Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1892-03-25
|CREAP SCOTT !
Didn't Pandsmenlum Reigu Su'
prame 10 The House
While Test Vote vas BEING
Taken on SilYsr Bill.
Didn't Silver and Anu- -SilVsr Men Howl
al Each Other.
Il Even Locked as Though the DSmo.
Gratis Ysfo Repeating"
And After Ill Il Took Tom Reed 10 Re-
store Order.
HOUSE Finally Adjourned and The Bill
Goes on The Calendar.
And After Ill II Took Tom Reed 10 Re-
store Order.
HOUSE Finally Adjourned and The Bill
Goes on The Calendar.
Committee on Rules will Probably As
sign it an Early Date.


Dineley Of Maine regarded the pending
bill as the mos, important measure brought
or which would b. brought before the pres
ent Congress. If enacted into q law il
would revolutionize the stsrdsrd Of value
id which all exchanges were made and all
business transacted. Practically II provided
that any hol der Of bullion could deposit at
mint 30 cents worth OF bullion and receive
therefor 81 90 The eject of the bill
would be TO give silver owners S2l, ,O00. 600
more than is now received for bulisn and
dump into the United States, the silver Of
Europe.
Bsrtine Of Nevada reviewed the fiscal
policy of this country and Europe on the
silver question during the past century, and
showed the bene f;s to be derived from free
coinage and clmbst,ed the arguments
made sgainst it. Bsrsine ridiculed the ar
gumeIt lat under free coinage we would
ever lose 8 great deal Of cur gold or be
flooded with European silver.
No European nstion would send its sub
sidisry silver coi l, worth 1873, to the United
Sta'es to exchange for silver at 1929. He
also ridicued the figures by which the cost
Of the production of silver is fixed at II
cents per ounce.
The persons who compiled them, he said
took no account Of the many unproductive
mines in which millions were sunk. He
called attention to the adv sntage the East
Indian producer has over the American pro-
ducer in the Eoglish market, as the East
Indian takes silver home where il is good
and effective money. and the American sus-
tsins loss Of 30 per cent in converting ii
into our standard coin.
lie argued that the importation of wheat
from India was never begun on a large
scale until eilver began to decline in the
London market, but for this fall in silver
England had probably not turned to India
ss source of supply, so the American
farmer had TO meet competition which
might net otherwise exist.
The same is trse in respect to the great
stimulus given cotton manufacturing in
India He said ihst international agree
ment was simply legislation in which two
or more countries united. and thu, the
whole question resolved itself into the
ability of the United States at ooce to re-
store parity and there WAS nothing 10 The
other objections urged.
Hatch of Missouri said it was impos sible
for the Democratic party to ignore hs pas,
hhu pitbkte " tbc P-pbit
on this sui jet. No amount Of sophistry,
no selfish or sectional apprsl could drive
from this question the pledges made by The
Democ'st party in 28 states in which that
party declared that silver would he restore
TO the pace it occupied in 1873. when il
was drmo lelized by Republican Congress
The Democrat who could net stand on tha
plal form on which the Democratic party
stood for SO years had better hunt q hole
somewhere else. Laughter and Applause.
II the gentlemen from New York and
Maryland Cochran and Rsynor) could fx
the policy Of the Democratic party they
would carry that part into the wilderness
or absolute defeat. The gentleman from
Massachusetts (Willisms) had attempted
to read him out Of the Democratic party.
Laughter.
The gentleman, with egotism he bsd
never heard equslled in the House, de-
clsred substantially ths. only those who
agreed with him on this question were Dem
ocra,e. The ir,t duty of Democrat is to
abide by the decision Of his caucus and hi:
Convention Applause, and when the gen
tleman undertakes to read me out Of the
Democratic parry, simply resent it viii
indignation of Democrat who neve,
scratched 3 ticket and never bolted a con.
venticn. Laughter
Williams-Cau you refer me to 8 Demo
cratic platform that ever declared for fres
silver?
Hatch-When you want 3 Democratic
platform you will get i. from Democratic
no, from men whose swsddling clothes hsvs
not been on for = week, or . month, or 4
year. daughter
Willisms-You want to read me out oi
the party?
Hatch-No sir, but you stated that the
line was coming when the Democratic party
must choose between Democratic New
England and the Alliance party Of tn,
South and West. l am ready to take nj
stand now. will swap you off for tn,
ba,efoottd statesman from Kansas Zion.
and lopg-continued laughter, and | ~il
take your colleague and give him II c.r
win back the young Democrat from Geor
| gia [Wstson), who has gone sstrsy .laugb
ter.
Hstch said that eome gentlemen from
Massachusetts claimed to be Democrat
who, though sitting n a Democratic caucu
failed TO be recorded on the vote fo
Speaker,
f B Tsy lor, (05io), was surprised t
hear the gentleman say that the repeal o.
the law OF 1873 vas the grestest infamy OF
this century and that it was done by th,
Republican party. The gentleman knev
| that net . single Democrat voted sgsins
tnas me asure IN the Senate thas Allen G
Thurman and Thomas F. Bsysrd voted fol
| it, and the only votes cast against il ver
| csst BY Republicans.
Castle of Minnesota, said bis people vsr
| opposed to this bill because it proposed /,
msts fat money pure and simple, and pro
! posed the remo eiiza,ion Of silver mean
silver monometsllsm.
| Thomas Dunn Enslsh Of New Jersey
said he occupied different position frcn
either side of the House. He bad no fea
i Of the il fux Of foreign silver. He vas or
posed to the bill. because il was . bill t
throw more ragged notes upon he eountry
to pile up silver in the treasury and not I
place il in the hands Of the people.
/ His stror gest reason for opposing it VS.
that il Vas = subsidy to the silver kipg q 0
tie West. and a. 3 Democrat, he Va
opposed to Any subsidy. For years th
farmers had been borrowing at ruincu
rates Of interest. and having got the none
it vas proposed to pay the debt q 10 cent
on the dollar. The farmer and pIsn,s
proposed to psy his mortgages in siivel
ard IL he could hardly pay the interest no
where would he ses the pripcipd, exceJ
/ from the very men whom the sdvocstes O
, the bill have sssailsd and who would dicta,
terms.
+ Aoner Taylor Of Illinois had the cier
! read q Props ssd substitute measure intends
? to ridiculs tle psndlns bill i. propose