, 1890-05-15

in prices, will turn into productive
avenues. IIoards Of money lying idle
In bank vaults will come out to bless
and enrich alike their owners aud the
community ut large, while millions of
dollars now invested at u low ruto
Of interest In gilt-cdget securities
will seek more profitable investment
in the busy field OF industry. where they
vii be utilized IN the aymeni OF wages
and tho consequent dissemination Of
comfort and happiness IL will accom-
plish this. not for tho United States
alone. but for civilization, for 1t Is not
too much to much to say, Mr.. President.
that upon the decision of this question
depend consequences more motnentous
than upon that of any other question OF
public policy within the memory of this
generation, In broader sense than
any other question attracting
tho general attention Of mankind'
II Is question of civilization, and IL
embodies the hopes and aspirations OF
our race. The act of congress which
shall happily solve II will constitute q
decree OF emancipation as veritablo as
any that ever freed scff from thralldonl,
| but moro universal in It's application. IL
Will proclaim the freedom OF the race the
world over It will liz the bound head
Of labor and will inaugurate n true
renaissance ofprosperily, without which
rtlNllNtt
and art are but the apples Of Sodom."
In answer to question, Mr.. Jones
said that II there was q free coinage Of
silver he believed that In three days the
silver not used for coinage would be
worth 81. rs an ounce and that II would
remain there.
Mr.. Jones to-day had the same close
attention from the senate from both
parties that ho had yesterday. At the
close of his speech he was warmly ap-
plauded.
MR. JONES, or ARK ANsAs.
Mr.. Jones, of Arkansas, next addressed
the senate in critcism of the bill lie
said that the bill as 1t stood should
never become law, but
should be amended by making II
provide at least for the
unlimited coinage of silver whenever
the price reached the point at which tho
government ceased to 10 n purchaser. /
This was an absolute necessity, unless
the purpose was to destroy silver as
money. Those who would vote for the
bill as it stood certainly intended the
decentralization of silver, and might as
weil ayow II white striking the fatal
blow at the interests OF the great body /
of the people. They intended only TO 4
increasine, its price. The deliberate nur,
pose was 10 discrsdit the silver treasury
mates by REFUSING 10 make them i.oaI
tender. He suggested mrther thnt iris
was the real p.irpose had in view he
the republican party, lie was in favor
OF the issue OF Certificates ior coin and
bullion. and Of conferrIny unon than,
the onnlities of levnl render ~ hroadiv
ana cnmnieteIv al IN was confer,eI ~,
the coins which they reuresentad Thar
WINS no reason why those ccrti6ratcs
should bo in any sense inforio,
10 any other form of ncner
money They were the very hest
form Of paper money because thsv worc
rendered doubly secure by Tho nieJs,d
faith of the government and Lv the ia
nosit of coin devoted 10 iheir rcIen,n.
ton.
GENERAL DISCUSSION.
A., ,-,,,,..
Mr' ie'er salu mat 'ho senator iromf
Arkansas seemed to be laboring under
he impression that the pending bill was
inc result OF the iepubIican caucuses.
ne senator was very much mistaken.
here was no caucus piii OIL any kihd
before the senate
ar, Jones replied that he had no
loun. that the senator from colorado
ssub anu ut tue shI .