The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1893-08-26
1t Has Now Been Set for Next Mon
day Afternoon al Two
O'Clock.
Vests Figures Do Not Agree With
Those Sent in by Mr.. Oar
lisle.
The Government Could Coin the Bullion
Bought since 1878 and Make
Lot Of Money.

WARRINGTON Aug. 25.-The vote on the
Mantle case was postponed till Monday at
two r. m. Vest sent to the desk and had
read n Communication from the director OF
the mint, giving statistics OF the quantity
OF silver bullion purchased since 1878. the
date OF tho Bland Allison act. Vest
summed up all the figures to show that il
all the silver dollars aad subsidiary silver
were recoined at the ratio proposed In his
bill. twenty to one there would still be a
profit to the : easury on the whole silver
transactions since 1873 of owe, fifteen and q
quarter millions. He insimated pretty
broadly that Carlisle, in his letter 10 benA-
tor voorhees, on the same subject. had not
treated the subject fairly.
Hill then took the floor TO address the
senate on the financial situation. Al the
conclusion of his address Stewart took the
floor and addressed the senate. He de-
claEed that the bill Of the faancs commit
tee was bill practically 70 demonstize sill
YER. No man should be deceived on that
point. The prOmiee in the bill was an
insult to the intelligence of the American
people. The people, he said. had come TO
tho forks of the road. where they had either
to use their own money or submit to a sys-
tenn of e1tortion through national banks.
Tho sherman act had not been executed
acco ding TO its spirit. If 1t had been IL
might have done good; it certainly would
not have done ha m. What has been done
under 1t has been the issue Of $14O. 900, 900
in legal tender notes, which had done
much to sustain the business of the coun-
trs. without them . panic would have
happened before long
The senate then Adjourned until Monday.
The second day OF the fve-mlnuse debate
in the house on the silver bill began this
morning. Pendlston, of Texas, and Bowers.
OF CRlifo mia, spoke iu favor of free COIN
age; Dookery, OF Missouri. and Moon. Of
Michigan, for bimetallisnn. Cobb. Of Ala
bsms, opposed unconditional lepeAl. Bur.
rows, of Michigan, advocated repeal. op-
posed free coinage, and laid the blame for
the present financial dist ess at the door Of
the democratic party, saying the financial
distrust was the result of fears Of manu-
facturers regarding tariff legislation. Ho
contrasted the condition of the country. as
shown in President Harrison's last message
and in President Cleveiand's message TO
the extra session.
Springer declared that the Yemonet ixation
OF silver In this country at the ratio OF six
teen to one would either bring the nation
down to a gold standard or advance the
price Of silver bull on to the coinage value
of a silver dollar. If the former, 1t would
result in financial crisis compared with
which the present depr ession would be az q
zephyr to u Cyclone. Hundreds of millions
of foreign capt invested In this country
would be withdrawn. our credit destroyed
and We would sink TO the condition of Mex
leo. India and China an would be thrown
out Of harmony w. th the great commercial
powers. which buy near.y $500, coo. 600 worth
| Of our products.