Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1893-08-19


cd an interested audience.
The silver debate was resumed imme-
diately after the reading of the journal.
cAUsEs or The PANIC.
Mr.. Sibley spoke III support Of the pro-
position suggested by Mr.. Johnson, of
Ohio. providing that the holders Of United
States bonds might deposit those securl-
ties with the government. receiving
therefor Treasury notes. The time had
come when the clearing-houses of the
great cities should no longer dominate
and control the policy OF the 67,0OO.OJO
workers Of this land. The bimetallsts
were as anxious as were the gentlemen on
the other side 70 put speedy end 10 the
present depression. and fthis end could be
attained here aud now by enactlng INTO
law the johnson proposition.
There were various causes for the pres
ent panic. One of these causes was that
the gentleman from Ohio lMr. Harter).
tho eX-COnpressmau from Massachusetts
mir. George Frederick Williams), aud
others had howled IN speeches and through
the magazines necessarily for gold stand
ard and pred cted disaster. The gold men
called the bImetallists calamlty-hOwl-
ers" II there had been more bimetallst
Ca than there had been
on the other side. be dld not know where
IN the pages Of history to find them.
Another cause Of the panic was the Re-
form Club of New York. That club had
attempted to fix up the tariff before the
meeting of Congress. Laughter. The
members Of that club made the responsl-
bilItios of representatives, few and their
labors light. Laughter.
Another thing was responsible for the
panic and that was the New York bank
ers. The advocates Of the gold standard
said that the bankers of the East had come
totherclief Of the government. He who had
ewes and had noted current events knew
better than that. Laughter and APP
piause.l
DEMAND FOR THE EXTRA SESSION.
Who had demanded that Congress
should be called IN extra session? No
body Of agricu,turists had demanded 1t;
NJ BODY OF nbOrers had asked for It. The
demand had come from tho absorbers OF
the cOuntTy's wealth. II came not from
tho G. .Oa1. 900 OF American citizens, but
from the a 1888 who had acquired one hall
of the national wealth and wanted as soon
as possible the balance of A..
Laughter and applause. He stood
toy the Democracy. which had re-
spect for the man who tolled rs well for
the man who absorbed. lApplause.I lie
stood by Democracy as eXempllhed 10y the
first Democrat. the Democrat who said
that the man who was naked and hungry
and sick was his brother. Applause
That man lad been cruciied because he
had entered the temple OF the living God
and scourged from 1t the money-lenders.
lApplgl6e.
Since he Sibloyl bad been III Washing
ton he had been asked why he, comtOrta-
blv OH in thle worlds goods and coming
from PENNSYLVANIA, should take the posi-
ton that he now did. His reply was that
the people OF Pennsylvania could still
read, write, and think. They read their
Bibles and they knew that the Tenth
Commandment was as true to-day as 1t
had been when thundered from the sky.
Applause
GoLD-sTANDABD ARGUMENTS.
Gentlemen in favor of the single gold
standard said that England was against
blmetallism; that France was against
it: that Germany was against 1t, and
even that th9 administration was
against it. lLaughter.I But no such op-
position could put out the spark Ct liberty
on tins continent. lApp.alse. lt was
said that the odds were against tho bl-
metallsts. Granted. What them Should
they ask for quarter and say that thelr
work was done Say rather that the
greater glory would be theirs II the hold
was won. Applause
The work,nsmen tho men who turned
the turrow were thinking over this
financial question. The demoncilzatiou
act of 1873 was q traltorOus act. and along
with the names Of Judas lscnuot ana
benedict Arnold would be placed the
names Of those who were guilty OF the
crime Of 1873. IApplauSe.l Now Congress
was asked TO say that the Democrats OF the
past who had drawn up the platforms OF the
party bad been unwIse and unpatrlOtlc.
Congress was asked To say that there was
a man Of such transcendental genius that
he could look INTO the future twenty years
ahead of anybody else; and 1t was asked
TO 20 down on IT'S knees botore tins man
and offer an apotheosis to the man who
sat it the other side of the Capitol For
one. he never would. lApplause.l
ONCE A MoNoMEr.
At one time he bad been gold mono
metalist but he studied the question and
he was no longer one. because he would
rather be honest than he a monometalllst.
lChoers, laughter, and applause.l
THE WEST AND THE SOUTH.
It was said that the Republicans were
ooipg TO ION with the Democrats IN re-
healing the sherman law. WHAT kepuO-
Icaus and what DemOcratsY The Repdb-
hcans OF tho East and the Democrats OF
the East. But, in his opinion, the saliva
tion of the country depended upon the
peOple who were living west OF the Alle-
Gbanles and south Of the Mason and Dixon
line. Applause.
Charles /. hal attempted TO cOerce Par
lament and he had lost his head. When
the people of France had asked Tor bread
a flippant Queen had inquired why they
asked not tor cake. and one day,
when some knights of the bed-cham,
ner should enter these halls and
intimate the kngly pleasure and the
members duty, there might arise modern
Nlrgbeau who would drlve hlm hence
and tell him, I'VE are here by the Will OF
God and the votes of the sovereign peo-
pie, whose mandate alone we recognize
and whose bshests alone We obey"
lCheers and continued loud appiauseI
sIBLEY CoRKER.
MIR. Sibley spoke for more than two
hours. and not for moment did he lack
the attention of his colleagues, and IN hls
maiden speech he took front rank with
the orators and humorlsts OF the House,
The debate was then suspended tor the
time being in order to allow MIR. Catch
inss to report from the COMMITTEE on
Rules resolution authorizing the
Speaker to appoint the various coinmittees
OF the House. No acditiona! committees
ora proylded for. but an increase Ia mem-
bership is made in some of the more I'M
portant committees. The resolution was
adopted and the silver debate was re-
sumed. Mr.. Haiues Democrat, OF New
York, taking the floor.
DEFENCE OF WALL STREET.
He was amazed at the attacks made
upOn Wall street. They were pure dema.
goeism. attacks on the financial system OF
the country. Wall street was the savings
bank OF the nation; II was To Wall street
that the various sections of the
country sent their lcanable surplus,
and from there that surplus was
distr,huted throughout the country
whore capital was needed for the. de
velopment of every industry. II was from
Wall street that the silver men OF the
West procured the capital with which to
open their mines. aud 1t was there they
procured many millions OF dollars 10 open
no mines which they afterwards forgot 70
opeu up. IL was curious that 1t Wall
street was responsible tor the present
panic that panic should begin in the West
CLEVELAND REALLY A BINETALLIsT.
Mr.. English Democrat). of New Jersey,
took the same ground. lie had the great