Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1893-08-23

The financial discussion In the house
today was for the most part rather mn,
uutuIOus, The greater Interest being cen-
tered Ia tho senate.
Mr., Hopkins OF Illinois favored un.
conditional repeal stating that, alihnugh
would oppose every free coinage amend
menl proposed 10y Mr. Bland aud his
friends
The surprise Of the day was the speech
Of Mr.. Hepburn. comptroller OF the eur.
rricy under the Harrison ahminstin-
ton, lie disagreed WITH rs party col,
leagues, and um9huiimlly dpclMed
against the repeal Of tho Sherman law
That Inv, he commended, had been bone
fetal IN ils effects, and It should not now
De repealed.
Tie speaker laid before tie house
communication from the secretary Of tho
treasury ia response 10 resolution of
The house asking FOR information relative
Ia the purchase aud coinage NJ silver
under the Shelnnn act " WAS ordered
printed.
ON motion NJ Mr. Loud Of California
thD senate bill was passed admitting ffcr
of duty nl articles intended for exhibit
ton nt the California Midwinter Inter
national exposition,
Mr.. johnson meml Of Ohio asked
unanimous consent for the Introduction
OF his bill 10 permit the exchange Of
United States bonds for treasury notes.
There was no objection and the bill was
referred 10 the committee On banking
aud currency with lpayn TO report any
time after the special order.
Mr., McR0o lDem) Of Arkansas asked
unanimous consent for tho passage Of
joint resolution extending 20 HE Cherokee
outlet the provisions Of the act providing
for TOWNSHIP entries Of land IN Oklahoma
There was no objection and the Joint
= IfII
The silver debate was then resumeh
and MIR, Brickncr Dcful Of Wisconsin
addressed the house IN favor Of the repeal
Of the purchasing clause
Mr. Mallory " florldn opposed the un.
conditional repeal Of the purchasing clause
Of the sherman act anu also opposed
the free coinage of silver at tho present
ratio. lie attributed 10 the tnrin the
greater share Of The present depression,
but the demonelizniion Of silver would
siill further separate the wealthy clauses
from the working clnsEes
Mr. Hopkins Of Illinois argued against
the Bland amendments to the Wilson bin
aud Ia support Of the repeal measure.
Mr.. Lane n Illinois spoke In support
Of free coinage, cOntending the silver dol
lur wac The equal q iho g9tl dgllar.
demands Of his region when he vigorously
ndvDcaiod free coinage Of silver,
MIR. Bynum, advocating the Wilson
hin, said unqucsdonably a vast major
iy Of tho people believed the sherman
law was responsible for the evils de-
scribcd by the president. Since the pas-
sage Of the act the price Of silver had
gone sieadily down. and nov the Enifed
Stntes could not open H. mints TO free
coinage at any ratio with the mints Of
all other civilized nations closed against
h. This country alone could decide on
no ratio that would give q fixed value
to silver. II the United States should
adopt free coinage act u would pour
into the county 10 one year more silver
than the mints could coin IN ten. Free
coinage would damage our trade and
commerce. and the fall would he Ia the
value Of the money IN which the work
ingmen are paid. Should free coinage
he de SIDED upon he would bid farewell
a. any hope for tariff reform,
alr. Jones Of Nirginih opposed the I'M
conditional repeal Of the purchasing
clause and favored free coinage
The house then took recess tll 8
D. M. but only after agreement that dur.
ina the remainder Of the week the daily
honr Of meeting be 10 o'clock