Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1893-09-27
GnRMAN ON REPEAL



ATLANTA. Ga. Scp.. 2G.-Senator
1 Gordon has written a letter TO President
| TrammeN Of the state railway commits
sion, expressing bis views on the nect--
I sity ~ the prompt repeal Of the sherman
! law. 10 gives frst these PLAIN and force
ful Reasons why the country Is Obliged 70
set rid OF be Sherman law. aud quickly:
l. Because the very first financial de
msnd Of oar platform was repeal, speedy
repeal
> B,garsc nothing short of speedy
REPEAL could ailay the alarm, restore som.
degree Of confidence check panic and
prevent widespread bankruptcy.
Z. Because repeal was the first step
toward permanent relief for che people.
4. Because the use OF both metals on
equal footings is impossible so long as
The sherman law is In force.
.. Because that law. rightfully or
wrongfpnv. has 50 frightened men With
money to lend as 10 induce them 10 with
draw i and 10 hide It; und this with,
drawal was pressing down the price oil
cotton and every other commodity to 50
low figure as to threaten farmers aud
al industrial classes with certain ruin.
q. Because that law dragged down
the price OF silver. converting It from
staudnr,i money To mere commodity,
with It's value measured by gold coin.
:. Because that law had brought US
lIAfAtNIl 20 AlNAHNAfAAAA1AAis AAAH -
the eliminating crime Of the vicious
law. OF course with gold redemption of
silver certificates IL was monometalism
pure aud simple. How could it be other
wise?
Any trio in legislation must haze seen
that law which compelled the pur-
chase Of bullion Of one metal and the
redemption Of iis certificates IN the CON
Of another metal could have hut this one
result. The Democrats in both houses
snw IL ri the time the law was passed.
They denounced it then as a death blow
to silver.
Explaining his action in the senate,
General Gordon goes on to say But
suppose / had yielded my own judgment
for tho sake Of harmony and had changed
my position and advocated the bill Of
the minority, what practical good could
have been accomplished for the pcoplcI
Noue-ahs0lutely absolutely nothing
but the prolouging Of the agony IN which
the country was writing. \ majority
Of senators would have still been left for
repeal and the house. fresh from the
people, had given l3l majority for re-
peal. II was unreasonable. therefore,
TO suppose that the 2!9 members who
voted for repeal were going 10 surrender
10 tue los members who voted against
Possible EFFECT OF A DEAD
LOCK
But If by changing my position could
have changed the sennte's vote. what
good would that have accomplished II
would only have placed the senate IN
antagonism 10 the house and thus lock-
ed the wheels Of legislation on this
subject, increased the public alarm, de-
pressed the price of cotton 10 still
lower point and plunged the whole bust
ness interests Of the country into greater
chaos and ruin. There seemed to me
neither Democracy nor patriotism. nor
common sense IN that. What reason or
mducement, therefore. had | to abandon
my conyicunue and act with the minority?
The question answers itself. and che
overwhelming demonstration of the cor
rcctness Of my position is found in the
dintely upon the passage Of the repeal
bill by the house, and that the cOndi-
ton Of the whole country has steadily
improved since 1t became known that
the senate would also vote for repeal.
Money began At once to return to it's
usual channels, dormant industries reyiy-
cd, suspended banks began to resume aud
confidence was In measure restored.
But even now, If the senate could be in
duced 70 defeat the repeating bill the
price Of cotton would probably again de-
cline aud the distress In the country be
greater than ever"
He concludes by urging the Democrats
TO be PATIENT assuring them that Cleyo-
land Is nll right and will see party pledg.
as carried out