The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1893-08-26
Il AM A BIMETALLIST."
50 Says Dln Hill. but BE Is Also an
Unconditional Repeater.
INDUCING IN lNNUENDO
A Speech EmInentiy Characteristic
OF the Man-The Mantle Case
Again Postponed TIL
Next Monday.

est IN the senate to-day ccntercd in the
speech Of Senator Hill, who defined his
position on the financial question in an
address Of nearly two hours duration.
Nearly every member Of the senate was
in his scat and an attentive listener, and
many members of the house crowded over
to hear the distinguished senator. II am
q democrat" which has now become pro-
verbal, was recalled to-day by his forciblo
declaration on the financial question
when, as usual, he epitom!sed bis silver
views In single sentence. II am a BIZ
metallist," !" said he. II do not believe in n
single gold standard or n single silver
standard. but do believe in the use of
both gold and silver as the standard
money Of the country, and In their free
coinage In our min,s at a proper ratio and
without discrimination In favor OF one or
against the other"
The chief surprise OF the speech Of Sem
ator Hill was the position he assumed
minimizing the importance of q revision
of the coinage ratio and his suggestion
that international bimetallism might DO
sought by holding out an inducement to
the Latin union countries to recoia at o
profit rather than at loss, gave greater
satisfaction to the western free coinage
people than even the most sanguine had
expected from his argument. There was
o dead stiffness in the senate when tho
speaker referred to the state
ments that President Cleveland was
attempting to lead the country
to recommendation, and made his
comment thereon, concluding with his de-
fiance to presidential domination. II
shall refuse" said he, ITO follow in tho
footsteps of any administration that seeks
TO place the democratic party In o false
position, that seeks to lead It away from
democratic. principles and platforms and
into the very camp of tae enemy. The
presiden, mus. roly upon republican
votes to carry out such suicidal policy"
The democratic senators looked gloomy
and unhappy, but smile of amused sat.
isfaction covered the faces Of the repub-
licans.
There were those, Hill said, who
do not wholly agree with tho president in
his diagnosis Of the malady now affecting
the body polite, and who did not hastily
Join with him In the rosy CONCLUSION that
financial millennium Is to come the mo-
ment tho Sherman law Is removed. There
were some, who had given the subject at
tention, who believe the cause OF the pres
ent depression deeper and beyond the
Sherman bill; who believe that lis foun-
dations were laid in the evil hours Of
1873, when the country uuwittingiy laid
aside financial policy that had been its
guide since the foundation of the govern.
ment. The existing financial disturb
ance, Hill found, was attributable to three
distinct causes: nrst, IL was the natural
aud inevitable result of many years Of
real or fictitious prosperity; second, some
portion OF the present panic could be
traced to q concerted effort on the part of
monometallists TO produce a panic in
order to discredit silver; third, that no
matter what else may have contributed to
the present financial condition, Il would
not be denied that the silver purchase
law had been, at least In part, and possi-
bly, most largely, instrumental In produc.
ing the existing considerations,
Hill did not believe tho simnls rensal of
tbe Sherman Law would AZ once r.stora
abundant osperitv hut that manu- yo,,.