The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-09-05

and wheat as it did in 1873, be
fore il was demonetized. thus showing
couclusively, that il is not silver which
has fallen in value but it is gold which
has risen, and under the influence OF leg
islation II. said he. in the progress OF
his speech, this bill passes, the ireemen or
America viii have bowed their necks 10
/ the woke Of European domination in their
foreign and domestic financial affairs.
Rothchild and the Bank Of England,
with their connections dictate the imam
/ ciaI policies of Europe and if the single
I gold standard is established in America
then ROthschild and the Bank Of England,
with their New York associates, will be
come the arbiterS Of American finance
and the dictatOrs of our financial policy,
because they control the gold, which we
will be compelled TO have
Mr. Coke having drifted into the eff
/ forts of the New York bankers to IN
hunce financial legislation, he was inter
rupted by Mr.. Vance of North Carolina,
who said he had received a letter TINS
/ morning bearing on that point, and with
Mr. COke's permission he would read II
to the Senate IL was a letter received
by l. II. Foust of Salisbury, n. c., from
T. d. Shepard & Co. bankers, of No.
Broadway New York. The letter de-
clines the offer of a loan, and adds:
The senators from your country are NOT
lOOhtu upon ID llDulD > VI bli' f'iA'i "a
welfare. If their stand represents the
views of your people on financial matters,
twill be very difficult for you to seCure any
accommodation from capitalists IN tins
section until there is a decided change
At the close OF MIR. Coke's speech, the
Senate went into executive session. The
doors were reopened at 4 o'clock p. m,
and the Senate proceeded with the con-
sideration of the House bill to repeal the
purchasing clause of the Sherman act
THE PETER AMENDMENT.
The amendment offered By Mr. PETER
on the first of September was called up
by that senator, and read. 1t consists of
nine sections, fixing standard for both
gold and silver coins. After it was read,
Mr. PETER intimated his willingness to
withhold his speech until tomorrow.
Mr.. Voorhees, asked the Kansas senator
whether he preferred not to 60 on to-day,
and as Mr.. PETER profcssed indifference
on the point, Mr.. Voorhees, thought IL
right to continue longer in session to-day.
MOTION TO ADJOURN REJECTED.
motion to adjourn was thereupon
made by Mr. Jones, rep, Nevada, and the
yeas and nays on that motion were de-
manded by Mr. Hale. The motion to ad-
journ was rejected-yeas 20, nays 3l-as
follows:
Yeas. Messrs. Allen, Bate. Berry, Black
burn, Butler, Gail, Garry, Coke, Daniel Du-
hois Irby, Jones (Ark) Jones New, Mitch
ell Oregon Pasco, Pugh Roach, Shoup,
Teller and White (Cal)-20
Nays, Aldrich, Allison, Gallery, Culom
Davis Dolph. Faulkner; Gray, Gallinger
Gibson, German. Gray, Hale Hoar. Hunton
Lindsay Mcpherson, Henderson, Mills, Pal
mer, PETER Perkins, Proctor, SoulhWait'
Turpie. Vest, Villas, voorhees,, Washburn,
Sto ;kbridge and White Ua.l-3l.
MIR. PETER IN EXPLANATION.
u 1, l.
planned and advocated his amendment.
He said that it was copied verbatim from
the sections of the law of July, 1873,
when the ratio between gold and silver
was changed, except that it omitted the
provision as TO five-cent silver coins He
sale that the administration had come to
congress demanding particular act, the
repeal of the Sherman law. 1t had sug
gested no policy which would admit of
the usual compromise in legislative pro
ceedings. The administration had de-
manded the pending bill or nothing, and
the people whom he represented had
accepted the challenge They
proposed to give no quarter,
as the administration proposed to give
none. A very large majority of the far
mers in the south were members of the
Farmers Alliance, and one Of the cardi-
nal doctrines of the alliance was the free
and unlimited coinage of silver at the old
ratio. The alliance had supported no can
didate for any important Office who was
not in sympathy with their views and
who did not so express himself. Among
the public men who had done so was the
senator from Georgia (Gordon), who had
written letter to the alliance
expressing his sympathy with it
and his approval of its doctrines.
QUOTING GEN GORDON.
Mr.. PETER read Senator Gordan's letter
stating that he indorsed without re
serve, and with unabated emphsias, the
policy of the alliance for an increase of
the circulating medium of the country"
And that his sympathies were deeply
enlisted in all the high purposes sought
to be accomplished by the farmers al
lance
Mr. PETER declared that a repeal of
the Sherman act, without a provision for
recoinage, would destroy the two old
political parties, and that the idea of the
abandonment of silver money was rejected
by all the people
RENoUNCEs THE FARMERS ALLIANCE.
Mr. Gordon said, in relation to his let
ter: Il indorse now all that | then said
but l do not indOrse the farmers alliance
since it fell from grace
That relieves me- said Mr.. PETER, ''of
some embarrassment. IL is not the farm
ers' alliance that has fallen from grace.
1t is the Democratic party For the peO-
pie whom he represented he "spurned the
imperial decree and he gave warning
that they were in open rebellion against
it. He would bid Godspeed TO the revolu-
| ton which was coming and which would
SYRUP OF FIGS.