The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1893-08-28
rnn aREAr pEnArR oLosRp.
The speeches ia the HOnSs saturday b
Wilson, Reed, Cochran and Blanl.

ave- ~ Nf@N ~@NHANN - NNF
the scene OF battle OF the giants yes
terday. II was the last "a hours OF the
debate on the financial question, and
both sides had reserved their ablest
speakers for the closing act in the long
drawn battle. Tom Reed. the eloquent
leader OF the Republicans, found an
able answerer in John Allen, Of Miss
issippi, whose ready wit was one OF tho
most forcible arguments OF the free
coinage men. ]. K. Williams, a Demo-
cratic member OF the last committee on
coinage, besought his colleagues to re-
member their party platform, while
Bourke Cochran, of New York, repeat
ed the incidents OF the last Democratic
national convention, in which he
played such an important part and ar
gued that the true Interpretation OF the
platform was not that sought to DO
given by the gentlemen from Illinois,
William l.. Wilson, the author Of the
repeating bill, and Richard P. Bland,
the author OF the substitute measure
upon which the first vote will occur,
closed the bebate for their respective
sides in excellent speeches. Thespeech
of Bourke Cochran was strong, forCl'
BILE speech, but did not abound in those
flights OF oratorY which have made him
famous. He failed to devote any con.
siderable portion OF his argument to
answering Mr.. Bryan, although he had
been heraldsd as the man held in re-
serve by the repeating forces to answer
the brilliant young Nebraskan.
His argument that the bankers are q
debtor rather than a creditor class, and
that the banks OF New York would be
benefited millions OF dollars and the
day laborers OF the country robbed OF
As per cent. Of their pay by the policy
advocated by Bryan and Bland was an
ingenious one; but when the Nebraskan
inquired why, II that were the case, the
bankers OF New York are denouncing
himself and Mr.. Bland, while 7. V.
Powderly, the representative OF organ
lied labor, is supporting their policy,
the query brought down the applause
Of the house. Mr.. Cockran's brilliant
retort that the bankers believed hon
esty to be the best policy was loudly
Npplauded, but his subsequent COM
mept that Powderly is pursuing the
same line OF mental alteration as Bryan
aud Bland was not received by the
house as u retort in accordance with
the best ethics OF parliamentary
courtesy,
In beginning his speech Mr.. Reed
confessed doubts OF the wisdom OF the
house to deal satisfactorily with the
question before 1t, but expressed his
comfort at being able to fall back upon
the well.established belief in the wis.,
dom OF the decisions OF Congress. Crises
like the present, no said, were the in
separable accomplishments OF all human
progress, which is series OF upward
starts and OF falls Of almost proportion
able length. The former may be charac-
terized in a word, Confidence" the
latter in another word, "Distrust. !"
These fluctuations occur almost aimult-
aneously, always sympatheticaity, 30
closely is business allied by the tele-
graph and railroad.
"What the Democratic party propose
to do with the power which is in
their hands nobody can say. They do
not even know themselves; and hence
they are not able to impart the
knowledge to others. For my part l
do not expect the Democratic party, to
be utterly bad. do not believe they
will be permitted to be 80 II they
should SO desire. Such is the restrain
ing influence OF the people even after
election, that l believe they will not
carry out their contemplated changes.
"You may be sure the Manufacturers
Of this country will never dare man
ufacture more than the actual neces-
stiles of the people. ! will not under.
take to dwell at this present time, for !
do not want to confuse the issue.
can characterize in a single phrase the
cause Of the present condition Of
Of affairs. 1t Is in the undiscoverable
uncertainty OF the future OF the cur.
rency question and the questions Of
protection and revenue tariff"
Passing then 10 the consideration OF
the question OF repeal, Mr.. Reed said
that while he was in favor Of it he did
not think it would be an immediate
cause OF revival OF the prosperity Of
the country. Nevertheless, he would
vote for repeal for two reasons. First,
because, whether justly or not, the
Sherman law is believed to be the cause
Of the unreasonable boarding Of cur-
rency throughout the country. The
second reason was that only by repeal
could the nation hope to extract for
elgn capital without which 1t were vain
to hope for an upward turn in the coun.
try's business. We must put ourselves,
he said, in a position when the time for
that upward turn comes to be able to
command the capital OF the world,
which shall assist US on the path to the
next period OF prosperity and progress.
"The proudest part OF the proud
record OF the Republican party has been
It's steadfast devotion to the cause Of
sound finance. What we were in our
DAYS OF victory we are in our days Of
defeat, champions OF true and solid
finance, and when the day comes, as il
surely will come, for US to lead this land
back to prosperity and fame, which
were trodden under Republican rule
for so many years, we shall take with
us our ancient glory undimmed by I'D.
yersity, our ancient honors unsullied
by defeat"
Mr.. Cochran devoted himself to ar
historical resume of financial Legislation
and asserted that there was no instance
in the history OF civilization where gold
and silver ever circulated side by side
nj anv ratio. Il WAS simply impossible
that they should do 80. He delled tho
gentleman from Missouri MIR Bland
to nalie any exception. Tho tluctu
ations OF the values Of the two coinI
were sufficient to constantly drive out
tho dearer metal, and this, said Mr.
Cochran, was tho inevitable result
France was compelled to import 5000.