Western Kansas world. [volume] (WaKeeney, Kan.) 1885-current, 1890-06-14
sHz,FaS's SILVER SPEECH.

Senator Sherman said that he believed that
treasury notes. based on silver bullion would
be as safe a substitute for paper money a.
could be conceived. He did not fear to give
to those treasury notes every sanction and
value that the United States could confer.
He did not object to their being made legal
tender for all debts, public and private That
Was far preferable to the free coinage OF
silver.
As to the demonstration of silver IN 1873,
silver at that time was worth $l.OS as COM
pared with gold. He and Senator Morrill,
voted against that bill and were denounced
asconspir atOrs for doing so by the PacInc
coast senator's. who pose as victims OF that
measure.
Free coinage of silver now would be to de-
monetize gold, which would be boarded and
exported; and silver would be the only stand
ard money of the United States The pound
sterling would be worth IS instead OF S4-S2,
and the American dollar would be las IN
colonial tines worth three English shlIhn2s
or four francs
He would vote for any measure that would
secure and maintain bi-metalc standard
SILVER IN THE house.
The republican caucus silver bill was
offered as a substitute. after the measure had
been made a special order and a time liked
for final action upon It
PLUMB PLEADING.
Senator Plumb addressed the senate on
the silver question. He believed everybody
thought an increase of currency needed. The
circulation to-day Is less than 1876, and
meantime the volume of business had
doubled. National bank currency Is being
rapidly withdrawn with no provision for a
substitute for it. Free coinage of silver
would about supply the loss of national bank
currency; not more. During the next year
the loss of national bank circulation viii be
as much as could be got from free coinage.
SILVER N TIE HOUSE
The discussion of the silver bills IN the
house proves but a repetition of arguments,
made to get on record.
During the debate, Mr.. Dorsey, Of Ne
braska, said if the secretary, Window, had
purchased and coined the maximum amount
of silver allowed under existing law, four
millions per month. there would have been
no need of this discussion, and he would
have strengthened the administration Of
President Harrison.
BILLS PASSED II SENATE
Senate bill for another Judge for Arizona;
senate bill for compulsory education of In
dian children; senate bill granting the right
Of way through the Indian territory to the
Hutchinson & Southern Railroad company,
a line from Anthony, Kan, to a point IN
GreysOn county, Texas: house bill to grant
the Guthrie 4 Western Railroad company:
house bill to prevent desertions from the
army by withholding part - the soldiers
monthly pay as deposit, etc
SILVER BILL PASSES THE HOUSE.
The substitute silver bill was passed By the
house, yeas 135: nays 119. Anderson Kelley
and Turner, of Kansas, voted with the dem
ocrats against the bill.
cocKRELs SILVER Talk.
Senator CockreH said that ali the benefit
hat could be claimed for the proposed bill
vas that the secretary would be compelled to
purchase 600 600 worth of silver every month
more than he now had the right to purchase,
md that the currency would be increased 70
hat extent. He asked whether there was
my valid reason justifying the continuance
If tn existing discrimination In favor of the
rec and unlimited coinage of gold, and Of
he issue of gold certificates for gold bullion,
md against the free and unlimited coinage
If silver bullion IN standard dollars and the
ssue Of certificates for silver bullion.
HOUSE SILVER BILL
The house silver bill was received and on
notion of Senator Teller vas ordered printed
md laid ON the table; without reference to
ommittee.
NEAT PRoDUCTs.
Senator Vest got ND his bill from the select
ommittee on the transportation and sale Of
neat products, but, for want of quorum,
70 action was had.
PRIVATE LEGIsLATIoS.
The house spent days session upon mat
ers relating to the District of Columbia and
q evening on private pension bills.