The Hazel Green herald. [volume] (Hazel Green, Wolfe County, Ky.) 1885-19??, 1892-06-17
ThE SILVER BILL.
Speech OF Hon. Joseph NJ. Kendall, In the
House of Representatives, Satur-
day, May 25, 1899.

MR. CHAIRMAN: My honored prede-
cessor pledged the convention that NOM
mated him that he would lift their ban
ner in fire against the money changers,
the money lenders, and the Shylocks of
Wall street; the tariffs of the East and
the railroads of the West; questions
which were pressing then for settlement,
but which are pressing now, as they new
er pressed before, upon the heart and
brain of a Federal Congress for solution
in spirit of absolute fairness to all in
terests, all sections, and all men. In
much humber way, but with an equally
fearless and unhinching zeal, not caring
what the cosequences may be upon my
own fortunes, sir, am here to redeem
that pledge. 1t matters not what polit'
ical party has the President and Congress,
50 long as high protective tariff and
contraction of the currency obtains (both
sadded upon the American people by
the Republican partly, just so long Will
the poor people of this country continue
to complain and suffer.
1t seems to me that the two problems
with which we are confronted are, first,
how to get more money into circulation;
and, second, how to prevent what we do
get from following what we have gotten
into Wall street and Pennsylvania. 1t
can not be successfully denied that the
volume of money is sufficient to carry on
the business transactions Of the people.
We must either increase the circulating
medium to meet these demands or BUSH
ness will be cut down to the compass of
our present circulation. The industrial
interests of the country can not thrive by
reason of this lack of money, and must
inevitably perish unless something Is
done. 60
1t is indeed high time, Mr.. Chairman,
that we should pause and reflect. Let
us glance at the history Of the past and
adorn our present lesson with the wisdom
it teaches. For example, look at Eng
land. For centuries the British Govern.
ment has made war upon silver and de-
based it. and what has been the result
Sir, the question hardly requires an ans
wer. 1t is a we'll known fact that nearly
all the lands of that nation have passed
into the hands of the few. Over two
thirds of her 72,OO0,0OO acres belong u
less than 200 persons. This is, to
great extent, the result of making money
scarce and high, and consequently pro
ducts and labor low and cheap. In this
way they managed TO get the lands and
labor of the former owners, and now these
lords and masters of their own creation
compel them to pay annually more than
$3.50, 0O0, 600 in rents, and today 1t goes
without saying that England, Ireland
| Wales, and Scotland are..ruled by aristoc
racy of wealth wrung from the toll and
sweat of oppressed, down.trodden, di.'
contented labor.
Sir, | speak in no spirit of demagog,
when warn you that in the same way
the same thing is being attempted here
1t is astonishing what gigantic, strides
they have made in that direction in TIT
last eighteen years. From 1892 10 1877
we had free timetable coinage and yer!
few milliOnaires. In 1873, however, thu
Republican party, under the Leadership
Of Senator Sherman, in imitation OF Eng
land, secretly and clandestinely strucl
silver in the dark, and millionaires hav
sprung up in great numbers, and on tn
other hand the poor have mostly becom
paupers. The attempt made in the Sen
ate on last Wednesday by Mr.. Sherman
in reply TO Mr., Morgan, TO shirk the re
accessibility of that direst calamity eve
. inflicted upon the American people b
Congress was the weakest utterance in tn
nature Of an apology that ever fell iron
the lips Of Ohio's very able and ingeniou
senior Senator.
Mr.. Norran.-I think the people will n
gard him rs the head Of the column, havln
been chairman of the Committee on rlnanc
AT that time, AS the Senator was. The hi
tory of this matter has been gone over yer
oIt.n. and there Is a man now sleeping
his grave In Kentucky who made such stat
ments in the presence OF the senator irol
Ohio here upoa that question, which wer
placed In the Record; and for the Purpos,
Of getting him little more consp,e s,, ~
F ,.,l.ns ulwelco,ne task at the moment {