The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1893-10-31
THE GoLDBUGs WILL WIN.

Democratic side, aided by Senator
Sherman, the leader on the Republi-
can side, secured a vote on a substitute
repeal bill which takes the place of the
Wilson repeal bill passed by the House
some weeks ago. The substitute bill is
worded differently and contains a
promise of BIZ met llism and 'interna-
tional agreement" at some future time.
But nothing can be construed to mean
friendship for silver. Here is the sub
stltute:
THAT so much Of the act approved
July IA, 1890, entitled an act directing
the purchase of silver bullion, and
issue of treasury notes thereon, and for
other purposes las directs the Secre-
tary of the Treasury to purchase from
time to time silver bullion to the aggre-
gate amount of five million five hun
dred thousand ounces or as much there
of as NAV be offered in each month at
the market price thereof, not exceeding
one dollar for three hundred and sew
enty-One and twenty-five one hun
dredths grains of pure silver, and to
issue in payment for such purchase,
notes of the United States, be, and the
same is hereby repealed. And it is
hereby declared to be the policy of the
United States to continue the use of
both gold and silver as standard money
and to coin both gold and silver into
money of equal intrinsic and exchange
able value, such equality to be secured
through international agreement, by
such safeguards of legislation as will
insure the maintenance of the parity
in value of the coins of the two metals
and equal power of every dollar at all
times in the markets and in the pay
ment of debts. And it is hereby further
declared that the efforts of the govern
ment should be steadily directed to the
| establishment of such q safe system of
bi metallism as will maintain at all
times the equal power of every dollar
coined or issued by the United States
in the markets and in the payment of
debts"
AS Mr.. Peele says in the postscript
added to his excellent article on this
page: The President of Wall street
is against silver. It is possible that
legislation pretendedlyfriendly to silver
may be attempted, etc" But the whole
thing means unconditional repeal &C
cording to repeated admissions made
by President Cleveland, Senator VoOr-
bees and Senator Sherman.
The first vote taken Friday was on
an amendment to Mr.. Voorhees, sub
s~titute, presented by Senator PETER, of
Kansas. 8 The result was as follows:
The following is the vote detailed:
VOor MoCoro Allnn Potn RnrPU
Blackburn, Butler, Call, Coke, Daniel,
George, Harris, Irby. Jones, Arkansas;
Jones, Nebraska; Kyle, Martin, Pasco,
PETER, Power, Pugh, Roach, Shoup,
Stewart, Teller, Vance, Vest, Walthall
and Wolcott-28.
Nays-Aldrich, Gallery, Camden,
Carly, Cullom, Davis, Dixon, Dolph,
Faulkner, Frye, Gallinger, Gibson,
German, Gray, Hale, Higgins, Hill,
Hoar, Lindsay, Lodge, Mcmillan. Nc
Pherson, Henderson, Mitchell, of Wi
consin; Morrill,, Murphy, Palmer, Per
kins, Proctor, Quay, Ransom, Sher-
man, Smith, Stockbridge, Turpie, Villas,
voorhees,, Washburn and White, of
Louisiana-39.
The pairs were announced-Petti-
grew and Gordon; Squire and Mitchell,
of Oregon; Brice and Cameron; Mills
and H~ansbrough; Chandler and White,
of California; Colquitt and Wilson;
Cockrel and Allison; Hawley and Nor
gan; Hunton and Platt.
Mr.. Voorhees, then asked for the
unanimous consent of the Senate to
allow the amendment of the committee
(his substitute) to be open to amend
ment just as the original bill was. The
result was a vote of So yeas and 9
nays. Those voting nay were Allen,
Bate, Call, Coke, Irby, Kyle, PETER,
Roach, Vance.
Several amendments were offered
during the day Saturday and all voted
down, though the vote was very close
on the n offered by Mr.. Berry, of
Arkansas, to revive the Bland Allison
act of 1878.
It is now believed that the end is
near. No substitute favorable to silver
will be passed. No compromise will
be acceptable to the people unless it is
equivalent to free coinage, and that is
out of the question. Unconditional
repeal may be sugar coated, but it will
not be swallowed by the American
people. We have never surrendered
to England and never will, even though
they have control of our National Leg
.islators to a large extent. Perhaps
the unconditional repeal will be a
certainty before our paper. reaches
half of u readers. That is the out
look now.
A SHERMAN IN ARGENTINE.
A London dispatch of the 18th says