Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1890-05-14
CONGRESSIONAL.
Senator Jones Resumes His Speech on
Silver Bill Begun Monday.
ButterwOrth ELECTS Applause from the Demo.
Gratis and scOwis from Republicans on
the Tariff Question.
SENATE .


Philadelphia demonstrating against an
increase Of duty on dress goods made
wholly or partly from wool.
Mr.. Davis, from the committee on
pensions, reported back the house SUBJ
stitute for the senate dependent pension
bill, and moved that the house substitute
be non -concurred in and q conference
asked. Agreed to.
The senate then resumed consideration
Of the silver bill and Mr.. Jone continued
he speech begun by him yesterday 1.
He opposed the idea of redeemIng treas
ury notes in built on on the ground that
when they were so red eemed monetary
circulation would be contracted and the
putting of bullion on the market
would not make up to the
country for the loss of money
from circulation. He expressed entire
confidence IN the honesty of purpose and
conscientiousness of the motive of the
present secretary of the treasury, but
said that as none of the secretaries for
twelve years past had coined a dollar
of silver more than was COM
PEELED by law to do SO, future
secretaries might consclentiously deem it
their duty to keep in circulation the
least possible amount of the proposed
treasury notes, and the United States
treasury might in effect become a mere
purchasing agent for an East
India company or for syndi-
Gates OF English merchants wanting
bullion cheap in order to make their pay
ments in India. In conclusion he said:
81 predict, Mr.. President, that the
restoration of silver to its birthright will
mark an epoch in the history of the re-
public. 1t will place in circulation
an amount of money commensurate with
our increasing population. 1t will give
assurance to our languishing industries
that the volume of our circulating me-
dunn is not to continue shrinking, and
that the tendency of prices shall not
longer be downward. 1t will in
crease wages of labor and prices of
products of labor. 1t VIII reduce the
price of bonds and other forms OF money
futures. 1t will Tighten, but not in
equality, the burden of mortgages; it
will increase largely, though not
unjustly, the debt-paying power
of the people. 1t will loosen
the grasp of the creditor
from the neck of the debtor, and this it
will accomplish, not for the United
States alone, but for civilization, for it is
not too much too say, Mr.. President,
that upon this decision of this ques--
ton depend consequences more
momentous than upon that
of any other question of pub
lilo policy within the memory OF
this generation, in q broader sense than
any other question attracting the general
attention of mankind-it is question of
civilization. 1t embodies the hopes and
aspirations of our race. The act
of congress which shall happily
solve it will constitute q decree of eman-
cipation as veritable as any that ever
freed the serf from thrsldom, but more
universal in its application. 1t Will
proclaim the freedom of the white
race the world oyeri 1t will
lift the bowed head of labor; it
will insugurate true renaissance of pros
per1ty, without which the industry OF
learning, science, literature and art are
but applss of sodom.' MIR. Jones to-
day had the same close attention from
senators of both parties that he had yes
terday, and at the close of his speech
was warmly applauded,
Mr.. Jones of Arkansas next addressed
the senate in criticism of the pending
bill. He said the bill as it stood should
never become law, but should be
amended by making it provide at least,
for unlimited, coinage of silver whenever
the price reached point at which the
government ceased. to be purchaser.
Alter further debate the bill went over
till Tomorrow, and after executive ses-
sion the senate adjourned,
-. HOUSE.
washington, May ls,--After the
transaction of some routine business the
house went into the committee Of the
whole on the tariff bill.
Mr.. MoMillen of Tennessee. moved to
remove the duty on ammoniag He could
see no reason why this article of necessity
to farmers should be SO highly taxed.
Mr.. Mckinley opposed the amendments
and stated that since the tariff hadSSn-
couraged competition in this country the
price of ammonia had been reduced from
twenty cents to seven and one-half cents
per pound.
Mr.. Butterworth of Ohio suggested
that while he knew nothing of the case
under consideration, the price of an
article was not reduced on account Of the
competition alone. 1t was reduced on
account of improved methods of manu-
facture. The conflict of 1888 had not
been reaehsd, but between economic
policy, the Democratic policy was that a
tariff should've levied for revenue only Il
The Republican policy was that tariff,
whether high or low should be adjusted
as TO establish, cherish and protect agri-
cultural interest and industries in COM
petition with the rest of the world. The
committee had tried to do the best
IT could In framing the way safe,
and had to reply altogether upon
testimony of tenetioiaries under the law.
lApplause son Democratic sideI. OF
course he respected The wisdom OF the
committee, but why was Paul favored
and the matterturned down. Why in
crease the profits OF certain classes. Hej
could name capitalists whose profits had
exceeded those Of all agricuituristss IN
any state of, the Union Capplause on
Democratic side1. He was not, he said,
disturbed by the applause on the other
side. He was exceedingly grateful that