The state chronicle. [volume] (Raleigh, N.C.) 1891-1893, 1892-03-25
FREE COINAGE BILL POSTPONED
After Long Debate in the House the
Measure Goes Over,

hour of the Senate. Among t
them was the following: To prohibit
the transmission OF advertising sheets
as second-class matter and to limit the
number Of sample copies for the relief
OF fourth-class postmasters; to indem-
nifty the senders of registered letters
for matter lost in the mails, etc.. ;
MIR. .Wolcott's resolution of inquiry
as to what persons we're being carried
on the department pay rolls outside
the civil service list was adopted. At
1:O5 the Senate again went into secret
session on the Behring sea matter.
At 4:3O the doors were re-opened and
the Senate adjourned till tomorrow.
HOUSE CF REPRESENTATIVES,.
Interest in the silver question is un-
abated, and large crowds attend the
sessions of the House. Mr.. Bland, of
Missouri, said that in order to allow
more time for debate he would move
the previous question at o'clock. Mr..
Williams, (D9mocrat) of Illinois, was
the first speaker in favor of the bill.
If free coinage was adopted the parity !
between gold and silver would be main
tanned. Gold would not be driven out. |
Mr.. Cochran Dem Of New York, fol-
lowed in opposition to the bill.) The
great vuestion on. this bill was if gold
and silver should go to par W hat would
be the effect on the prosperity and hap
piness of the people of this country. I'm
doubtedly the inferior currency would
drive out the superior He believed it
was wise to anchor fast to that, the value
Of which was established and not to pur
sue doubtful gods iuto the wilderness,
whose paths we have not yet trodden,
paths which led we know not where
Make no mistake, friends of the Formers
Alliance, and think by the enactment of
this bill and by getting out Of ex-
isting Indebtedness which you owe
to-day, you would reach haven of
ease where you mi ght float in unds-
turbed security for years, when you
would have to go back to gold stand
ard at last. The necessity for credit
would still 60 on, you would still be
compelled to make some effort to re-
: monetize gold Or bring it back into cir
) culation in order to enable YOU 10
carry on your commerce with the rest
, of the world He appealed to all the
people of all the sections Of the coun.
; try to stand fast to the old con.
. stitutional landmarks which re
quired coin and coin alone t(
be the currency Of the nation
Mr.. Cochran was surrounded by hi
colleagues from both sides of the cham
Der, who warmly congratulated him
Mr.. Cummings, of New York, followe
: with a one-minute speech, speakin:
< against the bill. MIR. Dingley Re
publican), of Maine, opposed the bill
/ and said that this was the most impor
t tant question before Congress. Meta
5 money measured all property and al
I exchanges. The bill proposed to es
r tablish two units of coin of standar,
e value, but not of equal value.
n Mr.. Bum, Democrat, Of Eortl
b Carolina, spoke in favor of the meas
e ure, and said it was proper, just an
q suitable
Mr.. Loud, Republican, of California
It opposed the bill, and reviewed tn
N speech of Mr.. Bowers, Republican, c
Ii California, who favored it. 1t wa
1T not engrafted on the platform whic
lie elected him. The measure, in hi
Of opinion, unjust.
lie Mr.. Bartin, Republican, of Nevada
m favored the measure. The free COLI
IS age men asked that silver be restored
e, the position it occupied four thousan
" year, prior to '73 and when this deman
n was made, the anti-coinage men wei
a shocked at what they deemed th
moral depravity of their opponent
IN The monetary cities Of the countr
ar have never given their sanction to
>, monetary law that has had the slieh
a., est tendency to ameliorate the col
ra htion of the poor. All legislation W;
-. placed on the statute books in the il
,o terest of national banks for the el
~ hancement of the value, of the bonde
~ debt, national, State and municipal,f fl
- the benefit Of every ma
he with a fixed income, or the a
all emulation of money, and to IL
no injury Of every debtor and tax pay
me throughout the land. The bill wou
N, relieve the debtor and taxpayer, gi
,,s the producer better return for /
20, labor and lead to a more even dist
m button of wealth.
;th WASHINGTON, March 25.-( Bull
on TIM AT 5 p. m. the previous qu'
his ton on the free coinage bill was ordt
rn. ed by the House, and pending tn
tho motion Mr.. Burrows moved to lay t
,se bill on the table. The ayes and la
oct we're ordered. At $3.50 p. m. t
,rv motion to lay the silver bill on t
hts table failed by vote of yeas Il
d." nays l48.
WASHINGTON, March "a II Bulletin
A motion to reconsider was made