The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1879-05-15

not using the army when other means ha
failed TO protect honest men and eleCtio
officers against thugs, assassins and re-
shirted bands, who would again undertak
10 overthraw the people at the polls.
Mr.. Voorhees, Who Is 10 be iudgep
Mr.. ElmunIls-So far as my vote Is con
Cerned am the Judge. ~
MIR. yoorhees-So am 1.-THE Senator In
timated that was In favor Of free fight
at the polls. | hope he will say that b.
did not mean 10 say 80.
Mr.. Edmunds-l accept with due hu
millty the rebuke OF my friend from In
diana, who intimated that we favored In
reference at the polls at the point Of th,
bayonet.
Mr.. Morrill's amendment was then re
jected and Mr.. BeCk's agreed To-.
Alter an Executive session the Senate
adjourned.
After the passage Of the bill allowing
expenditures for the purchase Of sites ii
connection with the Improvement OF the
Kentucky and Great Kanawha rivers, anC
OF the bill for Commission TO lease Q
building for the Washington City post
office, Mr.. Warner attempted to have his
silver bill considered, but failed to obtain
the necessary two.ihirds vote.
The business Of the morning hour was
taken up with the bill In regard to the
transfer OF cases from the State to the Fed.
eral Courts, after which the Senate
bill removing the political disabilities ol
John s. Saunders, Of Baltimore, was
passed.
The House then resumed consideration
oil the bill 70 amend the laws relating to
coinage and to coin and bullion certiii.
Gates.
Mr.. Ford made a speech avowing him.
self favor Of double standard Of gold
and silver: He thought that from the be.
ginning the standard silver dollar had
been coined too light, and sooner or later
this Government would have 10 come to
the other governments. OF the earth and
readjust Its gold and silver. He defended
as a wise measure the act for the coinage
Of the trade dollar, and denied that It was
a trick dollar.
The day had gone by when the crowds
could be controlled by shouting 'bond-
holder" and trick"
The third section Of the bill invited the
whole world to come to the United States
with ships laden down with silver bullion
and unload it into the Treasury at par.
II the gentleman from Ohio (Warner)
had called upon the Bank of England, the
or August Belmont, to draw
up the third section they could not have
pleased themselves better. II was vir-
tually compelling the United States to pay
q premium OF 10 per cent on every ounce
Of silver. He was in favor OF Unlimited
coinage, but not free coinage to all OF the
world, and section of the bill provided
that If August Belmont did not want TO
wait for coinage he could deposit his
bullion and obtain certificates for it at par.
II this bill were passed August Belmont
could make ten millions in ten days. Sec.
ton 0 repealed the laws remonetizing sill.
yer, which he had hoped would stand to
the end OF the 6 government US a notice to
all comers that they had better leave the
tin kering OF currency alone.
t1Mr. Ewing said the first and most seri.
Gus objection to the bill was that the Gov.
ernment would lose the difference be.
tween the present bullion value and coin
value OF silver. He understood that an
amendment was being considered by
friends OF the bill which would meet this
objection. That amendment provided an
issue Of certificates for bullion, leaving the
coinage free and unlimited. He should
be quite satisfied to have that amendment
adopted, provided 1t left to silver its full
character OF money metal. He opposed
the amendment offered by Kimmel, in
creasing the standard dollar to 400 grains
silver.
It was not time 10 change the value OF
gold or silver. Let Congress remonetize
silver, and II a large difference remained
between the gold aud silver dollar then it
would be time to determine by what
method they should be equalized. He
that it was desirable to equalize
gold and silver dollars and to lot them float
here and abroad with the same value. In
order to make them equal It was not nee
essary to increase the silver dollar. The
gold dollar might be brought down some
aud the silver dollar brought up some,
though more Just plan would be that
adopted in 1884, which had brought high.
or priced coin down instead OF putting
lower priced coin up. The United States
was the great silver producer Of the world
and the advocates otsthis bill were appeal
ing to the representatives OF the people to
let the great American money product be
money instead OF letting 1t be demone-
ttzed. Applause on the Democratic side,
II he were the strongest advocate OF re.
he would say reinforce your
gold with all the silver money you can at
the old ratio OF 10 to 1.-the highest rate
ever established between silver and coId)
and when foreign trade turns against you
lityou should turn and when you have got
to send your bonds or gold to Europe. II
you have $200,000,00O or $500, 100000 in
silver coin behind your gold you can send
your gold coin and not subject yourself to
humiliation and shock OF suspension Of
specie payments. Applause on the Demo-
cratic side.
Referring to the demonetization Of sill
yer by the nations OF the world, he said
the reason for it was that the usurers OF
The world had combined to double their
wealth, to double private and public debts
and 70 double private expenditures on the
shoulders OF the laboring masses OF the
people. 1t was gigantic and monstrous
conspiracy against the people OF the world.
He referred TO the demonetization act OF
1873, as q damned fraud" 1t would be
as well to search for the murderer Of Ma
than, as to search for the man who put
upon that law, the demonetization OF the
silver dollar. [applause on the Demo.
cratic side.
OF course (he said ironically) 1t was
a mistake. 1t only added fve billions to
the wealth Of the creditor class. It was a
but men did not often make so
much money by a mistake.
Mr.. Kelly-Was 1t not more OF an acci.
dent than mistake?
Mr.. Ewing replied that he did not be-
lieve 1t was an accident. He believed that
1t was IN ingenious, well devised, secretly
executed fraud on the American people.
| Applause on the Democratic side.l The
stealth with which it was done only
Illustrated the saying in the Merry Wives
Of Windsor, "Where money goes before
all ways lie open."
The people OF Europe and the United
States were laboring under heavy weight
6l public and private debts and taxation.
There must come some relief; there must