Bismarck weekly tribune. [volume] (Bismarck, Dakota [N.D.]) 1884-1943, 1891-02-20

gold alone, what assurance lave we that,
as great Industries spring up, the currency
mands of trade. We know that such a cur
rency cannot expand as rapidly as the trade
of IL country expands. The failure Of
present monetary system to keep pace
with the trade and enterprise of today has
in a "cOntracted currency"
Money has become expensive. while every
cheaper. The use of gold as money
is old; so is the use of silver. That is an
argument in favor of neither. Old inStitu-
tions are not always the best. A money
system that served the needs OF trade some
years ago is now inadequate: We live In
needs. 1t is said that free coinage will be
a benefit to a m~OnOpoly-the owners of
silver mines; but making gold the only
money oasis gives a more absolute mOnOp-
oily to a less numerous class-the owners
OF gold and gold mines. Let us do nothing
to retard the issuing OF money, for our peo-
pie need it: ! want gold, and silver, too
the more the better.
Mr.. KEARNEY: | am a democrat, but
| am not voting on this question with the
democrats. l don't want millionaire silver
mine owners to make the profit on the in
creased price of silver that they would
make on the passage of a free coinage bill.
l want the government-the people-to
make it.
Mr.. GILL said: The introduction of
this matter at this time is certainly TO be-:
deprecated. 1t is at least fair to presume
that our representatives in the senate and
congress OF the United States are men
qualified to know their duties, and it is I'M
necessary for us to take up the valuable
time OF this house in the discussion of mat
tiers outside of the duties W. were sent
here to perform. l do not wish to appear
as opposing the privilege of any member
upon this floor in the discussion of anv
measure properly coming before US; but, if
this unnecessary discussion is persisted in,
L shall be tempted to move the previous
question.
Mr. SKINNER thought it enc in
a republican assembly that had just elect
ed a senator pledged to free coinage to
seek to pass such resolutions. TLaughter.1
Mr.. BURTON said: The demagogues
of to-day are taking advantage of the un-
settled state of public opinion among the
for themselves and their party. Our ALI
ance brethren imagine that by some sys-
TEN of national legislation money can be
made more accessible; in short, that dol
lars can be legislated into our pockets.
This condition has been taken advantage
OF by, the silver kings Of our mining states,
who have united with the democrats in our
national congress, and the consequence is
that congress is likely to enact legislation
that will prove injurious to the country
at large. In fact, l fear that congress has
had no bill before them, for the last quar-
ter OF a century. that would, if passed.
prove such a financial disaster. i am,
therefore, in favor of expressing to our
representatives in congress The sentiment
of this house in regard to this Important
measure.
Mr.. OLIVER spoke with much spirit.
He didn't know or care what pledges had
been made by anybody; but he did object
against the republican platform. If these
things were continued, the band-wagou in
'92 would be driven by democrats, Repub.
leans should not be cajoled into supporting
democratic or alliance measures. 4 great
leader, wac had Just passed away, had
spoken clearly on this very matter. Are
we to so soon go back on the views ex-
pressed by him.
Mr.. COPE said he knew Mr.. Oliver was
y good leader and a good pleader, but he
didn't know he could handle the party lash
MIR. LUTz said: 70 the gentleman from
Ransom l would reply that neither he nor
any otner politician will be able to pre-
vent a free manifestation of the will of the
people when the time comes. The reason
why the republican party has been sus-
tanning defeat is that they did not heed
the wishes OF the people. The gentleman
from Grand Forks is mistaken if he thinks
the silver bill contemplates the converting
OF SOcents into a dollar. The value Of
silver depends upon demand and supply
as much as the value of wheat or my com
modify. Silver may rise, and undoubtedly
VII! rise, III value. But this bill, if passed,
will not he an eternal law. Congress ma
clange IT at any time hat they find that it
works injury to our finances. II the gen
tleman is acquainted with the compact of
the Latin Monetary Union he will have to
acknowledge that free coinage had its trial
before 1t was suggested in this country.
Has 1t ruined France or the kingdom of
Belgium, where any one can bring silver
TO the minis and have it coined into five
franc pieces? l do not believe in treating
such Important matters through mere leso-
lutlOnS.
Mr.. OLIVER withdrew his motion and
made a new motion referring the resolu-
TONS to the committee on banks and bank
.ng, which was carried.
l A substitute for house bill l35. IN rela-
Ilon TO quarterly reports of county treas
urer, was read first and second time.
No. 1856. BY Mr.. Gill (printed before
Delng read)-A bill in relation to mutual
companies.
SECOND READING OF HOUSE BILLS.
ISL. Providing for registration of births,
marriages and deaths. to, committee on
state affairs.
1876. Rope aling law to prevent public
officers specializing in bonds, warrants,
etc.. TO same committee.
1877. TO legalize oaths heretofore taken
before registers of deeds and township
to committee on judiciary.
1875. TO provide for the taxation of rail-
roads and railroad property, to committee
1873. Making an appropriation to pay the
expenses incurred by the governor during
the recent Indian troubles, to committee,
on appropriations.
1876. To amend law relating to mutual
companies, to committee on IN
surance.
A recess was taken, after which Mr..
Oliver. by unanimous consent, introduced
No: 1879, to pay expenses of state officers
while travelling in the interest of the state.
On motion of Mr.. Gill, it was ordered
bills which had been read first time be
read second time by title and referred to
committees. =
Mr.. KEARNEY moved that when ad-
Journment takes place, it be to 2 D. m.
Monday; but this suggestion was snowed
under.
Mr.. OLIVER suggested that tomorrow's
be shortened by emitting certain