Rock Island daily Argus. (Rock Island, Ill.) 1886-1893, 1893-08-28
BLAND BEATEN.
And the Wilson Repeal Bill
Enacted by the House.
CLOSE oF'THE DEBATE ON SILVER,

ShOSL "a lhI DbDhlb UN SlLV Lii,
Reed. Cochran. Bland and Wilson the
speakers-The Maine Leader Promises
the support of Republicaes to sound
Finance" While the New York Orator
states His Position with Vigor and Flo.
quence-Reply of Bland and Wilson.
Windup.
WASHINGTON, Aug. 2S.ZThe house
rejected Bands l6 to l proposition
by vote of l23 yeas, 225 nays, this
morning.
Amendments Not Popular Either.
WASHINGTON, Aug. 2S.-The house
then rejected the II to l amendment
by vote of 100 to 240, and the IS to
! amendment by vote of 102 to 239.
The 10 to l amendment was then
proposed and rejected by vote of
105 to 237.
The 20 to l amendment shared
similar fate, being defeated 1l9 to
222. An amendment to re-enact the
Bland-Allison act was defeated by
vote of 136 to 213.
The Wilson Bill Passes
WASHINGTON, ID. c., Aug. 2S.-The
Wilson repeal bill was passed by a
vote of 240 to 109.
The Wilson bill, the successful
measure in substance, repeals the
purchasing clause of 4,500,000 Oun-
ces month, or so much as may be
offered in each month at the market
price thereof, not exceeding 81 for
SlI grains of pure silver.
The House Debate.
WASHINGTON. Aug 2S-When the house
met today, rs soon Ps the prayer of the
chaplain roi! call end the various other
matters that inevitably come up to delay
the opening of the vital business
of the day had been disposed of.
the decks were cleared" for the final
action on the Wilson bill 20 repeal the
purchase clause of tie Sherman act. The
business of the day is not speech. but
voting Beginning with an amendment
providing for free silver coinage mt ratio
OF 10 TO l the house will be in Il constant
state of division all day ON the other prop
ositions of the silver men in which they
| strive to secure free coin ge with as little
silver over 81 25 grains in the dollar as
possible What the vote will be no one
| can know. But indications are that the
house is for the Wilson bill and that it
will pass-the propositions of the silver
men being alt rejected
The Champions the Floor.
The closing day of the debate was day
Of leaders No one disputes Reeds lead
| ership on the Republican side. But there
| have been statements and counter-state.
| ments with reference to Bourke Cock ran
| being the leader on the Democratic side
The chairman of the ways aud means COM
mittee is generally supposed to have that
place. But i. the burning question at
\ this and the next session of congress shall
| be the silver question c c&rau's spec h
| Saturday gives him the right to the lead
| ership; for no one on the Democratic side
of the anti-silver forces has put the argu-
ment against the white metal so clearly
and forcibly. Twice during the day the
| floor and galleries were tuIl-when Reed
and Cochran spoke.
| Reed did not deal with the ins and outs
| OF the silver question, He simply gave his
| view of what the causes of the depression
| are, and the reason he would vote for the
repeal OF the Sherman law. He said that
| crises like the present were inevitable as
long as man WAS man. The cause of the
present one was of two-fold character
| The fact that the Sherman Law had re-
| suited in the loss of as much gold as it had
had provided of silver had made peopl.
| think it was in the way and their conf
| dence would not be restored and the coun-
| try would not get out of a situation in
which in spite of larger currency in the
/ Ln, 80 l.,
was a famine in circulation until the law
| was repealed.
Two Words That Explain Matters.
| There were two words that expressed
the condition of the people during good
and bad times and they were confidence"
| and "distrust." Just now distrust had
| sent the money that should be circulat-
ing in the arteries of commerce into hid
| ing. But the repeal of the Sherman law
| would not cause an Immediate revival.
Justly or not the law was believed to be
| the cause of the boarding of the currency,
and he would vote for its repeal. But the
| banks We're not boarding currency in the
| general accept ttion of the term. They
were at this TINS the manstay of the
| country against worse disasters and We're
| doing patriotic duty and doing it well.
| Effect of Expected 1arin Reform.
| Ihe speaker then salu tnat away down
at the bottom of the whole distrust was
the uncertTinty as to the tariff. He did
not say that protection or free trade was
right-he Lett that argument aside. He
would admit for the sake of argument
that free trade was a great blessing and
should be quickly adopted; or that any
| modification of the present tariff was bet
ter in the long run for the people than u 9
existing schedules. That did not alter the
proposition. The fact that change was
impending was bound in the very nature
| of things to force manufacturers to pre-
pare for it by cutting down production to
the lowest possible point. 1t did not make
any difference to what extent the tariff
was lowered the effect of the change from
system under which the country had
operated for thirty years was bound to be
Oppressive.