New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-08-26

had increased rather than allaycd PUBIC ap''s-
hension.
Mr.. Burrows said that he had no hesitancy N
voting for the repeal of the Sherman law. IL wac
unsound In principle. its practical work'hsD W.
a disappointment to It's friends ana u co".""
would. In his Judgment result disastrousy !" vi.
country by depicting the Treasury OF so,.' @
putting in it, stead mountain OF uncoined s''Ver
bullion.
CLASS AGITATOIs DENOUNCED.
In c,osnr Mr.. Burrows said Il regret that In
the course of their debate gentlemen have seen
M 10 employ language the effect OF which, whether
Intended or not is to arouse and foment disseh
sion among the various classes or our Peop''
The impression Is sought to be MADE upon '"e
public mind that there exists some mohsuouS
conspiracy somewhere or somehow on the part
OF capital to Cypress and Outrage labor. rcmem
her that the gentleman from Nebraska declared
that capital was 1mperlous, arrogant, compass
sionIess; labor = workworn and dust-begrined
makes mute APPEAL
LET me say that he who seeks In this country
at this time any other to inname pubic
passions and array one class OF our citizens
against another IL an enemy TO MS country anu
to his race He who seeks to incite labor against
capital not only does himself but his country a
grieyous wrong. Such course may serve the
ends of party. some personal ambitoh' pu' II
will be at the expense of the peace and good oruer
of the State Capital and labor are the two pill
lars upon which the superstructures OF our indus-
trial greatness and civilization are reared. ana
when YOU weaken or destroy either you Involve
all in common ruin. The gentleman KNOWS
however, the potency Of such appeals ana they
may many times to arouse storm Oh
passions upon which some men are carried tenn
porarily to power Instead OF infaming the pubic
mind let us rather, by every means in our power
hor
all public apprehension, and so legisate as 70
maintain the National credit unimpaired, restore
public and private confidence. preserve the peace
and good order of the State and prosperity OF
the citizens" Applause)
Mr. Joseph Dem, N. NJ spoke in favor OF free
coinage. Mr.. Compton (Dem, Md said tnat ne
had been in favor OF the free coinage or silver, Out
his opinions and convictions had changed, ana ne
would now vote for the unconditional repeai
Of the purchasing clause of the act OF 1880
Mr. Money Dem, Miss) said that he had come
to Washington prepared to vote for repeal; but
since ne had been here he changed his 'front.' IL not
his views and he intended to vote against the
repeal Of the purchasing clause of the Sherman
law.
Durborow Dem, I'D said that the people de-
manded the repeal OF the Sherman law, believing
that It was responsible for the present distress.
Mr. Springer Dem, ILL followed. He said In
part:
II attribute the actual condition which now ex-
lists in the country to three controlling and funda,
the war, the protective tariff laws Which are i'm
posing enormous burdens upon upon. the vd peo
t Second county h
in to ns Suaess of 9y v
each month and issue Treasury notes thereon.
ment were redeemable In gold
THE depreciation Of silver has. In my judgment
on Sy the nns saes and
OF the world and second, the enormous nereaseu
production Of silver bullion since decentralization
took place,
A FINANCIAL CRISIS WOULD FOLLOW
III we should remonetize silver. in this country
upon the ratio Of IS to one OF Two sses
would at once, or within a brief period Of time
pass from the present gold standard Of values to
would appreciate in value 70 the coinage value Of
the silver dollar. If our Government should pass
would ' result at the same time financial crisis
In this country with which the present 3nn nc
Some have charged that President Cleveland
people upon this subject that he viii not sign
nd 10 o o to make the
possible use Of gold and silver as part Of the
milestone We're tied about his psss and that he
that Grover Cleveland would in the slightest
ss ep 70 the psdsss es SaS the
bill. Under the present circumstances he would
was proposed in the Bland amendments. But he
did not believe that the Sherman act was the
cause of trouble that was now around u.s. He as
that under Democratic rule. industrial revolution
was at hand While he had little confidence In the
remedy proposed. he not willing to deprive the
| business community of such consolation as might
come to II from the application Of The faith cure.
| Appause.)
Mr. Grout Rep.. VT spoke in favor Of repeal: as
| did also Mr.. Campbell dem, ~ "; while Mr..
| Enloe Dem. Tenn walked on the opposite side
| of the road. Mr. McEttrck Dem, Mass) sup
| ported the Wilson bill. Mr.. Sipe Dem, PENN and
Mr.. Gelssenhainer Dem. n. j. spoke in favor of
| repeal: and Mr.. Richardson Dem. TENN advo-
Gated free coinage at any ratio.
After the recess Mr.. Hermann (Rep. Ore) spoke
| against the Wilson bill and in favor Of the free
coinage of silver; and Mr.. Branch Dem. n. c.
| followed the same side Mr.. Bynum Dem. Ind
then took the floor to reply to Mr.. Pence's speech
! of yesterday
MIR. Wilson Rep., wash) favored free coinage.
Any legislation having for its object the utter ex-
| clusOn of silver was repugnant to the judgment
Of 80 per cent of the taxpayers in every State OF
the Union
Mr. McKeghan 0nd.. Nebl and Mr. Doolittle
| lick (Rep., Ohio advocated bmetallism. and
charged the present depression upon the Democratic
party for it's attitude the tariff Mr.. Wanger
| (Rep PENN spoke in favor of repeal and the
House then at II o'clock adjourned.
THE WAYS AND MEANS COMMITTEE