Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1893-04-16
SILVER AND SENATE.
WITH THE MEMBERS
or THE FINANCE COMMITTEE
The shsrman Bfn Cannot ne Repealed
without subsutatlnE Frse Coinage
silver Leglsiation-Ths Tarn

policy OF the hnHuce committee OF lh0
Senate in the next Congress - exciting
much interest here, Rll legislation affect.
ing the silver, tariff and revenue ques.
tlOns must originate Ia this committee or
/ be referred TO IL for examination aud re.
port The committee is made Mp rs fol-
lows. Voorhees, Of Indiana, chairman
MCPHERSON Of New Jersey, Harris Of
| Tennessee, Vance Of North Carolina,
| Vest Of Missouri, Jones Of Arkanyas,
Morrill, Of Vermont, Sherman or Ohio,
| Jones Of Nevada, Allison Of Iowa aud
Aldricb Of Rhode Island.
MAJORITY FOR TARIFF REVISION
The majority Of the committee favor
thorough revision OF the tariff In line
with the pledges OF the Democratic party
to the people, and can be relied upon 10
supplement the efforts OF Democratic
ways aud means committee IN the House
90 secure the early passage OF revenue
reform measure. There Is no doubt that
a majority Of the committee Is friendly
to silver and will resist any attempt 80
repeal the Sherman silver law, unless q
substitute be enacted providing for at
least as liberal a policy toward the
white metal. Correspondents have in-
teryiewed the members Of the finance
committee now IN Washington, and their
views will be found below.
FAVOR INCOME TAX.
The Democratic Senators hope TO sub.
ordinate the silver issue 90 the tariff. on
which the party stands sOlidly together.
If IL becomes necessary to- Increase tho
revenue by special legislation, they favor
an income tax as against imposing Il
tarin on sugar or on any of the ncccs.
saries of life. The Republican Senators
are noncommital. They point To the
fact the Democrats are In power and in-
sst that they shall formulate all policies
aud bear all responsibility.
VOORHEES, ON FREE SILVER
Senator voorhees,. chairman OF the
finance committee, has for years been
an advocate OF the free coinage Of silver.
lie said
"1hc proposition Of the repeal Of the
sherman act must necessarily hC nc.
cOmpanird by the draft 0f q measure 10
take the place of that legislation. | am
in fuyor myself, OF return to the
| Bland law, which worked very sutis-
tuctOrily while il WIS iu existence. and
IN my Judgment could boo re-rnncted with
good results to the country. That or
| something else equally as acceptable TO
the friends oi silver, must hc brought
! forward for the reason that the repeal Of
the Shcman act pure and simplu would
work the complete decentralization Of Ill.
YER. ! do not understand that anybody
desires or expects such thing as that
MCPHERSON AND VEST.
Senator Mcpherson Of New .Ierscy said
| THE sherman law ought to be repealed,
| but it 10 too early now TO say what will
/ be- done az the next session either la the
| finance committee or ia the Senate.
Senator Vest Of Missouri said 81 do
| nut believe the Democrats in the Senate
| or House OF the next Congress viii be
/ n any hurry 10 take up the silver uues-
/ ton la any phusc, and don't expect
there will De- mach agitation nt least IN
/ d UlU ia I'll % % al
mnu law repeal anu satisfied Il cnn.
not be passed without guarantee Of
| other legislation equally favorable 60 sil-
yer aud tariff equally Objectionable TO
| those who are anxious for the repeal Of
the present Inv. The controversy IN the
Democratic party Is well understood In
all Us bearings. aud the leaders viii not
| favor furrlug an issue on q question
upon which the rank and file are 10
| much divided. In my own state we are
for free silver IL is impossible to cx-
plain 90 my people why gold should be
more generously treated than sbyer,
| Way one man owning twenty acres Of
laud can dix up gold and have Il coined
into money without Cust, another man ON
adjoining twenty acres, who mines silver.
| has 10 rejected 10y the mint ms though Il
were Of NO value Tho sO-called Wall
street conservatism IS not good urgu.
meut I'm my section. Indeed the very
y
10 fight for gold MS against silver Is the
best argument tile farmers OF Missouri
have IN favor Of free aud unlimited coln-
age Of silver
| VANCE POSITIVE FOR SILVER.
Senator Vance of North Carolina said.
You may safely say that the sherman re-
peal bill will not pats at the neat session
OF Congress. do not think II viii make
much Of stir In amy form but u certainly
tsHtn Nt.F NFta. III
yer viii hc stronger Va the next Congress
than In the last, and viii BE- able to 81.
cure more friendly legislation u any
change Is made In the present laws OF
course ! cannot say what Que committee
viii do, but am satisfied that no ini-
portant advantage would ba gained by
those who are opposed 90 silver"
JONES OF ARKANSAS.
Senator loncs of Arkansas said, "a
am In favor Of the free coinage of silver.
but | recognize the fact that the party IS
divided ON the subject aud tarin. hold
myself ready to consider and support n
fair compromise. The Substitution of
the Bland law or some measure equally
as good would Induce me 10 vote Cor the
repeal of the sherman act A ComprO.
mise Ia absolutely necessary, since the
simple repeal of the Sherman act would
completely dcmOuetige silver 10 is the
sherman act That gives 20 silver the
character of money, J have no doubt OF
the ability OF the Democratic party Ia
settle this question TO the benefit of the
entire country
HARRIS FIRM FOR SILVER.
senator Harris OF Tennessee said: TT
~ useless 60 talk about the repeal Of The
sherman act, ana as an independent
proposition, IL coald not pass either house
OF the next congress, | shall be willing
TO vote 20 repeal the act In the interest OF
something better for silver / have not
thought much about a substitute. The
Oil bland law would suit me
Senator sherman OF Ohio, who Is re