River Falls journal. [volume] (River Falls, Pierce County, Wis.) 1872-2019, 1893-08-31
THE SILVER DEBATE.
synopsis of the Discussion In the United
States Congress.


On the sd Mr.. G. w. Stone rep Pa saic he
| would vote for repeal because il might in some
| degree relieve the distress. but he did not at
| tribute 10 the Sherman law the existing con-
| dition Of affairs
| Mr.. Ryan tdem, n. " announced his inten.
| ton to cast his vote for the unconditional re-
| peal of the purchasing clause OF the SLerman
| set
Mr. Covert dem. N " and Mr.. Fitch dem.
/ y. NJ both spoke for repeal, the latter saying
| Much had been heard about conspiracy 10 de
monetize silver. 1t was not believable, nor
was IL original, and that talk had no terrors for
New Workers. Injury TO the great business in
| terests OF the country meant injury To all
/ Mr. Dalzell rep, Pa spoke in favor OF re-
| peal He said he did not hold the sherman
law responsible for the present business de-
/ preston. but IL should be repealed The United
States cannot singly and alone remonetize
| silver under existing conditions
| Mr. Hatch ldem., Mo } said no man had a
more supreme contempt for the Sherman law
than he had from the first word to the last
/ word; he had denounced 1t: he had voted
| against IL: but in connection with its repeal
/ there should be some attempt to relieve the
| people and TO move the great crops of the couu-
try which are now lying In storehouses because
there Is no money
peal, awaited himself of the opportunity 10 en-
ter upon defense Of the New York democracy
against the attacks made upon IL by democrats
from the south
Mr. Turner dem. Ga) was IN favor Of the
repeal BILL and he was also IN favor of the free
coinage of silver at the highest ratio that had
been suggested.
Mr.. CONN DEM and Mr.. Taylor (rep TENN
spoke in favor OF free silver.
| Mr. Mcguire (dem., Cali spoke in opposition
TO unconditional repeal and protested against
| hasty action
Mr. Bell (dem. Tex) spoke in favor OF BIZ
metsllism and the free coinage of silver.
Mr. Hicks (rep, Pal, while advocating the
Wilson bill. attributed the present depression
TO the fear OF democratic unkering with the
tariff.
Mr. Cannon rep. No. opposed repeal The
country was in a bad condition, but he did not
| think that the had been properly dag
nosed- He would let the purchasing clause
OF the Sherman law stand until the democratic
side OF the house would meet the republican
side and would enact measure that would
utilize all the silver in the treasury a. its com
mercial value.
Mr. Walker (rep, Mass.) said he was In favor
OF the Wilson bill and advocated unconditional
repeal OF the purchasing clause.
| Mr.. Hunter (dem., Ill said he would vote
| for the Wilson bill an alternative, although
| h greatly preferred the Bland substitute.
afr Ikert dem, o. did not believe that sill
Yer would sensibly increase in value on a 10 to
4 ratio. nd the change in ratio should be care
fully considered. and, in his judgment, ratio
OF isbs 10 or 10 TO would be proper but mean
while he would vote for repeal
Mr. Harris. (pop. dem, Kan.,) said had the
Sherman law been administered by its friends
| although not a proper money measure-it
would have aided powerfully in the remonitiz
alton OF silver Kansas was unit for free
coinage at 10 TO l.
On the cath, under the hve-minute rule, Mr.
| Waugh trep Ind said he would vote for the
repeal of the Sherman bill although he did not
believe 1t was the cause OF the present depres-
sion. Mr.. Somers dem, Wis., favored hi
metallism. hut would not vote for unconditional
repeal Mr. johnson rep, N d. spoke for
silver. Mr. Pickler rep, ). d. criticised
| President Cleveland as being under Eng
| lish influence. Mr.. Din ley (rep, Mel CON
tended that the present business depression
was not directly attributable to the act OF 1890
| 1t went furthe oack than that and was more
due to the legislation OF 1873. Mr.. Lucas (rep :,
| =. d. and Mr., Hartman rep, Mont) spoke for
| free coinage, the latter ntimatng that his peo-
pie would not remain protectionists ~ the
| party failed to observe the bimetalfc
plank. Mr.. Bartholdt rep, Mo- de-
/ clared for repeal and the extension
| OF bank circulation. Mr. Houk tdem-, o.
