Butler citizen. [volume] (Butler, Pa.) 1877-1922, 1892-07-15
FREQ Silver IN the Senate.

= The United States Senate passed Iree-
silver coinage bill as unqualified ana un-
relieved of every saving grace as It is pos
sible for language to make it. Even sne
proyiso that foreign silver coins should not
be brought here and dumped into our
mints, was stricken out. The silver plank
of the Chicago Convention, which processes
to express the Democratic faith as to sill
YER, and would have operated as rule OF
Interpretation if placed in the bill, was
laid ON the table by the Democratic Sena-
tors when moved as an amendment to the
bill. The free coinage Of 600 grain sill
yer dollar which embodied the recon-
mendation of the Democratic platform
that the gold and silver dollar shall be Of
the same intrinsic and exchangeable val
ne, was also voted down, showing the in
sine Gritty and essential dishonesty of the
Democratic professions on that point. Not
content with providing for the free coin
age into United States legal tender dollars
of all the silver in the world at rate 30
per cent, above its present value, it is also
ordered that the silver bullion now in the
Treasury, against which United States
legal tender notes have already been issued
shall also be converted into silver dollars.
This bill passed by the vote of IL Dem
ocrats and II Republicans in favor to 2
Democrats and IS Republicans against. OF
the twelve Republicans eleven are from
silver mining States, or from States imme-
-maccfy adjoining tn015 15wnv----a-A--a----a-a-
is silver. The other Republican voting
for free silver is J. Donald Cameron, OF
Pennsylvania. The eleven voted in ac-
cordance with what they had reason to be-
heve were the interests and wishes of their
constituents. Mr.. Cameron voted direct
" against the interests Of his constituents,
and is the only Republican hailing from
any State east of the Dakotas who had the
hardihood to join the Democrats in voting
to stamp as Q dollar every 6S cents worth
of silver brought to our mints.
Should this bill become a law and remain
on the statute book long enough to worl
out its full effect, 1t would reduce by one
third the allowance of every pensioner
the legal value of every savings bank de
posit, and all fixed incomes; and until g
painful readjusting process had been gone
through with, it'would reduce wages and
salaries by Q like amount. Free-silvel
coinage means rapid drop to silver
basis, and the substitution of silver dol
lar at its true value, for the gold dollar AZ
the legal measure Of value. II means the
exodus of gold and the reduction of the
United States to the ranks Of the silver
standard countries such as Mexico, China
and British India 1t means the introduc.
ton for season of general state ofinsta-
bility by which sharp sp eculators viii
profit, but the general body of the people
will lose.
Happily there is no danger of this result
while President Harrison is in the Whit,
House ready to veto such vicious legisle
tion. The strength and audacity of tn,
free-silyer men show, however, the urgen
necessity of electing Senators and Repre-
sentetives who will support the Presiden
in resisting such assaults upon the integri
ty of our currency.
important votes are taken, Mr.. Quay wa
not present when this pernicious measure
received the sanction Of the Senate and tn
support Of Mr.. Cameron. Philadelphia
Press.