The sun. [volume] (New York [N.Y.]) 1833-1916, 1893-09-17

come an utter failure! II am az sure OF that as
Tn my opinion siiysr will be rehsbil!tatsd
t,e while ago as . to me yorld's stock Of gold
about sS6SSGoo 70 say that all tie greet
gold alone as standard money IL, to my mind.
ss5oHo9S.o%% Of inli legal tsnasr mon n IL
MONEY sSfS T SEnt
ever II isl that, We have now in circulation, rs
have In the United States about one firth Of
the legal tender money OF the world; and yet
In fnvor OF tho single. standard Of gold. The
single standard OF gold is imnosslhle. whether
Ne we ia i i or not. ~ my belief this S35Nl;
will remain az legal tender money. There is
less bullion in the coinage of the rest of the
States. That money IL scattered throughout
al Enrore and penetrates Al banks and bnsi.
us In the rohaHiiIt"tion oi silver. have heard
y said two or three times on the other side OF
the chamber that this country is big enough
without the concurrence of other nations, aud
that we should not enter into an International
nation On the face Of the, globe that is not In
terosted In the question"
After branching or into discussion OF the
the main point. He said:
II this Government will undertake the
silver and gold. believe that that policy will
be ACCOMPLISHED. and that within brief pc
tween ths metals s and prscticSy t. rehsbiI
tate silver: That is my belief: and that is the
son lion OF this question. In the mean time
We have to ',ritt along as best we can and as
Mr.. Hill dem. n. Y.>--would the passage Of
tho rcreal bill facilitate it. or would 1t him
Mr.. AllIscn-It is only matter OF JUDGMENT.
l may be right or | may be- wrong My belief
We. mr. 10 I'm "a nj ar Hon nj
agreement we must mako 1t aprcar to the
nations OF the world that we ourselves do not
mem to tnEe care o. silver That Is tho
There are men In Europe OF the highest
hs od men my W W ral eysy made
sooner or later tho Government Of the United
our gold as, we'll II 1t be known in England
next day. that we do not intend alone to deal
with this silver question they will deal with 1t
il ~ns AZ" vsr OF s T'h us So be-
Mr.. Allison said:
Europeis that conference OF nations should
assemble rhs AMI n deal WITH this question AND
growing party. and soon to be:1n my opinion
q ttrinmnhant party which ia in favor Of utiliz-
penple with long Investments cling to the
opinions and views Expressed In Mr.: Glad
stones speech. hut 1t is certain that all the
commercial. manufacturing. and agricultural
interests OF Great Britain are to-day in favor
OF utilizing silver and gold"
Mr. Siewart-,Do not all the Fnglish writera
say that il I'm gland sa ctions II II can be done?
Mr.. Allison-Certainly
Mr.. Stcwurt-EnGanlR lone2
Mr. Ailson-No sir. 1t is IA we'll understood
n England as it is in this chamber that all
Of e N5body as
ton can do this thing OF herself; Relieving
that the industrial interests Of the country,
it's manufacturers. it's laborers. Its farmers. its
producers in every section and In every State.
would he Injured by transferring ourselves
suddenly from the standard Of money under
which all their obligations and arrangements
have been made. shalt vote for the repeal Of
the act OF 1890
Mr.. Allison occupied tho floor for about
three hours. speaking without notes. AMI fire.
qucntly diverted from the main current OF his
argument by Questions put to him by Sena-
ators on both sides Of the matter The clos
eat attention paid to his speech. At the
conclusion Of his remarks, in accordance with
tho order. The Senate listened to enlogies upon
the late Gen. Leland stanford o, California.
and aftcrward adjourned.