Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1893-10-05

Il
become law, II at all. as the result OF
| compromise. And so | feel inclined to
protest against the assumption OF sena-
| tors who have said that the minority Is
| defying the majority. obstructing legis-
lation. and causing delay unnecessarily
DEFENCE OF THE PRESIDENT.
Then Mr.. Butler spoke of the supposed
Interference OF the President with legisla-
! tion, and said: II am not here 10 defend
that great American citizen. but l think
may be permitted to say that l believe
| that great injustice has been done TO him.
cannot conceive that the man who has
such an exalted opinion OF his high Office,
who has such correct conception Of the
relations which should exist between the
! different departments OF the government,
would permit himself to interfere with
an independent, coordinate department.
! bv an improper exercise OF his Official
| position. The President of the United
States has the same right to his opinion
| about the legislation of this body that
! any private citizen has. But II has been
whispered around when n suggestion OF
COMPROMISE has been made that the Pres
/ ident viii not accept compromise. Who
ever states that does that high official
great Injustice. for IL IL none OF his busi-
ness what the Senate does. | GO not be-
lieve that he has attempted TO use his
| high office 10 influence legislation I'm this
| body But none Of us can shut his eyes
or close his ears to what II going onto
the statements that the President VIII not
accept n compromise: and that compro-
I mise Is defeat and surrender TO the
minority"
MERITS OF THE QUESTION.
Mr.. Butler came back to the mats or
! the question and declared that II ne
| believed that silver money was an INJURY
| TO the country he would vote for the
| bin. II he believed that the purchase OF
four and a half million ounces OF silver
per month. under the Sherman act had
| brought about the panic, or had jeopar-
| died the credit of the government ne
said ne would find no trouble in voting
for the unconditional repeal of the Sher-
man act But as he entertained a differ
ent view on these points, he would not
vote for its repeal unless the repeal
were accompanied by proposition to
continue the coinage OF silver I'm some
form. and TO make silver permanent
mart of the financial policy OF the country.
He challenged proof of the assertion that
the credit of the government had been
IMPAIRED by the Sherman act Such an
assertion. he said was but idle tak.
If he wished 10 pay 80 to the prtEilng
officer IT would be taken as readily in
silver as In gold. as readily in silver GER
thcates as in gold certificates Would
some senator then tell him i'm what re-
spect a silver dollar was dishonest. or
silver currency not sound currency?
UNSAFE ADVISERS
Mr.. Butler got into a colloQuy with Mr.
Gray and others as 10 the proper d'ilni'
ton of credits and told those senators
that they might have got their views
from bankers, and that the most UNSAFE
adviser Of Congress on financial question
was a banker of New York or Boston
applause in the gallerics)
In the very nature OF things the own
ers Of largo capital became selfish and
sordid. and were not unpatrotic. bni
unsafe advisers on great questions ol
legislation.
Mr.. Butler spoke OF the amount or cur
rcncy In circulation as N,60OW'w' and
asked who had the power TO smut up '1a'
much currency In a night. lie thouSh'
he could answer the question, but II Wa
not incumbent upon him To do SO. h'
would state. however that wherever IN
mower existed, IL was the duty OF con
gress to ferret IT out and TO dethrone II
you may" he continued impassloh
adlv "strIke down habeas corpus; yOl
may destroy the Bul Of Rights; you may
abolish trial by jury. and Other mum
ments Of American liberty, and peopi'
accustomed to freedom may submit u
, son. fashion; but II you pldc" the peo
, pie OF this or any other country IL LII
mercy OF privileged money ciaSS, Eo'
had better take the not WINS u III
desert and let them sweep oyer the coun
trv for destruction will folow "A surely
az the day follows night England ha'
dostroved the people Of Iceland IN ina
way. Russia has destroyed the leo2le o.
polond. Turkey has destroyed INC peopl'
of the Danubian provinces. ana me fdH''
mower will destroy the mass OF the Amer
can neople. If that power Is not souyh
out and dethroned and destroyed
THE EMPIRE OF MONEY
81 hay. no sympathy with communlsuc
vievs ar with anarChlsm. | believe III
th. RIGHTS OF person and prop''ty bu',
Mr. President. when you give cohtroi
. sucb as has been exercised to bring on
| this panic to any set OF people you aP
proach the conditions brought ABOUT III
L,ranca Nv Napol-un III, who established
under the rule OF universal suffrage the
direst despotism Of modern times. lie
said: The Empire Is peace ana ne lori,i
ed his battaliuns 70 enforce peace. ne
issued plsbiscite for the exercise OF ths
right of suffrage. and the voters marched
un IA the ballot-box between an avenue
Of bayonsts. And when the result was
announced he said: / am the Emperor OF
the French by virtue of the universal
exercise OF the privilege of universal
suffrage by the French people.
The Empire was peace. The Empire
! of money I'm this country they VIII tel
US. is peace But II IS a peace under
and by virtue of which the shackles OF
dependence and slavery will be forged
for the great silent masses Of the people
of this country.
After some further remarks. Mr. But
Ter pleaded fatigue. and said that ne
would now Weld the floor TO the Senator
from Kentucky (Mr. Blackburn. At 2
future hour there were some other points
which he wished 10 discuss
MR.. BLACKBURN'S SPEECH.
Mr.. Blackburn addressed the Senate II
oppositlon to the repeal bill He was not
he said the friend OF the Sherman act
But bad as the measure was, unfair anC
uncandid as he believed IL 10 be, he dc
not believe that IL had been the cause o
the financial woes which the country sur
fered. nor did he believe that its repea
would prove panacea for all the hnancla
Ills under which the country was strug
Cling. He thought better bill than thii
could be devised and passed.
Mr.. Blackburn declared that an inter
national standard OF value was myth
There never had been. never would be
and never need be, an International stand
| ard OF value. The trouble lay further
back than the Sherman law. The tar1h
system OF the country needed revision
and the financial system needed over
hauling He stood here to-day to advocate
both those necessary works.
Mr.. Blackburn made an eloquent ap
peal on behalf OF silver Silver" h;
said. has not lost any OF It's intrinsic
value. II II be debased money today
II is only 80 when compared with gold
Subject 1t 10 any other test however cru
ciaI or severe, and 1t stands. as IL ha
ever stood, the fairest and most homes
of all the standards OF value whici
the people have ever known. 1 pray yoI
not 10 strike IL down"
FOR COMPROMISE.
''l appeal to senator's now as did the
Senator from South Carolina (Mr. But
ler) this morning. Let us look and see
II there be no basis of adjustment on
which the issue may be determined
There are those who sit on this side OF
the chamber who know with what ear
nestness / have struggled. from the Gay
that Congress met till now, TO fn'