Savannah morning news. [volume] (Savannah) 1868-1887, 1886-04-08
BRITISH GOLD A DESP0T.
WALL STREET PLAYING FAR
ROT TO LOMBARD STREET.

His Keen satire During "a Debate on
the silver Question-A Vote to be
Taken To-day,
WASHINGTON, April Tn the House
to-day at tne expiration OF the morning
hour the debate on the silver bill was re-
sumed. Mr.. Bland, Of Missouri, entered
a motion TO recommit the bill, which mo-
tlon will not be acted on until the close of
the debate. He then proceeded with an
argument in favor of free coinage of sill
yer, and gave resume of the circum-
stances attending the characterization of
silver in 1878.
MR.. NORWOOD SARCASTIC.
Mr.. Norwood, of Georgia, in a very sar-
castle manner bore testimony to the
wonderful knowledge possessed by all
men on the question of finance, and then
paid bis respects in a humorous manner
to several of the gentlemen who had pre-
ceded him IN the debate, especially ad-
dressing himself to satirizIng of the
speech Of Mr.. Flndlay, Of Maryland. In
a quaint discursve way ne defended the
standard dollar from the charge OF dis
honesty maAe by the gold men, and at
trihuted th6attaeks made upon 1t tn the
influence Of Great Britain. Lombard
ebiC eRihs IC fNhNt itafi utiA"A 10
worth only so CENTS" and Wall street re-
peated, "rhe American dollar is worth
only 50 cents"
WALL STREET PARROT.
Lombard street said: "The American
dollar is a fraud and a lie" and Wall
street repeated the insult and said: "The
American dollar is fraud and he"
Lombard street said: "Ihe American
dollar is nothing but bullion" and Wall
street, like starring, repeated the slah-
der and said: Yes, the American dollar
is nothing but bullion"
A hundred years ago there had been
some rebels in the country who had re-
corded in almost forgotten manuscript
declaration that Congress should coin the
money of the United States and regulate
the value thereof. Prior TO that the King
bad coined the money. Should |, gentle
men, he condemned Tor maintaining that
coin of the United States should be regu
lated by Congress, and not by Great
Britain and Lombard street?
A DEsPOTIsM OF GOLD.
While the United States saved the Queen
the trouble OF coming its money, she reg
ulated its value. The country had es-
capped from the tyranny Of the British
crown only 10 fall under the despotism OF
British gold. He then defined his position
on the pending question, pointing out tie
difficulties ana dangers which attended
an advance or retreat, and maintaining
that the wisest course was 10 allow the
existing law TO remain UNCHANGED.
Mr.. McComas, OF Maryland. advocated
the double standard and Nj. Bayne, of
Pennsylvania, favored a suspension of
silver coinage.
THE TIME FOR THE VOTE.
Mr.. Bland asked unanimous consent in
of
who desired to speak on the silver ques-
ton that the vote, which is ordered for to-
morrow al 3 O'Clock. should be postponed
until O'Clock Saturday, but, as that day
had been set aside Tor consideration OF
bills reported by the Committee on Com
merce, member of that committee OBJ
jected, and a member Of the Committee
on Claims objected TO postpOn pment until
Friday II WAS agreed, however, that
vote should not be taken until ; 80 O'Clock
tomorrow. The House then, at O'Clock,
took recess until 7 O'Clock,
DANIEL DEFENDS SILVER.
The debate on the silver bill was con-
tinued at the evening session. Seven
members on the floor and an equal mum
her OF spectators in the galleries composed
the audience that was called TO order by
the Speaker. Mr.. Daniel OF Virginia,
took "A stand against the suspension a.
sttNpi coIudSc3 uecidFluB tuaL the stand
ard dollar was the one bulwark between
The people ana monopoly The banks
heid goa. Inc government mad its
hand upon the greenback, aud the
people we're told that silver was not
wholesome for them, IL the coinage
OF SILVER was stopped, contraction
would follow, and after contraction came
bankruptcy ard rum. The silver dollar
was not only an honest dol Jar, hut the
most honest dollar That mad emanated
from the treasury. ibe tend uey OF free
SILVER euiuaee "nulu ~ hVb ~ carry &olo
a.3,,,a ,o,li 'Tbo dr,,,,,,,t Xxx, ~. ~
c1,{no'5a ~ stlVar v,Jo,,ld dr'ya IA trn,,
Inc ca',ntrv Gas Inn seoone ad't;l,n os
IL old ,,ro,,hso,, MI, IN fs-s tt',t 80
Ii,,i,,.i c,,, -, ,,,''l.i iri,,,,,e III '0'
~ rroasa, si5,,st,o, ~ ~. '.a,,.,,,
,..,i,4r,s,d4 uyitt co,,l;,t,.,, 49,
$500 ,t,t ~, ~, $50. Ia ~ 80
9r,'a.ad ,i,,,,o ~ See an, IN - 81, ,,i
90 1na 0oo - IN II, go" -
-, ,eij t,,t n a,,, Icy. C.,,id
drive out gold.
MR., CRISP s ARG uMENT.
Mr.. Crisp, of Georgia, opposed any
proposition 70 increase the amount Of sill
yer IN the standard dollar for the reason
tnat tue bullion value OF tbat dollar was
~ 80 49,. rotio5 ~ 80 e,.,rI, ~ n.y.
posed also the proposition TO suspend eli.
yer coinage maintaiuing tnatthe interests
OF the West aud south were contrary 10