Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1893-08-17
THE HOUSE.

AAfh'A'AAe
The financial discussion took on a
deeper Interest today than Incc the open
ing day OF the debate. William j. Bry-
an, the eloquent young congressman
from Nebraska. added greater laurels To
his reputation as on orator, and made
free coinage speech which IN the opinion
Of many, surpassed the great tariff
speech which gave his name TO fame two
years ago. For nearly three hours Mr.
Bryan held the interested attention Of
the house and galleries, and every inter
ruption to which he was subjected only
gave him opportunities for those brilliant
reharlecs for which ne IS so famous,
The discussion was opened hy Mr.
Mccall Of Massachusetts, who made an
elaborate argument for the repeal Of the
purchasing clause of the Sherman act,
aud denied that such action could be inst.
~ construed rs an attack on bimefallism
Mr. Coomhs. speaking for repeal. high.
ly commended the presidents message,
when, " MS opinion, had never been
surpassed by any state paper.
In opening his argument against nm.
conditional repeal Mr.. Bryan said
upon the action 81 thls congress might
depend not only the welfare Of the South
and West, not only tho welfare of the
United States, hut the welfare Of In.
mauity itself for ages 10 come Some
outside Of this hall had assumed that the
Recommendation Of the president I'M
posed some obligation upon Democratic
members TO do as he desired, and some
even had been hardy enough to suggest
that failure to fall In with the recom.
mendations there made would subject
the dissenter to Administrative displcas-
ure, but those persons did tho president
great injustice The presidtq,t would not
for n moment forget tho independence
- ..l.a ..N 4 -
| the presidents own language rpbnkc those
who would from \ false fcalty change
their convictions upon the subject In
/ order to conform to his suggestions. II
| the United States, grfat silver pro.
| ducing country abandons silver It viii
IN all probability lead TO the annibilnton
Of silver a. standard money throughout
the world. Tho only law making any
provision for the increased use OF silver
money is the Sherman law. The prcsi-
dent has recommended 10 unconditional
repeal. but Democratic members are I'M
der no obligation to adapt his recon
mendation, since they are responsible TO
their constituents ouly, atl arc In duty
bound to protect their rights and regard
their interests,
W. are being dragged pward the uni
versal gold standard, 10 ~ realm over
whose door Is wi,iteni Abandon nope
all who enter here T,rre Is no such
thing ns an honest dolltr, because an
honest dollar would alyays have the
same purchasing power, mi the govern
msnt has never attcmpt9e to secure alb
solutc stability In q doiar me most
dishonest dollar ever proposed Is that
child of avaricc and Ignorance called me
gold dollar, for II would CONSTANTLY rise
In value md cheat the debtor While
we cannot secure an absolutely honest
dollar, we should approlrh II MS nearly
as possible, and bnnmuic standard
ought to he adopted because with BIZ
metailism, the money INT iiuctnntcs less
than under u single standard lnterna-
tional bimctnilism is d'slfaDie bur not
necessary. nnd not probable. Other En-
rOpean nations wait upon England. Eng
lands Mt lie in the erection of the
gold standard. 10 make our action de-
pendent upon hers allows her 10 iegia-
late for our people and u an abdlcation
of the right Of selfgo' rnmont..
We believe the restoration OF the right
Of free coinage as il existed previous TO
1878 would raise the prize Of silver bull
lion TO 100 cents per onn0 throughout the
world, aud render unnecessary any
change In the present rti0. The miner
is not unfair for asking br free coinage,
for such u law cannot gNe pack TO MIN
any more than decentralization took away;
but the miners interest Is an INCIDENTAL
Nllfs llf IANuAH ny Aut ~ ~ NAf'A ~
money just as the gold miner profits by
the use Of gold as money. or Just as
the undertaken profits bi the action OF
the country iu burylng paupera at the
public expense. Ii makCi n market for
his goods. The Sherman law Is not the
cause of our financial itrngency Mon.
eyed men OF the East stsrted this panic
by exaggerating the danr.rs OF god cx-
portatiOn. When the paile came they
were injured "a much az anybody else.
The trouble now IL deposlors have with
drawn their money from fear OF the
banks, and the repeal OF the Sherman
law will not increase the lolyency OF the
hanks. The Sherman Law provides for
large annual increase Il the currency.
which Is absolutely necessary. II also
keeps up the price Of silver bullion and
MAKES the return 10 bmstallis n easier.
Silver men were called rranks aud lu-
naticS. tnd idiots. becaua they saw the
danger ahead. Men from be West were
roundly denounced IN th, East ms an-
archists and dcstroycrs q the govern
ment
Mr.. Hartcr DEM Of 1llio interrupt
ed with questions. and foriifiecn minutes
a running exchange Of WI aud repartco
was lndnlged IN by the .Wo gentlemen.
II was a clash Of bright steel, aud nj,
though thore was little q the eolloqny
pertaining 10 the serious question under
debate, the readiness Of the dispniants
aud their perfect good humor cutter
taiued the house.
Then Mr.. Bryan spokein favor OF the
ratio Of i6 to ]. arguing that an III.
crease Of that ratio would be detrimental
to the international agreement as 70 tho
coinage Of TN two metals and continued
as follows.
The question Is not whether the pres
ident was honest or not Tue question
was whether lr ~.as right. Applansel.
The president had wan he confidence OF
The people Lat he md been deceived.
He had elid Ia has message the people
demand tho rGatal u thf sherman law,
He hrd haird rom boards OF trade
and from charnar-, - c0nmerce. hut not
from the farnd-s - lie men IN the work