New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-08-15

men OF the South would hoard silver dollars II
they could get them. Why. he asked, should not
the United States float s500Oo00cO of silver In the
country. instead OF being told that the country
would be shipwrecked If silver coinage were con-
tinued another day?
It was not (he asscrted) the overproducton or
silver that had brought down its value 1t was
legislation that had done it-legislation in Ger
many and the United States. How could it be eX-
pected that silver would retain It's value wheh
those two great nations took away the monetary
use of silver? With the resources and population
Of the United States 1t was only necessary for
the United States to fix policy, and TO stand by
it. The trouble to-day was caused by the open
and sedulous incubation of the idea that the
country was about to go to the gold standard. and
that the silver money of the country would be
worthless.
Mr. Palmer Dem. Ill)-Would the repeal Of
the sherman bring the country to gold
standard?
be repealed not another silver dollar VIII be coined
in this country 49,. 49,. e,...... ,.... 81, ,.oo
Mr. Vest-I do not think that it does aid free
Mr. Pamer-Then why not repeal it?
Mr. Vest-I am willing to have II repealed, but
do not want its repeal made stalking horse for
monometallism.
PRESIDENT CLEVELAND AND BIMETALLISM.
In reply to question by Mr.. Plat Rep.. Comm.
Mr.. Vest said he did not know what the President
would do. He only knew that the President had
sent a message to Congress in which he did not
say one word about bimctalllsm and he took it for
granted that If the President had any idea of
tanning bimetallism, he would have said some
thing about it.
Mr.. Vest spoke Of the unfortunate condition Of
the miners of the West. and said that the somewhat
dramatic remark of an ex-senator recently. That IN
the extreme West the people crying for
bread. and that in New-iork they We're CRYING iot
gold was lierahy orue saan ,nT SION.
ping the factories of New England. what protests
would hear from that section? suppose we
were called upon to strike down the wheat culture
OF Dakota and of the Red River of the North,
would we not expect TO hear protests against IT.
States would fight the decentralization of silver
as fought the Force bill because it involves all
that those people should hold dear in the way OF
property rights and of ahc comforts of life. Argu-
mets would have to he brought here stronger than
proofs of holy writ to make me agree TO IT, If 1
otherwise keep this great disaster from these peo-
ple-citzens OF this grea: Republic, Of the same
blood and lineage ourselVes-I VIII take the
chances OF mistake on my part rather than
perpetrate what | consider such an outrage upon
theory but from experience. know what these
people have endured leaving the comforts OF what
States. and going out with rifle IN one hand and
ton in the canyons of the Rocky Mountains. They
have built up the sivermining industry on the faith
pledged to them by the people Of the rnlted states
those mines shall be considered as money metal.
, And we are now asked. through the financial -Four
Hundred of New-York and the commercial classes
Of England. TO betray these people and TO say TO
them: Find something else TO DO. We want gold:
the time comes when find have made "A mistake,
at least have the consolation of knowing that
which propose to take in regard to this measure"
In conclusion Nj Vest repealed the idea Of there
the subject Of sllN,r At the close OF his speech
Mr. Hoar Rep. M'ss) obtained the floor. and
encn to committees of the nominations received to-
day the Senate at 4:2o adjourned till tomorrow.