The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1893-09-14
SEATTLE. WASHINGTON THURSDAY. IA. 1898

erai quotations from the presidents nses-
saEe and announced bis failure TO agree
with the president IS To the causes leading
up 20 the present financial condition OF
the country. He made q reyieg of the
condition of affairs rs they existed twelve
months aso. and showed By facts and
nsures that we were then in a prosperous
condition He said at that time both
parties had declared for . double standard,
and Clev Gland IS well as Harrison had ac-
copied the nomination for president with
fuu knowledge OF this pledge. When he
became the stsndard-bearsr of his party
he became the defender and champion
oi the principles enuRciaied hy the party.
Whether be was seeking to violate one of
the most solemn and serious declarations
contained in the platform his party asso-
ciaies and the country must decide.
Shoup did not pretend to know when
Cleveland became convinced that il was
necessary that the country should come to
mono-metailic basis. but he did know
that Willard and others appeared in Wash
ington City and began 10 lobby for the re-
peal OF the Sherman law Immediately
after election, and IL was fact
that the rewards and punishment of
the incoming administration we're in
yoSed to influence that legislation.
The speaker cid not believe the Sherman
iaw had anything to do with the financial
crisis. lt injured no one except the resi-
dents of the silver-prodncing states In
deed. be considered II had been of much
beneiit 10 the nation at large. Referring
TO criticisms made by Senator Cuiiom
that. If the silver advocates were so much
dissatisfied with the Sherman act they
should join in its repeal, he said they rec
ognized that its disappearance at this time
probabiy means the permanent retirement
OF silver as one of the money metals The
Sherman law Is now the only bulwark be-
tween bi-metaiiism and mono-metallism in
this country. He did not accept the
idea that silver coinage would degrade
the financial standing OF this country, and
made plea for independence in monetary
affairs as in others of our concerns. He
believed the passage of free coinage bill
would Immediately restore confidence and
enlarge onr trade. Repeal would re-
suit in removing this country from the
head of the column of producers of
precious metals. in contraction OF the cur
rency and in the weakening of the coun-
try by destroying one of its
great industries. He drew a strong
picture of the distress that
would be occasioned in the silver
producing states and asked, Must the
prayerfui appeal of these people for JUS
tice pass unnoticed7" He declared that
he did not believe and could not believe a
majority of the senate would favor repeal
until after silver should be amply pro-
tected. The Sherman law had boen ac-
cepted as q compromise. 1t was all the
friends of silver could obtain when the
law wss enacted. but as il was the only
strand we have connecting silver with
gold he would oppose with all the vIgor at
his command its repeal until a better sub
stitute was given.
Dolph of Oregon followed Shoup and
did not doubt that with free coinage at Is
to | OF cot or any other ratio concurrent
circulation of gold and silver could be
secured. Could the United States ignore
the action of the great commercial coun-
tries OF the world in regard to silver2 On
motion of Voorhees, the senate went into
executive session and shortly thereafter
adjourned.
Confirmations-Bert Gather, of Toledo,
Or, agent for the Siletz Indians of Ore
gon; Albert 8. Willis, of Kentucky, minis
ter to the Hawaiian Islands.