The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1890-05-22
Senator Stewart ON Silver.

WASHINGTON, May 21.-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 demonetization of
silver had depressed prices of commodities from
30 to 40 per cent, and reconciliation would pro-
duce good times again. The object of the silver
men was to furnish more money, to stop con-
traction, to release the debtor and producer,
and preserve to the people their rights of prop
erty and liberty The Republican party had
incorporated in its national platform declara-
tion in favor of both gold and silver, and con-
demning the policy of the Democratic admins
tration in its efforts to demonetiZe
silver The bill recommended by the
secretary of the treasury, and supported
by Senators Sherman and Dolph, was cunning
device to stop the present coinage of two
millions month in silver under the Bland bill.
In conclusion, he said there was no middle
ground in the contest between usury and justice.
The decentralization OF silver was a crime
against civilization, and nothing but a full re-
storation of that metal to the place which it oc-
cupied before that crime was committed could
redress the wrong or redeem the pledge of the
Republican party.
Eustis asked Stewart whether his interpreta
tin of the silver plank in the Republican plat
form that 1t meant free coinage of silver was
recognized as an Interpretation of the party.
Stewart replied 1t could have no other inter-
probation, and added he himself had drawn up
that plank.
Farwell-I was a member of the committee
on resolutions of the last national Republican
convention and desire to express my dissent
to the opinion given by the Senator from Ne
vada. No such Interpretation was considered
by that committee.
Stewart-What does it mean?
| Farwell-That the party was in favor of sill
yer money at the market price of silver. ]
drew up the resolution, as the Senator well
knows, and it was perfectly honest and fair
1t meant that the government should buy silver
and coin it, at the same rate as it would cost
| the government.
| Stewart-rhat is mere bubble.
| Wilson, of Iowa, gave notice of an amend
ment providing that the treasury notes to be
| issued for silver shall be legal tender for all
| private debts within the United States.
Farwell also gave notice of an amendment
providing that certificates be receivable for Gus
tom taxes and public debts, and be legal ten
der Jor all public and private debts The silver
bill was then laid aside and the bill in relation
| to liquor imported into prohibitary states was
| again taken up.
| Eyarts argued in support of it and in answer
to the constitutional objections urged against
! it, asserted that whatever state police regula
| tions can be exercised within the state are out
| side of the jurisdiction of the general govern
ment. The police regulations of the state coulC
not be bombarded from the outside under cove
of the exclusive power of Congress over com
merce
| Hiscock opposed the bill. The bill was laiC
aside without action. After executive session
adjourned.