The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1893-09-01
THE SILVER DEBATE.

the SILVER DEBATE.
The General Drsu OF Argument IN the
silver Question In Congress cather~s
from the Daily speschmaking ON the
Subject.
WASHINGTON. Aus. ei.-AmonS the numer
Gus petitions presented in the senate this
morning was one remarkable specimen as u
photography. writing and ideas which Was pre-
scented ~ Mr.. Perer pop. KAN. II gives tho
views OF some OF the asricultlrlsi and labor
ing CLASSES Of neighborhood in Illinois or
tho subgeet 81 finances. II was referred. as
committee on finance. Ir. Peter also offered
substitute FOR the LII 20 increase the national
hank circulation.
The finance committee hill reported las,
Friday. disseminating the purchase Of silver
bullion. was then taken up so a. 10 afford Mr..
Morrill, rep. VI an opportunity Of address.
Ina the senate on the lili he FIRST however.
asked and obtained indefinite leave OF an-
senee, remarkins that be in the senate
chamber to-day against the advice OF his ply
sician- He then proceeded 10 read from slips
his speech bearing the motto. sound Money
Cheats Nobody
After the reading Of the journal Mr. Powers
rep. VII took the floor In supper, OF the re-
act he referred 10 the Chicago platform and
TO the Interpretation placed upon il ~ various
democrats The gentleman from penlSri-
vania. Mr.. Sihley. had referred the TO saviour
Of mankind as the first democrat and had taken
the utterances OF the saviour as his platform
She gentleman from Massachusetts,. Mr.
everett. had taken Grover Cleveland as his
platform and had gone around his district sing
ing at the top OF his voice. ~oh. Isn't He n
Dandy
Mr.. Powers what on TO argue that the pur
chasing clause OF the sherman bill was vicious
in principle and dangerous in application
Mr.. Cooper dem. Ind spoke in opposition
60 the free coinage OF silver. He would rather
favor policy which wouid give the country a
safe. recognized stable currency than enter
upon experiments q; this time. II congress
repealed the purchasing clause II would not
strike down nor kill silver. In his opinion IL
would liss up silver and make II the equal Of
gold. II would strike down the silver Industry
but not the silver money He then argUei IL
support OF the proposition 10 repea. Tie tax o..
state banks
WASHINGTON. Aug. e2-Nr. Allen (nor.
Neb.l gave notice OF an amendment which NJ
would offer to the bill reported ~ Mr.. voor
hees. disseminating the purchase OF silver tul-
lion.
M voorhees, dem. Ind }. Chairman OF the
floor and addressed the senate in advocacy OF
the bin reported BY him discontinuing the p1r.
chase OF silver bullion.
In tie course Of his remarks Senator voor-
hees said that while the calm unbiased pub
lie opinion OF great majority OF the
American people. irrespective OF parties
had justified the action Of the president in
convening the extra session. the causes for the
action were widely and dangerously misunder-
stood and by certain classes pcrposely mis-
represented. Therefore. he deemed fitting a
few words in explanation spoken in no spirit
81 strife or controversy For FIVE months had
gone up the voice OF the prophet Of financial
emana.ec cruel edicts contracting currency
and resulting in panic. No one believed there
was want " confidence In the government
credit or IN the stability Of its currency. Not
wfthstancing the empty treasury left hy the
last administration and the record OF billion
dollar congress. the credit OF the government
to-day better than that OF any country On
the face OF the globe and even cowardly capital
lists seized upon our bonds with swift greed
There were many reasons why our credit
should De stronger now than ever before. II
rested upon the absolute unity OF purpose OF
the American people that ii should re upheld
No one but political mailman could deem a
political contest ever again possible on lines
OF sectional luminosity. The public credit of
every European government was increasingly
threatened by shadows OF coming war: nnan-
cial resources there were constantly weaken
ing by vast standing armies and permanent
navies, but throughout the wide earth there
were none 10 modest US or make Us afraid of
war or rEmors OF war
Mr. voorhees, said that he spoke in no par.i
san vein. but yet II was with great satisfaction
that he quoted from the Record that not single
vote on his side 81 the chamber was cast for
the act which here the name OF the senator
from Ohio 10 such peculiar eminence-
Mr.. Palmer dem NJ argued in support OF
the bill He expressed the opinion tina. the
great majority OF the American people would
no: only approve hu, would rapturously ap-
plaud Legislation that would establish aud
maintain the bmetallism OF the Chicago con
vention. He believed however tina, in the
present state % the market IL would ne beyond
the power Of any finite mind 10 TX the ratio %
silver 70 gold. because the market ynlue %
silver was in a state o. chronic nuciua.ion
The present ratio should be adhered to- the
Sherman law repealed ana the use Of silver
coin encouraged Nv ludicious laws
Mr.. Stewart rep. New was the tirst senator
TO take the moor. and he set out 10 aniagonize
some OF the positions taken in Mr.. Voorhees,
speech. He compared the position OF the In
diana senator TO that ef a NJ 'ssouri Jury which
IN Adhesion ia a fugitive slave case before the
war. was said 10 have given the law TO the
north and the negro 10 the south.
HOUSE
The silver debate was resumed and Mr.
Brickner ,dem.. Wis., addressed the house in
favor OF the repeal Of the purchasing clause
Mr. Lane dem. III spoke in support Of free
coinage. coniending that silver dollar was
the equal ~ the gold dollar. silver dollar
was worth one hundred cents in any hank or
in any store In this country. He was praying
for free coinage and might God forge; him IL
he forgot his duty. Applause
Mfr Bynum dem Ind in advocating the
Wilson Till. said that unquest.onabiy the vast
majority OF people believed that the sherman
law was responsible for the evils % the pres
ent time. By this fall the government was
losing more than sio.ooooo a year Gold was
being exported in large sums. He hizhly euIo-
gizcd the action OF Secretary Carlisle for his
refusal TO issue bonds The time had come
when subterfures should be driven from these
halls and confidence restored II said that
silver had appreciably fallen In value during
the past twenty years because during that time
IL had been under fre There might he some
truth In that assertion The United States
could not open its mint to free coinage at any
ratio. with the minis OF all the other civilized
nations closed against IL
SENATE
WARRINGTON. Aug. 9-Mr. Pascoe dem