The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-08-27

He did not join in the tone of
levity in which the political platform Of
the Democratic party had been threat
ened. he believed that declaration Of
political faith was binding on party,
and he stood here to-day opposed to the
measure of free coinage; he stood on the
, democratic platform with both his feet,
while he who proposed such an act was
trying to push him off it.
FREE COINAGE DIDN'T GET TEN VOTES.
He had assented to the deliberations OF
the democratic convention [ironical
laughter from the republicans] and had
good opportunity to discover with what
yigor it bad put its feet on any one who
undertook to interfere with the free
course Of its operations. And he remem-
bered that when the financial part of the
platform was read delegate from
Colorado proposed, as an amendment, the
insertion of the word "free" before the
word coinage" and had supported it in
a speech. But it did not poll ten votes
when the convention took action on it,
Talk to me- Mr.. Cochran said,
"about the Democratic party having de-
clared for free coinage. l believe that
the claim for free coinage came from
Colorado and Nevada But why did
Colorado and Nevada take to the woods
during the election of 1892 Laughter.
upon these parties and enlist in the
populists' ranks! l stand by the demo
cratic platform, which declares for the
"use'' of silver; and l believe in it. AS
to bimetallism in the United States and
in France, there never has been bimetal-
lism in the sense argued for"
THE PLATFORMS EXACT PROMISE.
Continuing, Mr. Cochran said that he
was in favor of silver; but in its platform
the Democratic party had refused to put
the word free before the word "cOin-
age" Applause The promise of the
Democratic party was that it would use
all the silver we had and now the Demo-
cratic party asked to suspend the further
coinage of silver, in the hope that
in the future the country would be
able TO add to its silver currency
without disturbing the standard of value
The United States was not suffering to-
day from a lack of money; it was suffer
ing from a redundancy of money. These
commercial crises were like every other
pestilence which swept periodically over
| the country. This crisis should be in
vestigated, the origin Of it discovered and
the cause of it removed.
In his opinion, the pronounced cause of
the political crisis was the redundancy OF
money. The circulating medium had
been so redundant that the wheels of
| commerce were clOgged by it. In this
country there was a redundancy OF
currency; and we shall watch the conse-
! quence-the more money the less issue
| the less you have. According TO
| Mill, it was not the amount
! of money in country that
affected prices; it was the amount of
money in circulation. You might he eX-
claimed put fifty millions a month, fifty
millions a week, into circulation and il
would be absorbed aslthe burning sun OF
! the desert absorbs a bucket Of water.
my friend asked me some time ago
| why it was that the banks had opposed
this legislation The banks have opposed
! it because the $2e, 600, 000, which would be
the amount the New York banks would
! gain by it, would be but a pittance com
! pared with the loss that would be intiict-
! ed on the business of the country by the
shock to its credit that would extend
! throughout the universe.
CITY AND COUNTRY ONE IN INTEREST.
Gentlemen have appealed to the senti-
ment of the country members as though
their interests were hostile to the inter
ests of the cities. l speak upon this floor
as member from district in the great
est city on the continent, and / say to this
! House that the interests of the city can
never be hostile to the interests of the
country; that the existence of that great
! municipal wealth is based upon the pro-
duction of the laborers of this land who
toll in the fields and dig in the ditches.
'Show me legislation which Isam con-
vinced win benefit thefarmer and, even
if it cuts down the profits Of the banker
or the capitalist on their per cent, you
will find me voting for it, l believe in
made to Telemachus, that it is
not the splendor of city, but
! the prosperity of the fields, that consti-
| tute the greatness of a nation, not the
Significance of its palaces, but the com
! forts of its homes.
I'VE have heard a great deal here of sec
! tions, Of north and south, of east and
west, and as we have heard it a doubt
arose in my mind as to
whether, after all, the victory of the
union was not a mistake. Are we
| to be forced to the conclusion that this
country is so vast; that its interests are
so diversified and irreconcilable, that
legislation which is essential to the
safety of turban interests must be hostile
to rural interests; that things which
make for the protection Of New York
must necessarily result in the oppression
of Missouri and Nebraska.
~ do not believe that thare ever yet
came time in this country's history
when any attempt to make q sectional
! footing has resulted in the profit of any
| body. ! hope that this attempt to revive
| the preiudices based upon the occupations
| of each of the sections viii be abandoned
by gentlemen when they come TO recollect
! the meaning of what they say, and that
they will realize that the fires of disunion
were stamped out by marching armies in
! this country and the embers were
/ quenched by the blood of the martyrs and
! the tears of widows. Loud applause.
LOVES IT FOR ALL ITS STATES.
! "I prize the citizenship of this country,
! not because it embraces New York but
! because il EN- braces Nebraska and Mis-
| souri,, and every section and each of the
| territories which is comprised within this
country.
New York has no mission except that
| she can administer TO your welfare. She
| trades upon your products; she grows no
! grass between her stones, her mechanics
! work at their benches, and by transfer
ring the rude product of the soil and the
| mine. fits the finished articles essential to
| the luxury or comfort of the human race.
! Her laborers tranship the freights
! and the fruits of your tolls
! from the cars in which they come
! to her borders, to the great argosies of
| commerce that bear them across the sea
! for distribution throughout the globe
/ and so she stands upon the verge of this
western continent, with one arm gather
/ ing the fruits of your toll into her lap for
! distribution over the globe, and with the
other gathering the golden tribute of the