The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-08-15
ry Of the world, and precipitating uni
versal panic.
"BY THE ETERNAL"

~ VI Ine WOfIu, ana preclplJullng uni
versal panic.
"BY THE ETERNAL"
He was in favor Of paying the govern
ment bondholders in the coin of the
country, but the law said that
they might be paid in 4i215 grains of sill
yer, and by the eternal God he was in
favor of giving them no more. ZAP
plause, Place gold and silver on the
same basis in regard to coinage, and
gold and silver would have the same in
strinsic value. He would rather retire
from public life than to vote to allow
gold and silver to be coined into dollars
of unequal value.
THE DEMOCRATIC PLATFORM WOULD BE
KEPT.
Pendleton, dem, of West Virginia, said
that upon this question all democrats
could differ without surrendering their
convictions. At one time he had differ
ent opinions from those which dominated
him now. He was satisfied that the only
way parity could be brought about be-
tween gold and silver was for the country
to come in accord with the other com
mercial nations of the world and when
that was done the promise of the demo-
cratic national platform would be kept
SEVEN HUNDRED MILLIONS SILVER.
Mr.. Lacy, rep, Iowa, spoke in favor
of an amendment, which he proposed TO
offer If he had opportunity, providing
that the Wilson act should not take eff
feet until after the silver circulation
should be increased to $700 000, 900. The
trend of his remark, however, was to the
effect that the present business depres-
sion was due to the fear of democratic
tinkering with the tariff.
WHY NEW YORK IS WHERE 1T Is.
n TRs 10, ne 4 4.
seemed to be mistaken idea of the op-
ponents of the Wilson bill that there
were no institutions in New York except
banking institutions. 1t was fact that
the reason that New York city was whore
it was was on account of God Almightys
putting New York where he had put 1t.
The chamber Of commerce of New York,
which had been alluded to, was not COM
posed of bankers.
NOT EVERY MAN THERE A BANKER.
1t was composed of busines men, who
stood in relation to the banks as they did
to the business men Of the west and Of
the south. The business men of New
York were borrowers of the banks, not
lenders to them. On the prosperity Of
the country depended their possibility of
prosperity. Knowing the full sense of
their responsibility, knowing that their
own existence hung in the balance, the
business men Of New York asked con
gress to repeal the act providing for the
purchase Of silver.
FIRST OF ALL FOR REPEAL.
He would first vote for the repeal of
the purchase clause of the Sherman act,
and next he would vote for the coinage of
gold and silver on a parity. But these
metals must be of the same intrinsic
value. IL there ever was a pledge made
by any party, this democratic pledge was
sacred and plain.
NEW AND HOPELESS SCHEME.
When silver men came and asked con
gress to inaugurate a new and hopeless
scheme, which had already damned the
business of the country, he must object
Whenever an international agreement
was arrived at he was ready TO try the
experiment. He would try TO sink his con
victions and follow the convictions of his
party, Then he would have vindicated
his right to be called an honest man, but
it would be a long time before New York
congressman would support an expert
ment which had failed as long as this one
had.
TARIFF REFORM NAMED AMID APPLAUSE.
But there was plank in the platform
which represented the issue, and that
was the tariff plank. Applause The
people had asked not only for the repeal
of the Sherman act, but for safe and
elastic currency.
Hitchman, dem, Texas, made n humor-
Gus speech In favor of the coinage Of sill
yer but before he concluded, the House
at 5 O'Clock adjourned until IL O'Clock
tomorrow