ost distressed in th e exchanges C in c in n a ti, a D e m o c ra t, and P ro f. F ra n ­ an agre e m e nt am ong th e c h ie f c o m m e r­ va lo re m rate s have a lw a y s d<»ne. T h is
D u n 's R e vie w , a very h ig h a u th o rity
O n J a n u a ry 2 9 th . d u rin g th e d iscu ssio n w h ic h a re necessary to be m ade.”
c ia l n a tio n s o f tin* w o rld lo o k in g to in ­
and au a b s o lu te ly f a ir one. iu a recent
c is B o w e n , o f H a r v a r d College, a R e­ te rn a tio n a l b im e ta llis m —th a t is. th e u n ­ e ffect has been e sp e cia lly n o tic e a b le in
o f th e b ill, S e n a to r P e ttig r e w ( S ilv e r R e­
th e c h e m ica l s c h c lu le , in w h ic h th e sub­ a rtic le on th e c o n d itio n o f the in d u s trie s
O n F e b ru a ry 2Htb. d u rin g th e discussion p u b lic a n . wen* added to th e com m ission
pub lica n ». s a id : " I w is h to reco rd m y p ro ­ in th e H ouse, R e p re s e n ta tiv e
lim ite d co in a g e o f gold and s ilv e r in to
D in g ie y
as e xp e rts. T h e S e c re ta ry was G eorge m oney o f f u ll d ebt p a y in g p o w e r a t a s titu tio n . in th«* W ils o n -G o rm a n b ill, o f ad o f th e c o u n try says:
te s t a g a in s t th e passage o f th is b ill, ” and sa id :
v a lo re m fo r «¡»ecific ra te s was m ore gen­
T h e re is a very g e neral increase in the
M
.
W
e
sto
n
,
o
f
M
a
in
e
,
a
R
e
p
u
b
lica
n.
fixe«! ra tio in coinage com m on to a ll the e ra l u m l sw e e p in g th a n in any o th e r sched­
proceeded to d e ta il b is reasons fo r opjse
" T h e R e p u b lica n p a rty at S t. L o u is de­
w o rk in g fo rce , m ore e s ta b lis h m e n ts h a v ­
T h e m in o r ity re p o rt o f th re e m em bers a g re e in g p o w e rs .”
a itio n a t c o n s id e ra b le le n g th .
ule. T h e d e clin e in th e in vo ice d v a lu e o f in g start«*»! iu the ir«tu aud steel m a n u fa c ­
c la re d a g a in s t th e fre e coinage o f s ilv e r o f th e co m m issio n , headed by S e n a to r
T h e re p o rt o f th e A m e ric a n delegates
O n J a n u a ry 2 9 th . d u rin g th e d is in s - by th e in d e p en d e n t a e tio u o f th e c o u n try ,
Jones. de»*larea in fa v o r o f th e fre e c o in ­ show s th a t th e p ro g ra m p re p a re ,! on be­ im p o rts is too g re a t to be a c c o u n t'd fo r tu re . in th e k»ot and shoe and th e vvooleu
aion o f th e b ill. S e n a to r A lle n (S ilv e r P op­ ¡►c«ause th e y believed, as I believe, and
by o rd in a r y flu c tu a tio n s o f prices o r even m a n u fa c tu re , in the coke w o rk s , and in
age o f s ilv e r nt th e r a tio o f
to 1—th e
h a lf o f th e U n ite d S ta te s c o n ta in in g the by h a rd tim es.
u lis t) , presented a lo n g a rg u m e n t io show as e v e ry s c ie n tific b im e ta llis t in th e w o rld
m a n y u u u o r brauchea. w h ile th e curtail­
s ta n d a rd o f th e L a tin U n io n : w h ile th e
•e
n
tin
ie
n
ts
,
“
th
a
t
in
th
e
opinion
o
f
th
is
th a t th e e ffo rt w o u ld be u n su cce ssfu l. am i o u ts id e o f js d itic s believes, th a t such in -
m ent in c o tto u m a n u fa c tu re is w e ll o b ­
m a jo rit« re p o rt re g a rd s th e fa ll in p ric e co n fe re n ce it is d e s ira b le th a t some m eas­
Don't C o m p la in A lm u t P e n s io n a .
said o f th e b ill: " I t is a useless th in g . I t depen d e u t fr»*e co in a g e o f s ilv e r a t th e
served. b u t is in p a rt balanced by the
o f th e w h ite m e ta l as te n i[> o ra ry and d i­ u re m ay be form«*»! fo r in c re a s in g th e u*«*
is a w o rk o r a u [ie re ro g a tio n .”
T h e w ealth o f F ra n c e is estim ate«! a t s ta rtin g o f some m ills not a ffected by the
r a tio o f It» to 1. is n o th in g in th e w o rld
re c tly d u e to its recent d e m o n e tiz a tio n
o f s ilv e r iu th e c u rre n c y system o f th e $ 12.1 * h i . ih u m »"(». th a t o f G e rm a n v at $3”
O n J a n u a ry 2 9 th . d u rin g th e d scusmou but s ilv e r m o n o m e ta llis m . B u t th e p a rty
agreem ent. A s trik e o f ta n n e rs o f C h i­
by fiv e n a tio n s.
n a tio n s " re«*eiving the a p p ro v a l o f uearly in k i . im S i . ih ii » „ lid th a t o f the U n ite d S ta te s
o f Lb-» b ill, S e n a to r C a n n o n (Silver-Repub- »aid at th e sam e tim e th a t th e y w o u ld
cago is th e o n ’ y la b o r d iffic u lty o f m uch
N e ith e r M r. G roesbeck. M r. B la n d , M r.
every uue of the nations p resen t
at $62,000,000,ÜU0.
T h e p o p u la tio n o f
iu ilto rta n c e .
The R epublicans Offer the Only F ea­
sible M ethod of Its Use.
They Have Urged International Bimetallism
for Manv Years.
In te r n a tio n a l
B im e ta llic C o n f e r e n c e s
C a lle d by T h e m .
W ere
The Silver Shouters in Democratic and Populist Ranks Are
Opposing International Action.
r