The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-08-30
FIREWORKS FROM HILL.
The New Yorker INDUCES in Filings
ut the Administrations.

The chief interest Of the senate to-
day was centered in the speech of Sena-
tor Hill OF New York. who defined his
position on the financial question in an
address of nearly two hours duration.
Nearly every member Of the senate was
in his seat and an attentive listener and
many members of the house crowded
over to hear the noted senator from the
Empire state. Representatives McMil-
lin of Tennessee Gen. Hooker of Missis-
sippi, Lafe Pence of Colorado, Bowers of
California. Hopkins Of Illinois. Patterson
of Tennessee, O'Farrell of Virginia, Allen
Of Mississippi, Turner of Georgia, Bryan
of Nebraska, Sibley of Pennsylvania and
Campbell of New York were few of
the members Of the house who secured
seats near the senator and were attentive
listeners to his argument. The New
Workers. famous declaration, Il am a
democrat" which has now become pro-
verbal was recalled today by his forci-
BILE declaration on the financial question
when, as usual. he epitomized his sill
yer views in a single sentence, Il am
bimetallist"
81 do not believe in a single gold stand
ard or a single silver standard, but
do believe in the use of both gold and
silver as the standard money of the
country and in their free coinage in our
midst at a proper ratio and without dis
elimination in favor of one or against
the other
The senator established his consist
ency on the silver question by showing
that last December he introduced a bill
in the senate for the unconditional re-
peal of the Sherman act and that the
president had followed in his footsteps in
demanding the repeal of this obnoxious
measure law which Senator Hill de-
clared to have been the worst enemy of
the free silver cause in retarding the on
ward march to universal free coinage.
There was a smile on the face of many
senators when the speaker. by implica-
ton, criticised the president by referring
to the part that the high tariff had
played in the present crisis and conclud-
ing by saying: Our course is onward
and we shall not retreat"
The New Workers. arraignment of
the gold monometallists of the country
particularly Wall-st.-fOr the part they
had taken in precipitating the present
crisis by attacking the credit Of the
country and necessarily proclaiming dis
aster until they had finally started
panic wave that now threatened to en-
gulf it's creators. was one of the most
forcible and incisive impeachments ever
heard on the floor of the senate and
furnished much satisfaction to the free
coinage men. But the national banks
received their consolation in the later
declaration of the senator that he ia
vored the proposition to allow the issue
Of national bank notes increased TO the
full value Of United States bonds on de-
the present crisis.
The chief surprise of the speech of
Senator Hill was the position he as
sumed in minimizing the Importance of
a revision of the coinage ratio; and his
suggestion that international bimetal-
lism might be sought by holding out an
inducement to the Latin Union countries
to recon at a profit rather than at
loss, gave greater satisfaction to the
western free coinage people than even
the most sanguine had eXpectd from his
argument. There was a dead stiffness
in the senate when the speaker referred
to the statement that President Cleve-
land was attempting to lead the Country
to monometallism and made his com
ment thereon, concluding with this def
ance to presidential domination: II
shall refuse" said he, ''to follow in the
footsteps of any administration that
seeks to place the democratic party in
false position, that seeks to lead it away
from democratic principles and plat
forms and into the very camp Of the
enemy; the president must rely upon re-
publican votes to carry out any such
suicidal policy"
The felicitation of the democratic OPP
ponents of the administration over this
utterance was hardly completed before
the senator gave the president another
blow in his reference to the part that
patronage is said to be playing in secur-
ing the adoption of the administration
policy But. as you we'll know" said
he. 81 was for the repeal of this bill
long before the present administration
came into power and by my voice, pen
and influence, contributed my humble
share toward the creation of that public
sentiment in regard to it which is so
well-nigh unanimous in my state. Ny
distinguished colleague and myself will
cheerfully vote for this bill, unawed by
power and interrupted by federal pat
ronage."
This last allusion brought forth evil
dences of approval and merriment and
before the vice-president could check Il
laughter and applause broke out and was
only depressed by the vigorous Iapping
Of the president and the threat to clear
the galleries.
The Cost of RecOinage.
At the close of the senate's routine
business which comprised today no mat
ter of public interest except the presen-