Los Angeles herald., 1890-05-22
THAT SILVER PLANK.
What Does 1t Mean in the
Republican Platform?
1t Is a Case of Tweedledum and
Tweedledee.
In the West 1t Is Interpreted to Mean
Free Coinage.
The Eastern Gold Bugs Take the Opposite
View of It-Stewart Addresses the
Senate.
Associated Press Dispatches. |


WASHINGTON, May 21.-In the senate,
today, the resignation of Sergeant-at-
Arms Canaday was received and laid on
the table. The silver bill was taken up,
and Stewart proceeded to address the
senate.
Stewart argued that the demonetiza-
ton of silver had depressed the prices Of
commodities from thirty to forty per
cent, and its reconciliation would pro-
duce good times again. The object of
the silver men was to furnish more
money, to stop contraction, to relieve
the debtor and producer, and preserve to
the people their rights of property and
liberty. The republican party had in
corporated in its national platform a
declaration in favor OF h0th
gold and silver, and o0nd8mning
the policy of the democra tie adloinistra-
ton in its efforts to demOnetize silver
The bill recommends by the secretary
of the treasury and supported by Sen
ators Sherman and Dolph, was cum
ming device to stop the present coinage
of two million dollars month in silver,
under the Bland bill. In conclusion he
said there was no middle ground in the
contest between usury and justice. The
demonetization of silver was crime
against civilization, and nothing but the
full restoration of that metal to the
place which it occupied before the crime
was committed could redress the wrong
or redeem the pledge of the republican
party.
Eustis asked Stewart whether his in
depreciation of the silver plank of the re-
publican platform (that it meant free
coinage Of silver, was the recognized in
depreciation of the party.
Stewart replied that it could have no
other Interpretation, and added that he
himself had drawn that plank.
Farwell-I was member of the COM
mittee on resolutions of the last national
convention, and I desire to express my
dissent to the opinion given by the SEN
ator from Nevada. No such interpreta-
ton was considered by that committee.
Stewart-What does it mean?
Farwell-That the party was in favor
of silver money at the market price of
silver. | drew the resolution, as the
senator well knows, and it was perfectly
honest and fair. 1t meant that the gov
eTlllIleII SIlOulu Duy silver anu coin III at
the rate at which it should cost the gov
ernment.
Stewart-That is a mere bubble.
Wilson, of Iowa, gave notice of an
amendment providing that the treasury
notes to be issued for silver bullion shall
be legal tender for all private debts
within the United States.
Farwell gave notice of an amendment
providing that the certificates shall be
receivable for customs, taxes and public
debts, and be legal tender for all public
and private debts.
The silver bill was then laid aside and
the bill in relation to liquor imported
into prohibitory states was again taken
up.
Evarts argued in support of it, and in
answer to constitutional objections he
argued against it, asserted that what
ever state police regulations can be ex-
ercised within state, are outside of the
jurisdiction of the general government.
The police regulations of state could
not be bombarded from the outside
under cover of the exclusive power of
congress over commerce.
Hiscock opposed the bill.
The bill was laid aside without action,