The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-01-10
GIIyER HAS THE FLOOR.
,cvRuRN AND MORGAN SPEAK
FOR FREE COINAGE.

Asserts That the People Are IN
9.1or of the Proposition-The Veto
.--,er a Vain Reliance - A Denial
lit Is q Party ACKNOWLEDGEMENTS
sneech Unfinished.
w.sHrNGToN, Jan. 9.-The PRESIDENT
-, bsfore the Senate to-day the resolu-
- - If the New York Chamber OF Com
~, 80 in favor Of the shipping and tonnage
bill ,.,o4ho.
.,-.tors many petitions for and against
he Conger lard bill .,s .,.
Nr Platt gave notice that he would ask
- sa1afe on Monday, after the routine
l1e l-o;r, business. to consider the House
copyright pLl. A. e..,o hill ,vaS laid he
s,ra ~ the senate. Mr. Plumb gave notice Of
.1 smsndment limiting to $1,000 the com
--isorv requirement Of deposit of United
SS-ates bonds for every national bank. (This
~ N anply to deposits Of bonds to secure
nUblic monies in national banks.)
The biIl was laid aside informally. and
come miscellaneous business was transacted.
After this had proceeded some time Mr..
Tdmunds insisted on the regular order and
-amarked, caustically, that it was due to
those who wanted to discuss the finance Dill
tha. they should have an opportunity to
do 50.
TAKEN UP AGAIN.
The finance bill was therefore taken up
again. and Mr.. Blackburn addressed the
Senate In advocacy of Mr.. Stewards amend
Tnent for free coinage Of silver. There had
haAn. he said. so much said on behalf of it,
and 50 little in the way of argument against
n that it seemed well nigh superfiuous to
continue its discussion, at least on the part
Of It's friends, and yet he was not willing
That the debate should close with
ont his adding the testimony OF
his section and his people to the merit Of
the amendment He was not willing TO have
it 20 to the country and the world that that
amendment was simply an effort made by
Il the representatives Of the silver states, and
that tbe rest Of the country was Indifferent
to the result. There was not silver mine
within the limits of the great common
wealth of Kentucky, and yet he ventured
10 assert that her people were as united, as
earnest, as honest, and as clamorous in their
demand for free coinage of silver as were
the people Of Colorado, California, Idaho
or Nevada.
THE VETO POWER,
The opponents OF free coinage might rely
on the veto power of the President, but that
would prove to be a vain reliance. The
President dared not furnish them with that
veto. When the amendment passed the
Senate and the House, and the bill went to
the President, he dared not put his veto
upon it unless he was already prepared to
sign the death warrant of party already
doomed. But even If the President did veto
the bill that would not save them
aAh -
gresS. he thanked God, would soon be rung !:
and then would come another congress
whose House of Representatives would give
free coinage to the American people, even
BY the vote required by the constitution to
pass 1t over a presidents veto; and the
Senate would concur in that action of the
peoples representatives, so that relief to the
clamoring and overburdened people was
now at hand, whether the opponents of free
coinage willed it or not.
NOT A PARTY QUESTION.
This, with him, was not party question,
lor ne denounced the anti-silver policy of
every administration for the last twenty
years. 1t did not matter to him that his
own party was for four years responsible
tor enduring the wrong. President Cleve-
lsnds administration was just as amenable
to criticism and ceusure as had been its
predecessors or its successor. When
honest toll was doomed to want and
| poverty no party shackles could chain
BIN to defense Of that which was its cause.
Inc til!ers Of the soil could endure no longer
the burdens put upon their backs by unjust
suu partial legislation. They had at last
GsI'rinlned to make their cause of grievance
IHoWn, and their demand that it be righ ed.
Iue farmers alliance was now centralized
@ no national organization, and was pro-
testing against class legislation.
JUST CAUSE OF COMPLAINT.
Every intelligent man and every honest
msn acknowledged that they had a lust
caGse Of complaint. They asked redress Of
sI1Ealces, net imaginary, but real. The
Ignty west and rejuvenated south
.I eSa endured the fleeing process until
tlolr patience was exhausted, and now they
iusaht That just laws should be enacted and
saJuSt laws repealed. He trusted that the
9Io S1uo LAD come, and that ere the ides of
..al5 -ts'ca were ushered in silver would be re-
ts.oed 70 the position which it had held and
"'nOfed Tor more than 5000 years.
PRODUCT OF OUR MINES.
vi. Morgan said that he felt embarrassed
g. .le immense mass of statistics and in
oolIt ao.ulalion with which the Senate and the
oyunIry had been flooded on silver coinage.
tiuGaL1Oil
P1!'y OF value between the two metals.
GU ne would not have attempted to make
J lurther suggestions il it were not that
,i,! Cohsldered the present an opportune
t5a jui7 Iof congress to come to the relief of
A. country. 1t was not worthy of the
tsi: ,bLerican people, he said, at this stage of
sasS ~! progress, that they should any longer
,b9slne to base their financial policy on
fsiIino OWN unTalllng industries; not only IN
caus' Dut actively and enormously in
4o'S-hg' Speaking OF the product of the
I,6 e6O can mines in gold and silver $780,
i.OO IN ten years., Mr. Morgan asked
,tiHt 10y o1her government in the wo.ld could
salv 10 better security for the redemp-
Go.uC Souot Its promises public or private. Could
h.. h" many promise herself such a result from
". ulnesi Not tithe of it. Could FranceY
St ys,, az all. Could England, from all her
~' possessionss Not by any means.
PROMISE OF THE FUTURE.
INV, =. might be assumed that $500, ,OOo, 900
-Soaoiy Sl,OOO,000, 900 would be taken
yso'. Oue American mines in the next ten
cr.L An issue Of circulation of one. two.
uIee dollars to one dollar of gold or sill
sDI would be an absolutely safe calculation: !:
NJ" win 1t there would established be a
i~r onI for this country es safe and
E.a;. liable as the how Of water in the Mis-
lssas ss54 river, and which might be calcu-
vaniI upon without any doubt. Then there
t.jnl t.jiu Do an established policy which Gf
raa1;a '~n5a and employed in developing the
5dsaIncent resources of the country, its
tbs 9Sres 9Srles aud its commerce) would make
tbs o,,LIed onIIed States master of the world on
question of finance.
NO CAUSE FOR FEAR.