The morning news. [volume] (Savannah, Ga.) 1887-1900, 1892-03-24


bill Of to-day provides for the use of the
mints already erected. The bill Of l74S
provided for the deposit Of any amount Of
tobacco. by any person, and the issue
OF Tobacco notes, i" the notes TO be accepted
as legal tender and be receivable for debts
and dues Of the government The bill of
to-day provides for the deposit OF silver
bullion, whether owned by an inhabitant OF
England or Africa or America, and the
issue therefor OF coin notes as legal tender
receivable for the debts and dues Of the gov
ernment. lLaughter.l
BILL FOR UNLIMITED PURCHASE.
This bill Is not bill for free and unlimited
coinage Of silver, but bill for unlimited
purchase OF silver bullion. There were
nine bills before the committee that did pro-
vide for free coinage, but they were all laid
aside and this bill was reported in their
stead. The effect of the bill by repeating
the act of two years ago. the act of 1890,
would be to restore the act Of 1878.
"Does the gentleman take the position, I"
inquired Mr.. Bland, shat TO repeal the act
of July IA, 1890, would revive the force of
the previous act thereby repealedp
"Yes, SIR"
THAT is position contrary 60 all the
principles OF law that ever heard Of, j" said
Mr.. Bland. 1.-THE act of 1890 repeals a
portion of the act OF 1878. Now, this bill,
10 repeating the act of 1890, does not restore
the act Of 1878 at all"
Mr.. Stone persisted that Mr.. Bland was
wrong and that the passage OF the pending
bill would be to revise the act Of 1878 pro-
viding merely for compulsory coinage of
$4,000, 600 per month.
AN EXTENSION OF TIME ASKED.
At the conclusion of Mr. Stones remarks
Mr.. Bland asked consent that the debate
on the free silver bill, which would expire
Tomorrow night, be extended until
Friday afternoon at 5 o'clock, but Mr..
Simpson OF Kansas objected on account
of the failure of the friends of the bill to
make any allotment of time to the repre-
sentatives Of the Peoples party.
Mr.. Warner of New York, a democrat,
spoke in opposition to the bill. He did not
believe In the right Of the government to
encourage or discourage the use of either
gold or silver by enforcing an arbitrary
ratio between the two metals He thought
the duty of the government should end
when it placed upon Its silver coin the
stamp of the government certifying to the
amount Of pure metal In the coin. IF this
was an actual free coinage bill, said he. lit
would receive my support; but 1t is a
proposition that every bullion owner In this
country shall be allowed to bring his bullion
to the mnts and the government shall
every 70 cents worth of it
is worth a dollar. Every man is
then compelled to accept silver at 40 per
cent. premium in violation of all obliga-
tions contracted for the payment Of debts
in honest money. 1t is not free coinage
bill, but farce currency bill
Mr.. Brawley of South Carolina opposed
the bill, contending that its passage would
prove detrimental to the business interests
Of the country. The ratio fixed in the
measure was not the ratio fixed by the
markets of the world, as jefferson and
Hamilton both said 1t should be. The ratio
should be fixed by the ratio Of the relative
prices of the two metals. SO this question
would have been treated II 1t had not been
for the silver kings, who, encouraged by
the practice of subsidies and protection In
this country, wished to palm off their
product on the government at price great
or than its market value. One interest after
another had been protected by this govern
ment at the expense Of the people, until
they stood like barons In those castles in
medieval Italy and Germany upon every
precipitous hill and crag, whence they
dominated the subject land, levying tribute
and extorting ransom. 1t would poison the
source Of prosperity to depart from that
standard which had unvarying equivalence
with the money of the world.
NUT DEAOChATlC MEASURE.
Mr.. Hall of Minnesota, in opposition to
the bill, said that it should have ema-
mated from the republican side of the
House. II was a plant Of such delicate
fiber that only the rich soil of republican,
ism could be expected to bring 1t to fruition.
The bill was not for free coinage. 1t was
honeycombed and saturated with McKin-
leyism.
Mr.. Lynch of Wisconsin opposed the
measure, declaring that its chief aim was
to make something out Of nothing: its chief
purpose to make 70 cents worth 100 cents.
Mr.. Stout OF Michigan also raised his
voice in opposition and argued In favor OF
an honest dollar, which would be worth 100
cents.
MIR. Lodge Of Massachusetts, Mr.. Beltz-
hoover of Pennsylvania and Mr.. Perkins
of Iowa opposed the bill. Mr.. McKeighan
of Nebraska. an independent. spoke In favor
of it, and Mr.. Bushnell of Wisconsin spoke
in favor of the proposed amendment, pro-
vidinR that hereafter the silver dollar shall
contain one ounce troy Of pure silver.
The House then took a recess until 7:30
o'clock.
THE NIGHT SESSION.
When the House met after the recess
there were not dozen members in attend
ance, although the galleries were filled with
spectators. Mr.. Perkins OF Iowa concluded
bis speech with an attack upon the Demo-
cratic party.
Messrs. Coombs, Bacon and Chaplin of
New York, Page of Maryland, Brosius of
Pennsylvania, Hayes Of Iowa, Geissenhainer
of New Jersey, Walker of Massachusetts,
and Bunting of New York opposed the bill.
Messrs. Abbott of Texas, Townsend of Col
orado, Whiting of Michigan and Layton of
Ohio advocated it.
Mr.. Livingston Of Georgia, In advocating
the bill, said that II congress did not now
hear the voice of the people, the time would
soon come when that voice would be heard =.
The cry was for relief. The people had
hung their banners on the outer walls and
had exclaimed: Lay on Macduf, and
damned be he who first cries Hold,
enoughr" The gentlemen from MasSa-
chusetts, who represented democratic con-
stituents, opposed this bill because they
thought that it might endanger democratic
success in the next election. Ninety-nine
times oIt Of hundred right was the best
policy-truth was the best policy, either in
politics or out of politics. To-day there
was the contest in the state Of New York.
| Hill and Cleveland meant nothing more or
less than silver and enti-silver. That was
all there was in it. The fight was on. 1t
would be bitter and severe. But be trusted
| in God that In the end the people would
| win.
Mr.. Harter of Ohio-May ask one ques-
| tion? Do you mean to say that Senator
Hill is in favor Of free coinage? Laughter.
Mr.. Livingstoa-Well,n now [laughterl
want to ask you this questions viii you
vote for Senator Hill IL be isl Laughter
mo, sir" replied Mr.. Harter. with em-
/ L 4 -