The state rights democrat. [volume] (Albany, Linn County, Oregon) 1865-1900, 1890-06-20

WASHINGTON

silver question, Mr.. sherman said that lac
had not intended TO discuss the suject until
some practical measure had been brought
forward, because the bill reported from
the finance committee was only an uneasy
ghost, wandering without father, without
compass, without guide, with no one 10 call
for vote upon Il, ard no one to demand n
solution of the difficult problem. But as
he was compelled to absent himself upon
more important business, he availed lin
self OF the present opportunity 10 say
something which he had written. He
harangued against the free coinage idea,
aud quoted certain figures from govern
ment report. the accuracy of which was
instantly challenged by Senator Teller.
Mr. Sherman Insisted that the figures were
from government rcport and therefore
must be correct, and wanted to know what
newspaper scrap would be brought In to
eontrovert what he had read Senator
Teller stil politely insisted that the truth
had not been told, and wanted TO correct
the statement before Il was made public.
Mr. Sherman however would no, yield the
floor
On Thursday Mr. Mckinley reported
resolution that the House Immediately
consider his silver bill, until Saturday at
; p, ~, when the previous question should
be considered as ordered, forty minutes
were given for debate.
Mr. Blunt said that he had no objection
to the time allowed for debate, but that the
chairman of the committee of coinage,
weights and measures would be allowed to
offer all the amendments that we're al
n,isSable under the rules of the House and
be given no opportunity to the minority to
offer any amendment, or TO ask the flou,c
to vote on the free coinage OF silver. Al
the republican caucus the other night there
had been much discussion and Il was
necessary to Ship In the friends of free
silver by this resolution. II was wicked,
shameful aud an outrage on the minority.
There were many republicans who would
vote for free silver but for fear OF the
president, who was In accord With the sec
Rotary of the treasury and both In accord
with Wall street. It was a humilla,ing
sight 10 an American citizen when In the
presence of the President the republicans
were driven to trampling down the rules
OF the House. II the majority and the
President yielded to the money power the
masses hereafter would dictate and enforce
| legislation.
Mr. Rland said that there was no doubt
but that a large majority of the House
favored the unlimited coinage of silver,
and in order to prevent that fact from ap-
/ pearing on the record Il was necessary To
gag all the democrats and many of the re
public ans. Mr. Williams said that the res.
olution was intended to prevent the major
ity from legislation, but the slick drivers
of :he republican flock easily rounde d
most of II up, and gained their point as us
ual. I7o yeas M nays. The passage OF
this resolution has thoroughly discouraged
the free silver men, and they mean to
strive no more for their measure this Fes-
sion but accept the House bill which will
pass, and endeavor, in vain, 10 have II
amended In respect to the bullion clause.
This bill, which goes into effect 30 days
after It's passage, directs the passage OF
81, soc, 900 worth OF silver every mouth. to
be paid for by silver bullion treasury notes,
redeemable in coin, and made legal ten.
der for all debts, public or private, except
where otherwise stipulated in contract
The secretary of the treasury may redce m
them In silver bullion at the narxet price,
and may coin such bullion as is needed to
coinage act is repealed. II silver goes ur
to par coinage shall be free. FINALLY
500, 900 held in the treasury as re
demption fund, for the notes of retired nz.
tional banks, is to be turned into the gen
eral fund
The business men are now having a
hearing before the finance committee oi
the senate, in protest against the injustice
of the Mckinley bill. MIR a II Saxton, oi
New York, represented the jobbing hard
ware trade of the United States and an in.
vesiment of $6o,ooO,ooo. He fully and
strongly exposed the misstatements OF the
cutlery manufacturers by which trey had
induced the committee on ways and means
to reduce the cutlery rates. He showed
by their own statements and governmental
statistics that their products have increased
so per cent in the last six years, instead o
largely falling of as was claimed; and that
importations had decreased 7 per cent
That instead of this profit being $4,000
n 1887, as stated by them, 1t was $4,000
600. The malt dealers are next IN order.