New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-07-07

great Of gold to this country was not dre 70
our balance of trade Though thai; happily a. remember
In favor but was due very largely also 10 inc
Of foreign money this for investment Just as
rcenty we have seen money going the other because
everybody was afraid bonds that we're said TO
DO payable In gold might not eventually DC payable IN
gold and the feeling all our other securities were
most uUccitsn in their outcome
Mr. ST JOHN WANTS. THE MEASURE REPEALED.
Mr.. Orr asked for further remarks, and William
P st. John said:
conGne myself to the nrs paragraph OF these re'ou-
lions Mr. Chairman You gentlemen are not caring Z" 60
into long debate o. economics. will unde take to mrct
anv companv in debate when time allows and submit fact
IN fact and et any flrmnicd come TO conclusion
We never had organization anything like debate
which intended reach act~ ana those facS deter
mine opinion. 1t is in the nature oil the case hat we
cannot have
And understand this first paragraph OF these reseu'
lions Is a matter Of urgency, and leo mo say at the
there is thing in which am agteeu WIN Vh'
Chamberlain must repeal the Shermoh Jaw anu s'o0
buying silver. applause Give me lit'e nicnohess
in the car after that remark. Laughter This il
awfulv scrous business and | am all well man
to-day and 1 cannot do things that might attempt
Oh another occasion. The question now j. what mas
been thought about by this law!
The administration Of our act saws that the man who
holds note Of United States shall have what he
wants in payment--gold silver. The Bank OF France
says that the who holds Bank Of France nse shall
have what the bank gives him. The difference is very
important YOU perceive Now when they in these
straits our debt foreigner natures. and he gets
IT, and the only thing he will accept gold whether We
coin silver Who it that has acquired this gold
as Mr. Clann said-FIance1 Don't you know Mr.. Claim
that the Bank France pays out gold silver in Just
exactly what way the bank pcases. and large part OF
the time in silver only.
Gentlemen I am not going TO waste your time on thls
thing. l stake my reputation. II there Is any left
daughter on a knowledge upon this question would
GO into battle vigorously fight for their homes
and their country and would defy every opinion in the
City of Ncw-York until facts furnished me to correct
my opinion. I was sir for eight years member
Of your Finance and the instance of the
president Of chamber delvcd this subject mainly
the purpose OF antgonizing the Western opinion
put eight years Of research six OF them for the purpose
Of antagonlling that Western opinion and IL Knocked me
completely and need facts convert 10 The
opinion that you putting forth and asking 10 have
adopted to-day. (Applause)
At the end of Mr. st. Johns speech there
were cries of "Question.' The chairman there
fore put the resolutions 10 a vote. 1hrr" WIS
a chorus of yeas and only few nays. On this
account a division was asked. and nearly every
one in the room stood mp to vote Tor the reso-
buttons. Mcssra St. John, Colgate and Higgins
hcirg the only members 70 vote against them.
Mr. Orr then appointed the committee. :,
Cornelius y Bliss then offered the following
resolution. which was adopted
That the secretary be instructed send copy Of the
resolutions 10 the President and each member Of Con
grcss previous assembling Of that BODY on the
eth proximo and that be further instructed
70 send 4 copy Of the resolutions 10 all Climbers OF
Commerce Boards OF Trade and ether CONNER TAI BODIES
throughout the with letter addressed 10
the president OF each requesting carly action on this
subject by their respective associations