New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-02-10
ANOTHER SILVER HEARING.
THE HOUSE COMMITTEE LISTENS TO FRIENDS
OF FREE COINAGE

THE HOUSE COMMITTEE LISTENS TO FRIENDS
OF FREE COINAGE.
Washington, Feb. (SpecaD.-The House Ooni-
mttee on Coinage will probably vote to-Inorro" ~
report the Bland bill favOrably. tn cOmmt'ee
listened to-day Mr.. Newands in behalf OF the iree
and unlimited coinage Of silver. His presence Dclor1
the committee was not desired by Chairman liland
and other free coinage members who thought that the
subject had been so thoroughly discussed last year
that It would be waste of time to go over inc giouhu
again. especially the opponents OF free coinage ou
not ask to be heard The appearance OF MI new
lands was not agreeable 10 the free coinage hie lux
another reason lie is fluent and vigorous speaker
and gets on swimminely unless Interrupted WIFI
oueSons when he often seemed at loss how to re
play and as one Of the ablest free coinage MN IN
the House today remarked lie gives our case away
Both Yesterday and to-day Mr.. Newands suhefTu iroh
such interruptions and free coinage members vi tio
committee were compelled to exricate min from Ills
ANTIQUITIES az course this detracted seriously from
the force of his arguments, and 1t apparently castf
Chairman Bland and Of his colleagues cohsluer-
able annoyance. A.
Ieonard Rhone, of Pennsylvania, r presenting ue
Legislative Committee of the National 'i"Hge Sau
that the American farmer asking that silver Ue
restored to the place 1t had occupied prior to 1915
An Increased volume of money, he said, meant an ell
hancement OF prices. The farmers had no silver Vi
stocks to SELL but thy did have farm products "'n
were affected not only by our policy, but by inc pooo
NJ other countries. When the American iin0I "N's
with his wheat into Liverpool market ne ootaihen
nossihly 81 10 bushel for it, wbil the lndlah ana
Rnssian farmer realized 81 so in silver for his wheV
thus placipg the American farmer In disadvatgeos
position In the foreign markets lie read the resoi
TONS ~ the National Grange in favor OF free coinage
Mr. TAYLOR OF Illinois. asked Mr.. Rhone ii he coulu
not get IN Liverpool the same amount OF silver loi Ills
wheat that the Indian farmer could.
Mr. Rhone replied that the exchanges between inc
limited states and England were made III gold, ana
that u the farmer took silver bullion he would nave TO
sell IL here at its bullion price, Even II all 'ha' was
said AGAINST free silver coinage were true the FARMER
wmld not lose anything, because there was no uiic
when the farmer Jared well as in 1862 Wheh there
was Q deprecated currency.
Mr. Rhone response TO question sald 'na' II was
,redlced after the Bland and at various other Times
that all our gold would be taken from u.s. but nothing
of the sort has happened.
Mr. williams of Massachusetts-And IL was preuic'cu
that the recent silver law would send silver to II ~
Mr. Williams, of Illinois, and Mr.. Barune, OF NeVaua'
insisted nat the silver had never made any snch
prediction They insisted that the enemies OF silver
had made those predictions and said that tire fourth
Of e silver men voted against the present silver law
E. NJ Burchell read address ridculns the deciaI@
lions of opponents of free coinage 49,,
George q Merrick OF Colorado, insisted that free ana
unlimited silver coinage not equivalent 10 pur-
chase of silver by the Government but that the owner
ship OF silver coin IN the holder OF Duon ana not
the Government Just gold bullion holders oWhed tho
bullion coined for them.