Evening star. [volume] (Washington, D.C.) 1854-1972, 1893-08-24
TOWARD FREE TRADE.
Continued from First Page.)

was the cause of the present depression. 1T
had simply outlived it's usefulness. and it's
repeal would be the shortest road 20 true BIZ
metallism Powerful as we WERE it was
impossible to create values by legislation.
Free and unlimited coinage of silver would
foster the greatest monopoly for the accumu-
lation of wealth in the history of the coun-
try.
Mr.. Somers CWis.) stood for the use Of
gold and silver as the money of the United
States and desired to travel the road
through an international conference that
would lead the countries of the earth to
the free coinage OF gold and silver at
fixed ratio 1t was, he said. his purpose to
the unconditional repeal Of the sherman
law, not because he was an enemy of sill
yer, but because he believed 1t was neces-
Sary to restore confidence.
Mr.. Johnson On. d. did not believe any
one in the House could tell what the dollar
of the daddies, widely discussed, looked
like. Since the so-called decentralization of
silver the silver money of the country hao
been increased a thousand fold, and its sta
If that was what demonetiZa ton did for
the money of the people he was willing TO
vote for more of it.
MIR. PtckIer Wants Amendments.
Mr.. Pickler Is. d. asked unanimous con-
sent that on Monday next. when the bill
was taken up for action. he be permitted
to offer amendment if the substitute Of
MIR. Bland is defeated. providing for the
free coinage of the American product at
the ratios indicated in the substitute, but
MIR. Wilson, in charge of the bill, objected
The gentleman from South Dakota then
asked consent to introduce on Monday,
August %. an amendment providing that II
all the substitutes and all amendments be
voted down. and, if the Wilson bill be pass
ed, the House shall proceed to vote on
House bill No. 2, providing for the free
coinage of silver limited to the american 5e &c
This was objected to by Mr.. Tracey Oem,
n. W, because it changed the order agreed
upon.
ton gave the gold men everything. This
was a proposition to coin only the American
product, to be submitted only after the
gold men had conquered their opponents
and were in possession of the field. he SAID
he was prepared to vote for some OF the
ratios proposed, for his people believed IN
ed to say that he supposed that after the
repeal of the Sherman law the gold men
would hasten to enact some legislation
favorable to the money of the common peo-
pie BY slip Of the tongue he named the
Mckinley bill
In response to the laughter that followed
Mr. Pickler shouted defiantly: Not that
bill: it will never be repealed"
Mr.. Cleveland he looked upon as the
greatest convert to the ranks of the gold
men; a convert backed up and supported
by the London Missionary Society. The
gold men, he said. were greater calamity
howle-s than ever came from Kansas. the
bankers Of the east were crying out against
the dishonesty Of the farmers of the west
and south. when the fact was that the
bankers OF the east were n, she a tne
present time. Reference was made by him
to the debate IN the Senate yesterday on
Mr. PETERS resolution.
In conclusion Mr.. Pickler-whose time
had been extended three different times
a -gued in favor of such legislation as would
which the prosperity of the country de-
pended.
The Double Standard.
Mr.. Lucas Is. d. spoke in favor of the
double standard and the proper use OF Sill
yer as money. If the time had come when
this country must wait upon England and
accept what she saw fit to do or not to do
in the matter of money. he thought the
time had also come for the construction
of a new declaration of independence.
Mr.. Hartman (AiontD spoke as a member
representing state producing more gold
and silver than all the others combined.
The republican platform declared In favor
of the coinage of both gold and silver and
M. Hartman said he had a right to ask
the republicans of Congress what they were
going to do about IL. His state had stood
by the other great planks of the platform
and they now asked the republicans or
the House to support that plank that affects
the interests of the silver state.
He did not want to return to his people
and tell them the financial part of the
platform they supported was meaninsless
1
when the onslaught on the tarin came
Representatives, from New England would
come to the members from the silver west
and extend the hand of brotherly love and
urge them to vote to avert the disaster at
tending its repeal. The silver men were but
human, and while they believed the Nc
Kinley law to be the best tariff legislation
ever enacted. what their answer to that
appeal would be he could not say.
Mr.. Burtholdt (AoD said that 1t might
be taken from the speeches of his col
| leagues that the people of his state were
a unit I'm favor of the free and unlimited
coinage of silver at the present or some
| other ratio. This was not true and was a
| reflection upon the sound intelligence OF
the people of Missouri. They asked for the
| repeal of the sherman law and the extern
| sion of the circulation of national banks to
the par value of the bonds they have de-
posted to secure such circulation.
| Mr. Houk (Oho) spoke briefly in explana.
| ton of his vote. He was infiexibly opposed
to any measure that would result in the
establishment OF a monometa allie basis, In
garded 1t as the settled policy OF the United
| States plainly indicated in the constitution
should sho be the standard money Of the United
States. The Wilson bill. he thought was
in accordance with these views and he
would vote for it unconditionally.. 1t af
| forded speedy relief and all questions OF
| permanent financial and tariff legislation
should. he thought, be postponed until thu
Mr.. Heard CMoD said that although
no man detested the purchasing clause o.
|
| would vote against it's repeal. He did this
/ because he believed something should bt
| given the people that would recognize thu
| principle for which they were contending.
He would rather have limited coinag,
of silver at the present ratio than have un
limited coinage at higher ratio. He would
vote for the coinage of silver at a ratio o
16 to l.
sound and staple Currency.
| Mr. Caruth (Ky.D said that never since
the time when the life of the nation was al
stake had Congress met under graver aus
pices He held to the views of 4 patriotic
! President when he said that the people
| were entitled to a sound and stable cur
rency. He (Caruth) had asked the bank
| ers merchants mechanics, 1aborerS, ricf
men and poor men what was the cause 81
| the present widespread disaster; and from
| every class had come the answer that i
| was due to the purchasing clause of the
| Sherman law. The President had dis
! charged his duty. The responsibility rest
| ed now on Congress- and, for one, he die
not desire to shirk that responsibility. III
| stood here ready, here and now. TO cast hi:
vote without restriction, limitation or con
| dition for the repeal of the purchasing
clause of the Sherman act
| Mr. Dingley (Me) contended that thu
present business depression was not di
| rectiy attributable to the act )f 1890.
went further back than that and was NOR
due to the legislation of 1878. He had votet
for the Sherman bill because he believed