New-York tribune., 1891-01-31
SILVER POOL AND FREE SILVER
MR. DoCKERY MAKES A STATEMENT.
,,,,,v TIE DELAYED HIS SILVER POOL TEsTI'
,,oNy TILL AFTER CAMERON'S ELECTION
THE DANGERS OF FREE COINAGE DIS


,vious to supplement his testimony before ''0
asIvcr Pool" Committee in regard 10 une '
CONS which induced him 10 save his W9uho"N
after the Senatorial election in Penn>yNaAli anu Wv
COMMITTEES today gave him an opportunity 10 Wv
After he had read his supplementary statement oc''
ouestions were asked by Chairman DA@LS anu
PAYNE which not only indicated desire 10 ec' "U'
oon,nIetc and definite explanation. but 10 annoy III
witness somewhat. lie appeared not 70 nave '''"7
that such questions might he asked aHu Hc va" "a,
neparcd 10 answer them, in fact MS mci"o'F W.
seem 10 he as good it had been on some ~
occasions lie was not altogether certain 'i'I '".
bd hoen no conversation between him ana Seh"'"'
Vest respecting the proposed delay anu nc 'N',.
had not thought that his willingness or ce''t io'
,icb+ Indirectly uronlotct the election TO the 'h'
states senate Of man who. for aught he knew" nns''
have been Improperly, If not corrnptN' COW ,i
silver speculations. In his zeal 10 90 any o"i"s " "
mower to defeat the Election bill MI Doohcr! So
10 have forgotten for the time mat the penu"7 t
vestration which he instigated and for whieh J" ''
-. bo + resnonsiblc is based upon the proposition
.bot II was improper for senator or RepTesch'".~
IN he pccuniarily interested in silver speculauohS
silver legislation was pending IN congress
,,.,, va. careful 10 say that he did not Know '"''
the transactions of senator Cameron were Ho' Fi
or legitimate: of course, therefore, he cd ho' N"
thc they were not improper or corrupt ana Hc. ~
hone of strengthening the opposition 10 ulc h''
hI b nut those oucstions all aside for the the oo'7
and DELAYED giving his testimony in order tiat hc 7
moi rmbaYrasS senator Camerons pTapo'o
election to the high and honorable once VI ,"ntt
States senator. Nobody who knows MN WIZ ~ -,
Mr.. Dockery's honesty good Intentions pu' SUN Ir
his mental processes must be regarded as queer -
example. in this case. - ,.a,,i,lIv
Mr. Dockcry', statement today was suo' '''
ne f,uo,vs. The Force bill was at thai time Pe"u
in, in the senate. l dcNIous thd' II "o"" ~
hcaton. The attitude of nearly every senator 4" ~
spcct TO that measure was Gcler>'iS "i ~, ris .,c
t ,,at of senator Cameron The election ~ IN H"'
-. g.. ta,c ulacc on Tuesday. ara the co""''''c
". ., ho,.o me, the previous saturday. ii was ho'
-, that If Cameron was reelected hc ""W" WV
-. ,ho Force bill: but his ATTITUDE OF u''c''''"'' ~
80 -, indulge the hope that he wouId Noe "S"'",' It,
,"er these circumstances there was mum"
,oo NM, 10 desire that another Republican slouu
u ~ lio I did not wish to be the cause oi max
1,i a, that iuncture any private business trans
1;i ~ the senator OF which had Information li'
,,. ho entirely legitimate and proper ana "In'II
oopId before an opportunity "dS "'''"D" ~
,,in., lis entire pIoprcty, he used by MS P'I,''
'i =. his detriment. ] had information un&t
Co,no~oo had made purchase o silver i't S''e UNI
onrn- the last session cf Congress haN j" h"'"I
49,, .,, ba was connected with any pool. nor hao
49, i,t,n,atton that would warrant me In con
clnsioD as 10 the p"oprioty or mpr"PT'cN Va
rprcnayo made by him. | merely hau i'''o' MANI
a. IN the simple fact tat he had pur'h"'V" N"''.
believed il - be but justice 10 the senator '''' 81,
f,, sbould rot be made public by NE wheh II il,-'
az -. hi. ,,litical opuonent, 10 hi, imm, dlatc
,,irry without time or opportunity for nm 10 pe\c
t,,a same bv explaining the facts ana SroNi"0 '''
nrop,oty Of the transaction. Il II was III ld''' pr
rboro WAS no agreement or understanding p''"cc"
Senator Cameron ard myself or any "'i'I Pc
fla. NV testimony should be delayed III '""'''
of o~ as an inducemcnt Tor the Hc"''' t~
AGAINST the Force bil. | was not rtf"e>''N ~
o,,, ro,son 70 DELAY my testimony nor was any S"'
c..,iop to that cfcct made u me by any Pe'7o"'
act ID r,,on nv own Judgment Induced thereto ''''
bv the fact, and reasons have stated ,o,
Tho committee has received a telcei"h '""' ~
,r4s,nan Mason. OF Illinois stating tia' nc H"> "a
I,verbv and that mucl-wan' 'd Wl,hos, m" vae"n was
~ appe,r If hi, expenses are pAld. MI ""' ,
rcouo,ted to purchase Owcnby tlo"eV "''u ,".,..
li, that III, expense, Wo1ld be pHd "N u'e $50
>rnr several reasons thi, was not too' "'i
w., tce silver members Of the House Co,"
.oe ~, image and their friend. VINO comp '''
r,i,rity of tAe crowd which packed the oo'''"'t'
rom Tlcy were 10y no means pca'e' pN ''0 tt,,.
