New-York tribune., 1890-07-13

device. concocted TO tide emergency. When
the bill that has his name passed he (Mr. Bland
had fallen into the trap Every silver Representative
then felt perfectly confident that the next President
would sign free coinage bill. lie would refer tc
history those members who were willing 10 accept
this report as leading to free coinage. Now VA
the time TO make the fight. If the conference epor
rejected, another conference would be held. and
the Objectionable features Of the report stricken out
md that what he had undertaken 10 do.
Mr. Morrow. OF California, expressed his approval OF
the conference report and proceeded 10 argue that h
depression IN the price Of silver in recent years lad
resulted from artificial manipulation.
Mr. Cannon, OF Illinois favored the report and hope1
that international agreement could be reached that
would establish a liked ratio between silver and gold
The gentleman from Missouri (Mr. Eland) had said
that he would not vote for this bill Mr. cannon nan
supposed that the gentleman would not For quarter
Of century, when great financial and econ0m, legs.
lauon had been had IN TINS country ue DeHo-T -Ta'c
Mr. Alien, of Missouri, inquired what party had do
m0netized silver. - .
monetized when neither silver nor gold had been In
circulation. silver had aterwari been rcmonetized
and this bn honored silver, andi in The shape OF
Treasury notes sent it out into every household IN
the land. where there was honest labor which did
Mr. McRae, of Arkansas. denounced the measure as
cowardy surrender on the part OF tne silver men; en-
Treasury 10 DO just he pleased with silver; and
the people knew what the Treasury discretion had
Mr. wllIiars, Of Illinois, oontended that the Com
mittee Of Conference had overslepped M jurisdiction
and had acted upon matters upon which. under the
rules Of the House. it had 10 authority TO act In
order TO show that the House was domInatc9 oy MaI
by the appointment Of the Conference Committee
The speaker had appointed upon the committee man
money meant more misery. Mr. Williams would
secretary Of the Treasury was disposed to exercise the
uniTiendly intention in the execution OF ths bll as
he had in the execution Of the present law, there
Mr. snively. OF Indiana, could not see how gentle
men could arrive at the conclusion that this bill was
step in the direction OF free coinage. , .,,-
IF silver on the Republican side alleging that they
had acted in bad faith toward the friends of silver on
Mr. Grosvenor, Of Ohio said that since the close Of
the war everything had appreciated III value except
Mr. Peel Of Arkansas suggested that the Democratic
party had increased somewhat in value recently IN 'he
Mr. Grosvenor replied that, while the Democratic
ADMINISTRATION Of Ohio might be good one, H4def IL
The taxable value Of property had deprecated ,,
Mr. Rand inquired whether the gentleman would ltke
. see Mr. Foraker Governor again, in order that
property in Ohio might be appreciated:
Mr. Grosvenor rctorted that he would rather see
Mr Band%o doubt . that ; is your fi tase
Mr.. GrOSvenor-That is my taste, and l staho oy
rom am mine am nanrSdrG copi3unr. Nr Tosvenor
said tnat no matter how the pending PHI hnehi nS
enemies alike that it would increase the circulation
about S60,OO0000 year Of money Just as good as
the adoption Of the conference report "a would
prefer to stand by a system which they themselves themselves
Referring 10 President Clevelands position OF the
silver question he said that Notwithstanding ClcVe
lands opposition R SIT TO iSe S coea me bs1
of the country who where now phaTasaca!ly pralsng
him without qualification and stood ready 70 40 III IT
again. Tho Democrats had nominated for tTesideni
at the friends of free coinage before he had any
oonstutQ9ai r,snt 10 90 Sol 50. ror.1O5 ~. nond
ing bill as the wisest that could be planned in the
interest Of the whole people of the country.
.ttuency which believes in free and unrestricted
coinage Of silver. gave to the pending measure his
it would bring to the people practically free
coinage. without bringing the embarrassment which
Mr. Townsend of Colorado did not believe that tho
silver question would be settled, or its discussion
ference bill enlarged the use Of silver by ncTeas,
ing the amount to be coined monthly ana
IL and Tsp' ome IN oteT @ RePGSeans had Voted FOR free
coinage and genepen EN- t on the s other de m hSd oH Gd
silver legislation at his session was to 60 back the
Republican parC where they had always belonged and
Mr. D9TIineton Of Pennsylvania was in favor Of the
trv flourish and he believed that the bill would have
Mr Miiiken, Of Maine, favored sound currency and
on expansion OF me circulation 50 lar as ne nceds % o
currency was not impaired. For thiS reason he sup
~ Nr pmgiey. Of Maine proposed TO vote for the
ference report not that tie bll was in al its feature
hut al lesi, !a'iCn was the m OF cOnpr"liSe II ne
effect Of the BIZ was 70 bring silver up 10 TIC coming
fore The bill tended free coinage. but not - the free
coinage which the gentleman from Missouri llr Bland
Tho four hours allowed for debate having eA
nired the previous question was considered as ordered
and the vote taken upon agreeing 10 the con
1STS@'y vote, ycas aspis2; 49, nays " 90. "' W '