The Coeur d'Alene press. (Coeur d'Alene, Idaho) 1892-1907, 1893-09-09
A PLEA FOR SILVER
PETER LAYS DOWN SOME FACTS
II II Time the Partnership Between the
Government and Spectators In Wall
street Was Dissolved.


the new populist senator from Nebras-
Ia, today tried to secure an adjourn
ment In honor of Labor Day. Senate.
Voorhees, warmly opposed the PROPOSE
tion, and carried tie day-4i tos.
The joint resolution making Sertem-
Der IS the centennial anniversary of the
laying of the cornerstone Of the capital
building a holiday 10 Washington was
passed as it came from the house.
Senator Butler submitted an amend
ment to the repeal bill removing the
tax on the circulation of state banks,
provided such banks secure their circu-
latIon by coin or by approved state or
municipal bonds.
Senator Allen of Nebraska presented
4 resolution directing the secretary of
the treasury to inform the senate
whether that department has at any
time redeemed any silver or coin GER
tlhcates In silver coin as provided by
the uncoined silver bullion purchased
nnder that act; why it has not been
coined, as the act requires, and and
what part, if any, of the paper money
redeemed in gold since March has
been cancelled or otherwise withheld
from circulation. Referred to the
finance committee.
Senator Kyle offered free coinage
amendment to the finance committee.
The Repeal bill was then taken up
and Senator Cullom Spoke in favor of
unconditional repeal.
Senator Coke of Texas obtained the
floor at the conclusion of Senator Gull
lum's remarks. He said in part: The
settlement of the money problem can
only be brought about by the establish
mens of bimetallic currency as it exist
ed prior to 1879. The people will never
be content until the wrong of 1873, by
which one-half of the money of the
country was stamped ont in order to
double the purchasing power of the
other half, has been undone and re-
versed. If the single gold standard be
established in America, the Rothchild
and the Bank of England, with their
Nav York associates, will become the
aroitrators of American finance and the
directors of our financial policies, be-
cause they control the gold which the
United States would have TO have. The
abande nment of silver by the United
Strtes would be its death knell as a
for subsidiary coinage. We have no
hopes of an international agreement
The United States must depend upon
itself if bimettalism is expected.
Senator PETERS amendment to the
repeal bill providing for free coinage
being the pending question. it was read
preparatory TO Senator PETERS address
ing the senate.
Senator PETER said the administra-
tion was not proposing to discuss the
philosophy of finance; they came to
congress with demand for a particular
act-repeal Of the Sherman law. The
suggest no policy which will admit of
the usual compromises in legislative
proceedings. 1t is this or nothing, and ),
so far as it concerned the people he
represented they accepted he move
ment In the spirit in which it was given
They proposed to give no quarter; his
people proposed to give none. He
called attention to the fact that a very
large majority of the farmers 10 the
south are members of the Farmers AL
lance, and the doctrine of the alliance
Is unlimited coinage of silver at the old
ratio. The alliance all through the
south had, he said, catechised all candi-
dates for office upon the cardinal tenets
of their creed and they had supported
no one for any important ONCE who
was not in sympathy with their views
and who was not willing to express
himself
Senator Palmer of Illinois wanted to
know what measure the senator from
Kansas proposed to secure--a parity of
the two metals Senator PETER replied
that he would do SO by the re-enact
ment of the old law providing for coin
age of silver at ratio of IL toll.
Palmer-Will that produce result of
equality in value,
Pefer-It always did before, il would
now.
1t was time, he said, that the part.
nership existing between the govern
ment of the United States and the spec
ulators In Wall street was dissolved.
THE leaders of the democratic party
are pursuing precisely the same course
the leaders of the republican party
did, and, senators, you are on the
breakers. There is bright, Young
vigorous party upon the map of politics
which Is ready TO shake hands with the
men Of ali parties to max. fight for
silver. The members of that party care
not whether it is called popuist or
national, or what 1t Is called, but there
Is coming union of hearts and hands
upon both sides of this great question
and that in the very near future" In
lecture which he had delivered in this
city before he had taken the oath of
ONCE as senator, he had predicted that
both great parties would soon be under
the leadership Of Grover Cleveland.
They were there now.
Msttheson's slayer SURRENDER