The times. [volume] (Richmond, Va.) 1890-1903, 1892-06-16
Mr.. MORGAN on sILvEn.

e
would address the Senate tomorrow on the
silver question.
MR. MORGAN ON SILVER.
Mr.. Morgan Dem.. Ala.). in accordance
with notice previously given. addressed the
Senate on MI Stewards Free Coinage bill.
He stated that the silver plank Of the Repub-
lican platform adopted at Minneapolis was
step TO the front in placing silver on a plane
with gold. This plank was equiyocal. but it
seemed TO cut loose from the single gold
standard of the Senator from Ohio.
Many members of the Senate. he said, had
attended the MINNEAPOLIS Convention. and
whether they would cling to the money prin-
ciple enunciated in the platform adopted
there remains to be seen. We had the right
TO expect at Chicago this month that silver
be not only equal 10 gold. but that it also be
gwen the right OF free coinage. If il was sup
pressed at any mans behest. that man would
be suppressed at their bidding.
Mr.. Morgan proceeded TO score Mr.. Sher-
man, who was present. for his assertion that
he lSherman) was q bimetallist and be re-
Peated his assertion of several days ago that
Mr; sherman was responsible for the fnan-
elal condition Of the country. The Senator
from Ohio seemed t. look forth TO an inter
national monetary conference TO get as out Of
the tolls in which he had involved us. Three
conferences of this sort had been held,
bat none had been successful. The ratio of
matter that concerned the people of this
country alone and not the people or govern
Inents Of other countries. We were criminal
If we yielded TO politicians and others the
right TO legslate 80 that our money metal
could be used in speculation against our
farmers and other producers. He believed
an international monetary conference im-
practicable.
During his remarks Dir. Morgan did not
fail las he has done on several occasions
lutely) 70 make sly hit at the various presi-
dental candidates. with whom ne included
among the dark horses, the beaten horses, the
handicapped horses, the spawned horses and
the colts
In conclusion Mr.. Morgan said the people
who must occupy the attitude Of the debtor
class must have some protection under the
laws OF the country and he called the atten-
tion OF the people of the United States to it
that they would see that their representatives
would not throw away their liberties
MR. PALMER's AMENDMENT.
The president pro tenn said the question
before the Senate was the amendment of the
Senator from Illinois (Mr. Palmer striking
out all in the bill after the first section and
ia reference 10 this amendment hIr. Palmer
said be had heard Messrs Stewart and Nor
gan say that the present ratio would Itself
establish the parity between the two metals
IL that were 80 then he was surprised that
the first section. He asked Mr.. Stewart why
1t was necessary 10 keep in the other sections.
Mr. Stewart asked Mr.. Palmer if he would
vote for the bill II his (Mr. Pelmer's) amend
ment prevailed.
Mr.. Palmer said Mr. Stewart was egading
the question. The gentlemen from Alabama
and Nevada had said the present ratio would
OF itself establish the parity between the two
metals Were they sincere in their assertion
IL was one thing 20 favor the free coinage of
silver AT the present ratio. 1t was another
thing for the United States TO buy all the
bullion rendered at the miuts.
dssultOry debate ensued. during which
Mr. Stewart said that silver was as much a
credit money as paper money. and the repu-
diatlOn OF silver as money would bring the
country to bankruptcy. Answering Mr..
Palmers question, he said that if he could
pass the first section of the bill he would send
10y 70 every section Of the country The
other sections were merely for convenience.
The first section restored to the people their
N ney; it wiped tho decentralization law %
1878 from the statutes. Was the Senator from
Illinois for the gold ring or the people2 Let
him say which.
BIr. Stewart said he feared the interna-
tional monetary conventions; be feared an
agreement between these foreign money lend
ers who wanted 10 rob US. Let the people as
they had struck tire shacKles from slavery.
strike blow for liberty BY insisting on the
passage Of the Free Coinage bill.
AT $40 z. NJ, the Senate adjourned until
tomorrow.