| spoke for unconditional repeal, and Mr. Heard
| (dem., Mo- against the Wilson bill. holding
| that the people were entitled to something
more. Mr. Caruth dem, XVI indorsed the
| presidents declaration that the people
were entitled to sound and stable
currency. From all classes comes the
assertion that the present widespread dis
I
Sherman act Mr. Wilson rep, o. acknowl
edged the dificuty of keeping gold and silver
at a parity, but he was in favor Of the govern
ment main tanning the double standard He
would cast his vote for any measure that
would keep gold and silver a parity.
Mr.. Van Voorhis (rep., ~ W said that IL
congress had passed two weeks ago a bill re-
pealing the purchasing clause the panic would
be of to day Mr.. Russell dem, Ga was in
favor OF free coinage. This, he said, not a
RUhf hafv mai WI AOht
between the money classes and tn sboring
classes Mr. johnson dem, o Jsed to
vote for the Wilson bill because heS opposed
to the purchase OF silver. He believed that one
unit and only one unit could be maintained at a
time Mr. Crawford (dem N c. believed that
when the vote was taken the majority of the
democrats would be found voting for free coin
age. Mr. Pence (pop, COLI criticised in a
humorous vein Mr., Bynum Undl for his pres
ent attitude on the silver question He had
beard him declare in 1891 that he (Bynum) had
always been in favor OF the free coinage of sill
v>r. had voted for free coinage from the time
tie question had teen before congress, and
would do so every time the question came up
He PENCE ventured to tell him that the
question had now come up Mr. Bynum
replied to Mr. Fences structures upon his
seeming inconsistency confessed his sins ana
asked for forgiveness. Mr.. Johnson rep, Ind
ard Avery rep Mich.) spoke in favor OF repeal
Mr. swanson ldem, Va said the people that he
\
vote for the free and unqualified coinage OF sill
yer Mr. Maddox dem, Cal opposed the Wilson
bill and declared that the free silver democrats
did know how to surrender they
knew how to retire Mr. Grady dem.
N. ~ spoke in favor OF free coinage.
Mr.. Milliken rep, Mel declared that the
purchasing clause should be repealed, but he
did not wish TO be understood as believing
that il was the cause of the present trouble
Mr. KEN Cpop, Neb) was in favor of free coin
Mr. lppln rod a 4 aufH her
resented a constituency of 27s 900 and he repre-
scented a race of sO00O00 he did not believe
that the great troubles existing were attribut-
abe to the sherman law. but TO the contraction
of the circulating mediums, and in his opinion IL
could be relieved only by the enlarge ment OF
The volume OF money. His race believed that
there was not enough money in the world to act
as currency. II was in favor OF making up the
deficiency with silver, and to that extent he
was in favor of free coinage and bimetallsm
On the 18th Mr.. Bowers (rep, Cali said:
Pass a free coinage bill and will find the
nations Of the world begging us TO Join in an in
ternational agreement for the coinage OF both
gold and silver" Mr.. Pendleton dem, Tex
and Mr. Bowers rep, Cali were in favor OF
free coinage, and Mr. Dockery dem, Mo-
spoke in favor of bimetallism- Mr.. Moon (rep,
Mich spoke for bimetallism, and Mr.. Cobb
(dem-, Alal opposed unconditional repeal
Mr.. Marsh (rep, Ill) opposed the VIII
son bill and favored the free coinage OF
silver. Mr. Compton dem, Md spoke for un
conditional repeal, and Mr. Money dem, Miss
against the repeal Mr. Sickles dem, ". W
spoke for unconditional repeal Other remarks
favoring rrpeal were made by Messrs. Payne
(rep.. ~ ", Brsvley fdem., :. c.. Breckin
ridge (dem, Ark, Dolliver rep, la }, Grout
trep.. VIZ. Campbell, dem, N. W. McEtfrick
tdem-, Mass, Sipe dem, Pa, Gessen
Neb), Doolittle (rep., WASH and wanger
Crep, Pa. Remarks in opposition TO the