Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1891-01-10
NATIONS CAPITAL.
Senator Blackburn Speaks, IA.
VoriDg Free Silver Coinage.
Senator Prys's Bill On Ownership and
Registry Of Shipping.
Dissatisfaction with Our Sealed Car
Service with Canada.

WASHINGTON, Jan. O. The Finance
Bill was taken up in the Senate, and Black
burn addressed the Senate in advocacy of
Stewsrt's amendment for the free coins ge
of silver. 1t was the silver mine within
the limits of the great commonwealth of
Kentucky, and yet he ventured to asser
that her people we're as united. earnest,
honest and elamorous in demand for free
coinsge of silver as the people of Colorado,
California, Idaho and Nevada. Blackburn
said he had no objection to the fourth sec
tton Of the bill, and as far IS provided
for the addition u $500, ,o00, 900 to
the circulation; but he Joined in
the protest of Stewart that il Was device
on the part of the finance committee look
ing TO the perpetustion of the banking sys-
TEN already doomed. He objected to the
bill of the finance committee, because it
fell short of the demands of the people and
failed to give just or full measure of re-
lief. The opponents of free coinage might
rely on the veto power Of the President
When the amendment passed the Senate
and House and the bill went to the Presi-
dent, he dared not put his veto upon it un-
lees he was already prepared to sign the
death warrant of party already doomed
ted to make further suggestions, if it were
not that he considered it the present oppor-
tune time for congress to come to the relief
Of the country. If it is not worthy of Ameri-
can people, he said. at this stage of their
progress, why should they any longer de-
cline to base their financial policy On their
own unfsiling industries, not only unfail-
ing, but actively and enormously ipcreas-
ing. In speaking of the product of Ameri-
can mines in gold and silver (Ss00, ,000. 600
in ten years. Morgan asked what other
government in the world could point to
better security for the redemption Of its
promises. public or private. Could Ger
many promise herself such . result from
her mines: No: = tith of it. Could France?
Not at all. Could England. from all her
vast possessions; Not by any means. 1t
might be assumed that $500 600, 900 land
probably 81 900 000, ,000) would be taken
from the American mines in ten years. An
issne of one, two or three dollars to one
dollar of gold OF silver would be an abso
lutely safe calculation; with it would be
establisht i policy for this country, safe
and immutable as the flow of water in the
Mississippi river, which might be calcula
ted wi,bou. failure. Then there would be an
established policy which Qf utilized and
employe in the developing of magnificent
resources of the couatry, its industries and
its commerce) would make the United
States master of the world on the question
of finance. In view of that fact, why
should senators be trembling and fearful,
almost in a state of panic, least, if the
country sought to use its silver and avail
itself of its natural advantages. some men
might conclude that the government of the
United States was becoming slack in its
ideas Of honor honesty and credit
The policy of fear and apprehension WAS
not becoming to people who had got their
feet planted by God on the rock Of safety.
There was no need to doubt the future
when the present was so assured and the
past so fruitful from the miUing Industry
of the country. Yet that was what ali the
senators were confronted with.
Morgan yielded the floor without con.
cluding his speech, and the bill was laid
aside.
The Senate bill creating the office OF
fourth assistant postmaster general was re.
ported and placed on the calendar.
The Senate went into executive session,
and at ) adjourned.