The state chronicle., 1892-04-07
SILVER UP AGAIN.
NR. MORGAN'S SILVER RESOLU.
TIONS BEFORE THE SENATE.
The Free Wool Bill Reported Favor.
ably To the HOuse-Fiiibus-
terers Overcome

By Telegraph to the state Chronicle.
WASHINGTON, April 6.--(Senate. "
The feature of the Senate's proceed.
ings to-day was Mr.. Wolcotts silver
speech. The Colorado Senator oh.
tained the floor at the conclusion of the
morning business, which terminated at
l2;3O. Mr.. Morgan, under the usual
rule Of courtesy prevailing in the Sen
ate, called up again his resolutions.
which were on Monday last consigned
to the calendar, and being recognized
by the Vice-President for this purpose,
yielded the floor to the Colorado Sen
ator. Mr.. Wolcott spoke with marked
energy and histrionic force. Frequent
ripples of laughter were raised in the
galleries by some of his humorous
terms of expression. When some of
the Senators gathered on the lounges
in the rear of the orator, partially in
terrupting the proceedings by convers-
ing in loud tone of voice, Mr.. Teller
rose and demanded order, whereupon
dead silence was enforced throughout
the rest of the address. In the course
Of his speech Mr.. Wolcott said: 1--WE
may as well face the truth on the sill.
Yer question. The bill for free coin.
ace has been put to sleep in another
body and will not again be resuscitated.
say that free coinage could not be-
come a law. The friends of free coin
age, however, did hope, and believed
that it would at least score some ad
vancement. If the vote of the two
Houses in Congress could have been
polled when Congress met in Deem
ber, II is within the limits of conserva.
tism to say that in the other body, a
clear majority of fifty, and in this
chamber, a majority of twelve, would
gladly have ranged themselves on the
side OF free coinage. To-day, if vote
were had here on a motion to take the
bill from the calendar, it would un-
doubtediy fail, and we are left fighting
the air with some general resolutions.
The first great force opposed to the
bill was, in this Congress, as it has
been for three years, the present ad-
ministration. No stone has been left
unturned, no effort unemployed to
compass the defeat Of the measure.
The administration assured us that
i looked forward with ardent
and hopeful anticipation to the
time when gold and silver
would 90 hand in hand together
the sure defense of national credit.
This was for western consumption.
One little qualification was added:
hat 1t would first be necessary TO Sc
cure the consent of other nations, Eng
land included; a consent we ara as apt
to secure under existing conditions,
and with the methods employed, as ws
are to catch larks when the heavens
fall. The President might as well
have said that he was inclined to turn
Quaker, and would if the Pope would
become Quaker too. Thus both sides
were TO be lulled-the East by the po.
icy OF inaction; the West by the ear
nest assurance of bi-metalism in the
future, in that tomorrow which Was
never to dawn. And so
the miserable work began, the offices
We're parceled out, and the party whip
cracked, and the wavering members
were Influenced 1t has appart ntly
been effectively done, but, Mr.. Presi-
dent, there is always tomorrow. No
body is deceived, but it would have
been graceful act in an outgoing
President to have permitted Congress
to have voted according to its own in.
clnatlon on one measure of national
Importance.
"We are charged with being the
dlsturbers of the financial peace of the
country. For several years past
there has never been any sort of finan-
clal disaster or stFingency on this side
Of the water, or the other, that it has
not been attributed to silver. No mat
ter how independent the occurrence
may have been of any sort of relation
ship to our financial policy. 1t would
be instructive if the Nestor of finance
on the committee, who has for years
been the jeremiah of silver coinage
Will tell US how it happened that wher
the other day, free coinage received E
STAB, which everybody recognized a.
iatal, the stock market dropped instead
oi rising, and gold for shipment i.
called Tor with the usual regularity
iniallibility belongs alone to the ma.
Jofity OF the finance committee.
1T is a mistake for the representa-
tlves OF one section to seek fnancia
ACKNOWLEDGEMENT at the expense of an
other. We have a common interest 3
common country and should share E
common prosperity. The music of the
looms in New England, the song oftb,
held and the cotton plantation, tn,
echo OF the woodman's axe in Oreoor
and the ring of the prospector's picl
on the granite of the Western noun
talns, all blend in one melodious har
lhony and tell the same story of tn
ehergy OF the freemen who conque