=, Director Iccch ol the Mint Bureau /" ',o .,
,,ro,.,r,d ouc,tiIns asked by Mr. NauA' Do"' w.
- ,f ,ho committee. and they were sti2Ger'" u
,, ,..,d.. Intelligent and responsive answers VIM
-, .i,..a f,o,n Edward Atkinson. M,~>I@' Ad' I' .
,,,t ard carter cach i'm turn did his bc'' - ''''"
..A ,ct,l. the Ma-.aclM>eu, ccouoml'" D"' u, ,
q he uncou~cioa, Of ucr purpose anu ad
,, line and urauity not ONLY answered.
INIT
s,n,e Of them greatly needed In rHpect 10 V' ,"S'
,d II fine fr,ecouagc men had cApc''cu u"
ro uoint by consuming al the time 50 a. 10
,ne,ui,r. Of tie committee VINO 90 Ao' az .,.
thcu, az AL 0pIJitunity D. ask any f"Ve''""'' -,
, h.vo tocn -adlv di,aop iuted, for Ii Is 'e''il'
that rlcv were the recipients Il more sou"u' H''' Vs.,
,.l,tab!e truths than free silver theorists are u. % -
ittt ~ listening 10 within the space Of an h"uF' -
yo NOT ,urii>n. that some II them bst am @ i 8, tno
or that Nj Bland openly expressed III, "a u fs & SeT
YlIf -. l.. ~
co a.uc, had cyc:tlIag % ther Ah,S Sii, d mU mon
Gid to have h4rng' men It MT0 ro%r To- be Willing
~ n.a, tnc 0ucr ,.de. BAT t'l 9t'. ~ ~ -, yvi try
VIM, WI S,rc.,oy - shut the mouth, &" the men Wh5 arc
c,'nn.rd - the adoption oi huS tIdlI
YAM" 9I'n.~ without further discussion or COZ
ir W ' Whether Nes>r, NauN and Tracy VII JON %dt
them in advocating this ln''''''"0'''D '' 'f
iTcct1r Lccch ~h he did not believe sou OH d
silver would circulate together II Dilet%Hs % oTid lac
saTiithed here lie did not believe silver couiu D
kept at par with gold uniil therc wa, an Tre CON
agreemcnt The effect Of tle passage oi nTee
o. iii he thought. would be that fOicleh na,iD',S @
having stock, Of silver on hand wGHid sp ttU ,h alarm
w",ld he 80 great that gold would be withdra"n HT %
tie Treasury aud boarded by ,he Ha, hi 10 nav for
Government would have no toId VIII W' r6YId he a
the silver The effect Of free coinage "yuiu 1t ",lG W
Contraction Of the currency but how long li' "oAi0
Edward atkinson said that credit depended; tGc 4",
unCn the quantity Of money. but the quaN. III o
business Of the world credit was te iacor 10 i ~ al ,1cV
twenty or thirty times great a. tlaV Oh dcusi i
vouId sion busnc>. as business had ALREADY Decn
srctcd largely by the fear Of such lcSisialo H thn
collection gold Mr.. Atkinson said, had Dcconle u u,
standard The world over. and it could not be n.iP' M
Whcth-r you would not, trade was i w Mc -
gold because prices depcnded upon Pgni MnaV aIout thc
eyn1ricd Lrougnt lie had no thc0ric, apout ,
selection Of gold: lie SIMPLY accepted tae IiT,: ~ ' a.
nUch gold available for COMMERCIAL puIp 'se, %S
lie thouglt England on the saic,I ,@ % d,
Of any country in the worll anu L'a' '''' wa
a. her adherence to the gold Standard +. $780,. t,a,
Mr. Bari.nc asked, II This were So hoH a. a. cau on
Tho rank Of France had never ncedeu u an
Fnglard for assistance while the Bank o, hhS"hu
had been obliged call on France & ipd u oo rro,c
enancai cri.cS in England because OF tht "orlu a
wide magnitude Of her enterprises, ",." nor,'@ lie
s,ten,ntirp 10 transact on to small W>c'E'' ~
@hectrs 10 sivcr being made LEGAL tender bccau,o @
ft was i'm the nature of forced loan "a hiDt - H.,
iusincs, man might however get on gliu Ia 1asi do